Business News

(Reuters) – Flair Airlines said on Wednesday it is leasing two more Boeing 737 MAX jets to meet rising travel demand, after the Canadian budget carrier lost access to four …

BERLIN (Reuters) -Volkswagen’s passenger car brand will implement savings and cost-cutting measures amounting to 10 billion euros ($10.83 billion) by 2026 to hit a return on sales target of 6.5%, …

By Leah Douglas (Reuters) -California’s Upside Foods said on Wednesday it received regulatory approval from the U.S. Department of Agriculture for the label on its cell-cultivated chicken, making it the …

OTTAWA (Reuters) – Canada, which has been renegotiating its support for a Stellantis-LGES electric vehicle battery plant, is confident that the investment is good for the country and “is coming,” …

By Siddharth Cavale NEW YORK (Reuters) – Walmart’s Flipkart marketplace and PhonePe payments business in India could be $100 billion businesses buoyed by strong growth, the retailer’s chief financial officer …

By Carolina Mandl and Davide Barbuscia NEW YORK (Reuters) – BlackRock Inc chairman and Chief Executive Officer Larry Fink said on Wednesday he is not planning to leave the world’s …

By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) – European shares rose on Wednesday, supported by banks and miners, ahead of a broadly priced-in pause in interest rate hikes by …

ZURICH (Reuters) – Switzerland’s parliament announced on Wednesday the 14 members of a special commission that will look into Credit Suisse’s collapse and its subsequent rescue engineered by Swiss authorities. …

By Julie Zhu HONG KONG (Reuters) -Bill Gates, Microsoft Corp’s co-founder, is set to meet Chinese President Xi Jinping on Friday during his visit to China, two people with knowledge …

By Pete Schroeder WASHINGTON (Reuters) – A top U.S. bank regulator said on Wednesday that while banks have strengthened their liquidity after the spring banking crisis, firms must remain on …

PARIS (Reuters) – LVMH Chairman and CEO Bernard Arnault’s five children are increasingly stepping into the spotlight as they move up the ranks of the luxury empire. All five of …

By Ron Bousso and Shadia Nasralla LONDON (Reuters) -Shell said it will ramp up its dividend and share buybacks while keeping oil output steady into 2030, as CEO Wael Sawan …

(Reuters) – U.S. Treasury officials on Wednesday unveiled rules for how non-profits, tribes and governments can take advantage of subsidies in President Joe Biden’s new climate change law, expanding the …

By Ismail Shakil OTTAWA (Reuters) – Canada’s budgetary watchdog estimated on Wednesday that a deal offering Volkswagen production tax credits to build a battery gigafactory in the country will cost …

By Stephen Nellis SAN FRANCISCO (Reuters) -Amazon Web Services, the world’s largest cloud computing provider, is considering using new artificial intelligence chips from Advanced Micro Devices Inc, though it has …

NEW YORK (Reuters) – The U.S. economy should avoid a recession this year while inflation will fall closer to target, implying “a positive outlook for capital flows to emerging markets,” …

BENGALURU (Reuters) – U.S. private equity firm Bain Capital is looking to sell a 0.7% stake in India’s Axis Bank worth as much as $267 million, CNBC-TV18 reported on Wednesday, …

By Sam Tobin LONDON (Reuters) -The billionaire co-chairman and CEO of Chinese developer Guangzhou R&F Properties Co Ltd on Wednesday agreed to be extradited from London to the United States, …

SAO PAULO (Reuters) – Retail sales in Brazil rose for the second consecutive month in April driven by Easter sales, data from government statistics agency IBGE showed on Wednesday, but …

By David Carnevali (Reuters) – French aerospace engine maker Safran SA is nearing an approximately $1.8 billion deal to acquire a Raytheon Technologies Corp unit that makes flight controls for …

By Karl Plume and Rod Nickel CHICAGO (Reuters) -Bunge’s planned acquisition of Viterra would make the world’s biggest oilseed crusher even more dominant and secure a larger role in the …

By David French (Reuters) – One of SilverBow Resources Inc’s largest shareholders called on the U.S. oil and gas producer on Wednesday to drop its anti-takeover defenses and explore a …

By David Shepardson WASHINGTON (Reuters) -A U.S. judge late on Tuesday granted the Federal Trade Commission’s (FTC) request to temporarily block Microsoft Corp’s acquisition of video game maker Activision Blizzard …

NEW YORK (Reuters) – BlackRock sees strong demand from its global clients for infrastructure investments in Saudi Arabia, Rachel Lord, Head of APAC at the asset manager, said on Wednesday. …