Business News

(Reuters) – Pfizer said on Thursday it has signed a strategic cooperation agreement with China’s Sinopharm Group, and plans to seek approval to market 12 innovative drugs in China through …

(Reuters) -Apple Inc said on Thursday it would use only recycled cobalt in batteries by 2025 as a part of its efforts to make all its products carbon neutral by …

TOMS RIVER, NJ – During one of the last sessions in the New Jersey Legislature before the holiday break, an obscure law that sought to end the ban on chair …

By Balazs Koranyi WASHINGTON (Reuters) – European Central Bank policymakers are converging on a 25 basis point interest rate hike in May, even if other options remain on the table …

By Mimosa Spencer and Silvia Aloisi PARIS (Reuters) – LVMH, the world’s largest luxury company, reported a 17% rise in first-quarter sales, more than double analysts’ expectations, as China rebounded …

(Reuters) -Apple Inc is in talks with suppliers to make MacBooks in Thailand as part of the company’s ongoing efforts to expand its manufacturing presence beyond China, the Nikkei reported …

By Benjamin Mallet PARIS (Reuters) -French utility EDF has warned drawn-out strikes at its nuclear reactors and hydro-electricity plants have cost it 1 billion euros ($1.10 billion) in lost output …

LONDON (Reuters) – The G20’s financial watchdog on Thursday recommended a blueprint for banks to report cyberattacks in a common format in a bid to speed up responses to hacking …

ROME (Reuters) – Italy plans to raise borrowing by some 8 billion euros ($8.8 billion) this year and next to fund aid measures mainly focused on cutting taxes for employees, …

MILAN (Reuters) – Stellantis has managed to preserve a strong pricing power in North America, its CEO Carlos Tavares told shareholders on Thursday, in contrast with signs of pricing power …

NEW DELHI (Reuters) – India’s exports of merchandise and services rose by 6% in the fiscal year to March 31, Indian government data released on Thursday showed, while imports from …

By Timothy Aeppel, Ben Klayman and Nichola Groom (Reuters) – Volkswagen’s off-road brand Scout Motors studied 74 different parcels of land across the U.S. last summer as it hunted for …

By Allison Lampert and Abhijith Ganapavaram (Reuters) – Airlines and aircraft repair shops in North America are increasingly relying on used and generic parts to keep jets flying, a symptom …

By Gilles Guillaume PARIS (Reuters) -Renault said on Thursday it had entered a long-term commercial partnership with French start-up Verkor to produce batteries for the carmaker’s premium and Alpine electric …

A look at the day ahead in U.S. and global markets from Mike Dolan Relief at the pace of U.S. disinflation hasn’t stopped markets betting on one final Federal Reserve …

By Andy Bruce and William Schomberg LONDON (Reuters) – Britain’s economy stagnated in February as strikes by public workers hit output but a bounce in January was stronger than first …

HONG KONG (Reuters) -Chinese property developer Sunac China Holdings Ltd lost more than half its market value on Thursday after resuming trade following a suspension of more than a year, …

BRUSSELS (Reuters) – Euro zone industrial output was stronger than expected in February, data showed on Thursday, mainly thanks to a rise in production of capital and non-durable consumer goods. …

By Joe Cash and Ellen Zhang BEIJING (Reuters) – China’s exports unexpectedly surged in March, with officials flagging rising demand for electric vehicles, but analysts cautioned the improvement partly reflects …

KYIV (Reuters) – Ukraine’s gross domestic product (GDP) fell by 29.1% in 2022 as Russia’s full-scale invasion battered the economy, the state statistics service said late on Wednesday. The final …

SINGAPORE (Reuters) – Zurich-based Julius Baer has appointed Chin Lit Yee as its new head of South East Asia, the private bank said on Thursday. Kevin Tay will assume Yee’s …

By Sabrina Valle HOUSTON (Reuters) – Chevron Corp CEO Michael Wirth was paid $23.6 million in 2022, a 4% increase from the prior year while the median annual compensation for …

By Josh Ye HONG KONG (Reuters) – After years of bankers quitting Hong Kong amid a China security crackdown and tight COVID curbs, the city is rolling out the red …

(Reuters) -National Public Radio (NPR) will no longer post content to its 52 official Twitter feeds in protest against a label by the social media platform that implies government involvement …