Business News

By Siddharth Cavale and Abhirup Roy NEW YORK (Reuters) – Walmart Inc plans to have its own network of electric vehicle charging stations by 2030 to tap into the growing …

By Patturaja Murugaboopathy and Chuck Mikolajczak (Reuters) – U.S. dividend funds have faced steep outflows this year after strong inflows last year as investors rush to safer money market funds …

ZURICH (Reuters) -UBS Chief Executive Sergio Ermotti has told Credit Suisse staff it is “critical” to remain focused on clients and keeping the business running as the merger of the …

By Lindsay Dunsmuir (Reuters) -The Federal Reserve should stick to raising interest rates to lower inflation while the labor market remains strong, given the high probability recent financial stresses will …

By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -The Canadian economy added more jobs than expected in March and the unemployment rate remained near a record low for a fourth …

By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund expects global economic growth to dip below 3% in 2023 and to remain at around 3% for the next five years, …

SANTIAGO (Reuters) – Consumer prices in Chile rose 1.1% in March, data from statistics agency INE showed on Thursday, roughly in line with market forecasts as the world’s largest copper …

By Norihiko Shirouzu, Joseph White and Maki Shiraki (Reuters) – After making sweeping changes to its leadership team, Japan’s Toyota Motor Corp is looking at a factory floor overhaul as …

By Michael S. Derby NEW YORK (Reuters) – International supply chain stress continued to ease last month, the Federal Reserve Bank of New York said on Thursday, in data that …

WASHINGTON (Reuters) – The World Bank on Thursday lifted its 2023 economic growth forecast for eastern Europe and central Asia to 1.4% from an earlier 0.1% prediction, citing improved outlooks …

By Giuseppe Fonte ROME (Reuters) -Italy’s government plans to cut its 2024 economic growth forecast, people familiar with the matter said, as it weighs the negative impact of rising interest …

By Granth Vanaik (Reuters) – Levi Strauss & Co on Thursday warned of a margin crunch this year as it would have to offer higher promotions than previously anticipated while …

By Asif Shahzad ISLAMABAD (Reuters) -Saudi Arabia has told the International Monetary Fund it will provide financing to Pakistan, Pakistani junior finance minister Aisha Ghaus Pasha said on Thursday, a …

(Reuters) -A U.S. court on Wednesday denied AMC Entertainment Holdings Inc’s request to lift a status quo order on converting its preferred stock into common shares. In February, AMC investors …

SAO PAULO (Reuters) – Brazilian Finance Minister Fernando Haddad said on Thursday the country’s central bank has sent “several signs” that measures being taken by government to balance public accounts, …

TORONTO (Reuters) – Canadian economic activity expanded at a faster pace in March as employment and inventories both climbed, Ivey Purchasing Managers Index (PMI) data showed on Thursday. The seasonally …

WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Thursday said the global economy faced increased downside risks following recent bank failures in Switzerland and United States that …

By Dave Sherwood HAVANA (Reuters) – U.S. venture capitalist Stacey Brandhorst has traveled Latin America giving advice to fledgling entrepreneurs. But communist-run Cuba, she says, is a tough nut to …

By Gleb Stolyarov (Reuters) -Russians purchased more Chinese cars in the first quarter of 2023 than Ladas, Russia’s most popular, locally made vehicle, data showed on Thursday, evidence of Beijing’s …

By Lisa Barrington DUBAI (Reuters) – Double-digit food price inflation will weigh on the Middle East and North Africa region this year, causing growth to slow to 3% from 5.8% …

By Rachna Uppal DUBAI (Reuters) – The World Bank has revised its 2023 economic growth projection for the oil exporters of the six-member Gulf Cooperation Council (GCC) downwards to 3.2% …

TORONTO (Reuters) – Canada’s economy gained a net 34,700 jobs in March, both in full-time and part-time work and ahead of analyst forecasts, Statistics Canada data showed on Thursday. The …

(removes extraneous words from headline) BEIJING/PARIS (Reuters) – Plans for a new Airbus assembly line in China, announced during a visit to Beijing by French President Emmanuel Macron on Thursday, …

By Elizabeth Howcroft LONDON (Reuters) -The collapse of crypto exchange FTX and its grant-making body, the FTX Future Fund, has left some researchers at top universities without the funds they …

(Reuters) – Constellation Brands Inc forecast full-year profit above Wall Street estimates on Thursday, benefiting from price increases aimed at combating elevated costs and strong demand for its high-end beer …