Business News

By Mrinmay Dey and Jeffrey Dastin (Reuters) -Amazon.com Inc said on Wednesday it had completed its $3.5 billion takeover of primary care provider One Medical, a day after a U.S. …

By Shivangi Acharya and Sarita Chaganti Singh BENGALURU (Reuters) -India does not want G20 nations to discuss additional sanctions on Russia for its invasion of Ukraine, government sources said on …

By Eduardo Baptista BEIJING (Reuters) – China’s Baidu Inc will use its ChatGPT-like app Ernie Bot to create a “revolutionary” version of its popular search engine, the company’s CEO said …

AMSTERDAM (Reuters) – Bill Gates has bought 3.76% stake in Dutch drinks giant Heineken Holding NV, although the billionaire founder of Microsoft has previously said he was “not a big …

By Abhijith Ganapavaram (Reuters) – Aerospace giant Raytheon Technologies Corp can support a monthly production rate in the mid-50s range for Airbus SE’s A320 aircraft this year, a target that …

(Reuters) – Facebook-parent Meta Platforms Inc is planning a fresh round of job cuts in a reorganization and downsizing effort that could affect thousands of workers, the Washington Post reported …

By Blake Brittain (Reuters) – A federal judge in Austin, Texas on Tuesday rejected a request by Meta Platforms Inc’s to throw out a $175 million jury patent verdict for …

By David Lawder BENGALURU (Reuters) – U.S. Treasury officials said on Wednesday they expect G20 discussions over debt relief for distressed countries to be “difficult” this week, but it was …

By Jessica DiNapoli BOCA RATON, Fla (Reuters) -Cholula maker McCormick & Company Inc is looking to hike prices on its spices and hot sauces but is getting “pushback” on the …

(Reuters) -Comcast Corp has cut its stake in BuzzFeed Inc by 8.5% since the end of January, cashing in on a rally in the shares of the digital media company …

MOSCOW (Reuters) – Consumer prices in Russia rose at a slower pace over the last week, data from the state statistics service Rosstat showed on Wednesday, easing inflationary concerns flagged …

By Rachel Savage JOHANNESBURG (Reuters) – A 30% upfront cut of debt-stressed countries’ borrowings could save them $148 billion over eight years, the U.N. Development Programme said on Wednesday, proposing …

By Ali Kucukgocmen and Henriette Chacar ANTAKYA, Turkey (Reuters) – Turkey launched a temporary wage support scheme on Wednesday and banned layoffs in 10 cities to protect workers and businesses …

By Steven Scheer JERUSALEM (Reuters) -Israel’s shekel was largely unchanged against the dollar late on Wednesday, recovering from further falls in the currency that some say could spark central bank …

(Reuters) – China’s Baidu Inc beat revenue estimates for the fourth quarter on Wednesday, bolstered by strength in its advertising, cloud and artificial intelligence businesses, sending its U.S.-listed shares up …

By Iain Withers and Lawrence White LONDON (Reuters) – Britain’s Lloyds Banking Group signalled that falling house prices, competition on savings and rising costs may crimp future returns after reporting …

By Dominique Vidalon PARIS (Reuters) -French food group Danone said on Wednesday it expected better margins this year after soaring raw materials and energy costs weighed down its full-year 2022 …

By Giulio Piovaccari and Nick Carey MILAN (Reuters) -Fiat, Ram and Peugeot maker Stellantis beat profit forecasts on Wednesday due to strong car prices and greater-than-expected merger benefits, but warned …

By Aatrayee Chatterjee and Ananya Mariam Rajesh (Reuters) -TJX Cos Inc forecast annual profit below analysts’ expectations on Wednesday, as the off-price retailer faces pressures from supply chain costs as …

EAST RUTHERFORD, NJ – Four people were injured when a decorative helicopter inside the American Dream Mall’s DreamWorks water park on Sunday. Now, officials with the New Jersey Department of …

By Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India (RBI) is likely intervening in both the offshore and onshore markets to shield the rupee from the fallout of …

NEW YORK, NY – Detectives with New York City’s 1st Precinct in Lower Manhattan have arrested a woman wanted for setting fire to a pride flag outside a South Village …

By Victoria Waldersee BERLIN (Reuters) -Tesla Inc has begun assembling batteries in Germany but will focus cell production in the U.S. in light of Inflation Reduction Act incentives, the company …

By Chijioke Ohuocha ABUJA (Reuters) -Nigeria’s economic growth slowed to 3.52% in the fourth quarter from 3.98% a year earlier, as widespread flooding destroyed farms, oil production declined and industry …

By Chiara Elisei LONDON (Reuters) – Private credit and infrastructure investments across emerging and developing markets surged to record levels in 2022 as borrowers looked for alternative financing options amid …