Business News

By Daina Beth Solomon and Diego Oré MEXICO CITY (Reuters) – Tesla Inc’s quest to build its first factory in Mexico reveals some of the shaky underpinnings of the country’s …

(Recasts headline) By Sophie Penney LONDON (Reuters) – Recent investment in soccer has set the bar for the value of elite clubs and led to the sport becoming “big, big …

By Andrew Chung WASHINGTON (Reuters) – In 2021, a California state court threw out a feminist blogger’s lawsuit accusing Twitter Inc of unlawfully barring as “hateful conduct” posts criticizing transgender …

By Jaiveer Shekhawat and Niket Nishant (Reuters) -Binance has pulled back on some potential investments in the United States, its CEO Changpeng Zhao said on Friday, following a Bloomberg report …

By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen will travel to India next week for G20 finance meetings that will focus on unblocking distressed-country debt restructuring, boosting support …

(Reuters) -Canada’s Rogers Communications on Friday extended the deadline for its C$20 billion merger with Shaw Communications for the fourth time to March 31 as the companies await the final …

(Reuters) -The International Monetary Fund (IMF) is considering approving a loan for Sri Lanka, even without China’s assurance of debt-restructuring support, Bloomberg News reported on Friday. Under a rarely used …

By Douglas Gillison and Pete Schroeder WASHINGTON (Reuters) – Former pro US basketball star Paul Pierce has agreed to pay more than $1.4 million to settle charges he illegally promoted …

By Lindsay Dunsmuir and Howard Schneider (Reuters) -Two Federal Reserve officials on Friday added to a chorus of U.S. central bankers this week in signaling that interest rates will need …

MEXICO CITY (Reuters) -Mexican distiller Becle, parent company of the popular Jose Cuervo tequila brand, on Friday forecast further sales growth in 2023 as it expects to increase the volume …

(Reuters) – Russia’s central bank said on Friday that inflationary pressures across the economy had remained strong during the first two weeks of February, citing a slump in the rouble …

(Reuters) – Russian crude oil exports to the European Union slipped to around 600,000 barrels per day (bpd) in January as seaborne volumes dried up except to Bulgaria, International Energy …

By David Shepardson and Joey Roulette WASHINGTON (Reuters) -The Federal Aviation Administration (FAA) on Friday proposed a $175,000 civil penalty against SpaceX for failing to submit some safety data to …

ROSSLYN, Va. (Reuters) – The unexpectedly strong January jobs report and retail sales may have been influenced by seasonal factors, and don’t necessarily point to overly strong demand that would …

By Lucia Mutikani WASHINGTON (Reuters) – U.S. import prices dropped for a seventh straight month in January amid declining costs for energy products, leading to the smallest annual increase in …

By Joanna Plucinska LONDON (Reuters) -Air France-KLM said on Friday its 2023 bookings were almost back to pre-pandemic levels as it reported a better-than expected fourth-quarter operating profit with global …

By Leigh Thomas and Francesco Canepa PARIS/FRANKFURT (Reuters) – European Central Bank interest rates still have some way to rise, two influential policymakers said on Friday, pushing up market pricing …

By Joseph White and Priyamvada C (Reuters) -Top U.S. auto retailer AutoNation Inc reported a better-than-expected quarterly profit on Friday, sending its shares up 9%, as demand for new vehicles, …

(Reuters) -Air Canada said on Friday it would return to 2019 capacity levels next year on strong travel demand, after reporting a larger-than-expected quarterly loss per share. The carrier’s shares …

ROSSLYN, Va (Reuters) – The labor shortages bedeviling U.S. businesses are unlikely to be resolved quickly or easily, Richmond Federal Reserve bank president Thomas Barkin said Friday, pointing to low …

SAO PAULO (Reuters) – Brazilian planemaker Embraer SA met its 2022 forecast for executive jet deliveries but fell just short of reaching previous guidance for commercial aircraft, after another year …

By Foo Yun Chee BRUSSELS (Reuters) -Tech giants including Facebook, Google, Twitter and TikTok face stricter online content rules in the European Union due to their huge number of users. …

Producer prices in Canada rose by 0.4% in January from December on higher prices for refined petroleum energy products, as well as primary non-ferrous metal products, Statistics Canada said on …

PARIS (Reuters) – French jet engine maker Safran on Friday backed plans by Airbus to raise its core single-aisle production above 65 jets a month, but warned that fragile global …

LONDON (Reuters) – Investors turned more cautious in the week to Wednesday, according to data from Bank of America, as a run of data prompted many to raise their forecasts …