Business News

By Sam Tobin LONDON (Reuters) – Virgin Group won its trademark case against Alaska Airlines Inc for approximately $160 million on Thursday, with a judge in London ruling that it …

BEIJING (Reuters) -China on Thursday put Lockheed Martin and a unit of Raytheon Technologies on an “unreliable entities list” over arms sales to Taiwan, banning them from imports and exports …

By Sara Merken (Reuters) – Companies that finance U.S. commercial lawsuits in exchange for a cut of any recoveries upped their investments last year, committing $3.2 billion, according to a …

By Andrea Shalal WASHINGTON (Reuters) – The World Bank, under pressure to do more to help developing countries cope with climate change, may change its internal lending guidelines to free …

By Luc Cohen NEW YORK (Reuters) -A U.S. judge intimated on Thursday that Sam Bankman-Fried might deserve to be jailed pending trial after prosecutors suggested that the indicted FTX co-founder …

(Reuters) – Westpac Banking Corp said on Friday its common equity tier-1 ratio in the first quarter fell sequentially as the lender increased provisions for bad debts. The bank did …

By Marc Jones LONDON (Reuters) – The European Central Bank’s sharp increase in borrowing costs has yet to be fully felt by the economy, two top European Central Bank policymakers …

BERLIN (Reuters) -Mercedes Benz said on Thursday it plans to buy back up to 4 billion euros ($4.28 billion) of its shares over two years from March 2023, in a …

By Howard Schneider WASHINGTON (Reuters) – Continued Federal Reserve rate increases will “lock in” slowing inflation even with continued economic growth, St. Louis Federal Reserve President James Bullard said on …

SAO PAULO (Reuters) – Brazilian retailer Americanas SA on Thursday failed to reach a deal on proposal to creditors that included a multi-billion-real capital injection by key shareholders as part …

By Laila Kearney NEW YORK (Reuters) -Oil prices settled slightly lower on Thursday after trading in a narrow range as the market weighed mixed U.S. economic signals and prospects for …

By David Shepardson WASHINGTON (Reuters) -The National Highway Traffic Safety Administration (NHTSA) said it is holding discussions with Ford Motor after the automaker halted F-150 Lightning production and deliveries following …

By Jane Lanhee Lee and Kane Wu OAKLAND, Calif./HONG KONG (Reuters) – Chip technology firm Arm China suffered a 90% drop in profit last year despite revenue rising more than …

By Devayani Sathyan BENGALURU (Reuters) – New Zealand’s central bank will scale down its tightening campaign only slightly with a half-point interest rate hike to 4.75% on Wednesday as inflation …

By Uday Sampath Kumar and Siddharth Cavale (Reuters) – Walmart Inc’s results on Tuesday will provide Wall Street with new details on what items American shoppers are buying as rising …

(This Feb. 15 story has been refiled to mention the full title of analyst as the head of FX risk advisory at Silicon Valley Bank in paragraph 5) By Gertrude …

By Erwin Seba HOUSTON (Reuters) – Exxon Mobil labor negotiators advised managers ahead of 2021 talks that they believed the company might have to lock out Texas refinery workers to …

(Reuters) – Fidelity Investments is planning to increase its headcount by 4,000 in the first half of this year, a spokesperson for the asset manager said in an emailed statement …

By Anthony Esposito and Noe Torres MEXICO CITY (Reuters) -The Bank of Mexico’s monetary tightening cycle is nearing its end and nominal interest rates could top out between 11.25% and …

DUBLIN (Reuters) – The European Central Bank still has a way to go to sustainably return inflation to its 2% target and its credibility – and ultimately its independence – …

By Andrea Shalal WASHINGTON (Reuters) – World Bank President David Malpass on Thursday told Reuters he decided to leave before his five-year contract ended because he felt work was well …

By Eva Mathews and Helen Coster (Reuters) -Paramount Global Inc will raise prices for its flagship streaming service in some markets this year, the CBS network owner said on Thursday, …

(This Feb. 15 story has been corrected to clarify that Curaleaf reduced payroll by 10% not workforce in the last paragraph) By Mrinalika Roy (Reuters) – Twitter on Wednesday became …

By Tim Hepher PARIS (Reuters) -Airbus on Thursday slowed the production ramp-up of key narrowbody models after supply disruption, but surprised investors and some suppliers by raising output ambitions for …

(Reuters) -General Motors Co said on Thursday it was seeing no signs of slowing demand for automobiles amid economic worries, adding that it expects the volatile COVID-19 situation in China …