Business News

By Sheila Dang (Reuters) -Meta Platforms’ Oversight Board announced Tuesday it will review more types of content moderation cases and expedite some decisions, as it aims to expand its work. …

By Praveen Menon and Savyata Mishra (Reuters) -Rising interest rates helped Commonwealth Bank of Australia deliver record profits on Wednesday, but shares of the lender dropped on headwinds facing its …

TAIPEI (Reuters) – Shares in Taiwan’s TSMC opened 3.3% lower on Wednesday after Warren Buffett’s Berkshire Hathaway Inc slashed its stake in the chipmaker. Berkshire cut its position in Taiwan …

By Andrea Shalal, Steve Holland and Lindsay Dunsmuir (Reuters) -President Joe Biden on Tuesday picked Federal Reserve Vice Chair Lael Brainard and White House economist Jared Bernstein as his top …

(Reuters) – Ford Motor Co said on Tuesday it had stopped production and shipments of its F-150 Lightning electric pickup after discovering a potential battery issue during pre-delivery checks. “We …

MEXICO CITY (Reuters) -Mexican telecommunications giant America Movil reported on Tuesday a 90% drop in its fourth-quarter net profit from the same period a year earlier, mainly due to the deconsolidation …

By Simon Jessop LONDON (Reuters) – Almost half of the companies most reliant on the commodities responsible for deforestation, and the financial firms that back them, have no policy to …

By Andrew Goudsward (Reuters) – Law firm Covington & Burling fired back at a lawsuit from the U.S. Securities and Exchange Commission on Tuesday, arguing the agency overstepped by asking …

By Jane Lanhee Lee OAKLAND, Calif. (Reuters) -Sandbox AQ, a startup spun off from Alphabet Inc last year, said on Tuesday it raised $500 million as it helps customers prepare …

By Johann M Cherian and Noel Randewich (Reuters) – Wall Street stocks ended mixed on Tuesday after U.S. consumer price data for January offered little to change expectations about the …

By Priyamvada C (Reuters) -Marriott International Inc said on Tuesday it expects an over 30% rise in its 2023 revenue per available room (RevPAR), a key measure for a hotel’s …

By Sinéad Carew (Reuters) – The S&P 500 ended Tuesday’s volatile session slightly lower while the dollar was barely higher on Tuesday after data showed U.S. consumer inflation stayed sticky …

(Reuters) -Airbnb Inc on Tuesday forecast current-quarter revenue above market estimates on resilient travel demand and said it would keep a tight lid on costs to protect margins, sending its …

(Reuters) – Nu Holdings Ltd reported a surge in fourth-quarter gross profit on Tuesday, as customers flocked to the core lending products offered by the Warren Buffett-backed digital banking firm. …

(Reuters) – Social media platform Reddit Inc is looking to go public later this year, likely in the second half, the Information reported on Tuesday, citing people familiar with the …

By Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden on Tuesday said he would nominate trusted confidante and long-time economic adviser Jared Bernstein to head the White House Council of …

By Tim Hepher PARIS (Reuters) – Airbus will start delivering narrow-body A320neo-family jets to Air India at the end of this year as part of a 250-plane order, the aircraft …

(Reuters) – Neiman Marcus Group said on Tuesday it would lay off about 5% of its workforce, or around 500 employees, as the luxury department store chain looks to cut …

BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Tuesday that the National Monetary Council, the government’s top economic policy body, will not discuss changing inflation targets at its …

By Aditi Shah and Tim Hepher BENGALURU/PARIS (Reuters) -Air India unveiled deals on Tuesday for a record 470 jets from Airbus and Boeing, accelerating the rebirth of a national emblem …

By David Lawder WASHINGTON (Reuters) -The International Monetary Fund’s strategy director on Tuesday said the goal of a new sovereign debt panel of creditors and borrowers due to meet on …

By Shariq Khan BENGALURU (Reuters) -Oil prices settled 1% lower on Tuesday as traders worried about mounting supplies, and prices extended losses in post-settlement trading after sources said data from …

By Marie Mannes STOCKHOLM (Reuters) -Scandinavian airline SAS said it was hit by a cyber attack Tuesday evening and urged customers to refrain from using its app but later said …

By Howard Schneider and Andrea Shalal WASHINGTON (Reuters) -In nearly a decade at the Federal Reserve, Lael Brainard argued for stricter financial regulations, traveled deeply in less-advantaged communities to explore …