Business News

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday called on counties, cities and states to focus their remaining COVID-19 pandemic aid funding to develop more worker training and …

(Reuters) – The Federal Reserve has not yet finished its round of interest rate hikes to reduce inflation but it is likely near, Philadelphia Fed President Patrick Harker said on …

By Jamie McGeever ORLANDO, Fla. (Reuters) -The explanation for the whoosh higher in risk assets this year may be as simple as it is surprising: eye-popping liquidity from central banks. …

(Reuters) – The U.S. central bank will need to keep gradually raising interest rates to beat inflation, Dallas Federal Reserve President Lorie Logan said on Tuesday, putting investors on notice …

By Allison Lampert (Reuters) – Aerospace companies are pushing U.S. regulators to simplify domestic rulemaking, after delays led the country’s aircraft engine makers to a European agency to meet a …

By Hilary Russ NEW YORK (Reuters) -Restaurant Brands International Inc on Tuesday named a new chief executive as it accelerates a turnaround plan for its struggling Burger King brand. The …

SHANGHAI/PARIS (Reuters) – LVMH’s top fashion brand Louis Vuitton is expected to increase prices in China by as much as 20%, as luxury labels bank on a strong rebound of …

By Ananya Mariam Rajesh (Reuters) -Coca-Cola Co said on Tuesday it would raise soda prices further in 2023 to combat stubbornly high costs, in sharp contrast to a halt at …

By Erwin Seba HOUSTON (Reuters) – A 10-month lockout of union workers at an Exxon Mobil refinery was undertaken to save costs and improve profits at the Beaumont, Texas, facility, …

By Mike Spector (Reuters) -The bankruptcy case filed by Johnson & Johnson’s subsidiary shouldering talc-related lawsuits will soon be dismissed unless a U.S appeals court agrees to reconsider its decision …

By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen warned county leaders on Tuesday that their residents could lose jobs and federal benefit payments if Congress allows the …

By Valerie Insinna WASHINGTON (Reuters) – Boeing Co said on Tuesday it had delivered 38 airplanes in January, a modest improvement from a year earlier, including 35 of its bestselling …

(Reuters) – Citigroup Inc is laser-focused about its “mission-critical” transformation agenda, its global head of treasury and trade solutions business said on Tuesday, as the bank undergoes a strategy refresh …

By Victoria Waldersee BERLIN (Reuters) – Ford plans to cut one in nine jobs in Europe, axing 3,800 roles in product development and administration as part of a drive to …

BERLIN (Reuters) – Real estate experts expect a further decline in new residential construction in Germany next year, according to the spring report of the German Property Federation (ZIA) presented …

By Howard Schneider WASHINGTON (Reuters) – U.S. consumers flush with the COVID pandemic aid payments that flowed from the government in 2020 and 2021 flocked to auto lots and drove …

(Reuters) -Tesla Inc workers in New York state said on Tuesday they are launching a campaign to form a union, setting the stage for the latest labor challenge for Chief …

LONDON (Reuters) -Investors turned more optimistic about the global economy in February, flocking to emerging market stocks and cutting their cash holdings to levels last seen since before the war …

BRASILIA (Reuters) – Brazilian central bank governor Roberto Campos Neto said on Tuesday the country is not at a moment when “it would be good to experiment” on monetary policy, …

NEW YORK (Reuters) – U.S. consumer prices increased from the prior month in January but met expectations, while the underlying trend showed inflation is slowing, likely keeping the Federal Reserve …

(Reuters) -The Federal Reserve is seen raising its policy rate at least twice more to the 5%-5.25% range, with financial markets retaining about even odds on Tuesday for a further …

By Oksana Kobzeva MOSCOW (Reuters) – Lost European sales could halve the export revenues of Russia’s Gazprom this year, meaning a steep reduction in tax income for the state, according …

By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) – Thyssenkrupp’s restructuring was progressing at a slow pace, its finance chief said, as the company grapples with delayed spin off and …