Business News

By Lisa Baertlein LOS ANGELES (Reuters) – United Parcel Service on Monday confirmed it is taking steps to reduce its workforce in regions where delivery demand has softened, a comment …

By Brendan Pierson (Reuters) – A new judge has been assigned to oversee tens of thousands of lawsuits in New Jersey federal court against Johnson & Johnson over its talc …

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged higher on Monday, rebounding from early losses, as investors weighed Russia’s plans to cut crude production and short-term demand concerns ahead of …

DETROIT (Reuters) – Ford Motor Co Chair Bill Ford said Monday the automaker’s Chief Executive, Jim Farley, has a “full court press” on to fix operational problems that caused fourth …

By Rajesh Kumar Singh CHICAGO (Reuters) -Southwest Airlines Co is working on a series of updates and upgrades to its technology to avoid a repeat of the operational disruption the …

(Reuters) – Ford Motor Co has agreed to recognize the United Auto Workers (UAW) at a new planned Michigan battery plant if a majority of workers sign cards, the automaker …

By Foo Yun Chee BRUSSELS (Reuters) -U.S. company Viasat’s $7.3 billion bid for British satellite rival Inmarsat may reduce competition in the aviation connectivity market, EU antitrust regulators warned on …

By Kate Abnett BRUSSELS (Reuters) – Denmark, Germany, the Netherlands, Estonia, Finland, Luxembourg and Latvia have warned Brussels not to rush into major changes to the European Union’s electricity market …

By Arpan Chaturvedi, Aditya Kalra and Jayshree P Upadhyay NEW DELHI (Reuters) – Adani Group sought to reassure investors on Monday, saying it had strong cashflows and its business plans …

LONDON (Reuters) – Financial firms in Britain and the European Union remained under significant pressure to comply with diverging environmental, social and governance (ESG) rules over the past six months, …

(Corrects title of Babatunde Ojo in paragraph seven) By Rachel Savage JOHANNESBURG (Reuters) -Voters in Nigeria go to the polls on Feb. 25 and international investors are cautiously hopeful that …

By Bianca Flowers (Reuters) – Big agricultural and construction equipment manufacturers in the American Midwest are on a mission to lure Silicon Valley tech workers who have been caught up …

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. companies’ earnings woes are likely to extend beyond the weak fourth quarter, as a booming labor market weighing on margins looks set …

(Reuters) – A tightening of monetary policy by the Federal Reserve results in a reduction in rent inflation albeit at a slow pace, according to a San Francisco Fed analysis …

By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s aim to bring monthly inflation down to under 4% by April seems a tough task, according to a poll of analysts by …

(Reuters) – BlackRock Investment Institute cut Japanese stocks to “underweight” on Monday, saying that a Bank of Japan (BOJ) policy change away from its “ultra-loose” monetary strategy could push global …

By Shreyashi Sanyal and Amruta Khandekar (Reuters) -European shares rose on Monday as focus turned to inflation data from the United States due later in the week, while defence stocks …

By Kylie Madry and Noe Torres MEXICO CITY (Reuters) – Mexican cement producer Cemex posted an unexpected fourth-quarter loss on Monday, logging hefty one-off charges for impairment of goodwill and …

By Blake Brittain (Reuters) – Alcon Vision LLC will pay Johnson & Johnson’s J&J Surgical Vision Inc $199 million to settle legal battles over intellectual property related to the companies’ …

By Mimosa Spencer and Manuel Ausloos PARIS (Reuters) – Airbnb is offering a night for two in the Palais Garnier opera house in Paris this summer, transforming a box in …

(Reuters) – A Batman cameo in the “The Flash” trailer, vintage Disney toons and a teaser of Matt Damon’s new movie “Air” were among the most watched ads during the …

(Reuters) – Zambia’s finance minister criticised the prolonged nature of the country’s debt restructuring talks, the Financial Times reported on Monday, after a Chinese call for the World Bank and …

By Jörn Poltz MUNICH (Reuters) -Wirecard’s former boss on Monday denied all wrongdoing over the collapse of the payments company as he took to the stand for the first time …

NEW YORK (Reuters) – Ukrainian President Volodymyr Zelenskiy met with bankers from JPMorgan Chase & Co last week to get their advice on rebuilding the country and weathering the financial …

(Reuters) -Cloud communications company Twilio Inc said on Monday it was eliminating about 17% roles and closing some offices as part of a restructuring effort to focus on profitability. Technology …