Business News

By David Shepardson and Aishwarya Nair (Reuters) -Ford Motor Co on Monday cut prices of its electric crossover SUV Mustang Mach-E by as much as $5,900 per vehicle, weeks after …

By Valerie Insinna and David Shepardson SEATTLE/WASHINGTON (Reuters) -Boeing Co told employees on Monday that it will add a new 737 MAX production line in Everett, Washington, in mid-2024 as …

By Lewis Krauskopf, Shreyashi Sanyal and Johann M Cherian NEW YORK (Reuters) – Major U.S. stock indexes sank on Monday, weighed down by declines in technology and other megacap shares, …

NEW YORK (Reuters) – Nike Inc sued Lululemon Athletica Inc on Monday, saying that at least four of the Canadian athletic apparel company’s footwear products infringe its patents. Nike in …

By Xinghui Kok and Chen Lin SINGAPORE, (Reuters) – Like many rich Chinese, graduate student Zayn Zhang thinks Singapore could be ideal to park his family’s wealth. He’s hoping that …

(Reuters) -Dollar General Corp’s Chief Financial Officer John Garratt would retire effective June 2, the discount store chain said on Monday, adding that it will “evaluate options” for its next …

MUMBAI (Reuters) -India’s annual pre-budget economic survey is likely to peg GDP growth at 6-6.8% for 2023-24, according to a source. The government survey is likely to say that growth …

By David Shepardson WASHINGTON (Reuters) -TikTok Chief Executive Shou Zi Chew will appear before the U.S. Energy and Commerce Committee in March, as lawmakers scrutinize the Chinese-owned video-sharing app. Chew …

By Helen Coster (Reuters) -Paramount Global on Monday said it would integrate Showtime with Paramount+ across both streaming and linear platforms later this year, rebranding the premium tier of its …

By David Shepardson WASHINGTON (Reuters) – A U.S. auto safety agency said Monday it was imposing a $130 million civil penalty on AB Volvo unit Volvo Group North America, following …

(Reuters) – U.S. home appliances maker Whirlpool Corp forecast full-year profit above Wall Street estimates on Monday, helped by cost cuts and easing raw material prices. Shares of the appliance …

By Rajesh Kumar Singh CHICAGO (Reuters) -Pilots at JetBlue Airways Corp have overwhelmingly approved a two-year contract extension, their union said on Monday. The Air Line Pilots Association (ALPA), which …

By Stephen Culp (Reuters) – A look at the day ahead in markets from Stephen Culp, New York stock market reporter. Wall Street’s downbeat start to an action-packed week has …

By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks retreated on Monday after six sessions of gains while U.S. Treasury yields rose ahead of central bank policy …

By Mimosa Spencer PARIS (Reuters) -Sabato De Sarno, newly appointed by Kering to reinvigorate its prized Gucci brand, needs to spark heat with a new direction, analysts say – a …

By Jonathan Stempel NEW YORK (Reuters) – The U.S. government on Monday urged a judge to reject Sam Bankman-Fried’s claim it went too far by insisting that the indicted founder …

(Reuters) -United Airlines Holdings Inc technicians ratified a two-year contract with the carrier that includes 16% to 23% wage increases, their union said on Monday. International Brotherhood of Teamsters, representing …

By Brendan Pierson (Reuters) -Drug manufacturers can limit healthcare providers’ use of outside pharmacies for dispensing drugs under a federal drug discount program, a federal appeals court ruled Monday. The …

By Karen Brettell NEW YORK (Reuters) – The dollar rose on Monday, a day before the Federal Reserve was due to begin a two-day policy meeting, while the euro was …

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices dipped 2% on Monday, extending losses as looming increases to interest rates by major central banks weighed on demand and Russian exports remained …

LIMA (Reuters) – The huge Chinese-owned Las Bambas copper mine in Peru, normally the supplier of 2% of the metal worldwide, could halt production this week due to protests and …

By Bart H. Meijer AMSTERDAM (Reuters) -Dutch health technology company Philips will scrap another 6,000 jobs worldwide as it tries to restore its profitability and improve the safety of its …

By Isla Binnie NEW YORK (Reuters) – An advocacy group focused on the impact of debt markets on climate change called on Monday for major bond investors to shun India’s …

SAO PAULO (Reuters) -Brazil’s Finance Minister Fernando Haddad said on Monday that the new central bank monetary policy director could be tapped from the private sector, a closely followed position …

By Chris Thomas and Aditya Kalra NEW DELHI (Reuters) – Most Adani Group shares fell sharply on Monday as the Indian conglomerate’s rebuttal of a U.S. short-seller’s criticism failed to …