Business News

(Reuters) -Twitter Inc has made its first interest payment under Elon Musk after the billionaire took the social media company private last year using about $12.5 billion of debt, Bloomberg …

By Richa Naidu LONDON (Reuters) – Unilever on Monday appointed Hein Schumacher to replace Alan Jope as chief executive from July in a move that was welcomed by investors including …

By Dietrich Knauth (Reuters) – A court-ordered examiner is expected to release a report on Monday addressing whether bankrupt crypto firm Celsius Network operated as a Ponzi scheme, which could …

(Reuters) – Twitter Inc is working to introduce payments on the social media platform and has begun applying for regulatory licenses, the Financial Times reported on Monday, citing people familiar …

MEXICO CITY (Reuters) – Mexico’s economic expansion likely dipped in the final three months of last year, at a time of sluggish production activity in the United States, a Reuters …

By Jonathan Stempel NEW YORK (Reuters) – Lawyers for Sam Bankman-Fried on Saturday urged a U.S. judge not to ban the indicted FTX cryptocurrency executive from communicating with former colleagues …

By Jayshree P Upadhyay, Aditya Kalra and Aditi Shah NEW DELHI (Reuters) -India’s Adani Group issued a detailed riposte on Sunday to a Hindenburg Research report that sparked a $48 …

By Leroy Leo (Reuters) – French drugmaker Sanofi SA is reviewing operations at two of its vaccine making facilities in India and plans to let go of all employees at …

By Saeed Azhar NEW YORK (Reuters) – U.S. lender Citizens Financial Group cut back on auto lending last year and plans to further reduce its exposure to the segment as …

PRAGUE (Reuters) – Volkswagen’s Czech subsidiary Skoda Auto is cutting production this week due to chip shortages, trade unions at the carmaker said. Some shifts will be cancelled in the …

BRUSSELS (Reuters) – Europe and its partners must do more to combat the effect of Chinese subsidies for the manufacture of clean technology products, the European Commission is set to …

By Ankika Biswas and Amruta Khandekar (Reuters) – European shares slipped on Monday as hotter-than-expected inflation data from Spain added to market jitters as investors brace for a slew of …

(Reuters) – An appeals court in the United States on Monday dismissed a bankruptcy petition by Johnson & Johnson’s talc unit. (Reporting by Leroy Leo in Bengaluru; Editing by Krishna …

(Reuters) – German arms manufacturer Rheinmetall on Monday said its United States unit has won a contract for the first phase of the U.S. Army’s tactical truck programme, in cooperation …

By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) told lawmakers it had made a series of changes to prevent a repeat of a computer system outage that …

By Sam Tobin LONDON (Reuters) – Facebook on Monday asked a London tribunal to block a collective lawsuit valued at up to 3 billion pounds ($3.7 billion) over allegations the …

By Rene Wagner and Jan Schwartz BERLIN (Reuters) – Faced with a tight labour market and a shortage of workers with key software engineering skills, some German companies are looking …

DAKAR (Reuters) – The International Monetary Fund and Cameroon have reached a staff-level agreement that will give the country access to around $74.6 million once the Board formally completes the …

MADRID (Reuters) -Spain’s consumer prices rose 5.8% year-on-year in January, the first increase in six months, according to preliminary data on Monday from the National Statistics Institute (INE), which attributed …

BERLIN (Reuters) – The German economy unexpectedly shrank in the fourth quarter, data showed on Monday, a sign that Europe’s largest economy may be entering a much-predicted recession, though likely …

BRASILIA (Reuters) – Brazil’s government debt as a share of gross domestic product ended 2022 at its lowest level in more than five years, central bank data showed on Monday, …

TOMS RIVER, NJ – Shore News Network, a regional breaking news and government watchdog news website, has once again received high ratings by Newsguard, an industry leader in combatting online …

FRANKFURT (Reuters) – German conglomerate Thyssenkrupp on Monday joined peers in saying that European industry was under threat should the continent fail to come up with a scheme similar to …

(Reuters) – China’s BYD Co, the world’s biggest seller of battery electric vehicles (BEVs) and plug-in hybrids, expects its 2022 net profit to be more than five times the amount …