Business News

By Rowena Edwards and Shadia Nasralla LONDON (Reuters) – Oil major BP plans to build a vast carbon capture project beneath the North Sea that would be crucial to Britain …

WASHINGTON (Reuters) – After U.S. Treasury Secretary Janet Yellen called China a “barrier” to debt reform in Africa this week, Chinese officials in Zambia had a pointed response – get …

By Bhanvi Satija and Manas Mishra (Reuters) – Johnson & Johnson on Tuesday said it sees the impact from high inflation carrying into 2023 and expects China’s major COVID-19 outbreak …

(Reuters) – Property and casualty insurer Travelers Companies Inc reported a 37% fall in quarterly profit on Tuesday, hurt by losses related to a winter storm that swept across the …

By Sriram Mani MUMBAI (Reuters) – Blackstone is in talks to sell around half of its stake in India’s largest real estate investment trust Embassy Office Parks to private equity …

By Liz Hampton (Reuters) – U.S. oil and gas deal-making declined by 13% last year to $58 billion compared to 2021, according to energy technology firm Enverus, with the volume …

By Jonathan Stempel (Reuters) – Serta Simmons Bedding LLC, which accounts for nearly one-fifth of U.S. bedding sales, has filed for bankruptcy protection in an effort to eliminate most of …

By Ross Kerber (Reuters) – Shareholder resolutions filed by New York City’s top pension official will ask top Wall Street banks including JPMorgan Chase & Co and Bank of America …

By Siddharth Cavale (Reuters) – Walmart Inc on Tuesday said it will raise average hourly wages for its U.S. store workers starting next month, as it seeks to attract and …

By Tom Wilson and Angus Berwick LONDON (Reuters) -Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by U.S. authorities …

By Brendan O’Boyle and Gabriel Araujo MEXICO CITY (Reuters) -Mexico’s headline inflation accelerated and exceeded expectations in early January, data from the national statistics agency showed on Tuesday, marking the …

By Devjyot Ghoshal and Uditha Jayasinghe NEW DELHI/COLOMBO (Reuters) -The Export-Import Bank of China has offered Sri Lanka a two-year moratorium on its debt and said it would support the …

By Valerie Insinna and David Shepardson WASHINGTON (Reuters) – As Boeing battles disruption in its supply chains, investors will be looking for the largest U.S. planemaker to satisfy questions about …

By Akash Sriram (Reuters) – Tesla Inc on Wednesday is expected to report the slowest sales growth in 10 quarters on underwhelming deliveries, days after its move to stir demand …

By Sruthi Shankar (Reuters) -European stocks reversed early gains on Tuesday as better-than-expected business activity data in the euro zone failed to excite investors worried about further interest rate hikes …

ZURICH (Reuters) – Swiss National Bank Vice Chairman Martin Schlegel said on Tuesday it was too early to sound the ‘all-clear’ on inflation in Switzerland, despite an expected decline in …

By Elisa Anzolin VENICE, Italy (Reuters) – Italian fashion group Prada is hiring former Luxottica chief Andrea Guerra to smooth the transition to the next generation of the family, Lorenzo …

By Arunima Kumar and Liz Hampton (Reuters) -U.S. oilfield services firm Halliburton Co on Tuesday topped Wall Street profit estimates for its fourth quarter and said its shale oil-well fracking …

TOKYO (Reuters) -Honda Motor Co said on Tuesday it would create a new division in a bid to strengthen and speed up its electrification business as part of an overhaul …

(Reuters) -Eli Lilly and Co plans to invest an additional $450 million to expand capacity of a plant in North Carolina, the U.S. drugmaker said on Tuesday, as it races …

By David Shepardson WASHINGTON (Reuters) – Automaker Stellantis’ U.S. unit said on Tuesday it was recalling 76,000 plug-in hybrid electric minivans because of a short circuit issue that could cause …

By Rajesh Kumar Singh and Abhijith Ganapavaram CHICAGO (Reuters) – General Electric Co on Tuesday exceeded expectations for quarterly earnings on robust demand for jet engines and power equipment, but …

By Aishwarya Nair (Reuters) – 3M Co said on Tuesday it would cut 2,500 manufacturing jobs and forecast a gloomy first-quarter as the U.S. industrial conglomerate struggles with slowing demand …

by Fran Kirschner Not many businesses can say this! Campi Dental announced the 90th anniversary of its family-owned, fourth-generation dental practice in Wall Township, N.J., led by third-generation partners John …

LONDON (Reuters) – Revenue at Europe’s largest companies is expected to have risen by just 0.9% in the fourth quarter, Refinitiv I/B/E/S data showed on Tuesday, down from 27.4% in …