Business News

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar slid on Thursday in choppy trading, as a slew of data continued to show that the U.S. economy was slowing down …

By Daniel Wiessner (Reuters) -A U.S. labor board official is seeking a rare order requiring Starbucks Corp to collectively bargain with workers at a Florida store, even after they voted …

By Howard Schneider, Ann Saphir and Bianca Flowers WASHINGTON (Reuters) – Evidence in favor of a “soft landing” for the U.S. economy, in which inflation declines without major job losses, …

By Chibuike Oguh NEW YORK (Reuters) – Private equity firm KKR & Co Inc has blocked investors from cashing out of its $1.6 billion non-traded real estate income trust (REIT) …

By Joanna Plucinska and Conor Humphries DUBLIN (Reuters) – Greener fuel is the only way airlines will meet strict global carbon emission targets, executives meeting in Dublin this week agreed, …

(Reuters) – Brazil’s government does not intend to make changes to the country’s central bank, Institutional Relations Minister Alexandre Padilha said on Thursday, seeking to appease markets after leftist President …

By Kylie Madry MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador defended his plan to move all cargo flights from the capital’s principal airport to a new site …

By Deisy Buitrago CARACAS (Reuters) – Venezuela’s opposition national assembly on Thursday named the commission members who will manage most of the country’s assets abroad, moving ahead with a promise …

(Reuters) – Ukraine’s foreign minister said on Thursday it was time to review the $60 per barrel price cap imposed on Russian seaborne oil, on the grounds that the current …

(Reuters) – Bankrupt crypto exchange FTX is looking into the possibility of reviving its business, Chief Executive Officer John Ray told the Wall Street Journal on Thursday. Ray, who took …

By Jonathan Stempel NEW YORK (Reuters) – A federal appeals court on Thursday appeared skeptical of throwing out Michael Avenatti’s conviction for extorting Nike Inc, as the fallen celebrity lawyer …

By Jamie McGeever ORLANDO, Fla. (Reuters) – If the Federal Reserve is to ease U.S. monetary policy this year, it may be a backdoor loosening around its quantitative tightening channel …

By Lananh Nguyen DAVOS, Switzerland (Reuters) – Goldman Sachs Group Inc.’s Chief Executive David Solomon expressed serious concern on Thursday that a political standoff over the U.S. debt ceiling could …

By Jamie McGeever ORLANDO, Fla. (Reuters) – If the Federal Reserve is to ease U.S. monetary policy this year, it may be a backdoor loosening around its quantitative tightening channel …

( (This story has been corrected to change the source in the second paragraph to regional union CIG, not the company)) MADRID (Reuters) – Trade unions are asking Zara owner Inditex …

By Ankika Biswas, Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares recorded their worst single-day selloff of the year on Thursday, as disappointing earnings reports, weak U.S. economic data …

By Kathryn Lurie DAVOS, Switzerland (Reuters) – All eyes were on Greta Thunberg on Thursday as she called on the global energy industry and its financiers to end all fossil …

LONDON (Reuters) -British supermarket chains Asda and Morrisons have settled a multi-million pound lawsuit against Mastercard over fees charged to retailers. The two companies reached an agreement with the global …

PARIS (Reuters) – A deal between French carmaker Renault and Japanese partner Nissan could be announced as early as Feb. 1 as months of negotiations on how to reshape their …

By Brenda Goh DAVOS, Switzerland (Reuters) – Travel website operator Trip.com Group Ltd is working with airlines and airports to encourage recovery in China’s cross-border travel capacity and hopes levels …

(Reuters) -Kushner Companies on Thursday denied informing Veris Residential Inc it was not interested in pursuing an acquisition of the multifamily rental property developer. Real estate investment trust (REIT) Veris …

By Paul Sandle and John Revill LONDON/ZURICH (Reuters) – Burberry said it was optimistic consumers in China would start spending again and Richemont saw a rebound there before the holiday, …

(Reuters) -WeWork Inc plans to eliminate about 300 roles across countries, the flexible workspace provider said on Thursday, as part of efforts to cut back on underperforming locations. The company’s …

(This Jan. 18 story has been corrected in the first and the fifth paragraph to show that Richemont did not give a projection for its performance) By Paul Sandle and …

(Reuters) – JPMorgan Chase & Co has set aside at least $10 billion to back its foray into the world of direct lending, a person with knowledge of the matter …