Business News

By Nivedita Balu and Yuvraj Malik (Reuters) – Keen to buttress margins and appease investor concerns at a time of slowing sales growth, big U.S. technology firms are expected to …

(Reuters) – There were some encouraging signs U.S. inflation pressures and labor shortages were easing, a Federal Reserve report showed on Wednesday, but economic activity was tepid as the central …

Jan 18 (Reuters) – Producer prices in Canada fell by 1.1% in December from November on lower prices for refined petroleum energy products, as well as softwood lumber, Statistics Canada …

(Reuters) – Citigroup Inc is boosting compensation for most of its junior bankers by as much as 15%, Bloomberg News reported on Wednesday, highlighting the talent war on Wall Street …

By Michael S. Derby NEW YORK (Reuters) – Last year, the inflation data that forced the Federal Reserve to embark on a historically aggressive path of rate rises was a …

(Reuters) -Chinese fashion retailer Shein is in talks to raise up to $3 billion at a reduced valuation of $64 billion, the Financial Times reported on Wednesday, citing people with …

(Reuters) – Asian American/Pacific Islander (AAPI) households and those with lower incomes have experienced higher inflation over the past few months as a rise in the costs of food and …

BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Wednesday that the country’s minimum wage must rise in line with its economic growth, after the government approved …

By Kate Chappell KINGSTON (Reuters) – Olympic champion Usain Bolt is seeking to recover more than $12.7 million that disappeared from his account with a Jamaican investment firm and is …

By David Shepardson WASHINGTON (Reuters) – NASA said on Wednesday it awarded $425 million to Boeing Co for the agency’s “Sustainable Flight Demonstrator” project as the Biden administration works to …

By Jonathan Stempel NEW YORK (Reuters) -A U.S. government agency on Wednesday issued citations against Amazon.com Inc for failing to keep warehouse workers safe, by exposing them to ergonomic hazards …

AMSTERDAM (Reuters) – Sales at Dutch supermarkets rose 3% to 46.3 billion euros ($49.9 billion) in 2022, data published by market intelligence firm NielsenIQ showed on Wednesday, as price increases …

By Ananya Mariam Rajesh and Aatrayee Chatterjee (Reuters) -U.S. holiday sales rose by 5.3%, but fell short of estimates, as shoppers feeling the brunt of stubbornly high inflation pulled forward …

By Bansari Mayur Kamdar and Ankika Biswas (Reuters) – European shares marked their longest winning streak since November 2021 on Wednesday, lifted by upbeat earnings, while optimism over China’s economic …

By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve’s current structure, with the Washington-based Board of Governors and 12 quasi-autonomous regional banks, has “created a durable and credible public institution,” …

By Josh Ye HONG KONG (Reuters) -Chinese games publisher NetEase Inc NTES.O said on Wednesday it has rejected a proposal from Activision Blizzard Inc to extend their long-time partnership for …

By Chris Taylor NEW YORK (Reuters) – If your kid happens to be in public school in Portland, Dallas, Los Angeles or Oakland and is taking a personal finance workshop …

WASHINGTON (Reuters) – St. Louis Fed President James Bullard said Wednesday that U.S. Federal Reserve policymakers should get the policy rate of interest above 5% “as quickly as we can” …

WASHINGTON (Reuters) – U.S. business inventories increased in November as higher interest rates depressed sales, boosting the inventory-to-sales ratio to the highest level in nearly two years. Business inventories rose …

PARIS (Reuters) – Renault group sales in 2022 fell 5.9% to 2,051,174 vehicles, marking a fourth consecutive annual decline after capacity constraints and supply chain snags, the company said on …

DUBLIN (Reuters) – Ryanair is increasingly confident that it will get almost all of the Boeing 737 MAX aircraft it is due to receive in time for its peak summer …

By Diana Mandia and Dina Kartit (Reuters) – The number of nights spent in tourist accommodation in the European Union in 2022 approached pre-pandemic levels, the bloc’s statistics office Eurostat …

PARIS (Reuters) -BNP Paribas, France’s biggest listed bank, said on Wednesday that it had received all the necessary regulatory approvals to complete its previously announced sale of Bank of the …

By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) – Bayer agreed to acquire Blackford Analysis Ltd., a British developer of artificial intelligence (AI) systems that help diagnose disease from medical …

TORONTO (Reuters) – Rogers Communications Inc’s C$20 billion ($14.9 billion) acquisition of rival Shaw Communications Inc has been delayed long enough and must be allowed to proceed despite the competition …