Business News

By Marwa Rashad and Julia Payne LONDON (Reuters) – Top U.S. gas exporter, Freeport LNG, is expected to further extend the seven-month-long outage of its liquefied natural gas (LNG) export …

(Reuters) – Twitter Inc has mulled selling user names to bring in new revenue, the New York Times reported on Wednesday, citing sources familiar with the matter. The social media …

By Praveen Paramasivam and Aditi Shah GREATER NOIDA, India (Reuters) – BYD will launch its third passenger electric vehicle in India by the fourth quarter of this year, the Warren …

By Aditi Shah and Praveen Paramasivam GREATER NOIDA, India (Reuters) – Tata Motors plans to expand its electric car portfolio with new models and higher price points, its managing director …

By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares advanced on Wednesday, buoyed by hopes of less aggressive interest rate hikes, while insurer Direct Line fell sharply after scrapping …

By Daniel Wiessner (Reuters) – Tesla Inc has suffered another setback in its bid to challenge the powers of California’s Civil Rights Department, which is suing the electric carmaker over …

(Reuters) – Activist hedge fund Bluebell Capital Partners shows no sign of halting its run of challenging the policies and executives of some of the world’s biggest companies. The group …

By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -Bayer is facing demands from activist investor Bluebell Capital Partners to break up, a person familiar with the matter told Reuters, pushing …

NEW YORK (Reuters) – The Federal Reserve will likely hike its target interest rate for the last time at its Jan. 31-Feb. 1 monetary policy meeting, raising it by 50 …

By Arathy Somasekhar HOUSTON (Reuters) – U.S. crude stocks built unexpectedly last week, the Energy Information Administration said, as refiners were slow to restore production after a cold freeze that …

(Reuters) -Ryanair is closing its Brussels Zaventem base because of the airport’s decision to increase prices from April, it said on Wednesday. Europe’s largest budget airline said the airport’s decision …

STOCKHOLM (Reuters) -Electrolux, Europe’s biggest appliance maker, reported a fourth-quarter loss on Wednesday, citing weaker demand from both consumers and its retailers, and high costs. The Swedish group warned weak …

By Chibuike Oguh (Reuters) -Ares Management Corp said on Wednesday it raised about $5 billion for an infrastructure debt fund that invests in the debt of infrastructure assets such as …

By Nichola Groom (Reuters) -South Korean solar energy company Qcells on Wednesday said it would invest $2.5 billion to expand its manufacturing capacity in the United States, creating as many …

By Erikas Mwisi Kambale BENI, Democratic Republic of Congo (Reuters) – Bottles of beer zip along a conveyor belt in a Brasimba factory which has weathered two deadly Ebola outbreaks …

(Reuters) – Global personal computer shipments are expected to rise starting late 2023, with a new cycle of system upgrades likely to accelerate growth next year, according to research firms …

Harold Hutchison on January 10, 2023 NEW YORK, NY – In an interview with Tucker Carlson Tuesday, the owner of some of New York City’s top restaurants said New York …

By Jessica DiNapoli and Hilary Russ NEW YORK (Reuters) -Healthy Choice meal maker Conagra Brands Inc has no plans to hike prices further on its snacks and frozen foods beyond …

(This Jan. 10 story has been corrected to show the euro zone 2023 GDP forecast as flat, not 0.5% growth) By David Lawder WASHINGTON (Reuters) – The World Bank slashed …

MONTREAL (Reuters) – Air Canada, the foreign carrier with the most flights into the United States, said its transborder operations would be affected by a U.S. system outage on Wednesday, …

MEXICO CITY (Reuters) – Carmaker Audi’s Mexico unit and worker representatives have agreed to 9.4% salary raises for 2023, forestalling a strike in reaching a deal for one of the …

SAO PAULO (Reuters) – Retail sales volumes in Brazil posted in November their biggest drop in five months, government statistics agency IBGE said on Wednesday, affected by higher fuel prices …

NEW YORK (Reuters) – BNP Paribas Securities Corp, a unit of BNP Paribas, said on Wednesday it plans to open a new office in Miami in the fourth quarter of …

By Noemie Olive and Ingrid Melander PARIS (Reuters) – French unions and opposition parties on Wednesday said they would fight hard to try to derail a highly unpopular plan to …

BERLIN (Reuters) -Germany urgently needs more carbon-neutral energy at affordable prices if it is to maintain its global relevance as an industrial player, the president of German autos association VDA …