Business News

By Stephen Culp (Reuters) – A look at the day ahead in Asian markets from Stephen Culp. Asian markets could be in for a bumpy ride on Tuesday after a …

(Reuters) – Morgan Stanley Chief Operating Officer Jon Pruzan will retire from the bank at the end of the month, according to a memo seen by Reuters. Formerly the finance …

SHANGHAI (Reuters) – Prospective Tesla Inc buyers in China are waiting longer for certain versions of its Model Y car, suggesting the electric-vehicle maker’s decision to cut prices is stoking …

By Aditya Kalra and Arpan Chaturvedi NEW DELHI (Reuters) – Google has filed a legal challenge in India’s Supreme Court to block a ruling by the country’s antitrust watchdog that …

By Dietrich Knauth (Reuters) – Executives of bankrupt crypto lender BlockFi Inc have repaid an investor $15 million to settle a threatened lawsuit over the company’s cratering equity value in …

By Ann Saphir and Howard Schneider SAN FRANCISCO/ATLANTA (Reuters) -Federal Reserve policymakers say fresh inflation data out later this week will help them decide whether they can slow the pace …

By Leroy Leo and Aditya Samal (Reuters) – Johnson & Johnson will look for opportunities to merge with or acquire firms that add value to its focus areas of eye …

By David Randall NEW YORK (Reuters) -World stocks rallied on Monday to their highest levels since mid-December after China reopened its borders while benchmark Treasury yields drifted lower as investors …

By David Shepardson WASHINGTON (Reuters) -General Motors said Friday it wants the U.S. Treasury to reconsider classification of GM’s electric Cadillac Lyriq to allow it to qualify for federal tax …

(Reuters) -Seattle’s public school district filed a lawsuit against Big Tech claiming that the companies were responsible for a worsening mental health crisis among students and directly affected the schools’ …

(Reuters) -Israeli drugmaker Teva Pharmaceutical Industries Ltd said there was sufficient participation from U.S. states and local authorities to move forward with its nationwide settlement agreement to resolve opioid-related claims …

By Chris Prentice NEW YORK (Reuters) -The U.S. Securities and Exchange Commission (SEC) on Monday charged former McDonald’s Corp Chief Executive Stephen Easterbrook with making false and misleading statements to …

(Reuters) – Novavax Inc said on Monday its longtime chief executive officer, Stanley Erck, would retire and be succeeded by industry veteran John Jacobs, at a time when the COVID-19 …

By John McCrank NEW YORK (Reuters) -The U.S. dollar on Monday slid to a seven-month low against the euro as traders bet recent economic data would prompt the Federal Reserve …

By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose over 1% on Monday after China’s reopened borders boosted the outlook for fuel demand and overshadowed global recession concerns. The rally …

By Rajesh Kumar Singh CHICAGO (Reuters) – New York State’s comptroller has written to Southwest Airlines Co, asking the carrier to explain how it plans to prevent an operational collapse …

By Susan Mathew and Shreyashi Sanyal (Reuters) -Brazil’s currency fell on Monday but was off its session low after supporters of former President Jair Bolsonaro stormed the capital, while Chile’s …

(Reuters) – Apple Inc’s vice president of services, Peter Stern, has informed colleagues that he is leaving the company, the Insider reported on Monday, citing a source close to the …

By Granth Vanaik (Reuters) -Lululemon Athletica Inc forecast a decline in holiday-quarter gross margins on Monday as the apparel maker discounts more and grapples with higher costs, sending its shares …

By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Aviation Administration (FAA) said Monday it is proposing a requirement that passenger and cargo aircraft in the United States have 5G C-Band-tolerant …

By David Shepardson WASHINGTON (Reuters) -The National Highway Traffic Safety Administration (NHTSA) Monday said it was in contact with Tesla about a tweet Chief Executive Elon Musk wrote about a …

(Reuters) – Mattel Inc’s Fisher-Price brand on Monday reannounced the recall of about 4.7 million “Rock ‘n Play” sleepers, following at least eight more deaths that occurred after the original …

By Deborah Mary Sophia (Reuters) -Abercrombie & Fitch Co and American Eagle Outfitters Inc raised their sales forecasts for the holiday quarter on Monday as consumers snapped up their winter …

By Elizabeth Howcroft and Carolyn Cohn LONDON (Reuters) -UK commercial property capital values decreased by 13.3% as a whole in 2022, and annual total returns were down 9.1%, according to …

By Aby Jose Koilparambil (Reuters) – British housebuilders may cut dividends to preserve cash and ride out a property downturn, as high mortgage rates make homes less affordable and economic …