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MEXICO CITY -Mexican bottler and retailer Femsa posted a 12.7% decrease in first-quarter net profit Monday, tallying 3.99 billion pesos ($200 million) as it was hurt by the depreciation of …

By Gertrude Chavez-Dreyfuss and Davide Barbuscia NEW YORK – The Federal Reserve’s well-telegraphed plan to hike interest rates by half a percentage point on Wednesday and start reducing its balance …

(Reuters) – Analysts at J.P. Morgan downgraded Thailand’s equities rating on Monday, citing the slow pace of recovery in the tourism industry due to rising inflation and a surge in …

By Foo Yun Chee BRUSSELS -Apple <AAPL.O> faces a possible hefty fine and may have to open its mobile payment system to competitors after EU antitrust regulators charged the iPhone …

BERLIN -Volkswagen’s premium brands Audi and Porsche will join Formula One after convincing the German automaking group that the move will bring in more money than it will cost, VW …

By Yuka Obayashi TOKYO -Japanese trading house Mitsui & Co Ltd reported a record full-year profit on Monday as soaring metals and energy prices offset a loss from its liquefied …

(Reuters) -G-III Apparel Group Ltd said on Monday it has agreed to acquire the remaining 81% stake in Karl Lagerfeld for $210 million in cash, becoming the sole owner of …

BERLIN – Senegal, South Africa, India and Indonesia will be invited as guest countries to attend the G7 summit hosted by Germany in June , a German government spokesperson said …

(Reuters) -Goldman Sachs Group Inc reduced its total credit exposure to Russia to $260 million in March from $650 million at the end of 2021, the bank said in a …

By Ann Saphir and Lindsay Dunsmuir (Reuters) – In mid-April, months into an increasingly frustrating house hunt, Harsh Grewal and his wife settled on a place in a San Francisco …

By Tom Polansek and Sybille de La Hamaide CHICAGO/PARIS – Organic and free-range chickens have been thrown into lockdown. Egg-laying hens that normally have access to the outdoors can no …

By Jonathan Stempel and Carolina Mandl OMAHA, Neb. – Berkshire Hathaway Inc shareholders face a question that Warren Buffett sought to tackle at the company’s annual meeting: How will Berkshire …

By Foo Yun Chee BRUSSELS – Alphabet unit Google on Monday urged Europe’s second-highest court to dismiss a 1.49-billion-euro ($1.6 billion) fine imposed by EU antitrust regulators three years ago …

By Sonali Paul MELBOURNE -Mike Cannon-Brookes, a tech billionaire and climate activist, said he has gained an 11.28% interest in Australia’s AGL Energy, a move that follows the company’s rejection …

(Reuters) -Some big beasts of the central banking world take centre stage over the coming week, with the U.S. Federal Reserve, the Bank of England and the Reserve Bank of …

COPENHAGEN -Wind turbine maker Vestas posted a deep first-quarter loss and slashed its 2022 margin forecast due to the war in Ukraine and writedowns in its offshore business, reflecting an …

By Jamie Freed SYDNEY -Qantas Airways will fly non-stop from Sydney to London after ordering a dozen special Airbus jets, charging higher fares in a multi-billion dollar bet that fliers …

LONDON – Euro zone manufacturing output growth stalled last month as factories struggled to source raw materials while demand took a knock from steep price increases and fears about the …

BERLIN – The number of German companies fearing for their survival has fallen significantly, despite the economic risks posed by the war in Ukraine, a survey showed on Monday. The …

BERLIN – Supply disruption and weaker demand weighed on German manufacturing activity in April as the war in Ukraine and COVID-19 lockdowns in China worsened the outlook for goods producers …

ZURICH – Switzerland’s manufacturing Purchasing Managers Index (PMI) continued its downward trend in April, data released on Monday showed, as prices continued to rise on a broad scale. The consumer …

A look at the day ahead from Danilo Masoni. A sharply lower close on Wall Street on Friday will set the tone across Europe this morning, as a busy week …

(Reuters) – MGM Resorts International on Monday offered to acquire Swedish online gaming company LeoVegas AB for about $607 million, paving the way for the U.S. casino operator to expand …