"business"

– U.S. bond funds posted large outflows in the week to March 9 on investor fears that surging oil prices would push up already-high U.S. inflation. U.S. investors pulled a …

GREENEVILLE, Tenn. – Following a six-day trial in United States District Court at Greeneville, a jury convicted Charles Elsea, Jr., 44, a longtime inmate of the Tennessee Department of Corrections, …

FRANKFURT – Luxury carmaker Mercedes-Benz AG on Friday firmed up plans to build a battery recycling pilot plant in Germany, part of a trend in which carmakers are trying to …

NEW YORK – The U.S. Securities and Exchange Commission rejected proposals to list and trade shares of spot bitcoin exchange-traded funds (ETFs) NYDIG Bitcoin ETF https://www.sec.gov/rules/sro/nysearca/2022/34-94395.pdf and Global X Bitcoin …

-Russia’s government on Friday proposed a raft of measures, including some for suppliers of state-owned companies and its IT sector, as it seeks to weather the impact of Western sanctions …

By Howard Schneider, Balazs Koranyi and Leika Kihara -The Russian attack on Ukraine may slow global growth and raise new economic risks, but top central banks are keeping their focus …

– The Russian franchisee of global pizza chain Domino’s has suspended royalty payments from its restaurants in Russia and will limit further investment in the country following Moscow’s invasion of …

By David Milliken LONDON – The Bank of England looks set to lift interest rates to 0.75% on Thursday, its third rate rise in a row as it seeks to …

By David Shepardson WASHINGTON – U.S. regulators on Thursday issued final rules eliminating the need for automated vehicle manufacturers to equip fully autonomous vehicles with manual driving controls to meet …

By Siddarth S and Nivedita Balu – Apple Inc’s low-cost 5G model should enhance the iPhone maker’s appeal in Asia where it is in a stiff battle with multiple rivals …

ZURICH – Nestle has stopped exporting and importing non-essential food items such as Nespresso coffee or S.Pellegrino water from and to Russia, a spokesperson told Reuters on Friday. The Swiss …

WASHINGTON – The Internal Revenue Service plans to launch job fairs and other efforts to hire 10,000 new employees over the next several months to help clear millions of unprocessed …

By Eric M. Johnson, Francesca Landini and Tim Hepher -Boeing Co is yet to see any respite from a freeze in deliveries of its 787 Dreamliner – but that has …

-Flexible workspace provider WeWork Inc said it expects 2022 revenue to jump at least 30% amid demand for office space from companies switching to a hybrid model of work. The …

– Prosecutors have asked a Russian court to designate Facebook’s parent organisation Meta Platforms as an “extremist organisation,” Interfax reported on Friday. The state prosecutor also asked Russia’s communications watchdog …

-Russia is working on sourcing spare parts for aircraft from China and other Asian countries, the transport ministry said on Friday, and has not yet decided whether to buy foreign …

By Leah Douglas – U.S. ethanol producers are betting heavily on carbon capture and storage (CCS) technology to lower their greenhouse gas emissions and secure a place for the corn-based …

MILAN – Stellantis should be able to catch up with electric vehicle pioneer Tesla in the coming years, its chief executive Carlos Tavares said on Friday, adding that competition would …

SHANGHAI -Shares in Yum China and four other Chinese companies tumbled on Friday after they were ensnared in an auditing dispute between Beijing and Washington, though China’s securities regulator said …

ZURICH – A Swiss court has rejected an Arab businessman’s appeal seeking to block Japanese prosecutors from getting bank account details for their investigation of fugitive former car executive Carlos …

By Francesca Landini MILAN – Italian aerospace and defence group Leonardo believes Russia’s invasion of Ukraine will accelerate plans to create European common defence capabilities and expects to see higher …

SHANGHAI – China’s securities regulator on Friday published draft rules on how fines for securities fraud offenses will be prioritised to compensate investors in civil cases, part of a broader …

By David Lawder WASHINGTON – Philadelphia is plugging a massive budget hole opened by COVID-19, avoiding layoffs and the closing of swimming pools. St. Louis is handing out $500 checks …

By Manas Mishra – The Russian invasion of Ukraine has left drugmakers scrambling to find ways for patients enrolled in clinical trials there to receive their medicines as millions seek …

By Satoshi Sugiyama TOKYO – Toyota Motor Corp will scale back domestic production by up to 20% during the months of April, May and June, it said on Friday, to …