"business"

By Hilary Russ NEW YORK -Yum Brands Inc, parent company of fried chicken chain KFC, said it was pausing investment in Russia, a key market that helped the brand achieve …

– U.S. Federal prosecutors and securities regulators are investigating large bets that Barry Diller, Alexander von Furstenberg and David Geffen made on Activision Blizzard Inc shares in January, days before …

By Hilary Russ and Uday Sampath Kumar NEW YORK -McDonald’s, PepsiCo, Coca-Cola and Starbucks stopped sales of their best-known products in Russia on Tuesday, offering a united rebuke of the …

By Hilary Russ NEW YORK -McDonald’s Corp said on Tuesday it would temporarily close all 847 of its restaurants in Russia including its iconic Pushkin Square location, increasing pressure on …

– Apple Inc on Tuesday launched a low cost 5G iPhone SE, the cheapest of its kind, that would directly compete with rivals in the mid-range smartphone market and give …

By Danielle Kaye and Nivedita Balu NEW YORK -Apple Inc on Tuesday added 5G connectivity to its low-cost iPhone SE and iPad Air and introduced a faster chip for a …

– S&P Global on Tuesday reaffirmed its sovereign rating for the United States at ‘AA+/A-1+’, the second highest rating by the agency even as the country battles inflationary pressures. The …

By Claudia Cristoferi MILAN – The new boss of Salvatore Ferragamo aims to boost sales by revitalising its product offer, though the Italian luxury group said the war in Ukraine …

ELIZABETH, NJ – Lukoil, a Russian-based, multinational gas and energy corporation, headquartered in Moscow, but operating thousands of independently owned gas stations across America is now in the crosshairs of …

By Kantaro Komiya and Daniel Leussink TOKYO -Japan’s economic rebound was softer than initial estimates in the final quarter of 2021, revised data showed on Wednesday, as the pickup seen …

By Steve Holland and Pavel Polityuk WASHINGTON/LVIV, Ukraine – A U.S. ban on imports of Russia’s oil ratcheted up punishment for the invasion of Ukraine on Tuesday as McDonald’s and …

By Elizabeth Dilts Marshall NEW YORK – Global share markets fell on Tuesday as oil prices climbed yet further, driven by the United States banning Russian oil and other energy …

By Liz Hampton HOUSTON -With crude oil surging past $125 a barrel, oil company executives called on Tuesday for more favorable global government energy policy to help the industry resolve …

By Rachel Savage LONDON – Middle Eastern and Chinese sovereign wealth funds are likely to avoid new deals in Russia for now after its invasion of Ukraine, said the author …

By John Kemp LONDON -Recession in Europe and North America may be the inevitable price for defending freedom, resisting aggression and upholding international law in Ukraine. U.S. and European leaders …

By Peter Hobson LONDON – The global platinum market was hugely oversupplied in 2021, the World Platinum Investment Council (WPIC) said on Wednesday as it predicted another large surplus of …

By Simon Jessop and Brenna Hughes Neghaiwi LONDON/ZURICH – Investors managing $2.4 trillion are calling on Credit Suisse to take tougher climate action, including cutting its exposure to fossil fuel …

By David Shepardson WASHINGTON -Twenty-two states urged a U.S. appeals court to uphold new federal rules to reduce vehicle emissions by 28.3% through 2026, after other states and industry participants …

By Jonathan Stempel NEW YORK -A New York state judge on Tuesday said Smartmatic can pursue its $2.7 billion defamation lawsuit claiming that Fox News Network, Rudolph Giuliani and others …

By Bozorgmehr Sharafedin LONDON – The U.S. ban on Russian oil and gas imports is likely to leave more cargoes at sea with no buyers, and the European Union’s decision …

COPENHAGEN -A senior member of Russia’s ruling party has proposed nationalising foreign-owned factories that shut down operations in the country over what the Kremlin calls a special military operation in …

DULUTH, Minn. – A Duluth man has been sentenced to one year and a day in prison and ordered to pay $620,362 in restitution for evading taxes by failing to …

Damian Williams, the United States Attorney for the Southern District of New York, Matthew G. Olsen, the Assistant Attorney General for National Security, and Michael J. Driscoll, the Assistant Director-in-Charge …

Seattle – A Redmond, Washington, man who held himself out as a biotech expert was sentenced today in federal court for introducing misbranded drugs into interstate commerce, announced U.S. Attorney …

By Hyunjoo Jin, David Shepardson and Jonathan Stempel -Tesla Inc Chief Executive Elon Musk on Tuesday asked a federal judge to terminate his 2018 agreement with the top U.S. securities …