(Reuters) – Ford Motor Co said on Tuesday it would raise the prices of its electric F-150 Lightning pickup as the U.S. carmaker deals with surging raw material costs. The …
Topic:
Costs
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By Wayne Cole SYDNEY – A measure of Australian business confidence rebounded in July as sales and profits held up surprisingly well in the face of rising interest rates and …
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By Leika Kihara TOKYO – Japanese bank lending rose 1.8% in July from a year earlier, accelerating from the previous month, as some companies borrowed more to meet rising raw …
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(Reuters) -Auto parts supplier Aptiv Plc on Thursday cut its full-year profit and revenue forecast, as lockdowns in China took a bite out of quarterly results, while the industry continues …
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(Reuters) – Australia’s Star Entertainment Group Ltd said on Friday its annual revenue would dip from year-ago levels, pulled down by long spells of operating restrictions, pandemic-led border closures and …
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FRANKFURT – HeidelbergCement, the world’s No.2 cement maker, on Thursday posted a 4.3% drop in second-quarter core profit, citing challenges ahead because of an unprecedented increase in energy prices. The …
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(Reuters) – Bristol Myers Squibb Co said on Wednesday it had transferred its commercial operations in Russia to a third-party distributor and incurred $39 million in related costs. The drugmaker …
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PANAMA CITY – The Panamanian government announced on Monday it will regulate the price of 72 food items following weeks of angry protests and street blockades demanding the government take …
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(Reuters) – Australian mining firms said a dearth of skilled labour hit output and warned of lower production in fiscal 2022 and 2023, while also grappling with a surge in …
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By Divya Rajagopal TORONTO – Some Canadian businesses are reconsidering their expansion plans after the central bank’s surprise full percentage point interest rate hike last week, and instead are sharpening …
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By Tetsushi Kajimoto TOKYO – Four out of five large Japanese firms are passing on higher commodity costs to customers or intend to do so, a Reuters poll found, a …
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By Daniel Leussink TOKYO – Confidence at Japanese manufacturers in July was subdued, a Reuters poll showed, reflecting pressure from a problematic chip shortage, China’s heavy pandemic response and a …
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SAO PAULO – Nubank Holdings Ltd’s announcement that Brazilian customers’ deposits will not yield interest in the first 30 days was seen by analysts as an important step toward reducing …
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By Rajesh Kumar Singh CHICAGO – Major U.S. airlines are poised to post their strongest earnings since the start of the pandemic when they report quarterly results starting on Wednesday. …
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Major City To Pay For Travel Costs When Its Employees Seek Out-Of-State Abortions Gabe Kaminsky on June 28, 2022 Cincinnati will reimburse government employees who travel to other states for …
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By Marco Aquino LIMA – Peru’s truckers and some farm groups will go on strike on Monday after failing to reach agreements with the government seeking measures to reduce the …
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NEW YORK – The second-largest U.S. bank, Bank of America, joined other top financial firms in saying on Friday it will cover travel costs for employees who need to go …
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NEW YORK – Deutsche Bank AG is updating its U.S. healthcare policy to cover travel costs for any medical procedure, including abortion, that is not offered within 100 miles of …
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(Reuters) – The Telegram messaging app, used by a wide range of Russian and Ukrainian officials during the war, only needs a small number of paid subscribers to cover its …
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(Reuters) – General Motors Co on Friday raised the price of its Hummer EV pickup truck by $6,250 as it seeks to mitigate higher commodity and shipping costs amid high …
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MILAN – Italy’s borrowing costs are unreasonably high so European Central Bank support to temper yields on the bloc’s periphery is fully justified, Italian central bank chief Ignazio Visco said …
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SYDNEY – Australian farmers’ confidence fell in the latest quarter, as rising production costs took some shine off high commodity prices and prospects of a bumper harvest, a survey showed …
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By Steven Scheer JERUSALEM – Israel’s government plans to sharply boost construction starts and expand a discount scheme aimed at restraining rapidly rising housing prices as demand continues to outstrip …
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By Leah Douglas (Reuters) – Smithfield Foods, the largest pork processor in the world, will close its Vernon, California, plant and reduce its hog herd in the West, the company …
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BANGKOK – Thai consumer confidence dropped for a fifth straight month in May, hitting a ninth-month low, due to worries over higher living costs and the impacts of Russia’s invasion …