Ford raises prices of electric F-150 pickup amid high commodity costs
(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…
(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…
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…
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…
(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…
(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…
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…
(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…
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…
(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…
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…
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…
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…
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…
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.…
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…
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…
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…
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…
(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…
(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…
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…
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…
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…
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…
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…