Costs

FRANKFURT – German car parts supplier Continental said on Friday it expects energy, logistics and materials cost to rise by 3.5 billion euros ($3.7 billion) this year due to COVID-19 …

SHANGHAI/HONG KONG -CATL, the world’s largest electric vehicle (EV) battery manufacturer, reported a 23.6% drop in the first quarter profit on Friday, its first fall in two years, as it …

By Jesús Aguado MADRID – Spain’s Sabadell on Thursday hit its profitability target of more than 6% earlier than expected following cost savings, lower provisions and a positive contribution from …

MADRID – Easing energy prices helped lower Spanish 12-month inflation to 8.4% in April from March’s near 40-year high, preliminary data showed on Thursday, although core inflation, which strips out …

LONDON – Borrowing costs for U.S. dollars in currency derivatives markets rose sharply on Thursday after the dollar surged to within striking distance of its highest levels in two decades. …

DALLAS, April 26, 2022 — Thanks to a new partnership with Cenergistic, four new organizations will have the technology and resources they need to optimize their energy use so they …

By Sinchita Mitra (Reuters) -WH Smith may have to raise the prices of certain products this year after the British retailer flagged higher shipping costs from the Far East, inflationary …

NEW YORK – Citigroup Chief Executive Jane Fraser said Tuesday that the bank’s policy of reimbursing employee travel to get reproductive healthcare services, including abortions, is not intended to be …

(Reuters) – Spanish industrial production prices rose at a record annual rate for the sixth straight month in March, pushed up by soaring energy costs, data from the National Statistics …

By Marcy de Luna HOUSTON – Soaring demand for U.S. liquefied natural gas (LNG) as buyers steer clear of Russian fuel is putting some long-stalled U.S. export projects back on …

By Heekyong Yang SEOUL – Hyundai Motor Co is likely to report a 4% bump in first-quarter profit thanks to a sharply weaker won boosting the value of its exports …

Breon Peace, United States Attorney for the Eastern District of New York, and Karnig Ohannessian, Deputy Assistant Secretary of the Navy (Environment & Mission Readiness), announced today that Northrop Grumman …

By Rajesh Kumar Singh CHICAGO -Major U.S. airlines are enjoying the strongest travel demand in three years, yet investors will focus on how they are mitigating mounting inflationary pressures when …

TOKYO – An advisory panel to Japanese Finance Minister Shunichi Suzuki warned on Friday of a risk of a spike in interest payments on public debt and urged efforts to …

By Padraic Halpin DUBLIN – The likely huge insurance claims related to the cancellation of aircraft leases in Russia is already leading to “horrendous” hikes in the cost of renewing …

WASHINGTON – The United States plans to keep raising the economic costs on Russian President Vladimir Putin over his invasion of Ukraine, U.S. President Joe Biden said on Wednesday, as …

FRANKFURT – The European Central Bank could cut households’ fuel bill by raising interest rates but that would weigh on industrial output and boost unemployment, the German Institute for Economic …

MADRID – Spain’s Santander on Monday said that starting during the first quarter of 2022 it would change the group’s financial reporting of segments, reallocating certain costs of the corporate …

SHANGHAI – Danish shipper Maersk said the Shanghai lockdown will severely hurt trucking services and increase transport costs, as China’s intensifying efforts to fight the spread of COVID-19 further rattles …

(Reuters) – The chief executive of Daimler Truck said electric truck costs would “forever be higher” than those using combustion engines, the Financial Times reported on Sunday, as Russia’s invasion …

– Spanish industrial production prices rose at a record annual rate for the fifth straight month in February, pushed up by soaring energy costs, data from the National Statistics Institute …

By Hilary Russ NEW YORK – Wall Street analysts have slashed their forecasts for McDonald’s Corp’s 2022 and 2023 profit, the latest sign that some Western companies stand to take …

By Kantaro Komiya, Tetsushi Kajimoto and Daniel Leussink TOKYO – As war in Ukraine drives up already high input costs, even firms with business models fine-tuned to Japan’s deflationary economy …

EXCLUSIVE: Migrants Evading Arrest Cause American Communities Near The Border To Pay Significant Costs Jennie Taer on March 15, 2022 A Texas rancher gave the Daily Caller News Foundation an …

By David Lawder DENVER – A U.S. gasoline tax cut is among the options being considered to provide relief to consumers, U.S. Treasury Secretary Janet Yellen said on Friday, adding …