By Leika Kihara TOKYO -The International Monetary Fund (IMF) cut Japan’s economic growth forecast on Thursday and urged policymakers to consider preparing a contingency plan …
DETROIT – Toyota Motor Corp on Wednesday cut its 2022 outlook for the U.S. auto industry’s new-car sales, citing the struggles in the supply-chain caused …
SOFIA – The Russian invasion of Ukraine and sanctions against Russia are likely to put the brakes on Bulgaria’s economic growth this year and keep …
(Reuters) – Major Russian oil refiners have told the Energy Ministry they expect to make deeper cuts to refinery runs in the coming weeks due …
COPENHAGEN – Jewellery maker Pandora said on Wednesday it had decided to leave the Responsible Jewellery Council (RJC) after the industry body failed to cut …
FRANKFURT – Daimler Truck, the world’s largest truckmaker, on Monday said it was curbing production at some of its German factories due to a shortage …
LONDON – Credit rating agency S&P Global cut its euro zone growth forecast for the year on Monday to 3.3% from 4.4% previously, saying higher …
LONDON – British pensions provider Scottish Widows will no longer invest in tobacco stocks and will cut back further on coal investments as it expands …
By Jorgelina do Rosario LONDON – JPMorgan analysts have slapped a sell, or ‘underweight’, recommendation on emerging market local currency sovereign debt due to the …
By Eric Onstad LONDON – Surging European steel prices are set to extend their gains as Russia’s invasion of Ukraine has disrupted logistics, spurred sanctions …
BEIJING – China’s state planner on Friday cut the number of sectors and industries that are off-limits to both Chinese and foreign investors on its …
By Leah Douglas, Christopher Walljasper and Karl Plume CHICAGO – Farm groups are urging the U.S. Agriculture Department to allow farmers the ability to plant …
STOCKHOLM – Volvo Cars said on Tuesday that a shortage of semi-conductors was hitting production and would likely to continue through the second quarter, forcing …
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 …
BEIJING -China will cut income tax for some small firms to 20% from 25%, the finance ministry said on Friday, as part of steps to …
By Rajesh Kumar Singh CHICAGO – General Electric Co on Thursday said its Chief Executive Larry Culp would take a 67% cut to an incentive …
By Tom Polansek CHICAGO – CF Industries Holdings is increasing fertilizer shipments to both U.S. coasts from the world’s largest nitrogen complex in Louisiana to …
– American Airlines Group Inc cut its current-quarter capacity forecast on Tuesday, as airlines grapple with high fuel prices due to the Russia-Ukraine war. (Reporting …
-Toyota Motor Corp said on Tuesday it would make additional production cuts in March due to a shortage of semiconductor chips, days after the Japanese …
By Richa Naidu and Aby Jose Koilparambil -Camel and Lucky Strike cigarette maker British American Tobacco Plc said on Friday it would exit Russia and …
– Billionaire Vadim Moshkovich, the founder and top shareholder of Russia’s Rusagro, has cut his stake in the farming conglomerate to below 50%, the London-listed …
SINGAPORE – Goldman Sachs analysts downgraded their forecasts for U.S. economic growth for this year, reckoning that spikes in oil and other commodities since Russia’s …
FRANKFURT – The European Central Bank raised its inflation projections on Thursday but cut its growth outlook as the conflict in Ukraine is likely to …
DUBLIN – Western countries could face oil prices of over $300 per barrel and the possible closure of the main Russia-Germany gas pipeline if governments …
LONDON -Moody’s cut Russia’s credit rating to Ca on Sunday, the second-lowest rung of its ratings ladder, citing central bank capital controls that are likely …
By Uditha Jayasinghe COLOMBO – Indika Prasanna Kumara ventures out every afternoon to try to find 200 litres of diesel for the Broadway Kids apparel …
By Davide Barbuscia NEW YORK – Goldman Sachs Asset Management has reduced the Russian exposure in its GQG international equity fund to about $222 million, …
By Huw Jones and Tommy Wilkes LONDON – Britain will ban Russian companies from London’s multi-billion dollar aviation and space insurance market, the latest restrictions …
HAMBURG – Europe’s largest carmaker Volkswagen on Tuesday warned of production cuts at some of its plants including the one in Wolfsburg as Ukraine-based suppliers …
SAN FRANCISCO – Luxury electric car maker Lucid Group on Monday revised down its production forecast for this year due to “extraordinary supply chain and …
MOSCOW – Russia’s finance ministry said on Saturday that the sovereign rating cut by Standard and Poor’s and a move to review the country’s rating …
LONDON – Sustainability ratings agency Standard Ethics said on Thursday it had downgraded the rating of the Russian Federation after it invaded Ukraine. Standard Ethics, …
-JPMorgan analysts downgraded Russian equities to “neutral” from “overweight” on Tuesday, after Moscow sent troops to two breakaway regions in eastern Ukraine after recognising them …
By Rajesh Kumar Singh CHICAGO – American Airlines Group Inc said on Friday it plans to further trim its summer schedule due to Boeing Co’s …
By Andrius Sytas – Lithuania’s central bank has told the country’s banks to prepare for power cuts and cyberattacks as Russia’s standoff with Ukraine risks …
By Svea Herbst-Bayliss BOSTON – Trian Fund Management, the activist investment firm run by Nelson Peltz, said in a regulatory filing on Monday it has …
DETROIT – Ford Motor Co said on Monday it will continue idling some of its assembly plants in the week of Feb. 14 due to …
– Goldman Sachs has tempered its outlook for the S&P 500 index, expecting it to stay below the 5,000 mark this year as rising inflation …
By David Shepardson WASHINGTON -Toyota Motor Corp, Ford Motor Co and General Motors Co, said Friday the disruption at the Canadian border from trucking protests …
By Jan Strupczewski BRUSSELS – Euro zone economic growth will be slower than earlier expected this year because of a new wave of COVID-19 infections, …
By Josh Smith SEOUL – The COVAX global COVID-19 vaccine-sharing programme has scaled back the number of doses allocated for North Korea, international aid organisations …
By Timothy Gardner WASHINGTON – The U.S. Army released its first climate strategy on Tuesday designed to help protect bases against damage from global warming …
Peloton co-founder and chief executive John Foley will step down as the company plans to cut thousands of jobs after slowing demand caused a significant …
The flow of natural gas through a key Russian-controlled pipeline suddenly stopped Wednesday as tensions continue to increase between Russia and the West. The Yamal-Europe …
NEW YORK – Goldman Sachs cut its GDP forecast in 2022 to 3.2% from a consensus 3.8% as U.S. growth is likely to slow abruptly …
As millions of families across the country grapple with the fact that the expanded child tax credit could lapse for months, if not permanently, those …
European natural gas prices hit an all-time high Tuesday after Russia suddenly reversed flows through a key pipeline transporting gas to Germany. The Dutch natural …
China’s government is paying social media influencers in the U.S. to promote the Beijing Olympics and distract from diplomatic boycotts over its human rights violations, …
House Democrats passed President Joe Biden’s nearly $2 trillion spending package Nov. 19 after months of high-stakes negotiations, but it faces an even rockier path …
Former New Jersey Governor Chris Christie might have just picked a fight he can’t win. Christie, addressing the Republican Jewish Coalition conference in Las Vegas …