By Bianca Flowers – Cummins Inc. expects “some impact” to its business in Russia and is analyzing and preparing for current and anticipated sanctions, the U.S. truck engine maker said …
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BRUSSELS -The EU’s executive said on Sunday that Europe was facing its biggest humanitarian crisis in many years following Russia’s invasion of Ukraine, and the number of Ukrainians internally displaced …
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– Executives of miner Vale SA said on Friday that Russia’s invasion of Ukraine has led to speculation in the price of nickel, and they expect the conflict to also …
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BERLIN – Mercedes-Benz expects a headwind from higher raw material prices of around 2 points to its return on sales this year, Chief Financial Executive Harald Wilhelm said in an …
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MEXICO CITY -Economic growth in Mexico is expected to return to pre-pandemic levels by the third quarter this year, the Organisation for Economic Cooperation and Development (OECD) said on Monday. …
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– Morgan Stanley expects the U.S. Federal Reserve to raise interest rates six times this year for a total of 150 basis points, a faster increase than previously predicted, according …
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LISBON -Ryanair expects average air fares during this year’s summer peak season to be significantly higher than pre-COVID ticket prices in the same period in 2019, Group Chief Executive Michael …
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BERLIN – Finance chiefs from the Group of 20 major economies will address international financial stability at their meeting this week and reference to the issue can be expected in …
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BERLIN – German carmaker Volkswagen expects a continued hit from a shortage of semiconductors this year, although it should be able to ramp up production in the second half of …
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By Richa Naidu and Ross Kerber LONDON/BOSTON – The board of Ben & Jerry’s aims to work out a “new arrangement” for sales in Israel before the end of the …
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– CVS Health Corp said on Wednesday it expects to administer 70% to 80% fewer COVID-19 vaccines in 2022 compared with last year, adding that in-store diagnostic testing could fall …
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BERLIN – Bosch CEO Stefan Hartung expects the chip shortage to lessen significantly in the second half of this year, he said at a press conference on Thursday, adding he …
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BERLIN – Luxury carmaker Porsche AG expects another record year for sales despite the global semiconductor chip shortage, its sales chief was quoted as saying by industry magazine Automobilwoche. “When …
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– Credit Suisse economists expect a further 50 basis point (bps) cut in China’s reserve requirement ratio (RRR) in the first half of 2022, given the Asian economy is starting …
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By Arathy Somasekhar and Ruhi Soni -Dow Inc on Thursday forecast better-than-expected sales for the current quarter after fourth-quarter results beat estimates, helped by higher prices for its products as …
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BEIJING – Hainan Airlines expects to return to net profit for last year following restructuring and a pickup in domestic travel, the carrier said on Thursday. The airline expects to …
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By Paul Sandle LONDON -Britain’s easyJet said the easing of travel restrictions had spurred demand for summer beach destinations such as Greece, Turkey and Spain, giving the airline cause for …
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By Jesús Aguado MADRID -Spain’s Banco Sabadell expects to hit its 6% profitability target a year early, it said on Thursday after posting better than forecast quarterly and annual profit …
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– Harry Potter publisher Bloomsbury forecast annual profit and revenue ahead of current market expecations on Wednesday, led by strong sales at its consumer book division that sells children’s and …
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A major N95 mask manufacturer saw a rise in sales during the Omicron variant surge and expects to profit further from new guidance issued by the Centers for Disease Control …
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-Verizon Communications Inc said on Tuesday it added more wireless subscribers that pay a monthly bill than expected during the fourth quarter as the telecom operator’s rapid deployment of its …
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BERLIN – The drivers of inflation in the euro zone will subside over the course of the year and inflation will hover around the European Central Bank’s price stability target …
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Rashida Tlaib is now a Congresswoman earning $174,000 per year, gets free medical benefits, an allowance. and still hasn’t been able to pay her student debt. Tlaib said she put …
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Republican Rep. Jeff Fortenberry of Nebraska said Tuesday that he expects to be indicted over lying to the FBI about a campaign finance violation, but that the allegations are not …
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The International Monetary Fund cut its global growth forecast for 2021 on Tuesday, citing supply chain disruptions and pandemic-related health concerns. In the International Monetary Fund’s (IMF) World Economic Outlook report, released …