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…
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…
– 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…
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…
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.…
– 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…
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…
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…
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…
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…
– 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…
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…
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…
– 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…
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…
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…
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…
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…
– 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…
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…
-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…
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…
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…
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…
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…