By Reshma Rockie George (Reuters) – J.P.Morgan on Thursday said supply chain disruptions from a potential United Auto Workers (UAW) union strike would cut new vehicle production, drive up used car prices…
By Rocky Swift TOKYO (Reuters) – Japanese firms see inflation and the chance of worldwide recession as the primary risks they face in fiscal 2023, a Reuters monthly poll showed. Inflation in…
By Mike Dolan LONDON – If you were hoping this was all a bad dream, take a deep breath. Many investors craving some return to “normal” from the wild economic and market…
CHICAGO – General Electric Co Chief Executive Larry Culp said the company is not expected to fully offset soaring costs this year despite price increases. The comments came after the Boston-based industrial…
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 analysts call…