MIsc. News

(Reuters) -Ford Motor said on Wednesday it expects to record a pretax remeasurement loss of about $1.7 billion, related to its employees pension and other post-retirement benefits, in its fourth-quarter …

FRANKFURT (Reuters) – European Central Bank chief Christine Lagarde played down the significance of a survey in which a majority of ECB employees said she was not the right person …

By Saikeerthi . (Reuters) -Dow on Thursday forecast sequentially flat sales for the current quarter after reporting a 10.4% drop for the fourth quarter, as persistently weak demand plagues the …

(Reuters) -China Evergrande said on Thursday one of its units had entered a deal to sell its entire stake in Shantou Hengmeng Property Development for 137.6 million yuan ($19.20 million). …

(Reuters) -The European Central Bank left interest rates unchanged on Thursday and gave no hint of a possible reduction, reaffirming instead its commitment to fighting inflation. The bank reiterated its …

LONDON (Reuters) – Major central banks have likely come to the end of what has been the most aggressive tightening cycle in decades, but some are pushing back against market …

By Kopano Gumbi, Nellie Peyton and Bhargav Acharya PRETORIA (Reuters) -South Africa’s central bank maintained its key lending rate as economists expected on Thursday, saying it did not yet see …

ROME (Reuters) -Italy’s government said on Thursday it would introduce a new welfare subsidy for the low-income elderly as part of a broader plan worth more than 1 billion euros …

By Ryan Woo and Eduardo Baptista BEIJING (Reuters) -A delegation of about 200 Japanese business leaders and CEOs returned to China this week in their first visit since 2019 as …

By Joseph White BROWNSTOWN, Michigan (Reuters) – General Motors and Honda have begun shipping fuel cell power systems to customers from a factory near Detroit, they said on Thursday, a …

By Max A. Cherney (Reuters) – The cloud computing arm of Alphabet Inc said on Thursday it had formed a partnership with startup Hugging Face to ease artificial intelligence (AI) …

WASHINGTON (Reuters) – Orders for long-lasting U.S. manufactured goods were unexpectedly unchanged in December amid a slump in transportation equipment, but demand elsewhere held up. The Commerce Department’s Census Bureau …

By Vidya Ranganathan and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Dylan Run, a Shanghai-based finance sector executive, started moving a bit of his money into cryptocurrencies in early 2023, when …

OTTAWA (Reuters) – Canadian factory sales most likely fell 0.6% in December from November, largely due to decreases in the transportation equipment and chemical product subsectors, Statistics Canada said in …

(Reuters) -Self-driving technology firm Mobileye Global more than doubled its profit in the fourth quarter on the back of higher margins, offering some respite to investors worried about the supply …

FRANKFURT (Reuters) – The European Central Bank left its key interest rate at a record-high 4% on Thursday and noted underlying inflation had continued to fall, also thanks to high …

MILAN (Reuters) -Adidas shares rose by 5% on Thursday with traders citing good news from a call with analysts ahead of the German sportswear maker’s full-year results due in March. …

(Reuters) – McCormick on Thursday forecast its annual sales and profit below Wall Street estimates, hit by lower sales volumes as consumers traded down to cheaper private label alternatives for …

By Yelin Mo and Brenda Goh BEIJING (Reuters) -Apple’s smartphone shipments in China shrank 2.1% in the final quarter of 2023 from the same year-ago period, hurt by intensifying competition …

BERLIN (Reuters) – Germany’s support for a law requiring firms in the European Union to take action if they find their supply chains in violation of human rights has become …

By Joanna Plucinska LONDON (Reuters) – The airline industry will have to put quality at the forefront and refocus in the wake of an incident where a cabin panel blew …