Mainly Cloudy 33°. Wind Chill: 24°. Wind: W 9 mph.
Trending: Boeing deal with Spirit Aero could close as early as Monday, notice says
HomeNewsNationalBusiness ( Page 17)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

JetBlue resumes operations after Airbus software modifications, flags capacity impact

Dec 2 (Reuters) - Low-cost U.S. carrier JetBlue Airways said on Tuesday it had completed the required software updates on its A320 and A321 fleet, in relation to Airbus' recall of the same last week, and had resumed normal operations. JetBlue joins dozens of airlines ...
by

Amazon cuts seller fees in Europe in Shein, Temu price war

By Helen Reid LONDON, Dec 2 (Reuters) - Amazon is cutting the fees it charges sellers in Europe as it responds to competition from marketplaces like Shein and Temu that sell clothes, homeware and gadgets at rock-bottom prices. The move, which Amazon said in a statement ...
by

Taiwan charges Tokyo Electron unit in TSMC trade secrets case

TAIPEI, Dec 2 (Reuters) - Taiwan prosecutors said on Tuesday they had charged Tokyo Electron's Taiwan unit with violating the National Security Act and the Trade Secrets Act after a former employee was indicted for stealing trade secrets from chipmaker TSMC. The unit could face ...
by

Chinese autonomous driving firm Momenta files for Hong Kong IPO, sources say

Dec 2 (Reuters) - Chinese autonomous driving developer Momenta has confidentially filed for a Hong Kong initial public offering, two people with knowledge of the matter said. Momenta is joining a growing list of Chinese companies aiming to debut in the Asian financial hub, after ...
by

Factbox-Major brokerages boost bets on December Fed rate cut ahead of policy meeting

Dec 2 (Reuters) - BofA Global Research became the latest brokerage to forecast an interest rate cut by the U.S. Federal Reserve in December, as dovish signals from key voting members and weakness in labor market conditions ramped up hopes of lower borrowing costs. The ...
by

Prada completes Versace takeover after long courtship

MILAN, Dec 2 (Reuters) - Prada said on Tuesday it had completed the acquisition of smaller Italian rival Versace, a brand the luxury group said it had long coveted. Prada signed a definitive agreement in April to buy Versace from U.S.-based Capri Holdings for about ...
https://www.menards.com/main/home.html
by

Tariffs, AI boom could test global growth’s resilience, OECD says

By Leigh Thomas PARIS, Dec 2 (Reuters) - Global growth is holding up better than expected as an artificial intelligence investment boom helps offset some of the shock from U.S. tariff hikes, the OECD said on Tuesday, nudging up its outlook for some major economies. The ...
by

Resilient in face of Trump tariffs, world economy is forecast to grow 3.2% this year, OECD says

WASHINGTON (AP) - The world economy has proven surprisingly durable in the face of President Donald Trump's trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and U.S. economic growth this year. The 38-country OECD now forecasts that ...
by

Louis Vuitton head Pietro Beccari to become CEO of LVMH’s fashion division

Dec 2 (Reuters) - Louis Vuitton CEO Pietro Beccari has been appointed as the chief executive of LVMH's fashion division, the French luxury giant said on Tuesday. Beccari will combine his new responsibilities with those at Louis Vuitton from January 1, the group said in ...
by

US investor Saba Capital blocks merger of Baillie Gifford-managed trusts in London

Dec 2 (Reuters) - U.S. activist investor Saba Capital has blocked a proposed merger of two London-listed Baillie Gifford-managed investment trusts, the firms said on Tuesday, derailing a deal that would have offered shareholders a 40% cash exit to net asset value. Baillie Gifford US ...
by

Exclusive-Exxon Mobil approached Iraq about buying Lukoil’s West Qurna oilfield stake, sources say

Dec 2 (Reuters) - Exxon Mobil has approached the Iraqi oil ministry to express its interest in buying Russian firm Lukoil's majority stake in the giant West Qurna 2 oilfield, five Iraqi official sources with direct knowledge of the matter told Reuters. Exxon declined ...
by

Exclusive-Exxon in talks with Iraq about buying Lukoil stake in giant West Qurna 2 oil field –  sources

By Ahmed Rasheed BAGHDAD, Dec 2 (Reuters) - Exxon Mobil has approached the Iraqi oil ministry to express its interest in buying Russian firm Lukoil's majority stake in the giant West Qurna 2 oilfield, five Iraqi official sources with direct knowledge of the matter told ...
First Previous131415161718192021Next Last