Mainly Cloudy 43°. Wind: E 16 mph.
Loading advertisement…
Trending: Major winter storm predicted to bring snow, ice to Midwest and Northeast
HomeNewsNationalBusiness ( Page 404)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

Trump’s latest Fed jab breeds more dismay than drama

By Kevin Buckland and Vidya Ranganathan SINGAPORE (Reuters) -Global investors were shell-shocked on Tuesday after U.S. President Donald Trump struck another blow at the Federal Reserve’s independence, caught between the concerns over politicisation of policy and the payoffs for markets. Trump’s announcement he was firing Fed ...
by

German-Norwegian team is finalist in Canadian submarine deal, Carney says

BERLIN (Reuters) -Canadian Prime Minister Mark Carney announced on Tuesday that Canada has shortlisted two contenders for its new submarine programme, with a German-Norwegian partnership among the finalists. “I look forward, along with the minister of industry, Melanie Jolie … and the minister of national ...
by

Caitlin Clark becomes a Nike signature athlete with shoe coming out next year

NEW YORK (AP) — Caitlin Clark is Nike’s newest signature athlete, expanding the athletic wear company’s partnership with the WNBA star. Nike on Monday revealed a new logo of interlocking Cs to represent the Indiana Fever player. Clark’s first signature shoe and apparel collection will ...
by

Analysts’ reaction to Trump firing Fed’s Cook

SINGAPORE (Reuters) -U.S. President Donald Trump on Monday took the unprecedented action of firing Lisa Cook, the first African-American woman to serve as a Federal Reserve governor, over claims of mortgage borrowing impropriety. The U.S. dollar softened across the board after the news. COMMENTS: TONY SYCAMORE, ...
by

Brazil judge grants injunction against soy moratorium suspension

SAO PAULO (Reuters) -A Brazilian federal judge granted an injunction on Monday temporarily suspending a decision from antitrust watchdog CADE that had ordered grain traders in the world’s largest soy exporter halt their so-called “soy moratorium” program. The two-decade-old private pact was created to protect ...
by

Oil eases after rising to two-week high on Russia-Ukraine supply concerns

By Anjana Anil (Reuters) -Oil prices edged down on Tuesday after surging nearly 2% in the previous session, as traders kept a close watch on developments in the Russia-Ukraine conflict for the potential impact on fuel supplies from the region. Brent crude futures fell 16 cents, ...
Loading advertisement…
by

Nissan shares slide 6.5% after Mercedes-Benz’s planned $346 million stake sale

TOKYO (Reuters) -Shares in struggling Japanese automaker Nissan Motor slumped 6.5% on Tuesday after its second-largest shareholder, Mercedes-Benz, said it would sell its 3.8% stake. The slide underlines investor scepticism over Nissan’s prospects for a turnaround as it battles tariffs and falling sales in its ...
by

Hyundai Motor Group increases US investment to $26 billion

SEOUL (Reuters) -South Korea’s Hyundai Motor Group said in a statement on Tuesday it is increasing U.S. investment to $26 billion from a previously planned $21 billion.  Hyundai Motor Group added that it will establish a state-of-the-art robotics facility with an annual capacity of 30,000 ...
by

Fed’s Williams says low neutral interest rate era is not over 

By Michael S. Derby (Reuters) -Federal Reserve Bank of New York President John Williams said Monday that the era of persistently low underlying interest rates does not appear to be over, based on his reading of the data. Williams, whose comments came from the text of ...
by

Fox channels may go dark on YouTube TV from Wednesday over payment dispute

(Reuters) -YouTube said on Monday it is in talks to renew a content partnership with Fox, but the media company is asking for payments above those received by partners providing comparable content. “If we are unable to reach a new agreement by 5:00 PM ET ...
by

Australian grocer Coles’ annual profit misses expectations as costs rise

(Reuters) -Australia’s Coles Group reported a lower-than-expected annual profit on Tuesday, as higher operating and financing costs alongside lower tobacco sales offset strong sales growth at its Supermarkets division. The country’s second-largest grocer reported net profit after tax attributable to shareholders of A$1.08 billion ($701.78 ...
by

Australia’s Fortescue reports smallest annual profit in 5 years on lower iron ore prices

(Reuters) -Australia’s Fortescue reported its smallest full-year profit in five years on Tuesday, largely in line with estimates, as prices of iron ore remained under pressure due to oversupply concerns and slowing China demand. Increased shipments from Australia, Brazil and South Africa, combined with reduced ...
First Previous400401402403404405406407408Next Last