Result Page 322 for Latest Business News & Archive

A man wearing a protective mask amid the coronavirus disease (COVID-19) outbreak, looks at a board displaying the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo, Japan June 16, 2022.

Stocks Climb For Fourth Straight Session, Dollar Edges Higher As Earnings, ECB Eyed

A gauge of global stocks was higher for a fourth straight day in choppy trading on Wednesday as investors assessed the early stages of the U.S.

Euro Slips From 2-week Highs As Mood Turns Sour

U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022.

The euro slipped from two-week highs on Wednesday, as investors braced for a crucial European Central Bank policy meeting on Thursday after policymakers floated the prospects of a 50 bps interest rate hike.

Dollar Loses Steam, Euro On Front Foot As ECB Meeting Looms

The U.S. dollar retreated further on Wednesday as the euro extended its overnight bounce on relief Europe might avoid the worst fears concerning energy shortages, and on the chance the European Central Bank may deliver a more aggressive rate hike.

Dollar Loses Steam, Euro Heaves Sigh Of Relief Ahead Of ECB

The U.S. dollar retreated on Wednesday as the euro extended its overnight bounce on relief Europe might be able to avoid the worst fears concerning energy shortages, and on the chance the European Central Bank may deliver a more aggressive rate hike.

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Crude oil storage tanks are seen at the Kinder Morgan terminal in Sherwood Park, near Edmonton, Alberta, Canada November 14, 2016. Picture taken November 14, 2016.

Oil Falls On Lackluster U.S. Summer Gasoline Demand

Oil prices slipped on Wednesday, after U.S. government data showed lower gasoline demand during the peak summer driving season and as interest rate hikes by central banks to fight inflation fed fears the economy could slow, cutting energy demand.

An Amnesty International photo shows a Christian church destroyed after being burned down by the Myanmar military, according to the rights group, in Daw Ngay Ku village in Hparuso township, in eastern Myanmar's Kayah state

Myanmar Military Landmine Use Amounts To War Crimes: Amnesty

Myanmar military landmine use amounts to war crimes: Amnesty

Daily Harvest Says Tara Flour Likely Cause Of Lentil + Leek Crumbles Recall

Tara flour in French Lentil & Leek Crumbles is what had caused so many people to become sick.

GlobalFoundries CEO: New York Chip Factory Likely Delayed If U.S. Subsidy Bill Fails

A planned semiconductor factory in upstate New York will likely be delayed if a bill to bolster the U.S. computer chip industry fails to pass in the coming weeks, the chief executive of GlobalFoundries said Tuesday.

Netflix loses subscribers in two consecutive quarters

Netflix Subscriber Numbers Drop Two Quarters In A Row

Netflix subscriber numbers drop two quarters in a row

Elon Musk initially sought to buy Twitter for $44 billion but then tried to back away from the deal -- and now the case will be decided in a Delaware court

Delaware: Small US State Is The Stage For Musk, Twitter Battle

C'est dans le Delaware que s'est ouvert mardi le premier acte judiciaire du litige opposant Elon Musk ? Twitter. Mais pourquoi ce petit Etat de l'Est am?ricain se retrouve-t-il au coeur d'une saga portant sur des milliards de dollars ?

Netflix Soothes Wall Street Concerns With Customer Growth Forecast

Netflix Inc on Tuesday averted its own worst-case scenario of subscriber losses, posting a nearly 1 million drop from April through June, and predicted it would return to customer growth during the third quarter.

Netflix Predicts Return To Customer Growth, Shares Jump

Netflix Inc said on Tuesday it lost 970,000 subscribers from April through June, averting the worst-case scenario projected by the company, and predicted it would return to customer growth during the third quarter.

The moon rises behind the skyline and financial district in Toronto, November 25, 2015.

As Borrowing Costs Rise, Canadian Companies Look To Delay Expansion Plans

Some Canadian businesses are reconsidering their expansion plans after the central bank's surprise full percentage point interest rate hike last week, and instead are sharpening their focus on protecting profits, analysts say.

Vehicles for sale are pictured on the lot at AutoNation Toyota dealership in Cerritos, California December 9, 2015.

For Auto Retailers, Pandemic-era Profit Boost In Rear-view Mirror

Profit growth at U.S. car dealers is likely to lose momentum in the second quarter, as the auto industry struggles to ramp up production due to parts shortage, while inflation-fueled price hikes keep buyers out of the market.

Factbox-Spotlight Shines On Battling Lawyers In Twitter-Elon Musk Dispute

A Delaware judge on Tuesday set an October trial for Elon Musk's dispute with Twitter Inc over his $44 billion acquisition which the billionaire is trying to scuttle.

Walgreens Customers Are Calling For A Boycott After It Refused Contraceptive Sales To Some Shoppers

Customers are calling for a boycott of Walgreens after employees at stores refused to sell contraceptives and refill prescriptions for birth control pills.

Gas prices are advertised at a Chevron station as rising inflation and oil costs affect the consumers in Los Angeles, California, U.S., June 13, 2022.

US Economy 2022: Gas Prices Drop Below $4.50 A Gallon, Hitting A Two-Month Low

After months of rising, gas prices fell to below $4.50 a gallon for the first time in two months, but it remains too early to say if this means American drivers will be seeing costs continue to fall.

Tesla Braces For Earnings Hit, But EV Delivery Outlook Is Key

Tesla Inc's second-quarter results on Wednesday are expected to show the strains of China's COVID-19 lockdown and protracted startups of new factories.

Temperatures rose above 40C (104F) in Britain for the first time on Tuesday

Britons Desperate To Cool Off As Mercury Hits Historic 40C

Britons desperate to cool off as mercury hits historic 40C

Meta Hit With Trademark Lawsuit By Virtual-reality Company MetaX

Facebook owner Meta Platforms Inc was hit with a trademark lawsuit in Manhattan federal court on Tuesday by MetaX LLC, a company that creates immersive virtual-reality experiences, for allegedly stealing its name for its pivot to the metaverse.

Volkswagen Says Top U.S. Executive To Run New Scout Company

Volkswagen Group AG said its top North American executive would run its new U.S. company Scout that will build electric pickup trucks and sport utility vehicles.

The court battle begins over Elon Musk's attempt to back out of his chaotic bid to buy Twitter

October Trial Set In Musk, Twitter Buyout Battle

October trial set in Musk, Twitter buyout battle

Gasoline prices have fallen from their historic highs earlier in the spring, a point highlighted by a White House pressured by inflation

Biden Highlights Decline In US Gasoline Prices

Biden highlights decline in US gasoline prices

Google app is seen on a smartphone in this illustration taken, July 13, 2021.

Google Faces $1 Billion UK Trial Over App Store Pricing

Google faces a London trial over an estimated 920-milion-pound ($1.1 billion) damages claim after a court authorised a lawsuit that alleges the Alphabet-owned tech giant overcharged 19.5 million customers for app store purchases.

Hyundai Motor, South Korea Union Agree 9% Wage Hike Deal

Hyundai Motor Co and a union representing its South Korea workforce have sealed a wage deal that will boost annual pay by about 9% just days after the automaker committed to building its first new Korean car plant in nearly 30 years.

Hyundai Motor's South Korea Union Approves Wage Deal -union

Hyundai Motor Co's unionised workers in South Korea voted in favour of a wage deal with the automaker, a Hyundai Motors union official said on Tuesday.

Apple Reaches $50 Million Settlement Over Defective MacBook Keyboards

Apple Inc agreed to pay $50 million to settle a class-action lawsuit by customers who claimed it knew and concealed that the "butterfly" keyboards on its MacBook laptop computers were prone to failure.

Brazil's Embraer Gets New Orders From Porter Airlines, Alaska; Shares Rise

Brazilian planemaker Embraer SA on Tuesday announced new aircraft orders from Porter Airlines and Alaska Air Group Inc, sending its shares higher, as it reaped an upsurge linked to the Farnborough Airshow in Britain.

Brazil's Embraer Gets New Orders From Porter Airlines, Alaska

Brazilian planemaker Embraer SA on Tuesday announced new aircraft orders from Porter Airlines and Alaska Air Group Inc as it participates in the Farnborough Airshow in the UK.

Google To Allow App Developers To Use Rival Payment Systems, To Cut Fees

Alphabet unit Google said it will from Tuesday cut fees to 12%, from 15%, for non-gaming app developers on its Google Play App Store which switch to rival payment systems, as it moves to comply with new EU tech rules.

Italian Prime Minister Mario Draghi (L) and Algeria's Prime Minister Aimene Benabderrahmane shake hands in Algiers. Algeria is Africa's biggest gas exporter and supplies around 11 percent of the natural gas consumed in Europe

Eni, Total, Occidental Sign $4 Bn Algeria Oil Contract

Eni, Total, Occidental sign $4 bn Algeria oil contract

Sudan's Hausa people protest in Khartoum on July 19, demanding justice for comrades killed in a deadly land dispute with a rival ethnic group in the country's south

Thousands Of Sudan's Hausa Protest After Deadly Clashes Over Land

Thousands of Sudan's Hausa protest after deadly clashes over land

An aerial view of a Boeing 737 MAX airplane parked at King County International Airport-Boeing Field in Seattle, Washington, U.S, June 1, 2022.

Farnborough Slow Roasts Jet Deals In Scorching Heat

Boeing unveiled orders for dozens of 737 MAX jets on Tuesday as Britain's Farnborough Airshow, back after a four-year pandemic-induced hiatus, braved the hottest day on UK record.