BUSINESS

Ericsson, the Swedish telecoms equipment firm facing bribery investigations, reported a rise in second-quarter core earnings on Thursday that missed expectations as margins were hit by higher component and logistics costs.

Britain's biggest domestic lender Lloyds Banking Group contacted 2 million of its 26 million customers in May after identifying they could need extra support to cope with soaring food and energy prices and rising debt costs.

After exceeding $5 a gallon for the first time in history, U.S. gasoline prices are finally falling, giving some relief to consumers in the world's largest user of the fuel.

Retailers are set for the strongest back-to-school shopping season on record as inflation drives up prices of clothes and supplies and more students return to physical classrooms after two years of pandemic-led disruption, a Deloitte forecast showed.

The dollar pared gains on Thursday after two Federal Reserve officials indicated they favored a 75 basis points hike at the U.S.

The euro plunged below parity to a 20-year low on Thursday as concerns over an energy crisis and political turmoil in Italy dented demand for the single currency, while the U.S.

The dollar resumed its relentless rise on Thursday, charting new 24-year highs against the yen and pinning the euro close to parity, as investors bet on the Federal Reserve ratcheting up interest rates to combat soaring inflation.

The dollar resumed its relentless rise on Thursday, driven by both expectations for faster Federal Reserve policy tightening and safe-haven flows amid growing fears of a recession.

The dollar resumed its relentless rise on Thursday, driven by both expectations for faster Federal Reserve policy tightening and safe-haven flows amid growing fears of a recession.

Global stocks mostly fall on latest troubling inflation figures

Global equity markets edged lower on Thursday and oil slipped while the safe-haven dollar rose after the latest red-hot U.S.

Asian shares were pinned at two-year lows on Thursday after white-hot U.S.

UK 'jobs miracle' turns into employers' nightmare

Pet hate: Dogs and cats confront division in 'Paws of Fury'

Hyundai Motor Co on Thursday launched its first electric sedan, Ioniq 6, which the South Korean automaker is betting will help it grab a bigger share of the electric vehicle (EV) market dominated by Tesla Inc.

U.S. crypto lender Celsius Network said on Wednesday it had filed for bankruptcy in New York, becoming the latest victim in the cryptocurrency sector of a dramatic plunge in token prices.

Berkshire Hathaway Inc, run by billionaire Warren Buffett, said it has this week purchased another 4.3 million shares of Occidental Petroleum Corp, giving it a 19.2% stake in the oil company.

Netflix partners with Microsoft to offer cheaper streaming plan

Andrej Karpathy, a high-profile Tesla executive who played a key role in developing the electric car maker's artificial intelligence and driver assistant technology, said on Wednesday he is leaving the company.

US data show big jump in unionization campaigns in fiscal 2022

Those who left their jobs during "The Great Resignation" now see a job market that could turn ugly as economic conditions worsen.

Bank of Canada's surprise full percentage point interest rate hike on Wednesday could put the brakes on the country's once-frothy housing market and weigh on banks' profits after strong mortgage growth emerged as the main growth engine during the pandemic.

Amazon has been sharing Ring doorbell camera footage with law enforcement agencies without the customers’ permission.

Twitter shares up after hedge fund bets against Musk

North Carolina finished in the top spot, while Mississippi came in last.

The U.S. government posted an $89 billion budget deficit during June, roughly half the prior year's gap, as pandemic-related outlays fell and revenues edged higher, the Treasury Department said on Wednesday.

Atlanta Federal Reserve Bank President Raphael Bostic on Wednesday stoked rising expectations for more aggressive Fed action ahead, saying higher than expected June inflation might require policymakers to consider a 100 basis point increase at their meeting later this month.

Bill Gates $20 billion gift brings the foundation’s total endowment to about $70 billion.

The Starship rocket booster SpaceX plans to use for an inaugural flight to orbit will "probably" return to its launch mount in Texas next week following a testing explosion on Monday, the company's chief executive, Elon Musk, told Reuters.