By Padraic Halpin and Conor Humphries DUBLIN (Reuters) – While the prospect of global recession casts a long shadow over…
IKEA sees higher demand in Europe driven by home furnishings – CEO
By Divya Chowdhury and Savio Shetty DAVOS, Switzerland (Reuters) – Ingka Group, the owner of most IKEA stores, sees demand…
Holcim sees U.S. inflation act helping it in N.America
By Divya Chowdhury and Nishara Karuvalli Pathikkal DAVOS, Switzerland (Reuters) – Holcim expects the U.S. Inflation Reduction Act (IRA) to…
Ericsson shares slide as earnings disappoint
By Supantha Mukherjee STOCKHOLM (Reuters) -Ericsson on Friday reported lower than expected fourth-quarter core earnings as sales of 5G equipment…
Davos 2023: CEOs buzz about ChatGPT-style AI at World Economic Forum
By Jeffrey Dastin DAVOS, Switzerland (Reuters) -Business titans trudging through Alpine snow can’t stop talking about a chatbot from San…
BOJ’s Kuroda vows to keep ultra-loose policy
DAVOS, Switzerland (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Friday the central bank will continue its current…
Stellantis to halt Italian van plant next week due to parts shortage, unions say
MILAN (Reuters) – Stellantis will halt production at its Atessa van making plant In Italy next week due to a…
Aircraft lessors cool on risky markets after $10 billion Russia blow
By Conor Humphries and Padraic Halpin DUBLIN (Reuters) – Aircraft leasing companies, which own most of the world’s passenger jets,…
Marketmind: Netflix flickers
A look at the day ahead in U.S. and global markets from Mike Dolan. With the macro picture turning foggy…
Regulator fines Air India $37,000 for unruly passenger incident
NEW DELHI (Reuters) -Air India has been fined 3 million Indian rupees ($37,000) for its handling of an unruly passenger…