By Kirstin Ridley LONDON (Reuters) – A group of European institutional investors is backing a novel London lawsuit against energy…
GM inks deal with GlobalFoundries to secure U.S.-made chips
By Jane Lanhee Lee, Joseph White and Stephen Nellis OAKLAND, Calif/DETROIT (Reuters) -General Motors Co and chipmaker GlobalFoundries Inc on…
Republican senators seek to reverse U.S. heavy-duty truck emissions rule
By David Shepardson WASHINGTON (Reuters) – A group of 34 Republican senators said on Thursday they would seek to overturn…
Meta restores Donald Trump’s access to Facebook, Instagram
(Reuters) -Meta Platforms Inc has restored former U.S. President Donald Trump’s access to Facebook and Instagram, Meta spokesperson Andy Stone…
Activist Peltz makes nice with Disney, ends board challenge
By Svea Herbst-Bayliss and Dawn Chmielewski (Reuters) -Activist investor Nelson Peltz on Thursday ended his quest for a board seat…
IMF says Peru unrest could dent growth, recommends temporary stimulus
By Brendan O’Boyle (Reuters) – Peru’s economic outlook is “very uncertain,” but strong economic fundamentals could provide a buffer against…
PepsiCo says no more price hikes after better-than-expected quarterly results
By Ananya Mariam Rajesh (Reuters) -PepsiCo Inc said on Thursday it will not raise prices of its sodas and snacks…
Egypt’s headline inflation surges to 25.8% in January
CAIRO (Reuters) – Egypt’s annual urban consumer price inflation jumped to a higher-than-expected 25.8% in January, its fastest in more…
Yellen wants bolder World Bank steps on climate change, global issues
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen urged the World Bank to map out “bolder and more imaginative” steps on…
Credit Suisse warns of more losses, drawing regulatory attention
By Noele Illien and Oliver Hirt ZURICH (Reuters) – Credit Suisse Group on Thursday reported its biggest annual loss since…