By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Monday said she saw a path for avoiding a…
Cummins sees double-digit revenue growth for fiscal 2023 on engine demand
(Reuters) – Cummins Inc on Monday forecast fiscal 2023 revenue growth between 12% and 17%, anticipating strong demand for its…
Brazil’s Lula to restart housing program for low-income families
BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva will this month restart the federal housing program “Minha Casa,…
U.S. farmers plan to go ‘heavy on corn’ in 2023 despite risks
By Mark Weinraub CHICAGO (Reuters) – U.S. farmers are planning to boost corn acreage in 2023, eyeing lower prices of…
From boom to bottom and now big change: Renault and Nissan reshape alliance
PARIS/TOKYO (Reuters) – French carmaker Renault and its Japanese partner Nissan announced a deal on Monday to redesign their decades-long…
Abbvie plans to lift $2 billion cap on deals – WSJ
(Reuters) – Abbvie will lift a self-imposed $2 billion limit on acquisitions and mergers placed following a $63 billion deal…
Dell to slash over 6,000 jobs amid ‘uncertain market future’
By Eva Mathews (Reuters) – Dell Technologies Inc is cutting about 6,650 jobs, or 5% of its global workforce, as…
Swiss to vote on preventing cashless society, pressure group says
(Reuters) – Swiss citizens will get the chance to try to ensure their economy never becomes cashless, a pressure group…
Bank of England’s Mann doubles down on backing for rate hikes
By Gergely Szakacs BUDAPEST (Reuters) – Bank of England rate-setter Catherine Mann on Monday backed further increases in interest rates…
Goldman Sachs to invest over $1 billion in Europe biomethane venture
By Virginia Furness LONDON (Reuters) – Goldman Sachs Asset Management said on Monday it had launched a biomethane business called…