MEXICO CITY (Reuters) – Unilever Plc will build a manufacturing plant in the northern Mexican border state Nuevo Leon as…
Stocks rise, dollar slips on Powell comments seen as dovish
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – Global equities rose and the dollar fell on Tuesday, reversing…
Marketmind: Powell has spoken – bullish or bearish?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Fed Chair Jerome…
Zoom to shed about 1,300 jobs as pandemic-fueled demand slows
(Reuters) -Zoom Video Communications Inc said on Tuesday it would cut about 1,300 jobs, as demand for the company’s video…
Volkswagen boosts earnings in 2022, high inventory drags down cash flow
By Victoria Waldersee BERLIN (Reuters) -Volkswagen AG’s earnings margin was at the upper end of its forecast for 2022 at…
Hertz has fewer Teslas in its fleet than planned
(Reuters) – Hertz Global Holdings Inc’s rental fleet has less than half the number of Tesla cars it planned to…
DuPont expects strong second-half on boost from China’s reopening
By Ankit Kumar (Reuters) -DuPont de Nemours Inc on Tuesday projected results to improve in the second half of the…
Dollar drops as Fed’s Powell repeats disinflation comments, seen less-hawkish
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell from one-month highs on Tuesday after U.S. Federal Reserve Chair…
Fed’s Powell says job strength shows inflation fight may last ‘quite a bit of time’
By Lindsay Dunsmuir and Howard Schneider (Reuters) – Friday’s blockbuster jobs report showed why the battle against inflation will “take…
U.S. farm incomes seen to fall in 2023, after hitting record highs
By P.J. Huffstutter CHICAGO (Reuters) – U.S. farm incomes this year are expected to fall for the first time since…