LONDON (Reuters) – Shopper numbers across Britain in December rose 5.8% from November and were up 9.9% compared to 2021…
J&J’s consumer health unit Kenvue files for IPO, moving closer to spin-off
(Reuters) -Johnson & Johnson’s consumer health unit Kenvue on Wednesday filed to be listed as an independent company, bringing the…
S&P closes higher after Fed minutes confirm inflation focus
By Sinéad Carew and Amruta Khandekar (Reuters) – The S&P 500 finished higher on Wednesday but below its session peak…
Apple to sign Luxshare for iPhone production in China – FT
(Reuters) -Apple Inc is set to sign up Chinese contract manufacturer Luxshare Precision Industry Co Ltd to produce premium iPhone…
GM reclaims U.S. auto sales crown from Toyota
By Nathan Gomes and Abhijith Ganapavaram (Reuters) -General Motors Co reclaimed the top spot in U.S. auto sales from rival…
Renault’s new venture to limit use of IP developed by Renault and Nissan -Nikkei
(Reuters) -Japanese automaker Nissan Motor Co and French automaker Renault SA have agreed to restrict the use of the intellectual…
U.S. DOJ to seize $465 million of Robinhood shares tied to Bankman-Fried
By Tom Hals and Dietrich Knauth (Reuters) -U.S. prosecutors are in the process of seizing shares of Robinhood Markets Inc…
UK businesses face ‘bleak’ outlook after poor end to 2022: BCC
By David Milliken LONDON (Reuters) – British businesses are gloomy about prospects for 2023 as they face the likelihood of…
U.S. forces glass, security companies to drop noncompete clauses for workers
WASHINGTON (Reuters) -Under pressure from the Biden administration, two glass container makers and a security company have agreed to drop…
Fed wants ‘flexibility’ on rates as inflation remains key focus, minutes show
By Howard Schneider WASHINGTON (Reuters) -All officials at the Federal Reserve’s Dec. 13-14 policy meeting agreed the U.S. central bank…