By Arathy Somasekhar HOUSTON (Reuters) – The United States has become a global crude oil exporting power over the last…
Revlon and key creditors strike deal, April bankruptcy exit
By Dietrich Knauth (Reuters) – Bankrupt cosmetics giant Revlon Inc on Monday reached a restructuring agreement which would turn over…
Explainer-Europe’s hard-fought plan to cap gas prices
(Adds EU plan for new gas benchmark price, detail on original Commission proposal) By Susanna Twidale, Kate Abnett and Gabriela…
Analysis-Italy’s cash payments U-turn is all gain, no pain
By Valentina Za MILAN (Reuters) – Dropping a plan to boost small cash payments is the smart thing for Italy…
Taiwan investigates TikTok for suspected illegal operations
TAIPEI (Reuters) – Taiwan’s government has opened a probe into Chinese-owned social media platform TikTok on suspicion of illegally operating…
ECB’s Nagel pleads with Germans for patience in combating inflation
BERLIN (Reuters) – Bundesbank President Joachim Nagel asked the German public for patience in bringing down inflation, warning in an…
Musk’s poll results: Elon should step down as Twitter CEO
By Nivedita Balu (Reuters) -Twitter users voted decisively in a poll for Elon Musk to step down as chief executive…
France’s Vinci to invest $820 million in Mexico airport, governor says
MEXICO CITY (Reuters) – French airport operator Vinci will invest $820 million in renovating an airport in the Mexican business…
U.S. home builder gloom persists, but some hope seen for next year
By Dan Burns (Reuters) – Confidence among U.S. single-family home builders fell for a record 12th straight month in December…
Nike sales may soar as discounts draw shoppers; margin squeeze looms
By Deborah Mary Sophia (Reuters) – Nike Inc is expected to report a big bump in second-quarter sales, as it…