STOCKHOLM (Reuters) – Swedish automaker Volvo Cars will temporary close one of its factories due to a chip shortage, the…
Russia’s central bank says inflationary expectations edge up in October
MOSCOW (Reuters) – Inflationary expectations for the year ahead among Russian households rose in October to 12.8% from 12.5% in…
Biogen confident in Alzheimer’s drug ahead of rivals’ data
By Manas Mishra and Bhanvi Satija (Reuters) -Biogen Inc on Tuesday said the Alzheimer’s disease drug it is developing with…
Coca-Cola lifts forecasts as demand keeps pace with pricier sodas
By Uday Sampath Kumar and Granth Vanaik (Reuters) -Coca-Cola Co on Tuesday joined rival PepsiCo Inc in raising annual forecasts…
Halliburton profit tops Wall Street estimates as oil activity booms
By Liz Hampton and Shariq Khan (Reuters) -Halliburton Co posted a rise in profit for the third quarter on Tuesday…
HSBC makes surprise succession move as forecasts hit shares
By Lawrence White and Anshuman Daga LONDON/SINGAPORE (Reuters) -HSBC named Georges Elhedery as its new chief financial officer on Tuesday…
BlackRock raises $4.5 billion for climate-focused infrastructure fund
(Reuters) – BlackRock Inc has raised $4.5 billion out of an overall $7.5 billion-target for a new fund to invest…
U.S. home price growth slows in August, surveys show
WASHINGTON (Reuters) – U.S. single-family home prices fell sharply on a monthly basis in August as surging mortgage rates dampened…
Mirae Asset in talks to help fund Elon Musk’s Twitter deal – source
By Hyunjoo Jin SAN FRANCISCO (Reuters) -South Korea’s Mirae Asset Financial Group is planning to commit about 300 billion Korean…
Teamsters union reaches national contract with Costco
(Reuters) – The Teamsters union, representing more than 18,000 workers, said it had ratified on Friday a national contract with…