STOCKHOLM (Reuters) – Ericsson said on Thursday it would book a 2.3 billion Swedish crown ($220 million) provision for an…
Amazon workers’ union victory upheld by U.S. labor board director
By Jeffrey Dastin (Reuters) -A U.S. labor board director has upheld Amazon.com Inc workers’ landmark union victory at a warehouse…
Explainer-Washington creeps toward a debt catastrophe, again
By Jason Lange WASHINGTON (Reuters) – An expected showdown between President Joe Biden’s Democrats and a newly minted Republican majority…
U.S. securities regulator lists April for climate rule action
By Ross Kerber (Reuters) – The top U.S. securities regulator has cited April as the release date for a long-anticipated…
Germany says its borrowing rose in 2022 due to pandemic, Ukraine war
BERLIN (Reuters) – The German government’s net borrowing rose to 115.4 billion euros ($124.5 billion) in 2022 due to the…
New pilot contracts to drive up costs at U.S. airlines
By Aishwarya Nair and Kannaki Deka (Reuters) – U.S. airline profits are set to come under pressure in 2023 as…
Italy eyes cut in excise duties as anger grows over fuel prices
By Giuseppe Fonte ROME (Reuters) – Italy may cut excise duties to curb rising fuel prices, its economy minister said…
Fed’s Bullard says latest inflation data step in right direction
(Reuters) – The U.S. economy is primed for disinflation this year but the path back to the Federal Reserve’s 2%…
‘I didn’t steal funds,’ Sam Bankman-Fried says in unusual post-arrest blog post
By Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried said he did not steal money and blamed the collapse of his…
Brazil making ‘atypical’ soy sales to Argentina, Anec says
By Ana Mano and Roberto Samora SAO PAULO (Reuters) -A Brazilian trade group representing global grain merchants on Thursday confirmed…