By Lewis Krauskopf and Davide Barbuscia NEW YORK (Reuters) – A tumultuous start for the new U.S. Congress has some…
Ares Management raises $5 billion for infrastructure debt investing
By Chibuike Oguh (Reuters) -Ares Management Corp said on Wednesday it raised about $5 billion for an infrastructure debt fund…
Global PC market seen to recover late 2023 – reports
(Reuters) – Global personal computer shipments are expected to rise starting late 2023, with a new cycle of system upgrades…
World Bank warns global economy could tip into recession in 2023
(This Jan. 10 story has been corrected to show the euro zone 2023 GDP forecast as flat, not 0.5% growth)…
Audi Mexico and union avert strike in deal for 9.4% pay rise
MEXICO CITY (Reuters) – Carmaker Audi’s Mexico unit and worker representatives have agreed to 9.4% salary raises for 2023, forestalling…
Russia’s Aeroflot bought 10 Boeing 777 from Russian bank VEB – sources
(Reuters) – An Irish lessor that sold 10 Boeing 777-300ER aircraft to Russia’s flagship carrier Aeroflot last year was a…
Brazil retail sales post biggest drop in five months in November
SAO PAULO (Reuters) – Retail sales volumes in Brazil posted in November their biggest drop in five months, government statistics…
BNP Paribas to open new office in Miami in fourth quarter
NEW YORK (Reuters) – BNP Paribas Securities Corp, a unit of BNP Paribas, said on Wednesday it plans to open…
Electrolux warns of a loss due to weak North America performance
(Reuters) -Shares at Sweden’s Electrolux fell over 5% after the company on Wednesday announced that it would report a loss…
French unions gear up for fight against delayed retirement
By Noemie Olive and Ingrid Melander PARIS (Reuters) – French unions and opposition parties on Wednesday said they would fight…