MOSCOW (Reuters) – A Russian government commission has approved the sale of Swedish furniture maker IKEA’s factories in Russia to…
Potential winners and losers from the new U.S. EV charging standards
(This Feb. 15 story has been corrected to say ‘Natural Resources Defense Council’, not ‘National Resources Defense Council’) (Reuters) –…
Activist investors to push for margins, profitability in first half of 2023
By Niket Nishant and Akash Sriram (Reuters) – Companies that have been spending actively in pursuit of growth opportunities will…
Struggling aerospace suppliers may not be able to support jet output hikes – survey
(Reuters) – Meeting Boeing Co and Airbus SE’s planned jet output hikes this year will not be a “slam dunk”…
Germany dashes hopes for new EU common borrowing
By Maria Martinez and Jan Strupczewski BERLIN (Reuters) – Hopes for new joint European Union borrowing to support Europe’s green…
Lufthansa cancels more than 1,300 flights on Friday due to strikes
BERLIN (Reuters) – Lufthansa has cancelled more than 1,300 flights on Friday, including all flights at the Frankfurt and Munich…
Hasbro forecasts gloomy 2023 as inflation pummels toy demand
By Deborah Mary Sophia (Reuters) -Hasbro Inc forecast annual sales and profit below Wall Street estimates on Thursday, hammered by…
U.S. household debt jumps to $16.90 trillion
By Lindsay Dunsmuir (Reuters) – U.S. household debt jumped to a record $16.90 trillion from October through December last year,…
Renault restores dividends on improving outlook
By Gilles Guillaume and Ingrid Melander BOULOGNE-BILLANCOURT, France (Reuters) – French carmaker Renault announced a dividend for the first time…
Fund industry says proposed U.S. SEC rules would harm retirement savers
By John McCrank NEW YORK (Reuters) – The mutual fund industry is warning the U.S. Securities and Exchange Commission that…