OSLO (Reuters) – Crisis-hit airline SAS said on Tuesday it had reached agreements with two more lessors representing seven aircraft…
Biden calls on oil, gas companies to stop ‘war profiteering,’ threatens windfall tax
WASHINGTON (Reuters) -U.S. President Joe Biden on Monday called on oil and gas companies to use their record profits to…
U.S. construction spending unexpectedly rebounds in September
WASHINGTON (Reuters) – U.S. construction spending unexpectedly rebounded in September, amid a surge in investment in nonresidential structures that offset…
U.S. manufacturing activity slowest in nearly 2-1/2 years in October -ISM
WASHINGTON (Reuters) – U.S. manufacturing activity grew at its slowest pace in nearly 2-1/2 years in October while a measure…
Chocolate maker Barry Callebaut’s counts the cost of factory shutdown
By John Revill ZURICH (Reuters) -Barry Callebaut reported a drop in full-year operating profit as the world’s biggest chocolate maker…
Thomson Reuters keeps outlook, but wary of slowing economy
By Nick Zieminski and Kenneth Li NEW YORK (Reuters) – Thomson Reuters Corp kept its financial guidance for this year…
Brazil central bank says high inflation risks require monitoring and serenity
BRASILIA (Reuters) -Brazil’s central bank said that its inflation calculations are still consistent with its policy strategy, though risks remain…
Toyota cuts output target amid chip crunch as profit tumbles 25%
By Satoshi Sugiyama TOKYO (Reuters) – Toyota Motor Corp on Tuesday posted a worse-than-expected 25% drop in quarterly profit and…
Volkswagen sells WeShare to Berlin-based carsharing service
BERLIN (Reuters) – Volkswagen said on Tuesday it would sell its carsharing service WeShare to Miles Mobility, under a deal…
Exclusive-Brazil coffee defaults spike for second year in a row
By Maytaal Angel and Marcelo Teixeira LONDON/NEW YORK (Reuters) – Brazilian coffee farmers are defaulting on contracts for a second…