By Arathy Somasekhar HOUSTON (Reuters) – The United States has become a global crude oil exporting power over the last…
Revlon and key creditors strike deal, April bankruptcy exit
By Dietrich Knauth (Reuters) – Bankrupt cosmetics giant Revlon Inc on Monday reached a restructuring agreement which would turn over…
Taiwan investigates TikTok for suspected illegal operations
TAIPEI (Reuters) – Taiwan’s government has opened a probe into Chinese-owned social media platform TikTok on suspicion of illegally operating…
France’s Vinci to invest $820 million in Mexico airport, governor says
MEXICO CITY (Reuters) – French airport operator Vinci will invest $820 million in renovating an airport in the Mexican business…
U.S. home builder gloom persists, but some hope seen for next year
By Dan Burns (Reuters) – Confidence among U.S. single-family home builders fell for a record 12th straight month in December…
Nike sales may soar as discounts draw shoppers; margin squeeze looms
By Deborah Mary Sophia (Reuters) – Nike Inc is expected to report a big bump in second-quarter sales, as it…
Apple fined 1 million euros by Paris court over App Store practices
By Layli Foroudi PARIS (Reuters) -The Paris Commercial Court on Monday fined iPhone maker Apple just over 1 million euros…
Bankman-Fried wants to see indictment before agreeing to extradition – lawyer
(Reuters) – Sam Bankman-Fried wants to see the U.S. indictment against him for his role in the collapse of the…
Factbox-How governments are trying to ease impact of inflation
(Reuters) – Pandemic-related disruptions to global supply chains and the effects of Russia’s war in Ukraine have driven up prices…
EU warns Meta over Facebook Marketplace antitrust breach
BRUSSELS (Reuters) -The European Commission on Monday said it has warned Facebook parent company Meta that it is breaching EU…