By Gavin Jones ROME (Reuters) – Italy’s economy shrank by 0.1% in the fourth quarter of last year from the…
Caterpillar profit slides as costs and forex squeeze margins, shares down
By Bianca Flowers and Aishwarya Nair (Reuters) – Caterpillar Inc’s fourth-quarter earnings slid by 29%, the company reported on Tuesday,…
Exclusive-Warner Bros Discovery licenses movies and TV shows to Roku, Tubi
By Dawn Chmielewski (Reuters) – Warner Bros Discovery Inc has reached deals with streaming services Roku Inc and Fox Corp’s…
Bayer under investor pressure to speed up CEO changeover
By Patricia Weiss and Ludwig Burger FRANKFURT (Reuters) – A top-10 shareholder in Bayer on Tuesday called on the group’s…
China’s industrial profits contract in 2022 on COVID woes
By Ellen Zhang and Ryan Woo BEIJING (Reuters) -Profits at China’s industrial firms fell 4% in 2022 from a year…
Banks battle to shed unsold buyout loans – sources
By Chiara Elisei, Nell Mackenzie and Pablo Mayo Cerqueiro LONDON(Reuters) – Banks are whittling down a pile of unsold loans…
Canada’s economy inched up in November, likely stalled at year-end
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s economy expanded slightly in November, matching expectations, and likely stalled in…
Cash-strapped Pakistan talks to IMF in bid to unlock $7 billion bailout
By Asif Shahzad and Ariba Shahid ISLAMABAD (Reuters) -Cash-strapped Pakistan on Tuesday held a first round of talks with the…
U.S. house price inflation slows further in November
WASHINGTON (Reuters) – U.S. single-family home price growth cooled further in November, surveys showed on Tuesday, which together with declining…
Budweiser looks to younger generation in Super Bowl ad
By Sheila Dang (Reuters) -Budweiser is aiming to appeal to younger beer drinkers with a Super Bowl commercial that features…