Business News

TORONTO (Reuters) – Canadian economic activity expanded at a slower pace in September as a measure of employment climbed to its highest level in six months, Ivey Purchasing Managers Index …

By Timour Azhari BAGHDAD (Reuters) -Iraq will ban cash withdrawals and transactions in U.S dollars as of Jan. 1 2024 in the latest push to curb the misuse of its …

(Reuters) -Constellation Brands raised its annual profit target on Thursday after higher prices and strong demand for its beers and spirits drove a sales and profit beat in the second …

By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada posted a surprise C$718 million ($521.88 million) trade surplus in August as trade rebounded a month after labor strikes shut down …

(Reuters) -Luxury electric-vehicle maker Lucid Group on Thursday launched a cheaper, rear-wheel drive version of the Air Pure sedan starting at $77,400, as it looks to stoke demand. Higher borrowing …

(Reuters) – Lamb Weston Holdings raised its full-year net sales and profit forecasts on Thursday, banking on higher prices for its ready-to-cook frozen potato appetizers and easing cost pressures, sending …

SEOUL (Reuters) -Hyundai Motor and Kia Corp said on Thursday that they had decided to adopt Tesla Inc’s electric vehicle (EV) charging technology in the United States. Joining their global …

BRASILIA (Reuters) – Brazil’s central bank monetary policy director said on Thursday that the current strength of the U.S. economy, demanding higher interest rates for longer, stands as a central …

By Victoria Waldersee BERLIN (Reuters) -Talks between Ford and a potential investor in its plant in Saarlouis, Germany have fallen through, the carmaker said on Thursday, plunging workers back into …

By Rachna Uppal DUBAI (Reuters) – The World Bank expects Saudi Arabia’s economy to contract by 0.9% in 2023, it said in a report on Thursday, revising its growth forecast …

A Taco Tour of Asbury Park, NJ Asbury Park, New Jersey, might be renowned for its iconic boardwalk, live music scene, and rich history, but it’s also emerging as a …

By Ahmed Eljechtimi MARRAKECH, Morocco (Reuters) – Moroccans living just an hour from where the global financial elite will gather for IMF and World Bank meetings next week are homeless …

GENEVA (Reuters) – The World Trade Organization halved its growth forecast for global goods trade this year, saying that persistent inflation, higher interest rates, a strained Chinese property market and …

WASHINGTON (Reuters) – The U.S. trade deficit narrowed more than expected in August as exports increased solidly, likely positioning trade to support economic growth in the third quarter. The trade …

(Reuters) -Citigroup and J.P.Morgan raised their forecasts for China’s annual growth on Wednesday, citing stabilizing economic indicators and Beijing’s recent supportive policy measures. The Wall Street brokerages raised their forecast …

Hillsborough residents were surprised to learn that the popular Wawa at 381 Triangle Road shut its doors for good on Monday, Oct. 2. The store has directed its patrons to …

(Reuters) – Online sales during the crucial U.S. holiday season are expected to rise 4.8% from a year earlier as retailers go all out to woo inflation-hit consumers with even …

By Amina Niasse NEW YORK (Reuters) – U.S. employers dialed back their planned job cuts in September, especially in the warehousing sector, but workforce reduction intentions were higher on a …

By Paul Lienert (Reuters) – German automaker Porsche and investor UP.Partners have launched Sensigo, a California-based startup using artificial intelligence to enable vehicle service technicians to diagnose, resolve and eventually …

(Reuters) – The United Auto Workers (UAW) and Ford Motor have narrowed their differences on pay increases after a new offer from the automaker amid “really active” talks, people familiar …

By Tom Polansek CHICAGO (Reuters) – Chicken prices at U.S. grocery stores have hit record highs and should stay elevated as Tyson Foods and other companies dial back poultry production …

LONDON (Reuters) – Air France-KLM maintains a strong interest in Portugal’s national carrier TAP and the purchase of a stake in Scandinavia’s SAS does not affect its ability to take …

A look at the day ahead in U.S. and global markets from Mike Dolan Battered Treasury bonds caught a bid over the past 24 hours on surprisingly soft U.S. jobs …

By Rajesh Kumar Singh CHICAGO (Reuters) – United Airlines’ plan to navigate the operating constraints dogging U.S. carriers is simple – bigger planes. In announcing plans on Tuesday to order …

By Maximilian Heath BUENOS AIRES (Reuters) – Argentina’s giant soybean processing plants are running out of soybeans after a historic drought cut the crop in half, the head of the …