By Clark Mindock (Reuters) -Major U.S. business groups sued California on Tuesday seeking to overturn the state’s new sweeping climate disclosure laws that require companies to publicly report their greenhouse …
business
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(Reuters) – The Wall Street Journal is planning to restructure its Washington bureau and lay off some staff, news site Axios reported on Tuesday. “The reorganization will also move some …
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MOSCOW (Reuters) – Chevron is sending cargoes of Kazakhstan’s CPC Blend oil to Asia around Africa’s Cape of Good Hope rather than via the Red Sea to avoid the risk …
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(Reuters) – Activist investor Nelson Peltz believes Walt Disney can achieve profitability in streaming by bundling its ESPN+ online service with a larger player interested in sports, such as Netflix, …
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(Reuters) – Whirlpool Corp said on Tuesday its European business would start feeling the impact of the Red Sea crisis, as vessels sailing through one of the world’s most important …
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By Amina Niasse NEW YORK (Reuters) – U.S. home prices rose in November at the swiftest annual rate in 11 months, indicating a recovery in the housing market may be …
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BERLIN (Reuters) – Siemens shareholder and employee representatives want to extend the contract of Chief Executive Roland Busch and offer him a second term in office, German business daily Handelsblatt …
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ZAGREB (Reuters) – The exact date for the start of European Central Bank rate cuts is secondary, but once the bank starts moving it is likely do it in small …
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By Nell Mackenzie LONDON (Reuters) – Concern that hedge fund portfolios contain too many of the same trades has shot up the worry list for global investors with hedge fund …
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TAIPEI (Reuters) – Almost half of companies surveyed by the American Chamber of Commerce (AmCham) in Taiwan consider geopolitical concerns a deterrence to expanding or investing in the island but …
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By Alden Bentley (Reuters) – A look at the day ahead in Asian markets. The court-ordered liquidation of debt-laden China Evergrande was expected and hardly rattled Asian investors aside from …
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VIENNA (Reuters) – The troubled European Signa holding company is facing claims totalling 8.613 billion euros ($9.32 billion), its court-appointed manager said on Monday, a figure that is 70% more …
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ZURICH (Reuters) – UBS and Credit Suisse lost some ground in their combined share of the Swiss funds business last year, the Asset Management Association of Switzerland said on Monday, …
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By Nell Mackenzie LONDON (Reuters) – Hedge funds snapped up battered Chinese stocks over three days last week at the fastest pace in more than five years, Goldman Sachs wrote …
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ZURICH (Reuters) – Holcim’s biggest shareholder has given his backing to the building material company’s plan to spin off its North American business through a listing on the New York …
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(Reuters) – Chinese property developer Evergrande faces imminent liquidation after its overseas creditors failed to reach an 11th-hour deal this weekend to restructure the sprawling real-estate company, the Wall Street …
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(Reuters) -U.S. logistics startup Flexport is planning to lay off about 20% of its workforce in the coming weeks, The Information reported on Friday citing people familiar with the matter. …
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By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s central bank is forecast to make a second cut to its benchmark interest rate at its meeting next week – taking advantage of …
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(Reuters) – U.S. new vehicle sales are expected to fall 1.5% in January from a year earlier on seasonally slower sales and signs of cooling demand for electric vehicles, according …
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By Luana Maria Benedito and Gabriel Burin SAO PAULO/BUENOS AIRES (Reuters) – Brazil’s central bank will cut its key rate by 50 basis points next week for the fifth time …
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DUBLIN (Reuters) – Irish gross domestic product contracted by 0.7% quarter-on-quarter between October and December and stood 3.4% lower than a year ago, according to a preliminary estimate reading published …
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TOKYO (Reuters) – Toyota Motor Corp’s labour union is set to demand its biggest annual bonus on record worth 7.6 months of pay, exceeding the previous high of 7.2 months, …
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(Reuters) -Salesforce is laying off about 700 employees, or roughly 1% of its global workforce, the Wall Street Journal reported on Friday, in the latest round of job cuts to …
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By Selena Li and Xie Yu HONG KONG (Reuters) – Former asset management head of Credit Suisse in Asia Pacific, Min Huang, is leaving UBS as the bank embarks on …
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By Suban Abdulla LONDON (Reuters) – British consumers are their most confident since January 2022 as lower inflation helped them to feel better about their finances, a survey showed on …