Major global firms warn of slow China sales as post-pandemic surge fades
(Reuters) – Global firms from consumer goods giant Unilever to automaker Nissan and machinery maker Caterpillar have warned of slowing…
Apollo leads deal for trucking firm Yellow’s bankruptcy loan – Bloomberg News
(Reuters) – Creditors led by Apollo Global Management Inc are nearing a deal to provide Yellow Corp with fresh cash…
Israel: U.S. approved missile defense sale to Finland
JERUSALEM (Reuters) – Israel’s Defense Ministry said on Wednesday that the United States has approved the sale of a co-developed…
Biden admin split over ethanol’s role in aviation fuel subsidy program
By Jarrett Renshaw, Stephanie Kelly and Leah Douglas (Reuters) – The Biden administration is divided over whether to grant a…
Airbus unveils order from Wizz Air for 75 A321neo jets
PARIS (Reuters) -Airbus has won an order from Wizz Air for 75 additional A321neo aircraft, the European planemaker said on…
Hugo Boss stays strong amid tough China, U.S. markets
By Linda Pasquini and Helen Reid (Reuters) – Hugo Boss raised its sales and profit outlook on Wednesday as a…
Russian economy grows 5.3% year on year in June
MOSCOW (Reuters) – Russia’s economy grew 5.3% in June year on year, the economy ministry said on Wednesday, after an…
Russian rouble tumbles to over 16-month low past 94 vs dollar
By Alexander Marrow (Reuters) – The Russian rouble tumbled over 2% to a more than 16-month low past 94 against…
Chesapeake Energy sees 5% to 7% drop in oilfield service costs in 2024
By Arathy Somasekhar HOUSTON (Reuters) – U.S. oil and gas company Chesapeake Energy on Wednesday said it expects deflation in…
Billboard highlighting clerical abuse removed as pope arrives in Lisbon
By Catarina Demony LISBON (Reuters) – One of three huge billboards erected by activists to raise awareness of sexual abuse…