H&M Q1 Profit Falls Far Short Of Expectations
By Anna Ringstrom STOCKHOLM (Reuters) -Sweden’s H&M on Thursday reported quarterly profits that were sharply below analysts’ expectations for the…
Fed’s rate hikes threaten its goal of narrowing racial gaps
WASHINGTON (AP) — America’s hiring boom of the past year has narrowed racial disparities in unemployment. Yet the Federal Reserve’s…
Air France-KLM Renews CEO Smith’s Mandate And Names New KLM Boss
(Reuters) – Air France-KLM will renew the mandate of CEO Ben Smith for an additional five years, the Franco-Dutch airline…
H&M Profit Lags Expectations As Pandemic, Investments Weigh
STOCKHOLM (Reuters) – Sweden’s H&M reported on Thursday a smaller profit than expected for the December-February period, its fiscal first…
United States Weighs Largest Ever Draw From Emergency Oil Reserve -sources
By Jarrett Renshaw and Steve Holland WASHINGTON (Reuters) -The Biden administration is considering releasing up to 180 million barrels of…
Asian shares slip as Japan ‘tankan’ shows weaker outlook
TOKYO (AP) — Asian shares were mostly lower Friday as a resurgence of Russian attacks dashed hopes for any quick…
Cucumber Crisis: Surging Energy Prices Leave British Glasshouses Empty
By James Davey ROYDON, England (Reuters) – In a small corner of south-east England, vast glasshouses stand empty, the soaring…
China manufacturing weakens as anti-virus controls tighten
BEIJING (AP) — China’s manufacturing activity fell to a five-month low in March after most of Shanghai and two other…
Amazon staff reject union in Alabama, lean toward it in NYC
NEW YORK (AP) — Amazon workers in Alabama appear to have rejected a union bid in a tight race, according…
Apple Mulls More Memory Chip Suppliers, Including China – Bloomberg News
(Reuters) – Apple Inc is exploring new suppliers for memory chips used in its iPhones, including a potentially first Chinese…