By Andrea Shalal WASHINGTON (Reuters) – World Bank President David Malpass on Thursday told Reuters he decided to leave before his five-year contract ended because he felt work was well underway[...]
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February 16, 2023
Paramount to raise streaming prices as ad slump knocks revenue
By Eva Mathews and Helen Coster (Reuters) -Paramount Global Inc will raise prices for its flagship streaming service in some markets this year, the CBS network owner said on Thursday, amid an extended[...]
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Twitter becomes first social media platform to allow cannabis ads in U.S
(This Feb. 15 story has been corrected to clarify that Curaleaf reduced payroll by 10% not workforce in the last paragraph) By Mrinalika Roy (Reuters) – Twitter on Wednesday became the first soc[...]
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Airbus eyes slower, more feasible recovery after supply snags
By Tim Hepher PARIS (Reuters) -Airbus on Thursday slowed the production ramp-up of key narrowbody models after supply disruption, but surprised investors and some suppliers by raising output ambitions[...]
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GM sees no slowdown yet, expects hit from China’s COVID situation
(Reuters) -General Motors Co said on Thursday it was seeing no signs of slowing demand for automobiles amid economic worries, adding that it expects the volatile COVID-19 situation in China to impact[...]
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U.S. labor market still tight; monthly producer inflation accelerates
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, offering more evidence of the economy’s resilience[...]
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Brazil’s Americanas makes offer to creditors but no deal reached
SAO PAULO (Reuters) – Brazilian retailer Americanas SA on Thursday failed to reach a deal on proposal to creditors that included a multi-billion-real capital injection by key shareholders as par[...]
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Struggling aerospace suppliers may not be able to support jet output hikes – survey
(Reuters) – Meeting Boeing Co and Airbus SE’s planned jet output hikes this year will not be a “slam dunk” for the aerospace supply chain, a Morgan Stanley survey of 80 supplie[...]
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BlackRock’s president faces climate questions at New York event
By Davide Barbuscia and Ross Kerber (Reuters) -BlackRock Inc President Robert Kapito’s remarks during a financial conference on Thursday were interrupted several times by questions on the compan[...]
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