BERLIN (Reuters) – Audi’s sales chief Hildegard Wortmann has chosen to step back from her role and will be replaced by Marco Schubert, head of Europe at Porsche AG, Audi said on Friday. Wo[...]
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Indian tribunal approves $8.5 billion Disney, Reliance media assets merger
BENGALURU (Reuters) -An Indian company tribunal has approved the $8.5 billion merger of Reliance Industries and Disney’s Indian media assets, Reliance said on Friday. Earlier this week, the comp[...]
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Norfolk Southern reaches tentative agreements with five more labor unions
(Reuters) – Norfolk Southern has reached tentative, five-year labor agreements with five unions, the U.S. railroad operator said on Friday, at a time when thousands of employees in the industry[...]
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US consumers’ near-term inflation expectation lowest since 2020, UMich data shows
(Reuters) – U.S. consumers see inflation continuing to moderate in the next year, with a gauge of price growth expectations published on Friday at the lowest level in August since late 2020. The[...]
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Nippon Steel, peers urge Tokyo to curb steel imports from China, executive says
By Yuka Obayashi, Katya Golubkova and Ritsuko Shimizu TOKYO (Reuters) -Nippon Steel and other Japanese steelmakers are urging Tokyo to consider curbing cheap steel imports from China, the world’[...]
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SIX Group explores options for financial information unit, sources say
By Amy-Jo Crowley, Oliver Hirt and Andres Gonzalez LONDON (Reuters) – Swiss stock market operator SIX Group is weighing options for its financial information unit, including potentially merging[...]
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OPEC+ likely to proceed with planned output hike from October, sources say
By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova LONDON/MOSCOW (Reuters) – OPEC+ is set to proceed with a planned oil output hike from October, as Libyan outages and pledged cuts by some membe[...]
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Explainer-Charting the Fed’s economic data flow
(Reuters) -The U.S. central bank held its benchmark overnight interest rate steady in the 5.25%-5.50% range at the conclusion of its July 30-31 policy meeting, but since then Federal Reserve Chair Jer[...]
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Intel rises as report of chipmaker exploring options cheers glum investors
(Reuters) -Intel’s shares rose more than 3% in early trading on Friday, as a report of the struggling chipmaker exploring options that could include a merger or a split induced some investor ent[...]
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