The dollar edged off a two-week high on the euro on Friday, ahead of inflation data that should guide the Federal Reserve's policy tightening path, and after the European Central Bank said it would start its rate-hike campaign next month.
The dollar was at a two-week high on the euro on Friday, ahead of inflation data that should guide the Federal Reserve's policy tightening path, and after the European Central Bank said it would start its rate-hike campaign next month.
Japanese Finance Minister Shunichi Suzuki on Friday refrained from commenting on the possibility of government intervention in the foreign exchange market to stem a weak yen, while maintaining his warning against any rapid fluctuations.
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Defiant South Korean truckers embarked on broader and more aggressive strike action on Friday, threatening to severely curtail deliveries of raw materials for semiconductors and petrochemical products.
Production at Hyundai Motor Co's biggest factory complex halved on Thursday due to component shortages triggered by South Korea's truckers' strike, a union official at the automaker said on Friday.
South Korean truckers embarked on broader and more aggressive strike action on Friday, threatening to severely curtail shipments of raw materials for semiconductors and petrochemical products.
Bridgewater's Karen Karniol-Tambour, co-chief investment officer for sustainability, said on Thursday that the U.S.
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The U.S. Transportation Department (USDOT) on Thursday proposed minimum standards and requirements for electric vehicle (EV) charging projects funded under a $5 billion government program.
Apollo Global Management Inc is in talks to provide up to $2 billion in debt financing for the potential acquisition of department store chain Kohl's Corp by retail store operator Franchise Group , a person familiar with the matter said.
Greenlight Capital hedge fund manager David Einhorn said on Thursday that the Federal Reserve is pretending it can tame inflation and that the price of gold is likely to go higher amid the current environment of rising prices.
Ericsson said on Thursday that the U.S. securities regulator has opened an investigation concerning the matters described in the company's 2019 Iraq investigation report.
Economic data expected on Friday has market participants anxiously waiting for confirmation that decades-high inflation reached its summit in March and has commenced its long hike back down the mountain.
POET LLC, the world's largest ethanol producer, said it hopes to meet some of its climate goals early as a result of a new partnership it announced this week with a Midwest carbon capture and storage (CCS) pipeline.
The shortages affect Huy Fong’s signature Sriracha hot chili sauce in addition to its Chili Garlic and Sambal Oelek products.
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Canadian Imperial Bank of Commerce on Thursday said it will expand its U.S.
A U.S. judge on Thursday said that the U.S. Justice Department's antitrust lawsuit against American Airlines Group Inc and JetBlue Airways Corp would go forward.
A U.S. judge said on Thursday that the U.S. Justice Department's antitrust lawsuit against American Airlines Group Inc and JetBlue Airways Corp would go forward.
Walt Disney Co Chief Executive Bob Chapek announced a major leadership shift on Thursday, promoting Dana Walden to chairman of general entertainment content as the company works to build its streaming television efforts.
Both Abbott and the FDA knew of the complaints made by a whistleblower as of February 2021, but a nationwide baby formula recall did not come until February 2022.
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By Marwa RashadLONDON (Reuters - An at least three-week shutdown at Freeport LNG, operator of one of the largest U.S.
China's central leadership has given a tentative green light to Jack Ma's Ant Group to revive its initial public offering in Shanghai and Hong Kong, two sources with knowledge of the matter told Reuters on Thursday.
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A new survey of chief financial officers found that about 73% predicted that a recession would hit the United States economy by the start of 2023.
Bank of Canada Governor Tiff Macklem on Thursday said inflation would dictate how fast interest rates go up, reiterating that the bank might need to make more increases in a row or consider a move larger than 50 basis points.
Brazil's government on Thursday night moved forward with its bid to privatize Eletrobras, Latin America's largest utility, as the share offering through which its stake in the company is set to be diluted was priced.