A continued decline in on-demand trucking prices risks squeezing out tens of thousands of small operator-owned trucking companies that rushed into the market when rates were surging earlier this year, Uber Technologies Inc's head of freight said.
Rivian shares were down nearly 19% by mid-afternoon on Monday.
State-owned operator Ethio Telecom launched a 5G mobile phone service on Monday in a key step ahead of competition from new entrants in an industry that has been closed for international players.
Germany and Qatar have hit difficulties in talks over long-term liquefied natural gas (LNG) supply deals amid differences over key conditions, including the duration of any contract, three people familiar with the discussions told Reuters.
Hedge fund Sachem Head Capital Management is in advanced talks to drop a board challenge against US Foods Holding Corp in exchange for three seats on the food distributor's board of directors and the replacement of Chief Executive Officer Pietro Satriano, people familiar with the matter said on Monday.
Surging inflation is eating into gold miner Gold Fields' contingency cost buffer for its Salares Norte project in Chile, Chief Executive Officer Chris Griffith said on Monday, adding that the South Africa-listed company is seeing at least 10% inflation in the regions where it operates.
Expectations of a hawkish Federal Reserve are dimming Wall Street's outlook for stocks, with some investors now bracing for a potential bear market in the benchmark S&P 500 index.
French court upholds fake-job verdict against former PM Fillon
Saudi fights to lead 'saturated' MidEast aviation market
Stocks declined on Monday as markets continued to absorb the Federal Reserve's recent interest rate hike as both the Fed and the market fret that the U.S. economy is heading towards a recession.
Pro-Russia separatists fete Soviet WWII victory in Ukraine's Mariupol
Wall Street's watchdog said on Monday that it has expanded the period for public comment on its landmark climate risk proposal until June 17 in response to a rally of interest.
The U.S. Securities and Exchange Commission (SEC) on Monday extended until June 17 the period for public comment on its landmark proposal to require U.S.-listed companies to disclose a range of climate-related risks and greenhouse gas emissions.
The U.S. Securities and Exchange Commission (SEC) on Monday extended until June 17 the period for public comment on its landmark proposal to require U.S.-listed companies to disclose a range of climate-related risks and greenhouse gas emissions.
EasyJet tackles Covid staff shortage by removing seats
Uber plans to focus on free cash flow to satisfy investors and shareholders in what it anticipates will be a changing economy.
McDonald's is giving away free McChickens and McDoubles, along with tarot card readings for a few lucky fans.
Renault's top executive said on Monday that the carmaker will decide in the coming weeks on the future of its operations in Russia, where it suspended operations in late March following the invasion of Ukraine.
Global stocks and oil slump on China lockdowns, interest rates
KKR has expressed reservations about a plan by Telecom Italia (TIM) to merge its network, which is partly owned by the U.S.
Russian envoy to Poland splattered with liquid on Victory Day
Private equity firm Carlyle Group Inc told Reuters on Monday it has agreed to acquire U.S.
The European Commission is considering offering landlocked eastern European Union states more money to upgrade oil infrastructure in a bid to convince them to agree to an embargo on Russian oil, an EU source told Reuters on Monday.
United Nations climate envoy Mark Carney plans to meet with major private equity firms in London on Wednesday, courting a corner of the financial world that has been reluctant to join his initiative, according to people familiar with the matter.
Emerging market sovereign debt is at the "mercy" of the Federal Reserve's interest rate decisions, JPMorgan analysts said in a note on Monday, as the U.S.
Israel's central bank said on Monday it had received public support for its plans to possibly issue a digital shekel on grounds it would help the economy by supporting innovation in the payments system, reducing the amount of cash and bolstering the fintech sector.
President Joe Biden's visit to Japan this month is expected to coincide with the formal launch of a new U.S.
Brazilian homebuilder MRV Engenharia e Participacoes is looking for a partner for its U.S.
Ukraine soldier's ordeal offers view into prisoner swaps
The European Union executive wants to speed up the bloc's green transition and cut its reliance on Russian fuels by allowing some renewable energy projects to receive permits within a year, a draft document shows.
