BUSINESS

Citigroup is looking for a new senior manager within its Delta One operations, a trading unit that sells financial products to sophisticated investors, according to three people familiar with the matter and a job advertisement posted by the bank last week.

TPG said on Tuesday its after-tax distributable earnings rose to $199 million in the first quarter, up from $65 million a year earlier, adding that its private equity and impact investing businesses had delivered strong growth in asset sales.

Italy's government aims to sell state-owned ITA Airways, the successor to Alitalia, by the end of June after setting a deadline for binding offers of May 23, Economy Minister Daniele Franco said on Tuesday.

IBM has set a new goal for propelling the legacy technology company ahead of its rivals: a quantum computer ready for commercial use, three years from now.

A growing number of chief executives consider sustainability one of the biggest challenges to act upon over the next two to three years, a new study said on Tuesday.

International Business Machines Corp is not sure how much longer it can pay its employees in Russia in light of escalating sanctions on the country, its chief executive told Reuters.

Tesla Inc is recalling about 130,000 vehicles in the United States following an overheating issue that may cause the center touchscreen display to malfunction, the National Highway Traffic Safety Administration (NHTSA) said on Tuesday.

Pfizer Inc said on Tuesday it will pay $11.6 billion to buy Biohaven Pharmaceutical Holding Co, making a big bet on its ability to boost sales of the top-selling pill in a new class of migraine drugs.

Venture Global LNG said on Tuesday it would supply two million tonnes of liquefied natural gas (LNG) a year to Exxon Mobil Corp, a sign of its rapid rise in the ranks of LNG suppliers and the strong global demand for U.S.

For more than two years, Isaac Larian has used every available tool to overcome global supply-chain bottlenecks and keep retailers stocked with enough Bratz and LOL Surprise! dolls to meet pandemic demand.

In a performance-based industry such as sales, where women-led teams “tend to have higher win and quota attainment rates,” the pay gap casts a bright light on an important question: why is this happening? 

U.S. manufacturers are finding that their main weapon to fight supply chain snarls is greater inefficiency.

Meta Platforms, owner of Facebook, on Tuesday criticised a landmark German antitrust order to curb its data collection as 'clearly flawed' and which undermines EU data protection rules.

U.S. government officials in March asked Brazil's state-run oil company Petrobras whether it could increase crude output after Russia's invasion of Ukraine sent global prices soaring, three people with knowledge of the matter told Reuters.

CVS Health Corp, Walgreens Boots Alliance Inc and Walmart Inc on Tuesday begin a first-of-its-kind trial to determine what the pharmacy chains owe for their role in the opioid epidemic in two Ohio counties, which are seeking $878 million.

Decisive week for Finland, Sweden as NATO decisions loom

'Rich also cry': Russia's sanctioned oligarchs lose luxuries

Germany is moving away from a plan to establish a strategic national coal reserve, sources from the government and industry told Reuters on Tuesday, as Berlin revisits its energy contingency projects months after Russia invaded Ukraine.

The exclusive cadre of landlords that run London's bustling West End cultural and entertainment district is about to get one smaller.

Nintendo annual net profit solid but outlook cautious

BlackRock said on Tuesday it expected to support fewer shareholder resolutions on issues such as climate change in the current season of annual general meetings, as many proposals were too prescriptive.

What Ms. Zhang didn't expect when she hunkered down for Shanghai's citywide lockdown was complimentary ready meals and desserts from luxury brands such as Louis Vuitton and Cartier to start arriving the very next day.

Retail gasoline prices in the United States rose on Tuesday and hit another all-time record, surpassing one set in March, as global refineries grappled with a bottleneck that has sent prices soaring ahead of driving season.

Shares in Swedish Match soared on Tuesday after U.S.

Swedish Match shares leapt to a record high on Tuesday after Marlboro-maker Philip Morris International Inc said it was in talks to buy the Stockholm-based company in a bet on the fast-growing market for cigarette alternatives.

Shares in Swedish Match soared on Tuesday after U.S.

Swedish Match shares leapt to a record high on Tuesday after Marlboro-maker Philip Morris International Inc said it was in talks to buy the Stockholm-based company in a bet on the fast-growing market for cigarette alternatives.

Malaysia's commodities ministry has proposed cutting the export tax on palm oil by as much as half to help fill a global edible oil shortage and grow the market share of the world's second-largest palm oil producer.

Sony logs record full-year sales but keeps forecast cautious