Swiss elevator and escalator maker Schindler on Friday reported a drop in first-quarter net profit but beat the consensus forecast despite supply chain woes, cost inflation, coronavirus lockdowns and market contraction in China.
'Cinema Paradiso' actor Jacques Perrin dies at 80
The Bank of Japan (BOJ) should revise its yield curve control (YCC) policy or scrap it if the benchmark Japanese government bond (JGB) yield keeps rising to the upper limit of the central bank's range, one third of economists surveyed by Reuters said.
Tuft Love: Young Chinese weave away stress with crafts
Macron lost the French left, but now needs it for victory
Global stocks plunge on jitters over higher interest rates
Wall Street opened sharply lower as world stocks hit five-week lows, while bond yields soared to multi-year highs on Friday as investors brace for rate hikes in the United States, Britain and the euro zone.
World stocks fell to five-week lows and bond yields rose on Friday as investors fretted about rate hikes in the United States and the euro zone, while the yuan struck a seven-month low as lockdowns in Shanghai hit China's growth prospects.
Revitalised Angkor Wat brings hope for Cambodia tourism recovery
Oil slipped on Friday, burdened by the prospect of weaker global growth, higher interest rates and COVIDlockdowns in China hurting demand even as the European Union considers a ban on Russian oil that would further tighten supply.
Oil prices extended losses on Friday, burdened by the prospect of interest rate hikes, weaker global growth and COVID-19 lockdowns in China hurting demand, even as the European Union weighed a ban on Russian oil.
The recalled products were sold at Whole Foods Market stores in many states.
Honda Motor plans to build millions of electric vehicles by 2030 using three new dedicated platforms, with one to be jointly developed with U.S. partner General Motors, a top executive at the Japanese automaker said.
The dollar surged to a more than two-year high on Friday, continuing to draw support from Federal Reserve Chair Jerome Powell's comments on Thursday that seemed to back a half a percentage point tightening at next month's policy meeting, as well as his remarks on a likely consecutive rate hikes this year.
South Korea's economic growth likely slowed significantly in the first quarter as restrictions imposed to prevent the spread of COVID-19 slammed the brakes on consumer spending, a Reuters poll found.
A Florida bill that would eliminate the special tax district that gives the Walt Disney Co the ability to govern its theme parks won approval from lawmakers on Thursday, sending the legislation to Governor Ron DeSantis for his signature.
SpaceX signed its first deal with an air carrier to provide in-flight wireless internet using the Starlink satellite network, the space company said on Thursday as it jockeys with other burgeoning satellite firms to put high-speed internet on commercial airlines.
McDonald's Corp on Thursday said Carl Icahn's call for the fast food chain to stop buying pork from suppliers that house the animals in crates would be logistically unfeasible and prohibitively expensive.
Barbie releases the new The Queen Elizabeth II doll to celebrate her 96th birthday and 70-year anniversary as queen.
All major averages closed sharply lower, reversing early gains, with the tech-heavy NASDAQ and the Russell 2000 suffering the most significant losses.
WHO 'strongly recommends' Pfizer's Covid pill
Tiny Bronte book, unseen for a century, goes on sale in New York
Turkish opposition leader's flat goes dark over unpaid bills
The Insignia air fryers and air fryer ovens were sold between 2018 and 2022 in the U.S. and Canada at Best Buy.
Russia slaps travel ban on Kamala Harris, Zuckerberg
Shattered evacuees emerge from Ukraine's Mariupol
Snap Inc on Thursday forecast a rosy outlook for user growth on its Snapchat app, but said supply-chain disruptions and inflation could continue to hurt advertising demand.
Snap Inc reported better-than-expected first-quarter user growth on Thursday while it missed expectations on revenue, as the parent company of Snapchat said supply-chain disruptions and the invasion of Ukraine hurt advertising demand.
A White House adviser on Thursday suggested the United States could lower tariffs imposed on a host of non-strategic Chinese goods such as bicycles or apparel to help combat inflation.
Johnny Depp grilled about drug, alcohol use at defamation trial