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U.S. Business2 years ago

ECB slows rate hikes and keeps options open

FRANKFURT (Reuters) – The European Central Bank eased the pace of its interest rate hikes on Thursday and kept its options open on future moves as...
U.S. Business2 years ago

BorgWarner sees annual sales below estimates on supply snags, higher costs

(Reuters) – BorgWarner Inc on Thursday forecast full-year sales below analysts’ estimates as supply chain issues continued to weigh on the auto supplier, sending the company’s...
U.S. Business2 years ago

Slower sales at debt-laden French retailer Casino sink shares

By Dominique Vidalon
U.S. Business2 years ago

As sales decline, Adidas faces pressure to find Yeezy fix

By Helen Reid
U.S. Business2 years ago

Alibaba’s global online commerce arm weighs US IPO – Bloomberg News

(Reuters) -Alibaba Group Holding Ltd’s international online shopping unit is exploring a U.S. initial public offering, Bloomberg News reported on Thursday citing people familiar with the...
U.S. Business2 years ago

Volkswagen sees growing competition ahead as revenue jumps on Europe, US

By Victoria Waldersee
U.S. Business2 years ago

UniCredit to use 300 million euro charges for staff exits-sources

MILAN (Reuters) -UniCredit will use restructuring charges to help fund voluntary exits for some of the additional 1,000 employees who asked to leave under an early...
U.S. Business2 years ago

Blackstone mulls sale of Dutch bank NIBC –sources

By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Andres Gonzalez
U.S. Business2 years ago

Analysis-Fed up with shrinking savings, Europeans drain billions from banks

By Sinead Cruise, John O’Donnell and Tom Sims
U.S. Business2 years ago

BMW stays cautious on outlook, says some car prices may rise

By Victoria Waldersee

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