The consumer-price index for March has taken on outsize importance because Federal Reserve officials appeared willing to look past firmer-than-anticipated readings for January and February.
Tesco launched a $1.27 billion share buyback and said it expects profit to rise in the year ahead, signaling improving consumer demand as inflation tapers off.
The Alibaba co-founder praised the company’s leadership and the ongoing restructuring in a memo to employees, a rare move for the billionaire since stepping away from the spotlight in recent years.
Higher-than-expected U.S. inflation data for March should lift the U.S. dollar, Danske Bank Research said.
Thailand’s central bank kept its policy rate unchanged despite a slow economic recovery and weak inflation.
The Japanese owner of 7-Eleven, Seven & i Holdings, is considering listing its superstore business as part of efforts to focus on its convenience-store segment.
Seven & i Holdings is considering an initial public offering for its superstore business, as part of efforts to focus on its convenience store business.
Bang & Olufsen will continue to target a larger share of higher margin revenue but it will adjust the timing and size of investments amid challenging market conditions, including in key markets in Europe and China.
Tesco expects profit to rise in the year ahead, signaling improving consumer demand as inflation tapers off.
Philips said it reached a final agreement with the U.S. Justice Department and Food and Drug Administration on terms of a settlement related its Respironics ventilators, and backed its medium-term guidance.
Fitch Ratings analysts have revised their outlook for China’s long-term foreign debt to negative, citing rising risks to public finances.
With 10-year U.S. Treasury yields north of 4%, U.S. bonds offer great value, Russell Investments said.
Southeast Asia’s largest gummy maker is weighing options for its business, including a sale that could value Indonesia-based Yupi Indo Jelly Gum at about half a billion dollars.
With Saudi Arabia set to host the World Expo 2030 and as a frontrunner to host the 2034 FIFA World Cup, the country’s new metro megaproject is a chance to transform its economy as well as improve its reputation.
BP expects a boost to first-quarter profit from higher oil, gas and low-carbon energy production and said lower natural-gas prices would temper gains.
Google is preparing a new chip that can handle everything from YouTube advertising to big-data analysis as the company tries to address rising artificial-intelligence costs.
The CEO of chip designer Arm said AI’s “insatiable” power requirements were unsustainable and called on a new research-funding program to pursue solutions.
U.S. stocks ended mixed as investors looked ahead to fresh inflation data. The S&P 500 and Nasdaq gained 0.1% and 0.3%, respectively, while the Dow fell less than 0.1%.
A veteran Boeing engineer filed a complaint with the FAA, alleging the company dismissed quality and safety concerns during the production of its troubled 787 Dreamliner jets.
HSBC agreed to sell its Argentina business to local financial group Galicia for $550 million, the bank’s latest exit from markets that are no longer core to its business strategy.
A huge discrepancy in TV-rights revenue for the NCAA women’s basketball tournament final compared with the men’s raises the question of whether college athletics officials have failed to capitalize on a surge in popularity in the women’s game.
Chevron completed its departure from Myanmar in the wake of a 2021 coup d’état there, giving up its stake in the South East Asian country’s largest natural-gas project.
Firms globally raised about $156 billion through the three months ended in March, slightly outpacing the past few years.
Arizona’s highest court on Tuesday revived a 160-year-old ban on nearly all abortions, a decision that turns up the political heat on an issue that is pivotal within the battleground state and beyond for the 2024 presidential race.
The Biden campaign and progressive groups are trying to change voters’ apparent indifference to the administration’s initiatives to address climate change.
