Business
Brazil central bank's June decisions will be more data dependent, says governor
BRASILIA (Reuters) - Brazil's central bank lacks a clear view of the steps it may take at its June meeting, making it more dependent on what the data shows, governor Roberto Campos Neto said on Thursday, as uncertainty weighs on the scale of ...
White House's Brainard says corporate profits remain elevated
WASHINGTON (Reuters) - White House National Economic Adviser Lael Brainard said on Thursday corporate profits remain elevated, after U.S. consumer sentiment rose unexpectedly in March to the highest in nearly three years on hopes inflation will ...
Trader Joe's lawsuit over 'heavy metals' in chocolate is largely dismissed
By Jonathan Stempel NEW YORK (Reuters) - A U.S. judge dismissed most of a lawsuit accusing Trader Joe's of misleading and endangering consumers by failing to disclose that its dark chocolate bars contained harmful levels of "heavy metals" such as ...
BermudAir's direct weekly flights between Halifax and Bermuda start in May
Maritimers looking for a tropical destination will be able to hop on a plane in Halifax and find themselves in Bermuda this May. BermudAir will be offering direct flights from Halifax Stanfield International Airport to Bermuda’s L.F. Wade ...
Greece's DEPA files for arbitration over prices in Gazprom deal
By America Hernandez and Angeliki Koutantou ATHENS/PARIS (Reuters) - Greek gas supplier DEPA Commercial has filed for arbitration to seek a price revision on its gas supply contract with Gazprom, DEPA CEO Constantinos Xifaras said on Thursday.
Citi says 42% of energy clients lack climate transition plans
By Isla Binnie NEW YORK (Reuters) - Almost half of the energy companies Citi lends to are lacking plans to cut greenhouse gas emissions, the fourth-largest U.S. bank said in a climate report released on Thursday. Banks are combing through their ...
WTO: China initiates dispute over US tax credits for EVs, renewables
BERLIN (Reuters) - China has initiated dispute consultations with the United States regarding tax credits under the Inflation Reduction Act to promote the production of electric vehicles and renewable energy, the World Trade Organization said on ...
SNB's Schlegel sees need for analysis of UBS's capital requirements
ZURICH (Reuters) - The Swiss National Bank's vice chairman called for an in-depth review of UBS's capital requirements in an interview with Swiss newspaper Finanz und Wirtschaft on Thursday. "We are not saying at this stage that more capital is ...
New planemaker chief says Boeing faces 'pivotal moment'
By David Shepardson (Reuters) - The new head of Boeing's troubled commercial airplane unit said the U.S. planemaker faces a "pivotal moment" as it works to boost quality and address significant concerns from regulators and airline customers after ...
Britain to follow U.S. move to halve stock settlement time
By Huw Jones LONDON (Reuters) - Britain's stock markets should halve the time it takes to settle a share trade to stay competitive and complete this shift by the end of 2027, a report recommended on Thursday, a step the UK government has backed ...