by | Jul 26, 2024 | Business News
BEIJING (Reuters) -China’s industrial profits grew at a faster clip in June, official data showed on Saturday, even as businesses were grappling with a downshift in consumers’ sentiment amid a shaky economic recovery. A 3.6% year-on-year rise in profits last month... by | Jul 26, 2024 | Business News
(Reuters) -The International Association of Machinists and Aerospace Workers (IAM) Coalition of Organized Retail Employees (IAM CORE) reached a tentative agreement with tech giant Apple on Friday over improvement in work-life balance, pay raises and job security.... by | Jul 26, 2024 | Business News
By Jonathan Stempel NEW YORK (Reuters) – Six banks including Bank of America and Citigroup agreed to pay $80 million to settle antitrust litigation in New York accusing them of conspiring to rig prices of European government bonds. A preliminary settlement with Bank... by | Jul 26, 2024 | Business News
(Reuters) -Former Starbucks chief executive, Howard Schultz, is opposing a potential settlement between the coffee chain and activist investor Elliott Investment Management, the Financial Times reported on Friday. Schultz, who is the sixth largest shareholder with a... by | Jul 26, 2024 | Business News
By Marcela Ayres and Bernardo Caram RIO DE JANEIRO (Reuters) -G20 financial leaders said on Friday the global economy was likely heading for a “soft landing”, but warned wars and escalating conflicts could endanger this outlook, while more global cooperation could... by | Jul 26, 2024 | Business News
Warner Bros. Discovery has sued the NBA after the league did not accept the company’s matching offer for one of the packages in its upcoming 11-year media rights deal. The lawsuit was filed on Friday in New York state court in Manhattan. WBD, the parent company of...