By Lucia Mutikani WASHINGTON (Reuters) - U.S. unit labor costs were much weaker than initially thought in the third quarter amid robust worker productivity, providing a boost to the Federal Reserve's fight against inflation. The inflation outlook was further brightened…
PARIS (Reuters) - French food company Danone said on Wednesday that it is in exclusive talks with Italian chocolate firm Ferrero over the sale of Danone's Michel et Augustin brand, whose cookies, cheese and charcuterie adorn the shelves of French…
By Shivansh Tiwary (Reuters) -Delta Air Lines top executives on Wednesday signaled robust international travel demand going into 2024 as consumers spend more on experiences than on material items. Speaking at the Morgan Stanley Global Consumer Conference, CEO Ed Bastain…
By Emma Rumney LONDON (Reuters) - British American Tobacco said it would take a hit of around $31.5 billion as it writes down the value of some U.S. cigarette brands, acknowledging on Wednesday that its traditional market has no long-term…
By Dawn Chmielewski (Reuters) - Walt Disney began offering Hulu as part of its namesake streaming service on Wednesday, bolstering Disney+'s family-friendly content with more general entertainment fare, such as FX's intense kitchen drama "The Bear" and the popular reality…
By Joseph White, Hyunjoo Jin and David Shepardson (Reuters) -General Motors' Cruise robotaxi unit could face $1.5 million in fines and additional sanctions over its failure to disclose details of an Oct. 2 accident in which a robotaxi dragged a…
By Inti Landauro MADRID (Reuters) -A group representing 83 Spanish media outlets has filed a 550 million euro ($600 million) lawsuit against Facebook owner Meta Platforms, citing unfair competition in the advertising market in a case that could be replicated…
By Hari Kishan BENGALURU (Reuters) - Global property prices in most major markets will rise over the next two years, albeit at a slightly slower pace than predicted three months ago as strong demand and tight supply overshadow higher interest…
By Tom Hals WILMINGTON, Delaware (Reuters) - A Delaware judge said she will grant a January trial requested by Warren Buffett's Berkshire Hathaway, if it agrees to certain conditions, to resolve claims that billionaire Jimmy Haslam tried to improperly inflate…
By Hannah Lang WASHINGTON (Reuters) -The dollar ticked higher on Monday, regaining some ground after falling for three straight weeks on bets that the U.S. Federal Reserve will soon be cutting interest rates, while bitcoin breached $42,000 for the first…
