Two-thirds of IAEA board backs Western statement pressuring Iran
VIENNA (Reuters) – Two-thirds of the U.N. nuclear watchdog’s 35-nation Board of Governors endorsed a non-binding statement..
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Bosch to build $215 million plant in central Mexico
(Corrects description of product to be made in new plant; corrects name of parent company to Bosch Group from Bosch Ltd) MEXICO CITY (..
Business
EU will propose windfall levies on energy firms, von der Leyen says
BRUSSELS (Reuters) – The European Union will propose measures to cap revenues from low-cost electricity generators and force fos..
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Zara owner Inditex’s first-half sales surge ahead of potential slowdown
MADRID (Reuters) – Fashion brand Zara’s owner Inditex said on Wednesday that profit for the six months to July jumped by 4..
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German coalition divided over Chinese bid for Hamburg port terminal
By Andreas Rinke and Sarah Marsh BERLIN (Reuters) -Germany’s ruling coalition is divided over whether to let China’s Cosco..
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Upset by high prices, GM’s Cruise develops its own chips for self-driving cars
By Jane Lanhee Lee and Hyunjoo Jin SAN FRANCISCO (Reuters) – General Motors’ autonomous driving unit Cruise has developed ..
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Virgin Australia says high staff illness rates hampering capacity, lifting fares
By Jamie Freed SYDNEY (Reuters) – Virgin Australia has been unable to provide enough domestic capacity to meet demand, which is ..
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Starbucks projects profit growth from tech, stores, workers spending
By Hilary Russ SEATTLE (Reuters) -Starbucks Corp projects profits to grow between 15% to 20% per share over the next three years, a si..
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JPMorgan, BofA cautious on job cuts as Goldman layoffs loom
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -JPMorgan Chase and Bank of America, the two largest U.S. banks by assets, express..
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Stocks tumble, dollar rallies as soaring U.S. inflation implies an aggressive Fed
(Updates after U.S. close, adds commentary) By Sinéad Carew NEW YORK (Reuters) – The dollar index rallied on Tuesday and the S&a..
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