International Business

Google must divest Chrome to restore competition in online search, DOJ says

Former Caisse executives face U.S. charges in alleged bribery scheme involving Indian billionaire

U.S. gathers allies to talk AI safety measures after Trump vows to repeal Biden’s signature policy

Two U.S. Federal Reserve governors stake out competing views of inflation risk

U.S. crude and gasoline inventories rose last week, while distillates post drop: EIA

Former FTX executive Gary Wang avoids prison time over crypto fraud

Comcast to spin off some cable TV networks as streaming dominates

Ford to cut 4,000 jobs in Europe and Britain, cites disruptive shift to EVs, economic headwinds

TJX raises annual profit forecast as off-price stores attract bargain hunters

Archegos founder Bill Hwang sentenced to 18 years in prison for massive U.S. fraud

EV battery maker Northvolt appoints restructuring expert to oversee main facility in Sweden

Target shares plunge as retailer expects stagnant holiday quarter sales

British inflation jumps to 2.3%, underscoring Bank of England’s stance for gradual rate cuts

Volkswagen union offers €1.5-billion in cost savings if automaker rules out closing German plants

Oil settles down on strong US supply, losses capped by Ukraine escalation

Comcast to proceed with plans to spin off its cable channels

Funding for buyout of Seven & i by founding family to be finalized by end of December, sources say

Trump chooses billionaire, key transition adviser Howard Lutnick for commerce secretary

Andreessen Horowitz-backed studio Promise to start producing movies, series using AI

Elon Musk’s X adds Twitch as defendant in lawsuit over advertising ‘boycott’ of social media platform

Walmart, other U.S. companies raise concerns over proposed Trump tariffs

Swedish government has no plans to take stake in EV battery maker Northvolt, deputy PM says

Reuters taps Sally Buzbee to be News Editor for U.S. and Canada

Lowe’s same-store sales forecast boosted by storm recovery; muted DIY spending weighs

Walmart raises annual forecasts again, signaling holiday shopping surge beyond essentials

Seven & i’s founding family reportedly aims to raise US$52-billion for buyout this year

Oil settles flat as escalation of Ukraine war counters Sverdrup field restart

Australian gold mining company to pay Mali’s junta US$160-million after CEO, two employees detained

Inside the NBA to air on ESPN and ABC next season as part of settlement with league

Liberty Energy names successor after Trump picks CEO Chris Wright as energy secretary nominee

Crisis-hit EV battery maker Northvolt struggles to hit production targets

Young people push through anger to fight for hope at COP29 climate summit

Nomura expects U.S. Federal Reserve to pause rate-cut cycle in December

Trump’s treasury pick could give an indication of what he plans to do about tariffs

Spirit Airlines, pioneer of no-frills travel in U.S., files for bankruptcy protection

Oil prices up nearly 3% on Sverdrup outage, Ukraine war escalation

Amazon, SpaceX to test U.S. labour board’s powers at conservative appeals court

Elon Musk expands lawsuit against OpenAI, adding Microsoft as defendant and antitrust claims

Austria says Russia will suspend gas deliveries to country beginning Saturday

GM lays off about 1,000 workers as it looks to cut costs in bid to compete in crowded auto market

Solid U.S. retail sales in October underscore economy’s resilience

Trump’s transition team plans to kill Biden’s EV tax credit, sources say