(Reuters) - Technology companies, crypto exchanges and financial firms are cutting jobs and slowing hiring as global economic growth slows due to higher interest rates, red-hot inflation and an energy crisis in Europe. In a sign of a tough second…
By Noah Browning LONDON/NEW YORK (Reuters) - Global oil prices dropped on Thursday to their lowest levels since before Russia's February invasion of Ukraine, as traders fretted over the possibility of an economic recession later this year that could torpedo…
By Jessica DiNapoli NEW YORK (Reuters) -Ben & Jerry's independent board said parent company Unilever Plc, with which it is locked in a dispute over the sale of its Israeli business, had frozen its directors' salaries in July as a…
By Richa Naidu and Sachin Ravikumar LONDON (Reuters) - Consumer-focused firms are seeing no shortage of demand despite the soaring cost-of-living, prompting several to upgrade sales forecasts for the current year, though questions remain about how long that will last.…
By Ece Toksabay and Ali Kucukgocmen ISTANBUL (Reuters) - Deck cadet Burak Kinayer, 19, is waiting to hear when he will set sail home to Turkey after five months of being stranded by the war in the Ukraine now a…
By Toby Sterling and Hilary Russ AMSTERDAM/NEW YORK (Reuters) - When food delivery service Grubhub struck a deal with Amazon earlier this month, offering Prime customers a year's free delivery, shares in rivals slumped. The deal, a lifeline for Grubhub…
By Arathy Somasekhar and Timothy Gardner HOUSTON/WASHINGTON (Reuters) - A tanker carrying a liquid fertilizer product from Russia is about to arrive in the United States, sources and vessel tracking data showed in recent days, at a time of widespread…
By Humeyra Pamuk WASHINGTON (Reuters) - Little known are the names of the Americans detained abroad despite their years' long plight to regain their freedom, but now, thanks to a work of art unveiled on Wednesday in the U.S. capital,…
(This July 19 story corrects timeframe in fifth paragraph from "a year ago" to "a quarter ago") By Hyunjoo Jin and Nivedita Balu (Reuters) - Tesla Inc's second-quarter results on Wednesday are expected to show the strains of China's COVID-19…
By Joseph White and Ben Klayman DETROIT (Reuters) - Electric vehicle startups that promised to disrupt the automotive industry by using a software- and technology-heavy approach are now scrambling to cut costs amid the type of industry slowdown that has…