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 Lisa Baertlein and Aishwarya Nair (Reuters) - United Parcel Service on Tuesday said it will not lift the number of packages it delivers for Amazon.com, its biggest customer, as it focuses on shipments with the highest financial returns. The…
By Daniel Trotta (Reuters) - Much of the United States will experience another heat wave this week, with above-normal temperatures forecast for the Pacific Northwest, Southern Plains and the Lower Mississippi Valley. The extreme heat is fueling a fast-moving California…
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 Jonathan Cable, Leika Kihara and Dan Burns LONDON/TOKYO/NEW YORK (Reuters) -The global economy looks increasingly likely to be heading into a serious slowdown, just as the highest inflation in a generation prompts central banks to aggressively reverse the ultra-loose…
By Mehnaz Yasmin and Manya Saini (Reuters) -American Express Co's quarterly card spending soared to a record as pandemic-weary travelers shrugged off rising airfare to throng airports, helping the company raise its annual revenue forecast and sending its shares 5%…
By Luc Cohen and Hannah Lang NEW YORK (Reuters) -A former product manager at Coinbase Global and two others have been charged with wire fraud in the first insider trading case involving cryptocurrency, U.S. prosecutors in Manhattan said on Thursday.…
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…