Business
Starbucks and US workers' union meet for contract negotiations
(Reuters) - Starbucks held contract negotiations with the Workers United union over a two-day session in Atlanta, both the parties said on Friday, with plans to meet again in late May. The coffee chain and Workers United, that represents ...
General Motors to shut manufacturing operations in Colombia, Ecuador -statement
(Reuters) - Car maker General Motors will close its manufacturing operations in Colombia and Ecuador, the company said in a statement on Friday, as part of its shift towards producing next-generation vehicles. Manufacturing will cease at ...
Porsche AG posts Q1 profit drop on ramp-up costs
FRANKFURT (Reuters) - Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year of product launches in history. Operating profit in the first ...
IGNITE Atlantic signs MOU with Indian grassroots innovation organization
IGNITE Atlantic had signed a Memorandum of Understanding (MOU) with Gujarat Grassroots Innovations Augmentation Network (GIAN) on April 24. The MOU represents a strategic alliance facilitating knowledge and technology transfers and innovation ...
Column-US bond price slide puts buyers to the test: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - The latest figures showing the surprising - some would say alarming - durability of U.S. inflation are also re-focusing the spotlight on the source and strength of demand for U.S. Treasuries. Bonds ...
EU's Vestager meets French tech firm Mistral AI amid competition concerns
By Sudip Kar-Gupta BRUSSELS (Reuters) - European Union antitrust chief Margrethe Vestager, who has been looking into Big Tech's partnerships with AI start-ups, met on Friday fast-growing French start-up company Mistral AI and said the sector ...
Mexico's FEMSA revenues climb 11% on Oxxo, Coca-Cola growth
MEXICO CITY (Reuters) - Mexico's FEMSA, which controls one of the largest Coca-Cola bottlers and a string of convenience store chains, posted an 11% increase in revenue in the first quarter, boosted by growth across nearly all its business ...
Pope will attend G7 summit to discuss AI, Italy says
ROME (Reuters) -Pope Francis will attend this year's Group of Seven (G7) leaders' summit to discuss the challenges posed by Artificial Intelligence (AI), Italian Prime Minister Giorgia Meloni said on Friday. The meeting is being held in the southern ...
Brazil's inflation slows to 0.21% in mid-April
SAO PAULO (Reuters) - Brazil's consumer prices rose slightly less than expected in the mid-April reading, data from statistics agency IBGE showed on Friday. Prices in Latin America's largest economy rose 0.21% in the month to mid-March, below the ...
Brazil's central bank chief says no mechanical relationship between uncertainties and policy
By Marcela Ayres BRASILIA (Reuters) - Brazil's central bank chief said on Friday that the environment of greater uncertainties does not have a mechanical relationship with the conduct of monetary policy, emphasizing that U.S. interest rates are ...