Japan's exports logged a third straight month of double-digit gains in April led by U.S. demand, but surging global commodity costs inflated the country's import bill to a record, adding to worries about the rising cost of living.
(Reuters) -Cisco Systems Inc cut its full-year earnings forecast on Wednesday after COVID lockdowns in China and the war in Ukraine dragged sales below estimates in the third quarter, sending shares down 13% in extended trading.
U.S. labor officials on Wednesday asked Mexico to probe whether workers at a Panasonic auto parts factory were denied labor rights, marking the third U.S. labor complaint under a new trade deal that aims to improve workplace conditions in Mexico.
MEXICO CITY (Reuters) -U.S. labor officials on Wednesday asked Mexico to probe whether workers at a Panasonic auto parts factory were denied their rights, marking the third U.S. labor complaint under a new trade deal that aims to improve workplace conditions in Mexico.
Under Armour Inc said on Wednesday Patrik Frisk would step down from his role as president and chief executive officer, effective June 1.
(Reuters) -Two U.S. central bankers say they expect the Federal Reserve to downshift to a more measured pace of policy tightening after July as it seeks to quell inflation without lifting borrowing costs so high that they send the economy into recession.
Cisco Systems Inc cut its full-year earnings forecast on Wednesday after COVID lockdowns in China and the war in Ukraine dragged sales below estimates in the third quarter, sending shares down 13% in extended trading.
China receives US equipment to make advanced chips despite new rules - report
China receives US equipment to make advanced chips despite new rules-report
U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
Google's expert in US antitrust trial defends billions paid to device makers
Post-strike Hollywood rushes to get film, TV sets humming
