Reuters US Business

By Jesús Aguado, David Latona and Joan Faus MADRID/BARCELONA (Reuters) -The return of Spanish bank Sabadell’s headquarters to Catalonia will be a boost for the region after years of political turmoil, Socialist regional leader Salvador Illa said on Wednesday. The bank will be the first big company to return to Catalonia after thousands left following …

Sabadell’s return will be a boost for Catalonia, regional leader says Read More »

By Jessica DiNapoli and Ananya Mariam Rajesh NEW YORK (Reuters) – U.S. consumer goods maker Procter & Gamble will again look to hike prices on its household basics such as Tide detergent if President Donald Trump imposes new tariffs that increase the cost of imports, an executive said Wednesday. “Whatever the administration decides to do, …

Tide detergent maker P&G eyes new price hikes to offset looming tariffs Read More »

By Divya Chowdhury and Niket Nishant DAVOS, Switzerland (Reuters) – A strong U.S. economy and lower interest rates could foster a surge in the number of initial public offerings in 2025, building on the recent momentum, a top executive at the New York Stock Exchange said on Wednesday. The change of guard at the Securities …

Davos- Top NYSE exec sees robust US IPO activity in 2025 Read More »

By Ananya Mariam Rajesh and Jessica DiNapoli (Reuters) -Procter & Gamble beat quarterly estimates for sales and profit on Wednesday, as demand for its dish soaps and toilet paper grew in the United States, while the China market showed signs of recovery after a few rough quarters. Shares of P&G, considered a bellwether for the …

P&G beats targets for sales, profit on improving US demand for homecare products Read More »

By Manya Saini and David French (Reuters) -Venture Global LNG on Wednesday slashed the valuation it sought from a U.S. initial public offering to $65.33 billion, significantly lower than the initial target of $110 billion. The revision by the second-largest exporter of liquefied natural gas in the United States follows days of marketing to potential …

LNG exporter Venture Global cuts target valuation for US IPO to $65.3 billion Read More »

By Patrick Wingrove and Bhanvi Satija (Reuters) – Johnson & Johnson, fresh off a $14.6 billion deal to buy neurological drugmaker Intra-Cellular, reported fourth-quarter revenues and profit above Wall Street estimates on Wednesday, driven by strong sales of its cancer treatments. J&J has been on an acquisition spree to boost its drugs and device businesses …

J&J beats quarterly sales and profit estimates on cancer drug sales Read More »

(Reuters) – JPMorgan Chase CEO Jamie Dimon and Tesla chief Elon Musk, once adversaries in a prolonged legal battle, have settled their differences, the banker told CNBC in an interview on Wednesday. “Elon and I have hugged it out,” Dimon said, while praising Musk for running multiple high-profile companies such as Tesla, SpaceX and Neuralink. …

JPMorgan chief Dimon praises former adversary Elon Musk, CNBC reports Read More »

By Curtis Williams HOUSTON (Reuters) – Three companies developing liquefied natural gas (LNG) projects in Texas and Louisiana said they will move full speed ahead with their plans after U.S. President Donald Trump lifted the previous administration’s freeze on export permits. Trump’s executive order effectively reversed a pause on permits for new projects that former …

LNG companies hail Trump decision to lift freeze on export permits Read More »