Reuters US Business

By Hernan Nessi BUENOS AIRES (Reuters) -Argentina’s monthly inflation rate stood at 5.1% in December, official data released on Thursday showed, while annual inflation in the South American country reached nearly 95% over the previous 12-month period. December’s rate of rising consumer prices came in above the economy minister’s expectation but slightly below analyst forecasts. …

Argentina inflation tops minister’s forecast, annual rate at 95% Read More »

ZURICH (Reuters) -Logitech International on Thursday reported lower earnings and sales between October and December and cut its sales outlook, sending its shares down by almost a fifth in opening trade. The Swiss-American maker of keyboards, mice and headsets cited a difficult economic backdrop and supply chain uncertainties linked to China’s COVID-19 outbreak for numbers …

Logitech shares sink as it cuts sales outlook after weak quarter Read More »

By Rod Nickel WINNIPEG, Manitoba (Reuters) – Netherlands-based Rabobank NA is aiming to grab 10-15% of the Canadian farm lending market within 15 years, as it aims to shake up a sector dominated by government and domestic banks, its new Canadian agricultural head told Reuters on Wednesday. Canada’s status as the world’s fifth-largest agricultural product …

Exclusive-Rabobank seeks to shake up Canadian farm lending, eyes 10-15% market share Read More »

(Reuters) -Apple Inc is actively working on adding touch screens to its Mac computers, Bloomberg News reported on Wednesday, citing people familiar with the project. The first touch-screen Mac could be launched as soon as 2025 as part of an update to Apple’s MacBook Pro, the report said. Apple did not immediately respond to a …

Apple may add touch screens to Mac computers – Bloomberg News Read More »

(Reuters) – Billionaire entrepreneur Mark Cuban’s pharmaceuticals startup has tied up with pharmacy benefits manager RxPreferred Benefits, the companies said on Wednesday, in a move to offer lower priced drugs through some employer-backed health insurance plans. Mark Cuban Cost Plus Drugs provides generic drugs through direct contracts with manufacturers and charges a standard markup on …

Mark Cuban’s pharmaceuticals startup ties up with RxPreferred Read More »

(Reuters) – Walt Disney Co on Wednesday named independent director and Nike Inc Executive Chairman Mark Parker as the entertainment giant’s chairman. (Reporting by Uday Sampath in Bengaluru; Editing by Devika Syamnath)

By Diane Bartz WASHINGTON (Reuters) -Google parent Alphabet on Wednesday argued that a court should toss out a government antitrust lawsuit against it, saying that agreements it made with Apple and others to make Google the default search engine do not bar smartphone makers from promoting rivals. The statements, which were revealed in a redacted …

Google argues it doesn’t block rivals in bid to kill U.S. government antitrust lawsuit Read More »

By Steve Scherer OTTAWA (Reuters) – Canada and Mexico have won their challenge of the U.S. interpretation of content rules for autos under the new North American trade pact, a dispute panel ruled on Wednesday, a decision that favors parts makers north and south of the American border. A year ago Canada and Mexico filed …

Canada, Mexico win auto rules trade dispute with U.S. Read More »