By Renju Jose and Lewis Jackson SYDNEY (Reuters) -An Australian union alliance on Friday called off strikes at Chevron’s two major local liquefied natural gas (LNG) projects, agreeing to resolve disputes that had threatened to disrupt around 7% of global LNG supplies. The union alliance and Chevron accepted proposals on pay and conditions from the […]

(Reuters) – Alphabet’s Google said on Thursday it does not see any change in its relationship with Broadcom following a media report the tech giant considered dropping the chipmaker as a supplier of artificial intelligence chips as early as 2027. Broadcom shares pared losses after falling as much as 4.3% following The Information’s report Google […]

By Jonathan Stempel NEW YORK (Reuters) -A federal judge on Tuesday said DoorDash, Grubhub and Uber Eats can sue New York City over a law capping how much they can charge restaurants for delivering meals. U.S. District Judge Gregory Woods in Manhattan said the plaintiffs adequately alleged that the law violates the U.S. Constitution and […]

(Reuters) – Bankrupt drugmaker Mallinckrodt is in talks with major investors about selling some or all of its business units, which could lead to its exit from the opioid business, the Wall Street Journal reported on Monday, citing people familiar with the discussions. Some investors, poised to take control through the company’s ongoing bankruptcy proceedings, […]

By Nick Carey and Lisa Baertlein LONDON/LOS ANGELES (Reuters) – A clutch of European and U.S. delivery company startups is racing to serve the growing market for offering zero-emission, electric last-mile deliveries in cities to retailers and consumers before giant shippers do the same. The likes of Germany’s Liefergrun, the UK’s Zedify and Packfleet, and […]

By Laurie Chen and Xiaoyu Yin TONGCHUAN, China (Reuters) – Construction worker Shi Tieniu bought a presale apartment in an industrial city in northwestern China’s Shaanxi province, billed as a “superior product” to be “passed down through generations”. Eight years later, it is an unfinished shell, and every night he must climb 20 flights of […]

By David Shepardson (Reuters) -A first-ever simultaneous strike at the Detroit Three carmakers by the United Auto Workers grew all but certain on Thursday with little progress reported in talks hours before a contract deadline expires. The union – which represents 146,000 U.S. auto workers – is asking for 40% pay raises through September 2027 […]

By Pete Schroeder WASHINGTON (Reuters) – U.S. bank groups on Tuesday accused the Federal Reserve and other regulators of violating federal laws with a sweeping proposal to raise capital requirements, escalating an assault on the draft rules that were also blasted by bank executives. In a public letter to the agencies, the groups representing JPMorgan […]