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By Howard Schneider WASHINGTON (Reuters) - The rush to online shopping during the pandemic drove prices higher for goods ordered over the internet, eroding a long-standing cost advantage and possible ...

By Paul Sandle LONDON (Reuters) - British cable and mobile provider Virgin Media O2 said it would upgrade its entire network serving 15.5 million premises to full fibre by 2028, stepping up its challe...

(Reuters) -Electric aircraft startup Archer's pro forma enterprise value has been cut to $1.7 billion from $2.7 billion as part of a revised deal, Archer and blank-check firm Atlas Crest Investment Co...

By Tracy Rucinski CHICAGO (Reuters) - American Airlines said on Thursday it is proposing acquiring a minority stake in budget carrier JetSMART in South America as part of a tie-up aimed at fueling gro...

NEW YORK (Reuters) -Trevor Milton, the founder of electric truck maker Nikola Corp, has been indicted on charges of making false and misleading statements to investors, the U.S. Department of Justice ...

By Douglas Busvine BERLIN (Reuters) - A top German court has ruled that Facebook acted illegally in taking down racist posts and blocking the account of their author because the social network failed ...

By Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy contracted at a record average annualized rate of 19.2% from its peak in the fourth quarter of 2019 through the second quarter of 2020, govern...

NEW YORK (Reuters) - The International Monetary Fund must ramp up its resources as it seeks to "monitor, advise on, and help manage this far-reaching and complex transition" to digital money, accordin...

BERLIN (Reuters) - Germany's annual consumer price inflation accelerated by more than expected in July, rising further above the European Central Bank's target of close to but below 2%, the Federal St...

LONDON (Reuters) - The Bank of England said on Thursday that it would end a facility that allowed British-based financial institutions to access funds in euros, due to improved market conditions which...