Business

By Selena Li HONG KONG (Reuters) - The world's largest asset manager BlackRock on Friday promoted Susan Chan, its deputy head for Asia Pacific to lead the region, a company spokesperson confirmed to Reuters. Chan succeeds Rachel Lord, who took the APAC top job in...

By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines on Friday scaled down its profit outlook for the current year, citing higher costs, supply chain issues and macroeconomic uncertainties. The company's shares fell more than 8% shortly after midday, dragging down...

By Lucia Mutikani WASHINGTON (Reuters) - U.S. producer prices unexpectedly fell in December amid declining costs for goods such as diesel fuel and food, suggesting inflation would continue to subside and allow the Federal Reserve to start cutting interest rates this...