Financial News

By Riya Sharma and Sameer Manekar (Reuters) – Australian fertility services provider Virtus Health said on Wednesday it will consider a revised buyout offer from minority owner BGH Capital, weeks …

By Florence Tan, Julia Payne and Stephanie Kelly (Reuters) -Cash prices for key crude oil grades produced in the Middle East, Europe and the United States have slumped in recent …

By Prerana Bhat and Tushar Goenka BENGALURU – The Reserve Bank of India will delay its first interest rate rise by at least four months to August at the earliest, …

By Hyunjoo Jin and Chris Prentice SAN FRANCISCO/NEW YORK -Did Elon Musk break U.S. securities laws again? Former securities officials and professors said Tesla Inc’s chief executive may have missed …

(Reuters) – The Victorian gambling regulator will launch disciplinary action and can impose fines of up to A$100 million ($75.82 million) on Crown Resorts after an inquiry found the Australian …

BRUSSELS – The European Commission proposed on Tuesday new sanctions against Russia over its invasion of Ukraine, including a ban on buying Russian coal and on Russian ships entering EU …

WASHINGTON -U.S. Treasury Secretary Janet Yellen will press multilateral development banks to channel positive net financing flows to countries hit with food insecurity prompted by the Ukraine war, she said …

By Dawn Chmielewski (Reuters) – WarnerMedia CEO Jason Kilar said the future of Hollywood is in the blockchain as he prepares to leave the media company that he helped lead …

By Caroline Valetkevitch NEW YORK – Stocks on global indexes fell on Tuesday while U.S. Treasury yields rose to multi-year highs as comments from U.S. Federal Reserve Governor Lael Brainard …

By Nivedita Balu, Greg Roumeliotis and Hyunjoo Jin (Reuters) -Twitter Inc said on Tuesday it will offer Elon Musk a seat on its board of directors, a position the Tesla …

LONDON – Global government debt is set to rise 9.5% this year to a record $71.6 trillion, driven by the United States, Japan and China, asset management firm Janus Henderson …

SAO PAULO – Toyota said on Tuesday it will close its 60-year-old plant in the Brazilian city of Sao Bernardo do Campo, its first ever outside Japan, and shift production …

WASHINGTON – Three U.S. senators wrote to the U.S. Federal Trade Commission on Tuesday to urge an investigation into “elevated and volatile” prices for gasoline, diesel and jet fuel. Senators …

By Hilary Russ (Reuters) -Starbucks Corp General Counsel Rachel Gonzalez was dismissed from her role as Howard Schultz returns to the chief executive position, according to a regulatory filing on …

FRANKFURT – The European Central Bank could cut households’ fuel bill by raising interest rates but that would weigh on industrial output and boost unemployment, the German Institute for Economic …

(Reuters) – Electric vehicle maker Rivian Automotive Inc said on Tuesday it is on track to achieve its production target of 25,000 vehicles this year, sending its shares up 2.4% …

(Reuters) – Ontario’s ruling Progressive Conservative government said on Tuesday it plans to raise the hourly minimum wage by 50 Canadian cents beginning in October, in what would be the …

WASHINGTON – The U.S. Securities and Exchange Commission (SEC) on Tuesday said it has identified a “control deficiency” that gave enforcement staff access to certain adjudicatory memoranda meant for commission …

By Fergal Smith TORONTO – Canada’s main stock index fell on Tuesday, pulling back from a record intraday high, as the potential for aggressive U.S. interest rate hikes weighed on …

MEXICO CITY -Mexican President Andres Manuel Lopez Obrador expressed concern about food inflation and asked U.S. Agriculture Secretary Tom Vilsack to work with Mexico to curb the impact of rising …

By Lewis Krauskopf, Bansari Mayur Kamdar and Praveen Paramasivam (Reuters) – Wall Street’s main indexes fell on Tuesday, dragged by weakness in tech and other growth stocks, after comments from …

By Sinead Cruise and Carolina Mandl NEW YORK – JPMorgan & Chase on Tuesday started to allow holders of depositary receipts in Russian companies to cancel them, two sources familiar …

FRANKFURT – The European Central Bank could raise interest rates back to zero already this year to fight high inflation, Belgian central bank chief Pierre Wunsch said in a magazine …

NEW YORK – Bank of America told staff earlier this week that it plans to bring workers back to offices by June 1, including those who are not vaccinated, Bloomberg …