Business News

ANKARA (Reuters) – Turkey’s industrial production index is expected to have barely expanded in October, a Reuters poll showed on Wednesday, with some economists expecting a contraction as a slowdown …

BERLIN (Reuters) – Volkswagen will invest 460 million euros ($482 million) by early 2025 in its Wolfsburg plant, with most of the funds to be spent for the production of …

By Fergal Smith TORONTO (Reuters) – Canada’s dollar will rally over the coming year as major commodity consumer China loosens its COVID-19 restrictions and the Federal Reserve potentially concludes its …

(Reuters) – Employers have been asking workers with increasing urgency this year to return to the office, while workers are demanding flexibility, creating a tussle that is yet to be …

By Natalie Grover and Danilo Masoni LONDON (Reuters) – Shares of GSK and Sanofi surged on Wednesday, adding more than $20 billion in combined value in early trade following the …

By Tim Hepher PARIS (Reuters) – Airbus on Tuesday abandoned a numerical forecast for jet deliveries and a date for its key production goal but maintained financial targets as it …

FRANKFURT (Reuters) – Euro zone consumer expectations for inflation in the year ahead rose in October but predictions for three years out held steady at a rate still well above …

By Huw Jones LONDON (Reuters) – European Union plans to shift derivatives clearing worth trillions of euros from London to the bloc have ditched hardline rhetoric in favour of pragmatism …

(Reuters) – Neuralink, the Elon Musk company that Reuters reported on Monday is the target of a federal investigation over its animal trial program, has been trying to develop a …

(Reuters) – Dollarama Inc raised its full-year same-store sales forecast on Wednesday, as the Canadian discount store chain benefited from inflation-weary consumers shopping at its stores in search of cheaper …

By Rowena Edwards LONDON (Reuters) – European motorists could find Russian diesel in their tanks even after bans take effect because regulators lack tools to trace the origin of fuel …

ATHENS (Reuters) -Greece’s economy shrank in July-to-September compared with the second quarter, as declining net exports and public spending offset strong tourism, statistics service (ELSTAT) said on Wednesday. Seasonally adjusted …

LONDON (Reuters) -Applying the remaining set of global bank capital rules in Britain will increase capital requirements by about 6% by the end of the decade, the Bank of England …

(Reuters) – China’s central bank said on Wednesday it had added 32 tonnes of gold worth around $1.8 billion to its reserves, the first time it has disclosed an increase …

PARIS (Reuters) – A French watchdog has ordered U.S. e-commerce giant Amazon.com to pay 3.3 million euros ($3.5 million) in penalties for failing to modify contractual provisions related to third-party …

By Swati Bhat and Chris Thomas MUMBAI (Reuters) – India’s central bank raised its key policy rate by 35 basis points to 6.25% on Wednesday, the highest in over three …

(Reuters) – U.S. ride-hailing firm Uber Technologies Inc and driverless tech-maker Motional have launched their public robotaxi service in Las Vegas on Wednesday. Tough regulatory scrutiny and delayed commercial adoption …

By Gabriel Burin BUENOS AIRES (Reuters) – The Mexican peso will weaken only modestly in 2023 through a gathering economic slowdown as confidence in the country’s moderate policies and manageable …

By David Shepardson WASHINGTON (Reuters) – Workers begin two days of voting on Wednesday to decide whether to unionize at a General Motors-LG Energy battery cell manufacturing joint venture in …

By Marie Mannes (Reuters) – Swedish electric self-driving truck start-up Einride said on Wednesday it had agreed to raise capital of $500 million from debt, equity and the conversion of …

A look at the day ahead in U.S. and global markets from Mike Dolan. With everyone on Wall St seemingly hand wringing about stagflation next year, the price of crude …

By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) – The European tech industry saw $400 billion in value wiped out this year and an 18% decline in venture capital funding, …

By Lawrence White LONDON (Reuters) -Barclays said it had appointed Alistair Currie as chief operating officer on Wednesday, replacing Mark Ashton-Rigby, in a management reshuffle by Chief Executive C.S. Venkatakrishnan. …

BRUSSELS (Reuters) – Euro zone gross domestic product (GDP) grew by slightly more than initially estimated, data from the European statistics agency Eurostat showed on Wednesday, with household spending and …

By Sophie Yu and Martin Quin Pollard BEIJING (Reuters) – Searches on Chinese travel sites surged and social media platforms were flooded with delight and relief on Wednesday as the …