Business News

TAIPEI (Reuters) – TSMC’s Taiwan-listed shares opened up more than 4% on Tuesday after Warren Buffett’s Berkshire Hathaway Inc said it had bought more than $4.1 billion of stock in …

(Reuters) – FTX founder and former Chief Executive Sam Bankman-Fried said he expanded his business too fast and failed to notice signs of trouble at the exchange, whose downfall sent …

By Anant Chandak BENGALURU (Reuters) – Bank Indonesia will deliver a third consecutive 50 basis point interest rate rise on Thursday, according to a strong majority of economists polled by …

By Paresh Dave SAN FRANCISCO (Reuters) -“Fortnite” video game maker Epic Games on Monday asked a three-judge federal appeals panel to overturn portions of a lower court antitrust ruling that …

By Mike Stone WASHINGTON (Reuters) – Ukraine has made a new appeal for the United States to supply it with powerful drones and anti-drone missiles, hoping Washington will reverse its …

Australia’s central bank expects to raise interest rates further over the period ahead but stuck with a smaller hike this month partly due to concerns of falling housing prices hurting …

By David Shepardson WASHINGTON (Reuters) – The U.S. Transportation Department said Monday that six airlines were slapped with $7.25 million in penalties and agreed to issue $622 million in passenger …

Australia’s central bank intends to limit its use of forward guidance on policy after its usage during the pandemic drew criticism when rates were raised much earlier than previously envisaged. …

By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks ended lower on Monday in choppy trade and U.S. bond yields rose as investors assessed comments from Federal …

By Sameer Manekar (Reuters) -Australia’s top fertiliser maker Incitec Pivot Ltd said on Tuesday it received a number of potential buyout offers for its U.S. ammonia manufacturing facility, sending its …

By Chris Prentice (Reuters) -U.S. prosecutors in New York are probing FTX’s collapse, a source with knowledge of the investigations said, after the crypto exchange filed for bankruptcy protection last …

By Lewis Krauskopf, Ankika Biswas and Amruta Khandekar (Reuters) – Wall Street’s main indexes ended lower on Monday, with real estate and discretionary sectors leading broad declines, as investors digested …

By Lucy Craymer WELLINGTON (Reuters) -The New Zealand house price index saw its largest drop in 30 years last month and sales activity was particularly soft, fuelling expectations that prices …

By John McCrank and Alun John NEW YORK (Reuters) -Regulators opened probes following last week’s spectacular collapse of crypto exchange FTX and rival exchanges sought to reassure jittery investors of …

(Reuters) -Australia’s Nitro Software said on Tuesday its board had determined the near A$500 million ($335 million) offer from KKR Inc’s Alludo to be “superior” to an earlier bid from …

By Ludwig Burger (Reuters) – Roche’s Alzheimer’s drug candidate could not be shown to slow dementia progression in two drug trials, leaving rivals Biogen and Eisai as leaders in a …

(Reuters) – Hedge fund Elliott Investment Management raised its stake in social media platform Pinterest while adding Clarivate Plc, Cardinal Health and Triple Flag Precious Metals Corp to its portfolio, …

By David Randall and Svea Herbst-Bayliss NEW YORK (Reuters) -Farallon Capital Management, Triatomic Capital and Franklin Resources Inc were among the large investors that added positions in Twitter Inc over …

(Reuters) -Michael Barr, the Federal Reserve’s top regulatory official, said Monday the U.S. central bank is watching for any stresses to the financial system amid a weakening economy, and signaled …

(Reuters) – Amazon.com Inc founder Jeff Bezos will give away a majority of his $124 billion wealth during his lifetime, the billionaire told CNN in an interview on Monday. Without …

(Reuters) – Illumina Inc said on Monday it was cutting 5% of its global workforce to realign its operating expenses as stubborn inflation and a strong dollar weigh on the …

By Diane Bartz and Paresh Dave WASHINGTON (Reuters) – Elon Musk’s lawyer late last week sought to reassure Twitter Inc employees that they would not be held personally liable if …

By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – Ghana picked financial advisers Lazard and Global Sovereign Advisory (GSA) as it prepares for a rework of its overseas and …

(Reuters) – British Prime Minister Rishi Sunak will increase the national living wage and give 8 million households cost-of-living payments worth up to 1,100 pounds($1,292.61), The Times reported on Monday. …