Business News

By Fergal Smith TORONTO (Reuters) -Ontario on Monday projected a smaller budget deficit for the current fiscal year as robust economic growth boosted tax revenues in Canada’s most populous province, …

By Valentina Za MILAN (Reuters) -Italy’s Intesa Sanpaolo said on Monday it was selling its entire 5.1% stake in Nexi, in an effort to cash in on a recent rally …

By Howard Schneider and Ann Saphir (Reuters) -The Federal Reserve will likely soon slow its interest rates hikes, Fed Vice Chair Lael Brainard signaled on Monday, as the U.S. central …

By Paul Carrel LAUSANNE, Switzerland (Reuters) -Swiss National Bank Chairman Thomas Jordan issued another rate rise warning on Monday, saying it was likely the central bank will need to act …

By Nelson Acosta and Marc Frank HAVANA (Reuters) – Cuba has cut by half its original forecast for growth in 2022, the head of its chamber of commerce said on …

MEXICO CITY (Reuters) – Colombian industrial conglomerate Grupo Argos’ third-quarter net profit fell 9.2% from a year earlier, the company said Monday, following a jump in costs and expenses. The …

(Reuters) – ICE cotton futures fell as much as 3.5% on Monday, and were set for their biggest drop in eleven sessions, as a bounce-back in the U.S. dollar dented …

MEXICO CITY (Reuters) – The Bank of Mexico’s “synchronization” with the U.S. Federal Reserve on monetary policy is conditional, central bank board member Galia Borja said at an event Monday. …

(Reuters) -Cryptocurrency lender BlockFi said on Monday it has significant exposure to Sam Bankman-Fried’s crypto exchange FTX, and associated entities, that last week filed for bankruptcy. FTX founder Bankman-Fried also …

(Reuters) – Officials from U.S. President Joe Biden’s administration are finalizing a request this week for about $10 billion in public health funds by the end of the year, The …

LONDON (Reuters) – London Metal Exchange approved warehouses have not seen a surge of Russian metal after unfounded worries that the bulk of consumers would shun the metal, the LME …

By Carolina Mandl NEW YORK (Reuters) – Scion Asset Management’s Michael Burry, known for his timely bets against housing ahead of the 2008 financial crisis, added five new companies to …

(Reuters) -Recent turmoil in the cryptocurrency market shows the need for it to be firmly regulated the same way traditional finance is, Federal Reserve Vice Chair Lael Brainard said on …

(This Nov. 10 story has been refiled to correct Oracle’s inactive stock symbol in the first paragraph) By Jane Lanhee Lee and Chavi Mehta (Reuters) – Advanced Micro Devices Inc …

By Shreyashi Sanyal and Devik Jain (Reuters) -European shares closed higher on Monday driven by positive updates from companies including Germany’s Infineon and Britain’s Informa, while investors positioned themselves for …

MADRID (Reuters) -Truck drivers, who brought Spain to a halt earlier this year, began a new strike on Monday as hundreds marched through the capital Madrid demanding changes to road …

(Reuters) – Energy firms are using a chunk of their bumper quarterly profits from surging natural gas and fuel prices to reward shareholders with higher dividends and share buybacks. The …

By Clare Jim HONG KONG (Reuters) – Chinese property stocks and bonds rose sharply on Monday after news of further support measures from Beijing to boost liquidity in the sector, …

FRANKFURT (Reuters) – Euro zone wage growth may finally be picking up but longer-term inflation expectations are still anchored around the European Central Bank’s 2% target, ECB Vice President Luis …

By Nathan Gomes and Priyamvada C (Reuters) – United Rentals Inc said on Monday it would acquire the assets of smaller rival Ahern Rentals Inc for about $2 billion in …

By Shadia Nasralla SHARM EL-SHEIKH, Egypt (Reuters) – The heads of two big natural gas companies told Reuters on Monday they were seeking to use the setting of the COP27 …

By Deborah Mary Sophia (Reuters) – Home Depot Inc and Lowe’s Cos Inc are likely to report rising sales in the third quarter as Americans continue to spend on home …

TRENTON, NJ – New Jerseyans struggling financially are about to get an eye-opening rude awakening this week when they start to go food shopping for their Thanksgiving dinner. According to …

By Michael S. Derby (Reuters) – Americans are bracing for higher levels of inflation over the next few years amid a major jump in the expected price of gasoline, a …

SAO PAULO (Reuters) -Brazilian planemaker Embraer SA on Monday reported a narrower third quarter net loss and boosted its free cash flow outlook for the full year, but acknowledged that …