Business News

By Matt Scuffham and Noor Zainab Hussain – Goldman Sachs’ U.S.-based staff returned to the office for the first time this year on Tuesday, with rival banks set to follow …

By Patturaja Murugaboopathy – U.S. high yield bond exchange-traded funds saw record monthly outflows in January as investors ditched assets likely to be hit by an increase in market volatility …

LONDON -Tesco, Britain’s biggest retailer, said on Tuesday 1,600 roles were at risk of redundancy due to operational changes at stores, including the removal of night shifts to restock shelves. …

By Juliette Portala and Pushkala Aripaka – Debt-ladden Cineworld is in talks to delay payments to former “dissenting” shareholders of its U.S. division Regal, the British chain said on Tuesday, …

By Supantha Mukherjee STOCKHOLM – WarnerMedia’s HBO Max streaming service will launch in 15 European countries, including Poland, Portugal and Romania, on March 8, making it available in 61 territories …

LONDON – The maker of Irn-Bru, the iconic orange Scottish soft drink, said on Tuesday that it had increased its prices due to soaring inflation in Britain. Consumer prices are …

LONDON – Euro zone manufacturing activity accelerated last month as supply chain bottlenecks eased, although the improvement was not evenly spread across member countries and factories still faced high inflationary …

A look at the day ahead from Sujata Rao. Reserve Bank of Australia governor Philip Lowe stood firm on Tuesday against markets pricing several interest rate rises this year, showing …

By Maki Shiraki and Jamie Freed TOKYO -ANA Holdings Inc surprised with a small third-quarter operating profit on Tuesday but Japan’s biggest airline still expects a loss for the year, …

By James Davey LONDON – British grocery inflation rose to 3.8% in the four weeks to Jan. 23, with the prices of savoury snacks, crisps and beef rising the most, …

LONDON – British house price growth accelerated in January, marking the strongest start to any year since 2005, mortgage lender Nationwide said on Tuesday. House prices jumped by 0.8% in …

PARIS – French inflation fell less than expected in January as it eased back from a 13-year high on lower prices for manufactured goods due to winter sales, preliminary EU-harmonised …

By Makiko Yamazaki TOKYO -Nomura Holdings Inc, Japan’s biggest brokerage and investment bank, reported on Tuesday a 38.7% drop in third-quarter net profit as the pandemic-era trading boom waned. But …

By Praveen Menon -A report released by Rio Tinto on Tuesday outlined a culture of bullying, harassment and racism at the global mining giant, including 21 complaints of actual or …

COPENHAGEN – Enzymes maker Novozymes on Tuesday reported fourth quarter operating profit slightly below expectations but said it expected sales to grow organically by between 3-7% in the next financial …

By Kate Abnett BRUSSELS – European Union plans to require the aviation sector to use more sustainable fuels are not ambitious enough and the EU should let member states set …

(This Jan 28 story corrects investment figure to $1.8 bln, from $1.9 bln in headline) SHANGHAI – China’s Great Wall Motor said on Friday it will invest 11.5 billion yuan …

By Lewis Krauskopf NEW YORK – 2022 is off to a turbulent start for U.S. stocks. Even as the market recouped some losses in the last two sessions of the …

By Erwin Seba HOUSTON -Negotiators for the United Steelworkers union (USW) and U.S. oil and chemical companies late Monday agreed to continue talks on a new contract after a strike …

HOUSTON – U.S. oil refiners have offered union oil and chemical workers a 9% pay raise over three years, according to people familiar with the matter, as talk on a …

BENGALURU – Shares of India’s Tata Motors Ltd fell 3.7% on Tuesday, after the Jaguar Land Rover (JLR) owner reported a bigger quarterly loss than expected and warned of rising …

– Building material maker Boral Ltd will return A$3 billion ($2.12 billion) to its shareholders using mostly proceeds from the sale of several North American businesses that helped it refocus …

By Wayne Cole SYDNEY – Australia’s central bank kept its cash rate at a record low of 0.1% on Tuesday and ended its A$275 billion ($194.40 billion) bond buying campaign …

DUBLIN -The Irish airline Ryanair on Monday urged Belarus to guarantee that there would be no repeat of the forced landing of one of its flights last May, and said …

By Tetsushi Kajimoto and Takaya Yamaguchi TOKYO -Japan’s top currency diplomat Masato Kanda said a weak yen has both merits and demerits for the economy due to the country’s changing …