Business News

TOKYO – Japan’s manufacturing activity grew at the fastest pace in nearly eight years in January on stronger output and new orders, while cost pressures stayed elevated as firms continued …

By Eliana Raszewski BUENOS AIRES -A prominent Argentine lawmaker on Monday broke ranks with the country’s ruling party on Monday, rejecting a $44.5 billion agreement struck in principle with the …

TOKYO -Japanese retailer Seven & I Holdings Co Ltd is in final negotiations to sell its department store unit, Sogo & Seibu, the Nikkei business daily reported on Monday, amid …

TOKYO – Japan’s jobless rate fell to 2.7% in December as employment posted the biggest monthly gain in nearly 36 years, government data showed on Tuesday. The seasonally adjusted unemployment …

By David Shepardson, Eric M. Johnson and Tim Hepher WASHINGTON/SEATTLE -Qatar Airways handed Boeing Co a record launch order for 34 new 777X freighters and a surprise purchase of 737 …

By Katanga Johnson WASHINGTON -World stocks climbed higher on Monday as investors digested new optimism from the U.S. Treasury’s top economist that inflationary pressures should ease in 2022 due to …

By David Shepardson WASHINGTON -The largest U.S. labor organization said Monday it strongly supported a U.S. House of Representatives bill designed to improve competition with China, boost U.S. semiconductor production …

By Svea Herbst-Bayliss -Melvin Capital, the hedge fund that lost nearly $7 billion early last year by betting stocks like GameStop would tumble, wants to raise money for a new …

By Cassandra Garrison MEXICO CITY – Mexican broadcast powerhouse Grupo Televisa and U.S. based Univision are preparing to launch what would be the biggest Spanish-language streaming platform in the world …

By Chavi Mehta and Krystal Hu -Software company Citrix Systems said on Monday it would be taken private for $16.5 billion including debt by affiliates of Elliott Management and Vista …

By Jonnelle Marte, Howard Schneider and Ann Saphir – Federal Reserve policymakers say they’ll raise interest rates in March but spoke cautiously on Monday about what might follow, signaling a …

By Mike Stone WASHINGTON -Lockheed Martin on Monday announced that a future U.S. Air Force midair refueling tanker would be made in Alabama and Georgia, potentially creating 1,300 new jobs …

By Anthony Esposito and Miguel Gutierrez MEXICO CITY -Mexico’s economy contracted for a second straight quarter in the last three-month period of 2021, according to official data published on Monday, …

BERLIN -German annual inflation slowed in January but was still higher than expected by analysts and well above the European Central Bank’s price stability target of 2% for the euro …

By Gertrude Chavez-Dreyfuss NEW YORK -The U.S. dollar fell on Monday, posting its largest daily fall since last November as investors consolidated gains after hitting a 1-1/2-year high on Friday …

WASHINGTON – U.S. inflationary pressures should ease in 2022 due to weaker demand for goods, easing supply bottlenecks and a receding coronavirus pandemic, the U.S. Treasury’s top economist said on …

By Ann Saphir – How fast and far the U.S. Federal Reserve will raise interest rates once it begins doing so in March will depend on what happens with the …

By Stephanie Kelly NEW YORK – Oil prices rose on Monday to end January with their biggest monthly gain in a year, boosted by a supply shortage and political tensions …

By Kate Chappell KINGSTON – Jamaica will roll out its digital currency across the country in the first quarter of this year as part of an effort to lower transaction …

By Giuseppe Fonte and Valentina Za ROME -Italy’s Treasury is pushing for a change at the helm of Monte dei Paschi (MPS) of which it owns 64%, as the bailed-out …

ZURICH – Credit Suisse Wealth Management division’s new boss Francesco De Ferrari has laid out a new structure from March 1 that revamps its business areas for Europe and Latin …

FRANKFURT – A better than expected increase in fourth-quarter sales and earnings prompted HeidelbergCement to release some results ahead of schedule on Monday. Citing preliminary figures, the German cement maker …

-The U.S. Federal Reserve should start raising interest rates from near zero in March, but should keep its options open on how far to raise them after that, San Francisco …

By Howard Schneider and Jonnelle Marte – Data watched closely by the Federal Reserve showed inflation expectations remained broadly anchored through the end of last year, while an alternate measure …

By Jonnelle Marte -The Federal Reserve can move sooner to start reducing its bond holdings than in the past and aggressive action to shrink the U.S. central bank’s portfolio could …