Business News

SINTRA, Portugal (Reuters) – The European Central Bank will likely keep raising interest rates after its next meeting even as the economy slows because inflation remains too high, ECB policymaker …

By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s Finance Minister Shunichi Suzuki kept up verbal warnings on Tuesday against the yen’s depreciation, saying he would respond appropriately if currency moves became …

A look at the day ahead in European and global markets from Vidya Ranganathan. The U.S. dollar’s protracted smile is making China and Japan uncomfortable. China, unencumbered as it is …

By Saqib Iqbal Ahmed NEW YORK (Reuters) -Investors are watching a large hedged-equity fund’s quarterly refresh of its options positions and quarter-end rebalancing by portfolio managers to potentially influence U.S. …

By Selena Li HONG KONG (Reuters) -China’s new offshore listing rules for domestic companies have left bankers and lawyers who work on listings unsure how to take on liabilities and …

By Vivek Mishra and Anant Chandak BENGALURU (Reuters) – India’s current account balance likely turned positive in January-March, marking the first quarterly surplus in nearly two years thanks to a …

(Reuters) -Starbucks plans to issue “clearer” centralized guidelines for in-store visual displays following a union’s allegations that managers banned Pride-themed decor, the coffee chain said in an internal memo to …

By Jane Lanhee Lee OAKLAND, California (Reuters) – Snowflake a cloud data analytics company, is partnering with computing company Nvidia to allow customers ranging from financial institutions to healthcare and …

By Muyu Xu and Emily Chow KUALA LUMPUR (Reuters) -Saudi Aramco believes market fundamentals remain “sound” for the second half as demand from emerging markets led by China and India …

By Melanie Burton BRISBANE (Reuters) -Australia’s critical minerals strategy does not need the sugar hit of more subsidies as good projects will find investment, but the country needs to hasten …

By Brendan Pierson (Reuters) – A California man suing Johnson & Johnson told jurors on Monday how his life was upended by a cancer diagnosis that he blames on using …

By Iain Withers and Chiara Elisei LONDON (Reuters) – HSBC’s move to ditch its 45-floor Canary Wharf tower in favour of a much smaller development in central London is one …

By Sinéad Carew, Sruthi Shankar and Johann M Cherian (Reuters) – U.S. stocks closed lower on Monday, as investors were wary of betting on riskier assets before seeing the outcome …

By Chibuike Oguh NEW YORK (Reuters) -Shares of SL Green Realty Corp surged on Monday after the real estate investment trust (REIT) said it had sold a nearly 50% stake …

By Marc Jones LONDON (Reuters) – The world’s central bank umbrella body, the Bank for International Settlements (BIS), called on Sunday for more interest rate hikes, warning the world economy …

MANILA (Reuters) – Philippine Finance Secretary Benjamin Diokno said he expected the central bank, of which he is a policymaker, to take a “long pause” in raising interest rates steady …

(Reuters) -Trading platform Robinhood Markets said on Monday it was cutting some of its full-time jobs, as it looks to offset costs amid slowing demand for its services. The Menlo …

(Reuters) – U.S. investment giant Blackstone Inc is fielding offers for half of its interest in the real estate of the Bellagio hotel in Las Vegas, Bloomberg News reported on …

By Hyunjoo Jin (Reuters) – A Tesla vehicle that was operating on its Autopilot software crashed into a stationary truck on a highway in Pennsylvania on Friday night, police said, …

WASHINGTON (Reuters) -The U.S. Army said on Monday it had selected General Dynamics and American Rheinmetall to compete to replace the Bradley fighting vehicle, in a deal that could be …

By Svea Herbst-Bayliss NEW YORK (Reuters) – Software company Enfusion Inc is attracting takeover interest from private equity firms and strategic buyers, several people familiar with the matter said. Enfusion’s …

(Reuters) -Illumina Inc has commenced job cuts, the genetic sequencing equipment maker said on Monday, as it looks to cushion the impact of sticky inflation and a strong dollar on …

(Reuters) – AutoZone Inc CEO Bill Rhodes will step down in January next year after leading the company for more than 18 years, the U.S. car parts retailer said on …

By Anirban Sen (Reuters) -Canadian private equity firm Brookfield’s reinsurance arm is nearing a deal to buy insurer American Equity Life Holding, a person familiar with the matter told Reuters …