Business News

(Reuters) – Nasdaq said on Thursday it aims to sell debt worth $5.07 billion to fund its purchase of Thoma Bravo-owned software company Adenza. The $10.5 billion deal, announced earlier …

(Reuters) -TikTok Chief Operating Officer V. Pappas is stepping down after five years with the short-video company owned by China’s ByteDance, according to an email seen by Reuters on Thursday. …

By Anirudh Saligrama (Reuters) – BlackRock has announced layoffs that would impact less than 1% of its workforce as a result of budget reallocations to support critical priorities, according to …

By Stephen Culp (Reuters) – The S&P 500 and the Nasdaq closed higher on Thursday as U.S. Federal Reserve Chairman Jerome Powell continued to beat a hawkish drum and suggested …

NEW YORK (Reuters) – Citigroup will start holding employees “accountable” for compliance with hybrid work model rules, the bank said in a statement on Thursday. Bloomberg reported earlier the bank …

(Reuters) – Tunisia’s President Kais Saied told the International Monetary Fund’s managing director that the fund’s conditions to provide financial support to the North African country risks sparking civil unrest, …

By Ismail Shakil and David Ljunggren OTTAWA (Reuters) -Meta Platforms Inc plans to end access to news on Facebook and Instagram for all users in Canada once a parliament-approved legislation …

By David Shepardson WASHINGTON (Reuters) – The states of California, New York, Illinois, Minnesota, Washington and Wisconsin have joined a Federal Trade Commission (FTC) lawsuit to stop Amgen’s $27.8 billion …

By Ernest Scheyder LAS VEGAS (Reuters) – Lithium producers are growing anxious that delays in mine permitting, staffing shortages and inflation may hinder their ability to supply enough of the …

NEW YORK (Reuters) – MSCI will continue to consult with financial market participants on a potential reclassification of Nigeria to standalone market from frontier market after recent changes to foreign …

(Reuters) – Ford Motor is preparing for a new round of layoffs for its salaried workers in the United States, the Wall Street Journal reported on Thursday, citing people familiar …

(Reuters) – Quality of new vehicles sold in the United States is declining as factors such as growing use of technology and lower build quality of certain parts are making …

By Lewis Krauskopf (Reuters) – A look at the day ahead in Asian markets from Lewis Krauskopf, U.S. markets correspondent. Asian markets will be waking up to a jolt of …

By Daina Beth Solomon MEXICO CITY (Reuters) – Fast-fashion giant Shein is seeking more warehouse space in Mexico as it expands e-commerce operations in the country, part of the company’s …

By Pete Schroeder WASHINGTON (Reuters) – The heads of the Federal Deposit Insurance Corp and the Federal Reserve on Thursday said bank regulators were considering expanding the reach of a …

LONDON (Reuters) -Zambia on Thursday confirmed it had agreed a debt restructuring deal with its official creditors, adding it would now seek a quick agreement with its private creditors as …

By Daina Beth Solomon MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador on Thursday said he will ask incoming Labor Minister Marath Bolanos to meet with mining company …

(This June 16 story has been corrected to fix the date of contract expiration in paragraph 1) By Lisa Baertlein LOS ANGELES (Reuters) – United Parcel Service (UPS) union employees …

By Lucy Craymer WELLINGTON (Reuters) – As New Zealand Prime Minister Chris Hipkins prepares to lead a trade delegation to China seeking greater access for both the country’s primary exports …

By Dan Burns (Reuters) – The number of people filing for state unemployment benefits for the first time held steady at a 20-month high last week, remaining elevated for a …

FRANKFURT (Reuters) – Germany’s vice chancellor and economics minister, Robert Habeck, has reduced liability for investments by German companies in China by around five billion euros ($5.48 billion) since taking …

By Valerie Insinna, Abinaya V and Shivansh Tiwary PARIS (Reuters) -Spirit AeroSystems will suspend factory production on Thursday at its plant in Wichita, Kansas, the company said, after workers rejected …

By Brendan O’Boyle and Isabel Woodford MEXICO CITY (Reuters) -The Bank of Mexico maintained its benchmark interest at 11.25% on Thursday for the second time, signaling it will hold the …