Business News

By Jonathan Stempel NEW YORK (Reuters) -Former Goldman Sachs banker Roger Ng, facing 10 years in prison after being convicted in New York of helping loot billions of dollars from …

By Marcelo Teixeira NEW YORK (Reuters) – Most of the record physical delivery of sugar by commodities traders at the expiration of the October futures contract at the Intercontinental Exchange …

OTTAWA (Reuters) – The Canadian government, under political pressure to tackle high inflation, said on Thursday the country’s five major grocery chains had made an initial commitment to help stabilise …

BENGALURU (Reuters) – SoftBank Group is likely to sell shares worth up to $105 million in India’s PB Fintech via block deals, CNBC-TV18 reported on Thursday, citing sources. The indicative …

By Chris Prentice and Andrew Goudsward (Reuters) -The U.S. Justice Department will not target companies that disclose wrongdoing they find by businesses they are buying in a bid to encourage …

By Andrea Shalal (Reuters) – Stronger demand for services and progress on lowering inflation have increased the chances that the global economy can escape recession, but fiscal and financial risks …

By Sinead Cruise and Iain Withers LONDON (Reuters) -Metro Bank shares closed down 26% on Thursday following reports it was exploring options to raise as much as 600 million pounds …

(Reuters) – Walt Disney’s ESPN has clinched the U.S. broadcast rights for TGL, a new primetime golf league created by Tiger Woods and Rory McIlroy, the company said on Thursday. …

(Reuters – Chicago Federal Reserve Bank President Austan Goolsbee says he sees no clear signals that the U.S. economy is veering off the “golden path” toward the Fed’s 2% inflation …

(Reuters) – Shares in Clorox were down 8.1% on Thursday, after hitting their lowest level since May 2018, after the cleaning supplies company’s warned that an August cyber attack would …

By Lananh Nguyen, Saeed Azhar and Tatiana Bautzer NEW YORK (Reuters) -Citigroup managers are reviewing staff rosters to determine by November who will stay in place, be reassigned or laid …

MOSCOW (Reuters) – The Russian economy can cope with higher military spending to fund the war in Ukraine now and in the coming years, President Vladimir Putin said on Thursday, …

By Fabio Teixeira RIO DE JANEIRO (Reuters) -Sigma Lithium Chief Operating Officer Brian Talbot left the company at the end of last month, he told Reuters on Thursday, sending shares …

By Alexander Marrow (Reuters) -The Russian rouble weakened past 100 to the dollar to a more than seven-week low as President Vladimir Putin spoke on Thursday, hurt by reduced foreign …

By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits rose moderately last week, while layoffs declined in September, pointing to still-tight labor market …

By Huw Jones LONDON (Reuters) – The European Union, Britain and Switzerland have little choice but to copy Wall Street in speeding up share trading, though it will come too …

By Dominique Vidalon PARIS (Reuters) -French supermarket group Casino has finalised a deal to avert bankruptcy through a debt restructuring agreed with its main creditors, led by Czech billionaire Daniel …

By Makiko Yamazaki and Kane Wu TOKYO/HONG KONG (Reuters) – Japan’s M&A market is standing out against a worldwide decline this year, thanks to surging domestic deals as rising costs, …

By Melanie Burton MELBOURNE (Reuters) -Global miner BHP Group is focused on cutting costs to drive growth while being patient on buying assets, its chief development officer Johan van Jaarsveld …

(Reuters) -Shares in Puma fell as much as 10.4% on Thursday after analysts said the sportswear company’s third-quarter earnings might miss market expectations due to the impact of a stronger …

(Reuters) -Dell Technologies on Thursday reiterated that it expects revenue to grow at a compounded annual rate of 3% to 4% over the long term, disappointing some investors who expected …

FRANKFURT (Reuters) – Euro zone inflation is falling but the fight is not yet won and the high rate of underlying price growth remains worrisome, Bundesbank President Joachim Nagel said …

By Phuong Nguyen and Chavi Mehta (Reuters) -Vietnamese electric car maker VinFast said on Thursday its third-quarter revenue more than doubled with the largest share of its sales going to …

By Lewis Jackson SYDNEY (Reuters) -Efforts to finalise a pact that ended strikes at Chevron’s two Australian liquefied natural gas (LNG) plants stumbled on Thursday, when workers voted to restart …