Business News

By John Revill and Noele Illien ZURICH/BERN (Reuters) -Switzerland’s tradition of dependable consensus politics has taken a battering after the government used an emergency law to push through a state-backed …

By Horacio Soria and Juan Carlos Bustamante BUENOS AIRES (Reuters) -Argentina’s annual inflation rate soared to 104.3% in March, the official statistics agency said on Friday, one of the highest …

NEW YORK (Reuters) – Societe Generale SA agreed to pay $105 million to settle U.S. investor litigation accusing the French bank of violating antitrust law by conspiring with rivals to …

BERLIN (Reuters) – Germany’s BDI industry association expects exports to grow by 2% in 2023, double its forecast in January, its president told the Rheinische Post newspaper in comments published …

By Joey Roulette WASHINGTON (Reuters) -The U.S. Federal Aviation Administration on Friday granted a long-awaited license allowing Elon Musk’s SpaceX to launch its Starship rocket to orbit for the first …

By Stephen Culp NEW YORK (Reuters) – Wall Street ended lower on Friday as a barrage of mixed economic data appeared to affirm another Federal Reserve interest rate hike, dampening …

By Andrea Shalal WASHINGTON (Reuters) -International Monetary Fund chief Kristalina Georgieva said on Friday that debtors and creditors made “tangible progress” on debt restructuring issues this week, but urged countries …

By Hannah Lang, Chris Prentice and Ann Saphir (Reuters) – The Federal Reserve’s Board of Governors on Friday said it has approved UBS Group AG’s acquisition of the U.S. subsidiaries …

By Caroline Valetkevitch NEW YORK (Reuters) – As quarterly U.S. earnings got under way with upbeat reports from JPMorgan Chase & Co and other major banks Friday, analysts marginally brightened …

(Reuters) -Billionaire Elon Musk is working on launching an artificial intelligence start-up that will rival ChatGPT-maker OpenAI, the Financial Times reported on Friday citing people familiar with his plans. Twitter-owner …

By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Citigroup Inc’s hiring of Andy Sieg, the incoming head of its wealth management unit, underscores the lender’s ambitions in the …

By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund’s steering committee on Friday said it would accelerate its discussions on quota reforms at the global lender with …

(Reuters) -Deposits at U.S. commercial banks rose in early April in a renewed sign of confidence in the banking sector after massive deposit outflows following last month’s failure of two …

By Jorgelina do Rosario WASHINGTON (Reuters) -The Argentine government is in talks to issue two dollar-bonds for up to $600 million each with separate guarantees from the World Bank and …

By Aishwarya Nair (Reuters) – Boeing Co shares closed down 5.6% on Friday after the planemaker halted deliveries of some 737 MAX jets due to quality-related problems in certain components …

By Fergal Smith (Reuters) -Canada’s main stock index edged up on Friday to its highest closing level in six weeks, helped by gains for energy and financial shares, while weaker …

By Herbert Lash NEW YORK (Reuters) – Treasury yields rose and the dollar index bounced off a one-year low on Friday after a decline in U.S. retail sales suggested the …

By Steve Stecklow, Waylon Cunningham and Hyunjoo Jin (Reuters) – Two U.S. senators have written to Elon Musk, Tesla Inc’s chief executive, questioning him about the sharing by employees of …

By Hilary Russ and Katherine Masters NEW YORK (Reuters) -Tupperware’s financial woes follow a proliferation of free restaurant to-go boxes after a pandemic-era surge in delivery and carryout orders, and …

SHANGHAI (Reuters) – China’s Zeekr has hired a former Lexus executive to helm its operations in Europe, according to a memo seen by Reuters, as the electric vehicle (EV) maker …

By Jorgelina do Rosario and Rodrigo Campos WASHINGTON (Reuters) – Colombia is looking to issue a green bond before the end of 2023, likely in dollars, and could tap traditional …

By Jack Queen (Reuters) – Opening statements are set to begin on Monday in Wilmington, Delaware in a defamation lawsuit by Dominion Voting Systems against Fox Corp and Fox News, …

By Leika Kihara WASHINGTON (Reuters) – China’s central bank governor on Friday took a swipe at efforts by Western economies to trade more with allies and rely less on the …

By Andrew Chung and John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Friday made it easier to challenge the regulatory power of federal agencies in two important rulings …