Business News

(Reuters) – U.S. carrier JetBlue Airways warned on Thursday it expects third-quarter revenue to be at the low end of its prior forecast due to a bigger hit from weather-related …

WASHINGTON (Reuters) -The U.S. Federal Trade Commission filed a lawsuit against Amazon.com that accused the online retail giant of overcharging customers and independent sellers on its platforms as the $1 …

A look at the day ahead in U.S. and global markets by Mike Dolan A crude oil price spike to the highest of the year delivered a final blow to …

By Luc Cohen NEW YORK (Reuters) – In 2018, a bespectacled Stanford graduate named Caroline Ellison decided to leave her job on Wall Street to join a startup cryptocurrency hedge …

By Chris Taylor NEW YORK (Reuters) – If you really want to get Monica Dwyer’s attention, just show her a fancy pen. Dwyer may be a financial planner by trade, …

By Sophie Yu and Brenda Goh BEIJING (Reuters) -China Eastern Airlines said on Thursday it will buy another 100 C919 airplanes in a deal worth $10 billion at list prices, …

By Casey Hall and Sophie Yu SHANGHAI (Reuters) – A record number of Chinese are choosing to travel at home this Golden Week holiday, potentially boosting domestic consumption but disappointing …

JOHANNESBURG (Reuters) – South Africa’s producer inflation quickened to 4.3% year on year in August from 2.7% in July, statistics agency data showed on Thursday. On a month-on-month basis, the …

By Christoph Steitz FRANKFURT (Reuters) -Volkswagen said on Thursday that a major IT outage, which had caused most of its German plants to halt production, was resolved overnight and its …

By Chris Prentice and Carolina Mandl NEW YORK (Reuters) -The U.S. Securities and Exchange Commission (SEC) is finalizing settlements with around two dozen Wall Street firms to resolve investigations into …

By Emma Rumney LONDON (Reuters) – Philip Morris International has registered new lobbyists in at least 19 U.S. states this year, and plans to add some in four more in …

By Sheila Dang and Dawn Chmielewski (Reuters) – Social media platform X could turn a profit in early 2024, Chief Executive Officer Linda Yaccarino said on Wednesday, during a wide-ranging …

BERLIN (Reuters) – German inflation is likely to ease significantly in September based on data from five key German states on Thursday, signalling what could be the beginning of the …

(Reuters) -China’s Dalian Wanda Group has started negotiations on a proposal to avoid repaying about 30 billion yuan ($4.11 billion) to investors in its commercial property management business if it …

By Andy Home LONDON (Reuters) – China’s appetite for base metal imports appears to be growing. Refined copper volumes hit a year-to-date monthly high in August and primary aluminium imports …

By Alasdair Pal SYDNEY (Reuters) -Pilots at Network Aviation, a subsidiary of Qantas Airways, will go on strike on Oct. 4, the Australian Federation of Air Pilots (AFAP) said on …

CANBERRA (Reuters) – The Australian government said on Thursday that China was removing barriers to imports of hay from Australia, the latest step towards normalising trade relations between the two …

LONDON (Reuters) – New York has easily remained the world’s top financial centre with London still second and gaining some ground, but also facing a tougher fight with Singapore and …

SINGAPORE (Reuters) – Singapore state investment firm Temasek’s wholly owned unit True Light Capital said on Thursday it raised $3.3 billion in its flagship fund that invests in Greater China …

SYDNEY (Reuters) – Australian Treasurer Jim Chalmers said on Thursday criticism of proposed reforms to the central bank’s policymaking board by one of his predecessors was “bizarre and wrong”, as …

By Jamie McGeever ORLANDO, Florida (Reuters) -If signals from the U.S. bond market prove accurate, the Fed will be successful in getting inflation down to a ‘2 handle’. Just not …

By Katie Paul and Anna Tong MENLO PARK, California (Reuters) – Meta Platforms Chief Executive Mark Zuckerberg on Wednesday rolled out new AI products for consumers, including bots that create …

SINGAPORE (Reuters) – Singapore’s finance ministry on Thursday announced an additional S$1.1 billion ($802 million) to help households handle increases in the cost of living. The package includes an additional …

A look at the day ahead in European and global markets from Tom Westbrook German and Spanish inflation data and European consumer confidence data due today seem unlikely to pierce …