Business News

By Hari Kishan BENGALURU (Reuters) -Global economic growth is forecast to barely clear 2% this year, according to a Reuters poll of economists who said the greater risk was a …

By Leika Kihara TOKYO (Reuters) – The Bank of Japan could consider steps to allow bond yields to move more flexibly even before inflation durably hits its 2% target, the …

By Satoshi Sugiyama TOKYO (Reuters) -Suzuki Motor Corp will invest 4.5 trillion yen ($34.8 billion) through fiscal 2030 in research, development and capital spending to make battery electric vehicles (EVs), …

AMSTERDAM (Reuters) – The Dutch central bank (DNB) has fined U.S. cryptocurrency exchange Coinbase 3.3 million euros ($3.6 million) for failing to obtain the correct registration in the Netherlands before …

(Reuters) – The German unit of EY, formerly known as Ernst & Young, has decided to make structural changes with a focus on personnel measures and reductions of non-personnel costs, …

(Reuters) – Akio Toyoda, president and chief executive of Japan’s Toyota Motor Corp for nearly 14 years, will resign from the top job in April to become chairman, handing over …

BERLIN (Reuters) – German inflation will remain high at the beginning of 2023 before easing over the course of the year, Economy Minister Robert Habeck said on Thursday. “We have …

By Heekyong Yang and Joyce Lee SEOUL (Reuters) – Hyundai Motor Co said on Thursday it expects to have solid backorder demand in major car markets and forecast robust growth …

(Reuters) -Spain’s unemployment rate rose to 12.87% in the fourth quarter of 2022 from 12.67% three months earlier, data from the National Statistics Institute showed on Thursday, pushing the number …

By Anne Kauranen and Supantha Mukherjee HELSINKI/STOCKHOLM (Reuters) – Nokia on Thursday beat quarterly operating profit expectations and forecast higher 2023 sales as the Finnish telecom equipment maker said it …

By Tejaswi Marthi (Reuters) – Bullish bets on the Singapore dollar and the Malaysian ringgit further consolidated to scale five-year highs as a fizzling U.S. dollar rally and China’s pivot …

By Katie Paul and Sheila Dang (Reuters) – Meta Platforms Inc said Wednesday it will reinstate former U.S. President Donald Trump’s Facebook and Instagram accounts in the coming weeks, following …

By Leika Kihara TOKYO (Reuters) – Bank of Japan policymakers were divided on prospects for achieving their 2% inflation target with some warning that it could take time for wages …

(Reuters) – Detroit? Nope. Germany? Nein. Elon Musk sees the toughest competition for Tesla in China, home of the company he expects “most likely to be second” in electric vehicles. …

ZURICH (Reuters) – Roche has launched a new PCR test to detect a fast-spreading sub-variant of the Omicron variant of Coronavirus, the Swiss drugmaker said on Thursday. The new test …

DUBAI (Reuters) – Emirates NBD, Dubai’s biggest lender, reported a 40% jump in 2022 net profit to 13 billion dirhams ($3.5 billion) on Thursday, helped by higher interest rates and …

ZURICH (Reuters) – Testing and inspection group SGS said it was aiming for organic growth in the mid-single digit percentage range this year after on Thursday reporting a 4.1% drop …

MEXICO CITY (Reuters) -Decoupling from the U.S. Federal Reserve’s monetary policy should be one matter for discussion for the Bank of Mexico’s governing board at its upcoming monetary policy meeting, …

A look at the day ahead in European and global markets from Ankur Banerjee While the European corporate earnings season still has a way to go, results so far have …

By Yew Lun Tian BEIJING (Reuters) -China’s Export-Import Bank of China (EXIM) has provided Sri Lanka with a debt extension, China’s foreign ministry said on Thursday, confirming a Reuters report …

BANGKOK (Reuters) – The Thai unit of Toyota Motor Corp <7203.T< expects its car sales in the Southeast Asian country to rise 7.3% to 310,000 vehicles this year, the company …

By Tetsushi Kajimoto TOKYO (Reuters) -Sharp one-sided currency moves cannot be tolerated, Japan’s top finance diplomat Masato Kanda told Reuters, reaffirming Tokyo’s determination to intervene in the foreign exchange market …

JAKARTA (Reuters) – Indonesia is formulating incentives for exporters to keep their foreign exchange earnings onshore for at least three months, the chief economics minister said on Thursday. Minister Airlangga …

(Reuters) -Twitter Inc will team up with digital ad verification companies Integral Ad Science and DoubleVerify Holdings Inc to provide advertisers tweet-level analysis on content appearing next to their ads, …