Business News

(Reuters) – Uber Technologies is partnering with Los Angeles Yellow Cab and its affiliates to increase the supply of taxis on the ride-hailing giant’s platform, the company said on Tuesday. …

If you go to any high school or mall across New Jersey, you’re going to see kids and adults alike wearing footwear that runs in the area of $200 and …

By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England has concluded its tightening cycle and will likely keep the Bank Rate at 5.25% until at least July, a Reuters …

By Yantoultra Ngui SINGAPORE (Reuters) – Singapore’s central bank said on Tuesday it was looking into whether banks involved in a S$2.4 billion ($1.75 billion) money laundering scandal in the …

By Huw Jones LONDON (Reuters) – European Union banks already largely meet tougher global capital rules to bolster defences against economic crises and now only need to find another 600 …

BANGKOK (Reuters) -Thailand’s cabinet has approved new borrowing worth 194 billion baht ($5.3 billion) for the 2024 fiscal year starting on Oct. 1, mainly to finance a budget deficit, a …

By Maiya Keidan TORONTO(Reuters) – A recent C$4.6 billion capital raise by Enbridge and a raft of new U.S. deals have spurred optimism for a revival in Canadian equity capital …

By Mike Scarcella (Reuters) – A lawsuit by the U.S. Federal Trade Commission against Amazon.com, expected to be filed as soon as this week, adds to a slew of legal …

By Howard Schneider WASHINGTON (Reuters) – U.S. Federal Reserve Chair Jerome Powell said emphatically last week that people “hate inflation, hate it,” but he left another fact unspoken – they …

A look at the day ahead in U.S. and global markets by Mike Dolan A renewed surge in long-term Treasury yields is stifling world markets yet again as Federal Reserve …

By Luc Cohen NEW YORK (Reuters) – In U.S. prosecutors’ telling, Sam Bankman-Fried embezzled money from depositors in his FTX cryptocurrency exchange ever since he launched it in 2019, and …

(Reuters) – Tesla and European carmakers that export from China to the EU will be part of the bloc’s probe into whether the country’s electric vehicles industry is receiving unfair …

By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s finance minister said on Tuesday that authorities won’t rule out any options in dealing with excessive currency volatility, underlining a warning that has kept …

By Andy Home LONDON (Reuters) -Global production of primary aluminium hit an all-time high in August, with the world’s smelters running at an annualised rate of 71.2 million metric tons. …

HONG KONG (Reuters) – China Evergrande Group shares slid for a second consecutive session on Tuesday, dropping as much as 8% after a unit of the embattled property developer missed …

BANGKOK (Reuters) -Thailand’s cabinet has approved a plan to suspend debt repayments for millions of farmers for three years at a total cost of about 33 billion baht ($908 million) …

(Reuters) -Pilots at Network Aviation, a subsidiary of Qantas Airways, voted in favour of taking protected industrial actions that might potentially include bans on flying, the Australian Federation of Air …

BERLIN (Reuters) – Germany’s economy will grow more slowly than previously expected next year due to a lack of positive momentum towards the end of this year, the IMK institute …

By Gavin Jones and Valentina Za ROME (Reuters) -Italy is under growing market scrutiny as Prime Minister Giorgia Meloni prepares a difficult 2024 budget, with investors dismayed by government moves …

(This Sept. 24 story has been corrected to show that Lego has abandoned one specific oil-free brick development project, not all such efforts, in the headline and paragraph 1) (Reuters) …

By Leika Kihara TOKYO (Reuters) – The Bank of Japan may hold off on ending negative interest rates until around April next year to gauge whether wage gains will broaden …

By Sinead Cruise and Elizabeth Howcroft LONDON (Reuters) -Goldman Sachs and HSBC are among a group of five banks adopting a common global approach to disclosing clients’ stock positions, a …

(Reuters) -Sentiment among German exporters worsened further in September, falling to its lowest point since May 2020, according to a survey by the Ifo economic institute released on Tuesday. In …

By Shivansh Tiwary and David Shepardson (Reuters) -Canadian union Unifor announced General Motors as its second bargaining target in contract talks with the Detroit Three on Monday, a day after …