Business News

FRANKFURT (Reuters) – The European Central Bank’s record high deposit rate could help cut inflation to 2%, ECB President Christine Lagarde said on Monday, repeating the bank’s guidance that neither …

By Iain Withers LONDON (Reuters) – Aviva said on Monday it had agreed to buy the UK life insurance business of AIG for 460 million pounds ($563 million), in the …

By Patturaja Murugaboopathy (Reuters) – Short-term U.S. government bonds have attracted bigger investment flows this year than longer-term paper, an unusual pattern engendered by the inverted yield curve and the …

By Karl Badohal, Pawel Florkiewicz and Gergely Szakacs WARSAW (Reuters) – Less than three weeks ahead of Poland’s hotly contested general election, Warsaw pensioner Jadwiga Buczek is feeling better about …

(Reuters) – Contract chipmaker GlobalFoundries said on Monday it has submitted applications for funding under the U.S. CHIPS act to expand capacity and modernize its local manufacturing facilities. The CHIPS …

(Reuters) – The rouble firmed against the euro on Monday while trading little changed against the dollar, in a week when companies’ need for roubles to settle end-of-month tax payments …

By Maria Martinez and Riham Alkousaa BERLIN (Reuters) -The German government said on Monday it was shelving proposed building regulations as part of a 45-billion euro ($47 billion) relief package …

By Robert Harvey and Natalie Grover LONDON (Reuters) – Oil prices may be near $100 a barrel, but a range of factors could prevent a sustained rally above that level, …

By Tim Hepher PARIS (Reuters) -Airbus is appointing sales chief Christian Scherer as head of its core planemaking business in its biggest management revamp for years, as it juggles supply …

By Yelin Mo and Brenda Goh BEIJING/SHANGHAI (Reuters) -Huawei Technologies on Monday showcased a series of new products from a gold smartwatch to a smart car but disappointed viewers by …

(Reuters) – OpenAI’s ChatGPT is getting a major update that will enable the viral chatbot to have voice conversations with users and interact using images, moving it closer to popular …

BERLIN (Reuters) – German carmaker Mercedes-Benz has applied for tax breaks for potential projects at two of its U.S. plants under the Inflation Reduction Act (IRA), a company spokesperson said …

(Reuters) – Spotify Technology is testing an AI-powered feature that will translate podcasts from the likes of Dax Shepard and Lex Fridman to other languages, the audio-streaming company said on …

By Valentina Za MILAN (Reuters) – Italy’s larger banks are still expected to pay a one-off banking tax despite the government at the weekend offering lenders a way out in …

FREEHOLD, NJ – Marmara Mediterranean Cuisine will celebrate its grand opening at Freehold Raceway Mall on Thursday, September 28, at 5 PM with a ribbon-cutting ceremony. The restaurant covers 5,800 …

By Howard Schneider WASHINGTON (Reuters) – Inflation staying stuck above the Fed’s 2% target remains a greater risk than tight central bank policy slowing the economy more than needed to …

(Reuters) – Air Canada said on Monday it had signed an agreement with Boeing to buy 18 widebody 787 Dreamliner jets, as the carrier looks to capitalize on strong travel …

SAO PAULO (Reuters) – Brazil, Mexico and India are some of the countries currently standing in a good position to attract investments, Brazilian Finance Minister Fernando Haddad said on Monday, …

By Alun John LONDON (Reuters) – The pound dipped to its lowest in six months against the dollar and its weakest in four months against the euro on Monday, as …

MADRID (Reuters) – Spain’s government could extend some of the measures that were introduced to alleviate the impact of inflation or even implement new ones, if needed, by the end …

By Maria Martinez BERLIN (Reuters) -German business morale deteriorated slightly in September, falling for the fifth month in a row and underlining recession fears in the euro zone’s largest economy, …

By Satoshi Sugiyama and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s Prime Minister Fumio Kishida unveiled on Monday the pillars of a new economic stimulus package to be compiled next month to …

By Jonathan Cable LONDON (Reuters) – The Swiss National Bank is done with interest rate hikes, according to the vast majority of economists polled by Reuters, despite mooting the prospect …

LONDON (Reuters) -British retailers reported a smaller annual fall in sales for September than during the previous month and expect a modest improvement in the months ahead, the Confederation of …

A look at the day ahead in U.S. and global markets by Mike Dolan After the worst week since March on Wall St, three issues keep the pressure – a …