SHANGHAI (Reuters) – China’s central bank is widely expected to pause its monetary easing efforts and keep the medium-term policy rate steady this month, a Reuters survey showed, as widening…
(Corrects spelling to Ashish Agrawal from Ashish Agarwal in paragraphs 3, 4 and 14) By Dharamraj Lalit Dhutia MUMBAI (Reuters) -Foreign investors have stepped up purchases in a clutch of…
By Sarah Wu TAIPEI (Reuters) – The United States will hold talks with Taiwan next month to discuss new U.S. legislation designed to boost the American semiconductor industry, the top…
SHANGHAI (Reuters) -Fosun International said on Wednesday that media reports saying Chinese regulators have told the country’s biggest banks to start a round of checks on their financial exposure to…
By Muyu Xu and Emily Chow SINGAPORE (Reuters) – China is buying more and less expensive energy supplies from Russia this year, reaping the benefits of a plunge in European…
By Jane Lanhee Lee and Hyunjoo Jin SAN FRANCISCO (Reuters) – General Motors’ autonomous driving unit Cruise has developed its own chips for self-driving cars to be deployed by 2025,…
TOKYO (Reuters) – Japan’s Honda Motor Co Ltd has no plan to hive off its electric motorcycle business and list it on a stock exchange, the Japanese automaker said on…
By Jamie Freed SYDNEY (Reuters) – Virgin Australia has been unable to provide enough domestic capacity to meet demand, which is tracking above 2019 levels because of high illness rates…
By Siddharth Cavale and Jessica DiNapoli NEW YORK (Reuters) – Bed Bath & Beyond Inc’s interim CEO Sue Gove will likely lead the financially struggling retailer for at least 12…
By Daniel Leussink and Kantaro Komiya TOKYO (Reuters) -Japan’s core machinery orders extended gains in July, raising hopes business growth spending may offset near-term headwinds from a global economic slowdown…
NEW YORK (Reuters) – Citigroup Inc expects to divest its Mexican consumer business via a sale or initial public offering that could happen next year, its chief financial officer said…
CARACAS (Reuters) – Venezuela’s monthly inflation rate increased to 8.2% in August from 7.5% in July, according to data released on Tuesday by the country’s central bank. According to Reuters…
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Commerce Department said it reached a cooperative research and development agreement with Alphabet Inc’s Google to produce chips that researchers can use to…
By Sheila Dang and David Shepardson (Reuters) -The FBI informed Twitter Inc of at least one Chinese agent working at the company, U.S. Senator Chuck Grassley said during a Senate…
By Hilary Russ SEATTLE (Reuters) -Starbucks Corp projects profits to grow between 15% to 20% per share over the next three years, a significant increase from previous guidance based on…
(Reuters) – American-Italian-French automaker Stellantis NV said on Tuesday it will buy back shares worth about 923 million euros ($919.31 million) from General Motors Co. Stellantis said it would buy…
By Kantaro Komiya TOKYO (Reuters) – Business confidence of Japanese manufacturers retreated in September from a seven-month high, while service firms’ sentiment fell to a five-month low, as unyielding cost…
By Stephen Culp NEW YORK (Reuters) – A broad sell-off sent U.S. stocks reeling on Tuesday after a hotter-than-expected inflation report dashed hopes that the Federal Reserve could relent and…
By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund (IMF) on Tuesday confirmed that it is moving toward expanding emergency financing for countries hit by surging food prices and shortages…
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -JPMorgan Chase and Bank of America, the two largest U.S. banks by assets, expressed caution about job cuts in contrast with…
LONDON (Reuters) – Fund managers are “super bearish” with average allocations to cash at the highest since 2001 and allocation to global stocks at an all-time low, according to Bank…
By Andrea Shalal WASHINGTON (Reuters) -International Monetary Fund chief Kristalina Georgieva said she and Ukraine’s President Volodymyr Zelenskiy on Tuesday agreed to explore ways to expand the IMF’s support for…
(Reuters) – Defense contractor Raytheon Technologies Corp on Tuesday trimmed its full-year free cash flow forecast, amid inflationary pressures, higher costs and supply chain snags. The Arlington, Virginia-based company said…
By Lewis Krauskopf and David Randall NEW YORK (Reuters) -An already-murky outlook for U.S. stocks and bonds is growing darker, as sizzling inflation ratchets up expectations for how aggressively the…
WASHINGTON (Reuters) – A group of 13 companies urged the U.S. Congress on Tuesday to approve a bill that would rein in giant tech companies like Alphabet’s Google and Meta’s…