By Nandita Bose, Matt Spetalnick and Alexandra Alper WASHINGTON -The United States targeted Russian banks and elites with a new round of sanctions on Wednesday, including banning Americans from investing…
By Leika Kihara TOKYO -The International Monetary Fund (IMF) cut Japan’s economic growth forecast on Thursday and urged policymakers to consider preparing a contingency plan in case the Ukraine crisis…
By Dave Sherwood HAVANA – U.S. farmers, on a trade tour in Cuba, said on Wednesday they would like to sell more wheat and other farm products to the impoverished…
By Stephen Jewkes and Francesca Landini MILAN -Atlantia found itself at the centre of a potential bidding war on Wednesday between Spanish tycoon Florentino Perez and the Benettons, the Italian…
By Caroline Valetkevitch NEW YORK – Stock indexes fell on Wednesday and the U.S dollar surged to a nearly two-year peak, after the Federal Reserve released minutes from its last…
By Karin Strohecker LONDON – Russia edged closer to a potential default on its international debt on Wednesday as it set aside roubles to pay holders of international bonds that…
DETROIT – General Motors Co on Wednesday announced the launch of an advertising campaign for its Chevrolet Bolt to win back consumers following the expensive recall that had stopped production…
(Reuters) – Toronto-Dominion Bank said on Wednesday its employees will return to offices on a voluntary basis this month, with an official return set for June. The second-largest Canadian lender…
By Timothy Gardner and Liz Hampton WASHINGTON -Oil executives defended themselves in the U.S. Congress on Wednesday from charges by lawmakers that they are gouging Americans with high fuel prices,…
By Krisztina Than, Gergely Szakacs and Nina Chestney BUDAPEST/LONDON -Hungary said on Wednesday it was prepared to pay roubles for Russian gas, breaking ranks with the European Union which has…
By Ananya Mariam Rajesh (Reuters) -Levi Strauss & Co quarterly results beat Wall Street estimates on Wednesday, helped by price increases and strong demand for its jeans, tops and jackets…
By Seher Dareen (Reuters) – Gold prices held steady after Wednesday’s release of the minutes of the Federal Reserve meeting in March, as the metal’s appeal as a safe haven…
By Julie Gordon OTTAWA – With an election looming, Canada’s province of Ontario is moving to rein in surging home prices with populist measures like a bigger foreign-buyer tax, but…
By Gertrude Chavez-Dreyfuss NEW YORK – A surge in hedging to protect against aggressive Federal Reserve tightening has caused liquidity problems in the interest rate options sector, reflecting a trend…
By Paresh Dave OAKLAND, Calif. -Microsoft Corp’s LinkedIn boosted subscription revenue by 8% after arming its sales team with artificial intelligence software that not only predicts clients at risk of…
By Ann Saphir and Lindsay Dunsmuir (Reuters) -The Federal Reserve might have raised interest rates by half a percentage point last month to deal a more decisive blow to soaring…
(Reuters) – The U.S. Securities and Exchange Commission (SEC) is investigating how Amazon.com Inc handled employee disclosures on the use of third-party sellers’ data purportedly to boost its own private-label…
By Steve Scherer OTTAWA -Canada will earmark C$15 billion ($12 billion) over five years for a Growth Fund to attract private investment in new and green technologies, a senior government…
By Gertrude Chavez-Dreyfuss NEW YORK – The dollar surged to a nearly two-year high on Wednesday after minutes of the last Federal Reserve meeting reinforced expectations of multiple half percentage-point…
By Hilary Russ NEW YORK – U.S. workers and labor groups filed 57% more petitions to be represented by unions in the last six months as high-profile organizing campaigns at…
By Katanga Johnson WASHINGTON -A U.S. markets regulator on Wednesday voted to propose new rules that would require platforms that execute trades of security-based swaps to register with the agency…
By Timothy Gardner and Noah Browning WASHINGTON -International Energy Agency states agreed to tap 60 million barrels of oil from storage, the director of the group said on Wednesday, on…
NEW YORK -New York Attorney General Letitia James on Wednesday asked JPMorgan Chase & Co, Bank of America, US Bancorp and Wells Fargo & Co to end all consumer overdraft…
PARIS – President Emmanuel Macron on Wednesday confirmed that a preliminary investigation linked to tax fraud had been launched into the French arm of US consultancy firm McKinsey by France’s…
By David Gaffen NEW YORK -Oil futures fell sharply on Wednesday after large consuming nations said they would release oil from reserves to counter tightening supply and hawkish minutes from…