Financial News

By Shreyashi Sanyal (Reuters) -European shares dipped on Wednesday after higher-than-expected U.S. inflation cemented views of a large interest rate hike by the Federal Reserve next week, but a rally …

BRUSSELS (Reuters) – Euro zone industrial production was much weaker than expected in July, data showed on Wednesday, mainly because of a sharp drop in the output of capital goods …

By ShubhenduSatish Deshmukh and Shubham Kalia (Reuters) – Uber Technologies Inc said on Monday it back-paid New Jersey $100 million in unemployment taxes over classifying drivers as contractors, but added …

By David Shepardson DETROIT (Reuters) – President Joe Biden plans to take a victory lap on Wednesday at the Detroit auto show, highlighting automakers’ increasing shift to electric vehicles and …

By Tom Westbrook SINGAPORE (Reuters) – A rally that has the dollar on course for its best year since 1984 has further to run, traders and analysts say, suggesting more …

By Manoj Kumar NEW DELHI (Reuters) – India’s wholesale price inflation slowed in August helped by a fall in commodity prices, but double-digit price gains for the 17th month raise …

LUXEMBOURG (Reuters) – Europe’s second-top court on Wednesday upheld an EU antitrust decision against Alphabet unit Google for using its Android mobile operating system to quash rivals but trimmed the …

STRASBOURG (Reuters) – The European Commission will propose in October changes to EU debt rules that make them simpler and more flexible in reducing high debt and that will allow …

STRASBOURG (Reuters) – The European Union needs to update its links with reliable countries and key growth areas and secure supply of lithium and rare earths that power the switch …

JAKARTA (Reuters) – Indonesia’s central government on Wednesday ordered regional heads to keep food inflation below 5% as the recent hike in fuel prices could add 1.6%-2% to the inflation …

STOCKHOLM (Reuters) – Swedish inflation surged again in August, with Wednesday’s statistics office data likely to force the central bank into an aggressive rate hike later this month and again …

PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Wednesday that the economy was not facing recession after the government lowered its economic outlook for 2023. Le Maire …

STOCKHOLM (Reuters) -Swedish truck maker AB Volvo said on Wednesday it was starting series production of heavy electric trucks, catering to a growing demand for zero-emission transport. It said in …

(Reuters) – PwC Hong Kong and KPMG China are the first accounting firms that will help a U.S. regulator inspect auditing work for United States-listed mainland companies, the South China …

By Sameer Manekar and Praveen Menon (Reuters) -Rio Tinto Ltd said on Wednesday it would team up with its biggest customer China Baowu Steel Group to develop an iron ore …

(Reuters) – The Bank of Japan has conducted a rate check in apparent preparation for currency intervention, the Nikkei newspaper reported on Wednesday, as policymakers stepped up warnings about sharp …

(Reuters) -Apple Inc is planning to use an updated version of Taiwanese chipmaker TSMC’s latest chip producing technology in iPhones and Macbooks next year, the Nikkei Asia newspaper reported on …

By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – The Bank of Japan has conducted a rate check in apparent preparation for currency intervention, the Nikkei website reported on Wednesday, …

A look at the day ahead in European and global markets from Anshuman Daga Was the recent rise in markets a dead cat bounce? The sea of red splashed across …

TOKYO (Reuters) – The Bank of Japan has conducted a rate check in apparent preparation for currency intervention, the Nikkei website reported on Wednesday, citing unidentified sources, as policymakers stepped …

By Nerijus Adomaitis and Ron Bousso LONDON/OSLO (Reuters) – Norway’s Equinor became the first Western oil major to fully exit Russia this month, avoiding the high-profile clashes with Moscow experienced …

By Yousef Saba DUBAI (Reuters) – BlackRock Inc has held meetings with investors in London to drum up interest in a bond sale to begin refinancing a $13.4 billion loan …

TOKYO (Reuters) – The Bank of Japan has conducted a rate check in apparent preparation for currency intervention, the Nikkei website reported on Wednesday citing unnamed sources. (Reporting by Mariko …

By Paresh Dave OAKLAND, Calif. (Reuters) -Alphabet Inc’s Google must face all but one antitrust allegation about its online advertising business brought in a lawsuit by attorneys general for Texas …

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 …