Financial News

BERLIN – German exports and imports jumped more than expected in February, the Federal Statistics Office said on Monday, as the effects of the war in Ukraine have yet to …

By Jamie McGeever ORLANDO, Fla. – It will probably come good one day, but hedge funds’ latest attempt to position for a steeper U.S. yield curve has once again backfired …

BERLIN – Delivery Hero said on Monday it had launched a debt financing syndication equal to 1.4 billion euros ($1.55 billion) with proceeds to be used to bolster its liquidity …

ZURICH -Novartis said on Monday it was integrating its pharmaceuticals and oncology units into an innovative medicines (IM) business to simplify its structure, targeting savings of at least $1 billion …

(Corrects and clarifies Bank of America forecast.) By Chen Lin and Aradhana Aravindan SINGAPORE -Singapore’s central bank is likely to tighten its policy settings at its review this month, the …

By Asha Sistla (Reuters) – Gold prices fell on Monday as the dollar and Treasury yields firmed after a solid U.S. payrolls report raised expectations of aggressive rate hikes, although …

By Kirsty Needham SYDNEY -Digicel Group said it is considering legal options after Papua New Guinea (PNG) imposed a tax of almost $100 million that the telco said could affect …

By Indradip Ghosh BENGALURU – India’s factory activity expanded at a slower pace in March as rising prices meant new orders and output grew at their weakest rate since September, …

By Nick Carey and Barbara Lewis WASHINGTON, England – An electric car is a clean car, right? If only it were so simple. From motor magnets with toxic histories to …

By Yoruk Bahceli (Reuters) -Companies raced to bond markets last month, undeterred by the Ukraine war as they tried to lock in relatively cheap borrowing, though the March rush did …

By Hannah Lang (Reuters) – Almost half of all cryptocurrency owners in the United States, Latin America and Asia Pacific purchased the digital assets for the first time in 2021, …

(Reuters) – Citigroup Inc on Monday named Tony Osmond as chair of its Banking, Capital Markets and Advisory (BCMA) unit in Australia and New Zealand, and Alex Cartel to be …

By Nina Chestney LONDON -Europe and Russia will both lose heavily if President Vladimir Putin follows through on his threat to cut gas supplies to countries he judges “unfriendly” unless …

By Leika Kihara TOKYO -Haruhiko Kuroda built a career battling a strong yen and the Bank of Japan governor is unlikely to change course in his final year at the …

By Sudarshan Varadhan NEW DELHI -India’s southern Andhra Pradesh has cancelled bids made for two separate tenders by India’s Adani Enterprises to supply imported coal as the prices quoted were …

By Steve Scherer OTTAWA -Canada on Monday will announce its support for General Motors Co’s multi-billion-dollar investment in two plants, including one that will produce electric commercial vehicles (EVs), a …

By Stephanie Kelly NEW YORK -Oil prices fell at the start of Asian trade on Sunday, after the United Arab Emirates and the Iran-aligned Houthi group welcomed a truce that …

(Reuters) – The union that Amazon.com Inc workers recently voted to represent them has demanded the company start bargaining in early May and cease any changes to employment terms at …

PRAGUE – The economy minister of Slovakia, which relies on Russian gas for around 85% of its demand, said the country could not be cut off from Russian gas flows …

SANTIAGO -Peru’s ministry of economy and finance announced on Sunday that it would suspend taxes on the country’s most consumed fuels to fight surging prices caused by the Russia-Ukraine conflict. …

(Refiles to clarify in headline, first paragraph that BYD stops making fully combustion engine cars but smaller gasoline engines still used in plug-in hybrids) BEIJING -China’s largest electric vehicle (EV) …

SHANGHAI -Tesla has notified workers and suppliers that production at its Shanghai factory will not resume on Monday as it had hoped, according to an internal notice shared with Reuters. …

By Elvira Pollina MILAN – Telecom Italia (TIM) has signed a non-disclosure agreement with Italian state lender CDP to start formal talks on potentially combining the phone group’s network with …

(Reuters) – Chinese fast fashion e-commerce startup Shein is weighing a funding round at a valuation of about $100 billion, Bloomberg reported on Sunday, citing people familiar with the matter. …

BEIJING – China will implement an upgrade to the free trade agreement between Beijing and Wellington to eliminate tariffs of 12 wood and paper products imported from New Zealand from …