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(Reuters) – Eurozone is headed toward “stagflation” as efforts to stamp out a surge in inflation will bring growth to a near halt in the second half of the year, …

ZURICH -Barry Callebaut has halted production at its Wieze plant in Belgium, which it says is the world’s biggest chocolate factory, after discovering salmonella in a production lot on Monday, …

By Josh Ye HONG KONG – Chinese tech giants including Tencent Holdings and Ant Group have signed a pact to stop the secondary trading of digital collectibles and “self-regulate” their …

By Ahmed Aboulenein WASHINGTON – Major companies including JPMorgan Chase & Co, Amazon.com Inc and Walt Disney Co have said they would pay travel costs for employees seeking abortions out-of-state …

BERLIN – Germany’s BMW approved the launch of a share buyback programme with a volume of up to 2 billion euros ($2.08 billion) set to start in July, the carmaker …

By Elizabeth Dilts Marshall NEW YORK – Goldman Sachs Group Inc said on Thursday it is launching a partnership with capital markets technology firm Derivative Path that opens the door …

By Yoruk Bahceli (Reuters) – If dramatic losses seen in the first half of 2022 are maintained over the coming months, U.S. and European government bond markets are set for …

By Huw Jones LONDON – Banks should take a conservative approach to setting aside capital to cover risks from “unbacked” crypto assets on their books, the global Basel Committee of …

BERLIN – Inflation would spiral even further in Germany if it weren’t for business with China, Volkswagen Chief Executive Herbert Diess said in a media interview published on Thursday. “Germany …

By Rahul Paswan (Reuters) – Oil prices are expected to stay above $100 a barrel this year as Europe and other regions struggle to wean themselves off Russian supply, a …

MILAN -Italy’s antitrust authority said on Thursday it had closed an investigation launched last year over U.S. fast-food chain McDonald’s franchise terms in the country. The AGCM regulator said that …

By Alex Lawler and Maha El Dahan LONDON/DUBAI – Saudi Arabia’s push for swifter oil production hikes by OPEC+, which were agreed in June, involved behind-the-scenes diplomacy to ensure Russia …

(Reuters) – A U.S. recession over the next 12 months is “probably more likely than not”, PIMCO’s global chief investment officer for fixed income Andrew Balls said on Thursday. Balls, …

By Andres Gonzalez, Echo Wang and Lucy Raitano (Reuters) -Recession fears and Russia’s invasion of Ukraine sent a chill through equity capital markets (ECM) in the second quarter, depriving bankers …

By Paresh Dave OAKLAND, Calif. – AI chatbot company Replika, which offers customers bespoke avatars that talk and listen to them, says it receives a handful of messages almost every …

By Joyce Lee SEOUL – Samsung Electronics Co Ltd said on Thursday it has begun mass producing chips with advanced 3-nanometre technology, the first to do so globally, as it …

BRUSSELS – Euro zone unemployment fell to a new record low in May as the economy continued to rebound from the COVID-19 pandemic, even if inflation exacerbated by Russia’s invasion …

LONDON – British consumer activity slowed in mid-June, with fewer visits to restaurants, less usage of public transport and a slight fall in credit and debit card spending, data collated …

BUDAPEST – Hungary’s central bank hiked its one-week deposit rate by 50 bps to 7.75% at a tender on Thursday as its raised its forecast for tax-adjusted core inflation, its …

HONG KONG – Hong Kong’s May retail sales fell 1.7% from a year earlier after a sharp increase the previous month, government data showed on Thursday. Sales eased to HK$29.1 …

BERLIN -German unemployment rose in June, Labour Office figures showed on Thursday, as Ukrainian refugees are registering with the office in search of work. The Federal Labour Office said the …

BEIJING – China opposes the blacklisting of Chinese firms by the United States and will take the necessary measures to protect them, the commerce ministry said on Thursday. U.S. President …

PARIS – EU member states will adopt plans for a minimum corporate tax rate in the bloc in the coming months regardless of whether holdout nation Hungary backs the reform, …

By William Schomberg LONDON – Britain racked up a record shortfall in its current account in early 2022, in part due to the soaring cost of its fuel imports, according …

By Balazs Koranyi and Francesco Canepa SINTRA, Portugal – European Central Bank policymakers put on a brave face at their annual gathering in the hills above the Portuguese capital and …