All News

By Tassilo Hummel and Giulio Piovaccari PARIS -Fiat parent Stellantis will sell its stake in an auto financing joint venture to its Chinese partner Dongfeng and set up its own …

BEIJING -China’s imports unexpectedly fell in March as COVID-19 curbs across large parts of the country hampered freight arrivals and weakened domestic demand, while export growth slowed, prompting analysts to …

By Ron Bousso and Chen Aizhu LONDON/SINGAPORE – China’s top offshore oil and gas producer CNOOC Ltd. is preparing to exit its operations in Britain, Canada and the United States, …

BERLIN -Germany would face a sharp recession if gas supplies from Russia are suddenly cut off, the country’s leading economic institutes said on Wednesday, and the government said the war …

(Reuters) – Alphabet Inc’s Google said on Wednesday it plans to invest about $9.5 billion across its U.S. offices and data centers this year, up from $7 billion last year. …

By Lisa Barrington and Farah Master DUBAI/HONG KONG – It’s been the subject of quiet speculation among diplomats and executives for years, but now global casino bosses are setting their …

TOKYO – Uniqlo operator Fast Retailing Co’s earnings on Thursday may give an indication of how major global retailers are weathering COVID-related shutdowns in China, one of the biggest growth …

DUESSELDORF, Germany -Deutsche Telekom said it has bought additional shares in T-Mobile US from Softbank for $2.4 billion, bringing CEO Tim Hoettges closer to his goal of securing direct control …

(Reuters) – Russian weekly inflation fell to 0.66% in the latest week, First Deputy Prime Minister Andrei Belousov said on Wednesday. Weekly inflation in Russia slowed to 0.99% in the …

By Leika Kihara TOKYO -Bank of Japan Governor Haruhiko Kuroda on Wednesday warned the recent rise in inflation driven by higher import costs could hurt the economy, stressing the central …

ROME – A plan for Italy’s Generali put forward by a rebel investor would aim to increase the insurer’s debt leverage to near 25% for any worthy operations, the CEO …

By David Milliken and William Schomberg LONDON -British consumer price inflation leapt to its highest level in three decades last month, intensifying the pressure on embattled Prime Minister Boris Johnson …

By Liang-sa Loh TAIPEI -Taiwan central bank governor Yang Chin-long said on Wednesday inflation would slow by the third quarter and any rate rise decisions would depend on consumer price …

BEIJING -China’s overall trade with Russia rose over 12% in March from a year earlier, slowing from February but still outpacing the growth in China’s total imports and exports, as …

By Selena Li HONG KONG – BlackRock Inc plans to launch its first product in China’s $220 billion onshore exchange-traded fund (ETF) market later this year and has started hiring …

By Leika Kihara TOKYO -The Bank of Japan (BOJ) will not introduce a digital yen as a means to achieve negative interest rates, an idea sometimes discussed in academic circles, …

(Reuters) – European shares retreated for a third straight session on Wednesday as anxiety about elevated inflation and its potential impact on upcoming earnings season dampened risk appetite. The pan-European …

A look at the day ahead in markets from Saikat Chatterjee. Hopes raised by latest U.S. CPI numbers that surging inflation may finally be peaking appear to have finally halted …

By Asha Sistla (Reuters) – Gold prices edged higher on Wednesday as concerns of an escalation in the Russia-Ukraine conflict increased safe-haven bids for the precious metal, although a firmer …

By Nichola Groom and Isla Binnie (Reuters) – Prices for wind and solar power in major global markets have climbed nearly 30% in a year as developers have struggled with …

(Reuters) -Australia’s competition watchdog on Wednesday took Honda Motor Co’s local unit to court alleging the Japanese carmaker falsely claimed to its customers that two of its dealerships had stopped …

By Kantaro Komiya TOKYO – Japan’s core machinery orders posted their biggest monthly fall in nearly two years in February, official data showed on Wednesday, dragged down by a steep …

SYRACUSE, NEW YORK – Alexander Carrasquillo-Rosado, age 31, of Syracuse, pled guilty today to possessing and intending to distribute controlled substances. The announcement was made by United States Attorney Carla …

NEWARK, N.J. – The Department of Justice announced a Middlesex County man was charged with embezzling over $2.3 million from a New York-based company where he had been the controller …

NEWARK, N.J. – The Department of Justice has announced the sentancing of a Bergen County man to 24 months and two days in prison for his role in a scheme …