Business News

By William Schomberg and Andy Bruce LONDON (Reuters) – Britain’s jobless rate rose for a second month and there were other signs in data on Tuesday that some of the …

ZURICH (Reuters) – The Swiss government expects the country’s economic growth to slow next year although it should avoid a recession, it said on Tuesday, with no energy shortages causing …

By Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s parliament is expected to pass a bill this week that will allow former politicians to head Bank Indonesia (BI), the central bank, and …

SEOUL (Reuters) – Most of the Bank of Korea’s policy board members called for closer attention toward signs of stress in local financial markets while agreeing to a rate hike …

A look at the day ahead in European and global markets from Anshuman Daga The arrest of FTX’s former CEO Sam Bankman-Fried in the Bahamas at the behest of U.S. …

WARSAW (Reuters) – The current level of interest rates in Poland is adequate, central banker Cezary Kochalski said on Tuesday. Poland’s Monetary Policy Council (MPC) has left its main interest …

By Victoria Waldersee and Gergely Szakacs BERLIN/BUDAPEST (Reuters) -German automakers and Asian battery suppliers are getting together in Hungary in a multi-billion-dollar marriage of convenience to drive their electric ambitions. …

(Editor’s note: This story contains language in paragraph 18 that some readers may find offensive) By Jasper Ward, Luc Cohen and Angus Berwick (Reuters) – FTX founder Sam Bankman-Fried was …

By Medha Singh and Lisa Pauline Mattackal (Reuters) – Plucky bitcoin’s been holding steady since seeing off the chaos of the FTX collapse, gathering its strength to rally towards the …

By Josh Ye HONG KONG (Reuters) – U.S. videogame publisher Activision Blizzard said that it is in talks with potential new partners to continue offering its hit game World of …

By Saqib Iqbal Ahmed NEW YORK (Reuters) -Options traders are bracing for a week of swings in U.S. stocks ahead of key inflation data, the Federal Reserve’s last policy meeting …

By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s government, which has publicly said it does not want to issue new debt, wants to use construction bonds for developing Self-Defense Force facilities …

By Tim Kelly and Jane Lanhee Lee TOKYO/OAKLAND, Calif (Reuters) -IBM Corp and Rapidus, a newly formed chip maker backed by the Japanese government, on Tuesday announced a partnership that …

By Sam Tobin LONDON (Reuters) -The billionaire co-chairman and CEO of Chinese developer Guangzhou R&F Properties Co Ltd is wanted in the United States, accused of paying kickbacks to obtain …

SYDNEY (Reuters) – Australian businesses turned in a pessimistic outlook for the first time this year in November as they worried about inflation and higher interest rates taking a toll …

By Kantaro Komiya TOKYO (Reuters) – Apple Inc said on Tuesday it had invested more than $100 billion in its Japanese supply network over the last five years, as its …

(Reuters) – Sam Bankman-Fried, the founder of bankrupt FTX cryptocurrency exchange, was arrested on Monday in The Bahamas after being criminally charged by U.S. prosecutors. FTX and its units had …

By Jack Queen (Reuters) – FTX founder Sam Bankman-Fried could surrender to United States custody after his indictment and arrest in the Bahamas or fight removal under the terms of …

(Reuters) – Twitter owner Elon Musk tweeted on Monday that Twitter’s Basic blue tick will have half the number of advertisements and the social media platform will offer a higher …

(Reuters) – FTX founder Sam Bankman-Fried said he was pressured into nominating John Ray as chief executive of the crypto exchange in early November by Sullivan and Cromwell lawyers who …

By David Shepardson WASHINGTON (Reuters) -The U.S. new vehicle automotive fleet’s fuel efficiency was flat in the 2021 model year as automakers sold more sport utility vehicles and pickup trucks …

By Foo Yun Chee BRUSSELS (Reuters) -Microsoft is seeking to address European Union antitrust concerns about its business practices prompted by a complaint from Salesforce.com’s workspace messaging app Slack, people …

(Reuters) – Twitter Inc said on Monday it was re-enabling Twitter Blue sign ups for iOS and web users, and replacing the “official” label with a gold checkmark on some …

By Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund’s executive board on Monday discussed the surcharges it collects from mostly middle- and lower-income countries on larger loans that are …

By John Kemp LONDON (Reuters) -Portfolio investors were heavy sellers of petroleum for the fourth week running as the smooth introduction of the Russia price cap brought the weakness of …