Business News

By Gabriela Baczynska and Jan Strupczewski BRUSSELS (Reuters) -European Union governments on Monday struck a deal with Hungary that sorts out financial aid for Ukraine in 2023 and gains Budapest’s …

SYDNEY (Reuters) – A measure of Australian consumer sentiment bounced from near record lows in December as borrowers sensed a painful cycle of interest rate rises was nearing an end, …

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stock indexes rallied to kick off the trading week on Monday, lifted in part by gains in Microsoft and Pfizer, as investors …

(Reuters) – FTX CEO John Ray will tell lawmakers on Tuesday that the bankrupt cryptocurrency exchange had “unacceptable management practices” including the commingling of assets and lack of internal controls, …

(Reuters) -Oracle Corp on Monday posted better-than-expected revenue in the second quarter, benefiting from strong demand for its cloud software services and the acquisition of electronic medical records firm Cerner. …

(Reuters) -China has launched a trade dispute at the World Trade Organization against the United States over its chip export control measures, China’s commerce ministry said. The United States passed …

(Reuters) – Global ratings agency S&P Global cut Peru’s outlook to negative from stable, citing risks to the sovereign’s credit worthiness from a political standstill and challenging relationship between the …

WASHINGTON (Reuters) – The November U.S. budget deficit jumped by $57 billion or 30% from a year earlier to $249 billion, a record for the month, as revenues fell and …

(Reuters) -Pfizer Inc said on Monday annual revenue from its mRNA vaccine portfolio could reach $10 billion to $15 billion by 2030, alleviating fears of a sharp hit to its …

By Hannah Lang WASHINGTON (Reuters) -Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, on Monday said he would testify remotely at Tuesday’s U.S. House Financial Services …

SYDNEY (Reuters) – Australia’s largest telecoms firm Telstra Corp Ltd said on Sunday that 132,000 customers were impacted by an internal error that led to disclosure of customer details. Telstra, …

By Saeed Azhar NEW YORK (Reuters) – Goldman Sachs Group Inc plans to stop originating unsecured consumer loans, a source familiar with the move told Reuters on Monday, in another …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. As investors enter something of a holding pattern ahead of key central bank …

By David Shepardson WASHINGTON (Reuters) – United Auto Workers (UAW) President Ray Curry said Monday he is optimistic the union can quickly reach a contract deal with a General Motors, …

By Manas Mishra and Bhanvi Satija (Reuters) -Amgen Inc on Monday agreed to buy Horizon Therapeutics Plc in a deal valued at $27.8 billion, fortifying its rare diseases portfolio in …

(Corrects closing level for index in second paragraph) By Fergal Smith TORONTO (Reuters) – Canada’s main stock index rose on Monday, clawing back some recent declines at the start of …

By Andrea Shalal WASHINGTON (Reuters) -Global public and private debt saw its biggest drop in 70 years in 2021 after reaching record highs because of the impacts of COVID-19, but …

By Allison Lampert MONTREAL (Reuters) – The United States and other western countries on Monday announced an alliance to produce and buy critical minerals from countries with stronger environmental and …

By Richard Cowan WASHINGTON (Reuters) – The U.S. Senate will aim to vote on a bill to keep the federal government operating for one week past a Friday deadline, as …

(Reuters) – New York Times Co said on Monday that its Chief Financial Officer Roland Caputo plans to retire next year. Caputo will continue to serve as CFO until his …

By Lawrence Delevingne (Reuters) -Wall Street stocks, oil prices and U.S. Treasury yields all rose on Monday as investors took an optimistic stance ahead of the last round of transatlantic …

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar gained against most currencies on Monday in choppy trading ahead of key data expected to show U.S. inflation moderating in November …

By Tom Westbrook SINGAPORE (Reuters) – Australia’s stockmarket is pulling in a growing slice of global investors’ funds, as the prospect of big dividends, relatively defensive performance and exposure to …

By Laila Kearney NEW YORK (Reuters) -Oil prices settled up about $2 a barrel on Monday on supply jitters, as a key pipeline supplying the United States closed and Russia …

OTTAWA, Dec 12 (Reuters) – The Bank of Canada’s rapid-fire rate hikes are starting to slow the economy, the governor said on Monday, but while the bank wants to avoid …