Business News

(This Dec. 8 story has been corrected to show that valuation does not include debt, but buyout would be partly funded by loans by the banks, in paragraph 4) By …

(In 4th paragraph, corrects to show that valuation does not include debt, but buyout would be partly funded by loans by the banks) By Makiko Yamazaki, Kane Wu and Ritsuko …

By Andrea Shalal WASHINGTON (Reuters) – Britain this week inked an agreement aimed at boosting trade and investment with South Carolina, its third such deal with a U.S. state, and …

By Ankika Biswas and Noel Randewich (Reuters) – Wall Street ended lower on Friday as investors assessed economic data and awaited a potential 50-basis point interest rate hike by the …

MEXICO CITY (Reuters) – A dispute panel under a regional trade pact has sided with Mexico and Canada against the United States in a disagreement over regional content requirements for …

By Rajesh Kumar Singh CHICAGO (Reuters) -Spirit Airlines has offered as much as a 43% cumulative weighted average pay raise to its pilots over two years, according to a union …

By Nate Raymond (Reuters) -The U.S. Supreme Court on Friday agreed to hear cryptocurrency exchange Coinbase Global Inc’s bid to halt lawsuits the company contends belong in private arbitration, including …

By Ross Kerber (Reuters) -North Carolina’s state treasurer on Friday called for BlackRock Inc Chief Executive Laurence Fink to resign or be removed from the top asset management firm, citing …

(Reuters) – Rating agency Fitch maintained United Kingdom’s sovereign debt rating at “AA-” on Friday, citing Prime Minister Rishi Sunak’s macroeconomic policy framework, deep capital markets and the sterling’s international …

(Reuters) – The world’s top central banks dominate the agenda next week with indications abounding that the aggressive pace of rate hikes might slow, but not yet fade away given …

By Mimosa Spencer and Dominique Vidalon PARIS (Reuters) -Antoine Arnault, LVMH chairman Bernard Arnault’s eldest son, was on Friday named chief executive of family holding company Christian Dior SE, replacing …

TOKYO (Reuters) -Japan’s economy is not yet in a phase where the central bank can end yield curve control (YCC), its board member Hajime Takata was quoted as saying by …

MEXICO CITY (Reuters) – Mexican brokerage Grupo Financiero Monex launched a public tender offer on Friday for its shares, priced at 668.23 million pesos ($33.85 million), as the company moves …

By Michelle Nichols UNITED NATIONS (Reuters) -Belarus told the United Nations on Friday that it would allow, without preconditions, the transit of grain from Ukraine through its territory for export …

By Sheila Dang (Reuters) – Twitter Inc will roll out new controls as soon as next week to let companies prevent their ads from appearing above or below tweets containing …

By David Shepardson WASHINGTON (Reuters) -A U.S. auto safety regulator on Friday said it had confirmed a new crash death from a faulty air bag in a Honda car, as …

By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom is set to face a setback in its $61 billion bid for cloud computing company VMware with EU antitrust regulators …

By Lewis Krauskopf NEW YORK (Reuters) – A double dose of potentially market-moving U.S. events next week could set the tone for asset prices in the rest of 2022 and …

By Fergal Smith TORONTO (Reuters) – Canada’s main stock index closed lower on Friday for a sixth straight session as weaker oil prices dragged on energy shares and investors weighed …

By Herbert Lash and Carolyn Cohn NEW YORK/LONDON (Reuters) -Treasury yields rose and Wall Street stocks fell on Friday after data on U.S. producer prices raised conflicting views, stirring hope …

By David Shepardson and Ben Klayman WASHINGTON/DETROIT (Reuters) -Chrysler parent Stellantis on Friday said it will indefinitely halt operations at an assembly plant in Illinois in February, citing the rising …

(Reuters) – Cryptocurrency exchange FTX secretly funded media company the Block for over a year with money sent to the Block’s chief executive, Axios reported on Friday, citing sources. The …

By Cooper Inveen and Christian Akorlie ACCRA (Reuters) -The International Monetary Fund (IMF) and Ghana are expected to reach a staff-level agreement on a loan deal by Tuesday at the …

By Arathy Somasekhar HOUSTON (Reuters) -An outage on the largest oil pipeline to the United States from Canada could affect inventories at a key U.S. storage hub and cut crude …

By Michael Martina and Daphne Psaledakis WASHINGTON (Reuters) -The United States on Friday imposed sanctions on dozens of people and entities over alleged rights abuses, including Russia’s Central Election Commission, …