Business News

By Junko Fujita TOKYO (Reuters) – Global investors are short-selling Japanese bonds and driving its other market yields higher, reviving bets that the Bank of Japan will need to tweak …

By Jody Godoy (Reuters) – A U.S. judge on Wednesday sentenced former Theranos Inc President Ramesh “Sunny” Balwani to 12 years and 11 months in prison on charges of defrauding …

(Reuters) – Tesla Inc chief Elon Musk has roped in longtime executive and the company’s president in China, Tom Zhu, to help run the carmaker’s new plant in Austin, Texas, …

By Wayne Cole SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Asking for a friend. Because it is not often 10-year …

By Medha Singh (Reuters) – Total funding at crypto startups this year is set to exceed investments in 2021, research firm Pitchbook said on Thursday though the pace of capital …

NAIROBI (Reuters) – Kenya’s economic growth will slow down to 5% next year from an estimated 5.5% this year, the World Bank said on Thursday, as the rebound from the …

BANGKOK (Reuters) – Thai consumer confidence rose for a sixth straight month in November, reaching a 20-month high, boosted by improved economic activity and higher foreign tourist arrivals, but high …

(Reuters) -Twitter Inc plans to change the pricing of its Twitter Blue subscription product to $11, from $7.99, if paid for through its iPhone app and to $7 if paid …

By David Lawder WASHINGTON (Reuters) -U.S. officials are proposing to levy tariffs on steel and aluminum based on how much carbon the producing country’s industries emit, in a bid to …

(Reuters) – Billionaire Elon Musk’s bankers are considering providing the Tesla Inc Chief Executive Officer with new margin loans backed by the U.S. automaker’s stock to replace some of the …

BRASILIA (Reuters) -Brazil’s Senate approved on Wednesday a constitutional amendment to increase the government spending cap, allowing the incoming administration of President-elect Luiz Inacio Lula da Silva to fund an …

By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission said on Wednesday it had requested the formation of adjudicating panels at the World Trade Organization, the next step in two trade …

SEOUL (Reuters) – South Korea’s central bank said on Thursday it would change its aggressive policy tightening stance when it becomes more certain that inflation and economic growth are slowing, …

By Tetsushi Kajimoto and Kantaro Komiya TOKYO (Reuters) – Japan’s economy, the world’s third-largest, shrank less than initially estimated in the third quarter, bolstering a view that it is slowly …

By Nichola Groom (Reuters) -The U.S. government’s first-ever sale of offshore wind development rights off the coast of California drew $757.1 million in high bids, mainly from European companies seeking …

By Nick Carey (Reuters) – More than 40 manufacturers, shippers and industry groups including Siemens, Maersk and Unilever called on the EU on Thursday to mandate that all freight trucks …

(Reuters) – U.S. federal prosecutors are investigating whether FTX’s founder Sam Bankman-Fried manipulated the market for two cryptocurrencies this May that led to their collapse and resulted in the implosion …

TOKYO (Reuters) – Microsoft has entered into a 10-year commitment to bring the gaming title “Call of Duty” to Nintendo platforms, the chief executive officer of Microsoft Gaming, Phil Spencer, …

By Dave Graham and Adriana Barrera MEXICO CITY (Reuters) -Mexico has submitted proposals aimed at resolving a sizeable part of an energy dispute with the United States, and wants to …

By Dietrich Knauth (Reuters) – A U.S. bankruptcy judge on Wednesday ruled that some customers of crypto lender Celsius Network should receive their deposits back, giving relief to a relatively …

By David Milliken LONDON (Reuters) – Britain saw the most widespread house price falls since early in the COVID-19 pandemic last month, as demand from buyers and sales activity slowed …

LIMA (Reuters) – Peru’s central bank increased its benchmark interest rate 25 basis points to 7.5% on Wednesday, the 17th consecutive hike as monetary policymakers in the copper-producing Andean nation …

By David French (Reuters) – The S&P 500 and Nasdaq closed down on Wednesday after a choppy session on Wall Street, as investors struggled to grasp a clear direction as …

(Reuters) – Videogame retailer GameStop Corp reported a bigger-than-expected loss and quarterly revenue that missed estimates, hurt by a dearth of new hit game releases and a pullback in spending …

By Chibuike Oguh NEW YORK (Reuters) – Blackstone Inc Chief Executive Stephen Schwarzman said on Wednesday that redemptions in his firm’s $69 billion non-traded real estate income trust (REIT) were …