Business News

FRANKFURT (Reuters) – The European Central Bank is all but certain to start offloading some of its 5 trillion euro ($5.3 trillion) bond stash next year as it ramps up …

SHANGHAI (Reuters) -China Evergrande Group’s electric vehicle unit has suspended mass production of its only model due to a lack of new orders, two people with knowledge of the matter …

ACCRA (Reuters) – Germany has pledged 82 million euros ($86 million) to Ghana in grants to support renewable energy and financial sector development, Ghana’s finance ministry said in a statement …

By Padraic Halpin DUBLIN (Reuters) -Ireland’s domestic economy shrank by 1.1% quarter-on-quarter from July to September, following the strong investment driven growth of 4.7% in the second quarter of the …

(Reuters) – Global equity funds recorded enormous outflows in the week ended on Nov. 30 as investors booked profits – after a rally in the last month – amid concerns …

By Jane Lanhee Lee REDWOOD CITY, Calif. (Reuters) – Reach Power Inc, a Silicon Valley startup that beams electricity wirelessly, said on Friday it had raised $30 million in a …

By Andrew Goudsward (Reuters) – Turmoil in the cryptocurrency industry has rattled major exchanges and sent the value of digital assets tumbling, but at least one group stands to gain: …

MEXICO CITY (Reuters) – Mexico will raise the minimum wage by 20% next year after employers, labor representatives and the government reached an agreement, officials said on Thursday, although some …

BERLIN (Reuters) – German Chancellor Olaf Scholz welcomed comments by U.S. President Joe Biden that he is open to tweaking the Inflation Reduction Act that has raised fears in Europe …

A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. It’s payrolls Friday, yet the most keenly awaited U.S. economic data point may not hold much …

(Reuters) – Regulators must step in to protect crypto investors after the collapse of FTX, financial industry executives and lawmakers said at the Reuters NEXT conference this week, the latest …

BERLIN (Reuters) – German exports fell more than expected in October, as high inflation and supply chain snags hit demand in its key trading partners, further raising the spectre of …

BRUSSELS (Reuters) – Euro zone producer prices fell more than expected month-on-month in October and decelerated sharply year-on-year, underlining economists’ expectations that inflation may have peaked. The European Union’s statistics …

By Tim Hepher PARIS (Reuters) -Airbus delivered an estimated 66 jets in November, leaving itself a near-record challenge of 137 in December to meet its 2022 goal, though it has …

PARIS (Reuters) -The United Nations food agency’s world price index fell marginally in November, marking an eighth straight monthly fall since a record high in March after Russia’s invasion of …

By Tim Hepher MUNICH (Reuters) – Airbus, struggling to meet resurgent jet demand in the face of crumbling supply chains and labour shortages, has exceeded this year’s hiring targets but …

By Julie Zhu, Engen Tham and Jing Xu HONG KONG/SHANGHAI/BEIJING (Reuters) -China has ordered its top four state-owned banks to issue offshore loans to help developers repay overseas debt, three …

MADRID (Reuters) -Unemployment fell and net jobs were created in November in Spain, official data showed on Friday, reflecting strength in the labour market despite a slowing economy. The figures …

By Akash Sriram (Reuters) -Tesla Inc Chief Executive Elon Musk delivered the company’s first heavy-duty Semi on Thursday to PepsiCo without offering updated forecasts for the truck’s pricing, production plans …

By Nobuyo Saito TOKYO (Reuters) – Japanese shares of soccer-related companies had a good day on Friday as they mirrored the national team’s roller-coaster performance at the World Cup where …

By Oliver Hirt, Selena Li, Sumeet Chatterjee and Noele Illien ZURICH (Reuters) -Credit Suisse is accelerating cost cuts announced just weeks ago, Chairman Axel Lehmann said on Friday, as client …

(Reuters) -Binance paused withdrawals of Ankr tokens after the cryptocurrency exchange’s CEO Changpeng Zhao said the tokens were possibly targeted by hackers. Ankr told decentralized exchanges to block trading and …

STOCKHOLM (Reuters) – Sweden-based Volvo Car AB said on Friday its sales grew 12% year-on-year in November to 59,154 cars. “Overall underlying demand for the company’s cars continues to remain …

ZURICH (Reuters) – Credit Suisse Chairman Axel Lehmann said in a TV interview with Bloomberg on Friday the embattled bank’s outflows have basically stopped and that it is seeing partial …

By Eduardo Baptista BEIJING (Reuters) – As a physics student at the elite Peking University in Beijing, Lynn Lau was expecting big Chinese private sector companies to scour the campus …