Business News

NEW YORK (Reuters) – U.S. business activity showed little change in September, with the vast services sector essentially idling at the slowest pace since February, and overall new order activity …

(Reuters) – Goldman Sachs Group agreed to pay $6 million to settle U.S. Securities and Exchange Commission charges over providing deficient trading data, the regulator said in a statement on …

(Reuters) – U.S. equity funds suffered substantial outflows in the seven days to Sept. 20, hit by worries that the Federal Reserve would potentially extend the duration of its restrictive …

(Reuters) – California Insurance Commissioner Ricardo Lara took steps on Thursday to allow property insurers to factor in climate risks including wildfires in rate prices, if they increase underwriting in …

(Reuters) – The United Auto Workers (UAW) will announce on Friday it has made real progress with Ford Motor in talks over a new labor contract, a source familiar with …

By David Lawder WASHINGTON (Reuters) – The U.S. Treasury Department on Friday said it was formally launching two new U.S.-China working groups on economic and financial issues aimed at providing …

SYDNEY (Reuters) – Australia will aim for sustained and inclusive full employment to guide future economic policy, the government will announce on Monday, in a bid to consolidate gains in …

(Reuters) – Michael Bloomberg, co-founder of Bloomberg LP, outlined a succession plan for the financial information and news company, saying that his foundation Bloomberg Philanthropies will inherit it and then …

(Reuters) – Global equity funds recorded massive outflows in the seven days ending Sept. 20 on concerns that the Federal Reserve might maintain its tighter monetary policy for longer to …

By Nicoco Chan and Yelin Mo SHANGHAI/BEIJING (Reuters) – Over a hundred customers queued inside Apple’s flagship store in the Chinese financial hub of Shanghai on Friday, waiting to pick …

By Lucy Raitano LONDON (Reuters) -Investors sold stocks at the fastest weekly rate this year in the week to Wednesday, Bank of America Global Research said in a report on …

By Gavin Jones ROME (Reuters) -Revisions to Italy’s economic and public finance data published on Friday offered little help to the government as it prepares a difficult 2024 budget. The …

(Reuters) – United Airlines said on Friday it had promoted company insider Michael Leskinen to chief financial officer, nearly four months after Gerry Laderman announced plans to retire in 2024. …

By Jonathan Cable LONDON (Reuters) – The euro zone economy is likely contract this quarter and won’t return to growth anytime soon, a survey showed, as the dampening effect of …

By Andy Bruce and William Schomberg LONDON (Reuters) -Britain’s economy displayed clear recession signals on Friday, a day after the Bank of England called a halt to its long run …

BERLIN (Reuters) – German housing prices fell by the most since records began in the second quarter as high interest rates and rising materials costs took their toll on the …

By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -The Bank of Japan maintained ultra-low interest rates on Friday and its pledge to keep supporting the economy until inflation sustainably hits …

By Maximilian Heath BUENOS AIRES (Reuters) – Argentina’s sales of the upcoming wheat crop are the slowest in seven years, delayed by farmers waiting for heavier rainfall and gambling on …

A look at the day ahead in U.S. and global markets by Mike Dolan Punch-drunk from a bombardment of central bank decisions this week, world markets attempted to stabilise on …

By Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve system is cutting about 300 people from its payroll this year, a small but rare reduction in headcount across an …

By Mike Dolan LONDON (Reuters) -If the Bank of England is indeed done hiking rates, it calls time on a dire couple of years for British government bonds – even …

By Belén Carreño MADRID (Reuters) -An upward revision of Spain’s quarterly economic growth so far this year and over the 2020-22 period shows the resilience of the euro zone’s fourth-largest …

By Paul Sandle and Yadarisa Shabong LONDON -Microsoft’s restructured $69 billion acquisition of Activision Blizzard “opens the door” to the biggest ever gaming deal being cleared, Britain’s antitrust regulator said …

TOKYO (Reuters) -Toyota Motor will speed up production of electric vehicles of its Toyota and luxury Lexus brands, the Nikkei newspaper reported on Friday. The Nikkei report said the Japanese …

(Reuters) – The Bank of Japan maintained ultra-low interest rates on Friday and a pledge to keep supporting the economy until inflation sustainably hits its 2% target, suggesting it was …