Business News

By Anant Chandak BENGALURU (Reuters) – India’s factory activity expanded at its fastest pace in three months in November, a private survey showed on Thursday, signalling resilient demand despite deteriorating …

By Andrea Shalal WASHINGTON (Reuters) -International Monetary Fund strategy chief Ceyla Pazarbasioglu said she will travel to China next week for high-level meetings, part of efforts to press the world’s …

By Diane Bartz and Alexandra Alper (Reuters) -The Biden administration has banned approvals of new telecommunications equipment from China’s Huawei Technologies and ZTE because they pose “an unacceptable risk” to …

NEW DELHI (Reuters) – India’s unemployment rate rose to 8.0% in November, highest in three months, from 7.77% in the previous month, data from the Centre for Monitoring Indian Economy …

By Sonali Paul MELBOURNE (Reuters) -Woodside Energy Group Ltd, Australia’s top independent gas producer, flagged on Thursday a drop in free cash flow over the next few years, which raised …

By Tetsushi Kajimoto TOKYO (Reuters) -Japanese companies raised spending on plant and equipment for a sixth straight quarter in July-September, data released on Thursday showed, though recession risks cloud the …

By David Shepardson WASHINGTON (Reuters) – A senior U.S. lawmaker wants details from the Federal Aviation Administration (FAA) about the safety of the cockpit alerting system for the Boeing 737 …

By Howard Schneider and Ann Saphir (Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said it was time to slow the pace of coming interest rate hikes while also …

TOKYO (Reuters) – Japan’s manufacturing activity contracted for the first time in nearly two years in November, a private survey showed, as a slump in demand and output deepened driven …

BEIJING (Reuters) – China’s factory activity shrank in November as widespread COVID-19 curbs disrupted manufacturers’ output, a private sector survey showed on Thursday, weighing on employment and economic growth in …

By Carolina Mandl NEW YORK (Reuters) – BlackRock Inc Chief Executive Larry Fink said on Wednesday that there appear to have been “misbehaviors” by the now-bankrupt FTX crypto exchange, but …

By Jihoon Lee and Choonsik Yoo SEOUL (Reuters) -South Korea’s exports in November suffered their worst annual drop in 2-1/2 years, hurt by cooling global demand in major markets led …

(Reuters) -BHP Group Ltd Chief Executive Mike Henry told the Reuters NEXT conference on Wednesday that “all fundamentals are in place” in China for continued economic growth over the next …

(Reuters) -Adena Friedman, chief executive officer of Nasdaq Inc, said on Wednesday she expects a quiet first half of 2023 for initial public offerings as investors remain cautious, but is …

SEOUL (Reuters) – South Korea’s factory activity shrank for a fifth straight month in November but the downturn moderated slightly, a private-sector survey showed on Thursday, possibly suggesting the worst …

By Julie Steenhuysen CHICAGO (Reuters) – Swiss drugmaker Roche is closing down most clinical trials of its experimental Alzheimer’s drug gantenerumab after it failed to slow advance of the mind-robbing …

By Axel Threlfall and Michelle Nichols NEW YORK (Reuters) -The United Nations will ask for 25% more money in 2023 to fund humanitarian aid operations globally, the U.N. aid chief …

(Reuters) – Elon Musk on Wednesday tweeted that the misunderstanding about Twitter potentially being removed from Apple Inc’s App Store was resolved following his meeting with the iPhone maker’s Chief …

By Granth Vanaik (Reuters) -DoorDash Inc said on Wednesday it was cutting about 1,250 jobs, or 6% of its total workforce, as the food-delivery company looks to keep a lid …

By Michael S. Derby NEW YORK (Reuters) – Top Federal Reserve officials are showing no appetite for slowing the pace of the central bank’s balance sheet reduction, pushing back on …

By Cynthia Kim SEOUL (Reuters) -South Korea’s central bank is ready to adjust its pace of policy tightening to achieve a soft landing in real estate and hopes the peak …

By Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund sees scope for a further gradual, safe recalibration of China’s zero-COVID policy that could allow economic growth in the country …

By Tiyashi Datta (Reuters) -Salesforce Inc said on Wednesday that Bret Taylor would step down as co-chief executive officer in January and that co-founder Marc Benioff will become the sole …

(Reuters) – Johnson & Johnson said on Wednesday its board has elected Chief Executive Officer Joaquin Duato to take on the additional role of Chairman, effective in January. Duato will …

SEOUL (Reuters) – South Korea’s economy grew in the third quarter by a seasonally adjusted 0.3% from a quarter earlier, revised central bank data showed on Thursday, unchanged from the …