Business News

(Reuters) – Alphabet Inc’s YouTube said it fixed an issue affecting the platform after it was down for thousands of users on Wednesday. “YouTube app on iOS devices should now …

(Reuters) – Tesla Inc is planning to ramp up production of its Model Y cars from Gigafactory Texas next year, Electrek reported on Wednesday. The electric-vehicle manufacturer is currently preparing …

By Sinéad Carew NEW YORK (Reuters) – Wall Street equities closed sharply higher on Wednesday while U.S. Treasury yields declined and the dollar sank after Federal Reserve Chair Jerome Powell …

By Anthony Esposito and Isabel Woodford MEXICO CITY (Reuters) -The Bank of Mexico on Wednesday issued more upbeat forecasts for inflation and economic growth, while highlighting that the end could …

LISBON (Reuters) – Global police agency Interpol confirmed on Wednesday it had issued a red notice for Angolan billionaire Isabel dos Santos, daughter of the country’s former president, asking global …

By David Shepardson WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo said on Wednesday Washington must do more to counter China while insisting the world’s two largest economies should not …

By Krystal Hu (Reuters) -John Curtius, a former partner at investment firm Tiger Global, is in talks with institutional investors to raise $1 billion for his new venture fund Cedar …

By Hannah Lang (Reuters) -A Democratic senator and chair of a key committee on Wednesday pressed U.S. Treasury Secretary Janet Yellen for help in securing legislation to better regulate cryptocurrency, …

By Brendan Pierson and Blake Brittain (Reuters) -Johnson & Johnson’s Janssen unit has sued Amgen Inc over its plan to market a drug for ulcerative colitis and other conditions similar …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The surprisingly dovish tone of Fed Chair Jerome Powell’s speech on Wednesday is …

By David Shepardson WASHINGTON (Reuters) -A key U.S. lawmaker is proposing an extension of a certification deadline for two new versions of Boeing’s 737 MAX and requiring retrofitting existing planes, …

By Jeffrey Dastin and Paresh Dave LAS VEGAS (Reuters) – Amazon.com Inc is planning to roll out warning cards for software sold by its cloud-computing division, in light of ongoing …

STOCKHOLM (Reuters) -Spotify’s CEO Daniel Ek renewed his attack on Apple on Wednesday in a series of tweets alleging the iPhone maker “gives itself every advantage while at the same …

By Michelle Nichols and Axel Threlfall NEW YORK (Reuters) -A deal is “quite close” to resume Russian ammonia exports via a pipeline to a Black Sea port in Ukraine, U.N. …

NEW YORK (Reuters) – The Federal Reserve could scale back the pace of its interest rate hikes as soon as December, Fed Chair Jerome Powell said on Wednesday, while cautioning …

(Reuters) – The Federal Reserve has been “pretty aggressive” already with its interest rate hikes and won’t try to crash the economy with further sharp increases just to get inflation …

By Karen Brettell NEW YORK (Reuters) – The dollar dipped on Wednesday after Federal Reserve Chairman Jerome Powell said that the U.S. central bank could scale back the pace of …

(Reuters) – Silicon Valley leaders welcomed Elon Musk’s management of Twitter, with Netflix co-founder Reed Hastings going so far as to call the billionaire “the bravest, most creative person on …

By Lindsay Dunsmuir (Reuters) – U.S. firms flashed mixed signals on the strength of the economy, inflation and labor demand in the month and a half before the Thanksgiving holiday …

By Laura Sanicola (Reuters) -Oil prices settled up by over $2 per barrel on Wednesday on signs of tighter supply, a weaker dollar and optimism over a Chinese demand recovery. …

By John McCrank, Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) -Volatility and market uncertainty have taken a big hit on the number of companies going public, driving down initial …

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings decreased in October, but remained significantly high, pointing to continued labor market resilience despite the Federal Reserve’s efforts to cool demand …

(Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said the U.S. central bank should use a “risk management” approach to raising rates, going “slower and feeling our way a …

(Reuters) – Policymakers in Asia and Africa voiced growing economic optimism at a Reuters conference on Wednesday, chiming with a rally in emerging markets, an expected slowdown in U.S. rate …

By David Lawder NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday that businesses reviewing their supply chains should be mindful of the geopolitical risks surrounding China’s …