Business News

By David Lawder NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said recent turmoil in the cryptocurrency market has not spilled over to the banking sector, but …

(Reuters) -A warning from Crowdstrike Holdings Inc that clients were cutting back on spending and delaying purchases due to an economic slowdown slammed cybersecurity stocks on Wednesday, inflicting fresh pain …

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 by aggressively raising …

WASHINGTON/NEW YORK (Reuters) – (This Nov. 16 story has been corrected to fix the fourth paragraph by deleting reference to most of Trump’s endorsed candidates losing and saying instead that …

NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said she “certainly” planned to stay on in her job for the duration of President Joe Biden’s term, dismissing …

NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday that she was not sure what an acceptable unemployment rate is for the current economic outlook, but said …

SAO PAULO (Reuters) -Brazil’s jobless rate fell to 8.3% in the three months through October, statistics agency IBGE said on Wednesday, below market expectations as the key indicator continues to …

FRANKFURT (Reuters) -Euro zone inflation eased far more than expected in November, raising hopes that sky-high price growth is now past its peak and bolstering, if not outright sealing the …

By Marianna Parraga and Jonathan Saul HOUSTON/LONDON (Reuters) – When the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it had quality certificates for …

By Stine Jacobsen COPENHAGEN (Reuters) – Swedish fashion giant H&M on Wednesday became the first big European retailer to start laying off staff in response to the cost of living …

SHANGHAI (Reuters) – BYD was the top-selling car brand in China in the first four weeks of November, brokerage data showed, outperforming the Volkswagen brand in a reversal that highlights …

WASHINGTON (Reuters) – The U.S. trade deficit in goods widened sharply in October as exports declined amid slowing global demand and a strong dollar. The goods trade deficit surged 7.7% …

BERLIN (Reuters) -Economy Minister Robert Habeck on Wednesday announced Germany’s withdrawal from the Energy Charter Treaty, as growing dissatisfaction with the agreement in Europe casts doubt over its future. “The …

(Reuters) – S&P Global Inc plans to sell its engineering solutions business and has confidentially engaged with several prospective buyers, the market intelligence and ratings agency said on Wednesday. The …

WASHINGTON (Reuters) – U.S. private payrolls increased far less than expected in November, suggesting demand for labor was cooling amid high interest rates, a survey showed on Wednesday. Private employment …

(Reuters) – Citigroup on Wednesday forecast global growth to slow to below 2% next year, echoing similar projections by major financial institutions such as Goldman Sachs, Barclays, and J.P. Morgan. …

BERLIN (Reuters) – Germany and its European Union partners are trying to find an amicable agreement with the United States on how to deal with the effects of the U.S …

By Sergio Goncalves LISBON (Reuters) – Portugal’s economy expanded 0.4% in the third quarter from 0.1% in the previous quarter, boosted by higher private consumption despite inflation at three-decade highs, …

(Reuters) – Corteva Inc will buy biologicals firm Stoller Group Inc for $1.2 billion in cash, the companies said on Wednesday, as it looks to expand its crop protection business. …

(Reuters) -David Lipton, one of U.S. Treasury Secretary Janet Yellen’s closest advisers who has helped shape international economic policy, will step down on Wednesday, the department said. The former International …

PARIS (Reuters) – France’s antitrust authority said on Wednesday it has rejected a claim by pay TV channel Canal Plus and beIN Sports that the French football professional league (LFP) …

By Maha El Dahan, Alex Lawler and Ahmad Ghaddar DUBAI/LONDON (Reuters) – The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change, sources …

(Reuters) – Portugal’s monthly unemployment rate remained unchanged at 6.1% from the previous month, the National Statistics Institute (INE) said in its flash estimate on Wednesday. The labour underutilisation rate …

(Reuters) – National Bank of Canada posted a lower fourth-quarter profit on Wednesday, as the Canadian lender set aside higher provisions in the face of an economic downturn. The company …

SHANGHAI (Reuters) – Apple supplier Foxconn on Wednesday offered a 1,000 yuan ($141.11) award to staff who successfully recommend people to work at its plant in China’s Zhengzhou city, as …