Business News

NEW YORK (Reuters) – Speculators raised net short U.S. dollar positioning in the latest week to its largest level since July 2021, according to calculations by Reuters and U.S. Commodity …

By Kirstin Ridley LONDON (Reuters) -A senior banker is suing NatWest for around 4.3 million pounds ($5.2 million) after a London judge ruled that she was discriminated against and unfairly …

By Elvira Pollina and Giuseppe Fonte MILAN/ROME (Reuters) -Italy’s new government will likely need to seek fresh options for ailing former phone monopoly Telecom Italia, as a planned bid for …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The social unrest flaring up across China – and how Beijing responds to …

By Sinéad Carew and Lawrence White NEW YORK/LONDON (Reuters) – Wall Street equities deepened losses on Monday while U.S. oil futures reversed course to settle higher on production rumors after …

By Kanishka Singh WASHINGTON (Reuters) -The U.S. Federal Trade Commission and seven U.S. states reached a settlement with Alphabet Inc’s Google and iHeartMedia Inc over allegations of deceptive ads promoting …

By Michael S. Derby NEW YORK (Reuters) -New York Federal Reserve President John Williams on Monday said the U.S. central bank needs to press forward with rate rises but did …

By Nia Williams (Reuters) – Global oil benchmarks pulled back from their lowest levels in nearly a year on Monday, with U.S. crude ending positive, bolstered by talk of an …

By Howard Schneider WASHINGTON (Reuters) – The successive shocks to global supply chains from the pandemic and the war in Ukraine could “herald a shift” to an era of more …

By Maria Sheahan, Toby Sterling and Alvise Armellini BERLIN/AMSTERDAM/MILAN (Reuters) -Europeans snapped up smartphones, Christmas decorations, sweaters and jewellery during a surge in shopping over the Black Friday weekend, though …

By Andreas Rinke and Sarah Marsh BERLIN (Reuters) – Building a lithium-ion battery factory in Germany, Europe’s top car producer, had seemed like a no-brainer for Northvolt. But a new …

By Foo Yun Chee BRUSSELS (Reuters) -Microsoft is likely to offer remedies to EU antitrust regulators in the coming weeks to stave off formal objections to its $69 billion bid …

(Reuters) -Polish video game maker CD Projekt’s third-quarter net profit jumped more than 500%, topping expectations, helped by sales of its flagship Cyberpunk 2077 game. Interest in the game was …

By Valentina Za MILAN (Reuters) -Italy’s BPER Banca on Monday said it had agreed a partnership with loan manager Gardant, which will team up with state-owned peer AMCO to help …

By Sruthi Shankar and Devik Jain (Reuters) -Europe’s STOXX 600 index fell on Monday, in line with a rout in global markets on economic jitters due to rare protests in …

By Emma-Victoria Farr FRANKFURT (Reuters) – U.S. buyout firm Carlyle Group has raised more than three billion euros ($3.12 billion) for a pan-European technology fund that is taking advantage of …

(Reuters) – Yahoo Inc will buy nearly 25% of Taboola.com Ltd and become its largest shareholder in a deal allowing the online advertising company to exhibit paid content on the …

CAIRO (Reuters) – Egypt posted economic growth at 4.4% in Q1 of the fiscal year 2022/23, a cabinet statement said on Monday. The employment rate rose slightly to 7.4% in …

By Noah Browning, Pratima Desai and Michael Hogan LONDON (Reuters) – Global commodities markets were hit on Monday by worries over rare demonstrations in China against COVID-19 curbs, with oil …

By Abhirup Roy and Shilpa Jamkhandikar MUMBAI (Reuters) – Ingka Group, the owner of most IKEA furniture stores, is planning additional price cuts as some input costs ease, its retail …

(Reuters) – Tesla is developing a revamped version of Model 3, according to four people with knowledge of the effort, as the top EV maker aims to cut production costs …

MILAN (Reuters) – Italian coffee maker Lavazza said on Monday it had made a binding offer to acquire French coffee seller MaxiCoffee to strengthen its position in France and in …

ROME (Reuters) – Italy’s government has not clarified with unions whether state lender Cassa Depositi e Presitit (CDP) would submit a preliminary offer for Telecom Italia’s landline grid by a …

(Fixes typo in paragraph 8) By Tim Hepher PARIS (Reuters) – Airbus is facing an increasingly tight end-year scramble to reach 2022 delivery goals, industry sources and preliminary data suggested …

(Reuters) – Shares of Apple Inc fell 1.4% on Monday as growing worker unrest at the world’s biggest iPhone factory in China fanned worries of a deeper hit to the …