Business News

By Fabian Cambero SANTIAGO (Reuters) – GWorkers at Chile’s Escondida mine accepted a new offer from BHP Group Ltd and will not move forward with a strike that had been …

By Steven Scheer JERUSALEM (Reuters) – The head of the Israeli parliament’s powerful finance committee on Monday criticized a wave of central bank interest hikes and said he would propose …

(Reuters) – China Evergrande Group said on Monday its unit has entered into a deal to sell a piece of commercial land in Shenzhen for 7.54 billion yuan ($1.05 billion), …

By Mike Stone WASHINGTON (Reuters) – The Pentagon is considering a Boeing proposal to supply Ukraine with cheap, small precision bombs fitted onto abundantly available rockets, allowing Kyiv to strike …

FRANKFURT (Reuters) – Euro zone inflation has not peaked and the risk is that it will turn out even higher than currently expected, European Central Bank President Christine Lagarde said …

FRANKFURT (Reuters) – European Central Bank President Christine Lagarde kept her options open as to the size and number of the ECB’s future interest rate hikes on Monday, saying this …

By Yuvraj Malik and Casey Hall (Reuters) – Chinese e-commerce platform Pinduoduo Inc beat Wall Street estimates for third-quarter revenue on Monday, helped by COVID-related lockdowns in the country that …

ATHENS (Reuters) – Alpha Finance, a subsidiary of Alpha Bank, on Monday raised its price targets on shares of Eurobank, National Bank and Piraeus Bank, three of Greece’s largest lenders, …

By Jesús Aguado MADRID (Reuters) -Spanish banks Bankinter and Caixabank are considering challenging the government’s new banking tax proposal in court, executives from the lenders said on Monday. An amended …

GENEVA (Reuters) – The World Trade Organization said on Monday that its goods barometer had fallen below trend, indicating that trade growth was set to slow in the closing months …

BRASILIA (Reuters) – A broad measure of Brazilian consumer and business credit default ratios rose in October to its highest level in almost four years, central bank data showed on …

LONDON (Reuters) – Britain’s Rolls-Royce said it has successfully run an aircraft engine on hydrogen, a world aviation first that marks a major step towards proving the gas could be …

BERLIN (Reuters) – Germany’s Finance Minister Christian Lindner said on Monday he expects the country’s debt to GDP ratio to climb to around 70% after the energy crisis but said …

By Niket Nishant and Divya Rajagopal (Reuters) -Top Canadian banks are expected to post a decline in fourth-quarter profits as choppy markets hurt wealth management and a slow deal pipeline …

By Marie Mannes STOCKHOLM (Reuters) -Philip Morris International (PMI) said on Monday it now owned a big enough stake in Swedish Match to initiate a compulsory redemption of remaining shares …

By Indradip Ghosh BENGALURU (Reuters) – The Indian economy likely returned to a more normal 6.2% annual growth rate in July-September after double-digit expansion in the previous quarter, but weaker …

By Lawrence White LONDON (Reuters) -Barclays PLC said on Monday that Chief Executive C.S. Venkatakrishnan would undergo treatment for non-Hodgkin lymphoma, a type of cancer, adding that the condition is …

ATHENS (Reuters) – Greek private sector bank deposits dropped in October after rising for six months in a row, central bank data showed on Monday. Business and household bank deposits …

By Clare Jim and Xie Yu HONG KONG (Reuters) – China’s central bank will offer cheap loans to financial companies to buy bonds issued by property developers, the strongest policy …

BERLIN (Reuters) -Volkswagen and FAW’s plant in Chengdu, China has halted production for the past week due to rising coronavirus cases, and two of the five production lines at its …

ISTANBUL (Reuters) – Turkey’s economy is expected to have expanded 4% in the third quarter and will grow 5% overall in 2022, a Reuters poll showed on Monday, after the …

By Nick Carey and Giulio Piovaccari LONDON/MILAN (Reuters) – The bankruptcy of Stellantis’ Jeep joint venture in China could spell trouble for other global automakers whose output has plunged over …

A look at the day ahead in U.S. and global markets from Mike Dolan. Rare anti-government unrest across China’s cities over the weekend has unnerved world markets, weakening crude oil …

By Xie Yu HONG KONG (Reuters) -Embattled property developer China Evergrande Group aims to win creditors’ approval for its debt restructuring proposals by as early as the end of February, …

SHANGHAI (Reuters) – Chinese stocks on Monday saw the worst day in a month, as recent monetary-easing measures failed to offset investor worries about protests against strict COVID-19 curbs in …