Business News

By Philip Blenkinsop BRUSSELS (Reuters) – European Union ministers warned on Friday that time was running out to resolve differences with Washington over U.S. plans to give tax credits to …

By Anna Ringstrom STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores, reported on Friday a 9% rise in annual operating profit, as price increases helped it offset …

LINDA MCMAHON: This Black Friday, Remember Your Local Small Businesses Linda McMahon on November 25, 2022 For millions of Americans, the minute the clock strikes midnight after a big Thanksgiving …

By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) – Pakistan’s central bank unexpectedly raised its key policy rate by 100 basis points to 16% on Friday to ensure high inflation does not …

NEW DELHI (Reuters) – Amazon Inc will shut down a food-delivery business it was testing in India, the e-commerce giant said on Friday, a day after it announced the winding …

OTTAWA, NOV 25 (Reuters) – Canada recorded a C$1.72 billion ($1.29 billion) budget surplus for the first six months of the 2022/23 fiscal year, helped by higher tax revenues, the …

(Reuters) -Mexico’s economy grew 0.9% in the third quarter from the previous three-month period, national statistics agency INEGI said on Friday, boosted mainly by the primary sector and despite an …

By Doyinsola Oladipo NEW YORK (Reuters) -Counting the days until Christmas is a major marketing move for retailers this year. Retailers from Target to LVMH’s Christian Dior are betting that …

By Akriti Sharma (Reuters) -Adidas AG on Thursday said it has launched an investigation into allegations of inappropriate behavior by Kanye West, after the German sporting goods maker last month …

BUCHAREST (Reuters) – Romania’s consolidated budget deficit widened to 3.37% of gross domestic product in the first ten months from 3.04% at the end of September, finance ministry data showed …

LONDON (Reuters) – The volume of Black Friday payment transactions in Britain as of 1300 GMT was up 0.7% versus 2021, data from Barclaycard Payments showed on Friday. Barclaycard Payments, …

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s top economic thinkers are sparring over the outlook for inflation and rates, leaving investors scratching their heads …

BERLIN (Reuters) – Germany’s lower and upper houses of parliament passed a welfare reform on Friday that will raise unemployment benefits from the beginning of next year and provide new …

BRASILIA (Reuters) – Brazil’s current account deficit in October came slightly lower than expected, central bank data showed on Friday, in the wake of a better trade balance surplus and …

(Reuters) – Hungary’s foreign minister said on Friday it has complained to the European Union alleging that Ukraine is making business harder for its companies such as drugmaker Richter because …

MEXICO CITY, Nov 25 (Reuters) – Mexico’s economy grew 0.9 percent in the third quarter from the previous three-month period, the national statistics agency said on Friday. In annual terms, …

By Phuong Nguyen HAI PHONG, Vietnam (Reuters) -Vietnam’s electric vehicle maker VinFast said on Friday it had shipped its first batch of 999 cars to the United States, capping a …

By Nikunj Ohri NEW DELHI (Reuters) – Indian states asked the federal finance ministry for greater budgetary autonomy and fiscal space, officials said after a budget consultation meeting in New …