Business News

(Reuters) – Software company Zendesk Inc on Tuesday completed its sale to a group of private equity firms led by Hellman & Friedman and Permira in a deal valued at …

(Reuters) – Britain’s competition watchdog said on Tuesday U.S.-listed oilfield services firm Baker Hughes Co’s acquisition of Altus Intervention could reduce competition among UK oil and gas operators. The Competition …

(Reuters) -Freeport LNG has not yet submitted a full request to the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) to restart a Texas plant, a source …

By Sruthi Shankar and Devik Jain (Reuters) -European shares rose on Tuesday, lifted by rallying oil stocks after a rout in the previous session, as investors looked toward the next …

By Brendan Pierson (Reuters) – The sprawling, five-year-long litigation over the U.S. opioid crisis appears to be entering its final phase with finalized agreements by Teva Pharmaceutical Industries Ltd and …

By Steve Scherer and David Ljunggren OTTAWA (Reuters) – Higher interest rates are starting to slow the Canadian economy, the Bank of Canada said on Tuesday, putting pressure on households …

MADRID (Reuters) – Short-term accommodation in Spain’s 20 biggest cities is rapidly catching up with the number of rooms managed by hotels, a study released on Tuesday found, prompting hoteliers …

By Yousef Saba DUBAI (Reuters) -Dubai’s main airport has raised its passenger forecast for this year by 1.5 million to 64.3 million after passenger traffic nearly tripled in the third …

By Jan Strupczewski BRUSSELS (Reuters) – Euro zone governments should coordinate fiscal policies for 2023 so as not to clash with the European Central Bank’s efforts to curb inflation and …

(Reuters) – Meta Platforms Inc spokesperson Andy Stone said in a tweet on Tuesday that a report on Chief Executive Officer Mark Zuckerberg stepping down next year was false. News …

By Jesús Aguado MADRID (Reuters) – Spain’s cabinet on Tuesday gave its approval to mortgage relief support for more than one million vulnerable households and help for middle-class families a …

By Darya Korsunskaya (Reuters) – Russia plans to spend nearly a third of next year’s budget on defence and domestic security while slashing funding for schools, hospitals and roads as …

By Foo Yun Chee BRUSSELS (Reuters) – Media group Vivendi’s proposed acquisition of rival Lagardere is likely to face a full-scale EU antitrust investigation, people close to the matter said …

MOSCOW (Reuters) – Chinese telecoms giant Huawei is separating its corporate division in Russia and Belarus from other CIS countries, a source close to the company told Reuters on Tuesday. …

By Brendan Pierson (Reuters) – Teva Pharmaceutical Industries Ltd and AbbVie Inc have finalized the terms of settlements worth more than $6.6 billion to resolve thousands of lawsuits by U.S. …

BERLIN (Reuters) – The European Central Bank will certainly raise its interest rates considerably, though how far it ultimately goes will depend on how the economic situation develops, the head …

By Uday Sampath Kumar (Reuters) -Best Buy Co Inc on Tuesday forecast a smaller drop in annual sales than it had previously estimated, saying it was confident that a ramp …

NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester reiterated Tuesday getting inflation down remains critical for the central bank. “Given high levels of inflation, restoring price …

By Summer Zhen and Selena Li HONG KONG (Reuters) – Credit Suisse has laid off about one-third of its China-based investment banking team and nearly half of its research department, …

By Daniel Wiessner (Reuters) – Twitter Inc has told a federal judge in San Francisco that a lawsuit claiming the company violated U.S. law by laying off thousands of workers …

By Julie Zhu HONG KONG (Reuters) – Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma’s Ant Group, said six sources with direct …

By David Randall NEW YORK (Reuters) -Can Walt Disney Co bank on another hit sequel? That appears to be the hope behind the company’s surprise decision to bring back former …

(Corrects second-quarter percentage drop in net sales to 8.5%) By Abigail Summerville and Svea Herbst-Bayliss (Reuters) – Kohl’s Corp’s reluctance to sell much of its real estate and then lease …

WASHINGTON (Reuters) – The International Monetary Fund said on Tuesday its executive board has approved a two-year, 530 million-euro precautionary and liquidity line arrangement for North Macedonia to address economic …