Business News

BIRMINGHAM, England (Reuters) -Britain will not pursue any trading relationship with the European Union that relies on the country aligning with the bloc’s laws, Prime Minister Rishi Sunak said on …

PARIS (Reuters) – French President Emmanuel Macron on Monday will host a dinner with a number of European chief executives to convince them not to move production to the United …

By Gergely Szakacs APC, Hungary (Reuters) – Facing a surge in heating costs, Andrea Varga is desperately trying to sell the communist-era house she can no longer afford, but with …

By Xie Yu HONG KONG (Reuters) – China needs to implement plans to improve the balance sheets of “good quality” property developers reeling from a cash crunch in the sector, …

ATHENS (Reuters) -Greece’s economy should grow by 1.8% next year, at a slower pace than initially expected, as soaring energy costs and higher inflation are seen hurting tourism and curbing …

By Andrea Martinez, Monica Machicao and Daniel Ramos SANTA CRUZ/LA PAZ, Bolivia (Reuters) – Tropical, sunny and relatively wealthy, Bolivia’s farming region of Santa Cruz has long butted heads with …

By Joice Alves LONDON (Reuters) – Sterling slipped against a strengthening U.S. dollar on Monday as global risk sentiment was dented by rising COVID-19 cases in China, which led to …

By Bianca Flowers (Reuters) – Industrial bellwether Deere & Co is expected to post double-digit growth in quarterly sales and profit on Wednesday, fueled by higher crop prices and pent-up …

A look at the day ahead in U.S. and global markets from Mike Dolan. With an anxious look at China’s worsening COVID surge, the U.S. dollar appears revitalized just as …

By David Shepardson (Reuters) – Lawyers for the U.S. Justice Department said American Airlines Group’s alliance with JetBlue Airways Corp would harm travelers while the airlines pushed back during closing …

(Reuters) – Honeywell International Inc will pay $1.3 billion to end asbestos-related claims stemming from its former unit, the industrial giant said on Friday, helping it reduce its environmental liabilities. …

By Uditha Jayasinghe (Reuters) – Sri Lanka’s National Consumer Price Index (NCPI) slowed year-on-year to 70.6% in October after a record 73.7% jump in September, the statistics department said on …

LONDON (Reuters) – The average British household was 142 pounds ($168) worse off in October year-on-year, mainly due to the steep rise in energy costs, supermarket group Asda said on …

By Simon Johnson STOCKHOLM (Reuters) – Sweden’s central bank is seen hiking its policy rate by three-quarters of a percentage point this week to get a grip on soaring inflation, …

By Jamie Freed (Reuters) – Cathay Pacific Airways Ltd will increase base pay by an average of 3.3% in 2023 and offer bonuses worth the equivalent of one month’s salary …

AMSTERDAM (Reuters) -Workers at BP’s Rotterdam refinery, which is currently offline, will not help restart operations unless their wage demands are met, union leaders said on Monday. The company said …

(Reuters) – Exxon Mobil said on Monday that its 390,000 barrel per day (bpd) Fawley oil refinery in southern England is unaffected by strike action. “Operations at Fawley are unaffected …

FRANKFURT (Reuters) -The European Central Bank will raise interest rates again in December and next year to fight inflation but those increases may well be smaller than the most recent …

By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – Book-publishing powerhouse Simon & Schuster’s owner will let its $2.2 billion sale to Penguin Random House collapse on Monday, opening …

(Reuters) -Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, said it owes its 50 biggest creditors nearly $3.1 billion. The exchange owes about $1.45 billion to its …

By Sabrina Valle (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva begins interviews this week with candidates to run oil firm Petrobras, people familiar with the talks said, kicking …

(Reuters) – Collapsed crypto exchange FTX said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganisation of some businesses. …

PARIS (Reuters) – France should begin reining in public finances from next year to ensure that debt does not keep piling up, the International Monetary Fund said on Monday. In …