Business News

MUMBAI (Reuters) – India’s economy is expected to grow between 6.1% and 6.3% in the second quarter of the current financial year based on high frequency indicators and economic prediction …

(Reuters) – Mexico’s economy likely grew by 5.0% in October compared with the same month a year earlier, a preliminary estimate from national statistics agency INEGI showed on Friday. (Reporting …

By David Milliken LONDON (Reuters) – British finance minister Jeremy Hunt appears to have delayed the “properly tough” decisions needed to balance the public finances, possibly in the hope of …

PARIS (Reuters) – Airbus and Dassault have found a deal to move to the next phase of the FCAS Franco-German warplane project, a French government source said on Friday. “That’s …

(Reuters) – Twitter has had a bumpy ride since new owner Elon Musk took charge last month. The world’s richest person halted plans to charge $8 for the sought-after blue …

By Ezgi Erkoyun and Ali Kucukgocmen ISTANBUL (Reuters) – Turkey’s central bank is expected to cut rates by another 150 basis points next week to 9% and halt the easing …

FRANKFURT (Reuters) – Euro zone banks are set to repay 296 billion euros in multi-year loans from the European Central Bank next week, the ECB said on Friday, in its …

BEIJING (Reuters) – China’s securities regulator on Friday released draft rules on deepening a registration-based system for bond sales, in a reform that streamlines the process for companies to raise …

(Reuters) -Hong Kong’s Cathay Pacific Airways Ltd on Friday forecast a “substantial” annual loss even though second-half results are expected to improve sequentially thanks to an uptick in travel and …

A look at the day ahead in U.S. and global markets from Mike Dolan. The cat-and-mouse game between the Fed and financial markets has intensified around 5% peak interest rates …

By Vuyani Ndaba JOHANNESBURG (Reuters) – South Africa’s Reserve Bank will hike its repo rate another 75 basis points to 7.00% on Thursday to reinforce its action over sticky and …

(Reuters) – Advertisers are grappling with Twitter’s new ownership under Tesla boss Elon Musk, who once tweeted “I hate advertising”. Below are reactions from some of the companies: Allianz SE …

(Corrects year in the fourth paragraph to 2023, not 2013) BEIJING (Reuters) -China’s central bank issued new rules on Friday to make the country’s bond market more attractive to foreign …

LONDON (Reuters) – EDF and Credit Agricole said on Friday they had signed a 1 billion euro ($1.04 billion) loan to finance the maintenance of nuclear power plants in France. …

By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s core consumer inflation accelerated to a 40-year high in October, driven by currency weakness and imported cost pressures that the central bank shrugs …

By David Shepardson WASHINGTON (Reuters) – The United States aims to only sell and produce zero-emissions medium- and heavy-duty vehicles like school buses and tractor trailers by 2040, the U.S. …

By Emma-Victoria Farr and Jan Schwartz FRANKFURT/HAMBURG (Reuters) – German carmaker Volkswagen is holding discussions with investors to join its battery division ahead of a possible partial initial public offering …

By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s incoming government effort to exempt nearly 200 billion reais ($37 billion) of spending from a constitutional budget cap could push …

TOKYO (Reuters) -Japanese electric motor maker Nidec Corp is planning to invest about $715 million to build a plant in Mexico to make electric car motors, its chief executive said …

By Amanda Cooper LONDON (Reuters) – The dollar eased on Friday, but was still headed for its largest weekly gain in a month, after Federal Reserve officials reiterated their commitment …

FRANKFURT (Reuters) -Deutsche Bank Chief Executive Christian Sewing on Friday warned of the “danger” of European reliance on foreign banks, equating the threat to the region’s dependence on outsiders for …

A look at the day ahead in markets from Anshuman Daga While Fed speakers talk tough on interest rates and keep market expectations in check, Britain’s bleak outlook will also …

By Georgina Lee HONG KONG (Reuters) – A leading cryptocurrency retail service provider in Hong Kong said it has ceased trading as the broader fallout from the collapse of FTX, …