Business News

LONDON (Reuters) – Pay deals awarded by British employers lost more of their inflationary heat, according to data published on Wednesday, a day before the Bank of England announces whether …

By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Airline operator ANA Holdings plans to offer around $60 million worth of shares to thousands of employees, the latest Japanese company …

By Paul Sandle LONDON (Reuters) – Britain urged Meta not to roll out end-to-end encryption on Instagram and Facebook Messenger without safety measures to protect children from sexual abuse after …

By Sarah Wu TAIPEI (Reuters) -Arizona is in talks with Taiwanese chipmaker TSMC on advanced packaging, Governor Katie Hobbs said on Tuesday, as the U.S. state seeks to attract more …

NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday whether Washington would show understanding over another yen-buying intervention by Japan “depends on the details” of the situation. …

By Sinéad Carew and Lewis Krauskopf (Reuters) -Shares of Arm Holdings closed down 4.9% on Tuesday, in their third daily decline out of the stock’s first four sessions as a …

(Updated at 4:23 p.m. ET with closing prices) By Stephen Culp NEW YORK (Reuters) -Wall Street lost ground on Tuesday, with risk-off sentiment weighing as the U.S. Federal Reserve convened …

By Dawn Chmielewski (Reuters) -Walt Disney said on Tuesday it would nearly double its capital expenditure for its parks business to about $60 billion over the next 10 years. Disney …

(Reuters) -New York Governor Kathy Hochul on Tuesday announced the start of construction on the converter station of the Champlain Hudson Power Express transmission line, a project to bring electricity …

By Rodrigo Campos and Harry Robertson NEW YORK/LONDON (Reuters) -Global debt hit a record $307 trillion in the second quarter of the year despite rising interest rates curbing bank credit, …

By Stephen Nellis (Reuters) -The chair of the U.S. House of Representatives’ committee on China is planning to meet with a semiconductor industry group to express concerns over U.S. investments …

By Niket Nishant and Noel Randewich (Reuters) -Instacart’s shares ended up 12% in their Nasdaq debut on Tuesday, failing to hold onto an intraday gain of as much as 43%, …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. China is expected to keep benchmark lending rates unchanged on …

WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission (SEC) on Tuesday charged Concord Management and its owner with failing to register with regulators while operating as an investment adviser to …

ZURICH (Reuters) – UBS’s chief executive said on Tuesday that the momentum is pretty positive at the Swiss bank, which manages $5.5 trillion in assets since merging with former rival …

By Max A. Cherney (Reuters) – Artificial intelligence chip startup SambaNova Systems announced a new semiconductor on Tuesday, designed to allow its customers to use higher quality AI models at …

By Lucia Mutikani WASHINGTON (Reuters) – U.S. homebuilding plunged to a more than three-year low in August as a resurgence in mortgage rates weighed on demand for housing, but a …

By Patrick Wingrove (Reuters) – Eli Lilly on Tuesday said it was suing 10 U.S. medical spas, wellness centers and compounding pharmacies for selling products claiming to contain tirzepatide, the …

By Stephanie Kelly (Reuters) -Oil prices rose to 10-month highs on Tuesday before easing, as investors took profits following three sessions of gains that followed extended production cuts from Saudi …

By Herbert Lash NEW YORK (Reuters) -Global stocks eased and the 10-year Treasury yield almost hit levels last seen in 2007 as a plunge in U.S. homebuilding last month underscored …

(This Sept. 18 story has been corrected to fix SocGen’s reported second-quarter group cost-to-income ratio which stood at 65.8%, not 75%, in paragraph 5) LONDON (Reuters) – Societe Generale’s new …

(Reuters) – Bankrupt drugmaker Mallinckrodt is in talks with major investors about selling some or all of its business units, which could lead to its exit from the opioid business, …

By Zeba Siddiqui SAN FRANCISCO (Reuters) – Hackers who breached casino giants MGM Resorts International and Caesars Entertainment in recent weeks also broke into the systems of three other companies …

By Ben Klayman and David Shepardson TOLEDO, Ohio (Reuters) – United Auto Workers members picketing in Michigan and Ohio urged union leaders to hold firm on their biggest demands on …

By Greg Bensinger SAN FRANCISCO (Reuters) – Some workers within Amazon’s once-storied hardware division – responsible for popular devices like the Kindle reader and Echo voice-assistant – say morale within …