Business News

By David Shepardson and Joseph White (Reuters) -The United Auto Workers union said it would announce on Friday more plants to strike if no serious progress was made in talks …

By Xie Yu HONG KONG (Reuters) -Creditors of Sunac China Holdings Ltd have approved its $9 billion offshore debt restructuring plan, the company said on Monday, marking the first approval …

By Herbert Lash NEW YORK (Reuters) – Global equities slid and the 10-year Treasury yield traded close to a 16-year high on Monday amid rising concerns that the Federal Reserve’s …

By Devjyot Ghoshal and Stefanno Sulaiman BANGKOK/JAKARTA (Reuters) – China’s electric vehicle giant BYD has been on a tear in Southeast Asia, shooting past rivals including Tesla to take more …

(Reuters) – Chinese electric vehicle frontrunner BYD has taken an early lead in Southeast Asia’s small but fast-growing EV market, partly on the back of distribution partnerships with large, local …

By Jonathan Stempel NEW YORK (Reuters) -Starbucks was ordered by a federal judge on Monday to face a lawsuit claiming that several of its Refresher fruit beverages lacked a key …

By David Shepardson (Reuters) -A group of 18 state attorneys general said on Monday they backed Montana’s effort to ban Chinese-owned short video app TikTok, urging a U.S. judge to …

By Stephen Culp NEW YORK (Reuters) – Wall Street closed little changed on Monday as market participants looked ahead to the U.S. Federal Reserve’s expected decision to leave key interest …

By Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund (IMF), the World Bank and Morocco on Monday announced the annual meetings of the two global institutions would proceed in …

By Yantoultra Ngui and Scott Murdoch SINGAPORE/SYDNEY (Reuters) – Several Southeast Asian companies are considering listing in the United States, banking on strong investor appetite for emerging market growth in …

NEW YORK (Reuters) – Morgan Stanley was sued on Monday for at least $750 million by private equity firms that claimed they were defrauded in an investment with a high-speed …

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Foreign holdings of U.S. Treasuries rose in July, data from the Treasury Department showed on Monday, rising for a second straight month despite …

By Isla Binnie NEW YORK (Reuters) – An international working group of 40 business and finance executives on Monday presented companies with guidelines on explaining to investors their dependence on …

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options on the newly listed shares of SoftBank’s Arm Holdings, the year’s biggest initial public offering, traded on Monday at a brisk …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The calm before the potential storm? Ahead of a raft …

LONDON (Reuters) – The higher cost of borrowing is hurting almost half of small firms in Britain, according to a survey published on Monday, ahead of an expected 15th back-to-back …

(Reuters) -Labor negotiations continued this week between union negotiators and representatives of the Detroit Three automakers days into a strike against General Motors, Ford and Stellantis. Below are comments from …

WASHINGTON (Reuters) -Lyft has agreed to pay $10 million to settle Securities and Exchange Commission charges it failed to disclose a board member’s financial interest in a transaction involving the …

By Libby George LONDON (Reuters) – The European Bank of Reconstruction and Development (EBRD) expects to continue to invest roughly 1.5 billion euros ($1.6 billion) per year in Ukraine in …

By Andrea Shalal and Doina Chiacu WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Monday said she saw no signs the U.S. economy is entering a downturn but warned that …

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar eased against a basket of currencies on Monday but remained near a six-month high in muted trading as traders awaited …

(Reuters) -U.S. oil output from top shale-producing regions is on track to fall for a third month in a row in October to the lowest level since May 2023, the …

By Arathy Somasekhar HOUSTON (Reuters) – Oil prices rose on Monday after flirting with $95 a barrel earlier in the session, as expectations of a supply deficit stemming from extended …

By Diane Bartz WASHINGTON (Reuters) -The U.S. Justice Department on Monday objected to removing the public from the court during some discussions of how Google prices online advertising, one of …