Business News

By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales increased more than expected in August as a surge in gasoline prices boosted receipts at service stations, but the trend in …

By Divya Rajagopal and Huw Jones TORONTO/LONDON (Reuters) – Canada’s main stock exchange operator TMX Group is urging companies seeking to list on its platform to accelerate their plans, a …

By Maki Shiraki TOKYO (Reuters) – The U.S. state of Indiana could well become the most-favoured location for Subaru to establish an electric vehicle production site in the world’s biggest …

(Reuters) – Shares of SoftBank’s Arm Holdings opened 10% above their offer price in their Nasdaq debut on Thursday, giving the chip designer a valuation of nearly $60 billion in …

(This Sept.13 story has been corrected to say that the union is Allied Pilots Association, not APLA, paragraph 1) (Reuters) – American Airlines Group on Wednesday cut its third-quarter adjusted …

By Rishika Sadam HYDERABAD, India (Reuters) – India’s Goa state has warned the local unit of Abbott Laboratories it plans to suspend the manufacturing licence of its antacid medicine after …

By Bansari Mayur Kamdar and Shashwat Chauhan (Reuters) -European shares notched up their biggest percentage gain in six months on Thursday after the European Central Bank (ECB) signalled that its …

By Alexander Marrow (Reuters) -The Russian rouble weakened past 97 to the dollar late on Thursday, struggling to benefit from increased foreign currency sales by the central bank as the …

By Nandan Mandayam and Siddharth Cavale BENGALURU/NEW YORK (Reuters) – With 10 weeks to go before the kickoff of the critical holiday shopping season, retail executives are preoccupied with how …

By Howard Schneider WASHINGTON (Reuters) -Federal Reserve officials hoping for evidence of a clear decline in inflation and an economic slowdown have seen a bit of both in data since …

(Reuters) – U.S.-based commodities trader Cargill said on Thursday it had agreed to sell its stake in a Russian grain terminal to Russia’s Delo Group. “In line with Cargill’s earlier …

By Brenda Goh and Ryan Woo SHANGHAI/BEIJING (Reuters) -Beijing on Thursday blasted the launch of a probe by the European Commission into China’s electric vehicle (EV) subsidies as protectionist and …

WARSAW (Reuters) – Poland’s minimum wage will rise by almost 18% in January, the prime minister said on Thursday, ahead of Oct. 15 elections in which the cost of living …

By Amina Niasse NEW YORK (Reuters) – Too few affordable homes on the market and interest rates at their highest in decades are the top reasons keeping prospective U.S. home …

WASHINGTON (Reuters) – U.S. business inventories were unchanged in July as companies continued to carefully manage stocks in anticipation of weak demand because of higher interest rates. The unchanged reading …

(This Sept.12 story has been refiled to correct a typographical error in the headline) By Tetsushi Kajimoto TOKYO (Reuters) – Confidence at big Japanese manufacturers fell the most in eight …

By Fanny Potkin and Yantoultra Ngui SINGAPORE (Reuters) -Singapore is working with Malaysia and Indonesia to build a strong regional supply chain base to take advantage of changes in global …

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve officials may have to revise higher forecasts of how far they’ll have to raise interest rates given the unexpected strength …

LONDON (Reuters) – It is crunch time. Major central banks have confounded economists with a string of interest rate rises that, so far, have moderated inflation without causing global recession. …

LONDON (Reuters) -The European Central Bank raised its key interest rate to a record peak on Thursday and signalled this will likely be its final move in a more-than year-long …

WASHINGTON (Reuters) – U.S. producer prices increased by the most in more than a year in August as the cost of gasoline surged, the latest indication that the road to …

MILAN (Reuters) -Shares of German automakers weighed on Europe’s auto index on Thursday on concerns they could be the worst hit should Beijing retaliate if the EU decides to impose …