Business News

By Foo Yun Chee BRUSSELS (Reuters) -EU antitrust regulators are asking Microsoft’s rivals and customers whether they are affected by the U.S. tech giant’s proposals to gain UK approval for …

By Lewis Krauskopf NEW YORK (Reuters) – Morgan Stanley equity strategists said on Monday that markets are in a “late cycle” environment, with healthcare stocks poised to benefit because they …

PARIS (Reuters) – Airbus plans to merge two separate fighter businesses as part of a reorganisation of its Defence & Space division, union sources said. The move brings together Military …

(Reuters) – Although synthetic graphite has been around for more than 100 years, few companies are supplying the material to makers of electric vehicle batteries and battery electrodes. Here’s a …

By Lefteris Papadimas ATHENS (Reuters) – Greece plans to raise up to 7 billion euros ($7.5 billion) from debt markets in 2024 through new short- and long-term bond issues and …

By David Milliken LONDON (Reuters) – Britain’s labour market has been cooling in recent months, with rising unemployment, less hiring and fewer job vacancies – but wage growth has shown …

By Aditya Soni (Reuters) -Oracle shares plunged more than 10% on Tuesday after the company’s weak forecast suggested that strong competition in the cloud-computing industry and a digital spending pullback …

By Chris Prentice NEW YORK (Reuters) -The U.S. Securities and Exchange Commission on Tuesday said it has charged a former national office leader at audit firm Marcum LLP over quality …

By Alex Lawler LONDON (Reuters) -OPEC on Tuesday stuck to its forecasts for robust growth in global oil demand in 2023 and 2024 citing signs that major economies are faring …

By Nikunj Ohri and Aftab Ahmed NEW DELHI (Reuters) -India’s retail inflation eased in August as food prices moderated, but remained above the upper end of the central bank’s target …

(Reuters) -2seventy bio said on Tuesday it plans to lay off about 40% of its workforce to lower costs and focus on the biotech firm’s cancer cell therapy Abecma, lifting …

By Panarat Thepgumpanat and Panu Wongcha-um BANGKOK (Reuters) – Thailand’s Prime Minister Srettha Thavisin on Tuesday said his cabinet would this week issue a raft of policies to lower the …

By Anthony Boadle and Philip Blenkinsop BRASILIA/BRUSSELS (Reuters) -Splits within South American trade bloc Mercosur have dampened hopes in the European Union of a trade deal, which could fall apart …

TAIPEI (Reuters) -TSMC, the world’s largest contract chipmaker, will invest up to $100 million in chip designer Arm Holdings Plc’s initial public share offering (IPO), it said on Tuesday. SoftBank …

By Nell Mackenzie LONDON (Reuters) – Tesla topped a list of the most shorted large-cap U.S. stocks for a third consecutive month in August, securities lending data firm Hazeltree said …

By Huw Jones LONDON (Reuters) – Global financial regulators and the International Monetary Fund on Thursday set out a roadmap to coordinate measures that stop cryptoassets from undermining macroeconomic and …

By Huw Jones LONDON (Reuters) – Global securities regulators set out on Thursday their first blueprint to make participants in “decentralised finance” (DeFi)accountable for their actions and safeguard market stability. …

(Reuters) -Mastercard on Tuesday denied a media report saying the payments processing giant is planning to increase the fees that merchants are charged when their customers use credit cards to …

By Lisa Pauline Mattackal and Medha Singh (Reuters) – For venture capitalists, the scars of bitcoin’s disastrous 2022 run deep. While breezy bitcoin has bounced back, leaping by about 55% …

By Padraic Halpin and Yadarisa Shabong DUBLIN (Reuters) -Ireland’s Smurfit Kappa is buying U.S. rival WestRock for an agreed $11 billion to create the world’s biggest paper and packaging company …

VLADIVOSTOK, Russia (Reuters) -Russian President Vladimir Putin on Tuesday praised the central bank for keeping a lid on inflation with double-digit interest rates and said there were no insurmountable challenges …

(Reuters) – Enterprise software maker Salesforce on Tuesday launched a generative AI tool that would be available across its suite of apps from instant messaging service Slack to data visualization …

TOMS RIVER, NJ – Summer has passed, but if you’ve been craving Italian ice and frozen custard since Labor Day, help is on the way to satisfy your sweet tooth. …