Business News

By Tatiana Bautzer NEW YORK (Reuters) – Wealthy families loaded up on bonds and private equity investments in the first half of the year while slashing their stock exposure, according …

(Reuters) – Passenger traffic at Spain’s Aena airports exceeded pre-pandemic levels for an eighth consecutive month in August, while traffic in other European terminals still lagged. The number of passengers …

By Leigh Thomas PARIS (Reuters) – Germany’s economic weakness is casting a flattering light on France’s relative resilience that belies the otherwise middling performance of the euro zone’s second-biggest economy, …

By Lisa Baertlein LOS ANGELES (Reuters) – Logistics startup Flexport on Tuesday unveiled services to make it easier for small businesses to import, store and restock goods they sell on …

By Stephen Nellis (Reuters) – Enfabrica, a Silicon Valley chip startup working on networking chips for artificial intelligence data centers, said on Tuesday that it has raised $125 million in …

GENEVA (Reuters) – Global tensions have started to fragment trade as rival trading relationships form, the World Trade Organization (WTO) said on Tuesday, but argued it is premature to declare …

A look at the day ahead in U.S. and global markets from Mike Dolan Both long-term borrowing rates and riskier growth stocks of the Big Tech universe have climbed in …

DUBLIN (Reuters) – Global leasing giant SMBC Aviation Capital said on Tuesday it had concluded an order for 25 Boeing 737 MAX aircraft in a deal worth more than $3.7 …

LONDON (Reuters) – Incoming Bank of England deputy governor Sarah Breeden said she would seek a balanced approach to judging the need for more interest rate hikes, in comments that …

By Marianna Parraga HOUSTON (Reuters) – A U.S. judge in Delaware on Tuesday will set the procedure for an upcoming auction of shares in a parent of Venezuela-owned oil refiner …

By Amina Niasse NEW YORK (Reuters) – U.S. small business sentiment declined last month for the first time since April on continued concern over inflation and difficulty finding quality labor, …

By Susanna Twidale and Peter Henderson (Reuters) – E-commerce giant Amazon.com is making its first investment in direct air capture technology, which removes emissions from the atmosphere, by committing to …

By Casey Hall SHANGHAI (Reuters) -New Alibaba Group CEO Eddie Wu has told staff the tech giant’s two main strategic focuses going forward will be “user first” and “AI-driven”, according …

By Lewis Jackson SYDNEY (Reuters) -The dispute between Chevron and workers at its two liquefied natural facilities (LNG) in Australia will be heard by the industrial relations tribunal on Sept. …

BEIJING (Reuters) – China’s economy is resilient and has not collapsed, the Chinese foreign ministry said on Tuesday, rejecting claims from the West that its economy is faltering and could …

By Andy Bruce and David Milliken LONDON (Reuters) -Another record month for British pay growth put the Bank of England on track to raise interest rates once again, perhaps for …

SHANGHAI/BEIJING (Reuters) -China’s largest private property developer Country Garden won approval from its creditors to extend repayments on six onshore bonds by three years, two sources familiar with the matter …

By Ariba Shahid KARACHI (Reuters) – Pakistan’s central bank is expected to hike rates when it meets to decide on policy on Thursday as it seeks to tackle sky-high inflation …

MADRID (Reuters) -Spanish national consumer prices rose 2.6% in the year through August, driven by the increased cost of fuel, up from a 2.3% increase during the 12 months through …

By Yoshifumi Takemoto and Leika Kihara TOKYO (Reuters) -Influential ruling party lawmaker Hiroshige Seko signalled his abiding preference for an ultra-loose monetary policy on Tuesday, following hawkish comments by Japan’s …

(Reuters) -AerCap Holdings NV said on Monday a unit of General Electric Co will sell a stake worth about $2.44 billion in the aircraft leasing giant through an underwritten public …

BERLIN (Reuters) – German wholesale prices fell for the fifth month in a row in August due to lower prices for mineral oil products, data from the federal statistics office …

By Valerie Insinna and Abhijith Ganapavaram (Reuters) -Shares in Pratt & Whitney parent RTX Corp hit a two-year low on Monday as it took a $3 billion charge and told …

(Reuters) -Tesla rallied 6% on Monday after Morgan Stanley said its Dojo supercomputer could power a near $600 billion surge in the electric-car maker’s market value by helping speed up …

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Resilient U.S. growth is fueling another rebound in the dollar and sending bearish investors scrambling, though the rally will be tested by …