Business News

By Jody Godoy (Reuters) -A federal judge has ruled that the U.S. Consumer Financial Protection Bureau (CFPB) does not have broad authority to tackle discriminatory banking practices, handing a win …

By Nathan Gomes (Reuters) -The United Auto Workers (UAW) union expects to go on strike against the Detroit Three automakers later this week if no agreement is reached over new …

By Michael S. Derby (Reuters) – Americans’ overall views on inflation were little changed in August, even as they predicted rising price increases for things like rent, homes and food, …

(Reuters) -Wizz Air said on Monday it estimates a potential 10% capacity reduction in the second half of fiscal 2024, due to an inspection of Pratt & Whitney’s turbofans. Aerospace …

By Phuong Nguyen and Francesco Guarascio HANOI (Reuters) -Executives at top U.S. and Vietnamese firms in the semiconductor, tech and aviation sectors met on Monday seeking to forge business partnerships …

By David Shepardson (Reuters) – JetBlue Airways Corp said Monday it had agreed to sell all of Spirit Airlines assets at Boston and Newark Liberty airports to Allegiant, as it …

By Gabriel Burin (Reuters) – Brazil’s inflation picked up slightly in August from July due to the finalization of a one-off discount on energy prices for residential users, a Reuters …

By Andrea Shalal (Reuters) – Reversing a significant rise in inequality in the United States over the last four decades is essential to boosting overall economic growth, Deputy Treasury Secretary …

(This Sept. 8 story has been corrected to remove a reference to IHS Markit forecast on stoppages in paragraph 7)) (Reuters) – A union representing workers at General Motors, Ford …

(Reuters) – Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws governing the use of the technology. Here are the latest …

By Maggie Fick LONDON (Reuters) – Data released on Monday by AstraZeneca from a late-stage trial combining its blockbuster cancer drug Tagrisso with chemotherapy to treat a type of lung …

LONDON (Reuters) – British finance minister Jeremy Hunt will focus his Nov. 22 budget update on reducing inflation and does not expect forecasts to show the government has extra money …

By Dharamraj Dhutia MUMBAI (Reuters) – Tight liquidity conditions and sticky inflation will keep the four-year to 10-year part of the Indian government bond yield curve inverted, traders said on …

(Reuters) – USI Insurance Services said on Monday that existing shareholder KKR plans to make a new equity investment of more than $1 billion to become the largest stakeholder. Private …

By Maya Gebeily BEIRUT (Reuters) – Lebanon’s central bank will restrict access to a new currency exchange platform set to launch within weeks to ensure U.S. dollars traded on the …

By A. Ananthalakshmi and Mai Nguyen KUALA LUMPUR (Reuters) -Malaysia will develop a policy to ban exports of rare earth raw materials to avoid exploitation and loss of resources, Prime …

By Xie Yu and Selena Li HONG KONG (Reuters) -HSBC Holdings will raise its mortgage rates in Hong Kong by a maximum of 50 basis points, a spokesperson for the …

By Giuseppe Fonte ROME (Reuters) – The European Commission on Monday cut its forecasts for the Italian economy this year and next, following a slew of weak data which limits …

By Diane Bartz WASHINGTON (Reuters) – DuckDuckGo, which has long complained that Google’s tactics have made it too tough to get people to use their search engine on a mobile …

LONDON (Reuters) – The London Stock Exchange Group said on Monday that it had appointed Charlie Walker as deputy CEO of its main bourse, amid a period of rolling reforms …

By Lisa Baertlein LOS ANGELES (Reuters) – U.S. West Coast ports, which reached a labor deal with their workers this summer, gained market share in August from the previous month, …

A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. markets homing in on this week’s critical August inflation update, Japan threw a curve …