Business News

By Ann Saphir (Reuters) – Ahead of their policy-setting meeting this month, Federal Reserve policymakers have been pretty clear about two things: They are not itching to raise interest rates, …

By Pete Schroeder WASHINGTON (Reuters) -The Federal Reserve’s top regulatory official said on Friday the central bank is “a long way” from any decision on whether it would issue its …

By David Shepardson WASHINGTON (Reuters) -Congress next week will hold three hearings on artificial intelligence, including one with Microsoft President Brad Smith and Nvidia chief scientist William Daly as Congress …

(Reuters) – Annual inflation in Russia was 5.15% in August, up from 4.30% in July, according to Russia’s statistics service. A Reuters poll had suggested that annual inflation would rise …

(Reuters) – Virgin Voyages, the cruise brand from Richard Branson’s Virgin Group, said on Friday it has raised $550 million in fresh capital to expand into new international markets. The …

By David Ljunggren and Steve Scherer OTTAWA (Reuters) – Canada’s economy added almost three times the number of jobs expected in August and wage growth accelerated, data showed on Friday, …

By Laura Matthews NEW YORK(Reuters) – Nasdaq Inc. on Friday said it won approval from the U.S. Securities and Exchange Commission to launch the first exchange artificial intelligence-driven order type, …

By Huw Jones LONDON (Reuters) – Britain’s financial watchdog told banks on Friday it would “ramp up” checks on whether they were properly assessing and managing risks from large customers …

By Sruthi Shankar and Shashwat Chauhan (Reuters) -European stocks logged weekly losses despite gaining on Friday, as investors fretted over a worsening outlook for the economy and the trajectory of …

By Munsif Vengattil and Dhwani Pandya BENGALURU (Reuters) -U.S. chip firm Nvidia on Friday announced AI partnerships with Indian conglomerates Reliance Industries and Tata Group to develop cloud infrastructure and …

(Reuters) -China’s Alibaba Group Holding Ltd is putting a potential Hong Kong initial public offering of its Freshippo grocery chain on hold amid weak sentiment for consumer stocks, Bloomberg News …

By Rodrigo Campos and Nelson Renteria NEW YORK/SAN SALVADOR (Reuters) – An agreement between El Salvador and a group of private local banks to reprofile its short-term debt has helped …

(Reuters) -Embattled property developer China Evergrande Group said on Friday it has delayed making a decision on offshore debt restructuring from September to next month. The company delayed the decision …

By Qiaoyi Li and Brenda Goh BEIJING/SHANGHAI (Reuters) -China’s passenger vehicle sales returned to growth in August year-on-year, as deeper discounts and tax breaks for environmentally friendly and electric vehicles …

By Deborah Mary Sophia (Reuters) – U.S. packaged food companies are set for a flurry of deals in a push to revamp their brand portfolios as their pandemic-era fortunes fade …

By Michelle Nichols (Reuters) – A Russian Agricultural Bank subsidiary in Luxembourg could immediately apply to SWIFT to “effectively enable access” for the bank to the international payments system within …

ZURICH (Reuters) – Switzerland gave a rare glimpse on Friday into so far highly secretive procedures for its inquiry into Credit Suisse’s demise, saying it will examine the actions of …

MILAN (Reuters) – Carmaker Stellantis aims to develop lighter electric vehicle batteries, cutting weights in half to improve sustainability, the group’s technology chief said on Friday. Ned Curic said current …

BERLIN (Reuters) – Growth prospects for the German economy will remain meagre in the medium term, the Kiel Institute for the World Economy (IfW) said on Friday. The production potential …

(Reuters) – Canada’s economy gained a net 39,900 jobs in August, largely in full-time work, and the jobless rate held at 5.5%, Statistics Canada data showed on Friday. Employment in …

(Reuters) – Investors withdrew from U.S. equity funds for a sixth successive week in the seven days to Sept. 6, in the wake of downbeat economic data from China and …

By Giuseppe Fonte and Elisa Anzolin ROME (Reuters) – Italy’s government secured some cooperation from producers’ associations in its battle against rising prices, it said on Friday, though the last …

(Reuters) – Global money market funds attracted robust inflows in the week ended Sept. 6, as investors gravitated towards safer options amid concerns over slowing growth in China and Europe …