Business News

By Aniruddha Ghosh (Reuters) – Goldman Sachs and Morgan Stanley are poised for stronger results next year compared to other large-cap U.S. banks as dealmaking on Wall Street picks up …

By Joe Cash BEIJING (Reuters) -China’s exports and imports extended declines in August as the twin pressures of sagging overseas demand and weak consumer spending at home squeezed businesses in …

ANKARA (Reuters) – The World Bank plans to increase its exposure to Turkey to $35 billion within three years, the bank’s Turkey country director was quoted as saying by Turkish …

By Riham Alkousaa BERLIN (Reuters) – Germany’s wind power expansion is facing an unexpected roadblock: builders need permits to transport the heavy turbines down the country’s roads, and they are …

BANGKOK (Reuters) – Thailand’s economy is expected to grow 2.5% to 3.0% this year, down from a previous forecast of 3.0% to 3.5%, due to declining exports and public expenditure, …

A look at the day ahead in U.S. and global markets from Mike Dolan The U.S. dollar is building another head of steam as doubts linger about whether the Federal …

STOCKHOLM (Reuters) – German business software maker SAP on Thursday said it has bought software management company LeanIX from investors to boost its business transformation portfolio. LeanIX investors include Insight …

By Sheila Dang (Reuters) – X’s new content moderation policy made it challenging to convince brands that the Elon Musk-owned social media platform was safe for ads, according to the …

By Fergal Smith TORONTO (Reuters) – Analysts have cut their bullish near-term forecasts for the Canadian dollar as China’s economy weakens and the gap between U.S. and Canadian bond yields …

By Sarupya Ganguly BENGALURU (Reuters) – The dollar’s strength will be difficult to overcome for most major currencies by year-end, according to a Reuters poll of forex strategists who said …

By Maayan Lubell JERUSALEM (Reuters) – Israel’s shekel dropped to its lowest level in more than three years on Thursday amid concerns that a judicial crisis besetting the country was …

(Reuters) – Italian retail trade rose marginally in July as large-scale food distribution pushed up sales, data showed on Thursday. Retail sales increased by 0.4% in value from June and …

BEIJING (Reuters) -Five of China’s major state banks said on Thursday they will start to lower interest rates on existing mortgages for first-home loans, part of a series of support …

(Reuters) – Japan-based Astellas Pharma on Wednesday withdrew a lawsuit filed against the U.S. government, days after its prostate cancer drug was spared from the first list of drugs that …

PARIS (Reuters) – French Finance Minister Bruno Le Maire said he wanted French oil giant TotalEnergies to maintain a cap on fuel prices beyond Dec. 31, adding his priority was …

By Xie Yu and Davide Barbuscia HONG KONG/NEW YORK (Reuters) – Creditors of Country Garden Holdings are doubtful the Chinese developer will be in a position to service debt that …

By Daniel Leussink TOKYO (Reuters) – James Kuffner, the chief executive of Toyota Motor’s autonomous driving technology unit Woven by Toyota, will step down from his post effective Oct. 1, …

JOHANNESBURG (Reuters) – Raymond Ackerman, who founded Pick n Pay from just four stores 56 years ago and turned them into one of South Africa’s leading grocery retailers, has died …

By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) – Singapore’s investment firm Temasek led a $140 million funding round in India’s Ola Electric at a valuation of $5.4 billion, …

(Reuters) – South Africa’s consumer confidence regained some composure in the third quarter, according to a survey released on Thursday, as a rebound in the economic outlook and improvement in …

By Rozanna Latiff and Danial Azhar KUALA LUMPUR (Reuters) – Malaysia’s central bank on Thursday kept its benchmark interest rate unchanged for the second straight meeting, as economic growth and …

By Leika Kihara KOCHI, Japan (Reuters) -Bank of Japan policymaker Junko Nakagawa on Thursday stressed the need to maintain ultra-loose monetary policy and set a high hurdle for ending negative …

LONDON (Reuters) -London Stock Exchange Group (LSEG) investors including Blackstone and Thomson Reuters have raised about 2.75 billion pounds ($3.44 billion) from the sale of shares in the bourse operator, …

LONDON (Reuters) – Britain’s statistics office requested earlier access to key economic data on Wednesday, a few days after it sharply revised its estimate of the size of the economy …