Business News

SYDNEY, Oct 17 (Reuters) – Australia’s central bank considered raising rates at its recent policy meeting but judged there was not enough new information to warrant a move, though more …

(Reuters) -About 3,700 Detroit casino workers are set to strike on Tuesday noon, if a contract deal is not reached, the Detroit Casino Council (DCC) said on Monday. A strike …

By Caroline Valetkevitch NEW YORK (Reuters) – Major U.S. stock indexes ended sharply higher on Monday as investors were optimistic about the start of earnings season, while transportation and small-cap …

By David Shepardson WASHINGTON (Reuters) – U.S. auto safety regulators said on Monday car-sharing firm Zipcar has agreed to pay a $150,000 fine after a government investigation found it allowed …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are set to open higher on Tuesday as …

NEW YORK (Reuters) – Federal Reserve Bank of Philadelphia President Patrick Harker said on Monday the central bank should not create new pressures in the economy by increasing the cost …

By Andrea Shalal and David Lawder MARRAKECH, Morocco (Reuters) -Global finance leaders’ paralysis in coming to grips with the fallout from the Hamas attack and Israel’s response last week exposed …

(Reuters) – In 1923, Walt Disney left his failing animation company called Laugh-O-gram Films and used his last $40 to buy a train ticket to join his brother, Roy, in …

By Abinaya V and Dietrich Knauth (Reuters) -Debt-laden U.S. drugstore chain Rite Aid filed for bankruptcy protection late on Sunday and said it would close underperforming stores, sell its pharmacy …

By Stephen Culp NEW YORK (Reuters) – Wall Street jumped and benchmark Treasury yields climbed on Monday as investors embarked upon the first full week of third-quarter earnings while keeping …

FRANKFURT (Reuters) – The European Central Bank will need some time, possibly until next spring, before it can be confident that inflation is returning to its 2% target, ECB chief …

By Chibuike Oguh NEW YORK (Reuters) – Lululemon Athletica’s stock jumped by more than 10% to an almost two-year high on Monday buoyed by the addition of the Canadian sportswear …

By Emma Rumney LONDON (Reuters) – Big Tobacco firms including British American Tobacco are selling heat sticks made from nicotine-infused substances such as rooibos tea, countering an incoming European Union …

By Tom Wilson, Elizabeth Howcroft and Hannah Lang LONDON/WASHINGTON (Reuters) -Bitcoin rose suddenly on Monday, before giving up nearly all its gains, after asset manager BlackRock denied a crypto media …

By Joseph White and David Shepardson DEARBORN, Michigan (Reuters) – Ford executive chairman Bill Ford on Monday urged the United Auto Workers union to end a 32-day strike and reach …

By Karen Brettell NEW YORK (Reuters) – The dollar was mixed on Monday before a week heavy with speeches by Federal Reserve officials that will be watched for further clues …

By Erwin Seba HOUSTON (Reuters) -Oil futures fell more then $1 a barrel on Monday as expectations rose the U.S. and Venezuela could soon reach a deal easing sanctions on …

TIRANA (Reuters) – The European Union wants to bring six Western Balkan countries closer to membership of the bloc but wants them first to implement reform and create their own …

By Siddharth Cavale NEW YORK (Reuters) – Walmart signaled it has enough staff for the holidays, in another sign that top U.S. retailers, fearing a seasonal shopping slowdown, are holding …

By Karen Freifeld (Reuters) -The U.S. will take steps to prevent American chipmakers from selling semiconductors to China that circumvent government restrictions, a U.S. official said, as part of the …

By Rachel Savage MARRAKECH, Morocco (Reuters) – The International Monetary Fund (IMF) urged sub-Saharan African policymakers last week to cut costly fuel subsidies and raise more in taxes, measures that …

By Joseph White DETROIT (Reuters) – General Motors and Ford have laid out ambitious plans to spend billions developing new electric vehicles while returning capital to investors, all funded by …

By Byron Kaye SYDNEY (Reuters) -An Australian regulator has fined Elon Musk’s social media platform X A$610,500 ($386,000) for failing to cooperate with a probe into anti-child abuse practices, a …

BRASILIA (Reuters) – There was unanimity in the Brazil central bank’s latest policy decision that an interest-rate-cut pace of 50 basis points would be suitable for the upcoming meetings, the …

By Victoria Waldersee BERLIN (Reuters) – Volkswagen is running behind schedule in defining key measures of a planned 10 billion euro ($10.5 billion) cost-cutting drive for its namesake brand, two …