Business News

By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Italy’s government on Monday approved a budget for next year with measures worth around 24 billion euros ($25.3 billion) in tax cuts …

By Yoruk Bahceli, Dhara Ranasinghe and Maria Martinez LONDON (Reuters) – Record debts, high interest rates, the costs of climate change, health and pension spending as populations age and fractious …

By Elisha Bala-Gbogbo ABUJA (Reuters) -Nigeria’s annual inflation rose in September to its highest level in about two decades at 26.72%, amid a worsening cost-of-living crisis in Africa’s largest economy. …

SEASIDE PARK, NJ — As summer heated up at the Jersey Shore this summer, so did he buzz around the seasonal pop-up, Red Fox Beach Bar & Grill. Situated in …

By Tetsushi Kajimoto and Satoshi Sugiyama TOKYO (Reuters) – Japan’s top financial diplomat said on Monday the yen was still perceived as a safe haven asset like the Swiss franc …

(Reuters) – Workers at Chevron’s two liquefied natural gas (LNG) plants in Australia reaffirmed their plan to resume strikes as mediated talks continued on Monday, with the U.S. energy major …

(Reuters) – Chicago Fed president Austan Goolsbee said it is “undeniable” that the slowdown in U.S. inflation is a trend rather than a momentary blip, despite a recent string of …

By Steven Scheer JERUSALEM (Reuters) – The head of Israel’s parliamentary finance committee on Monday called on Bank of Israel Governor Amir Yaron to lower short-term interest rates as one …

(Reuters) – UBS said it now expects the S&P 500 to hit 4,700 points only by December 2024, instead of the middle of the year as it forecast earlier, due …

By Akash Sriram (Reuters) – Tesla’s margins are likely to drop in the third quarter and take a bigger hit in the last three months of 2023, leaving investors fretting …

Although price moves remain contained in the absence of a dramatic weekend escalation, world markets are still on edge as Middle East tension builds without obvious resolution. Disputed reports of a …

By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials may not raise interest rates when they meet in two weeks but neither will they say their 19-month drive to hike …

By Paritosh Bansal (Reuters) -Things were looking up for Tractiv in January, when the data tracking software startup was on the cusp of a deal with Marvel Studios. Now, it …

LONDON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Monday it was too early to speculate on the economic consequences of the Israeli-Palestinian conflict, and that the impact would …

(Reuters) – Canadian labor union Unifor on Sunday said its members had voted in favor of a contract with General Motors, a relief for the automaker as it also faces …

By Jaspreet Kalra and Ankur Banerjee SINGAPORE/MUMBAI (Reuters) – Asia’s central banks have spent this year defending their currencies against a strong U.S. dollar, paring foreign exchange reserves to multi-month …

By Kevin Yao BEIJING (Reuters) – China’s economy is expected to have slowed in the third quarter as demand at home and abroad faltered, but increased support from the government …

NEW DELHI (Reuters) – India’s wholesale price index in September fell 0.26% from a year earlier, according to government data released on Monday. Economists polled by Reuters had estimated the …

PARIS (Reuters) -Indebted French supermarket chain Casino said on Monday it had agreed an initial deal to sell its stake in Latin American retailer Almacenes Exito to Grupo Calleja. Casino’s …

LONDON (Reuters) -Geopolitics are at the forefront of everyone’s minds after war broke out between Israel and Palestinian militant group Hamas, and the mood in markets is jittery at best. …

By Joanna Plucinska, Steven Scheer and Doyinsola Oladipo BETHLEHEM/JERUSALEM (Reuters) – Early this month, the main square and streets around Bethlehem’s Church of the Nativity were bustling with tourists. Now …

By Valentina Za, Giuseppe Fonte and Elisa Anzolin MILAN (Reuters) -Elena has a seven-month old baby and is about to quit her job, unable to overcome the difficulties of combining …

By Philip Blenkinsop BRUSSELS (Reuters) – The European Union will seek this week to ward off the return of Trump-era metals tariffs and to lessen the negative impact on the …

SHANGHAI (Reuters) -China’s central bank ramped up liquidity support to the banking system as it rolled over medium-term policy loans on Monday, but kept the interest rate unchanged amid concerns …

MARRAKECH, Morocco (Reuters) -The International Monetary Fund and World Bank wrapped up annual meetings in Morocco on Sunday with some progress towards increasing their lending resources but confronting a new …