Business News

By Gibran Naiyyar Peshimam KARACHI, Pakistan (Reuters) -Pakistan’s main opposition leader and former prime minister Imran Khan expressed support for a recently-reached bailout deal with the International Monetary Fund (IMF) …

By Niket Nishant and Hannah Lang (Reuters) -Cryptocurrency exchange Gemini, the largest creditor of bankrupt crypto lending firm Genesis, sued parent company Digital Currency Group (DCG) and its CEO, the …

By Shreyashi Sanyal (Reuters) -European shares eked out gains on Friday as data pointing to slowing U.S. job growth eased concerns about interest rate hikes by the Federal Reserve but …

By Ann Saphir (Reuters) – Chicago Federal Reserve Bank president Austan Goolsbee on Friday said he does not disagree with his fellow US central bankers that rates will need to …

By Chavi Mehta (Reuters) -Electric-vehicle maker Tesla rolled out a new program globally allowing buyers to get extra incentives through referrals from existing customers, a strategy long used by traditional …

By Marco Aquino LIMA (Reuters) – Copper miners in Peru, already battling political uncertainty and regular protests, say they have another hurdle to revving up stalled production of the red …

By Tom Sims and Friederike Heine FRANKFURT (Reuters) -German prosecutors are investigating asset manager DWS’s former chief executive Asoka Woehrmann over allegations of investment fraud through so-called greenwashing, a person …

By Olena Harmash KYIV (Reuters) – With war dragging on, some of Ukraine’s millions of refugees are beginning to think about settling for good in the countries they find themselves …

By Anirban Sen NEW YORK (Reuters) -Cronos Group Inc, the Canadian cannabis producer backed by cigarette maker Altria Group Inc, confirmed on Thursday it is in talks with potential buyers …

By Jonathan Stempel NEW YORK (Reuters) -The National Labor Relations Board on Thursday sued Starbucks over the coffee chain’s refusal to rehire 33 workers as it reorganized three downtown Seattle …

By Jonathan Stempel NEW YORK (Reuters) – Jamie Dimon and Jes Staley do not agree on who to blame for JPMorgan Chase’s relationship with former client Jeffrey Epstein, but agree …

(Reuters) -German automaker Mercedes-Benz said on Friday its electric vehicles in North America will adopt the Tesla-developed charging technology from 2025 and also get access to more than 12,000 of …

OSLO (Reuters) – Norway’s $1.4 trillion sovereign wealth fund has excluded Power Construction Corp of China from its portfolio and placed London-listed Petrofac under observation. The Norwegian wealth fund, set …

By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s economy added far more jobs than expected in June, data showed on Friday, a result analysts said probably seals the deal …

(Reuters) – U.S. equity funds witnessed net purchases for a second straight week during the seven days to July 5, as signs of cooling inflation soothed investor worries about more …

(Reuters) -The Federal Reserve will likely raise its benchmark interest rate later this month to a 5.25%-5.5% range, traders bet on Friday, even as they priced in a slightly lower …

NEW YORK (Reuters) – U.S. job growth slowed more than expected in June after surging in the prior month, but labor market conditions remain tight, with the unemployment rate retreating …

(Reuters) – Global investors extended their streak as net buyers of equity funds into a second week, drawing support from indications of cooling inflation that may moderate central banks’ inclination …

MEXICO CITY (Reuters) – Mexico’s annual inflation rate decelerated in June for a fifth consecutive month to 5.06%, data from statistics agency INEGI showed on Friday, continuing a downward trend …

BEIJING (Reuters) – China’s central bank on Friday announced a fine of 7.12 billion yuan ($984 million) for Ant Group. Reuters reported earlier on Friday that the People’s Bank of …

BERLIN (Reuters) -Continental said on Friday it planned to phase out business activities at its Gifhorn plant by the end of 2027, with 450 out of 900 jobs at the …

(Corrects range of price cuts in Japan in last paragraph to between 3% and 4%, not 3% and $5) BEIJING (Reuters) – Tesla on Friday said it would offer new …

(Reuters) -Fisker missed its production target for the second quarter due to shortage of components, the electric vehicle startup disclosed on Friday, sending its shares down 2% in premarket trading. …

By Saqib Iqbal Ahmed NEW YORK (Reuters) -Investors are on edge ahead of Friday’s U.S. jobs report after more evidence of economic resilience cemented expectations of higher rates for longer …

By Lucy Raitano LONDON (Reuters) – Investors globally ploughed more money into cash funds in the week to Wednesday, with total cash assets under management reaching a “monster” $7.8 trillion, …