Business News

By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) -The dollar was little changed on Monday against a basket of major trading currencies and gained against a yen that’s under …

By Mike Scarcella WASHINGTON (Reuters) – Apple said on Monday it will ask the U.S. Supreme Court to hear its challenge to a judge’s order in an antitrust case brought …

By Jonathan Stempel (Reuters) -The U.S. Securities and Exchange Commission on Monday charged View Inc, the maker of “smart” windows whose tinted panes adjust with the sun, and a former …

NEW YORK (Reuters) – Investment bank Lazard terminated a managing director for inappropriate behavior over the weekend, according to a source familiar with the situation. Incoming CEO Peter Orszag sent …

By Chibuike Oguh NEW YORK (Reuters) – Shares of Coinbase, the largest U.S. cryptocurrency platform, jumped 13% on Monday after exchange operator Cboe said it was working with the cypto …

By Lewis Krauskopf NEW YORK (Reuters) – The massive rally in Apple’s shares is forcing some fund managers to revisit a thorny dilemma: they may not own enough of the …

By Abhirup Roy SAN FRANCISCO (Reuters) -A group of EV charger makers and operators is pushing back against Texas’ plan to mandate the inclusion of Tesla technology in charging stations, …

By Hyunjoo Jin San Francisco (Reuters) -Kentucky is requiring that electric vehicle charging companies include Tesla’s plug if they want to be part of a state program to electrify highways …

MILAN (Reuters) – Carmaker Stellantis will invest up to 200 million euros ($218 million) to ensure its Italian Mirafiori site, the historic home of Fiat, remains one of its primary …

By Sam Tobin LONDON (Reuters) – British billionaire Richard Branson severely damaged Virgin Group’s reputation by residing in a tax haven while UK-based airline Virgin Atlantic sought a government bailout …

By Iain Withers LONDON (Reuters) -British banks faced fresh criticism on Monday for the savings rates they offer to cash-strapped customers, in the latest intervention by parliament’s influential Treasury Select …

By Amruta Khandekar and Shreyashi Sanyal (Reuters) -European shares erased gains by the closing bell to finish lower on Monday as AstraZeneca led falls among healthcare stocks that outweighed gains …

By Chavi Mehta (Reuters) -Rivian Automotive beat market estimates for second-quarter deliveries on higher production and stable demand for its electric vehicles, sending the company’s shares up more than 14% …

By Orhan Coskun, Ezgi Erkoyun and Huseyin Hayatsever ANKARA (Reuters) – Turkey will continue its monetary policy U-turn, which began with a sharp post-election rate hike last month, until the …

(Reuters) -Reliance Jio said on Monday it would launch a 4G feature phone priced at 999 rupees ($12.19), the latest attempt by billionaire Mukesh Ambani’s telecom arm to grab market …

By Huw Jones LONDON (Reuters) -The Bank of England said on Monday that banks may be underestimating their exposure to private equity and to commodity markets at a time when …

By David Randall (Reuters) – A widely watched section of the U.S. Treasury yield curve hit its deepest inversion on Monday since the high inflation era of Fed Chairman Paul …

(Reuters) -Tesla Inc on Sunday said it delivered a record number of vehicles in the second quarter, topping market estimates as price cuts and U.S. federal credits helped make its …

By Kirstin Ridley LONDON (Reuters) -Mozambique’s blockbuster lawsuit against Credit Suisse and others over the $2 billion “tuna bond” scandal can proceed to trial, a London judge ruled on Monday, …

WASHINGTON (Reuters) – U.S. construction spending increased more than expected in May as a severe shortage of houses for sale boosted outlays on single-family homebuilding. The Commerce Department said on …

BRASILIA/SAO PAULO (Reuters) – Private economists in Brazil anticipate deeper monetary easing this year and improved inflation prospects until 2026 following the government’s decision to maintain the country’s inflation goal …

LONDON (Reuters) – U.S. property catastrophe reinsurance rates rose by as much as 50% at a key July 1 renewal date, broker Gallagher Re said in a report on Monday, …

LONDON (Reuters) – Megan Greene, who is due to join the Bank of England’s Monetary Policy Committee this week, said central banks should not assume that interest rates will settle …

SANTIAGO (Reuters) – Chile’s economic activity index fell for the fourth consecutive month in May, the central bank said on Monday, underscoring the economic headwinds faced by the world’s largest …

By Tatiana Bautzer NEW YORK (Reuters) -UBS has gone on a U.S. recruiting drive for wealth managers catering to rich Americans even as it considers culling 30% of its combined …