Business News

By Deborah Mary Sophia (Reuters) -Shares of Dollar General jumped nearly 8% on Friday, as investors drew confidence from the return of former CEO Todd Vasos to the top job …

By Jorgelina do Rosario and Rodrigo Campos MARRAKECH, Morocco (Reuters) – The International Monetary Fund’s engagement with El Salvador has been “very productive” following a recent visit from a negotiating …

By Diane Bartz WASHINGTON (Reuters) – The U.S. Federal Trade Commission said on Friday it remained focused on its appeal opposing Xbox maker Microsoft’s now-closed $69 billion deal to buy …

COPENHAGEN (Reuters) -Novo Nordisk on Friday raised its outlook for its full-year sales and operating profit for the third time this year, reflecting strong demand for its weight-loss drug Wegovy …

WASHINGTON (Reuters) -The United States gave permission for South Korea’s SK Hynix and Samsung to keep receiving certain U.S. chipmaking tools at their Chinese plants, the Commerce Department said in …

WASHINGTON (Reuters) – U.S. consumer sentiment fell sharply in October as households anticipated higher inflation over the next year, a survey showed on Friday. The University of Michigan’s preliminary reading …

By Rodrigo Campos NEW YORK (Reuters) – Non-residents pulled $13.8 billion from their emerging market portfolios in September as the prospect of higher interest rates in the developed world for …

By Alexander Marrow (Reuters) – Huge fiscal spending on the military is fuelling short-term economic growth in Russia, but looking at the longer term picture the outlook is “dim”, the …

By Fergal Smith TORONTO (Reuters) -Canadian home sales fell for a third straight month in September and the industry group that produces the data downgraded its forecast for the full …

By Marc Jones LONDON (Reuters) – Below are five charts showing the volatile response of global financial markets to this week’s war between Israel and Hamas. 1/TAKING STOCK MSCI’s main …

JERUSALEM (Reuters) -Israel’s parliamentary finance committee approved a plan to provide a state guarantee of $6 billion to cover insurance against war risks to Israeli airlines, the Finance Ministry said …

MARRAKECH, Morocco (Reuters) – The World Bank on Friday said it is bolstering collaboration with nine multilateral development banks (MDBs) to accelerate its vision of a liveable planet free of …

(Reuters) – U.S. equity funds suffered substantial outflows in the week ending Oct. 11, driven by concerns over persistent higher U.S. interest rates and escalating geopolitical tensions in the Middle …

By Balazs Koranyi MARRAKECH (Reuters) – European Central Bank policymakers are planning a springtime push to cut interest payments made to commercial banks, in part to recoup some of the …

By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) – Most young Americans have cut their spending in response to persistent inflation over the past year, a Bank of America …

By Noor Zainab Hussain, Manya Saini and Saeed Azhar (Reuters) -Wells Fargo beat analysts’ third-quarter profit estimates and raised its annual forecast for income from interest payments on Friday, as …

ROME (Reuters) – The Italian economy will grow by 0.7% in 2023 and by 0.8% next year, the country’s central bank said on Friday, revising down previous forecasts made in …

By Emma-Victoria Farr, Andres Gonzalez and Markus Wacket FRANKFURT/LONDON (Reuters) – Miami-based infrastructure investor I Squared Capital aims to sign a deal to acquire Deutsche Bahn’s international transport business Arriva as …

By Joe Cash, Liangping Gao and Ellen Zhang BEIJING (Reuters) – China released a mixed batch of economic data on Friday showing a slump in exports and imports was gradually …

By Dharamraj Dhutia MUMBAI (Reuters) – India’s state-owned banks will slow government bond purchases in the weeks ahead as banking system liquidity tightens, treasury officials from nine state lenders said. …

By Gergely Szakacs BUDAPEST (Reuters) – Central Europe’s central banks should maintain a tight monetary stance for a “considerable time” to ensure inflation is kept in check, and be ready …

MARRAKECH, Morocco (Reuters) – U.S. Treasury Secretary Janet Yellen and People’s Bank of China Governor Pan Gongsheng on Friday held a “substantive and productive” meeting that covered debt, financial architecture …

By Danial Azhar and Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia said on Friday it would introduce a capital gains tax and a tax on high-value goods and gradually cut subsidies …