Business News

LONDON (Reuters) -The Bank of England raised interest rates more than expected by half a percentage point on Thursday after it said there had been “significant” news suggesting British inflation …

By John Revill ZURICH (Reuters) -The Swiss National Bank raised its policy interest rate by 25 basis points on Thursday as the central bank pressed ahead with its campaign to …

PARIS (Reuters) – Following are highlights of what world leaders said at a summit in Paris on Thursday to boost crisis financing for poor countries, reform post-war financial systems and …

LONDON (Reuters) – Turkey’s new central bank governor Hafize Gaye Erkan delivered a smaller-than-expected interest rate hike at her first rate meeting on Thursday, sending the lira and the country’s …

By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – The Philippine central bank kept its benchmark interest rate steady at 6.25% for a second straight meeting on Thursday, …

OAKLAND, California (Reuters) – U.S. memory chip firm Micron Technology, Inc said on Thursday it would invest up to $825 million in a new chip assembly and test facility in …

LONDON (Reuters) – A spokesperson for Amazon declined to comment on Thursday on a Times newspaper report that highlighted talk of potential bid interest in British online supermarket group Ocado. …

By Chuck Mikolajczak NEW YORK (Reuters) -Meta Platforms will return to its former status as a full growth stock after financial data provider FTSE Russell finishes its annual shakeup of …

By Allison Lampert and Aditi Shah PARIS/NEW DELHI (Reuters) – Standing at a small booth among a row of other Japanese aerospace suppliers at the Paris Airshow, Yoko Konno is …

By Milana Vinn NEW YORK (Reuters) – When a senior Goldman Sachs technology banker delivered a grim prediction to his colleagues earlier this year, it marked the beginning of downturn …

A look at the day ahead in U.S. and global markets from Mike Dolan Even if investors sense light at the end of the tunnel, Western central banks are clearly …

ZURICH (Reuters) – The Swiss National Bank will consider closely the size of UBS following the completion of its takeover of Credit Suisse, the central bank’s vice-chairman said on Thursday. …

By Valentina Za MILAN (Reuters) -The Italian arm of France’s Credit Agricole has started offering fixed-term savings accounts to win new customers in its biggest foreign market, at a time …

By Victoria Klesty OSLO (Reuters) -Norway’s central bank raised its key policy rate by 50 basis points (bps) to a 15-year high of 3.75% on Thursday in a bid to …

BERLIN (Reuters) – The German government has loosened its requirements for export credit guarantees for companies doing business with Ukraine in an effort to shore up economic recovery in the …

By Asif Shahzad (Reuters) -Pakistan’s Prime Minister Shehbaz Sharif on Thursday briefed International Monetary Fund’s managing director Kristalina Georgieva on the economic outlook of the cash-strapped South Asian nation, hoping …

SEOUL (Reuters) – Netflix co-CEO Ted Sarandos pledged on Thursday that its bumper investment in South Korean content would not bypass young local talent, after calls by some lawmakers for …

By Aditya Kalra, Munsif Vengattil and Aditi Shah NEW DELHI (Reuters) – Elon Musk is eager to bring his Starlink satellite broadband to India, but the world’s richest man faces …

(Reuters) -Transamerica owner Aegon on Thursday forecast a higher free cash flow and dividend in 2025, flagging untapped potential in the U.S and stepping up its strategy to invest in …

PARIS (Reuters) – President Macron hosts a summit in Paris starting Thursday to discuss reform of the world’s multilateral finance institutions in the face of climate change and other development …

MUMBAI (Reuters) – Fitch Ratings raised its growth forecast for the Indian economy to 6.3% for the current fiscal year, from 6% earlier, on the back of robust growth in …

By David Milliken LONDON (Reuters) -The Bank of England is set to raise interest rates for a 13th time in a row on Thursday, a day after inflation data came …

SEOUL (Reuters) – Renault Korea Motors plans to build infrastructure at its plant in the southeastern city of Busan to manufacture electric vehicles (EVs), the Busan city government said. The …

PARIS (Reuters) -U.S. Treasury Secretary Janet Yellen said on Thursday the World Bank should add disaster clauses to debt agreements with poorer countries, speaking ahead of a summit in Paris …

(Reuters) – Europe is seeking to lure electric vehicle (EV) battery makers to build factories in the region as the bloc – home to carmakers such as Volkswagen and Stellantis …