Business News

MEXICO CITY (Reuters) – Mexico’s central bank will likely keep its benchmark interest rate unchanged in its next monetary policy decision, a Reuters poll showed on Tuesday, amid a slowdown …

By Joanna Plucinska and Valerie Insinna PARIS (Reuters) – India dominated the Paris Airshow for a second day on Tuesday, as Air India finalised a huge order for 470 planes …

MILAN (Reuters) – UniCredit can keep rewarding investors at the current pace for at least another two years, its chief executive said on Tuesday as the bank prepared to launch …

By Philip Blenkinsop BRUSSELS (Reuters) -The European Union executive presented on Tuesday its economic security plan which seeks to convince the bloc’s 27 states to agree stronger controls on exports …

By Blake Brittain (Reuters) – The U.S. Supreme Court ruled on Tuesday that Disney must face a New Jersey toy creator’s lawsuit that claimed the company violated her trademark rights …

By Baranjot Kaur and Akanksha Khushi (Reuters) -Binance, the world’s biggest cryptocurrency exchange, and Binance.US have entered into an agreement with the U.S. Securities and Exchange Commission to ensure that …

By Hyunsu Yim and Heekyong Yang SEOUL (Reuters) -Hyundai Motor will raise average annual investment in electrification by nearly two-thirds, spending $28 billion in the next decade, and further restructure …

By Nivedita Balu and David Ljunggren TORONTO (Reuters) -Canada’s financial regulator on Tuesday said it was raising the amount of capital the country’s biggest lenders must hold as a stability …

ROME (Reuters) – Italy’s Chinese-owned luxury yacht maker Ferretti said on Tuesday its shares have been admitted to Borsa Italiana’s Euronext Milan exchange. Share trading, due to start on June …

(Reuters) -Volkswagen is in talks with its joint venture partner SAIC about whether to conduct an independent audit of its plant in Xinjiang, China, the company confirmed on Tuesday. The …

FRANKFURT (Reuters) – Ruediger Rass, an executive with Germany’s Commerzbank, has decided to remain in his current role rather than join the management board following discussions with the European Central …

(Repeats fixing typo in last quote) By Libby George LONDON (Reuters) – Cautious optimism in the developing world that wealthier countries and China had finally fixed the tortuous process of …

By Xinghui Kok SINGAPORE (Reuters) – Singapore-based Grab Holdings, Southeast Asia’s leading ride-hailing and food delivery app, is cutting 1,000 jobs or 11% of its workforce, its CEO said on …

ROME (Reuters) – Giorgio Bruno, who was the designated new CEO of Italian tyremaker Pirelli, is leaving the company, shareholder Camfin said on Tuesday, confirming earlier press reports. Camfin, the …

(Reuters) – Newmont said on Tuesday it would defer making an investment decision about its Yanacocha Sulfides expansion project in Peru by at least two years. Last year, the company …

By Tom Sims FRANKFURT (Reuters) – Deutsche Bank’s new retail boss wants to get cyber-savvy youth into bank branches and put the bank at the heart of communities, a bold …

(Reuters) -VF Corp on Tuesday appointed former Logitech boss Bracken Darrell as its new CEO, at a time when the footwear and apparel maker is struggling with sluggish demand for …

(Reuters) -Carlyle Group Inc named company veteran John Redett as its new chief financial officer, the investment firm said on Tuesday, in the first major appointment under Chief Executive Officer …

By Joanna Plucinska and Valerie Insinna PARIS (Reuters) -Ukraine is in negotiations with Western arms manufacturers to boost production of weapons, including drones, and could sign contracts in coming months, …

CAIRO (Reuters) -The Central Bank of Egypt (CBE) is expected to leave its overnight interest rates unchanged on Thursday after President Abdel-Fattah al-Sisi appeared to rule out any devaluation of …

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – The Philippine central bank will leave its key interest rate unchanged at 6.25% for a second straight meeting on Thursday and the …

KYIV (Reuters) – Philip Morris International Inc will launch a new $30 million production facility in the Lviv region in western Ukraine in the first quarter of next year, the …

By Andrew Mills and Maha El Dahan DOHA (Reuters) -Qatar on Tuesday secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting …