Business News

PARIS (Reuters) -A French government spending review has identified 10 billion euros ($11 billion) in budget savings that will be targeted in the coming years, Finance Minister Bruno Le Maire …

By Allison Lampert, Tim Hepher and Valerie Insinna PARIS (Reuters) – For dealmakers, this week’s Paris Air Show will showcase the boom in demand for commercial planes and military technology. …

By Anton Bridge TOKYO (Reuters) – The Japanese operator of McDonald’s restaurants said on Monday it would raise prices at 184 city centre branches, equivalent to about 6% of its …

By Rachna Uppal and Yousef Saba DUBAI (Reuters) – Buoyed by a swift economic rebound post-COVID, Dubai is racing to attract people and capital to drive long-term growth, betting it …

(Reuters) -Billionaire investor Warren Buffett’s Berkshire Hathaway said on Monday it added to holdings in Japan’s five biggest trading houses, likely underpinning strong momentum propelling the nation’s stock market to …

SHANGHAI/SINGAPORE (Reuters) – China is widely expected to cut key lending benchmarks on Tuesday in the first such easing in 10 months, a Reuters survey showed, as authorities seek to …

By Ruma Paul and Tim Hepher DHAKA/PARIS (Reuters) – State-owned carrier Biman Bangladesh Airlines has decided to purchase 10 planes from Airbus, in a shift from its Boeing-dominated fleet, the …

By Gabriel Araujo SAO PAULO (Reuters) – Electric aircraft maker Eve and Blade Air Mobility are expanding their partnership to integrate Eve’s upcoming flying car into Blade’s European route network, …

SINGAPORE (Reuters) – Goldman Sachs analysts have cut forecasts for China’s economic growth, citing persistently weak confidence and the cloud over the property market as stronger-than-expected headwinds. The U.S. investment …

(Reuters) -The Bank of England is facing a stormy gilts market while Turkey’s new governor is expected to ramp up rates sharply at central bank meetings this week. There’s a …

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank risks losing sight of corporate profits as a driver of inflation – or “greedflation” in market parlance – …

HONG KONG (Reuters) – Cathay Pacific Airways Ltd said on Monday it would in July launch initiatives to improve Mandarin language and cultural understanding, including hiring cabin staff from mainland …

MELBOURNE (Reuters) -Rio Tinto was working on Monday to recover about 30 wagons of a self-driving iron ore train that derailed in Western Australia, an accident that analysts said had …

By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s been predictably subdued in Asia as a U.S. holiday provides …

By David Kirton RUICHANG, China (Reuters) – When Steven Du took over his parents’ factory producing temperature control systems in Shanghai, one of the first changes he made was to …

By Nick Carey LONDON (Reuters) – JLR said on Monday it has partnered with supply chain mapping and risk analytics firm Everstream Analytics, which will embed artificial intelligence into the …

By Xie Yu, Ziyi Tang and Julie Zhu HONG KONG (Reuters) – From cutting salaries and bonuses and asking staff not to wear expensive clothes and watches at work, to …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian market trading will be lighter than usual on Monday …

(Reuters) – Ford Motor Executive Chairman Bill Ford said the United States was not ready yet to compete with China in the production of electric vehicles. “They developed very quickly, …

By Tim Hepher, Allison Lampert and Kylie Madry PARIS/MEXICO CITY (Reuters) – Airbus is in advanced talks over a major new order from Mexican ultra-low-cost carrier Viva Aerobus, industry sources …

(Reuters) – SVB Financial Group said on Sunday it has entered into an agreement to sell its investment banking division, SVB Securities, to a group led by Jeff Leerink and …

PARIS (Reuters) – Boeing expects to increase production of its best-selling 737 MAX to 38 jets a month “pretty soon,” but the company is likely to see supply chain instability …

By Valerie Insinna and Tim Hepher WASHINGTON/PARIS (Reuters) – European hopes of winning at the second attempt a groundbreaking U.S. military order for refueling planes are fading after the Pentagon …

By Lewis Krauskopf, Saqib Iqbal Ahmed and David Randall NEW YORK (Reuters) -A few months ago, most investors feared having too much exposure to equities. Now many are worried they …