Business News

MEXICO CITY (Reuters) -Mexico and the European Union agreed to quickly finalize an updated free trade deal, Mexican President Andres Manuel Lopez Obrador said Thursday in a post on social …

(Reuters) -BlackRock, the world’s biggest asset manager, on Thursday filed for a bitcoin exchange-traded fund (ETF) that would allow investors to get exposure to the cryptocurrency, as the asset class …

By Abhirup Roy SAN FRANCISCO (Reuters) – Nikola’s top shareholder and founder, Trevor Milton, on Thursday urged investors to vote against the electric truck maker’s proposal to increase the number …

BEIJING (Reuters) – China will speed up the process to allow private firms to access infrastructure of major national scientific research projects and will encourage private businesses to participate in …

HONG KONG (Reuters) – Chinese electric vehicle maker Xpeng Inc on Thursday expanded its self-driving capability to Beijing as part of the automaker’s expanded launch of City NGP (Navigation Guided …

By Casey Hall and Sophie Yu SHANGHAI (Reuters) – China’s e-commerce platforms are competing fiercely in the country’s first major shopping festival after the pandemic, offering steep discounts to entice …

TOKYO (Reuters) -Nissan Motor’s Chief Operating Officer Ashwani Gupta will leave the Japanese automaker later this month to pursue other opportunities after helping to steer a turnaround plan aimed at …

By Luc Cohen NEW YORK (Reuters) -A U.S. judge on Thursday granted a request from prosecutors to try some of their charges against Sam Bankman-Fried in a second trial next …

By Liangping Gao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Beijing resident Hu Yongwei bought more than a dozen apartments in the small central Chinese city of Hebi for about …

(Reuters) -The U.S. banking regulator is seeking bids for the sale of collapsed Silicon Valley Bank’s German assets, according to a Thursday notice posted on its website. The U.S. Federal …

(Reuters) -Virgin Galactic Holdings, the space tourism firm founded by Richard Branson, said on Thursday its long-awaited commercial spaceflight service would launch later this month, sending its shares up over …

By Jarrett Renshaw (Reuters) – Ticketmaster and other companies have agreed to offer consumers upfront, all-in pricing, the White House announced as it convened a meeting on Thursday to highlight …

By Leika Kihara TOKYO (Reuters) -One of Bank of Japan Governor Kazuo Ueda’s biggest challenges will be to phase out a controversial yield curve control policy, which is criticised for …

By Kevin Yao BEIJING (Reuters) -China will roll out more stimulus to support a slowing economy this year, but concerns over debt and capital flight will keep measures targeted at …

By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 and Nasdaq surged on Thursday to close at their highest in 14 months, as investors cheered economic data …

By Lisa Baertlein and David Shepardson LOS ANGELES/WASHINGTON (Reuters) -U.S. business groups on Thursday said a “hard-fought” six-year labor deal tentatively agreed between U.S. West Coast seaport employers and the …

By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase urged a federal judge to reject the U.S. Virgin Islands’ demand that Chief Executive Jamie Dimon sit for a second deposition …

By Siddharth Cavale (Reuters) – Price-conscious shoppers flock to Walmart Supercenters to pick up $1 potato chips and $3 gallons of milk, but the world’s biggest retailer will now try …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The Bank of Japan, the most dovish major central bank …

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic acknowledged Thursday more issues with his past financial disclosures, as part of a general release …

By Dawn Chmielewski and Lisa Richwine (Reuters) – Walt Disney Co Chief Financial Officer Christine McCarthy is stepping down from her position to take family medical leave and will help …

(Reuters) -Software firm Oracle on Thursday laid off hundreds of employees, rescinded job offers and cut back open positions within its health unit, the Insider reported, citing three people familiar …

By Duncan Miriri and George Obulutsa NAIROBI (Reuters) -Kenya’s finance minister on Thursday said the government will pay all debts when they fall due, and cut the budget deficit for …

By Hyunjoo Jin and Samrhitha A (Reuters) -SK Signet said on Thursday it will introduce electric-vehicle chargers compatible with Tesla’s technology this year, following recent moves by major automakers Ford …

By Samrhitha A (Reuters) – Adobe Inc surpassed Wall Street estimates for quarterly results and forecast on Thursday as the Photoshop maker’s efforts to drive up demand with generative artificial …