Business News

(Reuters) – Unilever said on Wednesday it is set to acquire frozen yogurt brand Yasso Holdings in North America, adding to its roster of premium ice-cream brands like Ben & …

By Chris Taylor NEW YORK (Reuters) -No matter how successful you may be – even as a founder, president, or CEO – none of us start out that way. We …

By Stanley Widianto JAKARTA (Reuters) -Short video app TikTok, owned by China’s ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, …

WASHINGTON (Reuters) – U.S. business inventories rebounded in April, boosted by stocks at manufacturers, suggesting that inventories could contribute to economic growth in the second quarter. Business inventories increased 0.2% …

By Jonathan Stempel NEW YORK (Reuters) – CoinEx agreed to pay $1.8 million and be banned from operating in New York to settle state Attorney General Letitia James’ lawsuit accusing …

WASHINGTON (Reuters) – Production at U.S. factories almost stalled in May as manufacturing struggled under the weight of higher interest rates, data showed on Thursday. Manufacturing output edged up 0.1% …

(Reuters) – Manufacturers in the U.S. Northeast grew more optimistic about the near-term business outlook this month even as current conditions remained mixed across the region. Monthly surveys of goods …

LONDON (Reuters) – Inflation is easing but major central banks remain hawkish, with a long-awaited pause from the U.S. Federal Reserve this week coming with a warning by the world’s …

FRANKFURT, June 15 (Reuters) – The European Central Bank raised its key interest by 25 basis points on Thursday to 3.5% and left the door open to more hikes, extending …

LONDON (Reuters) -The European Central Bank raised interest rates for the eighth successive time, as expected, on Thursday and signalled further policy tightening, as it battles high inflation. The central …

WASHINGTON (Reuters) – U.S. import prices fell in May and the annual decrease in prices was the sharpest in three years, providing another boost for the Federal Reserve in the …

By Mayela Armas, Corina Pons and Rodrigo Campos CARACAS/MADRID/NEW YORK (Reuters) – Small funds and investors outside the United States are looking to increase their exposure to Venezuelan bonds, on …

By Silvia Aloisi PARIS (Reuters) -Alibaba Group will make Europe top priority as it focuses on building local businesses and online platforms outside China, the president of the e-commerce giant …

By Saeed Azhar, Lananh Nguyen and Tatiana Bautzer NEW YORK (Reuters) – Goldman Sachs Group Inc’s managing directors were invited to meetings this month to receive an ominous message: take …

By David Lawder MANDEVILLE, Jamaica (Reuters) -World Bank President Ajay Banga wants to focus on improving the development lender so that he can earn the right to press member countries …

(Reuters) – Odey Asset Management (OAM) is fighting for survival after a media report alleging sexual misconduct by its founder Crispin Odey, one of Britain’s best-known hedge fund managers, prompted …

FRANKFURT (Reuters) – The European Central Bank revised up its inflation projections for the next three years on Thursday and said it expected price growth to stay above its 2% …

SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Thursday his country’s economy will grow at least 2% this year, “maybe even more,” echoing upbeat forecasts …

AMSTERDAM (Reuters) – Uber said on Thursday it will shut its food delivery business in Italy and exit Israel, where it has not built sufficient market share. The moves were …

By Cristina Amann INGOLSTADT, Germany (Reuters) -Audi has to speed up development of new models to meet a surge in demand for electric vehicles, especially in China, the German luxury …

By Nevzat Devranoglu ANKARA (Reuters) -Turkey will take steps to lower inflation and will follow free market rules as it acts to raise competitiveness and productivity, Vice President Cevdet Yilmaz …

FRANKFURT (Reuters) – The European Central Bank raised interest rates for the eighth successive time as expected on Thursday and signalled further policy tightening, as it battles high inflation. The …

MANILA (Reuters) – China’s Yadea Group Holdings, one of the world’s biggest electric two-wheeled vehicle makers, plans to invest about $1 billion in an e-motorcycle factory in the Philippines, the …

By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka’s economy shrank 11.5% in the first three months of 2023, official data showed on Thursday, as the country remained in the grip of …