Business News

MILAN (Reuters) – Telecom Italia’s (TIM) leading investor Vivendi is facing a rival candidate in the race to fill a vacant seat on the former phone monopoly’s board, two sources …

JACKSON TOWNSHIP, NJ – Jackson Township Council President Marty Flemming, who ran unsuccessfully for mayor in November of 2022, has announced resigning as the township council president. On Tuesday, Flemming, …

By Fabian Cambero SANTIAGO (Reuters) -The CEO of Chile’s state-owned mining giant Codelco is stepping down after only a year in the role, citing person reasons and “complexities” in running …

(Reuters) – Chip designer Nvidia closed Tuesday with a trillion-dollar market value for the first time, part of a steady climb in the stock’s price in recent months on the …

By Elvira Pollina and Mathieu Rosemain MILAN (Reuters) – Merger and acquisition speculation has lifted shares in MFE, the late Silvio Berlusconi’s TV business, following his death, but a number …

NEW DELHI (Reuters) – Most G20 member nations are of the view that banking systems and regulations in their countries are steady, India’s chief economic advisor said on Wednesday. “Most …

By Mathieu Rosemain, Chiara Elisei and Laura Lenkiewicz PARIS (Reuters) – Jean-Charles Naouri is set to lose his 30-year grip on debt-laden Casino unless he can come up with cash …

By Richa Naidu LONDON (Reuters) – As a new European Union zero-tolerance deforestation law looms, several major investors told Reuters they are concerned about their exposure to the issue, with …

(Reuters) – Vodafone and CK Hutchison unveiled the merger of their British operations, creating the country’s largest mobile operator. Hutchison will own 49% and Vodafone 51% of the combined group, …

By Tom Sims FRANKFURT (Reuters) – Climate activists on Wednesday targeted two of the globe’s biggest banks – Deutsche Bank and JPMorgan – for their fossil fuel investment policies with …

By Martin Coulter and Hakan Ersen (Reuters) -Hundreds of social media moderators in Germany – who remove harmful content from platforms such as Facebook and TikTok – are calling on …

By Pablo Mayo Cerqueiro LONDON (Reuters) – Deutsche Bank has added three senior dealmakers to its team of bankers advising other financial institutions, such as insurance companies and lenders, according …

By Daniel Leussink TOYOTA CITY, Japan (Reuters) – Toyota shareholders rejected a resolution urging greater disclosure of its climate lobbying on Wednesday, voting down the first investor proposal to come …

By David Lawder KINGSTON, Jamaica (Reuters) – World Bank President Ajay Banga told Reuters that he will “push” the lender’s balance sheet hard to help fight climate change and other …

(Reuters) – A look at the day ahead in U.S. and global markets from Harry Robertson. There’s only one show in town today: Jerome Powell’s mystery monetary tour. Powell’s Federal …

By Joice Alves LONDON (Reuters) -Shares of Ladbrokes owner Entain fell to the bottom of the London blue-chip index on Wednesday after the company announced it was buying Poland-based sports …

MOSCOW (Reuters) -Russia’s dominant lender on Wednesday said individuals could now open accounts in Indian rupees, expanding the range of foreign currencies available as Moscow strives to reduce dependency on …

JOHANNESBURG (Reuters) – South African business confidence fell slightly in May, with lower trade volumes, fewer tourists and a weaker rand exchange rate weighing on sentiment, data showed on Wednesday. …

By Katherine Masters NEW YORK (Reuters) – A bipartisan group of U.S. lawmakers planned to introduce a bill on Wednesday to eliminate a tariff exemption widely used by e-commerce sellers …

BRUSSELS (Reuters) – Euro zone industrial production rebounded more than expected in April after a slump in March, as a surge in the output of capital goods such as buildings …

MADRID (Reuters) – Shares in Spanish pharmaceutical Grifols soared on Wednesday morning after it disclosed a plan to reduce its stake in Shanghai RAAS in a deal that would bring …

SHANGHAI (Reuters) – Global investment houses have rushed to downgrade forecasts for the Chinese yuan after it weakened past the closely watched 7 per dollar level, pressured by widening yield …

By Winni Zhou, Tom Westbrook and Brenda Goh SHANGHAI/SINGAPORE (Reuters) – Bond markets are putting Chinese and global rates on opposite paths, speculating on cuts in China against hikes in …

TOKYO (Reuters) – Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an annual general meeting (AGM) on Wednesday, an endorsement of the …

By Andy Bruce LONDON (Reuters) – Retailers and the film industry helped Britain’s economy inch higher in April, despite contractions in manufacturing and construction, according to data on Wednesday that …