Business News

By Lucy Craymer WELLINGTON (Reuters) – New Zealand needs to keep increasing the supply of houses to address housing affordability, which is still a concern, the International Monetary Fund said …

By Melanie Burton MELBOURNE (Reuters) – Australian lender ANZ Group is looking at opportunities to invest more in the critical minerals sector as part of its efforts to support decarbonisation …

(Reuters) -Tesla Inc slightly increased the price of its Model Y electric vehicle in the United States on Tuesday, according to its website. The company increased the price of the …

SEOUL (Reuters) – South Korea’s jobless rate fell in May to a record low, official data showed on Wednesday, indicating a still robust labour market although conditions were softer in …

By Ayushman Ojha (Reuters) -New Zealand’s Auckland International Airport (AIA) said on Wednesday it has revised its dividend policy and will now pay its shareholders only 70% to 90% of …

(Reuters) – Thousands of popular Reddit communities dedicated to topics ranging from Apple Inc to gaming and music locked out their users on Monday in protest against the company’s plan …

By Makiko Yamazaki and Maki Shiraki TOKYO (Reuters) -Toyota faces an unprecedented challenge at its annual shareholder meeting on Wednesday, with some pension funds voting against Chairman Akio Toyoda on …

By Svea Herbst-Bayliss NEW YORK (Reuters) -Activist investor Sarissa Capital may have cleared a stumbling block in its push for board seats at Alkermes when one of its candidates resigned …

(Reuters) -Cryptocurrency exchange Binance has not sold either bitcoin or Binance Coin, its native token, the company’s CEO Changpeng Zhao tweeted on Tuesday. Last week, Binance was sued by the …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are set for an explosive open on Wednesday …

By Stephen Nellis and Chavi Mehta (Reuters) -Advanced Micro Devices Inc on Tuesday gave new details about an artificial intelligence chip that will challenge market leader Nvidia Corp , but …

By Chibuike Oguh NEW YORK (Reuters) – The asset management arm of Australian bank Macquarie Group Limited has bought a majority stake in waste management firm Coastal Waste & Recycling, …

By Samrhitha A and Chavi Mehta (Reuters) – Amazon.com said cloud services offered by its unit, Amazon Web Services (AWS), were restored after a big disruption on Tuesday affected websites …

By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 and Nasdaq reached their highest closes in 14 months on Tuesday after data showed consumer prices rose modestly …

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices barely rose in May and the annual increase in inflation was the smallest in more than two years, though underlying price …

By Helen Coster NEW YORK (Reuters) – The number of people globally who initially access news through a website or app has dropped by 10 points since 2018, and younger …

By Daniel Wiessner (Reuters) – A Wall Street bank could be held liable for allegedly failing to stop a former partner from defrauding a charitable foundation of $25 million in …

(Reuters) – Restaurateur Anton Pinskiy paid around 500 million roubles ($6 million) for assets formerly licensed by Starbucks in Russia, he told the TASS news agency, shedding new light on …

By Luc Cohen NEW YORK (Reuters) -A Bahamas court on Tuesday temporarily barred the country’s government from agreeing to let U.S. prosecutors pursue part of their criminal case against Sam …

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar dropped to a three-week low on Tuesday on news of the smallest annual increase in inflation last month in more than …

By Herbert Lash NEW YORK (Reuters) – Global shares rallied and the dollar eased on Tuesday after U.S. consumer price data showed inflation barely rose in May, increasing expectations the …

By Manya Saini and Chibuike Oguh (Reuters) -Shares of U.S. banks rose on Tuesday after a smaller-than-expected rise in inflation data indicated that the Federal Reserve is likely to keep …

By Karl Plume and Anirban Sen CHICAGO (Reuters) -U.S. grains merchant Bunge and Glencore-backed Viterra are merging to create an agricultural trading giant worth about $34 billion including debt, the …

By Stephanie Kelly NEW YORK (Reuters) -Oil prices climbed over 3% on Tuesday on hopes for growing fuel demand after China’s central bank lowered a short-term lending rate for the …

By Joseph White and Norihiko Shirouzu DETROIT/AUSTIN, Texas (Reuters) -Automaker Stellantis said on Tuesday that it continues to evaluate Tesla’s charging standard after Ford Motor Co and General Motors Co …