Business News

LONDON (Reuters) – Torsten Schoeneborn, global co-head of electronic equities and portfolio trading at BNP Paribas, is leaving the firm for another bank, two sources with knowledge of the matter …

NEW YORK (Reuters) – U.S. employment increased more than expected in May, but a moderation in wages could allow the Federal Reserve to skip an interest rate hike this month …

By Milana Vinn, Abigail Summerville and David Carnevali NEW YORK (Reuters) – Barclays Chief Executive C.S. Venkatakrishnan held a virtual town hall this week to address management changes that have …

(Reuters) – General Motors Co and South Korea’s POSCO Future M said they will invest more to expand the production capacity at their chemical battery materials facility in Canada, taking …

NEW YORK (Reuters) – U.S. employment increased more than expected in May, but a moderation in wages could allow the Federal Reserve to skip an interest rate hike this month …

By Andy Sullivan WASHINGTON (Reuters) – The latest standoff over the U.S. debt ceiling, resolved just days before the government faced a devastating default, has prompted some to call for …

By Ariba Shahid and Asif Shahzad KARACHI, Pakistan (Reuters) – Pakistan has passed a special order to allow barter trade with Afghanistan, Iran and Russia for certain goods, including petroleum …

DUBLIN (Reuters) – Ireland’s domestic economy returned to growth in the first three months of the year after a shallow recession, data showed on Friday, and the finance minister said …

By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is likely to continue to ease monetary policy, following a 250 basis points rate cut on Thursday, as it tries …

MEXICO CITY (Reuters) – Mexico has accepted a request from the United States to review an alleged denial of collective labor rights at U.S. tiremaker Goodyear’s plant in the central …

WASHINGTON (Reuters) -The House Oversight Committee’s Chairman James Comer opened a probe Thursday into U.S. Federal Trade Commission Chair Lina Khan’s management of the agency, citing complaints of abuse of …

LONDON (Reuters) -Technology equity funds saw their biggest weekly inflows on record in the week to Wednesday, according to BofA Global Research data released on Friday, part of a surge …

ZURICH (Reuters) – The Swiss National Bank is ready to tighten its monetary policy to combat inflationary pressure, which it sees spreading to other across the Swiss economy, Vice Chairman …

By Katie Paul NEW YORK (Reuters) – Meta Platforms CEO Mark Zuckerberg on Thursday revealed the company’s next generation mixed reality headset, the Quest 3, as the company braces for …

By Daniel Wiessner (Reuters) – The Gap Inc on Thursday beat a shareholder lawsuit claiming the company’s directors breached their duties by making misleading statements in securities filings about the …

By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Thursday stopped short of approving Deutsche Bank AG’s $75 million settlement with women who said that Jeffrey …

By Brendan Pierson (Reuters) – A federal appeals court, in a decision unsealed Wednesday, upheld the dismissal of a whistleblower lawsuit against Johnson & Johnson as a sanction for the …

By Selena Li and Kane Wu (Reuters) -Jamie Dimon, the chief executive of U.S. bank JPMorgan Chase & Co, is visiting Taiwan on Friday, a source with direct knowledge of …

By Leah Douglas WASHINGTON (Reuters) – Changes to the largest U.S. food aid program in the debt deal passed by Congress this week could force hundreds of thousands of older …

Beijing/Hong Kong (Reuters) -China is working on new measures to support the property market after existing policies failed to sustain a rebound in the sector, Bloomberg News reported on Friday, …

By Rajesh Kumar Singh CHICAGO (Reuters) -American Airlines’ plan to grow revenue by relying more heavily on alliance partners to ferry passengers in uncompetitive markets while bulking up flights to …

A look at the day ahead in U.S. and global markets from Mike Dolan With the U.S. debt ceiling removed, world markets see the sky again – encouraged that robust …

By Mike Dolan LONDON (Reuters) -The economic airplane hasn’t reached the runway yet and has hit some more heavy turbulence in 2023 – but investors suspect a relatively gentle touchdown …

By Winni Zhou, Brenda Goh and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – China’s yuan has skidded to six-month lows against the dollar and analysts say it could weaken further as investors …

FRANKFURT (Reuters) – Volkswagen will start selling battery-powered versions of its VW bus in North America from 2024 onwards, the carmaker said on Friday, in what marks the reintroduction of …