Business News

BERLIN (Reuters) -Industrial action grounded dozens of flights at two major German airports on Monday as security workers and ground services employees in the capital, Berlin, and in Hamburg held …

Wawa is an inherently Jersey thing, even though it has its roots in neighboring Pennsylvania. The chain, which has become one of the Garden State’s most beloved pit stops, has …

By Libby George LONDON (Reuters) -Brazil’s business and political leaders are pressing the case in Europe for investment in the Latin American oil producer as they seek to quell concerns …

MEXICO CITY (Reuters) -Mexican inflation slowed in the first half of April and reached its lowest level in a year and a half, the national statistics agency said on Monday, …

COPENHAGEN (Reuters) – Denmark’s government presented on Monday what it said was a “tight” fiscal spending plan for 2023, seeking to help bring down soaring inflation with a much-delayed budget …

ISTANBUL (Reuters) – Turkish inflation will dip to 46.4% by end-2023, a Reuters poll showed on Monday, while the policy rate is seen rising to 24% next quarter after upcoming …

BRASILIA (Reuters) – Brazil’s government is considering clarifying the size of each company’s tax benefits as part of a campaign to end tax exemptions and improve public finances, Finance Minister …

By Catarina Demony and Gabriel Araujo LISBON (Reuters) – Trying to lure back wary foreign investors, Brazil’s President Luiz Inacio Lula da Silva vowed on Monday to restore stability and …

By Jamie McGeever ORLANDO, Florida (Reuters) -Hedge funds remain unconvinced by Wall Street’s recovery from the March banking shock and have instead amassed their biggest bet in over a decade …

By Hilary Russ NEW YORK (Reuters) – The sandwich chain Subway said on Monday that its global comparable sales were 12.1% higher in the first quarter and that guest visits …

By Clyde Russell LAUNCESTON, Australia (Reuters) -The spot price of iron ore tumbled to a four-month low as Beijing once again talked down the key steel raw material, but as …

By Ernest Scheyder SANTIAGO (Reuters) -Chilean President Gabriel Boric’s plan to nationalize his country’s immense lithium industry is putting the spotlight on an emerging crop of filtration technologies aimed at …

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The “very generous” pay rise secured by Germany’s public sector workers may complicate the European Central Bank’s fight against inflation, analysts …

By Noele Illien ZURICH (Reuters) -Credit Suisse said on Monday that 61 billion Swiss francs ($68 billion) in assets left the bank in the first quarter and that outflows were continuing, …

By Maria Martinez BERLIN (Reuters) -German business morale rose slightly in April due to an improvement in companies’ expectations, adding to positive signs as Europe’s largest economy hopes to have …

By Marc Jones LONDON (Reuters) – France’s central bank governor François Villeroy de Galhau has pushed back against criticism of central banks’ increasing involvement in the fight against climate change, …

HONG KONG (Reuters) – China Evergrande Group’s onshore flagship unit Hengda Real Estate said the holders of an onshore bond worth 8.2 billion yuan ($1.19 billion) will hold a meeting …

By Lucila Sigal BUENOS AIRES (Reuters) – In Argentina’s mountainous north, a strong pipeline of lithium projects close to coming online looks set to unlock a wave of production that …

A look at the day ahead in U.S. and global markets from Mike Dolan With world markets preparing for first-quarter updates from U.S. Big Tech firms this week, the heat …

FRANKFURT (Reuters) – The German economy is likely to have expanded in the last quarter on a rebound in industrial production, the Bundesbank said in a monthly report on Monday, …

TOKYO (Reuters) -Japan is considering expanding the areas in which skilled foreign workers can receive long-term work visas to 12 from three, possibly including the food service industry, the Nikkei …

By Leika Kihara TOKYO (Reuters) – The Bank of Japan may conduct a comprehensive review of the impact of the monetary easing steps it has taken over the longer term, …

(Reuters) – China nudged banks this month to cut deposit interest rates further, seven people with knowledge of the matter said, in the latest effort to channel the country’s vast …

By Laura Sanicola (Reuters) – U.S. fuelmakers are expected to post higher first-quarter earnings in coming days on strong fuel exports and margins even as domestic diesel demand slumped during …

(Reuters) – Russian lender Sberbank said on Monday it had released technology called GigaChat as a rival to ChatGPT, initially in an invite-only testing mode, joining the artificial intelligence chatbot …