Business News

By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) – The dollar fell against most major currencies on Tuesday after better-than-forecast growth data from China, while strong pay figures from …

By Paul Lienert (Reuters) – Chinese electric vehicle maker Xpeng Inc is the latest manufacturer hoping to save money and speed development and production by shifting to a digital vehicle …

By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s annual inflation rate eased in March to 4.3%, its slowest pace in 19 months but still more than double the Bank …

By Medha Singh and Lisa Pauline Mattackal (Reuters) – Beleaguered bitcoin miners are finally feeling the spring sunshine after a cold, hard crypto winter. The power-hungry companies that pump new …

WASHINGTON (Reuters) – There was “some evidence” that China wants the dollar to weaken as the international reserve currency, said a White House nominee for a top economist position on …

By Allison Lampert (Reuters) -WestJet Airlines pilots on Tuesday voted for possible strike action as early as May 16, underscoring broader efforts by North American pilots to make gains on …

By Michael S. Derby (Reuters) -The U.S. central bank most likely has one more interest rate rise ahead of it as it continues to work to lower high inflation, Atlanta …

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday will lay out the Biden administration’s principal objectives for the U.S.-China economic relationship in a speech in Washington, the Treasury …

By Andrea Shalal WASHINGTON (Reuters) -The White House on Tuesday said it is closely tracking developments in commercial real estate after recent strains in the banking sector, given that many …

By Noel Randewich (Reuters) – Nvidia’s stock jumped to its highest in a year on Tuesday, extending a recent rebound after HSBC flipped its recommendation on the graphics chipmaker to …

By Hilary Russ NEW YORK (Reuters) – Burger King is banking on its viral “Whopper Whopper” jingle to lift sales as part of the flagging fast-food chain’s turnaround plan, as …

By Valerie Insinna and Nathan Gomes WASHINGTON (Reuters) -Boeing Co still plans to ramp up production of its best-selling 737 MAX passenger jet this summer, despite a recent manufacturing problem …

(Reuters) – A so-called “wholesale” central bank digital currency could hold promise for the future settlement of certain financial market transactions and processing international payments, Federal Reserve Governor Michelle Bowman …

By Lucia Mutikani WASHINGTON (Reuters) – U.S. single-family homebuilding increased for a second straight month in March, while permits for future construction surged, offering some glimmers of hope for the …

(Reuters) -Bankrupt crypto exchange FTX’s potential revival has drawn interest from venture firm Tribe Capital, Bloomberg News reported on Tuesday citing people familiar with the matter. Tribe is considering leading …

By Niket Nishant and Tatiana Bautzer (Reuters) -Goldman Sachs Group Inc is exploring the sale of its Greensky fintech business, the bank’s CEO said on Tuesday, its latest move to …

By Jonathan Stempel NEW YORK (Reuters) – A federal judge on Tuesday ordered JPMorgan Chase & Co CEO Jamie Dimon to set aside two days for depositions about what he …

By Foo Yun Chee BRUSSELS (Reuters) -The European Union on Tuesday agreed a 43 billion euro ($47 billion) plan for its semiconductor industry in an attempt to catch up with …

By Blake Brittain (Reuters) – Alphabet’s Google LLC on Tuesday convinced a U.S. appeals court to cancel three anti-malware patents at the heart of a Texas jury’s $20 million infringement …

FRANKFURT (Reuters) -The European Central Bank’s (ECB) chief economist on Tuesday backed a further interest rate increase at the ECB’s next meeting but said its size would depend on incoming …

By Bhanvi Satija and Manas Mishra (Reuters) – Johnson & Johnson on Tuesday cautioned investors over the lingering impact of inflation-driven costs this year as the healthcare conglomerate issued a …

By Huw Jones (Reuters) -The European Union on Tuesday proposed making it harder for states to pour billions of euros of aid into an ailing bank, as Italy did with …

By Maggie Fick BARCELONA (Reuters) – AstraZeneca is confident that its new version of COVID-19 antibody treatment could protect immunocompromised patients against all known virus variants, its vaccines head said. …

(Reuters) – Despite the second- and third-largest bank failures in U.S. history last month, the U.S. Federal Deposit Insurance Corporation remains on track to refill its deposit insurance fund ahead …