Business News

By Jack Queen (Reuters) – One of the most closely watched U.S. media trials in decades kicks off in a Delaware court on Tuesday as Fox Corp and Fox News …

LONDON (Reuters) – More companies in England and Wales entered insolvency during March than at any point since monthly records started three years ago, according to official data on Tuesday …

(Reuters) -Alphabet Inc shares fell as much as 4% on Monday following a report South Korea’s Samsung Electronics was considering replacing Google with Microsoft-owned Bing as the default search engine …

LONDON (Reuters) – As the need for climate action intensifies, governments and industries are exploring how to remove carbon dioxide (CO2) from the atmosphere. The U.S. government has offered $3.5 …

ZURICH (Reuters) – Credit Suisse will bring forward its first-quarter earnings by three days to April 24, it said on Tuesday, a move that could allow UBS to speak more …

TOKYO (Reuters) -Japanese retail giant Seven & i Holdings Co will oppose all four board director candidates nominated by ValueAct Capital, it said on Tuesday, escalating its high-profile battle with …

SHANGHAI (Reuters) – Premium electric vehicle (EV) maker Polestar will start production in South Carolina for U.S. and European markets from 2024, Chief Executive Thomas Ingenlath told Reuters at the …

A look at the day ahead in U.S. and global markets from Mike Dolan With investors largely assuming recession ahead, an accelerating global economic pulse challenges the narrative and is …

By Tim Hepher PARIS (Reuters) – Airbus has started notifying airlines about delivery delays in 2024 for its best-selling A320neo family of jets, with several hundred of the single-aisle planes …

(Reuters) – China’s economy grew at a faster-than-expected clip in the first quarter, official data showed on Tuesday, expanding 4.5% year-on-year, as policymakers move to bolster growth following the end …

By David Lawder WASHINGTON (Reuters) – The U.S. Internal Revenue Service declared on Tuesday that it is completing its first “normal” tax filing season since the COVID-19 pandemic struck in …

(Reuters) – J.P.Morgan and Citigroup upgraded China’s 2023 full-year gross domestic product growth forecast on Tuesday, citing that the country’s decision to lift stringent COVID-19 restrictions last December helped boost …

By Kane Wu and Julie Zhu HONG KONG (Reuters) – State-owned China Mobile Ltd is exploring a buyout of Hong Kong’s leading telecoms company HKBN Ltd, four people with knowledge …

By Charlotte Greenfield (Reuters) – Afghanistan’s economy will contract, inflation will rise and liquidity will fall if there is a 30% drop in international aid as feared, according to an …

TOKYO (Reuters) – The average sales price for newly-built apartment units in Japan’s metropolitan Tokyo area jumped to 143.6 million yen ($1.07 million) in March, topping the 100 million yen …

By Tetsushi Kajimoto TOKYO (Reuters) – Japan will stay the course to reach the central bank’s 2% inflation target by continuing monetary easing even though it may take time, Governor …

(Reuters) – Adani Group’s debt pile rose almost 21% over the past year and the proportion held by global banks rose to nearly a third, Bloomberg News reported on Tuesday. …

ROME (Reuters) -Italy’s data protection watchdog is ready to allow the return of the ChatGPT chatbot at the end of April if its maker OpenAI takes “useful steps” to address …

By Josh Horwitz and Daniel Leussink SHANGHAI/TOKYO (Reuters) -Japan’s Nissan Motor on Tuesday unveiled a new electric sport-utility vehicle (SUV) at the Shanghai auto show as it pledged its commitment …

By Winni Zhou and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Violet Zhu, a Shanghai-based electronic components exporter, has been attending jewellery auctions and chatting on social media forums on the subject …

(Reuters) – French energy company TotalEnergies’ variable cost margin for European refineries jumped to $87.8 dollar per tonne in the first quarter, the company said in a preliminary release of …

MOSCOW (Reuters) – Russian Central Bank Governor Elvira Nabiullina said on Tuesday Russia is building its international reserves with assets that cannot be targeted by Western sanctions, the TASS news …

ZURICH (Reuters) -UBS on Tuesday said it was making changes to its $6 billion share buyback programme following its takeover of Credit Suisse. UBS said it will use some of …

WELLINGTON (Reuters) – Fiji must take urgent action to reduce a debt burden that exceeds 90% of gross domestic product or put at risk its recovery from the COVID pandemic …