Business News

By Stephen Culp NEW YORK (Reuters) – The solid first-quarter stock market performance helped prompt an 8.7% rise in short interest in U.S. and Canadian equities markets, according to a …

FRANKFURT (Reuters) -The United States and the euro zone should not take the international status of their currencies for granted as countries such as China and Russia seek to create …

BRASILIA (Reuters) – Brazil’s government is working on additional revenue measures to be announced in the second half of this year, said Revenue Chief Robinson Barreirinhas on Monday, highlighting confidence …

(Reuters) – Activist investor Trillium Capital said on Monday stock-photo company Getty Images Holdings Inc should expand and create partnerships with technology firms and publishers to grow its revenue. Last …

By Akash Sriram (Reuters) -Tesla Inc’s first-quarter margins are anticipated to have hit a more than three-year low as the electric-vehicle maker slashed prices to lure more buyers in the …

By Marc Jones LONDON (Reuters) – The head of the Bank of International Settlements has warned that years of fighting economic crises have created conditions that are pushing the limits …

By Andrea Shalal WASHINGTON (Reuters) -The Group of Seven (G7) coalition will keep a $60 per barrel price cap on seaborne Russian oil, a coalition official said, despite rising global …

By Lucia Mutikani WASHINGTON (Reuters) – Confidence among U.S. single-family homebuilders improved for a fourth straight month in April as a dearth of previously owned homes and falling mortgage rates …

By Blake Brittain (Reuters) – Gene-sequencing giant Illumina Inc has settled a patent lawsuit brought by Maryland biotech company Ravgen Inc, which accused Illumina’s genetic tests of infringing its patents. …

By Gilles Guillaume PARIS (Reuters) -French carmaker Renault is reviewing its pricing policies for electric cars worldwide to ensure it stays competitive after a wave of price cuts by U.S. …

By Brendan Pierson (Reuters) -E-cigarette company Juul Labs Inc and its former largest investor, Marlboro maker Altria Group Inc, on Monday settled claims by the state of Minnesota that accused …

By Oliver Hirt ZURICH (Reuters) – The Swiss government has awarded an advisory mandate worth up to 8.7 million Swiss francs ($9.70 million) to Alvarez & Marsal Switzerland, linked to …

SHANGHAI (Reuters) -Tesla’s Shanghai factory workers took to social media to appeal to Elon Musk and the Chinese public after being told at the weekend about cuts to their performance …

FRANKFURT (Reuters) – The European Central Bank can discuss changing its 2% inflation goal but only after it brings down inflation to that level, ECB President Christine Lagarde said on …

SHANGHAI (Reuters) -China’s auto market, the world’s largest, is accelerating toward an electric future – leaving established global brands stuck in the slow lane. When auto executives convene in Shanghai …

By Lisa Baertlein LOS ANGELES (Reuters) – California’s bustling seaports, dominated by massive container vessels and soaring cranes, may seem an unlikely setting for investors seeking to capitalize on the …

(Reuters) – Eli Lilly and Co said on Monday it will invest an additional $1.6 billion at its two new manufacturing sites in Indiana, United States to support the manufacturing …

(Reuters) – Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), said hedge funds and other parts of the shadow banking system need to face greater scrutiny …

By Blake Brittain WASHINGTON (Reuters) -The U.S. Supreme Court on Monday declined to hear Novartis Pharmaceuticals Corp’s bid to revive a key patent on its blockbuster multiple sclerosis drug Gilenya …

DUBLIN (Reuters) – Ryanair does not expect to see major disruption this summer on account of Boeing’s decision to halt deliveries of 737 MAX jets over quality issues, a senior …

HONG KONG/LONDON (Reuters) – HSBC’s biggest shareholder Ping An is likely to vote in favour of splitting the bank up at its annual investor meeting on May 5, a source …

By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England likely has one more hike in its tightening cycle but it was a close call for a final quarter-point rate …

LAKEWOOD, NJ – The Strand Theater in Lakewood, located at 400 Clifton Avenue, is currently seeking porters to join their team. The board of the theater is searching for individuals …

WASHINGTON (Reuters) – The New York Federal Reserve said on Monday its barometer of manufacturing activity in New York State increased for the first time in five months in April …