Business News

By Huw Jones LONDON (Reuters) – KPMG has been fined 875,000 pounds ($1.09 million) for its audit of lighting manufacturer Luceco for its financial year to Dec. 31, 2016, Britain’s …

ZURICH (Reuters) – UBS has hired JPMorgan to explore a possible IPO of Credit Suisse’s domestic business, Zurich based finance blog Inside Paradeplatz reported on Thursday. Last month UBS agreed …

By Tristan Veyet and Bartosz Dabrowski (Reuters) – Swiss fragrance and flavour maker Givaudan on Thursday reported quarterly like-for-like sales slightly above expectations, with price rises helping to offset lower …

(Reuters) – Pakistan will struggle to break out of a cycle of ongoing debt repayments without reform, former Pakistan Prime Minister Imran Khan told the Financial Times in an interview. …

By Nick Carey LONDON (Reuters) – Legacy automakers got off to a late start with their commercial electric vans, opening the door for other electric commercial vehicle (ECV) makers to …

CHENGDU, China (Reuters) -Chinese electric vehicle maker Zeekr on Wednesday launched a compact, all-electric sport utility vehicle, as it targeted a premium market in China that has been dominated by …

TOKYO (Reuters) – A casino resort project in Osaka, western Japan, is in the final stages of the government’s approval process, Prime Minister Fumio Kishida told reporters on Thursday. The …

A look at the day ahead in European and global markets from Tom Westbrook The euro emerged as the clearest winner of slowing U.S. inflation and a watchful Fed. The …

(Reuters) – Apple Inc has significantly increased its production of iPhones in India, accounting for almost 7% of its total iPhone production, up from 1% in 2021, Bloomberg News reported …

By Stella Qiu SYDNEY (Reuters) – Australia employment blew past expectations for a second month in March while the jobless rate held near 50-year lows, an unambiguously strong report that …

By Andrea Shalal WASHINGTON (Reuters) – Global creditors, debtor nations and international financial institutions on Wednesday agreed ways to jumpstart and streamline long-stalled debt restructuring efforts, including through improved data …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets on Thursday look set to take their cue from the ‘risk …

By Andrea Shalal WASHINGTON (Reuters) -The World Bank’s steering committee and U.S. Treasury Secretary Janet Yellen on Wednesday called for further reforms this year to expand the bank’s ability to …

By Blake Brittain (Reuters) – Monster Beverage Corp, the maker of Monster Energy drink, on Wednesday persuaded a California federal court to block rival Vital Pharmaceuticals, maker of Bang Energy, …

By David Shepardson WASHINGTON (Reuters) – The Biden administration’s proposal on Wednesday to sharply cut tailpipe emissions and vehicle pollutants is on a fast track as the future of U.S. …

By Jorgelina do Rosario and Joe Bavier WASHINGTON (Reuters) – Kenya expects at least $1.2 billion in financing inflows between April and May and is in talks for new funding …

By Jorgelina do Rosario and Andrea Shalal WASHINGTON (Reuters) -Zambia could lose gains achieved so far from macroeconomic reforms if its ongoing debt restructuring is further delayed, Treasury Secretary Felix …

(Reuters) – Bank of England Governor Andrew Bailey said he did not see signs of a repeat of the 2007/8 global financial crisis, speaking at the International Monetary Fund Spring …

By Huw Jones (Reuters) -Bank of England Governor Andrew Bailey said bank reforms enacted after the global financial crisis of 2007-09 worked during the recent banking turmoil, but there were …

By Christian Kraemer and David Lawder WASHINGTON (Reuters) -Group of Seven (G7) finance leaders pledged on Wednesday to take action to maintain the stability of the global financial system after …

By Leika Kihara and David Lawder WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank must pay more attention to the risk of failing to …

By Dawn Chmielewski BURBANK, Calif. -Warner Bros Discovery Inc on Wednesday said it will launch on May 23 its long-awaited new streaming service, christened “Max”, combining HBO Max’s scripted entertainment …

By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended lower on Wednesday after minutes from the Federal Reserve’s March policy meeting revealed concern among several members of the Federal …

By Tom Wilson (Reuters) -The software that underpins the second-biggest crypto coin ether was upgraded on Wednesday and is online, cryptocurrency exchange Binance said in a tweet. The move will …

By Brendan Pierson NEW YORK (Reuters) -E-cigarette maker Juul Labs Inc agreed on Wednesday to pay $462 million over eight years to settle claims by six U.S. states including New …