Business News

By Andrea Shalal and David Lawder WASHINGTON (Reuters) -China is expected to drop its demand for multilateral development banks to share losses alongside other creditors in sovereign debt restructurings for …

By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Tuesday ordered Russia’s largest cargo airline to pay aircraft lessor BOC Aviation Ltd $406.2 million after being declared in …

BRASILIA (Reuters) – Brazil’s government announced on Tuesday it would end a tax exemption on international orders up to $50 as part of an effort to tax purchases from global …

By Terje Solsvik OSLO (Reuters) – AB Volvo reported record first-quarter profit, a preliminary filing showed, as the truck maker boosted its revenue and margins despite supply bottlenecks and cost …

By Akriti Sharma (Reuters) – Twitter Inc CEO Elon Musk said on Wednesday the social media company is “roughly breaking even,” as most of its advertisers have returned and its …

By Douglas Gillison and Hannah Lang (Reuters) – The Federal Deposit Insurance Corp is expected to propose next month how to make the U.S. banking sector pay for an estimated …

A look at the day ahead in U.S. and global markets from Mike Dolan As another crucial U.S. inflation reading keeps markets in thrall, major stocks continue to hold the …

By Tetsushi Kajimoto TOKYO (Reuters) – The Bank of Japan will continue monetary easing to achieve its 2% inflation target accompanied by wage hikes in a sustainable and stable manner, …

(Reuters) – Asia’s economic growth could outpace developed countries’ by 5% by end-2023 driven by China’s easing of COVID-19 curbs, strong domestic demand and interest rates staying in less-restrictive territory, …

By Kirsty Needham SYDNEY (Reuters) – Australia wants exporters to diversify markets and become less reliant on China, because it cannot separate economic and strategic relationships, Foreign Minister Penny Wong …

By Huw Jones LONDON (Reuters) – The G20’s financial watchdog on Wednesday said rules it introduced after the global financial crisis had prevented contagion from the latest banking sector turmoil, …

(Reuters) -Deutsche Bank is looking for ways to minimise business disruption as it reduces risks from its Russian technology operations in line with the law, Germany’s biggest lender said on …

By Tetsushi Kajimoto TOKYO (Reuters) -More Japanese households are expecting prices to rise a year from now, a Bank of Japan survey showed, reflecting stubborn inflation and heaping pressure on …

By David Shepardson WASHINGTON (Reuters) -A major U.S. transport union on Tuesday opposed a request by Alphabet Inc’s self-driving unit Waymo and autonomous driving technology company Aurora Innovation Inc for …

By David Shepardson and Diane Bartz WASHINGTON (Reuters) – The Biden administration said Tuesday it is seeking public comments on potential accountability measures for artificial intelligence (AI) systems as questions …

By Joe Cash BEIJING (Reuters) – China’s exports and imports likely extended their declines in March, a Reuters poll showed on Wednesday, as weakening global demand squeezed factory supply chains …

By Chen Lin SINGAPORE (Reuters) – Singapore’s economy is likely to have expanded at a slower pace in the first quarter, posing a challenge for the central bank as it …

By Kate Abnett, Marwa Rashad and Gabriela Baczynska BRUSSELS/LONDON (Reuters) – Political pressure is building within the European Union to tackle the daunting challenge of closing a loophole in its …

MANILA (Reuters) – Philippine President Ferdinand Marcos Jr’s approval ratings edged lower due to public dissatisfaction over his government’s handling of inflation, but he remains popular, an opinion poll showed …

SINGAPORE (Reuters) – The U.S. arm of cryptocurrency exchange Binance said it will remove digital asset tokens TRON and Spell from its trading platform, sending the prices of both down …

A look at the day ahead in European and global markets from Ankur Banerjee Today marks what has become a monthly routine when investors hold their collective breath for the …

By David Carnevali and Anirban Sen (Reuters) -Industrial conglomerate Emerson Electric is in advanced talks to acquire National Instruments Corp in a deal that could value the measurement equipment maker …

By Nupur Anand and Lananh Nguyen (Reuters) -Banks that contributed the bulk of $30 billion in deposits to First Republic Bank plan to set aside about $100 million each in …

TOKYO (Reuters) – Former Bank of Japan Governor Haruhiko Kuroda has received a job offer from a prestigious university in Tokyo, days after retiring from the helm of the central …

TOKYO (Reuters) – Goldman Sachs Group Inc said on Wednesday it is launching its transaction banking business for corporate clients in Japan, as the U.S. investment bank expands in the …