Business News

By Scott Murdoch SYDNEY (Reuters) -Macquarie Group has hired Credit Suisse’s top Australian dealmaker Dragi Ristevski, according to a memo from the bank. Ristevski has been Credit Suisse’s head of …

(Reuters) -Accounting firm EY has called off a plan to break up its audit and consulting units, slamming the brakes on a proposed overhaul of its businesses that was meant …

By Noele Illien and John Revill BERN (Reuters) -Switzerland’s parliament on Tuesday failed to approve the 109 billion Swiss francs ($120.5 billion) of financial guarantees used to rescue Credit Suisse …

(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday said the Fed’s interest-rate hikes and a possible pullback in lending after two bank failures last month could trigger …

By Leika Kihara TOKYO (Reuters) -The Bank of Japan could help prevent abrupt policy changes later by allowing more flexibility in its bond yield curve control, the International Monetary Fund …

TOKYO (Reuters) – Japan’s wholesale prices rose 7.2% in March from a year earlier, with the pace of increase slowing for the third straight month, data showed on Wednesday, offering …

By Dawn Chmielewski and Lisa Richwine (Reuters) – Florida Governor Ron DeSantis’s newly formed oversight board is seeking to assert control over development in two cities where Walt Disney World …

By Suban Abdulla LONDON (Reuters) – British homes sales recovered to within a whisker of pre-pandemic levels in March, representing a recovery from September when the failed economic plan of …

By Andrea Shalal WASHINGTON (Reuters) – The World Bank is ready to do its part in rebuilding Ukraine after the devastation of Russia’s invasion, but international financial institutions cannot shoulder …

By Ann Saphir (Reuters) -Philadelphia Federal Reserve Bank President Patrick Harker on Tuesday said he feels the U.S. central bank may soon be done raising interest rates, a year into …

By Stephen Culp NEW YORK (Reuters) – Wall Street stocks ended mixed on Tuesday, losing steam late in the session as investors awaited crucial inflation data and the unofficial kick-off …

By Leika Kihara (Reuters) – Group of Seven (G7) advanced economies will consider how best to help developing countries introduce central bank digital currencies (CBDC) consistent with appropriate international standards, …

By Clara Denina and Muhammed Husain LONDON (Reuters) – Glencore Plc on Tuesday modified its $22.5 billion all-share takeover bid for Teck Resources Ltd’s to include up to $8.2 billion …

By Dietrich Knauth (Reuters) – A Johnson & Johnson company on Tuesday defended its second attempt to resolve talc lawsuits in bankruptcy, telling a U.S. judge it can quickly build …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The world is bracing for U.S. inflation figures on Wednesday, but before that …

By David Shepardson WASHINGTON (Reuters) – The House of Representatives is set to vote next week on a bill to crack down on Chinese telecommunications companies Huawei and ZTE Corp …

NEW YORK (Reuters) – Euro zone inflation is at risk of getting entrenched above 2% so the European Central Bank will keep fighting excessive price growth, even as its policy …

By David Lawder and Hannah Lang WASHINGTON (Reuters) – The International Monetary Fund warned on Tuesday that lurking financial system vulnerabilities could erupt into a new crisis and slam global …

By Herbert Lash NEW YORK (Reuters) – A gauge of global stocks rose and bond yields edged higher on Tuesday as traders anticipate interest rates will soon peak even as …

By Ernest Scheyder (Reuters) -General Motors Co on Tuesday said it will invest in lithium technology startup EnergyX as it expands further into the mining industry, the latest deal by …

(Reuters) -A U.S. appeals court on Tuesday revived a lawsuit alleging HP Inc defrauded shareholders by secretly using unprofitable tactics to boost sales of its printing supplies in 2015 and …

By David Milliken and William Schomberg LONDON (Reuters) -The Confederation of British Industry said it had fired its director-general Tony Danker and suspended three others after an investigation into complaints …

By Mike Scarcella (Reuters) -A group of video gamers on Monday filed a new legal challenge to Microsoft Corp’s $69 billion bid to buy “Call of Duty” maker Activision Blizzard …

(Reuters) – Air Canada said on Tuesday that Chief Financial Officer Amos Kazzaz would retire at the end of June and be replaced by former Bombardier Inc executive John Di …