Business News

By Anirban Sen and Mehnaz Yasmin (Reuters) – Mark Shafir, one of Citigroup Inc’s top dealmakers, is retiring after a career spanning over three decades during which he advised some …

By David Lawder WASHINGTON (Reuters) – The International Monetary Fund on Tuesday trimmed its 2023 global growth outlook slightly as higher interest rates cool activity but warned that a severe …

By Saeed Azhar NEW YORK (Reuters) -HSBC Holdings plc’s U.S. unit has hired dozens of Silicon Valley Bank bankers led by David Sabow, who most recently led the technology and …

(Reuters) – China is negotiating a compromise plan with other major creditors that could help break a logjam in debt-relief talks for struggling developing nations, the Wall Street Journal reported …

By Ann Saphir (Reuters) -The Federal Reserve should be patient about raising interest rates in the face of recent banking stress, Chicago Fed President Austan Goolsbee said on Tuesday, noting …

By Blake Brittain (Reuters) -A U.S. appeals court handed Moderna Inc a win on Tuesday, affirming a decision to cancel an Arbutus Biopharma Corp patent related to the companies’ legal …

By Chris Prentice NEW YORK (Reuters) – Credit Suisse and the U.S. Securities and Exchange Commission (SEC) engaged in a months-long debate over the severity of reporting deficiencies that led …

By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose about 2% on Tuesday on hopes that the Federal Reserve might ease up on its policy tightening after a key …

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday as investors waited on inflation data for further signs of whether price pressures are ebbing and what it …

RIO DE JANEIRO (Reuters) – Brazil is analyzing the option of expanding an order for Swedish manufacturer Saab’s Gripen fighter jets, though the number of additional aircraft which could be …

By Michael S. Derby (Reuters) – The Federal Reserve is on a path to shrink the size of its massive stock of cash and bonds for several more years, and …

ZURICH (Reuters) – Credit Suisse and UBS must freeze any job cuts planned as part of their emergency merger, the Swiss Bank Employees’ Association (SBPV) said on Tuesday, in an …

By Medha Singh and Lisa Pauline Mattackal (Reuters) – Investors are finally set to gain access to more than $33 billion of ether this week under a planned revamp of …

ISTANBUL (Reuters) – Iraq has petitioned a U.S. federal court to enforce an arbitration award against Turkey related to Iraqi oil exports through a pipeline to a Turkish port, according …

PARIS (Reuters) – The French economy is set to grow around 0.2% in the first quarter of 2023, up from around 0.1% forecast last month, the central bank said on …

JACKSON TOWNSHIP, NJ – After 16 years, one of Jackson Township’s most beloved restaurants is closing. Surf Taco, once seen as the anchor restaurant for the Jackson Crossing plaza at …

By Giuseppe Fonte ROME (Reuters) -Italy on Tuesday raised its growth forecast for 2023 but cut next year’s projection as the outlook clouds, while confirming previous public finance targets to …

By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Tuesday said she remained vigilant to downside risks facing the global economy, given Russia’s ongoing war against Ukraine and …

By Jorgelina do Rosario and Uditha Jayasinghe WASHINGTON/COLOMBO (Reuters) – Sri Lanka’s sovereign lenders have yet to inform the government how they will engage with the country to restructure its …

TOKYO (Reuters) – SoftBank Group Corp Chief Executive Masayoshi Son will officially agree with Nasdaq this week to list British chip designer Arm Ltd, the Financial Times said on Tuesday, …

By Arathy Somasekhar and Stephanie Kelly HOUSTON/NEW YORK (Reuters) – Non-OPEC countries will account for a higher percentage of oil production gains this year and next, a reversal of the …

(Reuters) – Blackstone Inc said on Tuesday it had raised $30.4 billion for its latest global real estate fund, as the private equity behemoth looks to double down on the …

By Aditya Kalra NEW DELHI (Reuters) – A group of Indian startups has asked a court to suspend Alphabet Inc Google’s new in-app billing fee system until the country’s antitrust …

By Rajesh Kumar Singh CHICAGO (Reuters) – Major U.S. airlines are expected to reiterate the strength of travel demand when earnings season gets underway later this week. But with rising …

By Rae Wee, Medha Singh and Hannah Lang (Reuters) – Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its …