Business News

PARIS (Reuters) – French media giant Vivendi is set to commit to selling celebrity magazine Gala in a bid to win the European Commission’s approval for the acquisition of Lagardere, …

By Huw Jones LONDON (Reuters) – French bank Credit Agricole has called on the European Union to address what it says is an unfair system of funding for the bloc’s …

By Joice Alves and Indradip Ghosh LONDON (Reuters) – The Norwegian crown is the worst-performing G10 currency so far in 2023, hurt by turmoil in the banking sector and a …

(Reuters) -BMW remains on track for slightly higher sales this year despite a dip in demand in the first quarter, including in the Chinese market, the German carmaker said on …

By Yoruk Bahceli (Reuters) – Italian government bonds, usually among the first to be dumped by panicky investors when a global crisis takes hold, have been absent from the maelstrom …

(Reuters) -Cineworld said on Tuesday it had filed a reorganisation plan in a Texas bankruptcy court that will effectively wipe out existing shareholdings, sending its stock to an all-time low. …

By Judy Hua and Kevin Yao BEIJING (Reuters) – China’s new bank lending hit an all-time high in the first quarter while broad credit growth quickened as the central bank …

BENGALURU (Reuters) – Indian private lender HDFC Bank Ltd said on Tuesday it would consider raising debt of 500 billion rupees (about $6 billion) over the next one year. The …

By Tetsushi Kajimoto TOKYO (Reuters) – The head of Japan’s largest trade union confederation on Tuesday called for further wage rises beyond next year, arguing that this year’s wage hikes …

BEIJING (Reuters) – China’s consumer inflation hit an 18-month low and factory-gate price declines sped up in March as demand stayed persistently weak, shoring up the case for policymakers to …

By Melanie Burton MELBOURNE (Reuters) -Newmont Corp laid down a best and final offer for Australia’s Newcrest Mining Ltd on Tuesday at A$29.4 billion ($19.5 billion) to close a deal …

MOSCOW (Reuters) – Russia started fuel exports to Iran by rail this year for the first time after traditional buyers shunned trade with Moscow, according to three industry sources and …

ZURICH (Reuters) – Credit Suisse has already paid back some of the emergency liquidity offered by the Swiss National Bank (SNB), data suggested on Tuesday, signaling an ebbing of the …

TOKYO (Reuters) – Japan has awarded its largest defence equipment maker Mitsubishi Heavy Industries contracts worth 378 billion yen ($2.84 billion) to develop and build a new missile force aimed …

A look at the day ahead in U.S. and global markets from Mike Dolan Stock markets seem determined to see a glass half full in assessing the foggy growth and …

PARIS (Reuters) – Airbus confirmed a drop of as much as 11% in first-quarter deliveries and announced the sale of four A350 freighters to an undisclosed customer on Tuesday. The …

By Elena Fabrichnaya MOSCOW (Reuters) – Russians’ foreign currency holdings at foreign banks exceeded those held at domestic ones last year, the central bank said on Tuesday, in a shift …

ROME (Reuters) – Italian supercar maker Ferrari said on Tuesday it had signed a deal with Samsung Display to use its organic light-emitting diode (OLED) display panels in future car …

LONDON (Reuters) – Global export restrictions on critical materials have grown more than five-fold over the last decade, the OECD said on Tuesday, potentially impeding governments’ efforts to reduce carbon …

A look at the day ahead in European and global markets from Kevin Buckland. Asian stocks put in a strong showing on their return to full trading globally after the …

BERLIN (Reuters) – Investor morale in the euro zone improved in April after a surprise dip in March, in a resumption of improvements of recent months as the assessment of …

BEIJING (Reuters) – Boeing said on Tuesday that 11 Chinese airlines have resumed operation of the 737 MAX as of April 10, in a positive sign for the U.S. planemaker’s …

BEIJING (Reuters) – Several small and mid-sized banks in China have lowered their deposit interest rates, a move that could help ease costs as loan growth faces more pressure amid …

By Rocky Swift TOKYO (Reuters) – Second-quarter results from Japan’s Fast Retailing Co, owner of clothing brand Uniqlo, will on Thursday offer a window into how rapidly demand in China …