Business News

By Vera Eckert WILHELMSHAVEN, Germany (Reuters) – Germany’s only deep water port, home to its largest naval base, is where energy firms now plan to spend more than $5.5 billion …

BERLIN (Reuters) -German industrial production rose significantly more than expected in February due in part to vehicle manufacturing, increasing 2.0% on the previous month, the federal statistical office said on …

BEIJING (Reuters) – Among the French business executives travelling to Beijing with President Emmanuel Macron, the mood was cautiously sanguine on the thawing post-pandemic trade prospects with China, with some …

(Reuters) -Shell expects higher liquefied natural gas (LNG) output in the first quarter after outages at its Australian plants last year as well as stable earnings from LNG trading, it …

By Tommy Wilkes and Patturaja Murugaboopathy LONDON (Reuters) – Investment funds with environmental, social and governance (ESG) goals appear to be back in vogue in 2023, although the banking crisis …

By Clare Jim HONG KONG (Reuters) – Large delegations of Chinese city and business officials have made hundreds of trips to Asia and Europe since December, seeking to drum up …

MILAN (Reuters) – The head of Italy’s UniCredit expects the European Central Bank (ECB) to take a ‘balanced approach’ on interest rate hikes, acting on the basis of economic data …

By Francis Mascarenhas and Tanvi Mehta MUMBAI (Reuters) -Apple Inc on Wednesday revealed the look of its first retail store in India, as several people tried to catch a glimpse …

By Mike Dolan LONDON (Reuters) -As “fragmentation” of politics and economics becomes the new buzzword for a world that appears to be splintering into blocs, the related costs of the …

By Lewis Krauskopf and David Randall NEW YORK (Reuters) – An investing strategy designed to hedge against market declines is rebounding after a rough year, but its success may hinge …

(Reuters) – Private-equity group KKR is nearing a deal to buy a large stake in FGS Global that will value the financial communications company at about $1.4 billion, the Financial …

A look at the day ahead in European and global markets from Ankur Banerjee Another set of weaker-than-expected U.S. economic data has investors spooked at the prospect of a looming …

BEIJING (Reuters) – The rebound of China’s economy will be further consolidated and tax revenues in the second quarter will likely grow faster, but the economy still faces many uncertainties …

BEIJING (Reuters) – China’s services activity in March revved up at the quickest pace in 2-1/2 years on robust new orders and job creation and a consumption-led post-COVID recovery, a …

By Swati Bhat MUMBAI (Reuters) – India’s central bank is widely expected to raise its benchmark rate on Thursday for the seventh consecutive meeting and leave the door open for …

By Noel Randewich and Ankika Biswas (Reuters) – The S&P 500 dipped and the Nasdaq ended sharply lower on Wednesday after a growing wave of weak economic data deepened worries …

By David Lawder WASHINGTON (Reuters) -U.S. Trade Representative Katherine Tai on Wednesday defended the Biden administration’s decision not to pursue traditional free trade deals and argued her approach of working …

(Reuters) – Marvel Entertainment’s former chairman Ike Perlmutter on Wednesday said he will hold on to his Disney shares, a week after reports of his termination from the role. Reuters …

By Manya Saini and Siddarth S (Reuters) – Western Alliance Bancorporation said on Wednesday its first-quarter deposits were 11% lower than at the end of 2022, as customers spooked by …

By Jamie McGeever (Reuters) – There will be no Asia Morning Bid on Friday, April 7. It will resume on Monday, April 10. A look at the day ahead in …

(Reuters) -AbbVie Inc on Wednesday lowered its full-year and first-quarter profit expectations, citing a $150 million hit from acquired in-process research and development (IPR&D) and milestone expenses. The drugmaker’s shares …

(Reuters) – The Federal Deposit Insurance Corporation (FDIC) has retained BlackRock Inc unit Financial Market Advisory to sell the securities portfolios it kept in receivership after the collapse of Signature …

By David Shepardson NEW YORK (Reuters) – The U.S. Transportation Department (USDOT) Wednesday imposed a $135,000 penalty on British Airways over a 2017 tarmac delay in which it failed to …

LOS ANGELES (Reuters) – Michael Paull, the head of Walt Disney Co’s streaming entertainment unit, is leaving the company after six years under an ongoing restructuring by Chief Executive Bob …

MEXICO CITY (Reuters) -Mexico’s annual inflation slowed in March by more than expected to 6.85%, the lowest rate in nearly 1-1/2 years, although core price pressures remained elevated, data from …