Business News

BERLIN (Reuters) – Most Germans are worried about high inflation, and more than half of them report that rising prices are making them struggle financially, an international survey by Dynata …

PARIS (Reuters) -The European Central Bank interest rates are likely to reach their peak over the summer and a rate cut this year is out of the question, French ECB …

By Victoria Waldersee STUTTGART (Reuters) -Mercedes-Benz Group on Friday warned of lower earnings this year amid economic uncertainty, and said it would look to sell more vehicles directly in major …

(Reuters) – U.S. bond funds witnessed their first weekly net selling in six weeks in the seven days to Feb. 15 as bond yields climbed on concerns over more Federal …

By Iain Withers and Lawrence White LONDON (Reuters) – NatWest warned on Friday that rising interest rates may not deliver the long-lasting earnings bonanza investors hope for, even though profit …

By Pratima Desai LONDON (Reuters) – Russia is likely to limit exports of key metals such as nickel and palladium if the United States imposes steep taxes on imports of …

BERLIN (Reuters) – German producer prices rose more than expected in January, though the rate of increase eased for the fourth month in a row, signalling that inflation in Europe’s …

(Reuters) – Global equity funds witnessed outflows in the week to Feb. 15, hit by worries about the U.S. Federal Reserve’s further monetary tightening, with recent data showing stickier-than-expected inflation. …

A look at the day ahead in U.S. and global markets from Mike Dolan. Try as they might to view the glass as half full and see relief in avoiding …

By Josh Ye HONG KONG (Reuters) -Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs …

By Christoph Steitz, Tom Käckenhoff and Vera Eckert FRANKFURT/DUESSELDORF (Reuters) -Germany’s Uniper expects profits to recover this year from a 19.1 billion euro ($20.3 billion) record net loss in 2022, …

By Josh Ye HONG KONG (Reuters) – China’s Lenovo Group Ltd reported a 24% revenue decline for the third quarter, its largest revenue fall in 14 years as global demand …

MADRID (Reuters) – Spain’s public debt-to-GDP ratio fell by more than 5 percentage points in 2022, the steepest decline ever, to 113.1% after the ratio had gained more than 20 …

By Mimosa Spencer and Ingrid Melander PARIS (Reuters) – Birkin bagmaker Hermes said that wealthy Chinese clients snapped up its products in the fourth quarter even as the rest of …

By William Schomberg and William James LONDON (Reuters) – British consumers unexpectedly increased their shopping in January, but the big picture remains one of weak demand from inflation-hit households relying …

By Valerie Insinna and Tim Hepher WASHINGTON/PARIS (Reuters) -Boeing said on Thursday it is absorbing its decades-old aircraft-financing arm into its commercial airplanes unit as part of a push to …

JOHANNESBURG (Reuters) -Investment bank Morgan Stanley has lifted the average “recovery value” for Ghana’s defaulted dollar-denominated government bonds to $46 from a previous forecast of $41 following the country’s deal …

By Andres Gonzalez and Amy-Jo Crowley LONDON (Reuters) -Manchester United will receive multiple offers when an initial deadline for bids expires on Friday, sources familiar with the process said, kicking …

PARIS (Reuters) – Tereos, the world’s second-largest sugar producer, said on Friday it had appointed Jorge Boucas as its chief executive officer effective from April. Its former chief executive stepped …

By Krishn Kaushik BENGALURU -The United States brought its most advanced fighter jet, the F-35, to India for the first time this week alongside F-16s, Super Hornets and B-1B bombers …

By Darya Korsunskaya and Alexander Marrow MOSCOW (Reuters) -Russia’s finance ministry is sticking with plans to post a budget deficit of no more than 2% of gross domestic product (GDP) …

By Leika Kihara TOKYO (Reuters) -Japan will start a pilot programme in April to test the use of a digital yen, its central bank said on Friday, joining a growing …

By Mimosa Spencer PARIS (Reuters) -Gucci is banking on new ultra-high-end “salons” offering merchandise priced at up to $3 million to help narrow a widening gap with rival Louis Vuitton …

SHANGHAI (Reuters) – China is widely expected to leave its benchmark lending rates unchanged at the monthly fixing on Monday, a Reuters survey showed, as investors believe the world’s second-largest …