Business News

By Rodrigo Campos NEW YORK (Reuters) – Emerging market equities and debt attracted the largest monthly net inflow in January in two years as better conditions allowed for blockbuster debt …

By Dan Burns (Reuters) – Confidence among U.S. single-family homebuilders improved for a second straight month in February – and by much more than economists had anticipated – in a …

WASHINGTON (Reuters) – Production at U.S. factories rebounded in January, but output in the prior month was much weaker than initially thought amid higher borrowing costs that are hurting the …

SAO PAULO (Reuters) -Brazilian Finance Minister Fernando Haddad said on Wednesday that discussing the interest rate level, currently at a six-year high of 13.75%, is more important than debating inflation …

(Reuters) – Property developer China Evergrande Group said on Wednesday an independent committee found its directors fell “below standards” through their involvement in diverting loans secured by unit Evergrande Property …

TORONTO (Reuters) – Canadian home sales fell 3% in January from December and were down 37.1% on an annual basis, data from the Canadian Real Estate Association showed on Wednesday. …

By Enrico Dela Cruz and Adrian Portugal MANILA (Reuters) – Putting quality over profit during inflationary times, Manila restaurant manager Ely Cundangan has refused to mess with her signature beef …

(Reuters) – The New York Federal Reserve said on Wednesday its barometer of manufacturing activity in New York State contracted for a third straight month in February, but not by …

By Chibuike Oguh NEW YORK (Reuters) – TPG Inc said on Wednesday that its fourth-quarter distributable earnings fell 26% year-on-year as it cashed out fewer investments in its private equity, …

By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Just like that, euphoria in the world’s biggest bond markets has evaporated as signs that inflation is unlikely to ease as …

By Noah Browning LONDON (Reuters) -China will make up nearly half of this year’s oil demand growth after it relaxed its COVID-19 curbs, the International Energy Agency (IEA) said on …

By Mimosa Spencer and Silvia Aloisi PARIS (Reuters) – Sales at French luxury group Kering fell 7% in the fourth quarter, dragged lower by a slump in revenue at its …

By Iain Withers LONDON (Reuters) -Barclays has docked the pay of some top executives by a combined 1 million pounds ($1.2 million) following regulatory missteps and a costly overissuance of …

(Reuters) -Goldman Sachs Group Inc said on Wednesday a consumer-facing proprietary credit card never became “a meaningful part” of the bank’s strategy, highlighting the Wall Street giant’s retreat from its …

(Reuters) – Tesla Inc will suspend some production until the end of February as the electric-vehicle maker upgrades the facility to make a refreshed version of the Model 3 compact …

(Reuters) – Global demand for lithium batteries is expected to surge more than five-fold by 2030, public-private alliance Li-Bridge said on Wednesday, as more people opt for electric vehicles and …

LONDON (Reuters) – Deutsche Bank has raised its forecasts for where U.S. interest rates will end up, as latest inflation numbers suggested the Federal Reserve would need to tighten monetary …

By Lawrence White and Iain Withers LONDON (Reuters) – Barclays reported a 14% fall in full-year pretax profit on Wednesday as earnings were poleaxed by surging costs, a collapse in …

A look at the day ahead in U.S. and global markets from Mike Dolan. U.S. inflation is not falling fast enough, the Federal Reserve is stamping its foot and the …

By Selena Li and Samuel Shen HONG KONG (Reuters) – American investment manager Van Eck will terminate a plan that has been in the works for over two years to …

By Clara Denina and Helen Reid LONDON (Reuters) -Glencore announced a payout of $7.1 billion to its investors on Wednesday, as high oil and coal prices helped it to post …

(Reuters) – Spanish consumer prices rose 5.9% in the 12 months through January, up from 5.7% in the period through December, pushed up by, among other things, higher fuel and …

By Sarita Chaganti Singh NEW DELHI (Reuters) – India’s merchandise trade deficit in January hit its lowest in a year at $17.75 billion, according to a Reuters calculation based on …

(Reuters) – Tesla chief executive Elon Musk donated shares worth $1.95 billion in the world’s most valuable automaker to charity last year, a filing with the U.S. Securities and Exchange …