Business News

(Reuters) – Tesla has changed prices for one version of each of its Model 3 sedan and Model Y crossover, the fourth price adjustment by the electric vehicle maker since …

By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) -Japan’s government named academic Kazuo Ueda as its pick to become next central bank governor, a surprise choice that could heighten the …

By Summer Zhen HONG KONG (Reuters) – After seeing record outflows in 2022, Asia-focused hedge funds posted a 5.3% gain in a January rally to mark their best monthly performance …

By Francesco Guarascio HANOI (Reuters) – Concerned Vietnam-based exporters are seeking to ensure they comply with a U.S. ban on imported products using raw materials from China’s Xinjiang as lucrative …

By Jonathan Cable LONDON (Reuters) – The Bank of England will make its final increase to borrowing costs in the current cycle next month to combat double-digit inflation, according to …

NEW DELHI (Reuters) – India’s annual wholesale price-based inflation (WPI) eased in January to 4.73% year-on-year, on cooling prices of some raw materials, government data showed on Tuesday. The reading …

BERLIN (Reuters) – Germany’s wholesale price index rose in January compared with the same month last year, according to data released on Tuesday. Wholesale prices increased by 10.6% on the …

By Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will raise interest rates at least twice more in coming months, with the risk they go higher still, according to …

By Tom Sims and John O’Donnell FRANKFURT (Reuters) – For years, Allianz, one of the world’s biggest investors, piled billions into property, wind farms and even London’s sewage system, but …

By Aditya Kalra and Greg Roumeliotis NEW DELHI/NEW YORK (Reuters) – India’s Adani Group has appointed accountancy firm Grant Thornton for independent audits of some of its companies in a …

By Himanshi Akhand and Melanie Burton BENGALURU/MELBOURNE (Reuters) – Australia’s iron ore giants BHP Group, Rio Tinto and Fortescue are set to report a steep drop in their earnings, which …

A look at the day ahead in European and global markets from Anshuman Daga Today’s inflation numbers from the world’s biggest economy on Valentine’s Day will be one of the …

By Anna Ringstrom and Marie Mannes STOCKHOLM (Reuters) – Price cuts at IKEA as well as promotional campaigns which the budget furniture giant normally doesn’t do have boosted footfall and …

By Vladimir Soldatkin NOVY URENGOY, Russia (Reuters) – Meticulously crafted over decades as a major revenue stream for the Kremlin, Moscow’s gas trade with Europe is unlikely to recover from …

(Reuters) -Walmart Inc will close three of its U.S. technology hubs, asking hundreds of workers to relocate to keep their jobs, a company spokesperson told Reuters on Monday. Nearly all …

By Marcela Ayres BRASILIA (Reuters) – Brazil’s central bank is not looking to change inflation targets, Governor Roberto Campos Neto said on Monday, resisting calls from President Luiz Inacio Lula …

(Reuters) -U.S. President Joe Biden is expected to name Federal Reserve Vice Chair Lael Brainard to the White House’s top economic policy position as early as Tuesday, a source familiar …

By Cassandra Garrison and Adriana Barrera MEXICO CITY (Reuters) -Mexico on Monday scrapped a deadline to ban genetically modified corn for animal feed and industrial use amid trade tensions with …

SHANGHAI (Reuters) – BYD, the world’s largest maker of electrified vehicles, plans to invest $1.2 billion to build a new factory for its batteries in China, according to environmental appraisal …

KUALA LUMPUR (Reuters) – Malaysia has no plans to reintroduce a goods and services tax (GST) or any other broad-based consumption tax, Prime Minister Anwar Ibrahim said on Tuesday. The …

By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s economy averted recession but rebounded much less than expected in the fourth quarter as business investment slumped, a sign of the …

By Leika Kihara TOKYO (Reuters) – A soft-spoken academic with a PhD from the Massachusetts Institute of Technology, Kazuo Ueda – Tokyo’s nominee for next Bank of Japan governor – …

By Elaine Lies and John Geddie TOKYO (Reuters) -Once again, three men are set to lead the Bank of Japan (BOJ), underscoring the hurdles women face in reaching leadership positions …

By Richa Naidu LONDON (Reuters) -This Valentine’s Day is set to look different after a year of record food inflation that has sent up prices of everything from flowers to …

TOKYO (Reuters) – Japan’s government nominated academic and former Bank of Japan (BOJ) board member Kazuo Ueda to become the next central bank governor, a document submitted to parliament showed …