Business News

SHANGHAI (Reuters) – Chinese artificial intelligence stocks are the latest rage in mainland markets as the global frenzy around the Microsoft-backed ChatGPT chatbot spurs speculative bets on the revolutionary computing …

By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Emerging market bond and equity funds received heavy inflows in January after a dry patch last year, aided by China’s reopening and …

TOKYO (Reuters) -Japanese video game maker Nintendo Co Ltd said on Tuesday it plans to lift workers’ base pay by 10% even though a firmer yen forced it to trim …

NAIROBI (Reuters) – Kenya’s finance ministry has tweaked its spending and budget deficit estimates for the current fiscal year that ends in June to show a slight increase in overall …

FRANKFURT (Reuters) – Plans by the European Union to loosen state aid rules in order to boost local industry and compete with U.S. support schemes tackle the right issues but …

By Jamie Freed and Allison Lampert (Reuters) -Europe’s aviation regulator has ruled out an industry push to allow planes to be crewed by just pilot by 2030 but said it …

(Reuters) – South African petrochemical group Sasol said on Tuesday it expects its half-year profit to double, driven by strong oil prices and despite operational challenges in its domestic unit. …

MELBOURNE (Reuters) – Barrick Gold has ruled out a counterbid for number-one Australian gold producer Newcrest Mining, its chief executive told Bloomberg, eliminating what had seemed to be the most …

(Reuters) – Australia and New Zealand Banking Group said on Tuesday it would raise its Australian variable home loan rates by 25 basis points (bps), passing on the central bank’s …

A look at the day ahead in European and global markets from Ankur Banerjee Investors are just about coming to terms with the eye-popping payrolls number from Friday, but with …

By Stella Qiu SYDNEY (Reuters) -Australia’s central bank raised its cash rate 25 basis points to a decade-high of 3.35% on Tuesday and reiterated that further increases would be needed, …

By Chris Taylor NEW YORK (Reuters) – Look at the waves of layoffs happening across America right now, and you are probably pondering something you have not had to think …

By Marc Jones LONDON (Reuters) – Central banks face mounting losses on the trillions of dollars of bonds they bought in the past 15 years of rolling crises, a paper …

By Emma-Victoria Farr, Patricia Weiss and Oliver Hirt FRANKFURT (Reuters) -Bayer investor Jeff Ubben has contacted fellow shareholders in the German group, investors and sources familiar with the matter told …

BANGKOK (Reuters) – Thailand’s exports are likely to grow 1% to 2% this year, unchanged from a previous forecast, due to slowing global demand, the country’s shippers’ council said on …

BOGOTA (Reuters) – Colombia’s government on Monday presented a $247.1 billion four-year development plan to the country’s lawmakers, laying out details of its projected social and economic investments. The so-called …

SINGAPORE (Reuters) -India’s Adani group of companies, which in recent weeks has seen a brutal selloff in its bonds and shares after being targetted by a U.S. short-seller, is still …

By Tetsushi Kajimoto TOKYO (Reuters) – Japan confirmed on Tuesday that it made record interventions in the foreign exchange market in October, selling the dollar worth 6.35 trillion yen ($48 …

(Reuters) – The New York Stock Exchange (NYSE) on Monday said it plans to reimburse investors who incurred losses due to a trading glitch last month that caused widespread confusion …

By David Shepardson WASHINGTON (Reuters) -Boeing Co expects to cut about 2,000 white-collar jobs this year in finance and human resources through a combination of attrition and layoffs, the U.S. …

By Yoshifumi Takemoto TOKYO (Reuters) – Japan’s government is considering presenting to parliament its nominees for next Bank of Japan (BOJ) governor and two deputy governors sometime next week, three …

SAO PAULO (Reuters) -An heir of Lebanese-Brazilian billionaire banker Joseph Safra has sued his mother and two siblings amid a dispute over the fortune of his late father, according to …

(Reuters) – Walt Disney Co said on Monday it had set its annual shareholder meeting on April 3, with a focus on activist investor Nelson Peltz’s bid seeking a seat …

(Reuters) -CVS Health Corp is close to an agreement to buy primary care center operator Oak Street Health Inc for about $10.5 billion including debt, the Wall Street Journal reported …

By Alison Frankel (Reuters) – Madison Square Garden Entertainment Corp does not want New York’s liquor licensing agency to see sworn testimony from its chairman and CEO James Dolan as …