Business News

By Chibuike Oguh (Reuters) -Carlyle Group has hired Harvey Schwartz, a former Goldman Sachs executive, as its next chief executive officer, a person familiar with the matter told Reuters on …

By Gilles Guillaume and Nick Carey LONDON (Reuters) – Nissan and Renault on Monday are set to unveil details of their redesigned alliance and answer questions about Renault’s electric vehicle …

SYDNEY (Reuters) – Australian retail sales volumes fell for the first time in a year last quarter as shoppers trimmed spending on goods, a sign higher borrowing costs are finally …

(Reuters) -China’s finance minister and its central bank governor will attend a roundtable with other creditors and some borrowing countries in February in India, IMF Managing Director Kristalina Georgieva said …

By Kevin Yao BEIJING (Reuters) -China’s policymakers plan to show more support for domestic demand this year but are likely to stop short of splashing out big on direct consumer …

By Iain Withers LONDON (Reuters) – Proposals to reimburse hundreds of millions of pounds to scam victims in Britain are “fundamentally flawed” and are taking too long to come into …

By Leika Kihara (Reuters) – Japan’s government is intensifying its search for a successor to central bank governor Haruhiko Kuroda, a choice that will affect how soon the Bank of …

By Leika Kihara TOKYO (Reuters) – Japan’s government is intensifying its search for a successor to central bank governor Haruhiko Kuroda, a choice that will affect how soon the Bank …

(Reuters) – Commonwealth Bank of Australia said on Monday it will simplify its financial reporting in upcoming half-year fiscal results to reflect the sale of its wealth management business last …

(Reuters) – The UK Treasury has signaled that there is no money for defense despite recognizing the urgent need to rearm in the wake of Russia’s war in Ukraine, Sky …

LONDON (Reuters) – Renault’s board voted in favour on Sunday to reshape the French carmaker’s alliance with its Japanese partner Nissan, a source said. The agreement, which will retool the …

ABSECON, NJ – Police are trying to figure out why a man entered a Shoprite supermarket at the Jersey Shore and stabbed an employee. According to the Absecon Police Department, …

By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK (Reuters) -U.S. stock bulls are taking heart from a range of market signals pointing to an upbeat year for Wall Street, …

TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker and major iPhone assembler for Apple Inc, said on Sunday its revenue in January jumped 48.2% year-on-year, as it shook …

TOKYO (Reuters) – Japanese Deputy Chief Cabinet Secretary Seiji Kihara on Sunday stressed the need to achieve an economy where inflation rises stably and sustainably, when asked whether the next …

(Reuters) – SpaceX may attempt a Starship rocket system launch in March, its billionaire chief Elon Musk said in a tweet on Saturday. “If remaining tests go well, we will …

FRANKFURT (Reuters) – Lufthansa and Air France-KLM are circling collapsed UK regional airline Flybe to try to obtain its take-off and landing slots at London’s Heathrow Airport, Britain’s Telegraph newspaper …

LONDON (Reuters) -The Bank of England (BoE) and Britain’s finance ministry think the UK is likely to need to create a central bank digital currency (CBDC) later this decade, the …

PARIS (Reuters) – France and Germany’s economy ministers will tell senior U.S. officials not to try to actively poach green investments from Europe when they visit Washington next week to …

By Valentina Za and Andrea Mandala MILAN (Reuters) -The European Central Bank (ECB) can take a cautious approach to raising interest rates given that short-term inflation expectations have dropped sharply …

MUMBAI (Reuters) -India’s market regulator moved to calm investor concerns on Saturday, saying that its financial markets remain stable and continue to function in a transparent and efficient manner, despite …

By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka is completing the pre-requisites to unlock a $2.9 billion bailout from the International Monetary Fund (IMF) and expects rapid approval from the global …

By Jody Godoy and Hyunjoo Jin SAN FRANCISCO (Reuters) -A U.S. jury on Friday found Tesla Inc CEO Elon Musk and his company were not liable for misleading investors when …

By Kylie Madry SAN LUIS POTOSI, Mexico (Reuters) -German automaker BMW will invest 800 million euros ($866 million) in the central Mexican state of San Luis Potosi to produce high-voltage …