Business News

SHANGHAI (Reuters) – China’s move this week to streamline stock market listing rules is unlikely to result in a flood of initial public offerings, bankers say, citing the prospect of …

By James Pearson and Danilo Masoni LONDON/MILAN (Reuters) -A ransomware attack that hit ION Trading UK could take days to fix, leaving scores of brokers unable to process derivatives trades, …

BEIJING (Reuters) – Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing’s zero-COVID protocols, with a survey by a leading …

(Reuters) – Twitter will start sharing revenue from advertisements with some of its content creators, Chief Executive Elon Musk said on Friday. Effective Friday, revenue from ads that appear on …

By Foo Yun Chee BRUSSELS (Reuters) – Intel could face yet another EU antitrust fine despite winning its court fight last year against a 1.06 billion euro ($1.2 billion) penalty …

By Sarita Chaganti Singh, Aditya Kalra and Shivam Patel NEW DELHI (Reuters) – Financial contagion fears spread in India on Friday as the Adani Group’s crisis worsened, with ratings agency …

By Ben Klayman and Stephen Nellis DETROIT/SAN FRANCISCO (Reuters) – Ford Motor Co’s disappointing quarterly results underscored that disruptions caused by the global semiconductor shortage are still bedeviling automakers, but …

By Foo Yun Chee BRUSSELS (Reuters) – Oreo maker Mondelez has set aside 300 million euros ($326 million) to resolve an EU antitrust investigation into whether it blocked cross-border sales …

(Reuters) – Disappointing earnings from Apple Inc, Alphabet Inc and Amazon.com on Thursday renewed concerns of a slowdown in demand as consumers and businesses remain cautious about spending amid rising …

By Caroline Valetkevitch and Herbert Lash (Reuters) – Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message from their earnings on Thursday: not so …

TOKYO (Reuters) – Toyota Motor Corp will launch two higher-end luxury vehicles in Japan during the next financial year as it seeks to capture a larger share of the luxury …

By A. Ananthalakshmi and Rozanna Latiff KUALA LUMPUR (Reuters) – U.S. customs authorities on Friday lifted a two-year import ban on palm oil products made by Malaysia’s Sime Darby Plantation, …

(Reuters) – The U.S. Securities and Exchange Commission may soften a proposed rule governing corporate disclosure of climate-related costs as a result of industry push-back, the Wall Street Journal reported …

WASHINGTON (Reuters) – U.S. services industry activity rebounded strongly in January, with new orders recovering and prices paid by businesses for materials continuing to rise at a moderate pace, hopeful …

(Reuters) – Energy firms are using a chunk of their bumper quarterly profits from surging natural gas and fuel prices to reward shareholders with higher dividends and share buybacks. The …

By Uditha Jayasinghe and Jorgelina do Rosario (Reuters) – A group of overseas private creditors is ready to hold debt restructuring talks with Sri Lanka consistent with the International Monetary …

By Jeffrey Dastin (Reuters) – Big Tech companies have a new obsession: artificial intelligence. This week, chief executives across the sector packed earnings calls with mentions of the heavily hyped …

NEW YORK (Reuters) – U.S. job growth accelerated sharply in January amid a persistently resilient labor market, but a further moderation in wage gains should give the Federal Reserve some …

FRANKFURT/DUESSELDORF (Reuters) -A top-20 Thyssenkrupp shareholder called on Friday for the rapid disposal of the German group’s warship and submarine business, saying its risks outweighed any potential benefits. Thyssenkrupp is …

SAO PAULO (Reuters) -Industrial production in Brazil ended 2022 with a 0.7% drop on the previous year, government statistics agency IBGE said on Friday, losing some of the gains the …

LONDON (Reuters) -Investors showed “no inflation fear” in the run-up to this month’s key central bank meetings, ploughing money into bonds and stocks in the week to Wednesday, a report …

(Reuters) – U.S. bond funds drew money inflows for a fourth straight week in the seven days to Feb. 1, on hopes of slowing rate hikes, with its economy grappling …

(Reuters) -Regeneron Pharmaceuticals Inc reported a better-than-expected fourth-quarter profit on Friday, as strong demand for eczema drug Dupixent helped shield a drop in U.S. sales of its blockbuster eye drug, Eylea. …

By Lefteris Papadimas ATHENS (Reuters) – Greece will have to wait until after parliamentary elections this year to win back its long-awaited investment grade rating, and it will only do …

(Reuters) -Exchange operator Cboe Global Markets Inc beat fourth-quarter profit estimates on Friday, driven by heavy trading volumes from investors reworking their portfolios to hedge against risks from the market …