Business News

By Wayne Cole SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Push back? What push back? The main theme ahead of …

By Katie Paul and Nivedita Balu (Reuters) -Meta Platforms Inc’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark …

TOKYO (Reuters) – Japan’s Honda Motor Co said it will start producing a new hydrogen fuel cell system jointly developed with General Motors Co this year and gradually step up …

By Tim Hepher PARIS (Reuters) – Airbus and Qatar Airways have settled a dispute over grounded A350 jets, the companies said on Wednesday, averting a potentially damaging UK court trial …

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks jumped on Thursday while the dollar eased after Federal Reserve Chair Jerome Powell said a “disinflationary” process was underway, boosting risk appetite …

(Reuters) – Pinterest Inc is laying off about 150 employees, or less than 5% of its total workforce, Bloomberg News reported on Wednesday, joining a flurry of technology companies that …

By Jihoon Lee SEOUL (Reuters) – South Korean consumer inflation ticked up in January to a three-month high but, driven mostly by temporary effects, left investors still confident that the …

By Jayshree P Upadhyay MUMBAI (Reuters) -India’s market regulator is examining a recent crash in shares of Adani Group and looking into any possible irregularities in a share sale by …

By Joyce Lee and Jane Lanhee Lee SEOUL/SAN FRANCISCO (Reuters) -Samsung Electronics unveiled its latest premium smartphones with a focus on their powerful cameras on Wednesday, in a test of …

(Reuters) – Microsoft Corp on Wednesday rolled out a premium Teams messaging offering powered by ChatGPT to simplify meetings using the AI chatbot that has taken Silicon Valley by a …

By Sinéad Carew and Johann M Cherian (Reuters) – The S&P 500 and the Nasdaq closed sharply higher on Wednesday after Federal Reserve chair Jerome Powell acknowledged that inflation was …

(Reuters) – The International Association of Machinists and Aerospace Workers (IAM) said on Wednesday about 3,000 JetBlue ground workers have voted against union representation. “This campaign has been long and difficult, especially …

By Jayshree P Upadhyay and Chris Thomas BENGALURU (Reuters) – India’s market regulator is examining a rout in the shares of billionaire Gautam Adani’s companies, a source with direct knowledge …

(Reuters) – Boeing Co has been awarded a $1.62 billion U.S. Air Force contract to provide guidance subsystem support for Minuteman III Intercontinental Ballistic Missile, the U.S. Department of Defense …

By Hyunjoo Jin and Jody Godoy (Reuters) -Tesla Inc’s board had no obligation to review CEO Elon Musk’s 2018 tweets announcing a bid to take the electric car maker private, …

WINNIPEG, Manitoba (Reuters) – The United States on Tuesday said it was seeking a second trade dispute settlement panel over Canada’s dairy import quotas, accusing Canada of not meeting obligations …

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve said on Wednesday it had turned a key corner in the fight against high inflation, but that “victory” would …

By Alexandra Alper WASHINGTON (Reuters) – U.S. investors including the investment arms of Intel Corp and Qualcomm Inc accounted for nearly a fifth of investments in Chinese artificial intelligence companies …

By Nichola Groom (Reuters) -President Joe Biden’s administration said on Wednesday it would support a scaled-back version of ConocoPhillips’ planned $6 billion Willow oil and gas drilling project in Alaska …

By Gabriel Araujo (Reuters) -Peru’s consumer prices rose less than expected in January despite the impact of growing political tensions, but the 12-month rate ticked up as the Andean nation …

By Stephen Culp (Reuters) – A look at the day ahead in markets from Stephen Culp, New York stock market reporter. Asian markets are set for an upbeat Thursday as …

By Aditya Kalra, Jayshree P Upadhyay and Aditi Shah NEW DELHI (Reuters) -Gautam Adani’s flagship firm called off its $2.5 billion share sale in a dramatic reversal on Wednesday as …

(Reuters) -MetLife Inc reported a 33% drop in fourth-quarter adjusted profit on Wednesday as a global market rout hurt the U.S. insurer’s investment returns. Lower private equity returns sent MetLife’s …

By Douglas Gillison and David Shepardson WASHINGTON (Reuters) -President Joe Biden on Wednesday unveiled fresh efforts to slash credit card late fees and drive down the prices that Apple Inc …

By Anirban Sen (Reuters) – AMC Entertainment Holdings Inc, the movie theater operator that became a “meme stock” during the COVID-19 pandemic, has come up with an unusual way to …