Business News

MUMBAI (Reuters) -India’s Adani Group called off its $2.5 billion share sale late on Wednesday, in a dramatic reversal triggered by the ongoing meltdown of its company stock prices. Hindenburg …

By Mehnaz Yasmin (Reuters) – Citigroup Inc’s shares are approaching a potential bullish technical signal which indicates that this year’s 14% rally could continue, even as some analysts remain critical …

NEW DELHI (Reuters) – India’s Adani Enterprises on Wednesday called off its $2.5 billion share sale, citing market conditions, a week after a U.S. short-seller’s critical report unleashed a rout …

MADRID (Reuters) – Fashion giant Zara has started charging shoppers in Spain for returns of online purchases, the company announced on Wednesday, though store returns remain free. Customers now have …

By Vansh Agarwal and Shreyaa Narayanan (Reuters) – Match Group Inc on Wednesday joined a growing list of U.S. companies that are cutting jobs to rein in costs after it …

PARIS (Reuters) – Airbus and Qatar Airways have settled a dispute over the degraded surface of grounded A350 jets, Airbus said on Wednesday, averting a potentially damaging UK court trial. …

By Karen Brettell (Reuters) – The U.S. Treasury Department this week is likely to announce that it will offer fewer Treasury bills in the second quarter, after hitting its statutory …

By Shubham Batra, Nikunj Ohri and Shivangi Acharya NEW DELHI (Reuters) – India announced on Wednesday one of its biggest ever increases in capital spending for the next fiscal year …

By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s inflation is forecast to have increased again in January, pushed up by wage growth and higher food and gasoline prices, a Reuters poll …

By Stephen Nellis (Reuters) – Intel Corp said on Tuesday that it had made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales …

WASHINGTON(Reuters) – U.S. job openings unexpectedly rose in December, showing demand for labor remains strong despite higher interest rates and mounting fears of a recession, potentially keeping the Federal Reserve …

By Lucia Mutikani and Jonathan Cable WASHINGTON/LONDON (Reuters) -Manufacturing activity across the United States, Europe and Asia contracted again last month, underscoring the fragility of the global economic recovery, although …

By Maggie Fick and Natalie Grover (Reuters) – GSK on Wednesday beat fourth-quarter profit and sales forecasts helped by sales of its blockbuster shingles vaccine Shingrix and unveiled an upbeat …

By Michael S. Derby NEW YORK (Reuters) – If the Federal Reserve really wants to move some of the mountain of cash now residing in its overnight reverse repo facility, …

(Reuters) -Russia recorded a slight rise in weekly consumer prices, data showed on Wednesday, a little over a week before the central bank is widely expected to keep interest rates …

By Siddhi Nayak MUMBAI (Reuters) -India could find it challenging to meet the fiscal deficit target of 4.5% of GDP in 2025-26, an analyst at Fitch Ratings said on Wednesday. …

By Luc Cohen NEW YORK (Reuters) -A U.S. judge on Wednesday temporarily barred FTX founder Sam Bankman-Fried from contacting current or former employees of the cryptocurrency exchange or his Alameda …

MEXICO CITY (Reuters) – The Mexican government and some airlines have reached an agreement to move cargo operations to a new airport on the outskirts of Mexico City to ease …

By Khushi Mandowara and Leroy Leo (Reuters) -Humana Inc on Wednesday beat Wall Street estimates for quarterly profit as the health insurer’s investment income jumped, even as the company reported …

By Andreas Rinke, Victoria Waldersee and Ilona Wissenbach BERLIN/FRANKFURT (Reuters) -U.S. chipmaker Wolfspeed will build a $3-billion chip plant and a research and development centre in Germany, it said on …

By Farah Master HONG KONG (Reuters) – Macau posted an 82.5% year-on-year rise in gambling revenue to 11.6 billion patacas ($1.4 billion) in January, after the world’s biggest gambling hub …

WASHINGTON(Reuters) – U.S. construction spending unexpectedly fell in December as investment in single-family homebuilding continued to slump amid higher mortgage rates. The Commerce Department said on Wednesday that construction spending …

By Ludwig Burger BASEL (Reuters) – Novartis on Wednesday predicted that core operating income would grow in a “mid single digit” percentage range in 2023 following stagnation last year, as …

By Sheila Dang and Nivedita Balu (Reuters) – A rise in a key advertising metric for Snap Inc that reported an otherwise insipid quarter could bode well for Facebook owner …

By Rodrigo Campos NEW YORK (Reuters) – Latin America and the Caribbean will face rising poverty and food insecurity in 2023, and trust in government will remain low as long …