Business News

By Nick Carey and Paul Lienert COVENTRY, England (Reuters) – Developing fully autonomous vehicles (AVs) that can go everywhere has proven harder and more expensive than expected, but investors are …

By Paul Lienert (Reuters) – Michigan-based battery startup Our Next Energy (ONE) on Wednesday said it closed a $300 million Series B funding round that takes the three-year-old company’s valuation …

By Yoruk Bahceli and Chiara Elisei (Reuters) – European borrowers sold a record 280 billion euros ($304 billion) of debt in January, in a jump outpacing U.S. peers, to take …

By Siddhi Nayak and Dharamraj Dhutia MUMBAI (Reuters) – Indian conglomerate Adani Group’s locally listed bonds have resisted the panic selling in the groups’ dollar-denominated debt and domestically listed stocks …

SYDNEY (Reuters) -Australia’s corporate regulator said on Wednesday it will review a short-seller report that has flagged a wide range of concerns about India’s Adani Group. Hindenburg Research, a well …

BERLIN (Reuters) – The United States remained the most important destination for German exports in 2022 for the eighth consecutive year. Exports of goods reached a record 156 billion euros …

A look at the day ahead in European and global markets from Anshuman Daga Global markets face their biggest test so far this year as the Federal Reserve appears poised …

By Anant Chandak BENGALURU (Reuters) – India’s manufacturing industry started the year on a weaker note, expanding at the slowest pace in three months in January as output and sales …

BANGKOK (Reuters) – Thailand’s economy could grow as much as 4% this year, which would be the fastest rate in five years, bolstered by a rebound in the tourism sector …

BEIJING (Reuters) – New home prices in more major Chinese cities extended gains in January, a private survey showed on Wednesday, offering tentative signs of improving market confidence, as a …

JAKARTA (Reuters) – Indonesian President Joko Widodo said the economy is expected to record growth of 5.2%-5.3% for last year. Official 2022 gross domestic product data will be released next …

By Alexandra Alper and David Shepardson WASHINGTON (Reuters) – An American official on Tuesday made the most direct comments by a U.S. authority to date acknowledging the existence of a …

(Reuters) – Brazilian retailer Americanas SA has requested debtor-in-possession financing of at least 1 billion reais ($197.12 million) as part of its bankruptcy process, according to a securities filing Tuesday. …

By Tim Hepher PARIS (Reuters) – British billionaire entrepreneur Richard Branson, who was inspired to start an airline with a single Boeing 747 after getting stuck on a delayed flight, …

MOSCOW (Reuters) – Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship Urals grade held below an international price cap, according to …

By Chibuike Oguh and Tiyashi Datta NEW YORK (Reuters) – Memory chip maker Western Digital Corp said on Tuesday it will receive $900 million through a convertible preferred stock deal …

SAN JOSE (Reuters) – Costa Rica’s economic growth will likely slow this year, according to a central bank forecast released on Tuesday that also estimates faster growth in 2024. The …

By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s jobless rate held just above historic lows and wage inflation hit a three-decade high but there are signs the labour market is …

TOKYO (Reuters) – Japan’s factory activity contracted for a third straight month in January, a private survey showed on Wednesday, although manufacturers’ outlook remained upbeat on improved supply and price …

By Chavi Mehta and Jane Lanhee Lee (Reuters) -U.S. chip maker Advanced Micro Devices Inc on Tuesday posted revenue that beat Wall Street targets and said it expected business to …

By Tim Hepher and David Shepardson PARIS/WASHINGTON (Reuters) -Boeing Co Chief Executive Dave Calhoun pointed toward future increases in narrow-body jet production and voiced hopes that an upcoming visit to …

By Nick Carey LONDON (Reuters) – A consortium including Hydrogen truck startup HVS and supermarket chain Asda said on Wednesday it had been awarded a 6.6 million pound ($8.1 million) …

SEOUL (Reuters) – South Korea’s factory activity contracted for a seventh straight month in January, a business survey showed on Wednesday, amid weak global demand and soaring COVID-19 infections in …

By Lewis Krauskopf, Johann M Cherian and Shreyashi Sanyal NEW YORK (Reuters) – Major U.S. stock indexes closed over 1% higher on Tuesday as labor cost data encouraged investors about …

By Sheila Dang (Reuters) -Snap Inc on Tuesday said current quarter revenue could decline by as much as 10%, sending its shares down 14% as the company struggles with weak …