Business News

PARIS/TOKYO (Reuters) – French carmaker Renault and its Japanese partner Nissan on Monday agreed to a sweeping reset of their two-decade alliance that will put them on equal footing. The …

By Dhara Ranasinghe and Stefano Rebaudo LONDON (Reuters) – The European Central Bank looks set on Thursday to deliver another large interest rate rise to curb inflation. What it does …

A look at the day ahead in European and global markets from Tom Westbrook Markets are holding their breath for a week where central banks may start to take divergent …

By Howard Schneider, Balazs Koranyi and William Schomberg WASHINGTON/FRANKFURT/LONDON (Reuters) – Top central bankers, who credit the use of a 2% inflation target with anchoring decades of stable prices, are …

By Devayani Sathyan BENGALURU (Reuters) – The Reserve Bank of India is expected to raise its main interest rate by a modest 25 basis points to 6.50% at its meeting …

By Jihoon Lee SEOUL (Reuters) – South Korea’s January export data will likely show an annual fall for a fourth straight month, with the pace of decline accelerating amid persistently …

By Josh Horwitz SHANGHAI (Reuters) – China’s smartphone sales endured a record fall in 2022, tumbling 13% to their lowest level in a decade as COVID controls and a slowing …

By Valerie Insinna and Tim Hepher SEATTLE/PARIS (Reuters) -Boeing’s 747, the original and arguably most aesthetic “Jumbo Jet”, revolutionized air travel only to see its more than five-decade reign as …

TOKYO (Reuters) – Toyota Motor Corp sold 10.5 million vehicles in 2022, it said on Monday, defending its title as the world’s top-selling automaker for a third straight year. Global …

BEIJING (Reuters) – Chinese internet search major Baidu Inc is planning to launch an artificial intelligence (AI) chatbot service similar to OpenAI’s ChatGPT in March, a person familiar with the …

TAIPEI (Reuters) – Taiwan’s export orders likely contracted again in December and at a faster clip than the previous month, a Reuters poll showed on Monday, as global demand for …

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Monday stressed the importance of maintaining ultra-loose monetary policy to support the economy and prod companies to raise wages. “Japan’s …

By Shivam Patel, Aditi Shah and Aditya Kalra NEW DELHI (Reuters) -India’s Gautam Adani, the school drop-out turned billionaire who rose to become Asia’s richest man, faces possibly his biggest …

NEW DELHI (Reuters) -Gautam Adani faces a critical day on Monday with his flagship company’s $2.5 billion share sale’s second day of bidding overshadowed by a $48 billion rout in …

By Nick Carey (Reuters) – Israeli electric vehicle (EV) startup City Transformer aims to launch production of its small urban CT-2 model in Western Europe by the end of 2024 …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. It looks like a quiet start to the week in Asia on Monday, …

(This Jan. 26 story has been updated to correct the name of the subsidiary to Ingka (not IKEA) Investments in paragraph 13.) By Anna Ringstrom and Marie Mannes STOCKHOLM (Reuters) …

VIENNA (Reuters) – A Russian leasing unit of Austrian lender Raiffeisen Bank International is among the companies targeted by sanctions that Ukraine announced overnight, RBI said on Sunday. Ukrainian President …

By Steven Scheer and Maayan Lubell JERUSALEM (Reuters) – Tel Aviv shares fell on Sunday with analysts citing investor jitters over planned judiciary changes by Israel’s hard-right government and after …

BEIJING (Reuters) – China’s central bank said on Sunday it will roll over three lending tools to increase support for targeted sectors of the economy. The People’s Bank of China …

MADRID (Reuters) – Spanish flag carrier Iberia said on Sunday it had solved an IT problem in the airline’s booking and boarding system that disrupted dozens of domestic and international …

(Reuters) – Pakistan’s ministry of finance announced on Sunday petrol and diesel prices would rise by 35 rupees ($0.1400) a litre after the country’s currency value plummeted this week when …

BUDAPEST (Reuters) – Hungary’s January annual inflation is expected to rise above 25% but in February price growth will start slowing which could then allow the central bank to gradually …

MANILA (Reuters) – Philippines President Ferdinand Marcos has approved a value-added tax refund programme for foreign tourists by 2024 to attract more visitors, the Presidential Communications Office (PCO) said on …

By Silvia Aloisi and Mimosa Spencer PARIS (Reuters) – French luxury goods group Kering has appointed Sabato De Sarno, a senior fashion designer at Valentino, as creative director of its …