Business News

BERLIN (Reuters) -Pressure on the German economy eased further in January as inflation slowed and businesses looked to the new year with optimism, a preliminary survey showed on Tuesday, although …

By Jonathan Cable LONDON (Reuters) -Euro zone business activity made a surprise return to modest growth in January, adding to signs the downturn in the bloc may not be as …

By Alun John and Danilo Masoni MILAN/LONDON (Reuters) – A European recession looked like a no-brainer just a few weeks ago, but that picture has changed dramatically, and investors have …

(Reuters) -U.S. homebuilder D.R. Horton Inc beat estimates for first-quarter profit on Tuesday, helped by higher home prices as demand outpaced supply due to raw material and labor shortages. While …

(Reuters) – Sensor maker Velodyne Lidar Inc said on Tuesday former chairman Michael Dee has resigned from the company’s board, effective immediately. “Dee has previously criticized the board and management …

By Andrea Shalal LUSAKA (Reuters) -U.S. Treasury Secretary Janet Yellen said on Monday on a visit to Zambia it was critically important to restructure its debt, and she believes progress …

By Richa Naidu and Aditya Kalra LONDON/NEW DELHI (Reuters) – Unilever racked up strong sales growth in India last year on the back of sharp prices increases thanks to its …

By Nell Mackenzie LONDON (Reuters) – If the U.S. Congress becomes mired in an argument on whether to raise the debt ceiling, this will hurt the U.S. economy and rattle …

By Andy Bruce LONDON (Reuters) – Britain’s government borrowed more last month than in any December since monthly records began 30 years ago, reflecting the huge cost of energy support …

A look at the day ahead in U.S. and global markets from Mike Dolan. Pumped-up hopes for U.S. tech sector earnings in a heavy week for corporate updates generally have …

By James Davey LONDON (Reuters) -Clothing retailer Primark reported better-than-expected trading over the Christmas quarter as shoppers returned to stores, parent Associated British Foods said on Tuesday, but cautioned economic …

By Daniel Leussink TOKYO (Reuters) -Japanese electric motor maker Nidec Corp slashed its full-year operating profit forecast by nearly half on Tuesday as it faced pressure from weakening demand for …

By David Milliken LONDON (Reuters) -British private-sector economic activity fell at its fastest rate in two years in January, a survey showed on Tuesday, as businesses blamed higher Bank of …

By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesia’s foreign direct investment surged 44.2% on a yearly basis in 2022, with the base metals sector drawing in the biggest …

BERLIN (Reuters) – Germany might not use the full 200 billion euros ($217.50 billion) earmarked for the government’s response to the energy crisis, Finance Minister Christian Lindner said, while ruling …

(This Jan. 18 story has been corrected to say 800 billion, not million euros, in the second paragraph) LONDON (Reuters) – More than a third of European investors plan to …

By John Revill ZURICH (Reuters) – Swatch Group shares hit their highest level in nearly two-and-a-half years on Tuesday after the world’s biggest watchmaker said it expected a recovery in …

BENGALURU (Reuters) -Maruti Suzuki India Ltd beat quarterly profit estimates and reported improved margins on Tuesday as the country’s biggest carmaker benefitted from strong demand for its passenger cars, helped …

By Jorgelina do Rosario and Rachel Savage LONDON/JOHANNESBURG (Reuters) -Loans committed by China’s two main trade policy banks fell to a 13-year low of $3.7 billion in 2021 due to …

PRAGUE (Reuters) – Czech interest rates should rise further “in the short term” to tame inflation and avoid more painful hikes later, the International Monetary Fund has said in the …

BERLIN (Reuters) – German consumer sentiment is set to improve for a fourth consecutive month in February as energy prices fall, a GfK institute survey showed on Tuesday. The institute …

PARIS (Reuters) – Output in the French economy fell slightly overall again in January, a purchasing managers’ survey showed on Tuesday, but manufacturing activity improved for the first time since …

BANGKOK (Reuters) – Thailand received 11.15 million foreign visitors in 2022, a surge from just about 428,000 the previous year when broad pandemic-related travel curbs were in place, tourism ministry …

BANGKOK (Reuters) – Thailand’s customs-based exports contracted for a third successive month in December, by a more than expected 14.6% from a year earlier as global growth slowed, commerce ministry …

By Mimosa Spencer PARIS (Reuters) -The focus of the luxury industry is shifting back to China, with hopes that its high-end spenders will once again splurge on designer goods during …