Business News

By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka is committed to meeting all its debt repayments and is hoping to complete debt restructuring negotiations in the next six months, the country’s …

By Anant Chandak BENGALURU (Reuters) – Economies in the six-member Gulf Cooperation Council (GCC) will grow this year at half the rate of 2022 as oil revenues take a hit …

A look at the day ahead in European and global markets from Wayne Cole. It’s been another quiet session in Asia with many markets still on holiday. Japan was open …

By Chris Taylor NEW YORK (Reuters) – The holidays are over, but hopefully you took away some lasting memories. Some of them were priceless and others came at a price. …

TOKYO (Reuters) – The head of Suntory Holdings Ltd, Takeshi Niinami, said on Tuesday he expected the next governor of the Bank of Japan (BOJ) to show a clear policy …

By Shubham Batra and Aftab Ahmed (Reuters) – India is likely to peg its nominal gross domestic product (GDP) growth at around 11% in the annual budget next week, marking …

By Hyunjoo Jin and Jody Godoy SAN FRANCISCO (Reuters) -Elon Musk told jurors on Monday he was sure he had locked up financial support from Saudi investors in 2018 to …

SAN SALVADOR (Reuters) – El Salvador has repaid an $800 million bond, Finance Minister Alejandro Zelaya said on Monday, the same day the bond was set to mature, as the …

SEOUL (Reuters) – South Korea plans to scrap a number of regulations in the local stock market within this year to make investment easier for foreign investors, its financial regulator …

MEXICO CITY (Reuters) -The International Monetary Fund’s (IMF) executive board approved $105 million to help Haiti address severe food insecurity, the institution said on Monday, as the Caribbean country faces …

SYDNEY (Reuters) – Australian businesses conditions moderated for a third straight month in December, while price pressures began to ease, pointing to a likely peak in inflation, according to a …

(Reuters) -The U.S. Justice Department is poised to sue Alphabet Inc’s Google as soon as Tuesday regarding its dominance over the digital advertising market, Bloomberg News reported on Monday, citing …

TOKYO (Reuters) – Japan’s manufacturing activity contracted for a third straight month in January as export weakness persisted amid a worsening global outlook, a corporate survey showed on Tuesday. The …

By David Shepardson (Reuters) -More than a dozen relatives of people killed in two Boeing 737 MAX crashes plan to speak Thursday at a federal court arraignment for the planemaker …

By Dietrich Knauth NEW YORK (Reuters) -A lawyer for the bankrupt Genesis Global Capital said on Monday that the cryptocurrency lender had some confidence it could resolve its disputes with …

By Stephen Culp NEW YORK (Reuters) – Wall Street closed sharply higher on Monday, fueled by surging technology stocks as investors began an earnings-heavy week with a renewed enthusiasm for …

(Reuters) -CVS Health Corp said on Monday that David Joyner would return to head the U.S. diversified healthcare company’s pharmacy services and tapped former Cigna Corp executive Amy Bricker as …

By Lisandra Paraguassu BUENOS AIRES (Reuters) -Brazil and Argentina are in early talks to establish a shared unit of value for bilateral trade to reduce reliance on the U.S. dollar, …

(Reuters) – U.S. luxury group Capri Holdings Ltd on Monday named company veteran Cedric Wilmotte as the chief executive officer of its Michael Kors brand. Wilmotte, 48, who will take …

By David Shepardson WASHINGTON (Reuters) -Ticketmaster learned “valuable lessons” when the Taylor Swift concert tickets sale last year was disrupted by record bot traffic, the parent company will tell a …

By Herbert Lash NEW YORK (Reuters) -Global equity markets surged on Monday as easing recession fears and hopes of a less aggressive Federal Reserve buoyed sentiment, while the likelihood of …

By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators on Monday closed a six-year-old investigation into 1.47 million Ford Explorer SUVs over reports of exhaust odors in vehicle compartments and …

(Reuters) -India has committed to help ease the debt burden of its crisis-stricken neighbor Sri Lanka as part of a possible International Monetary Fund-supported program, the IMF said on Monday. …

ALMATY (Reuters) -Several restaurants which used to operate under the McDonald’s brand in Kazakhstan reopened on Monday with no branding to serve fast food under generic names such as “Cheeseburger”, …