Business News

By William Schomberg and Sumanta Sen LONDON (Reuters) – The Bank of England must decide next week how much higher it will raise borrowing costs as it tries to bear …

By Nick Carey COVENTRY, England (Reuters) – China’s Geely is planning a big investment to turn the maker of London’s iconic black taxis into a high-volume, all-electric brand with a …

By Huw Jones LONDON (Reuters) – Banks would have to set aside a punitive amount of capital to cover holdings of cryptoassets under a draft law due to be voted …

BERLIN (Reuters) – Germany’s cartel office regulator said on Monday it had initiated proceedings against payment company PayPal Europe over the possibility that it hindered competition. The subject of the …

A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. The U.S. Federal Reserve has entered its black-out period before next week’s meeting, data is thin …

By Jonathan Cable LONDON (Reuters) – The European Central Bank will deliver 50 basis point interest rate rises at each of its next two meetings, according to economists polled by …

(This Jan. 20 story has been corrected to show that consumer confidence fell for the first time in four months, not three, in the first paragraph) By Suban Abdulla LONDON …

By Uditha Jayasinghe COLOMBO (Reuters) – The Central Bank of Sri Lanka (CBSL) is widely expected to hold interest rates steady this week, having raised them last year to their …

MILAN (Reuters) – Shares in Juventus tumbled some 10% on Monday after Italian soccer authorities docked the club 15 points for its transfer dealings, in a blow to its reputation …

By Jan Schwartz HAMBURG (Reuters) -Volkswagen’s energy and charging division is keeping all options open for the long-term structure of the business, including a possible listing, the division’s chief Elke …

By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s finances are becoming increasingly precarious, Finance Minister Shunichi Suzuki warned on Monday, just as markets test whether the central bank can keep interest …

ISTANBUL (Reuters) – Turkey’s consumer confidence index rose 4.6% to 79.1 points in January, official data showed on Monday, increasing again after a month with marked improvements in confidence for …

(Reuters) -The world’s largest economy hitting its debt limit is fraying confidence, just as some of the biggest names in the U.S. corporate landscape get ready to report results. Global …

By Joice Alves LONDON (Reuters) – Europe’s upcoming corporate earnings season is likely to show whether the renewed optimism about the economy that has buoyed equities in recent weeks is …

TOKYO (Reuters) – Japanese automaker Honda Motor Co Ltd and battery maker GS Yuasa Corp on Monday said they will collaborate in the high-capacity, high-output lithium-ion battery business, and plan …

(Reuters) -Airbus said on Monday it was seeking outside investment for its high-altitude surveillance and communications drone programme Zephyr, in a bid to scale the business and accelerate its commercialization. …

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s policy signals don’t seem to convince investors any more, analysts say, whether it is trying to raise …

By Nick Carey and Paul Lienert WOKING, England (Reuters) – The global auto industry has committed $1.2 trillion to developing electric vehicles (EVs), providing a golden opportunity for new suppliers …

By Leika Kihara TOKYO (Reuters) -Government officials who attended the Bank of Japan’s December policy meeting were given a half-hour adjournment to contact their ministries, minutes showed, underscoring the significance …

By Madhumita Gokhale and Sarupya Ganguly BENGALURU (Reuters) – The Indian government is set to tap the brakes on a torrid pace of capital investment growth in the coming fiscal …

By Wayne Cole SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s been a quiet start to the week in Asia …

By Vivek Mishra BENGALURU (Reuters) – The Indian government will borrow a record 16 trillion rupees ($198 billion) in the fiscal year to March 2024, according to a Reuters poll …

(Reuters) – The likelihood that the United States is already in recession or will fall into one this year has dropped over the past three months to 56% from a …

By Mark John and Brenda Goh DAVOS, Switzerland (Reuters) – The year ahead looks better than feared for the global economy but remains fraught with risks including escalation of the …

By Maha El Dahan DAVOS, Switzerland (Reuters) – A different type of energy transition has taken place at this year’s World Economic Forum (WEF) meeting. Unlike 2021’s COP26 climate conference …