Business News

(Reuters) – Nornickel boss Vladimir Potanin, one of Russia’s richest men, said on Monday that the metals giant was reworking its strategy and building closer ties with countries such as …

(Reuters) – Spotify Technology is planning layoffs as soon as this week to cut costs, Bloomberg News reported on Sunday, joining the likes of Alphabet Inc, Amazon.com Inc, Microsoft Corp …

By Lisandra Paraguassu BUENOS AIRES (Reuters) – Brazil and Argentina aim for greater economic integration, including the development of a common currency, Brazilian President Luiz Inacio Lula da Silva and …

By Devayani Sathyan BENGALURU (Reuters) – Thailand’s central bank is expected to raise interest rates by 25 basis points on Wednesday to curb elevated inflation and further hikes are likely …

MELBOURNE (Reuters) – Australian diversified miner South32 Ltd on Monday reported production of key commodities that largely met expectations but noted that shipping snarls had led to an inventory buildup, …

By Steve Scherer OTTAWA (Reuters) – The Bank of Canada will offer minutes from its policy-setting meeting this week for the first time in its history, a move some analysts …

FRANKFURT (Reuters) -The Bayer investor Union Investment criticized Bayer’s chair for a lack of engagement, such as exploring a spin-off of the company’s consumer health division, according to an interview …

AMSTERDAM (Reuters) -The European Central Bank (ECB) is set to raise interest rates by 50 basis points in both February and March and will continue to raise rates in the …

By Tetsushi Kajimoto TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida said on Sunday he would nominate a new Bank of Japan governor next month, as markets test whether the …

(Reuters) – Members of two local unions at CNH Industrial NV factories in Wisconsin and Iowa reached an agreement over a new labor contract on Saturday, ending a strike that …

BERLIN (Reuters) – Germany must reduce its dependence on China gradually as decoupling from the Chinese market would costs jobs in Europe’s biggest economy, Finance Minister Christian Lindner was quoted …

By Andrea Shalal DAKAR (Reuters) – Western countries are working to structure price caps on Russian refined petroleum products to ensure continued flow of Russian diesel, but the markets are …

DAKAR (Reuters) – U.S. Treasury Secretary Janet Yellen on Saturday underscored the urgent need to reduce the debt burden of heavily indebted countries, warning that failure to do so would …

(Reuters) – Twitter owner Elon Musk tweeted on Saturday that a higher priced subscription of the social media platform will not carry advertisements. The billionaire also said that ads are …

DUBAI (Reuters) – Iran’s troubled currency fell to a record low against the U.S. dollar on Saturday amid the country’s increasing isolation and possible Europe Union sanctions against Tehran’s Revolutionary …

FRANKFURT (Reuters) – U.S. power chip maker Wolfspeed Inc is planning to build a factory in Germany for more than 2 billion euros ($2.17 billion), Handelsblatt reported on Saturday. The …

By Sriram Mani MUMBAI (Reuters) – India’s Adani Group, which is controlled by billionaire Gautam Adani, said it plans to spin off more businesses by 2028 and dismisses any debt …

(Removes extraneous word in para 3) (Reuters) – Bitcoin rose 2.3% to $23,199 at 10:07 GMT on Saturday, adding $521 to its previous close. Bitcoin, the world’s biggest and best-known …

(Reuters) – Twitter Inc has about 2,300 active employees, Elon Musk said in a Tweet on Saturday. CNBC on Friday reported that Twitter’s full-time headcount has reduced to about 1,300 …

By Jody Godoy SAN FRANCISCO (Reuters) -Elon Musk, Tesla Inc’s chief executive, testified on Friday that investors do not always react to his Twitter messages as he expects, defending himself …

(Reuters) -Juul Labs Inc on Friday secured preliminary court approval of a $255 million settlement resolving claims by consumers that it deceptively marketed e-cigarettes, as the company seeks to resolve …

By David Shepardson WASHINGTON (Reuters) -Amazon.com Inc’s cloud services division said Friday it plans to invest another $35 billion by 2040 to expand data centers in Virginia. Amazon Web Services …

By David Shepardson WASHINGTON (Reuters) -General Motors Co and LG Energy Solution do not plan to move forward with a fourth U.S. battery cell manufacturing plant, two sources told Reuters …

By Lucia Mutikani WASHINGTON (Reuters) – U.S. existing home sales plunged to a 12-year low in December, but declining mortgage rates raised cautious hope that the embattled housing market could …

By Dietrich Knauth (Reuters) – Federal prosecutors have seized nearly $700 million in assets from FTX founder Sam Bankman-Fried in January, largely in the form of Robinhood stock, according to …