Business News

NEW YORK (Reuters) – A debt ceiling fight is looming in the United States yet again, giving investors another worry for markets this year. The United States will likely hit …

A look at the day ahead in European and global markets from Tom Westbrook The December snowstorms that sent Southwest Airlines and U.S. air travel into chaos last year may …

By Samuel Shen and Georgina Lee SHANGHAI/HONG KONG (Reuters) – Chinese brokerages are in a race to raise billions of dollars in capital to meet regulatory requirements, jumping on a …

By Rocky Swift TOKYO (Reuters) – More than half of big Japanese companies are planning to raise wages this year, according to a Reuters monthly poll, meeting a key request …

By Stella Qiu SYDNEY (Reuters) – The Australian dollar reversed a recent rally on Thursday, as rising fears of a U.S. recession and soft local jobs data knocked the risk-sensitive …

By David Dolan and Daniel Leussink TOKYO (Reuters) -Japan’s top companies are gearing up to offer their biggest wage increases in decades, but there’s no way Hideki Kawada can afford …

By Howard Schneider and Lindsay Dunsmuir (Reuters) -Federal Reserve policymakers on Wednesday signaled they will push on with more interest rate hikes, with several supporting a top policy rate of …

By Wayne Cole SYDNEY (Reuters) -Australia employment unexpectedly dipped in December following an outsized gain the month before in a sign the red-hot labour market might be cooling, though the …

By Tom Hals and Jody Godoy (Reuters) – As Elon Musk prepares to take the stand at a trial to determine whether he misled investors about taking Tesla Inc private …

By Jody Godoy SAN FRANCISCO (Reuters) -Tesla Inc CEO Elon Musk “lied” when he said that funding was “secured” to take the company private, a lawyer for Tesla investors said …

(Reuters) -Amazon.com Inc will cut some jobs in the United States, Canada and Costa Rica by the end of Wednesday as part of its plan to lay off 18,000 employees, …

By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) -Vietnam risks missing a self-established 2025 deadline to complete reforms that would enable it to upgrade its stock market to emerging economy …

(Reuters) -Southwest Airlines Co’s pilot union has called for a strike authorization vote, weeks after a tech meltdown at the carrier left tens of thousands of passengers stranded across the …

By Sinéad Carew and Shreyashi Sanyal (Reuters) – The S&P 500 and the Dow lost almost 2% on Wednesday, their biggest daily drops in more than a month, after weak …

By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) -U.S. Energy Secretary Jennifer Granholm warned Republicans in a letter seen by Reuters on Wednesday that limiting President Joe Biden’s authority to …

By Suban Abdulla LONDON (Reuters) – British house prices registered the most widespread falls in 13 years last month as buyer demand and sales activity weakened more sharply than expected …

By Hyonhee Shin SEOUL (Reuters) – North Korea’s parliament has outlined plans to normalise industrial production and meet its economic goals this year, despite the “worst-ever upheaval” amid the coronavirus …

By Milana Vinn (Reuters) – RSA Security LLC, the former cyber security division of Dell Technologies Inc, is exploring a sale of its risk and compliance software unit Archer for …

DAVOS, Switzerland (Reuters) – Moderna chief executive Stephane Bancel said he would like to have factories making vaccines based on its messenger RNA technology on every continent as the U.S. …

By Daphne Psaledakis, Raphael Satter and Chris Prentice WASHINGTON (Reuters) – U.S. authorities said on Wednesday they have arrested the majority shareholder and cofounder of Hong Kong-registered virtual currency exchange …

(Reuters) – Twitter Inc plans to lay off 50 workers in the social media site’s product division in the coming weeks, news site Insider reported on Wednesday, citing two people …

SAO PAULO (Reuters) – Brazilian bank BTG Pactual obtained a court decision on Wednesday overturning part of Americanas SA’s protection from creditors, according to court documents seen by Reuters, in …

(Reuters) -Bed Bath & Beyond Inc has been in talks with prospective buyers and lenders as the struggling retailer tries to keep its business afloat ahead of a likely bankruptcy …

By Walter Bianchi and Jorgelina do Rosario BUENOS AIRES (Reuters) – Argentina will buy back overseas bonds equivalent to over $1 billion to improve its debt profile, Economy Minister Sergio …

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. Treasuries held by foreigners rose in November for the first time in three months, data from the U.S. Treasury department showed on …