Business News

(Reuters) -Private equity giant KKR & Co will buy S&P Global’s engineering solutions business for $975 million, the financial services provider said on Tuesday. The move comes months after S&P …

By Lananh Nguyen and Simon Jessop DAVOS, Switzerland (Reuters) – BlackRock, the world’s biggest asset manager, lost around $4 billion in assets under management as a result of a political …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The waiting is almost over. The Bank of Japan (BOJ) on Wednesday delivers …

By Dawn Chmielewski LOS ANGELES (Reuters) – Walt Disney Co on Tuesday defended its decision to deny Nelson Peltz a board seat, saying the activist investor “lacked the skills and …

By David Shepardson WASHINGTON (Reuters) – The U.S. Transportation Department (USDOT) said Tuesday it had fined Virgin Atlantic $1.05 million for flying in restricted airspace over Iraq on numerous occasions. …

(Reuters) – Carvana Co has adopted a “poison pill” to limit shareholders from raising their stakes and has reached an agreement to sell up to $4 billion of auto loans, …

(Reuters) -Twitter Inc has secured a ruling allowing the social media company to force several laid-off workers suing over their termination to pursue their claims via individual arbitration than a …

By David Shepardson WASHINGTON (Reuters) – A group representing major U.S. airlines said Tuesday it does not foresee a return of significant international passenger air travel demand from either China …

By Gabriel Araujo and Tatiana Bautzer SAO PAULO (Reuters) – Fitch Ratings downgraded Americanas SA’s long-term foreign currency and local currency ratings into junk territory on Tuesday following the announcement …

WASHINGTON (Reuters) – The stopping point for Federal Reserve interest rate increases will depend on the path of inflation, Richmond Federal Reserve Bank President Tom Barkin said on Tuesday. “We …

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell against most major currencies on Tuesday in choppy trading, weighed down by expectations of a possible policy shift at the …

By Marc Frank HAVANA (Reuters) – Cuba’s state-run media has created a stir among economists, diplomats and creditors by publishing an estimate of the Communist-run island’s international reserves, an elusive …

By Laura Sanicola (Reuters) -Oil prices settled higher on Tuesday in choppy trading after China posted weak but expectation-beating annual economic growth data and on hopes that a recent shift …

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York leader John Williams said on Tuesday that the economy does better when everyone gets a shot …

By Niket Nishant, Noor Zainab Hussain and Saeed Azhar (Reuters) – Goldman Sachs Group Inc on Tuesday reported a bigger-than-expected 69% drop in fourth-quarter profit as it struggled with a …

WELLINGTON (Reuters) – New Zealand house prices fell in December on the prior month as interest rates rose and more difficulty accessing bank finance contributed to continued hesitancy in the …

By Andrew Chung and John Kruzel WASHINGTON (Reuters) -U.S. Supreme Court justices on Tuesday grappled with thorny questions of sovereign immunity as they weighed a bid by Turkey’s state-owned lender …

By Jane Lanhee Lee and Hakan Ersen HALF MOON BAY, Calif/FRANKFURT (Reuters) – U.S. chip giant Intel Corp is committed to building its chip fabrication plant, or fab, in Magdeburg, …

(Reuters) – The U.S. Office of the Comptroller of the Currency (OCC) is weighing how it might provide more transparency into the escalation framework it uses to address supervisory concerns …

By Manasi Pathak (Reuters) – Jim Ratcliffe’s company INEOS has formally entered the bidding process to buy Premier League soccer club Manchester United, a spokesperson for the chemical firm said …

By Nivedita Balu (Reuters) – Apple Inc on Tuesday unveiled MacBooks powered by its new and faster M2 Pro and M2 Max chips in a surprise launch weeks ahead of …

By Eva Mathews (Reuters) – Netflix Inc is expected to report its slowest quarterly revenue growth on Thursday as its ad-supported plan struggles to attract customers in the saturating U.S. …

By Nathan Gomes, Priyamvada C and David Carnevali (Reuters) – U.S. engineering and industrial software company Emerson Electric Co on Tuesday disclosed a nearly $7 billion offer for National Instruments …

(Reuters) – Passive products from BlackRock Inc, Vanguard Group and others were rare cash recipients last year as U.S. mutual and exchange-traded funds suffered $370 billion in net withdrawals, their …

By Svea Herbst-Bayliss (Reuters) -Billionaire investor Ryan Cohen has built a stake in China’s Alibaba Group worth hundreds of millions of dollars and is pushing the e-commerce giant to increase …