Business News

By Mei Mei Chu KUALA LUMPUR (Reuters) – Malaysia said on Thursday it could stop exporting palm oil to the European Union in response to a new EU law aimed …

BERLIN (Reuters) – Germany needs to diversify its international business partners and focus on new regions of the world, the government’s chief economic adviser said, arguing that German companies should …

NEW DELHI (Reuters) – India’s recent coal imports directive to power plants was a precautionary measure as the country is expecting high electricity demand to continue in the coming months, …

By Svea Herbst-Bayliss, Uday Sampath Kumar and Yuvraj Malik NEW YORK (Reuters) -Walt Disney Co and billionaire Nelson Peltz are squaring off for a boardroom battle after the home of …

By Mei Mei Chu KUALA LUMPUR (Reuters) – Malaysia said on Thursday it could stop exporting palm oil to the European Union in response to a new EU law aimed …

BEIJING (Reuters) -China expects to reach annual production capacity of 150 domestically-produced C919 planes in five years, government-backed media The Paper said on Friday. Zhang Yujin, deputy general manager of …

By Yimou Lee and Sarah Wu TAIPEI (Reuters) -Taiwanese chipmaker TSMC warned on Thursday that first-quarter revenue would drop as much as 5% and it would slash annual investment as …

BERLIN (Reuters) – Switzerland’s Six stock exchange on Thursday opened an investigation into Clariant over the possible disclosure of price-sensitive information, following whistleblowers’ allegations that some staff had manipulated accounts. …

(Reuters) -Signify NV, the world’s biggest maker of lights, on Thursday again cut its full-year 2022 profit margin and sales guidance, citing a steeper than expected slowdown in China and …

LONDON (Reuters) -The chief executive of British retailer Tesco, Ken Murphy, said on Thursday that inflation may have not peaked “just yet,” adding that he hoped it would come down …

BERLIN (Reuters) -Mercedes-Benz is set to drop the EQ product brand for battery-electric cars as soon as the next generation of compact cars, set to be on the market from …

By Rocky Swift TOKYO (Reuters) -Japan’s Fast Retailing Co, owner of clothing brand Uniqlo, said on Thursday that first quarter earnings slid 2%, reflecting weakness at home and continuing COVID-19 …

ZURICH (Reuters) -Logitech International on Thursday reported lower earnings and sales between October and December and cut its sales outlook, sending its shares down by almost a fifth in opening …

BERLIN (Reuters) – More than half Germany’s companies are struggling to fill vacancies due to a lack of skilled workers, the German Chambers of Commerce and Industry (DIHK) said on …

By Neil Jerome Morales MANILA (Reuters) – The Philippines’ central bank governor said on Thursday he hoped benchmark interest rates could be cut in 2024, once inflation was under control, …

By Leika Kihara TOKYO (Reuters) -The Bank of Japan on Thursday offered a more optimistic view on the country’s economic health and pointed to growing number of firms planning wage …

By Leika Kihara TOKYO (Reuters) – The Bank of Japan (BOJ) will likely raise its inflation forecasts next week and debate whether further steps are needed to address market distortions …

MOSCOW (Reuters) – A number of KFC franchisees in Russia have asked the government to stop the sale of the Yum! Brands restaurant business to the local operator, the RIA …

By Sonali Paul MELBOURNE (Reuters) – Iron ore magnate Andrew Forrest called on Thursday for an overhaul of a $20 billion-plus project to send solar power from Australia to Singapore, …

SHANGHAI (Reuters) – A growing number of listing applicants on the Beijing Stock Exchange are slashing the floor prices of their planned initial public offerings (IPOs), as the pandemic-hit companies …

By Jihoon Lee SEOUL (Reuters) -South Korea will unveil a range of measures in the coming months to open its domestic financial markets, including plans to extend trading hours on …

BEIJING (Reuters) – China’s annual consumer inflation rate accelerated in December, driven by rising food prices even as domestic demand wavered amid restrained economic activity. Economists expect inflation to continue …

BEIJING (Reuters) – China’s export and imports are expected to have continued to struggle over December, due to the spread of COVID-19 in the country disrupting production lines and waning …

By Wayne Cole SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. The main surprise in Asia was provided by a Yomiuri …

By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s current account surplus logged a surprising surge to mark a record for November, as weakness in the yen drove income gains from portfolio investment …