Business News

By Marcela Ayres BRASILIA (Reuters) -Brazil’s incoming Finance Minister Fernando Haddad on Wednesday said fiscal expansion would not help the economy at the moment and the government needs to organize …

NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday voted in favor of proposing some of the biggest changes to the structure of American equity markets in …

By Lawrence Delevingne (Reuters) -Wall Street stocks dropped on Wednesday, while Treasury yields were flat and the dollar volatile, after the U.S. Federal Reserve announced that it would raise interest …

NEW YORK (Reuters) – The Federal Reserve raised interest rates by half a percentage point on Wednesday and projected at least an additional 75 basis points of increases in borrowing …

(Reuters) – Moscow is working with Venezuela on its possible adoption of Russia’s Mir card payment system, Tass news agency cited Deputy Prime Minister Alexander Novak as saying on Wednesday. …

By Chris Prentice and Moira Warburton NEW YORK/WASHINGTON (Reuters) -U.S. senators on Wednesday pressed Congress to regulate cryptocurrency under existing financial rules, as lawmakers scramble to rein in the troubled …

By Sinéad Carew NEW YORK (Reuters) – The dollar was lower against the yen and the euro on Wednesday after first gaining ground when the U.S. Federal Reserve raised interest …

By Divya Rajagopal TORONTO (Reuters) – As the legal fight between Canada’s competition bureau, Rogers Communications Inc and Shaw Communications Inc draws to a close on Wednesday, anxious investors will …

By Divya Rajagopal and Steve Scherer TORONTO (Reuters) – Canadian financial dealmakers are raising the alarm about Ottawa’s proposal to more closely scrutinize national security implications of foreign acquisitions of …

By David Shepardson WASHINGTON (Reuters) -General Motors said on Wednesday it was recalling 825,000 trucks and SUVs in North America because daytime running lights may not deactivate when the headlights …

By Jared Higgs and Brian Ellsworth NASSAU (Reuters) – Cordoned-off roads, a sweltering courtroom and numerous delays marked Sam Bankman-Fried’s first in-person public appearance since his crypto company collapsed. The …

By Jasper Ward and Brian Ellsworth (Reuters) -Prisoners faced rodents and a lack of toilets in the Bahamas detention center where Sam Bankman-Fried will be held, according to a 2021 …

GUAYAQUIL, Ecuador (Reuters) – Ecuadorian President Guillermo Lasso said on Wednesday that the country is on the verge of closing a free trade agreement with China, a deal that would …

(Reuters) – Citigroup Inc promoted over 100 women to the role of managing director, the highest ever for the bank, according to a memo seen by Reuters. For the bank, …

By Francois Murphy VIENNA (Reuters) – The Austrian Mint, one of the world’s oldest and biggest producers of gold bullion coins, is unable to keep up with demand as people …

By Lucia Mutikani WASHINGTON (Reuters) – U.S. import prices fell for a fifth straight month in November, pulled down by declining costs for petroleum products and a strong dollar, supporting …

By Daniel Wiessner (Reuters) – Business groups have told the Biden administration that its proposal to limit U.S. companies’ use of independent contractors is not in line with federal wage …

NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday voted to amend the Securities Exchange Act to expand disclosures around the trading of company shares by insiders, …

(Reuters) -Moldova plans to sue Russia’s Gazprom for failing to fulfill its obligations under a contract to supply gas, Germany’s Deutsche Welle agency cited a senior official as saying on …

By Jared Higgs, Luc Cohen and Chris Prentice NASSAU, Bahamas/NEW YORK (Reuters) -A Bahamian judge denied FTX founder Sam Bankman-Fried bail on Tuesday, hours after U.S. prosecutors accused the 30-year-old …

(Reuters) – Aircraft leasing firms are suing dozens of insurers for around $8 billion in a string of lawsuits over the loss of hundreds of aircraft stuck in Russia since …

PARIS (Reuters) -French broadcasting authority Arcom on Wednesday urged satellite company Eutelsat to stop carrying three Russian TV channels, whose coverage of the war in Ukraine included “repeated incitement to …

(Reuters) – Twitter said on Wednesday it will discontinue its newsletter product Revue next year, days after owner Elon Musk said he was open to buying rival online publishing platform …

(Reuters) -Chevron Corp is forming a joint venture with Swedish investment and development firm Baseload Capital to develop geothermal projects in the United States, the companies said on Wednesday. Geothermal …