Business News

By Dhara Ranasinghe, Davide Barbuscia and Yoruk Bahceli (Reuters) -Many of the world’s big bond fund managers, from BlackRock to Vanguard, are optimistic that sovereign debt markets have turned a …

By Ankur Banerjee and Harish Sridharan SINGAPORE (Reuters) – Fund managers and investment advisers are returning to battered Asian bond markets, betting on a rebound in 2023, though with a …

By Simon Jessop and Lawrence White LONDON (Reuters) – British investment bank Barclays has increased its sustainable and transition finance target to $1 trillion by 2030 as part of efforts …

BERLIN (Reuters) – Volkswagen’s chief designer Klaus Zyciora is leaving the company and will be replaced by Porsche chief designer Michael Mauer, Volkswagen said on Wednesday. Volkswagen said in a …

By Aftab Ahmed and Nikunj Ohri NEW DELHI (Reuters) – India’s annual wholesale price-based inflation rate (WPI) eased to its lowest in 21 months, signalling that price pressure in Asia’s …

By Muyu Xu SINGAPORE (Reuters) – Road and air traffic in China, the world’s second-biggest oil consumer, has rebounded sharply after a significant easing in the country’s COVID-19 restrictions, boosting …

(Reuters) – U.S. buyout group Carlyle Group is struggling to raise the $22 billion it had targeted as its largest fund, the Financial Times reported on Wednesday. The firm has …

A look at the day ahead in European and global markets from Tom Westbrook A vintage performance from skipper Lionel Messi took the World Cup semi away from Croatia and …

BERLIN (Reuters) – Mercedes-Benz laid out on Wednesday an over 1 billion-euro ($1.06 billion) plan to adapt its global production network for electric powertrain systems – including battery assembly, electric …

(Reuters) – The Biden administration plans to place Chinese chip maker Yangtze Memory Technologies (YMTC) and 35 other Chinese firms on a trade blacklist that would prevent them from buying …

By Lucy Craymer and Alasdair Pal WELLINGTON (Reuters) – New Zealand’s government on Wednesday forecast the country would enter a recession in 2023, even as the budget remained on target …

(Corrects to add central bank as source of forecast in paragraph 6) BANGKOK (Reuters) -Thailand’s rate committee raised its key interest rate late last month and said further monetary tightening …

By Julie Zhu HONG KONG (Reuters) -China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources said, in a major …

By Angus Berwick, John Shiffman and Koh Gui Qing (Reuters) – In mid-2020, FTX’s chief engineer made a secret change to the cryptocurrency exchange’s software. He tweaked the code to …

By Diane Bartz WASHINGTON (Reuters) – U.S. life sciences company Illumina Inc on Tuesday defended its $7.1 billion acquisition of biotech firm Grail Inc , pledging to keep selling its …

By Jack Queen (Reuters) – FTX founder Sam Bankman-Fried’s failure to secure release on bail in the Bahamas on Tuesday increases the likelihood that he will consent to extradition to …

By Marcela Ayres and Lisandra Paraguassu BRASILIA (Reuters) – More of Brazilian President-elect Luiz Inacio Lula da Silva’s economic policy team took shape on Tuesday, with Workers Party (PT) veteran …

MEXICO CITY (Reuters) – A trade panel’s decision under a regional trade pact regarding content requirements for the automotive sector will be published after Jan. 15, Mexico’s economy ministry said …

By Jack Queen and Helen Coster (Reuters) – Fox Corp Chairman Rupert Murdoch is set to be questioned under oath on Tuesday in a defamation lawsuit over his network’s coverage …

WASHINGTON (Reuters) – The U.S. Securities and Exchanges Commission on Tuesday announced charges against the founder of cryptocurrency exchange FTX, Sam Bankman-Fried, accusing him of defrauding investors in what regulators …

By John Kemp LONDON (Reuters) -China’s exit from a coronavirus suppression strategy relying on lockdowns will eventually boost oil consumption by more than 1 million barrels per day (bpd) as …

SYDNEY (Reuters) – Australia’s central bank wants mobile wallet providers to offer least cost routing options for merchants by the end of 2024, under new regulatory powers set to be …

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks rose on Tuesday after a unexpectedly small consumer price increase buoyed optimism that the Federal Reserve could soon dial back its …

By Paresh Dave (Reuters) -Apple Inc is preparing to allow alternative app stores on its iPhones and iPads in the European Union as soon as late next year to comply …

By David Shepardson NORTH CHARLESTON, S.C. (Reuters) -Boeing Commercial Airplanes Chief Executive Stan Deal on Tuesday said the U.S. planemaker will continue to push Congress to pass legislation for the …