Business News

By Karen Lema MANILA (Reuters) – The Asian Development Bank cut its growth forecasts for developing Asia for this year and next as the region faces persistent headwinds from the …

By Nina Chestney LONDON (Reuters) – Europe-based renewable energy investor Glennmont Partners plans to enter the U.S. renewables market for the first time via a joint venture with solar developer …

By Alison Frankel (Reuters) – Federal prosecutors and regulators from the U.S. Securities and Exchange Commission and U.S. Commodity Futures Trading Commission all told a similar story on Tuesday about …

WASHINGTON (Reuters) – The U.S. House of Representatives’ Rules Committee will begin the process of funding the federal government for one additional week, the panel’s chair said on Tuesday. Representative …

By David Lawder WASHINGTON (Reuters) -The duty-free access for nearly 40 African countries in a 22-year-old U.S. trade program is no longer enough to boost their development and a focus …

AMSTERDAM (Reuters) -The chief executive of ASML Holding NV, the Dutch semiconductor equipment maker, on Tuesday questioned whether a U.S. push to get the Netherlands to adopt new rules restricting …

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices rose less than expected for a second straight month in November amid decreases in the costs of gasoline and healthcare as …

By Kevin Yao BEIJING (Reuters) -When China’s leaders gather this month to set next year’s economic agenda, they will likely map out more stimulus steps, eager to underpin growth and …

(Reuters) -Microsoft President Brad Smith said on Tuesday the company had offered to sign a legally-binding consent decree with the U.S. Federal Trade Commission to provide “Call of Duty” games …

By Naveen Thukral SINGAPORE (Reuters) – Drought or too much rain, the war in Ukraine and high energy costs look set to curb global farm production again next year, tightening …

By Jorgelina do Rosario LONDON (Reuters) – The executive board of the International Monetary Fund is not expected to formally approve Sri Lanka’s $2.9 billion bailout before year-end, a key …

By Fergal Smith TORONTO (Reuters) – Canada’s main stock edged slightly higher on Tuesday as resource shares gained ground following U.S. inflation data that supported hopes the Federal Reserve could …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Over to you Jay. Wall Street got the benign U.S. inflation report it …

By Rod Nickel and Arathy Somasekhar (Reuters) -Cleanup of the biggest U.S. oil spill in nearly a decade will take at least weeks more, local officials in Kansas said on …

By Lawrence Delevingne (Reuters) -Wall Street stocks gained on Tuesday, while Treasury yields fell and the dollar weakened, as new U.S. government data showed the smallest annual increase in inflation …

By Dan Peleschuk KYIV (Reuters) – Moldova’s new economy minister says he is mapping out long-term reforms and will slash bureaucracy to lay the foundations of a business-friendly economy and …

By David Shepardson (Reuters) – U.S. Senator Joe Manchin, a Democrat who chairs the chamber’s energy panel, asked the Treasury Department on Tuesday not to allow a commercial electric vehicle …

By Shariq Khan NEW YORK (Reuters) – Oil settled over $80 a barrel on Tuesday and recorded its biggest daily gains in over a month, as investors bought up risk …

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar nosedived across the board on Tuesday after data showed U.S. consumer price inflation rose less than expected last month, reinforcing expectations …

By Jane Lanhee Lee, Josh Horwitz and Alexandra Alper OAKLAND, Calif./SHANGHAI/WASHINGTON (Reuters) – China’s largest chip maker SMIC is ramping up production of a decade-old chip technology, key to many …

(Reuters) – Warner Bros Discovery Inc on Tuesday launched its Discovery+ streaming service on Amazon.com’s Prime Video platform in Canada. Prime users can sign up for the ad-free version of …

By David Shepardson and Rajesh Kumar Singh NORTH CHARLESTON, S.C./CHICAGO (Reuters) – United Airlines Inc Chief Executive Scott Kirby on Tuesday said his company is preparing for a “mild” economic …

(Reuters) – Air New Zealand (Air NZ) said on Wednesday it had partnered with four aircraft makers to develop zero-emission demonstrator flights by 2026, using electric, green hydrogen and hybrid …

NASSAU (Reuters) – Former FTX CEO Sam Bankman-Fried’s lawyer on Tuesday requested bail for the one-time crypto magnate after Chief Magistrate JoyAnn Ferguson-Pratt ruled that Bankman-Fried had the right to …

(Refiles to correct GMT time) NASSAU (Reuters) – Former FTX CEO Sam Bankman-Fried’s hearing in a Bahamas magistrate court is adjourned until 2:15 p.m. (1915 GMT) on Tuesday to consider …