Financial News

By Katie Paul and Munsif Vengattil (Reuters) – Days after the March 9 bombing of a maternity and children’s hospital in the Ukrainian city of Mariupol, comments claiming the attack …

By Asha Sistla (Reuters) – Gold prices slipped in range-bound trading on Monday as surging Treasury yields boosted the dollar and countered fresh concerns about the war in Ukraine, while …

By Caroline Valetkevitch NEW YORK – An aggressive Federal Reserve, soaring inflation and geopolitical uncertainty from the war in Ukraine are muddying the outlook for the upcoming U.S. earnings season, …

By Raphael Satter and Christopher Bing BRUSSELS/WASHINGTON – – Senior officials at the European Commission were targeted last year with spy software designed by an Israeli surveillance firm, according to …

By Timothy Gardner, Julia Payne and Ahmad Ghaddar (Reuters) – The Biden administration is selling a record amount of emergency oil from national reserves to tame soaring U.S. fuel prices …

BERLIN – A shortage of semiconductors is likely to remain a problem for the auto industry into 2023, German carmaker BMW’s Chief Executive Oliver Zipse said in an interview with …

By Akash Sriram (Reuters) – Houston, we have a problem! U.S. rocket companies are facing the daunting task of ferrying hundreds of satellites to space in the coming years as …

BEIJING -China’s factory-gate and consumer prices rose faster than expected in March as Russia’s invasion of Ukraine, persistent supply chain bottlenecks and production snags caused by local COVID flare-ups added …

By Leika Kihara TOKYO -A senior Bank of Japan (BOJ) official on Monday warned that excessive volatility in yen moves could hurt growth, after the currency’s slide below the key …

By David Lawder WASHINGTON -Ukraine’s economic output will likely contract by a staggering 45.1% this year as Russia’s invasion has shuttered businesses, slashed exports and rendered economic activity impossible in …

By Fanny Potkin, Anshuman Daga and Stefanno Sulaiman SINGAPORE/JAKARTA -GoTo is banking for a steady market debut after raising $1.1 billion in a relatively cautious IPO, while a booming local …

By David Shepardson WASHINGTON – JetBlue Airways confirmed on Sunday it plans to cut its summer schedule in a bid to avert flight disruptions as it works to ramp up …

(Refiles to add dropped letter in headline) (Reuters) – Two of the world’s richest people are pitching in ideas to tackle the issue of homelessness, suggesting that Twitter Inc convert …

ZURICH – Austrian specialty steelmaker Voestalpine is in advanced talks to sell a majority stake in its Texas plant, it said on Sunday. “In recent months, voestalpine has been conducting …

By Leika Kihara TOKYO -The Bank of Japan’s rare reappointment of a veteran technocrat behind the country’s massive monetary stimulus positions the bank for an eventual exit from governor Haruhiko …

By Aidan Lewis CAIRO – The European Union may set more ambitious targets for its transition to renewable energy as it seeks alternatives to imports of oil and gas from …

WASHINGTON – Inflation will remain high this year and next even as the Fed moves steadily to lower the pace of price increases, Cleveland Fed president Loretta Mester said Sunday …

By Patrick Werr (Reuters) -Egypt’s annual urban consumer price inflation accelerated in March to 10.5%, its highest in nearly three years and faster than analysts had expected, data from the …

(Reuters) -The Russian government said on Sunday it has increased its reserve fund used for emergency spending by 273.4 billion roubles ($3.52 billion) to ensure economic stability against the backdrop …

FRANKFURT – Russian bank VTB can no longer exercise any control over its European subsidiary in the wake of new sanctions, German regulator BaFin said on Sunday. The European Union …

By Hyonhee Shin and Cynthia Kim SEOUL -South Korea’s incoming President Yoon Suk-yeol on Sunday named Choo Kyung-ho to be deputy prime minister and finance minister, as the country seeks …

HONG KONG – Hong Kong will re-launch its inaugural retail green bond this month as the coronavirus pandemic eases to raise as much as HK$20 billion ($2.55 billion), the city’s …

(Reuters) – Elon Musk, Twitter Inc’s biggest shareholder, on Saturday suggested a raft of changes to the social media giant’s Twitter Blue premium subscription service, including slashing its price, banning …