Financial News

WASHINGTON – The U.S. Trade Representative’s office said on Wednesday it has reinstated 352 expired product exclusions from U.S. “Section 301” tariffs on Chinese imports, well short of the 549 …

By Anthony Esposito ACAPULCO, Mexico -Citigroup’s retail unit in Mexico, known as Citibanamex, has said it hopes to define the terms of its sale in April, amid signs of intensifying …

BEIJING – China’s state planner on Friday cut the number of sectors and industries that are off-limits to both Chinese and foreign investors on its so-called negative list for market …

By Scott Murdoch -China’s JD Logistics priced new shares issued on Friday in a $1.1 billion capital increase at a steep discount to their previous close, triggering a slump in …

By Yoshifumi Takemoto and Kantaro Komiya TOKYO -Core consumer prices in Japan’s capital rose at the fastest pace in more than two years in March, propelled by energy costs that …

MEXICO CITY -Mexico’s central bank on Thursday voted to raise its benchmark interest rate by 50 basis points to 6.5%, a decision that was unexpectedly announced hours ahead of schedule …

BOGOTA – Colombia will receive two loans totalling $830 million from the World Bank to fund COVID-19 pandemic recovery and education efforts, the country’s government and the bank said on …

By Sheila Dang -Meta Platforms Inc will make it easier for brands to run three-dimensional ads on its Facebook and Instagram social media platforms through a new partnership with an …

By Andreas Rinke, Kate Abnett and Jarrett Renshaw BRUSSELS -The European Union and United States are set to unveil a deal on Friday to supply Europe with more U.S. liquefied …

By Caroline Valetkevitch NEW YORK – Major U.S. stock indexes rallied more than 1% on Thursday, extending the market’s recent rebound, as investors snapped up beaten-down shares of chipmakers and …

LONDON – Thirty of the world’s largest financial institutions are undermining their commitment to cutting carbon emissions by lobbying against climate regulation and by funding new fossil fuel projects, according …

-Apple Inc said it has resolved the issues that caused outages to its iMessage service after complaints earlier on Thursday, as the tech behemoth grappled with disruptions to its cloud …

By Praveen Paramasivam – Workers at Hershey Co’s second largest U.S. manufacturing plant voted against unionizing, even as unionization efforts have gained momentum among low-paid workers at large U.S. corporations. …

By Paresh Dave OAKLAND, Calif. – Apple Inc on Thursday told appellate judges that video game maker Epic Games had failed to show any legal error that would justify them …

By Julie Gordon and Fergal Smith OTTAWA – Canadian Prime Minister Justin Trudeau’s surprise political deal with the smaller left-leaning New Democrats will lead to heftier deficits and threatens to …

By Foo Yun Chee BRUSSELS -Alphabet’s Google, Amazon, Apple, Meta and Microsoft may have to change their core business practices in Europe as EU countries and EU lawmakers on Thursday …

By Paul Lienert and Nick Carey – Battery swapping – replacing a depleted battery with a freshly charged one – is not new: The first experiments with exchanging batteries in …

By Nick Carey and Paul Lienert – While swappable batteries are slow-burners in the electric car market, they have been a quick hit for e-scooters and e-bikes, making it easier …

(Removes extraneous word in first paragraph) By Peter Hall MANCHESTER, England – A consortium comprising investors Todd Boehly, Hansjorg Wyss and Jonathan Goldstein has been shortlisted in the auction for …

(Corrects 10-year yield in paragraph 21 to 2.296%, not 2.969%) By Davide Barbuscia and Ira Iosebashvili NEW YORK – A sharp sell-off in U.S. Treasuries has increased concerns about low …

FRANKFURT – The European Central Bank would consider extending its money-printing programme beyond this summer if the euro zone economy fell into a “deep recession” because of the conflict in …

– Moody’s Investors Service (MIS) said on Thursday it intends to withdraw its credit ratings on Russian entities, following similar moves by Fitch and S&P Global Ratings. The rating agency’s …

– New Zealand media firm NZME said on Friday it has signed a letter of intent with Google to outline terms for news content delivery, as the country’s publishers take …

By Jarrett Renshaw and Trevor Hunnicutt BRUSSELS -U.S. President Joe Biden on Thursday said that China knows its economic future is tied to the West, after warning Chinese leader Xi …

By James Pearson and Raphael Satter LONDON/WASHINGTON -Police in Britain have arrested seven people following a series of hacks by the Lapsus$ hacking group which targeted major firms including Okta …