Financial News

– Germany’s Deutsche Bank AG said on Thursday its U.S. affiliate had increased its prime lending rate by 25 basis points, mirroring moves by major Wall Street banks after the …

By Marcelo Teixeira NEW YORK -At least five vessels are headed toward Russia with nearly 200,000 tonnes of Brazilian raw sugar sold by European traders, according to shipping data seen …

By Chibuike Oguh NEW YORK -Wall Street stocks rebounded from early session losses on Thursday as investors weighed economic implications of the Federal Reserve’s surprisingly aggressive interest rate stance, while …

By Jonathan Stempel NEW YORK – Fox News on Thursday appealed a judge’s decision to let voting systems company Smartmatic pursue a $2.7 billion defamation lawsuit alleging that the network …

By Caroline Valetkevitch NEW YORK – The U.S. dollar fell on Thursday and hit its lowest in a week as investors digested the Federal Reserve’s monetary policy outlook a day …

– Bank of New York Mellon Corp said on Thursday it has paused new banking business in Russia and expects a $100-million revenue impact in the first quarter as it …

SANTIAGO – A union representing workers at BHP’s sprawling Escondida copper mine in Chile, the world’s largest copper mine, on Thursday threatened a work stoppage over what it claims are …

By Rod Nickel – Days ahead of a possible shutdown of Canadian Pacific Railway Ltd due to a labor dispute, manufacturers are rushing to move autos and chemicals, Nutrien Ltd …

-The Russian rouble rose in Moscow trading and was slightly weaker offshore on Thursday, with investors watching Russia-Ukraine peace talks and reports of foreign currency coupon payments on Russia’s sovereign …

By Pete Schroeder WASHINGTON -U.S. Senate Banking Committee Chairman Sherrod Brown and other Senate Democrats have asked government regulators to examine Wells Fargo’s mortgage refinancing policies to ensure they do …

By Megan Davies NEW YORK – Coupon payments on Russian sovereign bonds due this week were received by correspondent bank JPMorgan, processed and the bank then made an onwards credit …

– The television channel of a sanctioned Russian businessman on Thursday said Alphabet Inc’s Google had lost a court appeal against a 2021 ruling that the company pay a compounding …

By David Shepardson WASHINGTON – The U.S. Homeland Security Department said Thursday it was naming the chief executives of General Motors, United Airlines American Airlines, Bank of America, Oracle and …

WASHINGTON -Amazon.com Inc on Thursday said it had closed its $8.5 billion deal to buy MGM, combining the fabled moviemaker behind “Rocky” and James Bond with the online retailing giant …

(Fixes typographical error in headline to make it “raise” instead of “raises”) By Sinead Cruise and Matt Scuffham LONDON/NEW YORK – Russia laid down strict new rules for foreigners seeking …

By Arathy Somasekhar HOUSTON -Oil prices climbed 8% on Thursday, extending a series of wild daily swings, as the market rebounded from several days of losses with a renewed focus …

ROME – Italy’s Pirelli said on Thursday it had halted investments in Russia, excluding those linked to security, and that the activity of its factories in the country would be …

– U.S. homebuilder Lennar Corp on Thursday forecast current-quarter profit above Street estimates, as strong demand for costlier homes continue to buoy its performance amid the supply challenges faced by …

By David Milliken LONDON -Investors scaled back their expectations for future Bank of England interest rate rises this year, sending British bond prices sharply higher, after the BoE hiked again …

By Sruthi Shankar and Shreyashi Sanyal -European stocks gained in choppy trading on Thursday, a day after the Federal Reserve’s widely anticipated U.S. interest rate hike, as investors eyed Russia-Ukraine …

MADRID – A truck drivers’ strike for better working conditions has caused disruption at some supermarkets and certain industries in Spain, with dairy food producers complaining on Thursday of some …

WASHINGTON – Delta Air Lines will raise pay by 4% for nearly all its employees globally effective May 1, according to a company memo seen by Reuters. A company spokeswoman, …

By Rajesh Kumar Singh CHICAGO – Carrier Delta Air Lines Inc will help planemaker Airbus in its effort to develop a hydrogen-powered passenger airplane, the companies said on Thursday. Delta …

By Nivedita Balu and Praveen Paramasivam -Impossible Foods founder Pat Brown will step down as chief executive and hand over the reins to Peter McGuinness, the former chief operating officer …

– Russia’s second-largest state lender VTB, which has been targeted by Western sanctions, said on Thursday it would hand over servicing of foreign securities to other Russian financial companies, the …