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DAVOS, Switzerland – India’s Oil Minister Hardeep Singh Puri told the World Economic Forum in Davos on Tuesday that a crude oil price of $110 a barrel was not sustainable, …

MILAN – Uber Technologies Inc has clinched a deal to integrate its ride-hailing app with Italy’s largest taxi dispatcher as it seeks to boost its presence in the eurozone’s third-largest …

By Bernadette Christina and Fransiska Nangoy (Reuters) – Indonesian President Joko Widodo has agreed to allow palm oil exports to resume after a three-week ban, though it is unclear how …

By Shilpa Jamkhandikar MUMBAI – In southern India, devoted fans worship film and TV stars like gods, erecting huge statues of actors which are bathed in milk as part of …

KYIV – Ukraine’s banking system posted a net loss of 7.4 billion hryvnias ($253 million) in January-April, a rise from 0.16 billion hryvnias in January-March, as Russia pressed on with …

By Byungwook Kim SEOUL – Samsung Group will invest 450 trillion won ($356 billion) in the next five years to accelerate growth in semiconductors, biopharmaceutical and other next-generation technologies, Samsung …

DAVOS, Switzerland – French cosmetics group L’Oreal is not so far seeing any impact from inflation on purchases of beauty products, its chief executive told Reuters on Tuesday. “So far …

By Uditha Jayasinghe COLOMBO -Sri Lanka increased fuel prices on Tuesday, a long-flagged move to mend public finances and combat its debilitating economic crisis, but the hikes are bound to …

By Tim Hepher PARIS -Air France-KLM on Tuesday launched a 2.26-billion-euro ($2.41 billion) share sale to shore up its balance sheet and repay some French state aid as it seeks …

(Reuters) – The Russia-Ukraine crisis and soaring energy prices have nearly halved the confidence of European business leaders in the first half of the year and many corporations have passed …

JERUSALEM -Bezeq Israel Telecom reported a rise in first-quarter net profit, as its Pelephone mobile phone service and Yes satellite TV unit both drew more subscribers. Bezeq, Israel’s largest telecoms …

Berlin – Germany’s 2022 inflation rate will more than double from last year’s 3.1% as already high energy and food prices are pushed up by the war in Ukraine, the …

(Reuters) – Russia’s top carmaker Avtovaz said it will resume production in early June, the RIA Novosti news agency reported on Tuesday, citing the company’s new CEO. The Lada-maker partially …

By Gayatri Suroyo and Fransiska Nangoy JAKARTA – Indonesia’s central bank announced on Tuesday more aggressive hikes in the reserve requirement ratio (RRR) for banks, expecting inflation to rise slightly …

COLUMBUS, OH – A man who walked out of a Georgesville Square Lowes home improvement store with two leaf blowers without paying is being sought by the Columbus Police Department. …

By Sheila Dang (Reuters) -Snap Inc said the economy had worsened faster than expected in the last month and the social media company slashed its quarterly forecast, triggering an after-hours …

By LA BRUSSELS – The 27 members of the European Union should reach a unanimous agreement on the implementation of a global minimum corporate tax by June 17, French Finance …

ZURICH – Swiss engineering group Sulzer has put its Russia business up for sale, joining the exit from the market hit by Western sanctions over Moscow’s invasion of Ukraine. The …

By Jonathan Cable LONDON -Growth in euro zone business activity slowed this month but was still relatively strong despite a cost of living crisis putting a dent in consumer spending …

(Reuters) – Russia’s biggest mobile operator MTS said on Tuesday it has started selling discounted and used smartphones, offering Russian consumers cheaper alternatives as inflation bites and Western brands suspend …

LONDON -Boohoo has reached a final settlement over a U.S. class action claim alleging the British online fashion retailer’s promotions in California misled shoppers, it said on Tuesday. The group, …

By Krystal Hu (Reuters) – U.S. cybersecurity software firm Semperis said it has raised over $200 million in a funding round led by private equity firm KKR & Co Inc …

By Huw Jones LONDON – Britain’s accounting watchdog said on Tuesday it has fined KPMG 3.3 million pounds ($4.16 million) over the company’s audit of aero engine maker Rolls-Royce more …

BERLIN – A sustained rebound in services helped business activity in Germany grow again in May, though there are signs that rising prices, market uncertainty and supply problems are starting …

By Jeffrey Dastin and Dmitry Zhdannikov DAVOS, Switzerland -Palantir Technologies Inc and global commodities trader Trafigura have set sights on a new market, their chief executives told Reuters on Monday: …