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(Add details, analyst comments) By Lucia Mutikani WASHINGTON – Factory activity in New York state slumped in May for the third time this year amid a collapse in new orders …

(Reuters) -Indian conglomerate Adani Group plans to buy Holcim AG’s cement businesses in India for $10.5 billion, its largest-ever acquisition, to become the country’s No. 2 cement manufacturer. Adani Group, …

By Jamie McGeever ORLANDO, Fla. – Being long dollars will no doubt become an overcrowded trade at some point and a reversal will ensue, but for hedge funds right now, …

JOHANNESBURG -South Africa’s central bank said on Monday it had placed Ubank Ltd., a small South African lender primarily offering financial services to families of gold and platinum miners, under …

(Reuters) – ManTech International Corp on Monday agreed to a $3.93 billion all-cash deal with Carlyle Group Inc as the private equity firm strengthens its portfolio of U.S. defense contractors. …

By Sonali Paul MELBOURNE – Chevron Corp’s Gorgon carbon capture and storage (CCS) project in Australia is working at only half its capacity nearly three years after starting up and …

(Reuters) -Goldman Sachs Group Inc is giving partners and managing directors flexible vacation time, according to a memo obtained by Reuters, allowing them to take time off when needed, rather …

(Reuters) – A Soviet-era car brand the “Moskvich” could make a surprise comeback in Russia, as Moscow takes over assets belonging to Renault following the French carmaker’s exit from the …

COLOMBO – Sri Lanka’s prime minister said on Monday the country needed to secure $75 million in foreign exchange in the next few days to pay for essential imports, as …

BRASILIA -Brazil’s government debt as a share of gross domestic product fell to 78.5% in March, the lowest level in almost two years, with improved revenues in states and municipalities …

SAO PAULO – Gol Linhas Aereas Inteligentes SA said on Monday that Chief Operating Officer Celso Ferrer will become the Brazilian airline’s chief executive on July 1, succeeding long-time top …

BOSTON – Proxy advisory firm Institutional Shareholders Services on Monday recommended that McDonald’s Corp shareholders vote for the company’s directors instead of the two candidates activist investor Carl Icahn has …

By Trevor Hunnicutt WASHINGTON – The Biden administration is increasingly feeling it has little control over short-term inflation, officials say, and is looking for ways to offset the political risk …

By Kevin Yao and Ellen Zhang BEIJING -China’s retail and factory activity fell sharply in April as wide COVID-19 lockdowns confined workers and consumers to their homes and severely disrupted …

(Reuters) – J.P. Morgan analysts upgraded the stocks of some Chinese internet companies on Monday and the brokerage expects “significant uncertainties” faced by the sector to abate. China signaled an …

SHENZHEN, China – European businesses in China are awaiting the next wave of disruption from COVID-19 outbreaks and see little chance of improvement until the country increases vaccination rates, the …

LONDON -Barclays said it expects to refile financial statements with U.S. regulators by the end of May, paving the way to resume a 1 billion pound ($1.23 billion) buyback programme …

By Francesco Guarascio BRUSSELS – The European Commission is set to propose on Wednesday a new package of financial aid to Ukraine including new loans to provide immediate liquidity to …

A look at the day ahead in markets from Sujata Rao. With swathes of China spending April under lockdown — 46 cities according to one estimate — it was inevitable …

By Kate Holton LONDON -Shares in Vodafone edged higher on Monday as a surprise $4.4 billion investment from the UAE-based telecoms company e& provided a much needed but possibly short-term …

By Ceyda Caglayan ISTANBUL – Turkish shoe retailer FLO Magazacilik is in talks to buy more than 100 stores owned by fitness brand Reebok in Russia, FLO Chairman Mehmet Ziylan …

(Reuters) -U.S. energy firm Sempra Energy said on Monday it would sell three million tonnes of liquefied natural gas (LNG) each year to Poland’s PGNiG, in another sign of rising …

(Reuters) – Russia’s dominant lender Sberbank said on Monday one of its senior vice presidents had left, the latest executive to resign since Moscow sent troops into Ukraine in February. …

By Ann Saphir (Reuters) – The Senate’s sign-off last week on Jerome Powell’s second term as head of the Federal Reserve leaves the helm of the U.S. central bank in …

PARIS -French retailer Casino said in a statement it had launched a process to sell its renewable energy unit GreenYellow with a view to a potential transaction by the end …