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By Shrutee Sarkar BENGALURU – The European Central Bank will raise its deposit rate in the second half of this year, and not wait until 2023 as previously expected, according …

By Md Manzer Hussain BENGALURU – The Philippine central bank will wait until the end of the year before raising interest rates from a record low 2.0% to support an …

By Leika Kihara and Daniel Leussink TOKYO -Japan’s economy rebounded in the final three months of 2021 as falling coronavirus cases helped prop up consumption, though rising raw material costs …

By Gram Slattery and Marta Nogueira RIO DE JANEIRO – Brazilian mining company Vale SA has dropped a $1.2 billion claim against individuals and entities linked to Israeli-born billionaire Beny …

By Svea Herbst-Bayliss BOSTON -Peloton Interactive Inc’s stock price tumbled more than 50% in the last three months of 2021 but several prominent investment firms were so sure the at-home …

By Mike Stone WASHINGTON -Lockheed Martin’s exit from its planned purchase of engine maker Aerojet Rocketdyne has refocused investors on the compounding list of problems at both companies, as pressure …

DUBAI – Saudi sovereign wealth fund PIF held nearly $56 billion worth of U.S.-listed stocks as of December last year, up from $43.4 billion at the end of September, boosted …

By David Randall NEW YORK – Billionaire Leon Cooperman, hedge fund Lone Pine Capital, and mutual fund manager Polen Capital were among firms that greatly reduced their positions in Facebook-parent …

By Greg Roumeliotis -Intel Corp is close to buying Israeli firm Tower Semiconductor for about $6 billion, a source familiar with the matter said, as the U.S. company looks to …

By Wayne Cole SYDNEY – Australia’s central bank is closer to meeting its economic goals than it has been for years, but is prepared to be patient on policy as …

By Dietrich Knauth – A Johnson & Johnson subsidiary came under attack in court on Monday for attempting to use the bankruptcy process to resolve tens of thousands of claims …

– Air Lease Corp said on Monday it would lease 25 Boeing 737 MAX jets to Malaysia Airlines’ parent to be delivered between early 2023 and 2026 through the lessor’s …

– Berkshire Hathaway Inc said Tom Murphy, the former head of Capital Cities/ABC Inc and longtime friend of Warren Buffett, has resigned from its board of directors after a bout …

By Rod Nickel -The province of Alberta will toughen its greenhouse gas emissions standards for oil sands mines, closing a loophole that rewarded some of Canada’s highest-emitting facilities with millions …

By David Randall, Svea Herbst-Bayliss and Jonathan Stempel – Warren Buffett’s Berkshire Hathaway Inc acquired nearly $1 billion of shares in Activision Blizzard Inc before Microsoft Corp agreed to buy …

By Peter Frontini SAO PAULO – Brazilian holding company Itausa SA on Monday posted a 53% jump in its fourth-quarter recurring profit, mainly helped by gains with lender Itau Unibanco …

WASHINGTON – Spirit Airlines said on Monday it was resuming regular operations after a computer issue forced a temporary halt to airline operations. FlightAware, an airline tracking site, said U.S. …

By Stephen Culp NEW YORK – The S&P 500 index closed modestly lower on Monday, largely recovering from a sharp sell-off, as U.S. plans to close its Kyiv embassy in …

PORTLAND, Ore.—A Portland man is facing federal charges after attempting to open an emergency exit on a commercial airline flight from Salt Lake City, Utah to Portland. Michael Brandon Demarre, …

– Federal investigators have launched a probe into block trading at Wall Street hedge funds and banks including Morgan Stanley and Goldman Sachs Group Inc, the Wall Street Journal reported, …

By Aref Mohammed, Rowena Edwards and Dmitry Zhdannikov BASRA/LONDON – A $27 billion deal between France’s TotalEnergies and Iraq that Baghdad hoped would reverse the exit of oil majors from …

By David Shepardson WASHINGTON -U.S. passenger airlines carried 670.4 million passengers in 2021, up 83% over 2020 levels but still down significantly from pre-coronavirus pandemic levels, the Transportation Department said …

By Svea Herbst-Bayliss BOSTON – Trian Fund Management, the activist investment firm run by Nelson Peltz, said in a regulatory filing on Monday it has slashed holdings in consumer staples …

By Carolina Mandl SAO PAULO – Brazilian state-controlled lender Banco do Brasil SA said in a filing on Monday that its 2022 net income is likely to rise by up …

BRASILIA – Brazilian central bank chief Roberto Campos Neto said markets are showing less concern about the possible victory of ex-president Luiz Inácio Lula da Silva in this year’s presidential …