"business"

By Uditha Jayasinghe COLOMBO -Opposition leaders led a march of hundreds of protesters through Sri Lanka’s main city of Colombo on Tuesday as anger grows over a worsening economic crisis …

NEW DELHI – Representatives of SoftBank Group Corp will step down from the boards of Indian digital payments firm Paytm and the parent of online insurance aggregator Policybazaar, a person …

LONDON – Chinese companies listed in New York fell sharply during premarket trade on Tuesday after surging COVID-19 cases fuelled fears for the world’s second-largest economy and sent mainland firms …

By Iain Withers LONDON -Lloyds Banking Group CEO Charlie Nunn has begun a shake-up of the lender’s top team and internal structure as he looks to implement a strategy unveiled …

By Medha Singh – Bitcoin loves flirting with the mainstream. But now, as the U.S. president says he wants to get serious, it may be getting cold crypto feet. When …

– Russia’s central bank provided banks with all 3 trillion roubles ($26.73 billion) at a one-week repo auction on Tuesday, facing demand of 4.84 trillion roubles, as lending institutions scramble …

By Tetsushi Kajimoto and Leika Kihara TOKYO -Japan will closely watch exchange-rate moves as market stability was “very important,” Finance Minister Shunichi Suzuki said on Tuesday in the wake of …

By Gertrude Chavez-Dreyfuss NEW YORK – Global investors are scooping up stakes in cryptocurrency funds and companies, as they seek exposure to a sector many believe could withstand the fallout …

By Christoph Steitz FRANKFURT – U.S. carmaker Ford on Monday unveiled plans for seven new electric models in Europe, a battery-assembly site in Germany and a nickel cell manufacturing joint …

By Sharon Bernstein – As soon as he learned abortion provider Planned Parenthood wanted to open a new clinic in the central California city of Visalia, resident Rod Greenfield wrote …

By Howard Schneider WASHINGTON – New economic projections from the Federal Reserve this week will show how far and how fast policymakers see interest rates rising this year, in a …

DUBAI – The world’s largest cryptocurrency exchange Binance has been given a crypto-asset service provider licence by Bahrain’s central bank, its first such licence in the Gulf Cooperation Council (GCC), …

– Luxury carmaker Bentley unveiled plans on Tuesday to build a new electric model annually for five years from 2025 after its annual profit skyrocketed, as the British firm builds …

BERLIN – Volkswagen is shifting production to China and the United states as a result of the war in Ukraine and will prioritise China this year, its Chief Executive Herbert …

By Matt Scuffham and David Henry NEW YORK – Several of Wall Street’s biggest banks are planning on keeping a limited presence and holding on to banking licenses in Russia …

LONDON – A section of the Russian Yamal-Europe pipeline resumed eastbound gas delivery to Poland from Germany on Tuesday following normal, westbound supplies earlier in the morning, data from German …

JERUSALEM – Cash strapped Israeli airline El Al said on Tuesday it signed a non-binding deal for a $130 million loan from insurer Phoenix Group. Israel’s flag carrier will pay …

By Brenda Goh and Josh Horwitz SHANGHAI -Manufacturers of everything from flash drives to glass for Apple iPhone screens are warning of shipment delays as they comply with Chinese controls …

By David Milliken LONDON -Britain’s unemployment rate dropped below its pre-pandemic rate in the three months to January while pay rose faster than expected, according to official figures that are …

LONDON – Investors are more concerned about the outlook for global growth than at any time since the financial crisis in 2008, and they have ramped up their cash holdings …

By Anna Ringstrom STOCKHOLM – H&M reported a 23% rise in first quarter sales on Tuesday, which was in line with market expectations, as the world’s second-biggest fashion retailer attempts …

(Corrects company name to Zhongtan Nengtou Tech Co, not Zhongchuang Nengtou Co, in paragraph 5, and clarifies in paragraphs 5 and 6 that not all of the government charges applied …

By Aditya Kalra and Abhirup Roy NEW DELHI – Amazon.com Inc said talks have failed to resolve a bitter dispute over Future Retail stores and accused both it and Reliance …

-Toyota Motor Corp said on Tuesday it would make additional production cuts in March due to a shortage of semiconductor chips, days after the Japanese automaker reduced its domestic production …

BERLIN – Volkswagen CEO Herbert Diess said the full impact of the war in Ukraine was not yet clear and is throwing the German carmaker’s 2022 outlook into question. “Under …