"business"

LONDON -A key money market indicator is now pricing U.S. interest rates peaking at a higher level than previously forecast, as traders bet that the Federal Reserve will prioritise stamping …

A look at the day ahead in markets from Sujata Rao It was exactly two years ago on March 15 2020 that the U.S. Federal Reserve, in the words of …

PARIS – French government spokesman Gabriel Attal said on Tuesday it was paramount that French companies respect sanctions against Russia decided by the European Union and that oil giant TotalEnergies …

By Stella Qiu and Norihiko Shirouzu BEIJING -A Boeing 737 MAX jet that took off from Seattle on Monday is en route to the manufacturer’s completion plant in China, two …

NEW DELHI – Talks between Amazon.com Inc and India’s Future Retail aimed at resolving a long-running dispute over whether Future’s retail assets can be sold to Reliance Industries have failed, …

By Satoshi Sugiyama and Maki Shiraki TOKYO – A decade after Mazda Motor’s cars disappeared from Ford Motor’s factory floors in Michigan, the Japanese automaker is once again building in …

BERLIN – The Volkswagen Group achieved a 16% market share in China in 2021 and the VW brand returned to profit in North and South America, the German carmaker said …

MANILA – The impact of the Russia-Ukraine conflict on the Philippine economy is expected to be temporary, Economic Planning Secretary Karl Chua told a media briefing on Tuesday. “We have …

By Kevin Yao and Stella Qiu BEIJING -China’s economy perked up in the first two months of 2022, with key indicators all exceeding analysts’ expectations, although a surge in Omicron …

By Davide Barbuscia NEW YORK – Wild swings in asset prices following Russia’s invasion of Ukraine are prompting some investors to pare risk in their portfolios, fearing that the type …

By Aditi Shah NEW DELHI – Indian refining giant Reliance Industries has acquired the assets of battery maker Lithium Werks for $61 million, its second such deal in less than …

SHANGHAI -China’s central bank kept some of its policy rates unchanged in a liquidity operation on Tuesday, dashing expectations for a cut, although investors believe policymakers may resume monetary easing …

By Leika Kihara TOKYO – The Bank of Japan is set to keep monetary policy ultra-loose on Friday and warn of heightening economic risks from the Ukraine crisis, unfazed by …

TRENTON, NJ – New Jersey residents are growing tired of Governor Phil Murphy, even after he narrowly won his bid for re-election last November. For the first time in his …

– The Russian Finance Ministry said on Monday it has sent an order to a correspondent bank for the payment of coupons on eurobonds amounting to $117.2 million, a signal …

BEIJING – China has seen increasing positive changes in its economic performance backed up by surprisingly good economic data, but the impacts of the latest COVID-19 resurgence need to be …

By Wayne Cole SYDNEY – Australia’s central bank remains prepared to be patient on raising interest rates as it waits for wage growth to pick up, though it warned a …

By Jonathan Cable LONDON – The Bank of England is almost certain to increase borrowing costs on Thursday, nearly all economists polled by Reuters said, marking the third consecutive meeting …

By David Lawder WASHINGTON – A default on Russia’s sovereign debt would add further pain to Russia’s economy and financial system, making it harder for Moscow to find new lending …

By Caroline Valetkevitch NEW YORK – Major U.S. stock indexes closed mostly lower on Monday, led by a more than 2% drop in Nasdaq, as investors sold tech and big …

By Guy Faulconbridge LONDON -A global food crisis looms unless the war in Ukraine is stopped because fertiliser prices are soaring so fast that many farmers can no longer afford …

– Discovery Inc Chief Executive Officer David Zaslav’s total pay package surged to about $246.6 million in 2021, a filing on Monday showed, with more than three-quarters of that coming …

WASHINGTON -The United States will continue take actions to put pressure on Russia’s economy and take away resources from Russian President Vladimir Putin’s invasion of Ukraine, Deputy U.S. Treasury Secretary …

– Wells Fargo & Co Chief Executive Officer Charles Scharf’s total compensation for 2021 was $24.5 million, up nearly 20% from a year ago, the Wall Street bank disclosed in …

WASHINGTON -Sarah Bloom Raskin’s nomination to become the top bank regulator at the Federal Reserve, already stalled by Republicans, was dealt a heavy blow on Monday after she lost the …