business

BEIJING (Reuters) – China’s services activity expanded at a slightly faster pace in October, a private-sector survey showed on Friday, with sales growing at the softest rate in 10 months …

By Ananya Mariam Rajesh and Deborah Mary Sophia (Reuters) – U.S. holiday sales in 2023 are expected to rise at the slowest pace in five years, data from the National …

NEW YORK CITY, NY – The New York City Police Department is seeking the public’s help to identify two males connected to a robbery at a Brooklyn business on Saturday, …

SHANGHAI (Reuters) -China’s financial regulators are investigating a month-end liquidity crunch that saw short-term money rates surge to as much as 50%, asking some institutions to explain why they borrowed …

(Reuters) – JPMorgan Chase CEO Jamie Dimon said Texas risks hurting its business-friendly reputation with laws that seek to punish Wall Street banks for policies limiting work with the gun …

(Reuters) -Lloyds, Britain’s biggest mortgage lender, is exploring the sale of some assets from its pension provider Scottish Widows worth 6 billion pounds ($7.3 billion), Bloomberg News reported on Wednesday, …

(Reuters) – Walt Disney’s ESPN sports network could secure an enterprise value of $24 billion and attract investment interest from sports leagues, tech firms like Apple and telecom majors including …

By Nell Mackenzie LONDON (Reuters) – The hedge fund industry saw a net $80 billion of outflows for the year to Oct. 18, even as it raked in net profits …

TOKYO (Reuters) – Japan’s factory activity contracted for a fifth straight month in October, a survey showed on Wednesday, as subdued demand and inflationary pressures squeezed businesses. The final au …

By Doyinsola Oladipo (Reuters) – Cruise operator Norwegian Cruise Line Holdings is making changes to its 2024 itineraries, cancelling stops in Israel due to the ongoing Israel-Hamas war, according to …

By Nell Mackenzie LONDON (Reuters) -Odey Asset Management, one of Britain’s best known hedge funds, will shut, it said on Tuesday in a statement on its website, less than six …

NEW YORK (Reuters) – Global macro hedge funds are now bearish on equities, leaving behind bullish bets which were part of their strategy for most of the year, while commodity …

PARIS (Reuters) – French carmaker Renault had “friendly” discussions with Chinese investment bank CICC about potential cooperation, but nothing has been signed or decided so far, a company spokesperson said, …

By Amy-Jo Crowley, Andres Gonzalez and Paul Sandle LONDON (Reuters) – Virgin Media O2 is in exclusive talks to sell a slice of its shareholding in Britain’s largest mobile tower …

BANGKOK (Reuters) -Thailand’s current policy rate is appropriate for the economy, but the central bank is ready to make “adjustments” if needed, the bank’s governor said as he warned of …

By Arriana McLymore NEW YORK (Reuters) – Generative AI will be Amazon’s secret weapon this holiday season, leveraging data from its more than 160 million Prime subscribers to improve ad …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets look to round off a difficult week with …

(Reuters) – Goldman Sachs on Thursday launched an institute to offer its clients insights on geopolitics and technology, according to an internal memo seen by Reuters. The Goldman Sachs Global …

By Emma Farge GENEVA (Reuters) – World Trade Organization members have begun reviewing reform proposals designed to address U.S. concerns in what a key negotiator called the “last chance” to …

By Silvia Aloisi and Richa Naidu LONDON/PARIS (Reuters) – Some of Europe’s top companies, including Volkswagen and Unilever warned on Thursday that business in the region is increasingly tough, underscoring …

TOKYO (Reuters) – Nomura Holdings said on Thursday it is reassessing its mainland China business, as losses mount at its Shanghai-based securities joint venture in another blow to the top …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Thursday are set to open on the …

(Reuters) – U.S. auto sales are expected to rise in October but the outlook for the rest of the year remains uncertain owing to the auto workers strike at Detroit …

SOMERS POINT, NJ — A longstanding trademark barrier toppled as Gregory’s Restaurant and Bar relinquished its “Taco Tuesday” trademark registration, effectively freeing the term for public use in New Jersey. …

By Lananh Nguyen and Lawrence White NEW YORK (Reuters) -Barclays Plc is laying off dozens of staff in its U.S. consumer banking division as part of a global drive to …