Global

By Foo Yun Chee BERLIN – Europe’s antitrust chief Margrethe Vestager, the architect of landmark rules to curb the power of U.S. tech giants, called on Thursday for a global …

By Marine Strauss BRUSSELS – ArcelorMittal reported higher-than-expected core profit in the first quarter on Thursday, but said it now forecast a slight contraction in global steel demand this year, …

By Iain Withers LONDON – Standard Chartered Chief Executive Bill Winters said the merits of a UK-based, Asia-focused bank remain valid in the face of “unpredictable” geopolitical tensions. Speaking to …

By Pamela Barbaglia LONDON – JPMorgan has elevated two senior bankers in its financial institutions group (FIG) to global co-heads of market infrastructure as it seeks to bolster its sprawling …

By John Kemp LONDON – Global manufacturing growth has started to decelerate as supply chain problems, the rising cost of energy and raw materials, and the conflict between Russia and …

(Reuters) – Global money market funds obtained massive inflows in the week to April 27 as investors rushed to safer assets on concerns over economic slowdown, surging inflation and the …

Biden Admin Makes Global Internet Pledge To Fight ‘Disinformation,’ Crackdown On ‘Harmful’ Content Laurel Duggan on April 28, 2022 The Biden administration, along with 60 partners, endorsed a new global …

By Jake Spring SAO PAULO – The world lost an area of forest the size of the U.S. state of Wyoming last year, as wildfires in Russia set all-time records …

DUBLIN – A global tax deal will make “no difference” to Alphabet Google’s operations in Ireland as the company remains committed to investing and adding staff to its European hub …

WASHINGTON – Fragmentation of the global economy and a retreat from global trade would make countries more vulnerable to production shocks arising from natural disasters and outbreaks of fatal diseases, …

BENGALURU – The global streak of high inflation is far from over and aggressive monetary policy tightening will fall short in taming price pressures to mandated levels as broken supply …

(Reuters) -Indian conglomerate Reliance Industries Ltd and U.S. buyout firm Apollo Global Management are planning a joint bid for UK high street pharmacy chain Boots, a spokesperson for Apollo confirmed …

TOKYO – Toyota Motor Corp on Wednesday posted record high global production in March, as overseas production made up for a drop off at home, highlighting the impact of factory …

By David Lawder WASHINGTON – If China wants its yuan to become a globally used currency, Beijing would need to have open capital markets and full currency convertibility, the International …

By Koustav Samanta (Reuters) – Global airline capacity has surged to its highest level in 2022 this week because of a rebound in Chinese domestic demand despite extended lockdowns in …

By Rajendra Jadhav MUMBAI – Global edible oil consumers have no option but to pay top dollar for supplies after Indonesia’s surprise palm oil export ban forced buyers to seek …

By Shashwat Awasthi and Clara Denina (Reuters) – Global mining companies must overcome COVID-related labour shortages and soaring production costs if they are to meet annual production targets, analysts said …

(Reuters) – Global equity funds faced massive outflows in the week to April 20, on concerns over growth due to the Russia-Ukraine war, impending rate hikes by major central banks …

By Neil Jerome Morales MANILA – The global travel and tourism sectors are projected to return to pre-pandemic levels in 2023 and grow at a rate that will outpace global …

WASHINGTON – The potential for a global economic slowdown is reason for the Fed “to be cautious” as it raises interest rates in coming months, Atlanta Fed president Raphael Bostic …

By Pete Schroeder and Michelle Price WASHINGTON – Russia’s invasion of Ukraine has driven up financial stability risks “on several fronts” and will test the resilience of the global financial …

WASHINGTON – The world is on a path to a more multipolar world given the rise of emerging markets in the global economy, but it would be disastrous if the …

(Reuters) – Global bond funds witnessed massive money outflows in the week to April 13, as investors were worried that the Federal Reserve would start tightening its policy more aggressively …

WASHINGTON – Global economic growth will take a hit from Russia’s war in Ukraine, U.S. Treasury Secretary Janet Yellen said on Wednesday, noting that it had sent prices for food, …

WASHINGTON – U.S. Treasury Secretary Janet Yellen said it would be “a long time, if ever” before the U.S. dollar was replaced as the key reserve currency in the global …