Inflation in the U.K. has fallen to its lowest level in more than three years, a drop that has cemented market expectations that the Bank of England will lower interest rates at its next policy meeting
October 16, 2024
Economists expect inflation rates to stay above the European Central Bank's 2% target in the medium term, according to a survey published by Germany's Ifo institute on Wednesday, a day
October 16, 2024
Stellantis expects a 20% drop in third-quarter consolidated vehicle shipments, the carmaker said on Wednesday amid a declining business performance which led it last month to cut profit and
October 16, 2024
British inflation slowed sharply last month and key price gauges watched by the Bank of England also fell, bolstering bets on a November interest rate
October 16, 2024
Shareholders have backed plans for budget carrier AirAsia to be bought by its long-haul associate, AirAsia X, paving the way for the Malaysian-based airlines to finalise their
October 16, 2024
U.S. fund Artisan Partners urged the board of Seven & i Holdings to allow Canada's Alimentation Couche-Tard (ACT) to conduct due diligence and negotiate a purchase
October 16, 2024
Analysts have downgraded estimates for European corporate earnings at the fastest pace in seven months this week, setting a lower bar for beats, while
October 16, 2024
Consumers are in for some relief: Lower energy prices are on the way
October 16, 2024
A look at the day ahead in European and global markets from Ankur Banerjee European chip and luxury stocks will be at the forefront of investors' minds on Wednesday, and for all the wrong reasons,
October 16, 2024
U.S. stocks rose following better-than-expected profit reports from Morgan Stanley, United Airlines and other big companies
October 16, 2024
JPMorgan Chase, the largest U.S. lender, plans to enter Kenya and Ivory Coast this year and grow its footprint in Africa, CEO Jamie Dimon told
October 16, 2024
Australian dollar debt sales, running at the fastest clip on record, are starting to hit the brakes as capital markets hunker down for the U.S. election, according
October 16, 2024
KKR & Co is set to launch the sale of Singapore-based Goodpack in a deal that could value the provider of shipping containers and
October 16, 2024
Japan's upcoming stimulus package will be bigger than last year's measures that were financed with a 13 trillion yen ($87 billion) extra budget, a government spokesperson said on
October 16, 2024
Elon Musk gave around $75 million to his pro-Donald Trump spending group in the span of three months, federal disclosures showed on Tuesday, underscoring
October 16, 2024
Disillusioned Chinese bankers and fund managers are giving up careers in a finance sector where government campaigns and regulation have coloured
October 16, 2024
The U.S. dollar firmed on Wednesday, hitting an 11-week high, as investors ruled out a hefty interest rate cut from the Federal Reserve at the next
October 16, 2024
The Bank of Japan must raise interest rates at a "very moderate" pace and avoid hiking prematurely, its policymaker Seiji Adachi
October 16, 2024
U.S. stocks ended higher in opposition to their global counterparts on Wednesday, and crude extended its decline on projected softening demand.
October 16, 2024
Chrysler parent Stellantis is expanding its factory complex in northern Mexico to build Ram 1500 pickup trucks, the Wall Street Journal reported on Tuesday.
October 16, 2024
Atlanta Federal Reserve President Raphael Bostic on Tuesday said he penciled in just one more interest rate reduction of 25 basis points this year when he updated his projections for last
October 15, 2024
Inflation in New Zealand returned to the Reserve Bank of New Zealand's target range of 1% to 3% in the third quarter, keeping the door open for the central bank
October 15, 2024
Small Business Administration disaster loan program is out of money after back-to-back hurricanes
October 15, 2024
Mexican telecommunications giant America Movil reported on Tuesday that it more than tripled its net profit in the third quarter from a year ago, due in part to a weaker peso
October 15, 2024
Australia's central bank is not concerned that inflation expectations could become de-anchored in the near-term, a top official said on Wednesday, although policymakers remained
October 15, 2024
Trump Media stock mysteriously plunges
October 15, 2024
A look at the day ahead in Asian markets.
October 15, 2024
New York Community Bancorp will rename itself as Flagstar Financial, the U.S. regional lender said on Tuesday, amid efforts to turn around its struggling business.
October 15, 2024
The Small Business Administration has run out of money for its disaster assistance loans, delaying much needed relief for people applying for aid in the wake of the destruction caused by Hurricanes Helene and Milton
October 15, 2024
United Airlines says its third-quarter profit fell 15% from a year ago
October 15, 2024
Donald Trump’s two Scottish golf courses, into which he has pumped hundreds of millions of dollars over the past two decades, continued to burn cash in 2023, accounts published on Tuesday
October 15, 2024
World Bank President Ajay Banga on Tuesday said former President Donald Trump understands the value of international financial institutions and
October 15, 2024
Mexican officials urged safety and stability in private investment in the country on Tuesday, following a bilateral summit with business leaders in which
October 15, 2024
Asset managers of public and private funds believe that certain Chinese stocks are trading at attractive prices, but they are not buying just yet because of
October 15, 2024
Top U.S. oil producer Exxon Mobil Corp plans to sell a portion of its assets in North Dakota's Bakken shale formation, the company told Reuters on Tuesday.
October 15, 2024
The World Bank voted on Tuesday to change its internal lending guidelines, freeing up $30 billion in additional lending capacity over the next
October 15, 2024
Microsoft Corp. has settled a lawsuit from a group of gamers who sued to try to stop the company from buying video game publisher Activision Blizzard for $69 billion last year
October 15, 2024
Shares of former U.S.
October 15, 2024
ConocoPhillips has filed a court motion to preserve the U.S. oil producer's almost top priority among Citgo Petroleum creditors to cash proceeds from an auction of shares in the
October 15, 2024
Now that the threat of Hurricanes Helene and Milton has receded, millions of homeowners and business-owners across Florida and the Southeastern U.S. are faced with traversing the often long and laborious process of using insurance to rebuild their lives
October 15, 2024
Americans haven’t been this worried about making their credit card payments since the pandemic
October 15, 2024
Semiconductor stocks in the United States and Asia fell after chip equipment maker ASML cut its annual sales forecast over weak non-AI chip demand while a report said the Biden
October 15, 2024
Italy's Salvatore Ferragamo said on Tuesday that operating profit this year would be at the lowest end of current analyst estimates after revenues fell 7.2% at constant exchange rates
October 15, 2024
Adidas on Tuesday raised its full-year sales and profit guidance, citing better than expected performance in the third quarter and good brand momentum as it benefits from popularity of its
October 15, 2024
U.S. holiday sales are expected to grow as much as 3.5%, the slowest pace in six years, the National Retail Federation forecast on Tuesday, as shoppers turn more frugal and get picky with
October 15, 2024
OANDA spotlights the currency pairs most likely to be affected by the volatility surrounding the U.S. presidential election.
October 15, 2024
French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, undershooting estimates in its first decline in quarterly sales
October 15, 2024
The largest retail trade group in the United States says it expects consumers to spend more during the upcoming holiday season but the growth in sales to be slower than last year due to concerns over persistent inflation and prices
October 15, 2024
Israel's inflation rate eased in September for the first time in seven months, data from the Central Bureau of Statistics showed on Tuesday, but it likely will
October 15, 2024
More and more people are using payment apps to send and receive money
October 15, 2024
Computer chip equipment maker ASML forecast on Tuesday lower than expected 2025 sales and bookings on sustained weakness in parts of the
October 15, 2024
Boeing is moving toward raising up to $25 billion to shore up its troubled financial position
October 15, 2024
Money.ca shares tips and steps to increasing your credit limit while also maintaining a good credit score in Canada.
October 15, 2024
The International Monetary Fund on Tuesday said it sees Mexico's economic growth slowing to around 1.5% this year, citing capacity constraints and tight monetary policy.
October 15, 2024
Pfizer appointed a former chief executive officer at Vanguard, the drug giant's biggest investor, to its board on Tuesday as it faces pressure from activist
October 15, 2024
British drugmaker GlaxoSmithKline sued Moderna in U.S. federal court in Delaware on Tuesday, accusing it of violating GSK patent rights in messenger RNA technology with
October 15, 2024
Blackstone, the world's largest alternative asset manager, plans to invest 7.5 billion euros ($8.2 billion) to develop data centres in Spain's Aragon, boosting the region's growing
October 15, 2024
Wall Street's biggest banks reported rising investment banking fees in the third quarter fueled by more deals and corporate debt issuance, and said their pipeline of new activity looked
October 15, 2024
Standard Chartered won its bid in a London court on Tuesday to replace the financial benchmark it used to set dividend rates for some shares, which the bank said provided "clarity"
October 15, 2024
PNC Financial reported a 4% drop in third-quarter net profit on Tuesday, as it earned less from customer interest payment and set aside a bigger buffer of capital to cover loans that may
October 15, 2024
Canadian home sales rose 1.9% in September from the previous month and were up 6.9% on an annual basis, data from the Canadian Real Estate Association showed on Tuesday.
October 15, 2024
Portugal's main power utility EDP initiated merger discussions with London-listed peer SSE earlier this year, but talks did
October 15, 2024
Ingram Micro said on Tuesday it was seeking a valuation of up to $5.42 billion as the technology products distributor aims to go public again in the U.S. after nearly
October 15, 2024
Canada's annual inflation rate slowed more than expected to 1.6% in September, data showed on Tuesday, prompting markets to increase bets of a
October 15, 2024
UBS Global Research on Tuesday raised its year-end target for the benchmark S&P 500 index to 5,850 points from an earlier projection of 5,600, boosted by corporate profit growth,
October 15, 2024
Boeing’s crisis is getting worse. Now it’s borrowing tens of billions of dollars
October 15, 2024
Citigroup posted a smaller-than-expected drop in profit for the third quarter as debt underwriting propped up investment banking results.
October 15, 2024
Crypto firm Ripple launched a stablecoin pegged to the U.S. dollar on Tuesday, looking to disrupt a market in which the top two incumbents account for nearly 90% of the value.
October 15, 2024
Electric aircraft maker Eve has secured an $88 million loan deal with Brazil's state development bank BNDES to fund the development of its first production facility, it said in a
October 15, 2024
Goldman Sachs' profit beat estimates in the third quarter, fueled by a rebound in bond sales, stock offerings and mergers that sent its shares up more than
October 15, 2024
Walgreens is planning to close around 1,200 locations, as the drugstore chain and its rivals struggle to define their role for U.S. shoppers who no longer look to them first for convenience
October 15, 2024
Brazil's Finance Minister Fernando Haddad said in an interview published on Tuesday that financial markets were right to be worried about the country's fiscal situation, but
October 15, 2024
Boeing set out to shore up its sagging finances on Tuesday, announcing plans to raise up to $25 billion through stock and debt offerings and a $10
October 15, 2024
The Russian General Prosecutor's office was seeking to collect more than 1 billion euro ($1.09 billion) in damages from international energy major Shell, the RIA news agency
October 15, 2024
Bank of America's third-quarter profit dropped as it paid more to customers to hold their deposits, but its earnings beat estimates, driven by
October 15, 2024
Boeing said on Tuesday it has entered a credit agreement worth $10 billion with a consortium of banks, as the U.S. planemaker readies financing sources amid a crippling strike and upcoming
October 15, 2024
Johnson & Johnson raised its 2024 profit and sales forecasts on Tuesday after reporting strong sales of oncology drugs and quarterly results that beat
October 15, 2024
Wall Street's major stock indexes closed lower on Tuesday, with a 1% drop in the technology-heavy Nasdaq leading losses as chip stocks tumbled on
October 15, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The U.S. bond market returns from holiday to find Wall Street stocks soaring ever higher to new records, with Big Tech and Big Banks
October 15, 2024
Israel's economy grew slower in the second quarter than previously thought, data showed on Tuesday, as Israel's war in Gaza against the Palestinian Islamist group Hamas continued
October 15, 2024
UnitedHealth Group provided a 2025 profit forecast below Wall Street estimates on Tuesday as it expects pressure across its government-supported health
October 15, 2024
Netflix could report its slowest subscriber additions in six quarters on Thursday as gains from a password-sharing crackdown ease, with investors looking for
October 15, 2024
Wall Street’s been on a two-year tear. Can the party last?
October 15, 2024
Romania's central bank saw a window of opportunity with falling inflation to cut interest rates twice and ease some policy restrictiveness, but the bank is now pausing as a
October 15, 2024
Wolfspeed is set to receive $750 million in government grants for its new North Carolina silicon carbide wafer manufacturing plant facility
October 15, 2024
The Biden-Harris administration announced plans to provide up to $750 million in direct funding to Wolfspeed, with the money supporting its new silicon carbide factory in North Carolina that makes the wafers used in advanced computer chips and its factory in Marcy, New York
October 15, 2024
Wizz Air has confirmation of its Airbus deliveries until the end of 2025, the airline's chief executive said on Tuesday, despite questions over whether the European
October 15, 2024
Italy is working to implement an agreement on a loan to Ukraine backed by Russian assets held in the European Union, Prime Minister Giorgia Meloni said on Tuesday.
October 15, 2024
The euro zone economy showed some signs of life on Tuesday with a raft of indicators pointing to lukewarm but still positive growth for a bloc that has been
October 15, 2024
Italy's government plans to raise 3.5 billion euros ($3.81 billion) from domestic banks and insurers, Prime Minister Giorgia
October 15, 2024
China's economy is likely to expand 4.8% in 2024, undershooting the government's target, and growth could cool further to 4.5% in 2025, a Reuters poll showed,
October 15, 2024
European shares posted their biggest one-day drop in over two weeks on Tuesday, weighed by technology stocks after chip equipment maker
October 15, 2024
French consumer prices fell more than initially expected in September, the INSEE statistics agency said on Tuesday, revising the headline annual consumer price index to 1.4%, strengthening
October 15, 2024
Spain's European Union-harmonised 12-month inflation fell to 1.7% in September, down from 2.4% in the period through August, final data released by the National Statistics Institute (INE)
October 15, 2024
Global investor optimism posted its biggest jump since June 2020 in October due to Federal Reserve rate cuts, stimulus pledges from China and expectations of a soft landing for the
October 15, 2024
Sweden's Ericsson said on Tuesday the telecom equipment market is showing signs of improvement after reporting third-quarter core earnings and sales above
October 15, 2024
U.S. stocks pulled back from their records as the price of crude oil tumbled again and technology stocks faltered
October 15, 2024
A rapid divergence between euro zone and U.S. government bond markets is expected to continue, as an increasingly lacklustre European economy adds to the pressure
October 15, 2024
Citigroup has struggled to adequately train employees in risk, compliance and data roles, according to the bank's own assessment, shedding
October 15, 2024
Japan's Seven & i Holdings is betting it can boost value by hiving off underperforming businesses and focusing on mainstay 7-Eleven stores.
October 15, 2024
A look at the day ahead in European and global markets from Vidya Ranganathan.
October 15, 2024
By Danial Azhar KUALA LUMPUR - Malaysia will likely introduce further subsidy cuts and new taxes as part of its budget for next year, analysts and economists said, as it looks to strengthen its fiscal
October 15, 2024
The Bank of Japan (BOJ) will forgo raising interest rates again this year, according to a very slim majority of economists in a Reuters poll, although nearly 90%
October 15, 2024
The world's total public debt is set to exceed $100 trillion this year for the first time, and may grow more quickly than forecast as political sentiment favors
October 15, 2024
Chinese banks are set to cut rates on 300 trillion yuan ($42.20 trillion) of deposits as soon as this week, Bloomberg News reported on Tuesday, citing people familiar with the matter.
October 15, 2024
Japanese Prime Minister Shigeru Ishiba said his government is aiming to compile a supplementary budget for the current fiscal year in excess of last year's 13.1 trillion yen ($87.6
October 15, 2024
China may raise an additional 6 trillion yuan ($850 billion) from special treasury bonds over three years to stimulate a sagging economy, local media
October 15, 2024
U.S. stocks closed down on Tuesday, following world stocks lower as a weak sales forecast from chipmaker ASML weighed on tech shares, while crude extended its
October 15, 2024
Growth across the Pacific Islands is expected to slow to 3.6% this year, down from 5.8% in 2023, as a post-pandemic rebound fades and Fiji, contributing half of
October 15, 2024
The U.S. dollar edged higher against most major currencies on Tuesday, resuming the latest uptrend that took it to more than two-month highs fueled by
October 15, 2024
Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a weaker demand outlook and after a media report said Israel would not strike Iranian nuclear and oil sites,
October 15, 2024
Chinese property developer Sino-Ocean Group said on Tuesday its restructuring plan was being implemented in an orderly manner and it expects to generate $2.8 billion in cash over the next
October 14, 2024
Tokyo Metro raised 348.6 billion yen ($2.3 billion) in Japan's largest initial public offering in six years after pricing its IPO at the top of its
October 14, 2024
Central banks remain keen buyers of gold to diversify their reserves for financial or strategic reasons, representatives of three central banks told the London Bullion Market
October 14, 2024
Global sales of fully electric and plug-in hybrid vehicles rose by an annual 30.5% in September, as China surpassed its record numbers recorded
October 14, 2024
Shareholders of Japan's largest companies are increasingly voting against management resolutions, data showed on Tuesday, spurred on by guidance on effective
October 14, 2024
Changes in store for Medicare Advantage as open enrollment starts
October 14, 2024
Some of Frontier Communications' largest shareholders are concerned about its planned $9.6 billion takeover by Verizon Communications, with its second-
October 14, 2024
Police arrested more than 200 pro-Palestinian demonstrators who had staged a sit-in outside the New York Stock Exchange on Monday to demand an end to U.S. support for
October 14, 2024
A look at the day ahead in Asian markets.
October 14, 2024
CoverGirl parent Coty on Monday estimated first-quarter like-for-like sales growth below its prior forecast due to a slowdown in the U.S., sending its shares down 6% in after-market trading
October 14, 2024
Citi Research on Monday raised its bull case scenario for oil prices for this quarter and the next one, citing heightened potential of the market to fear or realize supply losses during
October 14, 2024
Phillips 66 will sell its 49% non-operated equity interest in Coop Mineraloel AG to its Swiss joint venture partner for $1.24 billion, the U.S. refiner said on Monday.
October 14, 2024
Banking consolidation is not always the best way to create shareholder value and can lead to oligopolies that are bad for clients, Chair
October 14, 2024
Starbucks is scaling back discounts and promotions
October 14, 2024
Insurer Blue Cross Blue Shield has agreed to pay $2.8 billion to resolve antitrust class action claims by hospital systems, physicians and other health providers alleging
October 14, 2024
Stellantis is not seeking to merge with or to buy other players, John Elkann, chairman of the French-Italian automaker, told news agency AFP on Monday, amid recent rumours of a tie-
October 14, 2024
Brazil's Petrobras is discussing a partnership with Vale to help the mining company lower carbon emissions, the state-run oil firm's Chief Executive Magda Chambriard said on
October 14, 2024
Citing a recent uptick in inflation and data showing the U.S. economy and labor market are stronger than previously thought, Federal Reserve Governor
October 14, 2024
True Value declares bankruptcy and sells itself to a hardware rival
October 14, 2024
Dozens of people protesting Israel’s war in Gaza have been arrested in a sit-in outside the New York Stock Exchange
October 14, 2024
Stellantis is fixing its slowing U.S. sales at the right pace after fumbling a marketing plan earlier this year, CEO Carlos Tavares told reporters Monday
October 14, 2024
Shares of former U.S.
October 14, 2024
The World Health Organization said it received pledges worth $700 million for its 2025-2028 budget at a event in Berlin on Monday, in addition to $300 million already pledged by the
October 14, 2024
The WNBA had a record year in terms of growth in viewership and attendance, and with that the players now want a bigger piece of the financial pie
October 14, 2024
Shares of Nvidia closed at their highest ever on Monday, putting the heavyweight AI chipmaker on the brink of dethroning Apple as the world's most valuable company.
October 14, 2024
Legendary Entertainment on Monday said it had completed a buyout of Chinese conglomerate Dalian Wanda Group's remaining stake in the movie studio and will be wholly owned by Apollo Global.
October 14, 2024
Australia is planning to reduce bank card surcharges, including the elimination of transaction fees on debit cards, the government said on Monday, as the use of cash declines in the
October 14, 2024
Britain does not plan to follow the European Union in imposing tariffs on imports of electric vehicles from China as UK businesses have not raised a complaint to be investigated,
October 14, 2024
Turkey's economy will grow 3% this year and next, lower than the government's recently updated forecasts, a Reuters poll of economists showed on Monday, pointing to a much deeper
October 14, 2024
EU talks with Beijing on minimum import prices to avert the bloc's tariffs on China-built electric vehicles pose a "formidable challenge" as cars are complex
October 14, 2024
Vanda Pharmaceuticals on Monday rejected UK-based Cycle Pharmaceuticals' second takeover proposal, which values the drugmaker at $8 per share despite a drop in Vanda's stock following the
October 14, 2024
The European Union wants a level playing field with China on car tariffs and is negotiating with Beijing on mechanisms such as price commitments or investments in Europe as a
October 14, 2024
Brazil's economic activity again surprised on the upside in August, central bank data showed on Monday, reinforcing a view of heated economic momentum that prompted policymakers
October 14, 2024
Brazil's central bank sees strong economic activity as a key input for its monetary policy decision, incoming governor Gabriel Galipolo said on Monday, as the government
October 14, 2024
HSBC Holdings Plc is reviewing expenses and operational controls at its China digital wealth business Pinnacle, in a move
October 14, 2024
Countries are likely to default more frequently on their foreign currency debt in the coming decade than they did in the past due to higher debt and an increase in
October 14, 2024
Unlike other big tech companies, OpenAI is the for-profit subsidiary of a nonprofit overseen by the nonprofit’s board of directors. Many media outlets report that this arrangement could soon change.
October 14, 2024
Elliott Investment Management is taking its fight with Southwest Airlines to investors by calling for a special shareholder meeting where they can vote on new
October 14, 2024
Thousands of Boeing staff will get layoff notices within weeks, a union and industry sources said, as a senior U.S. official flew to
October 14, 2024
India's retail inflation in September accelerated to its highest in nine months, due to higher food prices, according to government data
October 14, 2024
Panama will stick to its economic forecasts for next year even though the government withdrew its budget proposal after pushback from Congress,
October 14, 2024
Chinese EV giant BYD on Monday slammed the EU's planned tariffs on Chinese-made EVs but said it planned to make almost all the cars it sells in Europe locally,
October 14, 2024
Catalent has agreed to sell its oral drug development and small-scale manufacturing facility in Somerset, New Jersey to private contract drug manufacturer Ardena, the companies said on
October 14, 2024
H Lundbeck A/S has agreed to buy U.S.-based Longboard Pharmaceuticals for $2.6 billion, marking the biggest deal ever by the Danish drugmaker as it seeks to bolster its
October 14, 2024
General Motors and Barclays said on Monday they have signed a long-term credit card partnership agreement to let customers earn and redeem reward points on new Buicks, Cadillacs and other
October 14, 2024
Bank Indonesia (BI) will leave interest rates unchanged on Wednesday despite inflation falling to its lowest level since 2021, as receding expectations of
October 14, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan With U.S.
October 14, 2024
Wall Street ended higher on Monday, with both the S&P 500 and the Dow posting fresh record finishes, as investors bought into technology stocks ahead of a busy week packed
October 14, 2024
New bank lending in China jumped in September from the previous month but fell short of expectations, as markets await further details on fiscal stimulus
October 14, 2024
Hungary's economy ministry proposed on Monday that savings in private pension accounts can be used tax-free for housing purposes as a one-off measure next year
October 14, 2024
A group of campaigners wants UBS to lose its exemption from U.S. regulations that allows the Swiss bank to operate in the American pension market despite breaking banking rules,
October 14, 2024
China's export growth slowed sharply in September while imports also unexpectedly decelerated, undershooting forecasts by big margins and suggesting manufacturers are
October 14, 2024
European stocks ended Monday's choppy session at a two-week high ahead of corporate earnings and a European Central Bank policy
October 14, 2024
Chinese finance industry professional Zhang Jing made enough money from a recent stock market rally to consider hopping on the housing ladder
October 14, 2024
A second Donald Trump presidency could lead to significantly lower economic growth in several Asian economies, with China, South Korea and Vietnam particularly affected, ratings
October 14, 2024
Singaporean banks' mainstay wealth businesses are set to drive growth in the near-term on interest rate cuts and hopes of a revival in the
October 14, 2024
The Philippine central bank will cut its key policy rate by 25 basis points both in October and December to support economic growth as inflation is expected to
October 14, 2024
Investors in French luxury group LVMH are eager for signs that China's new fiscal stimulus measures can finally pull wealthy and middle-class Chinese shoppers out
October 14, 2024
Stellantis CEO Carlos Tavares alternated between defiance and contrition about the company's turnaround plans on Monday in a packed
October 14, 2024
Indonesia's incoming president, Prabowo Subianto, has asked current finance minister Sri Mulyani Indrawati to remain in her post under his
October 14, 2024
Wall Street rolled to more records as U.S. stocks added to their all-time highs
October 14, 2024
The European Central Bank looks set to deliver another interest rate cut on Thursday it had little appetite to point to just weeks ago.
October 14, 2024
Western and Chinese investors had different reactions to the latest stimulus pronouncements by Beijing, and it's likely that both groups are somewhat
October 14, 2024
A look at the day ahead in European and global markets from Rae Wee Beijing's latest stimulus pledges were met on Monday with a mixed and volatile response in Chinese stocks, with investors showing no
October 14, 2024
Renault CEO Luca de Meo's bet on a low-cost gearbox technology is allowing the French carmaker to gain ground in Europe's fast-growing hybrid car market, giving
October 14, 2024
China is locking in steps to shape the pricing of the vast quantities of industrial metals it produces and consumes, with moves to attract
October 14, 2024
Virgin Australia said on Monday it had recorded its second consecutive annual profit and a 6.8% year-on-year increase in revenue, putting it in a stronger financial position as it looks to
October 14, 2024
Hyundai Motor India sold shares worth $989.4 million to institutional investors including BlackRock and Fidelity on Monday,
October 14, 2024
U.S. stocks ended higher with a boost from technology shares amid light Columbus Day trading on Monday, while crude prices dipped as investors parsed signs of
October 14, 2024
By Gertrude Chavez-Dreyfuss and P.J.
October 14, 2024
Goldman Sachs raised China's gross domestic product forecast to 4.9% from 4.7% for 2024, according to a research note, citing the government's latest round of stimulus measures.
October 13, 2024
Singapore's central bank on Monday left its monetary settings unchanged, as expected, as data showed the economy perked up in the third quarter
October 13, 2024
Oil prices fell 2% on Monday as OPEC again lowered its outlook for 2024 and 2025 global oil demand growth while China's oil imports fell for the fifth straight
October 13, 2024
A look at the day ahead in Asian markets.
October 13, 2024
Australia's TPG Telecom said on Monday it would carve out its fibre and fixed network infrastructure assets in a sale to Macquarie and pension fund Aware Super-owned
October 13, 2024
The world's 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to
October 13, 2024
Chinese state-owned carmaker GAC is exploring the manufacture of EVs in Europe to avoid EU tariffs, the general manager of its international business told Reuters
October 13, 2024
Boeing strike has already cost the company and workers $5 billion, new analysis shows
October 13, 2024
Indonesia's incoming president, Prabowo Subianto, will review the possibility of cutting the corporate income tax to 20% from 22%, CNBC Indonesia reported on Sunday, citing an
October 13, 2024
The trust banking arm of Mitsubishi UFJ Financial Group is planning to launch three funds totalling up to 100 billion yen ($670.6 million) in the 2024 financial year to provide loans
October 13, 2024
South Africa's former finance and labour minister and first Black central bank governor Tito Mboweni has died aged 65 following a brief illness, the presidency said late on
October 13, 2024
Vietnam and China signed 10 agreements ranging from agriculture cooperation to cross-border QR code payments on Sunday, during Chinese Premier Li Qiang's three-day visit to Hanoi, as
October 13, 2024
The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion
October 12, 2024
German trade union Verdi would oppose a cross-border merger for Commerzbank even if the bidder was not an Italian bank like UniCredit, an official said on Saturday.
October 12, 2024
The Maldives has chosen U.S.-headquartered Centerview Partners to be its adviser on debt matters as the country battles to stave off a financial crisis, two
October 12, 2024
China is studying further trade measures against Taiwan, China's Ministry of Commerce said on Saturday, two days after Beijing denounced a speech by Taiwan President Lai Ching-te.
October 12, 2024
Japanese Prime Minister Shigeru Ishiba said on Saturday he would not intervene in monetary policy affairs, as the central bank is mandated to achieve price stability.
October 12, 2024
The International Monetary Fund called for continued tight, data-driven monetary policy in Turkey until inflation converges to target as it concluded an Article IV consultation.
October 12, 2024
China's finance ministry on Saturday unveiled a fiscal stimulus package aimed at reviving the flagging economy and achieving the government's growth target, though it did not
October 12, 2024
China's highly anticipated announcement of financial stimulus plans on Saturday was big on intent but low on the
October 12, 2024
China's finance minister says the government is looking at additional ways to boost the economy, but he didn't unveil a major new stimulus plan at a news conference Saturday
October 12, 2024
U.S. buyout fund Bain Capital made a binding offer to buy Fuji Soft for 9,450 yen a share in a deal that values the Japanese software developer at $4 billion and outbids rival KKR by
October 12, 2024
China said on Saturday it will "significantly increase" government debt issuance to offer subsidies to people with low incomes, support the property market and replenish state
October 12, 2024
China pledged on Saturday to "significantly increase" debt to revive its sputtering economy, but left investors guessing on the overall size of the
October 12, 2024
Four of China's biggest state-owned banks announced cuts on Saturday to existing mortgage rates starting on Oct. 25, as the authorities ramp up efforts to stimulate the world's
October 12, 2024
A U.S. appeals court on Friday put on hold approvals and permits necessary to allow a Kinder Morgan subsidiary to construct a 32-mile gas pipeline in Tennessee, at the urging of
October 11, 2024
Electric vehicle startup Fisker received court approval of its bankruptcy liquidation plan on Friday, following last-minute negotiations to preserve the
October 11, 2024
Credit ratings agency Fitch revised France's outlook to "negative" from "stable" on Friday, citing increases in fiscal policy and political risks.
October 11, 2024
Elon Musk’s X on Friday dropped Unilever from a lawsuit that claimed the consumer goods giant and others conspired with an advertising industry group to boycott the
October 11, 2024
Boeing will cut 17,000 jobs -- 10% of its global workforce -- delay first deliveries of its 777X jet by a year and record $5 billion in losses in the
October 11, 2024
Catastrophe bonds issued by the U.S.
October 11, 2024
The International Monetary Fund on Friday approved measures that will reduce its members' borrowing costs by about $1.2 billion annually, the fund's
October 11, 2024
U.S. corporate credit spreads hit fresh multi-year lows in recent days in a sign of growing investor confidence, although some market
October 11, 2024
The health of the U.S. consumer moves into the spotlight next week, with investors watching corporate earnings reports and retail sales data
October 11, 2024
The United States expanded sanctions against Iran's petroleum and petrochemical sectors on Friday in response to an Iranian missile attack on Israel, the
October 11, 2024
U_S_ Treasury official Jay Shambaugh says withdrawing the U_S_ from the IMF and World Bank would be “a step backward."
October 11, 2024
U.S. consumers remain resilient with solid spending in the third quarter, two of the country's biggest lenders said on Friday, although there are
October 11, 2024
U.S. investment funds are showing confidence in Eni's strategy of spinning off growth businesses in order to attract financial resources, the Italian energy group's CEO Claudio
October 11, 2024
Americans’ outlook on the economy soured a bit after two months of small gains, according to the University of Michigan’s consumer sentiment index, released Friday
October 11, 2024
U.S. consumer sentiment slipped in October amid lingering frustration over high prices, a survey showed on Friday.
October 11, 2024
Japan's Mitsui & Co plans to re-enter global precious metals trading to hedge client risk after a nine-year absence, three sources with knowledge of the matter told
October 11, 2024
Britain has apologised after Sky News reported the government had accidentally disclosed the email address of Bernard Arnault, one of the world's richest men, in the run up to a
October 11, 2024
Another key US inflation gauge fell in September
October 11, 2024
Tesla on Thursday showcased its long-awaited robotaxi with two gull-wing doors and no steering wheel or pedals, but the glitzy event was light on detail, disappointing investors who had
October 11, 2024
Germany is working to frustrate a possible takeover of one of its biggest banks by an Italian rival, a stance that pits Berlin
October 11, 2024
The Italian economy will expand by 0.8% this year and by 0.9% in 2025, the country's central bank said on Friday, confirming an estimate made in July for 2024 and raising slightly
October 11, 2024
Jamie Dimon warns of ‘treacherous’ geopolitical conditions that are ‘getting worse’
October 11, 2024
U.S. equity funds witnessed outflows in the week to Oct. 9 as investors booked profits due to a shift in market expectations about the Federal Reserve rate cut path and a surge in bond
October 11, 2024
The case for quarter-point U.S. interest rate cuts at upcoming Federal Reserve policy meetings appeared intact on Friday after a report showed producer prices were flat last month compared
October 11, 2024
Rating agency Moody's has cut its outlook on Volkswagen to "negative" from "stable", citing a deteriorating operating performance at Europe's top carmaker and expected challenges
October 11, 2024
(This Oct. 11 story has been corrected to remove Saudi Arabia as a member of BRICS, in paragraph 4.
October 11, 2024
Wholesale prices in the United States were unchanged last month in another sign that inflation is returning to something close to normal after years of pressuring America’s households in the wake of COVID-19
October 11, 2024
U.S. producer prices were unchanged in September as a modest rise in the cost of services was offset by cheaper goods, pointing to a still-favorable inflation
October 11, 2024
Stellantis, which makes Jeep and Chrysler vehicles, announced a number of significant leadership changes, including the timing of CEO Carlos Tavares’ retirement and the departure of its chief financial officer as it struggles to revive sales in North America
October 11, 2024
Markets are tentatively optimistic France's budget may eventually pass its fractured parliament, but remain sceptical of how quickly the country can tidy up its finances,
October 11, 2024
Industrial supplies maker Fastenal on Friday posted a third-quarter profit that marginally surpassed analysts' estimates, benefiting from a sustained demand for its safety products.
October 11, 2024
Global investors made large investments in money market funds in the week to Oct. 9 driven by a push back in Federal Reserve rate cut expectations and caution over the Middle East conflict
October 11, 2024
Polestar's chief executive said on Friday the company is conducting a strategic review of its operations after reporting a 14% drop in third-quarter electric vehicle deliveries, sending
October 11, 2024
The U.S. presidential election, the most consequential vote for financial markets in an election-packed year, is weeks away.
October 11, 2024
JPMorgan says its net income fell to $12.9 billion in the third quarter from $13.2 billion a year ago
October 11, 2024
(This Oct. 11 story has been corrected to say 'head of financial crime compliance,' not 'head of financial compliance,' in paragraph 1, and to change 'compliance chief' to 'executive' in the headline)
October 11, 2024
Wells Fargo's profit beat analysts' expectations in the third quarter as it set aside less money than expected to cover potential loan
October 11, 2024
JPMorgan Chase's third-quarter profit beat expectations as strong investment banking performance and rising interest payments offset a hit from bigger loan
October 11, 2024
BNY beat third-quarter profit estimates on Friday, boosted by higher investment services fees as assets under its custody and administration exceeded the $
October 11, 2024
A Russian court has ordered the seizure of funds in JPMorgan Chase bank accounts in Russia totalling $155.8 million, court filings showed, as state-owned Russian bank VTB seeks
October 11, 2024
Insured losses for Hurricane Milton are likely to range between $30 billion and $60 billion, Morningstar DBRS analyst Marcos Alvarez said on Friday, below the credit
October 11, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Even though futures pricing had already turned queasy before the sticky September inflation report on Thursday, the prospect of the
October 11, 2024
A federal judge on Friday pressed U.S.
October 11, 2024
BlackRock's assets under management hit a record high for the third straight quarter as a U.S. stock market rally boosted inflows, while the
October 11, 2024
Uruguay heads to the polls to vote for a new president this month, but investors have a wary eye on another ballot: a referendum to lower the retirement age
October 11, 2024
Florida’s home insurer of last resort is in serious trouble. Will Milton put it over the edge?
October 11, 2024
Two years after Hurricane Ian destroyed her Florida home, 47-year-old Amy Hawk is still fighting her insurance companies. While many of her neighbors have decided to leave the area, Hawk and her family are steadfast in rebuilding-- this time without an insurance policy. Experts say Amy’s case isn’t unusual, especially as climate change makes storms more damaging. Meena Duerson reports.
October 11, 2024
The S&P 500 and the Dow scored record closing highs on Friday, with the big boosts from financial stocks after banks reported strong quarterly
October 11, 2024
A sharp steady rise in overnight repurchase agreements is overwhelming banks that serve as middlemen for such short-term borrowings in U.S. government
October 11, 2024
The Bank of Canada is likely to lower interest rates to a neutral setting that neither restricts nor stimulates its economy more quickly than the U.S.
October 11, 2024
Europe's Airbus swung the spotlight on major suppliers after a drop in September deliveries that its planemaking chief called "disappointing" on Friday, but sought to
October 11, 2024
Northvolt is in talks with investors and lenders to secure about 200 million euros ($218 million) in short-term
October 11, 2024
London stocks rounded off the week on a dour note as investors were disappointed after China failed to announce specific measures to stimulate its
October 11, 2024
Investors pushed Bain Capital to almost halve the valuation it was seeking for Japan's Kioxia in an IPO, leading the U.S. buyout firm to scrap its
October 11, 2024
Foreign investors' claims on Uncle Sam have been greater than U.S. investors' claims overseas for decades, an imbalance that many analysts have long
October 11, 2024
Italy's Brembo said on Friday it had agreed to buy suspension technology manufacturer Ohlins Racing for $405 million, in the premium brake maker's biggest ever acquisition.
October 11, 2024
China's GDP figures, U.S. retail sales and a rate decision by the European Central Bank headline the coming week, while earnings are under way on both sides of the Atlantic and UK markets
October 11, 2024
Shares in Saga soared 11% on Friday after the British over-50s holiday group and Belgian insurer Ageas said they were in exclusive talks to set up a 20-year motor and home insurance
October 11, 2024
Milan-listed shares in Stellantis slipped around 1% on Friday after the carmaker confirmed the retirement of CEO Carlos Tavares in 2026 and announced major senior management changes.
October 11, 2024
Nippon Steel said on Friday it will sell its entire 50% stake in a joint-venture steel plant it has in Calvert, Alabama, with ArcelorMittal, if
October 11, 2024
The biggest shareholder in Sainsbury's, the Qatar Investment Authority (QIA), is selling 306 million pounds ($399 million) worth of shares in the British supermarket group, according
October 11, 2024
Sanofi has entered into talks to sell a controlling 50% stake in its consumer health business Opella to U.S. private equity firm Clayton Dubilier & Rice, the French pharmaceutical
October 11, 2024
Emerging market stocks saw record inflows in the week to Wednesday, Barclays said citing data from EPFR, led by record inflows into Chinese equities.
October 11, 2024
German inflation eased to 1.8% in September, the federal statistics office said on Friday, confirming preliminary data.
October 11, 2024
Britain's economy grew in August after two consecutive months of stagnation, providing some relief to finance minister Rachel Reeves ahead of the new
October 11, 2024
France's government said on Friday its 2025 belt-tightening budget was necessary to rein in its "colossal" debt burden as it faced criticism from
October 11, 2024
A look at the day ahead in European and global markets from Tom Westbrook Friday's session brought a cautious mood to the markets, ahead of a smattering of data and an uncomfortable weekend.
October 11, 2024
Japan's core consumer inflation rate likely eased in September as energy costs eased due to government subsidies, while export growth slowed sharply, a Reuters poll showed on Friday.
October 11, 2024
U.S. stocks rose to records as JPMorgan Chase, Wells Fargo and other big financial companies rallied on better-than-expected profit reports
October 11, 2024
Lufthansa's long-promised turnaround of Italy's ITA Airways, crucial to help revive the German airline's
October 11, 2024
Finance Minister Katsunobu Kato said on Friday he would attend meetings of financial leaders from the Group of Seven and Group of 20 economic powers, as well as the International
October 11, 2024
Boeing said late on Thursday it filed an unfair labor practice charge with the National Labor Relations Board against the union that represents about 33,000 striking U.S.
October 11, 2024
Oil prices settled lower on Friday but rose for the second straight week as investors weighed factors such as possible supply disruptions in the Middle East
October 11, 2024
Global stocks rose on Friday, lifted by U.S. bank earnings, and on track for a weekly gain while U.S.
October 11, 2024
The U.S. dollar was flat against major currencies on Friday as markets digested a slew of economic data that supported the Federal Reserve's
October 11, 2024
South Korea's central bank cut interest rates for the first time since mid-2020 on Friday and flagged there was room to reduce further, giving some
October 10, 2024
OANDA takes a look at Kamala Harris' role as vice president, her policy positions earlier in her career, her views, and how these would affect the financial markets if she is elected president.
October 10, 2024
Sundae compiled a list of what the housing market looks like at 5 different price points in Sacramento-Arden-Arcade-Roseville, CA.
October 10, 2024
CoPilot analyzed national sales data to uncover the 50 top-selling used cars in the San Jose metro area.
October 10, 2024
Routific investigated gas price changes in California during the last year using data from AAA.
October 10, 2024
Billionaire Warren Buffett's Berkshire
October 10, 2024
Britain's decade-long economic downward spiral could be reversed with a fresh appetite for risk that might help boost annual investment by a required 100 billion
October 10, 2024
Relatives of passengers who died in Boeing Max crashes have attended a Texas courtroom where their lawyers asked a judge to throw out a plea agreement they say is a sweetheart deal for Boeing
October 10, 2024
Chrysler parent Stellantis confirmed on Thursday that CEO Carlos Tavares would retire at the end of his contract in early 2026 and announced major senior management
October 10, 2024
A look at the day ahead in Asian markets.
October 10, 2024
Trump promises new tax relief for car loan interest and citizens living abroad
October 10, 2024
The U.S Federal Trade Commission finalized changes on Thursday to a rule that determines what information companies must hand over when seeking clearance for proposed mergers
October 10, 2024
TD Bank will focus on restructuring its balance sheet in the 2025 fiscal year, the bank said on Thursday, after it pleaded guilty to violating a U.S. law aimed at
October 10, 2024
Sanofi is closing in on a deal to sell its consumer health unit for about 15 billion euros ($16.4 billion) to U.S. private equity firm Clayton Dubilier & Rice (CD&R), a
October 10, 2024
Bayer must pay $78 million to a Pennsylvania man who said he got cancer from using the company's Roundup weedkiller, a state court jury in Philadelphia found on Thursday.
October 10, 2024
TD Bank became the largest bank in U.S. history to plead guilty to Bank Secrecy Act program failures on Thursday, and the first bank in history to plead guilty to conspiracy to
October 10, 2024
Teva Pharmaceutical Industries Ltd has agreed to pay $450 million to resolve allegations it used charities that help cover Medicare patients' out-of-pocket drug costs
October 10, 2024
Hurricane Milton could cause up to $50 billion in insured losses for Florida property owners, pushing insurers' estimated losses in the state over $100 billion in
October 10, 2024
The World Bank's executive board on Thursday approved the creation of a financial intermediary fund (FIF) to support Ukraine, with contributions expected from
October 10, 2024
A Canadian mini budget later this year might contain no spending measures, an unusual move that would deprive the opposition of another chance to topple Prime
October 10, 2024
Russian authorities are set to raise the one-off contribution that foreign companies leaving the country must make to the state treasury to as high as 35% from 15%, the RBC business daily
October 10, 2024
Fed policymakers will be paying close attention to the latest data as their next policy meeting draws nearer.
October 10, 2024
France's government presented on Thursday its 2025 budget aimed at plugging a gaping hole in the public finances with 60 billion euros ($65.68 billion) worth of tax hikes and
October 10, 2024
Canada's TD Bank agreed to pay a combined $3 billion in penalties on Thursday as part of a settlement with U.S. authorities over charges it failed to monitor and prevent money laundering.
October 10, 2024
TD Bank will pay approximately $3 billion in a historic settlement with U.S. authorities who say the financial institution’s lax practices allowed significant money laundering over multiple years
October 10, 2024
Shares of former U.S.
October 10, 2024
Tens of millions of older Americans will see a 2.5% increase in benefits this January when a new cost-of-living adjustment is added to Social Security payments
October 10, 2024
TD Bank hit with record $3 billion fine over drug cartel money laundering
October 10, 2024
The Swiss National Bank could cut interest rates again this year, Vice Chairman Antoine Martin said on Thursday, citing the current moderate economic growth in the
October 10, 2024
Mortgage rates surged for the second-straight week after hitting two-year lows
October 10, 2024
(This Oct. 10 story has been corrected to remove Saudi Arabia as a member of BRICS, in paragraph 2.
October 10, 2024
Republican presidential candidate Donald Trump on Thursday proposed making interest on car loans tax-deductible and preventing Chinese
October 10, 2024
Citigroup has formed an executive team of senior leaders from its corporate and investment bank, according to an internal memo seen by Reuters on Thursday, as the U.S. lender aims to
October 10, 2024
The average rate on the popular U.S. 30-year mortgage rate increased to 6.32% this week, its largest one week increase since April, as a string of stronger-than-expected economic data
October 10, 2024
The Bank of Mexico's five-member governing board expects easing inflation could allow further reductions to its benchmark interest rate, minutes from the bank's September
October 10, 2024
Federal Reserve Bank of New York President John Williams said Thursday he expects more rate cuts lie ahead as inflation pressures continue to moderate.
October 10, 2024
TD Bank
Italy is considering U.S. energy group Westinghouse or France's EDF as potential international partners for a state-backed
October 10, 2024
U.S. retirees will receive a 2.5 percent increase in their Social Security checks in 2025, the Social Security Administration said on Thursday, translating into an average of roughly $50
October 10, 2024
A Florida factory that makes IV fluids critical to hospitals nationwide will restart after shutting down while Hurricane Milton tore through the state
October 10, 2024
Chicago Federal Reserve Bank Austan Goolsbee on Thursday said he sees a series of interest-rate cuts over the next year to year and a half, noting that inflation is now near the Fed's 2%
October 10, 2024
Investors will be looking for evidence that investment in artificial intelligence among S&P 500 companies is beginning to pay off as the reporting season
October 10, 2024
Ukraine's consumer inflation rose to 8.6% year-on-year in September driven by rising energy prices, higher business costs, and a lower harvest, the statistics service said on Thursday
October 10, 2024
America’s inflation is getting back to normal. But price problems persist
October 10, 2024
The corporate clash between Pfizer and Starboard Value heated up on Thursday when the activist investment firm pressed the U.S. drugmaker to
October 10, 2024
The World Trade Organization has raised its outlook for global goods trade this year slightly, but cautions that increasing geopolitical tensions and uncertainty over economic policy pose “substantial” risks to its forecast
October 10, 2024
U.S. consumer prices rose slightly more than expected in September, but the annual increase in inflation was the smallest in more than 3-1/2 years, potentially keeping the Federal Reserve
October 10, 2024
Bank of Israel policymakers will be watching inflation data and whether the 2025 budget plans to continue a "very expansionary" fiscal policy to help determine
October 10, 2024
The number of Americans filing new applications for unemployment benefits surged last week, partially boosted by Hurricane Helene and furloughs at Boeing amid a nearly four-week
October 10, 2024
By Ann Saphir and Michael S.
October 10, 2024
Retail sales volumes in Brazil fell less than expected in August from July, government statistics agency IBGE said on Thursday.
October 10, 2024
The number of Americans filing for unemployment benefits last week jumped to its highest level in a year, which analysts are saying is more likely a result of Hurricane Helene — and the Boeing strike — than a broader softening in the labor market
October 10, 2024
U.S. consumer prices rose slightly more than expected in September amid higher food costs, but the annual increase in inflation was the smallest in more than 3-
October 10, 2024
Delta reports a profit despite its service meltdown
October 10, 2024
United Airlines does not expect a strike by factory workers at Boeing to have any impact on its flight schedule for next summer, including new route launches,
October 10, 2024
Delta Air Lines says third-quarter earnings fell 26% largely because of fallout from a technology outage that caused several thousand canceled flights in July
October 10, 2024
IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking home furniture
October 10, 2024
Air India has continued a dramatic bid to recapture a place among top carriers by placing a new order for 85 Airbus jets and now eyes more Boeings
October 10, 2024
For many parents, it is a familiar, sinking feeling: Adding your kid as an authorized user to your debit or credit card – and then seeing a surprise purchase pop
October 10, 2024
Domino's Pizza fell short of Wall Street estimates for third-quarter U.S. comparable sales growth on Thursday as restaurant operators intensified their pursuit for price
October 10, 2024
Canada's Bank of Montreal is betting on a recovery in U.S. wine sales, juicing up the business it acquired through last year's $16-billion purchase of Bank of the
October 10, 2024
A crackdown by the U.S. consumer finance watchdog on hidden or excessive financial fees could expand to target billions of dollars in
October 10, 2024
As Amazon's Prime Day kicked off the holiday shopping season this week, U.S. consumers are expected to spend a record $18.5 billion using buy now, pay later for purchases in
October 10, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. stocks at new records and devastating Hurricane Milton now weakening as it passes over Florida, the shifting U.S. interest
October 10, 2024
Wall Street's main indexes closed lower on Thursday as investors looked to higher-than-expected inflation and unemployment claims for indications
October 10, 2024
China's former deputy central bank governor, Fan Yifei, has been sentenced to death for taking bribes with a two-year reprieve, state media said on Thursday, amid a sweeping anti-
October 10, 2024
Parliament approved Ukraine's first major wartime tax increases on Thursday to shore up its finances as war with Russia drags on with no end in sight.
October 10, 2024
Bank of Japan Deputy Governor Ryozo Himino said on Thursday the central bank will consider raising interest rates if the board has "greater confidence" that its
October 10, 2024
Investors went wild for China during its big holiday. But Chinese shoppers showed little of that optimism
October 10, 2024
The Russian rouble weakened further on Thursday, remaining at its lowest against the U.S. dollar and China's yuan since October 2023.
October 10, 2024
China's exports are likely to have risen at the slowest pace in five months in September, suggesting manufacturers are no longer rushing out orders ahead of tariffs from several
October 10, 2024
Mercedes-Benz saw a slight drop in cars sales in the third quarter as weaker demand, particularly in Asia, outweighed improved product availability, the carmaker said on Thursday.
October 10, 2024
European shares closed lower on Thursday, with defence and industrial stocks leading losses, after data showed U.S. inflation ticked
October 10, 2024
"Buy new bonds.
October 10, 2024
Sluggish demand and stiff competition in China hit third quarter sales at BMW and Mercedes, the German luxury automakers said on Thursday.
October 10, 2024
GSK shares jumped as much as 6.5% on Thursday after the British drugmaker struck a $2.2 billion settlement over U.S. lawsuits that alleged its discontinued
October 10, 2024
Foreign investors increased their purchases of Japanese stocks in the week ended Oct. 5, as the yen weakened following Prime Minister Shigeru Ishiba's dovish remarks, boosting appetite for
October 10, 2024
Japan's improving economic conditions and receding U.S. recession worries are likely to bring prospects of a December or January interest rate hike back into view,
October 10, 2024
Qatar is planning initiatives to boost private sector growth in the Gulf state, including writing off some loans to Qatari companies made during the COVID-19 pandemic, state
October 10, 2024
The Japanese operator of the Uniqlo clothing chain booked its third consecutive year of record earnings on Thursday, with its leader laying out an aggressive plan for
October 10, 2024
The World Bank raised its growth forecast for South Asia to 6.4% in 2024 from an earlier estimate of 6.0%, citing the strength of
October 10, 2024
UBS's technology chief is confident that the hugely complex integration of Credit Suisse, bringing its former rival's clients and data onto its own platforms, is "bang
October 10, 2024
Initial public offerings (IPOs) are slowly coming back in Europe after a summer lull.
October 10, 2024
France's government delivered its 2025 budget on Thursday with plans for 60 billion euros ($65.68 billion) worth of spending cuts and tax hikes on the
October 10, 2024
A tight U.S. presidential race is leading some investors to brace for an unclear or contested election result that could trip up this
October 10, 2024
Rio Tinto's $6.7 billion buyout of Arcadium will give it a suite of lithium filtration technologies that are poised to revolutionize how the metal is
October 10, 2024
Nearly 86% of Japanese households expect prices to rise a year from now, a quarterly survey showed on Thursday, a sign of heightening inflation
October 10, 2024
A look at the day ahead in European and global markets from Ankur Banerjee Chinese stocks were back at it and surging on Thursday, shaking off the previous day's slump, with the focus on a Saturday
October 10, 2024
Swiss fragrance and flavour maker Givaudan reported third-quarter sales above expectations on Thursday driven by sustained high demand across its markets
October 10, 2024
If Republican former President Donald Trump wins the U.S. election on Nov. 5 he is expected to swiftly overhaul the country's financial regulators, which under
October 10, 2024
Venture capital investors in the United States remained cautious about dealmaking amid economic uncertainty, according to a PitchBook-NVCA report released on Thursday,
October 10, 2024
Millions of retirees who receive Social Security benefits will see a 2.5% cost-of-living increase to their monthly checks beginning in January
October 10, 2024
Donald Trump’s contributions from small-dollar donors have plummeted since his last bid for the White House, presenting the former president with a financial challenge as he attempts to keep pace with Democrats’ fundraising machine
October 10, 2024
Seven & i Holdings announced on Thursday a roadmap to hive off underperforming businesses and focus on its convenience store operations, as the retailer aims to fend
October 10, 2024
Mexico's Senate unanimously passed a constitutional reform guaranteeing the country's minimum wage will be revised annually to at least match inflation.
October 10, 2024
Global stocks were little changed while longer-dated U.S.
October 10, 2024
Former Pfizer CEO Ian Read and ex-CFO Frank D'Amelio said they will not be involved with activist investor Starboard Value, which reportedly wants the U.S. drug giant to make changes to
October 10, 2024
U.S. stocks edged back from their record highs
October 10, 2024
India's retail inflation in September likely overshot the Reserve Bank of India's (RBI) 4% medium-term target for the first time since July due
October 10, 2024
India's scrapping of a time-consuming compliance step will accelerate the pace at which Indian startups domiciled abroad shift back home
October 10, 2024
Warren Buffett's Berkshire Hathaway has raised 281.8 billion yen ($1.9 billion) in a yen-denominated bond offer, a move analysts say lays the ground for
October 10, 2024
Oil prices jumped about 4% on Thursday on a spike in U.S. fuel use before Hurricane Milton barrelled across Florida, Middle East supply risks and signs that
October 10, 2024
Republican presidential candidate Donald Trump has pledged to lower taxes on U.S. citizens living abroad, in his latest attempt to lure voters before the Nov.
October 10, 2024
China's central bank said on Thursday it would start accepting applications from financial institutions to join a newly created funding scheme, initially worth 500
October 10, 2024
The U.S. dollar slipped against the yen on Thursday as investors weighed data showing labor market weakness as well as a slight uptick in consumer prices,
October 09, 2024
The New Zealand government reported a larger-than-expected budget deficit for the 2023-24 year as lower growth hurt government revenue, the government’s accounts released
October 09, 2024
Japan's wholesale inflation accelerated in September but prices of imported goods slid due to the yen's rebound, data showed on Thursday, suggesting that price
October 09, 2024
Canada's TD Bank is expected to pay about $3 billion in penalties as part of a settlement with U.S. regulators and prosecutors over charges it failed to properly monitor money laundering
October 09, 2024
More than a third of Japanese companies are likely to miss their earnings projections for the first half of the business year that commenced in April due to slow
October 09, 2024
British finance minister Rachel Reeves may need to announce a 25 billion pound ($33 billion) tax rise in her first budget on Oct. 30 to help shore up public
October 09, 2024
Britain on Thursday launched a trade sanctions unit with new powers to penalise companies that fail to comply with restrictions on exporting services to Russia.
October 09, 2024
San Francisco Federal Reserve Bank President Mary Daly on Wednesday said she "fully" supported the U.S. central bank's half-of-a-percentage-point interest-rate cut last month, and said one
October 09, 2024
The recent pullback in mortgage rates and expectations of further easing next year may be motivating more U.S. homeowners to list their home for sale
October 09, 2024
Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race
October 09, 2024
Florida's sun and low taxes enticed many hedge funds and other financial professionals to move south.
October 09, 2024
A dozen of the largest multilateral development banks could collectively lend a further half-trillion dollars before facing rating downgrades, Fitch said in a Wednesday report, following a
October 09, 2024
A look at the day ahead in Asian markets.
October 09, 2024
A deal between Brazilian airline Azul and its lessors to swap more than $500 million in obligations for an equity stake is good news for planemaker Embraer,
October 09, 2024
Form Energy, a company that is beginning to produce a longer-lasting alternative to lithium batteries, hit a milestone Wednesday with an announcement of $405 million in funding
October 09, 2024
What to know about FEMA’s $750 hurricane disaster payments
October 09, 2024
Recession fears are fading. Now it’s time for America’s companies to back that up
October 09, 2024
Three cryptocurrency companies and 15 people have been charged with engaging in widespread fraud and market manipulation following an investigation in which the FBI
October 09, 2024
Stellantis CEO Carlos Tavares is planning a deep management reshuffle amid the automaker's profit warning, Bloomberg News reported on Wednesday, citing people familiar with the matter.
October 09, 2024
The office of Ecuador's President Daniel Noboa said in a statement on Wednesday it has replaced Energy Minister Antonio Goncalves, as the Andean country grapples with planned power
October 09, 2024
The interest rate for the most popular U.S. home loan rose to 6.36% last week, marking the biggest weekly increase in more than a year after better-than-expected economic data caused
October 09, 2024
EU envoys agreed on Wednesday to give Ukraine up to 35 billion euros as part of the bloc's share in a larger planned loan from the Group of Seven nations (G7) backed
October 09, 2024
Holders of billions of dollars in Venezuelan bonds and notes have emerged as last-minute protagonists in a U.S. court case set to decide the ownership of oil
October 09, 2024
U.S. wholesale inventories rose less than initially thought in August amid a sharp moderation in the pace of increase in motor vehicle stocks, a trend that if sustained could
October 09, 2024
GSK has agreed to pay up to $2.2 billion to settle most lawsuits in U.S. state courts claiming that a discontinued version of the heartburn drug Zantac caused cancer, the
October 09, 2024
The Securities and Exchange Commission and a top financial industry group said they were closely monitoring the impact of Hurricane
October 09, 2024
A U.N. tribunal has ordered a former high-ranking official to repay the United Nations $58.8 million lost in deals he made with a British businessman who showered him with interest-free loans, a Mercedes for his wife and perks for his sons
October 09, 2024
Partners Group-backed KinderCare Learning Companies notched a market valuation of about $3.1 billion after its shares opened 12.5% above its initial
October 09, 2024
U.S. regional banks preparing for higher capital requirements will get some relief from the Federal Reserve's jumbo rate cut.
October 09, 2024
Social Security recipients are expected to receive a smaller cost-of-living increase in January than in recent years as inflation moderates
October 09, 2024
Widening U.S. budget deficits and inflationary trade policies after the Nov. 5 presidential election could weigh on U.S. government bonds despite the near-term
October 09, 2024
Siemens Energy Inc has filed a lawsuit in a Texas court against Citgo Petroleum's parent, PDV Holding, seeking to recoup about $200 million from a promissory
October 09, 2024
Inflation figures released on Wednesday painted opposite scenarios for Latin America's two largest economies, indicating that Brazil will keep tightening its
October 09, 2024
Melinda French Gates launches a $250 million women’s health fund
October 09, 2024
Dallas Federal Reserve Bank President Lorie Logan on Wednesday said she supported last month's outsized interest-rate cut but wants smaller reductions ahead, given "still real" upside
October 09, 2024
The money you forfeit when you cash out of your 401(k) can be staggering
October 09, 2024
Consumer prices in Brazil accelerated in September from the previous month due to higher electricity and food costs amid a major drought, reinforcing
October 09, 2024
Foreign money is leaving Asian equities, excluding China, this month as concerns about hefty stock valuations and conflict in the Middle East spur investors to book profits
October 09, 2024
Mexico's 12-month headline inflation rate fell again in September, after easing in the previous month, raising expectations that the central bank will continue to cut its benchmark interest
October 09, 2024
JPMorgan Chase & Co CEO Jamie Dimon recently confronted public pension fund managers about channeling more of their investments into private assets, a trend he said could be
October 09, 2024
Sales of U.S. automaker Tesla's China-made electric vehicles rose 19.2% in September from a year earlier, data from the China Passenger Car Association (CPCA) showed on Wednesday.
October 09, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall St stocks roared back on Tuesday just as China doubts re-emerge - but a scattergun week now has investors navigating the impact
October 09, 2024
It may not quite be the famous question of Shakespeare’s Hamlet, but it is something very much on the minds of U.S. homeowners these days: To refi or not to refi?
October 09, 2024
Ethiopia's bondholders will have to take a writedown as part of the country's debt restructuring, State Finance Minister Eyob Tekalign told Reuters, adding he
October 09, 2024
Wall Street stocks advanced on Wednesday with the S&P 500 and the Dow scoring record closing highs after the release of Federal Reserve meeting
October 09, 2024
CVS Health, UnitedHealth Group and Cigna have asked U.S.
October 09, 2024
Minutes of the U.S.
October 09, 2024
Melinda French Gates will grant $250 million to support women’s health around the world through an open call for nonprofits to apply for funding
October 09, 2024
European
October 09, 2024
Hurricane Milton could result in losses of up to $100 billion for the global insurance industry, creating a surge in 2025 reinsurance prices
October 09, 2024
Bonuses for Wall Street dealmakers could expand by 7.4% in 2024 as a rebound in dealmaking boosts fees pocketed by investment banks, according to a report published by New York State
October 09, 2024
Carmaker Stellantis is on course to secure Italian government backing for its planned sale of a majority stake in robotics business Comau to One Equity Partners, a source close to the
October 09, 2024
Senate candidate Dave McCormick led hedge fund that bet against some of Pennsylvania’s most iconic companies
October 09, 2024
The global economy could face losses of $14.5 trillion over a five-year period from a hypothetical geopolitical conflict which hits supply chains, insurance market Lloyd's of London
October 09, 2024
China's new yuan loans likely jumped in September from August, a Reuters poll showed on Wednesday, as the central bank ramps up stimulus to drive the
October 09, 2024
Several European Central Bank policymakers argued their case on Wednesday for another interest rate cut next week, even if some of their colleagues remained
October 09, 2024
Daimler Truck on Wednesday said third quarter sales fell by 11%, dragged down by its main Mercedes-Benz Trucks brand and its Asian unit.
October 09, 2024
European stocks settled higher on Wednesday, bouncing from losses in the previous session as investors focussed on upcoming interest
October 09, 2024
Singapore's central bank is widely expected to keep monetary policy unchanged next week and hold off easing settings amid inflation and growth uncertainties caused
October 09, 2024
A group of more than 1,000 striking workers at the Samsung Electronics factory in southern India has rejected a settlement offer made by the company on wage
October 09, 2024
The surprise inclusion of South Korean sovereign bonds in the FTSE Russell's benchmark bond index is expected to give the won currency a boost on Thursday
October 09, 2024
China's anti-dumping measures against brandies imported from the European Union are "legitimate trade remedy measures", the commerce ministry said on Wednesday, a day after imposing
October 09, 2024
Some Indian non-banking finance companies (NBFCs) are aggressively pursuing growth and chasing excessive returns on equity, which could pose financial stability risks, the central
October 09, 2024
The dollar just had its best week in two years, showing once again how dangerous it can be to bet against the U.S. currency if the rest of the world just won't let it
October 09, 2024
Japan X-ray testing tool maker Rigaku set a tentative initial public offering (IPO) price range of 1,230 to 1,260 yen ($8.48) per share against an initial estimate of 1,230 yen, a
October 09, 2024
France's government has put the country's explosive pensions issue back on the agenda as it seeks to reduce a gaping budget hole.
October 09, 2024
China's finance ministry will detail plans on fiscal stimulus to boost the economy at a highly-expected news conference on Saturday, the government's main information office said
October 09, 2024
The European Central Bank (ECB) is "very likely" to reduce its interest rates next week, policymaker Francois Villeroy de Galhau said on Wednesday.
October 09, 2024
TSMC, the world's largest contract chipmaker, reported on Wednesday third-quarter revenue that easily beat both the market and company's own forecasts as it reaped the benefit from
October 09, 2024
Rio Tinto has agreed to buy U.S. based Arcadium Lithium for $6.7 billion, it said on Wednesday, a deal that will catapult it to become
October 09, 2024
U.S. stocks rose to records after the latest wild swerves for Chinese stocks left few ripples in markets worldwide
October 09, 2024
The Reserve Bank of India (RBI) kept its key interest rate unchanged on Wednesday as widely expected, but changed its policy stance to "neutral",
October 09, 2024
A look at the day ahead in European and global markets from Tom Westbrook Gravity brought China's soaring stock market back to earth with a thud on Wednesday.
October 09, 2024
European Central Bank (ECB) policymaker Yannis Stournaras is backing two interest rate cuts this year and expects further easing in 2025 as inflation continues to trend lower, he told the
October 09, 2024
Hyundai Motor India's $3.3 billion IPO opened for bids on Tuesday, aiming for a valuation of up to $19 billion in India's largest share sale yet.
October 09, 2024
Hyundai Motor India has set a price range of 1,865 rupees ($22) to 1,960 rupees ($23) for its initial public offering (IPO) that opens next week for subscriptions, a advertisement in the
October 09, 2024
Oil prices fell on Wednesday after U.S. data showed rising crude inventories, but losses were limited by the risk of Iranian supply disruptions caused by the
October 09, 2024
Global stocks advanced on Wednesday along with U.S.
October 09, 2024
‘I am not Satoshi Nakamoto’: Subject of HBO documentary denies he invented bitcoin
October 09, 2024
Chinese stocks tumbled on Wednesday alongside their Hong Kong peers, as investors sought to profit from a blistering rally, which was dampened by the lack of powerful
October 09, 2024
The U.S. dollar edged higher on Wednesday, taking in stride the release of minutes from the Federal Reserve's September meeting that showed a
October 09, 2024
New Zealand's central bank slashed rates by 50 basis points on Wednesday and said policy is still restrictive even though inflation has returned to target,
October 09, 2024
Canada's Alimentation Couche-Tard (ACT) has made a revised bid for Seven & i Holdings, the Japanese company said on Wednesday, which two people familiar
October 09, 2024
The Federal Reserve's 50-basis-point interest-rate cut last month was "timely" and was neither reactive, nor proactive, Fed Vice Chair Philip Jefferson said on Tuesday.
October 08, 2024
Federal Reserve Vice Chair Philip Jefferson on Tuesday said the U.S. central bank's half-percentage-point interest-rate cut last month was aimed at keeping the labor market strong even as
October 08, 2024
British business confidence fell in the third quarter as tax worries hit investment, according to a survey of accountants that chimes with similar concerns from
October 08, 2024
The Japanese owner of casual wear giant Uniqlo is projected to beat its own forecast in what would be a third straight year of record profits as its brand makes inroads
October 08, 2024
The Congressional Budget Office estimated on Tuesday a U.S. federal deficit of $1.834 trillion for fiscal 2024, the highest in the post-COVID era, as debt
October 08, 2024
US budget deficit hits $1.8 trillion for fiscal 2024, per CBO
October 08, 2024
A look at the day ahead in Asian markets.
October 08, 2024
Boeing is examining options to raise billions of dollars through a sale of stock and equity-like securities, two
October 08, 2024
Citigroup's lawyers have urged U.S.
October 08, 2024
British Finance Minister Rachel Reeves will likely free up 10 billion to 20 billion pounds' ($13.1 billion - $26.2 billion) worth of room to borrow for capital investment by tweaking
October 08, 2024
Pfizer CEO Albert Bourla plans to meet key executives of activist hedge fund Starboard Value next week, the Financial Times reported on Tuesday, citing people familiar with the matter.
October 08, 2024
Unifor said on Tuesday it has initiated contract negotiations with Canadian Pacific Kansas City, just weeks after it opened negotiations with Canadian National Railway.
October 08, 2024
Global ratings agency S&P said on Tuesday it had placed Boeing's rating on CreditWatch negative as about 33,000 of the U.S. planemaker's workers remain on strike, halting production of its
October 08, 2024
McDonald’s has some beef with today’s largest meat packers
October 08, 2024
People who lived near the disastrous East Palestine train derailment last year should still be able to receive personal injury payments even while the bulk of their $600 million class action settlement with Norfolk Southern railroad remains on hold during an appeal
October 08, 2024
The Italian government's 1% economic growth target for this year will be more difficult to reach after downward revisions made last week by national
October 08, 2024
Argentina's monthly inflation rate is expected to have slowed to 3.5% in September, which would be the lowest monthly rate since the end of 2021, a Reuters poll of economists
October 08, 2024
Warren Buffett-led Berkshire Hathaway further cut its stake in Bank of America, a late Monday filing showed, netting the investment giant more than $10
October 08, 2024
JPMorgan Chase and Wells Fargo kick off earnings for the sector on Friday, and investors are expected to focus on the big banks' forecasts for net interest income
October 08, 2024
Euro zone inflation is on the decline but the European Central Bank must remain vigilant and ensure that price growth settles at its 2% target even over the medium term,
October 08, 2024
Kosmos Energy said on Tuesday a Paris-based arbitrator has ruled in favour of BP, prohibiting Kosmos from selling to third parties liquefied natural gas from the
October 08, 2024
From northern Quebec's tundra to Argentina's Andes Mountains and the plateaus of Western Australia, Arcadium's lithium portfolio, brought together over
October 08, 2024
Bank of America has named Eamon Brabazon co-head of global mergers and acquisitions, alongside Ivan Farman, according to an internal email seen by Reuters.
October 08, 2024
Mexico's Walmex, the local unit of U.S.-based retail giant Walmart, expects antitrust watchdog Cofece to soon announce its final ruling stemming from a probe into
October 08, 2024
Crypto.com filed a lawsuit against the U.S.
October 08, 2024
Investment banker John LaVoie is joining Citigroup to head up its U.S. West Coast private equity dealmaking unit, according to an internal memo seen by Reuters on Tuesday.
October 08, 2024
Brazilian airline Azul is looking to raise fresh capital after it clinched a deal with lessors to scrap nearly $550 million in obligations, easing market
October 08, 2024
Gold and coffee helped to deliver trend-following hedge funds a positive result in September, a Societe Generale note showed on Tuesday, thanks to record
October 08, 2024
Kenya's central bank slashed its benchmark lending rate to 12.00% from 12.75% on Tuesday, in a move aimed at stimulating credit to the private sector, the bank's
October 08, 2024
Brazilian President Luiz Inacio Lula da Silva's nominee to lead the central bank, Gabriel Galipolo, said on Tuesday that the leftist leader was emphatic and clear
October 08, 2024
The European Union delegation to Georgia said on Tuesday that the South Caucasus country would lose 121 million euros ($130 million) in funding from the bloc as a result of "democratic
October 08, 2024
Spending in presidential and congressional races projected to hit nearly $16 billion and smash records, new analysis shows
October 08, 2024
Canada recorded a bigger-than-expected trade deficit of C$1.1 billion ($806 million) in August, its sixth consecutive monthly shortfall, as imports
October 08, 2024
Hindenburg Research disclosed a short position in Roblox on Tuesday, alleging that the gaming platform popular among young children inflated metrics including user
October 08, 2024
Hungary will hold up a final deal on a $50 billion G7 loan to Ukraine until after the U.S. presidential election by delaying its decision on the timing of
October 08, 2024
Global physically backed gold exchange-traded funds (ETFs) registered a fifth consecutive month of inflows in September as North America-listed funds added to their holdings, the
October 08, 2024
The European Central Bank (ECB) will cut its deposit rate by 25 basis points on Oct. 17 and again in December, according to more than 90% of economists polled
October 08, 2024
Shein's British business made 1.55 billion pounds ($2 billion) in revenue in 2023, a filing by the online fast-fashion group showed on Tuesday, as it prepares for a hotly
October 08, 2024
Japan's new economy minister, Ryosei Akazawa, said on Tuesday the government has trust in the central bank's decision on how soon to raise interest rates again, amid
October 08, 2024
A Couche-Tard takeover of 7-Eleven owner Seven & i would position the combined convenience store chain to dominate U.S. cigarette sales
October 08, 2024
Chinese lithium producers are flooding the global market with the critical metal and causing a "predatory" price drop as they seek to eliminate competing
October 08, 2024
Wall Street's benchmarks finished up on Tuesday, recouping some of the previous session's losses, as investors bought back in to technology stocks and investors shifted
October 08, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan World markets painted a messy picture on Tuesday, with recently pumped-up crude oil prices retreating sharply and disappointment
October 08, 2024
PepsiCo lowered its sales forecast for the year after consumers in the U.S., China and elsewhere pulled back on its snacks and drinks
October 08, 2024
The U.S. Federal Reserve is encouraging banks to count on its long-shunned cash backstops in a bid to support its monetary policy and financial stability goals.
October 08, 2024
The French government supports removing caps on household electricity taxes as it rushes to plug a massive hole in the country's finances, France's budget minister said on Tuesday.
October 08, 2024
Honeywell will spin off its advanced materials unit into a publicly traded company, the U.S. conglomerate said on Tuesday, simplifying its business to sharpen its focus on aviation,
October 08, 2024
Hyundai Motor India's IPO will open next week for subscriptions and will likely be priced in the range of 1,865 to 1,960 rupees ($22
October 08, 2024
Pro-Palestinian activists targeted the British offices of German financial services firm Allianz on Tuesday, daubing the outside with red paint in protest over the company's links to
October 08, 2024
Britain's benchmark FTSE 100 recorded its worst day in two months on Tuesday led by losses in miners after China refrained from specifying measures to stimulate its economy
October 08, 2024
European stocks settled lower on Tuesday, as a lack of fresh details over China's stimulus measures sparked a selloff in sectors linked
October 08, 2024
Hyundai Motor said in a regulatory filing on Tuesday that it will sell 142 million shares it holds in Hyundai Motor India for the latter's initial public offering.
October 08, 2024
A subsidiary of Sweden's Northvolt filed for bankruptcy on Tuesday after the project it was developing was cancelled, court filings showed, while the rest of the cash-strapped
October 08, 2024
Chinese drinkers may pay more for Remy Martin and other European brandies after the government announced provisional tariffs of 30.6% to 39% on Tuesday
October 08, 2024
Federal Reserve Governor Adriana Kugler said on Tuesday she strongly supported the U.S. central bank's recent interest rate cut and will support further reductions if inflation continues to
October 08, 2024
China gives $28 billion to local governments as it vows to meet economic targets
October 08, 2024
Britain's Vodafone said on Tuesday it has deepened its strategic partnership with Alphabet's Google in a ten-year, billion dollar plus deal that will bring the U.S. tech giant's new
October 08, 2024
By Medha Singh and Lisa Pauline Mattackal Bitcoin has been distinctly listless in the past three months after starting the year with a bang.
October 08, 2024
Investors flooded U.S.-based exchange-traded funds (ETFs) that target Chinese markets with $5.2 billion in new assets in the past week when mainland China's financial
October 08, 2024
A look at the day ahead in European and global markets from Rae Wee Investors hoping for a roaring restart to China's stock rally, after the mainland's week-long holiday, were disappointed on Tuesday
October 08, 2024
Federal Reserve Bank of New York President John Williams said that it will be appropriate again for the central bank to reduce rates 'over time,' after September's big half percentage point
October 08, 2024
Bundesbank President Joachim Nagel is open to considering another European Central Bank interest rate cut at its meeting next week, he told Table Media, adding German economic
October 08, 2024
U.S. stocks rebounded after falling oil prices released some of the pressure that built up on the market
October 08, 2024
A sharp rally in China shares at Tuesday's open lost steam as a hotly anticipated briefing by the country's state planner failed to sustain optimism for further stimulus.
October 08, 2024
China's stock markets roared back from a week-long break to reach their highest levels in more than two years at the open, before paring
October 08, 2024
The dollar held firm on Tuesday, treading water just under last week's seven-week highs as investors assessed the outlook for further U.S.
October 08, 2024
A gauge of global stocks advanced on Tuesday after a rally on Wall Street overshadowed disappointment over the lack of details in China's stimulus, as investor
October 07, 2024
The Bank of Korea will cut its key interest rate by 25 basis points to 3.25% on Friday, according to a majority of economists polled by Reuters
October 07, 2024
Samsung Electronics warned its third-quarter profit would come in below market expectations and apologised for the disappointing
October 07, 2024
Japan's inflation-adjusted wages fell in August while household spending also declined, but analysts say underlying trends point to a gradual
October 07, 2024
British shoppers increased their spending slightly in annual terms in September, according to a survey on Tuesday that showed demand for tickets for the reunion of
October 07, 2024
A look at the day ahead in Asian markets.
October 07, 2024
Federal Reserve Bank of St.
October 07, 2024
British firms have grown more downbeat about the outlook as concerns about the tax impact of the new Labour government's upcoming autumn budget and conflict in the Middle East
October 07, 2024
Match Group said on Monday Steven Bailey will take over as its new finance chief early next year, adding that the move underscores the company's focus on driving long-term strategic growth
October 07, 2024
A U.S. congressional watchdog has found no evidence that a 2012 Securities and Exchange Commission (SEC) conflict minerals disclosure rule has
October 07, 2024
Precidian Investments launched hedged ADRs on Monday that U.S. investors can use to buy foreign-listed stocks while limiting the impact of fluctuating currencies
October 07, 2024
FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up to $16.5 billion in assets recovered since
October 07, 2024
The European Central Bank should proceed with caution on further interest rate cuts given inflation had not yet been overcome, Austrian central bank Governor Robert Holzmann told
October 07, 2024
The cost of a Mega Millions lottery ticket will soon more than double, but officials said they’re confident players won’t mind paying more after changes that will lead to larger prizes and more frequent winners
October 07, 2024
Euro zone finance ministers will announce next month what they want to do to boost the EU's competitive position against China and the United States,
October 07, 2024
The U.S. Department of Justice said in a court filing on Monday that bankrupt electric vehicle maker Fisker's plan to pass on the costs of vehicle recalls to customers is illegal.
October 07, 2024
Why a key borrowing rate is above 4% again
October 07, 2024
Republican presidential candidate Donald Trump's tax and spending plans would produce more than twice as much new debt as the plans from Vice President Kamala
October 07, 2024
Goldman Sachs has derivative positions in UniCredit equivalent to a 6.7% stake in the Italian bank as of Sept. 30, mostly swap and future contracts as well as call options, a
October 07, 2024
Mexico's annual inflation rate likely fell again in September, a Reuters poll of analysts showed on Monday, raising expectations that the central bank will continue cutting its
October 07, 2024
The global soccer transfer market is worth more than $10 billion each season but is facing a revolutionary overhaul or a nuanced evolution following last week’s ruling by the European Court of Justice in the Lassana Diarra case
October 07, 2024
CNN’s Anderson Cooper talks to Washington Post reporter Philip Bump and New York Times reporter Ryan Mac about the evolution of former President Donald Trump and Elon Musk’s relationship and what each has to gain from their recent alliance.
October 07, 2024
The Bank of Israel (BoI) will keep short-term interest unchanged for a sixth straight policy meeting on Wednesday, as markets maintain their view rising
October 07, 2024
Tortilla-maker Gruma holds the power to fix higher prices in the corn flour market, Mexico's antitrust watchdog said in a preliminary decision on Monday,
October 07, 2024
Japan's Nissan Motor said on Monday it would invest an undisclosed amount in ChargeScape and roll out the battery charging technology company's services to its electric-vehicle drivers
October 07, 2024
U.S. money market funds saw massive inflows in the week to Oct. 2 as investors sought safer assets on caution ahead of a key payrolls report amid heightened geopolitical concerns in the
October 07, 2024
Global money market funds attracted large inflows in the week to Oct. 2 as investor caution ahead of a key U.S. payrolls report and heightened geopolitical tensions in the Middle East
October 07, 2024
Lucid Group beat market expectations for third-quarter deliveries on Monday, as discounts and cheaper financing options for its luxury electric vehicles boosted demand in
October 07, 2024
Premier luxury wine maker Duckhorn Portfolio said on Monday it would be taken private by Butterfly Equity in an all-cash deal worth $1.95 billion.
October 07, 2024
The uptrend in demand for metals such as copper used in electric vehicles is intact despite doubts raised by the slowdown in EV sales, but estimating numbers is
October 07, 2024
Three healthcare startups are looking to raise up to $400 million in their U.S. initial public offerings, underscoring the sector's strong rebound in 2024 after a two-year
October 07, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan With any thought of U.S. recession off the agenda after a monster September jobs report, doubts about the extent of further Federal
October 07, 2024
Wall Street's three major indexes closed down around 1% on Monday while Treasury yields rose, as traders tamped down bets for Federal Reserve
October 07, 2024
Norway's Equinor has bought a 9.8% stake valued at around $2.5 billion in Danish offshore wind farm developer Orsted, it said on
October 07, 2024
Samsung Electronics is not interested in spinning off its contract chip manufacturing business as well as its logic chip designing
October 07, 2024
Goldman Sachs has raised its target for the benchmark S&P 500 index for the year-end and the next 12 months on expectations of higher margin growth for corporate companies and a steady
October 07, 2024
Chevron is selling its assets in Athabasca Oil Sands and Duvernay Shale to Canadian Natural Resources for $6.5 billion, the oil giant said on Monday as it puts in motion
October 07, 2024
Investor morale in the euro zone unexpectedly rose in October after three consecutive months of decline, boosted by rising expectations even as dissatisfaction with the current
October 07, 2024
India's central bank has asked state-run and private lenders to refrain from betting heavily against the rupee in an effort to support the currency
October 07, 2024
Japanese Prime Minister Shigeru Ishiba said on Monday he had no plan for now to consider raising the country's tax on income from investments.
October 07, 2024
European stocks eked out marginal gains on Monday, with Orsted topping the STOXX index as Norway's Equinor bought a stake in the
October 07, 2024
Britain's benchmark FTSE 100 index rose on Monday, boosted by gains in energy shares and a softer labour market report, though losses in precious metal
October 07, 2024
Many companies in western Japan saw excessive yen declines as undesirable, Kazushige Kamiyama, the Bank of Japan's Osaka branch manager, said on Monday.
October 07, 2024
Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months by five percentage points to 15%, following the latest employment report that showed
October 07, 2024
Shell's refining profit margins dropped by nearly 30% in the third quarter from the previous three months as global demand sagged, while oil product trading earnings
October 07, 2024
Tokyo Metro has set a price range for an initial public offering at 1,100 to 1,200 yen per share, against an initial estimate of 1,100 yen, a regulatory filing showed on Monday.
October 07, 2024
BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence,
October 07, 2024
The Bank of Japan said broadening wage hikes were underpinning consumption and prodding more firms in regional areas to pass on rising labour costs, signalling the
October 07, 2024
The reverberations from a blowout U.S. employment number could threaten an assortment of trades predicated on falling interest rates, if
October 07, 2024
U.S. stocks slid after Treasury yields hit their highest levels since the summer and oil prices continued to climb
October 07, 2024
A look at the day ahead in European and global markets from Kevin Buckland What a difference a payrolls report makes.
October 07, 2024
No one is likely to be happy with the projected higher deficits laid out in a new analysis of Kamala Harris’ and Donald Trump’s economic plans
October 07, 2024
Vietnam will strive for a economic expansion of 7.6% to 8% in the last quarter of 2024 and is maintaining its full year target of 7% growth following positive results in the third
October 07, 2024
China's foreign exchange reserves rose more than expected in September, official data showed on Monday, as the dollar weakened against other major currencies.
October 07, 2024
China's central bank held back on buying gold for its reserves for a fifth straight month in September, official data showed on Monday, mainly due to a surge in prices for the
October 07, 2024
A gauge of global stocks declined on Monday and U.S.
October 06, 2024
Oil prices settled more than 3% higher on Monday, with Brent surpassing $80 per barrel for the first time since August as the increased risk of a region-wide Middle
October 06, 2024
The U.S. dollar stalled near a seven-week high on Monday as investors reassessed their positions after last week's strong U.S. jobs data and as
October 06, 2024
Japan's top currency diplomat on Monday issued a warning against speculative moves on the foreign exchange market as the yen fell below 149 per
October 06, 2024
Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer and wants the U.S. drug giant to make changes to turn its performance around, sources familiar with the
October 06, 2024
Samsung Electronics is expected to flag more than a four-fold jump in quarterly profit on Tuesday on improving demand for chips, but the pace of its recovery is
October 06, 2024
Britain's jobs market showed more signs of cooling in September as pay growth increased at the slowest pace in
October 06, 2024
A look at the day ahead in Asian markets.
October 06, 2024
While Americans continue to struggle under high rents, as many as 223,000 affordable housing units could disappear in the next five years alone
October 06, 2024
The new British government's first international investment summit will feature senior executives from companies including Google, Wayve and Brookfield Asset Management, the
October 05, 2024
The jobs number surpassed everyone’s expectations. Cue the complaints about the Fed
October 05, 2024
Venture capitalist Ben Horowitz said on Friday he will make a "significant donation" to entities supporting the Democratic presidential campaign of Vice
October 05, 2024
British finance minister Rachel Reeves said she will introduce "guardrails" to ensure that extra borrowing for investment in her first budget is not excessive
October 05, 2024
Hotel and casino operator Wynn Resorts said on Friday it had been awarded the first commercial gaming operator's license in the United Arab Emirates by the country's General Commercial
October 05, 2024
Vista Outdoor on Friday agreed to sell itself in parts to two separate buyers for a total of $3.35 billion, including debt, after fending
October 05, 2024
Citron Capital founder and short seller Andrew Left has asked a judge to dismiss the lawsuit by the U.S.
October 04, 2024
U.S. exchange-traded funds (ETFs) that invest in dividend-paying stocks have enjoyed a rush of inflows since the Federal Reserve kicked off its rate cutting cycle last
October 04, 2024
The U.S. Securities and Exchange Commission is investigating Fisker and has sent multiple subpoenas to the bankrupt EV maker, according to a filing by the regulator on Friday.
October 04, 2024
Rio Tinto has been holding talks to buy lithium miner Arcadium, three sources with direct knowledge of the negotiations said, a deal that would make Rio
October 04, 2024
Danish drugmaker Novo Nordisk will invest 864 million reais ($158.2 million) to revamp a plant in Brazil responsible for pumping out a quarter of its insulin production globally,
October 04, 2024
Berkshire Hathaway-owned BNSF Railway said that the members of International Sheet Metal, Air, Rail and Transportation union's railroad, mechanical and engineering department have voted to
October 04, 2024
OpenAI recently closed a $6.6 billion funding round at a $157 billion valuation that highlighted the enthusiasm around generative artificial-intelligence technology since the startup burst
October 04, 2024
A high-stakes corporate earnings season kicks into gear next week, with bullish investors hoping results will justify increasingly rich valuations in a U.S.
October 04, 2024
Jio Financial and U.S.-based BlackRock got in-principle approval from India's markets regulator to act as co-sponsors and set up a mutual fund business in the country, the Mukesh
October 04, 2024
Tencent Holdings and Ubisoft Entertainment's founding Guillemot family are considering options including a potential buyout of the "Assassin's Creed" maker, Bloomberg News reported on
October 04, 2024
Cost cuts at Commerzbank if UniCredit were to buy its German rival would mostly affect its head office not its branch network, UniCredit CEO Andrea Orcel was quoted as saying on
October 04, 2024
Republican Party's top bank, Chain Bridge Bancorp, was valued at $138 million after its shares fell 2% in their NYSE debut on Friday, marking a grim start to its stint as a
October 04, 2024
Shares in video game maker Ubisoft surged over 30% on Friday after Bloomberg reported that major shareholder Tencent and the Guillemot family, its founders, were considering a buyout
October 04, 2024
GE Aerospace will lay off nearly half the workers at a company site in New York state, according to a filing with the state.
October 04, 2024
Canadian economic activity rebounded in September after contracting in the prior month as the pace of price increases cooled to its slowest in six months, Ivey Purchasing Managers
October 04, 2024
Chicago Federal Reserve President Austan Goolsbee on Friday called the latest U.S. jobs report "superb" and said more labor market data along those lines would boost his confidence the
October 04, 2024
Coinbase will delist certain stablecoins in the European Economic Area by year's end, the cryptocurrency exchange said on Friday, as the industry braces for tougher regulation in the
October 04, 2024
A surge in U.S. job growth has financial markets betting the Federal Reserve will follow last month's half-point interest rate reduction with smaller moves, and ignited a
October 04, 2024
Tellurian shareholders have voted in favor of the U.S. LNG developer's proposed $1.2 billion acquisition by Australian energy producer Woodside Energy Group, the company said on Friday.
October 04, 2024
U.S. job growth accelerated in September and the unemploymentrate slipped to 4.1% from August's 4.2%, further reducing theneed for the Federal Reserve to maintain large interest ratecuts at
October 04, 2024
Sri Lanka's $12.5 billion bondholder debt rework has received support from bilateral creditors and the International Monetary Fund, the finance ministry said on
October 04, 2024
International Monetary Fund staff and officials in Ghana have reached an agreement on their third review of the West African country's $
October 04, 2024
Credit data company Experian has agreed to buy Brazilian cyber security firm ClearSale, it said on Friday, in a $350 million expansion of its footprint in Latin America's largest
October 04, 2024
Brazil's government late on Thursday published an executive order that effectively rolls out a minimum 15% tax on profits of multinational corporations, a publication in the
October 04, 2024
Shares of China's BingEx surged 17% on Friday as the courier delivery firm shrugged off a sluggish start to its Nasdaq debut.
October 04, 2024
Shares of Spirit Airlines plunged 37% to a record low on Friday after a report that the ultra low-cost carrier was discussing a potential
October 04, 2024
The Dow posted a record closing high on Friday and the Nasdaq ended with a more than 1% gain as a stronger-than-expected jobs report reassured investors
October 04, 2024
Fitch is unlikely to upgrade Brazil's credit rating in the near-term, despite its better-than-expected economic growth, because of
October 04, 2024
Rivian slashed its full-year production forecast on Friday and missed third-quarter deliveries expectations due to a parts shortage and slowing growth in electric-vehicle
October 04, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street has weathered an edgy start to the final quarter reasonably well this week, with the September employment report now an
October 04, 2024
Archer-Daniels-Midland Co is idling its only soybean processing plant in Iowa for weeks in the thick of a record U.S. harvest, the grain merchant
October 04, 2024
Friday’s jobs report could be the last normal one for a while
October 04, 2024
Japan's Seven & i Holdings is considering selling a stake in its supermarket unit ahead of a planned listing of the business, two sources said, as the 7-Eleven owner aims to speed up
October 04, 2024
The Bank of England should move only gradually with cutting interest rates, Chief Economist Huw Pill said on Friday, a day after Governor
October 04, 2024
Philippine annual inflation accelerated at its slowest rate in more than four years in September due to a slower rise in food prices and downtrend
October 04, 2024
European shares closed higher on Friday as a stronger-than-anticipated U.S. jobs report allayed growth fears in the world's biggest economy, though
October 04, 2024
It's a packed week ahead with U.S. inflation data, the start of Q3 earnings, a French budget and possibly a big rate cut from New Zealand.
October 04, 2024
The Philippines' inflation rate could settle around 3.2% this year, its finance minister said on Friday, giving room for the central bank to further cut rates.
October 04, 2024
Bank of Japan Governor Kazuo Ueda's efforts to lift rock-bottom borrowing costs face fresh challenges as a yen rebound and the new political leadership's preference
October 04, 2024
Singapore authorities on Friday announced new measures to tackle money laundering, including inter-agency data-sharing, striking off of inactive companies and
October 04, 2024
Growth in India's dominant services sector remained robust but slackened to a 10-month low in September as demand slowed, a business survey showed on Friday
October 04, 2024
French President Emmanuel Macron has given top U.S. financiers a candid assessment of his country's financial woes, flagging the potential for
October 04, 2024
An Australian court upheld an order on Friday for Elon Musk's X to pay a fine of A$610,500 ($418,000) for failing to cooperate with a regulator's request for information about anti-
October 04, 2024
A look at the day ahead in European and global markets from Rae Wee Oil prices are headed for their largest weekly rise in over a year on Friday, spurred by escalating Middle East tensions that have
October 04, 2024
Japan's Seven & i Holdings is considering selling a stake in its supermarket unit ahead of a planned listing of the business, two sources said, as the 7-Eleven
October 04, 2024
U.S. job gains increased by the most in six months in September and the unemployment rate fell to 4.1%, pointing to a resilient economy that likely does not
October 04, 2024
Shares in shipping companies fell heavily in Europe and Asia on Friday after workers and U.S. port operators agreed a deal to end a strike on the East and Gulf coast docks far
October 04, 2024
MSCI's global equities index rose on Friday while the dollar climbed to its highest level since mid-August as investors heaved a sigh of
October 04, 2024
Japan's new economy minister, Ryosei Akazawa, said on Friday that the timing of changes in the Bank of Japan's monetary policy should be aligned with the government's broader goal of
October 04, 2024
U.S. bank JPMorgan Chase & Co has become a substantial shareholder in Star Entertainment, an exchange filing showed, as shares of the embattled Australian casino operator have fallen
October 04, 2024
The dollar jumped to a seven-week high on Friday and was on track to post its best week since September 2022 after a surprisingly strong jobs report for September
October 04, 2024
Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war in the Middle East, although gains
October 03, 2024
French workplace supplies provider Elis SA made an informal takeover proposal to U.S. peer UniFirst Corp, Bloomberg News reported on Thursday, citing people familiar with the matter.
October 03, 2024
Chain Bridge Bancorp, a lender popular among Republicans since its inception, priced its U.S. initial public offering at $22 per share on Thursday to raise $40.7 million.
October 03, 2024
Private equity firm MBK Partners and Young Poong on Friday raised their tender offer price for shares in Korea Zinc to match a counteroffer, as a
October 03, 2024
Australian lender ANZ said on Friday it will pay a combined sum of A$99 million ($67.76 million) for the settlement of two class actions brought against it in 2020.
October 03, 2024
Some Chinese and global institutional investors are revisiting Chinese property bonds, betting on an improvement in outlook as the government
October 03, 2024
The Biden administration has granted up to $510 million to boost the domestic production of personal protective equipment (PPE) such as isolation gowns to restock the Strategic National
October 03, 2024
Cisco Systems is set to invest in CoreWeave, valuing the cloud services provider at $23
October 03, 2024
A look at the day ahead in Asian markets. What comes down must go up.
October 03, 2024
Spirit Airlines is in talks with bondholders over the terms of a potential bankruptcy filing in the wake of its failed merger with JetBlue Airways, the Wall Street Journal reported on
October 03, 2024
A slump in oil prices probably reduced Exxon Mobil's third-quarter upstream earnings by $600 million to $1 billion, the oil major signaled in a regulatory filing published on Thursday.
October 03, 2024
U.S. Federal Reserve losses crossed the $200 billion point this week, according to data released on Thursday by the central bank.
October 03, 2024
Six U.S. companies will spend at least $350 million to manufacture medical gowns to store in the Strategic National Stockpile
October 03, 2024
AbbVie on Thursday lowered its forecast for 2024 adjusted profit, citing the impact of $82 million in milestones, and research and development expenses related to acquisitions.
October 03, 2024
France's new prime minister, Michel Barnier, will increase corporate tax on the biggest companies in the country and on wealthiest individuals, he said on France 2 television on
October 03, 2024
The IRS is expanding its program that allows people to file their taxes directly with the agency for free
October 03, 2024
Costco is now selling platinum bars for $1,089
October 03, 2024
Former President Donald Trump has raised $160 million for his campaign in September and entered October with $283 million in the bank for the campaign’s final sprint
October 03, 2024
Tesla is preparing to sell $783 million in debt, backed by automotive leases from its prime borrowers amid a surge in similar asset-backed securities within the industry, Bloomberg News
October 03, 2024
Chicago Federal Reserve President Austan Goolsbee on Thursday said retailers and manufacturers had stockpiled about two weeks worth of items in anticipation of the U.S. dockworkers' strike
October 03, 2024
Germany on Friday will vote against the introduction of European Union tariffs on Chinese electric vehicles, people with knowledge of the matter told Reuters on
October 03, 2024
The CEO of Spain's Sabadell, Cesar Gonzalez-Bueno, on Thursday said the bank could earn more than 1.6 billion euros ($1.76 billion) in net profit in 2024 if it manages to perform as
October 03, 2024
The International Monetary Fund said on Thursday that the Bank of Japan should stay data-dependent and continue to gradually raise policy rates in line with
October 03, 2024
The average rate on a 30-year mortgage in the U.S. rose to 6.12% this week, the first increase in seven weeks
October 03, 2024
Sri Lanka plans to move ahead with the third review of its nearly $3 billion programme of support from the International Monetary Fund, the new government said on Thursday, as the
October 03, 2024
Major U.S. retailers from Levi Strauss to Costco are preparing alternative shipping plans to ensure goods arrive in time for the peak holiday season
October 03, 2024
Shein is set to hold informal investor meetings in the coming weeks for its planned London initial public offering (IPO),
October 03, 2024
Tesla plans to design four new versions of its in-house battery to power the Cybertruck, its forthcoming robotaxi and other electric vehicles, the Information reported on Thursday, citing
October 03, 2024
U.S. retailers are gearing up for a shorter-than-usual holiday shopping window this year, with price-conscious shoppers focused on deals and promotions around key events such as Black
October 03, 2024
New orders for U.S.-manufactured goods unexpectedly fell in August, while business spending on equipment appears to have pulled back in the third quarter.
October 03, 2024
OpenAI has secured a new $4 billion revolving credit line, the ChatGPT maker said on Thursday, a day after it closed a $6.6 billion funding round that cemented its position as one of the
October 03, 2024
Blackstone Inc, the world's largest alternative asset manager, has started raising its third Asia-focused private equity (PE) fund,
October 03, 2024
The downturn in Canada's services economy deepened in September as firms shed jobs and new business dropped to a near four-year low, S&P Global Canada services PMI
October 03, 2024
Anglo American Plc will not be an "inevitable" takeover target after its unbundles its diamond, platinum, nickel and coal assets, CEO Duncan Wanblad said on Thursday.
October 03, 2024
In today's digital and services-dominated economy, one might be forgiven for buying into the narrative that oil no longer has any real bearing on
October 03, 2024
Berkshire Hathaway unloaded more Bank of America stock this week, boosting sales since mid-July to nearly $10 billion as Warren Buffett simplifies part of his conglomerate's vast portfolio
October 03, 2024
Corona beer maker Constellation Brands beat second-quarter results estimates on Thursday, as robust demand for its popular beer brands helped soften the hit from a slump in its wines and
October 03, 2024
Ghana received the approval for more than 90% of bondholders to restructure and exchange $13 billion of international debt, it said on Thursday, clearing the last hurdle in its protracted
October 03, 2024
Levi Strauss' shares fell about 7% on Thursday after a tepid forecast for holiday-quarter revenue underscored the denim maker's struggles with sluggish demand from retailers navigating
October 03, 2024
Energy major Exxon Mobil can move ahead with a plan to cut jobs at its Port Jerome refinery in northern France after obtaining a majority agreement this
October 03, 2024
A prominent Democratic U.S. senator called on a top regulator on Wednesday to impose growth restrictions on Citigroup as the Wall Street bank struggles to fix
October 03, 2024
The United States on Thursday offered EVgo a conditional loan guarantee of up to $1.05 billion to expand public electric vehicle-charging infrastructure
October 03, 2024
Conflict in the Middle East is escalating once more, but the mood music across financial markets remains upbeat for now due to shifts in oil
October 03, 2024
Thailand's finance minister said he had met the central bank governor on Thursday and discussed the issue of high household debt
October 03, 2024
U.S. retailers are ramping up hiring for the holiday season but expect to take on fewer seasonal employees to help customers in stores and assemble online orders in warehouses
October 03, 2024
The Canadian dollar is forecast to extend its recovery against its U.S. counterpart in the coming year as lower borrowing costs bolster economic growth in Canada
October 03, 2024
Amazon plans to hire 250,000 transportation and warehouse workers this holiday shopping season, the same number as last year as e-commerce spending is expected
October 03, 2024
The European Commission is suing EU member states Spain, Cyprus, Poland and Portugal for failing to implement rules aimed at ensuring a global minimum level of taxation for
October 03, 2024
Stellantis CEO Carlos Tavares on Thursday left the door open for possible cuts to its dividend and share buybacks next year
October 03, 2024
U.S. stocks finished lower on Thursday ahead of Friday's monthly U.S. payrolls report and as investors kept a watchful eye on the growing conflict in the
October 03, 2024
The beleaguered U.S. office property market may be bottoming out, analysts told Reuters, pointing to a string of sales of stressed properties at big
October 03, 2024
Four electricity transmission projects serving the U.S. southwest, southeast and New England will get $1.5 billion in public funding to improve the grid's
October 03, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The U.S. dollar is on course for its best week in six months, surging anew on Thursday against the yen, sterling, euro and Swiss
October 03, 2024
WuXi AppTec and WuXi Biologics are planning to sell some of their operations after the Chinese biotech companies were targeted by the U.S. on national security grounds, the Financial Times
October 03, 2024
Bullish bets on the Chinese yuan strengthened after a bazooka of stimulus measures led to global investors reallocating funds to Asia's largest economy, while long
October 03, 2024
Swiss inflation has fallen to its lowest level in more than three years, government data showed on Thursday, prompting analysts to say more interest rate cuts by the Swiss National
October 03, 2024
British services firms lost some momentum but continued to grow in September and the prices they charged rose at the slowest pace in almost four years, according to a survey likely
October 03, 2024
European shares declined on Thursday, as investors remained wary of risk-taking amid elevated geopolitical tensions in the Middle East, with most sectors
October 03, 2024
South Africa's private sector saw an uptick in growth in September, driven by a rise in business activity and a significant cooling of inflationary pressures, a survey by S&P
October 03, 2024
Most emerging market currencies are set to trade in tight ranges or pare some of the year-to-date gains in the next three months
October 03, 2024
Chinese investment-grade companies are lining up $10 billion to $15 billion in offshore bond offerings this quarter, as Beijing's economic stimulus measures cut
October 03, 2024
Australian lender ANZ and Indonesia's Gunawan family are considering selling a combined controlling interest in Jakarta-listed Bank Pan
October 03, 2024
France's plans for a new wealth tax to help to cut the country's spiralling deficit will affect less than 1% of households, Budget Minister Laurent Saint-Martin said on Thursday.
October 03, 2024
The Bank of England could move more aggressively to cut interest rates if inflation pressures continue to weaken but conflict in the Middle
October 03, 2024
Traders gauging how to play further downside in the U.S. dollar are looking to the relative strength of economies around the world, as interest rate shifts
October 03, 2024
A look at the day ahead in European and global markets from Stella Qiu Services PMIs due across Europe on Thursday are likely to show further moderation in activity and cement expectations for rate
October 03, 2024
Crude prices jumped on worries about worsening tensions in the Middle East, while U.S. stocks pulled back further from their records
October 03, 2024
The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that will level the
October 03, 2024
Global stocks fell on Thursday, weighed by tepid trading in equity markets across the U.S. and other major regions, while oil prices jumped
October 03, 2024
For a sense of the challenges Bank of Japan Governor Kazuo Ueda faces in weaning the world's fourth-largest economy off monetary stimulus, look no
October 03, 2024
Japan's central bank has scope to raise interest rates further but must move cautiously and slowly to avoid hurting the economy, a dovish policymaker said on
October 03, 2024
The dollar rose to a six-week high on Thursday as data showed a still-solid U.S. economy before Friday's closely watched jobs report, while safe haven demand on
October 02, 2024
Southwest Airlines Director Rakesh Gangwal, who was picked by the company to join its board amid growing pressure from an activist investor, bought more than $100 million in stock
October 02, 2024
Westpac Banking Corp said on Thursday it would sell its auto finance loans book to non-bank lender Resimac Group for an expected value of A$1.4 billion ($963.62 million) to A$1.6 billion
October 02, 2024
Tesla's most affordable Model 3 compact sedan was no longer available for order in the U.S., according to the EV maker's website on Wednesday.
October 02, 2024
The U.S. Securities and Exchange Commission said on Wednesday it is appealing a court ruling that restricted its ability to regulate cryptocurrency markets.
October 02, 2024
A look at the day ahead in Asian markets.
October 02, 2024
Republican presidential candidate Donald Trump's campaign raised over $160 million in September and closed the month with $283 million of cash on hand, the former president's
October 02, 2024
As global investors such as Thrive Capital and Tiger Global invest $6.6 billion in OpenAI, the ChatGPT-maker sought a commitment beyond just capital —
October 02, 2024
Levi Strauss said on Wednesday it was considering a sale of its underperforming Dockers brand and forecast fourth-quarter revenue below expectations, sending its
October 02, 2024
OpenAI says it has raised $6.6 billion in venture capital investments as part of a broader shift by the ChatGPT maker away from its nonprofit roots
October 02, 2024
Bank of America says widespread outage is nearly fixed
October 02, 2024
The U.S. central bank's fight to return inflation to its 2% target may take longer than expected to complete and limit how far interest rates
October 02, 2024
Dockworkers striking at U.S.
October 02, 2024
Much like annoying political TV ads, warnings that the U.S. presidential election could have big consequences for your 401(k) come back every four years
October 02, 2024
The oil industry and markets have had a muted reaction to growing conflict in the Middle East, a sign of just how well stocked oil
October 02, 2024
Colombia's 12-month inflation is forecast to continue decelerating in September, despite the impact of a truckers' strike, according to a Reuters poll on
October 02, 2024
Euro zone inflation is increasingly likely to ease back to the European Central Bank's 2% target, ECB board member Isabel Schnabel said, dropping her long-standing warning about
October 02, 2024
OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value the company at $157 billion and cement its position as one of the most valuable
October 02, 2024
Carlyle-backed StandardAero racked up a $10.38 billion valuation after its shares opened 29% above the offer price in their NYSE debut on Wednesday, as
October 02, 2024
The U.S. central bank's half-percentage-point interest rate cut last month was an acknowledgement that its policy rate was "out of sync" with
October 02, 2024
A U.S. federal appeals court on Wednesday upheld a lower court's order that permitted New York derivatives trading platform KalshiEX LLC to list contracts that
October 02, 2024
Crypto asset manager Bitwise has filed an initial registration statement with the U.S.
October 02, 2024
Average daily volume (ADV) in U.S. natural gas futures and options on the New York Mercantile Exchange rose in September from a year earlier, data from its owner CME Group showed.
October 02, 2024
By Chris Taylor NEW YORK - If you followed the financial markets at all in the last 15 years, you likely know "Downtown" Josh Brown.
October 02, 2024
Microsoft plans to invest 4.3 billion euros ($4.8 billion) over the next two years to strengthen its artificial intelligence (AI) and cloud infrastructure in northern Italy, it said
October 02, 2024
Britons bruised by a cost of living crisis will not start spending strongly again until the new Labour government sets out its tax and spending plans, and
October 02, 2024
Tesla posts first sales gain of the year but shares fall as competition heats up
October 02, 2024
The upgrade of Brazil's credit rating by Moody's highlights a risk premium in the local yield curve that does not reflect the fundamentals of Latin America's
October 02, 2024
Fiber network owner Zayo Group and buyout firm TPG are competing to acquire the fiber and wireless assets of Crown Castle, in a deal that could be valued at nearly
October 02, 2024
Mexican central bank deputy governor Jonathan Heath, in an interview published on Wednesday, said that the nation's benchmark interest rate should stay at its current level for
October 02, 2024
Ford on Wednesday became the latest U.S. automaker to report weaker growth in domestic new vehicle sales in the third quarter, as buyers continued to shy away from purchases on
October 02, 2024
Low interest financing, sweet lease deals and free charging boosted Tesla’s global deliveries in the third quarter, the first increase this year for the electric vehicle maker
October 02, 2024
Aircraft lessor Dubai Aerospace Enterprise (DAE) has secured a settlement with insurer AXA over jets retained in Russia since the 2022 invasion of
October 02, 2024
General Motors will assure investors next Tuesday that there is no need to panic about decelerating demand for electric vehicles and the U.S.
October 02, 2024
The U.S. dollar will hold steady in coming months despite an expected series of Federal Reserve interest rate cuts, according to median forecasts from FX
October 02, 2024
Shares of Humana have tumbled after the health insurer said a Medicare Advantage quality rating drop will hurt future bonus payments the company receives
October 02, 2024
California fintech giant SoFi is teaming up with British capital markets platform PrimaryBid Technologies to expand its initial public offering share placement business, the
October 02, 2024
Worries about risks to the UK financial system posed by a global economic downturn have risen sharply to their highest level since the second half of 2019, a Bank of England (BOE)
October 02, 2024
Conagra Brands fell short of Wall Street estimates for first-quarter results as budget-conscious consumers switched to lower-priced alternatives
October 02, 2024
Humana's shares fell as much as 22.4% on Wednesday, as the health insurer said enrollments in its top-rated Medicare insurance plans dropped sharply,
October 02, 2024
The Managed Funds Association, an alternative asset management trade group, announced on Wednesday its new board of directors, as well as its chair Jody
October 02, 2024
Nike shares closed nearly 7% lower on Wednesday after the sportswear giant withdrew its annual revenue target, leaving investors guessing on the timeline for a
October 02, 2024
The market capitalization of many tech firms surged in September, buoyed by a Federal Reserve rate cut that typically enhances future profits and cash flows for high-growth companies, and
October 02, 2024
The S&P 500 ended little changed on Wednesday, with technology shares gaining but investors nervous about Middle East tensions and more U.S. labor data
October 02, 2024
Ghana's consumer inflation rose in September after slowing for five consecutive months, driven by an increase in food prices, the statistics service said on Wednesday.
October 02, 2024
Euro area government bond yields rose on Wednesday, a day after long-dated yields posted their biggest daily fall since mid-June on concerns about economic growth.
October 02, 2024
Brazilian digital bank PicPay will start hiring financial firms to carry out a planned initial primary offering in New York next year,
October 02, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan With Middle East tensions dialing back up, U.S. port workers on strike and global industry under the cosh, the final quarter of 2024
October 02, 2024
Elon Musk’s X is worth nearly 80% less than when he bought it, Fidelity estimates
October 02, 2024
Kenya's central bank rate should start lowering its lending rate due to falling inflation in recent months, Finance Minister John Mbadi said on Wednesday.
October 02, 2024
Global asset prices remain stretched and are vulnerable to a big fall as investors grow more concerned about geopolitical risks, the Bank
October 02, 2024
Meta said it has taken down some 8,000 so-called "celeb bait" scam ads from Facebook and Instagram as part of a new effort with Australian banks to curb the practice.
October 02, 2024
UniCredit's acquisition of Commerzbank could prompt Moody's to consider raising its rating on the Italian bank's riskier debt, the credit rating agency said on Wednesday.
October 02, 2024
Europe's STOXX 600 ended flat on Wednesday as investors shied away from risk-taking amid more warfare in the Middle East, although advancing energy
October 02, 2024
Euro zone growth could be weaker in the near term than the European Central Bank now expects but the recovery should still pick up pace later on, ECB Vice President Luis de
October 02, 2024
Volvo Cars' sales rose by 1% year-on-year in September to 62,458 cars, the Sweden-based automaker said on Wednesday amid a volatile and uncertain market.
October 02, 2024
Japan's $9 trillion bond market is bracing for disruption as a shortage of paper caused by the central bank's massive buying is expected
October 02, 2024
If you think Federal Reserve interest rate cuts could overly spur an already briskly growing U.S. economy, consider the other side of the equation: the income drag.
October 02, 2024
Kenya's inflation fell to 3.6% year-on-year in September from 4.4% a month earlier, the statistics office said on Wednesday.
October 02, 2024
A look at the day ahead in European and global markets from Kevin Buckland Escalating hostilities in the Middle East gripped the attention of traders and investors in Asia on Wednesday as worries
October 02, 2024
Global hedge funds flocked to Chinese equities on the back of Beijing's much bigger than expected stimulus measures, leading to the strongest weekly buying on
October 02, 2024
An Australian court on Wednesday upheld a ruling that found ANZ violated disclosure rules in a A$2.5 billion ($1.7 billion) share placement nearly a decade earlier, dismissing
October 02, 2024
MSCI's global equities index was down slightly on Wednesday while the dollar rose and oil prices pared earlier gains, as investors
October 02, 2024
South Korea's factory activity contracted at the sharpest pace in 15 months in September as overseas demand slowed for the first time in the year, a private survey
October 01, 2024
The dollar hit a three-week high against the euro on Wednesday after the ADP national employment report showed U.S. private payrolls increased more than expected
October 01, 2024
Pay settlements awarded by British employers held at their lowest in two years in the three months to August, according to a survey that could reassure the Bank of England as it
October 01, 2024
South Korea's consumer inflation cooled more than forecast in September and below the central bank's target for the first time since early 2021, amid growing
October 01, 2024
Oil prices edged up on Wednesday on worries that the escalating conflict in the Middle East could threaten oil supplies from the world's top producing region, but a
October 01, 2024
The International Monetary Fund is "too polite" when it comes to criticizing China's economic policies and should more fully disclose financing assurances given
October 01, 2024
A look at the day ahead in Asian markets.
October 01, 2024
StandardAero, a U.S. aircraft maintenance services provider, priced its U.S. initial public offering above its indicated range to raise $1.44 billion, people familiar
October 01, 2024
Nike has reported a slump in sales and profits for its fiscal first quarter as the sportswear giant wrestles with shoppers’ sluggish demand for new sneaker models
October 01, 2024
Creditors seeking proceeds from a U.S. court-ordered auction of shares in a parent of Citgo Petroleum to compensate them for Venezuela's debt
October 01, 2024
A former financial manager for the NFL’s Jacksonville Jaguars who stole $22 million from the team is suing FanDuel for $250 million, saying the betting company preyed on his gambling addiction
October 01, 2024
The Federal Reserve announced on Tuesday that it had terminated a 2013 enforcement action it filed against Citigroup over shortcomings in its capacity to police
October 01, 2024
JPMorgan's expanding asset management business in Canada will add up to 20 jobs over the next 18 months, a senior executive said on Tuesday, as the bank launched
October 01, 2024
A key U.S. overnight funding interest rate jumped on Monday in a sign of tighter liquidity in money markets at the end of the month
October 01, 2024
The U.S. government has issued $2 billion in advance point-of-sale consumer electric vehicle (EV) tax credit payments since Jan. 1 covering more than 300,000
October 01, 2024
The stock market is off to its best start to a year since 1997 under Bill Clinton
October 01, 2024
Peloton Interactive won dismissal of a lawsuit claiming it defrauded shareholders by concealing how demand for its home exercise equipment, which surged after
October 01, 2024
Officials say that France’s TotalEnergies and U.S. hydrocarbon company APA Corp. plan to invest $10 billion to extract oil off the coast of Suriname in a historic investment for the South American country
October 01, 2024
CVS Health said on Tuesday it would lay off about 2,900 employees, representing less than 1% of its workforce, as the healthcare conglomerate aims to cut costs.
October 01, 2024
The top U.S. consumer financial watchdog on Tuesday warned medical debt collectors they face enforcement action by federal regulators if they illegally attempt to collect on inaccurate or
October 01, 2024
Physical demand for gold across key markets has tumbled as prices continue to rise, with some retail consumers opting to sell their
October 01, 2024
U.S. construction spending unexpectedly fell in August amid a sharp drop in outlays on single-family housing projects, but declining borrowing costs could stimulate activity in
October 01, 2024
StandardAero, a U.S. aircraft maintenance services provider, priced its U.S. initial public offering above its indicated range to raise $1.44 billion, the company said
October 01, 2024
A handful of mega-cap technology stocks has fueled Wall
October 01, 2024
Russia's state budget for next year, which includes a 25% hike in military spending, will also be the most secretive in post-Soviet history,
October 01, 2024
Major energy companies are set to borrow billions to maintain shareholder payouts or cut the rate of share repurchases in the face of a drop in oil prices after more
October 01, 2024
CNN launches a digital paywall, charging some users to read articles for the first time
October 01, 2024
U.S. manufacturing held steady at weaker levels in September, but new orders improved and prices paid for inputs declined to a nine-month low, which together with falling
October 01, 2024
Barclays Bank PLC has agreed to pay $4 million to settle civil charges that it violated U.S. law and Commodity Futures Trading Commission regulations requiring accurate
October 01, 2024
Canadian manufacturing activity strengthened for the first time in 17 months in September as market demand improved and lower borrowing costs bolstered confidence
October 01, 2024
Berkshire Hathaway will take full ownership of Berkshire Hathaway Energy, after Warren Buffett's conglomerate agreed to acquire the 8% it did not already own from the
October 01, 2024
Data center firm Equinix is forming a joint venture with Singapore's sovereign wealth fund GIC and Canada Pension Plan Investment Board with goals to raise more than $15 billion in capital
October 01, 2024
Ford Motor Co said on Tuesday it will lower the annual and monthly subscription prices for its hands-free driving technology.
October 01, 2024
PepsiCo will buy Siete Foods parent Garza Food Ventures for $1.2 billion, the Frito-Lay owner said on Tuesday, beefing up its snacking portfolio amid a shift to private-label brands among
October 01, 2024
UniCredit has built a "federal model" as a pan-European bank with subsidiaries in each of its 13 markets that can act locally, CEO Andrea Orcel said, as he called on
October 01, 2024
France's TotalEnergies and U.S.
October 01, 2024
Awareness and acceptance of not only your money, but your feelings about your money, can help guide responsible financial decisions.
October 01, 2024
Charles Schwab said on Tuesday President Rick Wurster will succeed long-time CEO Walt Bettinger, marking a change of the guard at the brokerage firm after 16 years.
October 01, 2024
Health insurers Cigna, CVS Health, Humana Centene and UnitedHealth on Tuesday released details on their government-backed health insurance plans for next year for people aged 65 and above.
October 01, 2024
Extensive damage from a fire at Tata Group's Apple iPhone component plant in southern India could hamper production ahead of a festive season sales surge, an
October 01, 2024
Hot sauce maker McCormick raised its annual earnings forecast on Tuesday after posting better-than-expected third-quarter results, banking on consumers choosing to make meals at home to
October 01, 2024
Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used a little known rule to reroute U.S.
October 01, 2024
Volkswagen's truck unit Traton set out five-year targets during its Capital Markets Day on Tuesday, as it expects to benefit from the shift towards electrification and plans to raise
October 01, 2024
Major shareholders at the International Monetary Fund are urging Kenya to request an IMF assessment of corruption and governance issues as part of a push to unlock
October 01, 2024
A two-notch downgrade of Moody's Israel credit rating may not be the last, analysts say, as war on two fronts spurs state spending and raises fears that the
October 01, 2024
Brazil's Moove Lubricants, backed by European private equity firm CVC Capital Partners, set a target of up to $1.94 billion valuation on Tuesday for its U.S. initial public offering.
October 01, 2024
U.S. stocks ended lower, with the Nasdaq losing more than 1%, on Tuesday as investors grew more cautious after Iran fired missiles at Israel.
October 01, 2024
Boeing is considering raising at least $10 billion by selling new stock, Bloomberg News reported on Tuesday, citing people familiar with the discussions.
October 01, 2024
Pakistan's annual consumer price inflation slowed to 6.9% in September, data showed on Tuesday, the lowest in more than three years, as the government seeks to implement IMF
October 01, 2024
Siemens Energy has agreed to pay $104 million to settle an investigation with U.S. authorities, it said, after it used stolen trade secrets to inflate bids for contracts five
October 01, 2024
The Bank of Mexico's governing board may consider larger cuts to its benchmark interest rate going forward as inflation in Latin America's second largest
October 01, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's S&P500 kicks off the final quarter of a stellar 2024 from yet another record close notched on Monday - with odd quarter
October 01, 2024
Top U.S. automakers reported a fall in their third-quarter sales on Tuesday, hurt by fewer selling days and weaker consumer spending amid inflationary challenges and higher
October 01, 2024
Egypt's current account fell into deficit in the second quarter, reversing a rare surplus in the same period of 2023 as imports rose and Suez Canal revenue plunged, the central bank
October 01, 2024
Inflation in the 20 countries that use the euro fell to 1.8% in September, below the European Central Bank’s target of 2% for the first time in more than three years
October 01, 2024
Euro zone inflation dipped below 2% for the first time since mid-2021 in September, reinforcing an already solid case for a European Central Bank rate cut this
October 01, 2024
Investors have started demanding more compensation to lend money to France than they do to Spain, punishing France for not getting its ailing finances
October 01, 2024
Lufthansa is aiming to revive its core airline by 2026 as one of Europe's top carriers struggles more than its regional rivals with
October 01, 2024
Euro area inflation slowing down means that there are now more reasons to justify an interest rate cut at the ECB's October policy-setting meeting, Finnish ECB policymaker Olli
October 01, 2024
The Australian pilots union said on Tuesday that it has rejected a wage proposal from Qantas Airways for its short haul pilots, days after the company's engineers went on a strike to
October 01, 2024
Japan's new leader Shigeru Ishiba appointed a proponent of former premier Shinzo Abe's "Abenomics" policies as finance minister on Tuesday, in
October 01, 2024
European shares reversed initial gains to close lower on Tuesday, as investors moved out of riskier assets amid escalating geopolitical fears that
October 01, 2024
Deutsche Bank on Tuesday said it now expects the European Central Bank to cut interest rates again in October, after steeper-than-expected falls in inflation across the euro zone in
October 01, 2024
Chinese Commerce Minister Wang Wentao and his U.S. counterpart will hold a call in the near future on trade and economic ties, China's state-run Xinhua news agency reported on
October 01, 2024
Sri Lanka will have detailed talks with the IMF on the framework of a $2.9 billion bailout programme on the sidelines of the lender's annual meetings in
October 01, 2024
Prime Minister Michel Barnier announced steep public spending cuts and targeted tax hikes for France's biggest companies and
October 01, 2024
U.S. stocks pulled back from their records after a sharp escalation of tensions in the Middle East raised worries about potential disruptions to the flow of oil
October 01, 2024
Menlo Security's annual recurring revenue (ARR) has exceeded $100 million, rising by about 30% from the prior year, CEO Amir Ben-Efraim said in an interview, and expects to be cash flow
October 01, 2024
A look at the day ahead in European and global markets from Tom Westbrook European inflation figures are due on Tuesday and the risk is to the downside, which will reinforce bets that the European
October 01, 2024
Thailand's exports are expected to rise 2% this year, the upper end of a previous forecast of 1% to 2% growth, but the rapidly strengthening baht could be a challenge for the rest
October 01, 2024
Prices of new homes in China rose slightly in September, traditionally a peak season for house hunting, a private survey showed on Tuesday, extending months of feeble gain in a
October 01, 2024
Australia's central bank has barred Canada's global investment bank from confidential briefings after one of its clients leaked details from a closed door briefing, two sources
October 01, 2024
MSCI's global equities index fell with Treasury yields on Tuesday as investors shied away from riskier assets while oil futures rallied on concerns about
October 01, 2024
Safe haven currencies strengthened on Tuesday as Iran launched missiles towards Israel, while the dollar also firmed on data showing a resilient U.S. labor market.
October 01, 2024
Bank of Japan policymakers discussed the need to go slow in raising interest rates as jittery markets clouded the outlook, a summary of their September meeting showed,
September 30, 2024
The pace of South Korea's export growth slowed in September, with shipments to the United States losing momentum, in an outcome that may support market expectations
September 30, 2024
Japanese business sentiment was steady in the three months to September, a closely watched survey showed, a sign the economy remained on track for
September 30, 2024
The U.S. anti-trust trial over the $8.5 billion bid by luxury goods maker Tapestry to buy Capri concluded on Monday, with Tapestry lawyers citing an "intensely
September 30, 2024
Japan's jobless rate in August fell to 2.5% from 2.7% in July, government data showed on Tuesday.
September 30, 2024
Mexican antitrust regulator Cofece should publish its decision on an investigation into Walmart's unit in the country in the next few days, the firm said on Monday.
September 30, 2024
The Irish government handed voters 10.5 billion euros of tax cuts and spending increases in a pre-election budget on Tuesday that also outlined
September 30, 2024
Global investors are preparing to stake bets on China again, in a major sentiment shift sparked by Beijing's drive to reverse its economic slowdown and revive long
September 30, 2024
Prices in British shops fell at the fastest pace in more than three years in September, the British Retail Consortium said on Tuesday, adding to signs that the inflation squeeze on
September 30, 2024
CVS Health is exploring options that could include a break-up of the company to separate its retail and insurance units, as the struggling healthcare services
September 30, 2024
Audacy completes its financial restructuring and now plans to go private
September 30, 2024
Genetic testing firm 23andMe Chief Executive Officer Anne Wojcicki would no longer be open to considering third-party takeover proposals for the company, a regulatory filing showed on
September 30, 2024
Tesla and its CEO Elon Musk on Monday won the dismissal of a lawsuit accusing them of defrauding shareholders by overstating the effectiveness and safety of the
September 30, 2024
A look at the day ahead in Asian markets.
September 30, 2024
Teamsters has reached a tentative agreement with car-rental firm Hertz Global, averting a potential strike, the labor union said on Monday.
September 30, 2024
A federal judge said Amgen must face a proposed class action accusing the drugmaker of waiting too long to tell shareholders it might owe the Internal Revenue
September 30, 2024
U.S homebuilder KB Home said on Monday its finance chief Jeff Kaminski has decided to retire in early 2025, after more than 14 years in the role.
September 30, 2024
Cerebras Systems, a startup competing with industry leader Nvidia for a slice of the lucrative AI chip market, said late on Monday its revenue surged more
September 30, 2024
PepsiCo is in advanced talks to acquire tortilla-chip maker Siete Foods for more than $1 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter.
September 30, 2024
Qatar Airways will buy a 25% stake in Virgin Australia from U.S. private equity firm Bain Capital, posing a tougher contest for Qantas Airways
September 30, 2024
The U.S. broker-dealer unit of Toronto Dominion Bank has agreed to pay over $20 million under a deal with U.S. authorities to settle charges that it manipulated the U.S. Treasuries market.
September 30, 2024
The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark interest rate and "over time" reach a level that is no longer
September 30, 2024
The Texas Stock Exchange announced a board of directors on Monday in its latest step toward building a national exchange to rival long-established
September 30, 2024
The new draft of the "Basel Endgame" bank capital hikes still has problems, in particular around how the rule would assess banks' market risks, Federal Deposit Insurance
September 30, 2024
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy
September 30, 2024
Federal Reserve Chair Jerome Powell indicated on Monday the U.S. central bank would likely stick with quarter-percentage-point interest rate cuts
September 30, 2024
Saudi Arabia estimates its 2024 fiscal deficit will widen to almost 3% of GDP, according to a government statement on Monday, as it
September 30, 2024
Bristol Myers Squibb won the dismissal on Monday of a $6.4 billion lawsuit claiming it cheated former Celgene shareholders by delaying federal approval for the cancer drug Breyanzi and two
September 30, 2024
T-Mobile has reached a $31.5 million settlement to resolve a probe by the Federal Communications Commission into significant data breaches over three years
September 30, 2024
Russia plans to effectively raise taxes on imported cars from 2025 by doubling the scrappage fees all car producers must pay while also increasing state support for locally made vehicles,
September 30, 2024
Atlanta Federal Reserve President Raphael Bostic said on Monday he would be open to another half-percentage-point interest rate cut at the U.S.
September 30, 2024
Copper has rallied hard this week as China's pledged stimulus package has rekindled investor enthusiasm.
September 30, 2024
Pfizer sold a stake in British consumer healthcare group Haleon worth about $3.26 billion on Monday, cutting its shareholding in the maker of Sensodyne toothpaste and Panadol
September 30, 2024
U.S. oil demand rose in July to the highest seasonal level since 2019 while output declined for the second time in three months, data from the U.S.
September 30, 2024
The Group of Seven (G7) countries want to reach a political agreement on the $50 billion loan for Ukraine by the end of October for the cash to be able to available before the end
September 30, 2024
Beijing relaxed restrictions on home buying on Monday, following similar moves by Shanghai and Shenzhen, in a bid to boost demand and prop up the struggling property market.
September 30, 2024
Ingram Micro made public its U.S. IPO filing on Monday, more than two years after the private-equity backed electronics distributor laid the foundation for its return to stock markets.
September 30, 2024
The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron's board.
September 30, 2024
The International Monetary Fund on Monday said Bangladesh's quick formation of an interim government has helped stabilize the country, and that the country's new authorities
September 30, 2024
Australia's home prices rose at a tepid pace in September, with a jump in listings to a three-year high and lower auction clearance rates suggesting the momentum in the red-hot
September 30, 2024
The United States on Monday will announce nearly $336 million in additional humanitarian assistance for Palestinians in Gaza and the West Bank, according to
September 30, 2024
Private sector economists in Brazil now project a more restrictive path for interest rates, with two 50-basis-point hikes expected this year and higher borrowing costs
September 30, 2024
Asset manager TPG has bought a minority stake in wealth management firm Creative Planning, striking its second such deal in less than a week as it looks to expand its foothold in the
September 30, 2024
The FBI has agreed to pay more than $22 million to settle a class-action lawsuit alleging female recruits were singled out for dismissal in training and routinely harassed by instructors with sexually charged comments about their breast size, false allegations of infidelity and the need to take birth control “to control their moods.”
September 30, 2024
Japanese telecom company SoftBank's Vision Fund will invest $500 million in OpenAI's latest funding round, The Information reported on Monday, citing a person familiar with the deal.
September 30, 2024
What a wild quarter for the markets!
September 30, 2024
U.S. natural gas futures edged up about 1% to a 15-week high as reduced output so far this year has cut the amount of the fuel going into storage for the winter heating
September 30, 2024
The European Central Bank is increasingly confident that inflation will fall to its 2% target and this will be reflected in its next policy
September 30, 2024
The S&P 500 sputtered to a record high close on Monday, rebounding from a brief setback after Federal Reserve Chair Jerome Powell said the U.S. central
September 30, 2024
Brazil's public sector posted a larger-than-expected deficit in August, central bank data showed on Monday, driven by a mismatch between central government revenues and
September 30, 2024
Turkey's annual inflation is expected to continue its decline in September and fall below the central bank's policy rate for the first time since 2021, a Reuters poll showed on
September 30, 2024
Chain Bridge Bancorp, a lender popular among Republicans since its inception, is targeting a valuation of up to $167 million in its initial public offering
September 30, 2024
German inflation eased slightly more than forecast to 1.8% in September, preliminary data from the federal statistics office showed on Monday.
September 30, 2024
Ford is trying to woo the electric vehicle-curious by offering free home chargers and installation to buyers of EVs through the end of the year, the company said on
September 30, 2024
By Kenrick Cai SAN FRANCISCO - As Google's trial on allegations of building an illegal monopoly in advertising technology nears its close, experts said the financial risk of losing the case is minimal
September 30, 2024
Stellantis shares plunge as carmaker follows Volkswagen in warning on profits
September 30, 2024
Insurance brokerage Marsh McLennan said on Monday it has agreed to buy McGriff Insurance Services for $7.75 billion, as the industry gears up for higher spending on policies
September 30, 2024
UniCredit chief executive officer Andrea
September 30, 2024
KinderCare Learning Companies, a provider of early childhood education, set a target of up to $3.09 billion valuation on Monday for its long-sought U.S. initial public offering.
September 30, 2024
The three largest U.S. energy exploration companies paid more than $42 billion to foreign governments last year, about eight times more than what they paid in the United
September 30, 2024
When Wagner Dias and his wife Mariana needed a loan to grow their children's clothes business, the Brazilian entrepreneurs
September 30, 2024
India's fiscal deficit for April-August was 4.35 trillion rupees ($51.93 billion), or 27% of the estimate for the financial year, government data showed on Monday.
September 30, 2024
DirecTV is buying Dish and Sling as the company, a deal it has sought to complete for years as seeks to better compete against streaming services that have become dominant
September 30, 2024
European carmaker Stellantis on Monday joined bigger rival Volkswagen and others in warning about the worsening outlook for auto demand and rising costs, wiping
September 30, 2024
Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over OPEC’s plans, with prices expected to
September 30, 2024
Verizon Communications will give infrastructure firm Vertical Bridge rights to lease, operate and manage thousands of mobile phone towers for $3.3 billion, it said on
September 30, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The final day of another punchy quarter for U.S. stocks has proven a more volatile affair overseas: China's stellar stock recovery
September 30, 2024
U.S. trade officials this week may impose new tariffs on solar panels from four Southeast Asian nations that American manufacturers have complained employ unfair subsidies
September 30, 2024
Australian miner BHP expects the world to consume an extra 1 million metric tons of copper per year on average until 2035 due to the adoption of copper-intensive technologies, double the
September 30, 2024
AT&T said on Monday it would sell its entire 70% stake in satellite TV provider DirecTV to private equity firm TPG for $7.6 billion, exiting a business marked by declining distributions for
September 30, 2024
Investors reduced holdings in U.S. equity funds for the fifth consecutive week through Sept. 25, driven by lingering concerns about the economy's health and caution ahead of the U.S.
September 30, 2024
European auto stocks tumbled almost 4% on Monday after a warning from Stellantis, Volkswagen and Aston rekindled concerns over the sector's earnings outlook in a
September 30, 2024
Buying a house may remain out of reach for many Canadians for the foreseeable future, with mortgage costs unlikely to fall enough to offset lofty home prices and
September 30, 2024
Questions hang over who will succeed JPMorgan Chase CEO Jamie Dimon and when, but analysts and investors say one thing is almost certain: the bank's stock will
September 30, 2024
Global money market funds experienced their highest weekly inflows in nearly six months, with investors cautious about the health of the U.S. economy and concerned that further rate cuts
September 30, 2024
The Chinese central bank said on Monday it had bought 200 billion yuan ($28.52 billion) of the
September 30, 2024
German inflation fell to its lowest level since February 2021 this month, preliminary data showed on Monday, helping European Central Bank doves
September 30, 2024
Animal spirits are back in China's stock market as investors rush into equities, galvanized by Beijing's policy bonanza and driven by fear
September 30, 2024
A rapid appreciation of the Thai baht is hitting exporters and tourism spending, the central bank said on Monday, adding that the currency was gaining due to a weak dollar in the
September 30, 2024
Europe's STOXX 600 closed lower on Monday with automakers leading declines after industry majors Stellantis and Volkswagen's profit warnings, though
September 30, 2024
China's stock markets have been on a tear since Beijing rolled out flurry of stimulus measures last week and over the weekend to jolt the beaten-down market and revive a slowing economy.
September 30, 2024
Rightmove's shares dropped 8% on Monday after Rupert Murdoch's REA Group ended its $8.29 billion takeover pursuit following a fourth bid rejection from the British
September 30, 2024
Aston Martin warned of lower annual profit and cut its production forecast on Monday on supply chain challenges and dogged weakness in China, sending shares as much as
September 30, 2024
Cross-border mergers and acquisitions involving companies in the Asia-Pacific region have recovered this year and are booming in Japan as
September 30, 2024
Britain's economy grew more slowly than previously thought in the second quarter, but there were positive signs from household finances and business investment that
September 30, 2024
Stellantis cut its 2024 profit forecast on Monday and warned it will burn through more cash than expected as Europe's No.2 carmaker pledged to reduce output and offer big discounts
September 30, 2024
Chinese stocks swept to their biggest single-day gains in 16 years on Monday, with domestic A-shares registering their highest ever turnover, as investors scrambled to
September 30, 2024
A mistake by the U.S. central bank in setting interest rates during the last phase of its inflation battle is the main risk that could undercut the
September 30, 2024
More stocks are participating in the S&P 500’s latest march to record highs, easing concerns over a rally that has been concentrated in a handful of giant
September 30, 2024
South Korea's central bank governor said on Monday he would need to discuss with board members the impact of recent government measures aimed at taming household debt, when asked
September 30, 2024
A look at the day ahead in European and global markets from Wayne Cole.
September 30, 2024
As the Swiss National Bank's new chairman Martin Schlegel takes office this week, the jury is out on the central bank's handling of the Credit Suisse crash and its
September 30, 2024
Shares of China's property developers soared on Monday, with broad double-digit gains, as investors cheered easier home purchase rules in major cities and Beijing's
September 30, 2024
Reviving China's stock market and boosting investor confidence will aid the country's economic recovery by breaking a vicious cycle that has curbed investment and consumption, the
September 30, 2024
The dollar rose on Monday after Federal Reserve Chair Jerome Powell adopted a more hawkish tone on the economy, leading traders to pare bets that the U.S. central
September 30, 2024
Wall Street closed its latest winning month and quarter with more records
September 29, 2024
Oil prices were little changed on Monday, but posted a 17% loss for the third quarter as fears that a widening conflict in the Middle East could curtail crude supply
September 29, 2024
Chile's government is proposing a 2.7% annual increase in its 2025 budget, President Gabriel Boric said on Sunday, saying the government will boost pensions, healthcare and focus
September 29, 2024
MSCI's global equities index fell on Monday and the dollar rose as the Federal Reserve Chair Jerome Powell dampened hopes for another big
September 29, 2024
Healthcare-focused Glenview Capital Management will meet top executives at struggling healthcare company CVS Health on Monday to propose ways it can improve operations, The Wall Street
September 29, 2024
British business confidence ebbed slightly this month after reaching an eight-year high in July and August, as concerns about the broader economic outlook rose to
September 29, 2024
A look at the day ahead in Asian markets.
September 29, 2024
New Zealand's Fonterra said on Monday it had upgraded its dividend payout policy and will now pay shareholders 60%-80% of its earnings, up from the previous five years' average of 50%,
September 29, 2024
China's central bank said on Sunday it would tell banks to lower mortgage rates for existing home loans before Oct. 31, as part of sweeping policies to support the country's
September 29, 2024
Australia slightly revised down its forecasts for resource and energy export earnings on Monday as lower prices across a broad range of commodities and a stronger
September 29, 2024
Freeport-McMoRan is turbo-charging its copper output across three continents with no plans to join a buyout frenzy sweeping the mining industry, a strategy that analysts
September 29, 2024
The London Metal Exchange is being left behind in the race to dominate trade in metals used for EV batteries such as lithium and cobalt as other exchanges gain
September 29, 2024
Japan's incoming prime minister, Shigeru Ishiba, said on Sunday the country's monetary policy must remain accommodative as a trend, signalling the need to keep
September 28, 2024
UBS Chair Colm Kelleher warned on Sunday that the Swiss government's plans to strengthen capital requirements for big banks could damage the country's position as a financial centre
September 28, 2024
Exxon Mobil board director Gregory Goff recently joined a newly formed Elliott Investment Management-backed company seeking to acquire control of Venezuela-owned oil refiner Citgo
September 28, 2024
Buyout firm TPG has emerged as the frontrunner to pick up a minority stake worth $2 billion in Creative Planning, in a deal that could value the wealth
September 28, 2024
Mark Zuckerberg joins exclusive $200 billion club, is second-richest person in world
September 28, 2024
UniCredit chief Andrea Orcel attended a virtual meeting the Italian bank held on Friday with Commerzbank after becoming the German lender's biggest private investor, a source with
September 28, 2024
Shopping season for Medicare coverage is about to begin and with it comes the annual onslaught of TV ads and choices to consider
September 28, 2024
Japan's former chief cabinet secretary Katsunobu Kato will become the next finance minister when incoming prime minister, Shigeru Ishiba, forms his new cabinet next week, the Kyodo
September 28, 2024
TD Bank is close to a possible guilty plea to criminal charges that its U.S. retail bank failed to curb money laundering tied to Chinese crime groups and illicit fentanyl sales, the Wall
September 28, 2024
The United Auto Workers union asked the workers at Stellantis to authorize a strike, accusing the French-Italian car maker of breaking its contract promises, UAW President Shawn Fain said
September 27, 2024
Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener no other investors are getting:
September 27, 2024
Assets in actively managed exchange-traded funds (ETFs) worldwide hit a record $1 trillion at the end of August, according to data provider ETFGI, boosted by easier
September 27, 2024
Brazil's Supreme Court said on Friday that social platform X still needs to pay just over $5 million in pending fines, including a new one, before it will be allowed to
September 27, 2024
Lawyers for Boeing and families of some people who died in two crashes of Boeing jetliners will go face to face in court next month
September 27, 2024
Binance founder Changpeng Zhao was released from a correctional facility in California on Friday, Bloomberg News reported, citing a spokesperson for the Bureau of Prisons.
September 27, 2024
Investor hopes for a soft landing for the U.S. economy will be put to the test next week, as the government releases closely watched labor market data following
September 27, 2024
International Monetary Fund staff and Ethiopia have reached an agreement on economic policies to conclude the first review of a four-year $3.4 billion loan arrangement, the IMF
September 27, 2024
U.S. President Joe Biden said on Friday his opposition to Nippon Steel's $14.9 billion bid for U.S.
September 27, 2024
Citigroup warned some employees about fraud and unethical behavior and said it is considering tighter scrutiny on work done by contractors to ensure the company is billed
September 27, 2024
Morgan Stanley's middle-market buyout arm is exploring a sale of Sila Services that could value the residential services company at about $1.5 billion,
September 27, 2024
What fueled this week’s record-breaking stock rally
September 27, 2024
UniCredit plans to invest significantly in the retraining of 600 staff who will then be largely moved to the Italian bank's branch network as CEO Andrea Orcel slims
September 27, 2024
The Biden administration is urging the union and employers to negotiate in good faith and quickly reach a new contract deal ahead of a potential
September 27, 2024
A former Chewy executive will pay $35,275 to settle U.S. Securities and Exchange Commission insider trading charges dating from 2021, the regulator said on Friday.
September 27, 2024
The first interest rate cut by the Federal Reserve signals a U.S. recession is imminent and a dramatic drop in financial markets could once
September 27, 2024
Executives from UniCredit and Commerzbank held their first meeting on Friday, after the Italian bank this month emerged as the biggest investor in its German peer with a nearly 21%
September 27, 2024
Canada recorded a sharply higher C$7.29 billion ($5.41 billion) budget deficit for the first four months of the 2024/25 fiscal year as government expenditures grew faster
September 27, 2024
Chinese automaker BYD is seeking an extension of tariff relief for electric vehicle imports from Mexico's government, an executive told newspaper Reforma in an interview
September 27, 2024
An affiliate of Elliott Investment Management on Friday was named the presumptive winner in a U.S. court auction of shares in a parent of oil
September 27, 2024
Kentucky's attorney general has sued pharmacy benefit manager Express Scripts
September 27, 2024
WW International, also known as WeightWatchers, said on Friday CEO Sima Sistani was stepping down and that insider Tara Comonte would succeed her on an interim basis.
September 27, 2024
Italy's ITA Airways said on Friday it expects passenger revenue to increase by a quarter in 2024 from last year as it flies with fuller planes, after core profit
September 27, 2024
A dual win for consumers: Inflation cooled last month, paving way for borrowing costs to come down more
September 27, 2024
Upon taking the top job at Italian bank UniCredit in 2021, Andrea Orcel, a veteran M&A adviser, vowed not to repeat the mistake he saw
September 27, 2024
The personal consumption expenditures (PCE) price index rose 0.1% in August after an unrevised 0.2% gain in July the Commerce Department reported on Friday.
September 27, 2024
By Lauren Young NEW YORK - This was originally published in the Reuters On the Money newsletter, where we share U.S. personal finance tips and insights every other week.
September 27, 2024
The Federal Reserve is likelier than not to deliver a second 50-basis-point interest rate cut in November, traders bet on Friday, after a government report showed U.S. inflation has cooled
September 27, 2024
China's central bank said late on Friday it lowered borrowing costs of the standing lending facility (SLF) by 20 basis points across all tenors.
September 27, 2024
The Federal Reserve’s preferred inflation measure provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts
September 27, 2024
U.S. consumer spending increased slightly less than expected in August, but that did little to change expectations that solid economic growth persisted in the
September 27, 2024
U.S.-listed shares of Chinese firms and China-focused funds jumped on Friday and are set for another day of strong gains, aided by the latest in
September 27, 2024
The glum faces of Ireland's finance and spending ministers after hearing the country received an unexpected 14 billion-euro windfall in Apple back taxes earlier
September 27, 2024
Leading mining companies are struggling to balance investor expectations for hefty returns with paying the necessary premiums to buy pure play copper
September 27, 2024
Major brokerages, including Goldman Sachs and JPMorgan, now expect the European Central Bank to deliver a quarter-point cut at its Oct. 17 meeting, on the back of recent data showing
September 27, 2024
The lead European Union privacy regulator fined social media giant Meta 91 million euros ($101.5 million) on Friday for inadvertently storing some users' passwords without protection
September 27, 2024
Toyota Motor Corp is recalling over 42,000 U.S. vehicles over loss of power brake assist that can extend the distance required to stop, the National Highway Traffic Safety Administration
September 27, 2024
Germany's finance minister has conveyed to Italy's Treasury his concerns about any takeover of Commerzbank by Italian lender UniCredit, two people familiar with the
September 27, 2024
U.S. interest rate cuts and China's economic stimulus package for markets will be conducive to private equity deals in Asia, with lower funding
September 27, 2024
British retailers reported the fastest growth in sales since May this month and see a further modest expansion for October, the Confederation of British Industry said on Friday, in
September 27, 2024
Rising U.S. crude oil exports are boosting the prominence of Gulf Coast price benchmarks and buoying trading volumes on Houston contracts, eroding the
September 27, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan U.S. stocks surf new records as the last full week of the quarter comes to a close, with China's furious monetary easing accelerating
September 27, 2024
Slowing inflation in August buttressed arguments Federal Reserve officials used in defense of their decision to lower interest rates by half of a percentage
September 27, 2024
The blue-chip Dow Jones Industrial Average closed at a record high as a subdued inflation report stoked hopes for more Federal Reserve rate cuts, which also boosted small-cap
September 27, 2024
UBS is in talks to form an Indian wealth management joint venture with Mumbai-based 360 One WAM, two sources with direct
September 27, 2024
Inflation has eased more than expected in two of the euro zone's biggest economies and the German jobs market has continued to cool this month, adding to an
September 27, 2024
Japan's incoming prime minister Shigeru Ishiba said on Friday the country's monetary policy will broadly remain loose, but he signalled that he
September 27, 2024
Thailand's underperforming $77 billion social security fund will invest $11.6 billion in a new foray into global private assets, an executive told Reuters, part
September 27, 2024
Euro zone consumers have trimmed their inflation expectations for the next 12 months to the lowest level in three years, a European Central Bank poll showed on Friday, in a
September 27, 2024
French tycoon gains $17 billion from China’s economic stimulus push
September 27, 2024
Senegal's sovereign dollar bonds fell on Friday after a government audit revealed larger debt and deficit figures than the previous administration had reported,
September 27, 2024
Financial markets will enter the fourth quarter fizzing with anticipation of a drop in global interest rates from high levels in the past few years and the only question is whether the
September 27, 2024
Europe's STOXX 600 share index closed at a record high on Friday as companies and sectors exposed to China continued to rally after Beijing unveiled a
September 27, 2024
Europe's STOXX 600 rose 0.2% to a record high of 526.72 points on Friday, eclipsing late August's all-time peak.
September 27, 2024
Shares in Moncler rose sharply on Friday after French rival LVMH invested in the Italian outerwear specialist, fuelling speculation about the
September 27, 2024
The Spanish economy showed strength compared to peers in the first half of the year, with growth of 0.9% in the first quarter and 0.8% in the second quarter, according to
September 27, 2024
The overseas arm of India's National Payments Corporation of India (NPCI) will build a digital payments system for Trinidad and Tobago, modelled after India's
September 27, 2024
The World Bank said it is rolling out measures to ensure the recipients of lending to Uganda are not discriminated against by a tough anti-gay law.
September 27, 2024
Commerzbank's designated CEO Bettina Orlopp met with bankers from UniCredit virtually on Friday morning, two people with knowledge of the matter told Reuters, as the
September 27, 2024
Spanish lender BBVA and U.S. investor KKR said on Friday they had formed a strategic partnership focused on investments linked to the world's climate-driven
September 27, 2024
The fashionable idea that the world economy has arrived in a new more inflationary regime post-pandemic may ring hollow in Switzerland - one small vignette questioning
September 27, 2024
U.S. stocks closed another record-setting week with a muted performance
September 27, 2024
South Korea's exports are expected to have risen for a 12th straight month in September, but with the growth momentum slowing further, a Reuters poll showed on Friday.
September 27, 2024
A look at the day ahead in European and global markets from Stella Qiu What a week it's been for Beijing.
September 27, 2024
Intel and the U.S. government will likely finalise $8.5 billion in direct funding for the chipmaker before the end of the year, the Financial Times reported on Friday, citing people
September 27, 2024
Many Wall Street executives have reservations about backing either candidate in the U.S. presidential election,
September 27, 2024
South Korea will use 10 trillion won ($7.59 billion) in health insurance funds over three years to raise fees doctors receive for treating severe illnesses, the health ministry said
September 27, 2024
Arm Holdings approached Intel about potentially acquiring the company's product division but was told that the business is not for sale, Bloomberg News reported on Thursday.
September 27, 2024
Japan's industrial output likely slipped in August, weighed down by weak demand from overseas and local factory suspensions due to a typhoon, factors that could dent momentum in an
September 27, 2024
The Reserve Bank of India (RBI) is expected to cut interest rates by a modest 50 bps over the next six months, according to a majority of economists in a Reuters
September 27, 2024
Treasury yields and the dollar fell while the Dow registered a record closing high on Friday as a subdued U.S. inflation report lifted expectations of an
September 27, 2024
Sri Lanka's central bank kept interest rates unchanged on Friday in line with expectations, citing domestic and global uncertainties, but said inflation was
September 27, 2024
The dollar fell on Friday after a reading of U.S. inflation signaled price pressures continue to ebb, while the yen strengthened against the greenback after
September 27, 2024
Two years after Tata Group took control of Air India in a $2.4 billion deal, re-kitting an ageing fleet amid parts shortages and persistent
September 27, 2024
Oil prices settled higher on Friday but fell on the week as investors weighed expectations for higher global supply against fresh stimulus from top crude
September 27, 2024
Australia and China agreed to cooperate further on investment, trade and decarbonisation, Treasurer Jim Chalmers said on Friday during a rare visit to Beijing where
September 26, 2024
Shares in Australia's no.2 casino operator Star Entertainment slumped over 50% to a record low on Friday, as it resumed trading a day after posting a second straight multi-billion-dollar
September 26, 2024
China's central bank on Friday lowered interest rates and injected liquidity into the banking system as Beijing assembled a last-ditch stimulus assault to
September 26, 2024
China's central bank said on Friday it was lowering the borrowing cost of its seven-day reverse repurchase agreements, as part of the biggest stimulus package since the pandemic
September 26, 2024
Core inflation in Japan's capital matched the central bank's 2% target in September, data showed, a sign the economy is making progress in meeting the criteria for
September 26, 2024
It's safe to say that the timing and scale of the stimulus measures unleashed by China this week were, in large part, prompted by the U.S.
September 26, 2024
A Federal Reserve official says he supports reducing the central bank’s key interest rate somewhat from its current level
September 26, 2024
Federal Reserve Governor Lisa Cook on Thursday endorsed the U.S. central bank's 50-basis-point interest-rate cut last week as a way to address increased "downside risks" to employment.
September 26, 2024
A Florida firm that had a 5.5% stake in Trump Media & Technology Group has disposed of most of their holdings in the company, which owns former president Donald Trump’s Truth Social platform
September 26, 2024
A look at the day ahead in Asian markets. Will this week be Chinese President Xi Jinping's equivalent of Mario Draghi's famous "whatever it takes" moment?
September 26, 2024
Sports betting company DraftKings has agreed to pay a $200,000 penalty for selectively disclosing material non-public information on social media accounts rather than to all investors, the
September 26, 2024
Shares of Cassava Sciences fell 10% in post-market trading on Thursday after the U.S.
September 26, 2024
Trump hawks $100,000 watches as he leverages his candidacy for profit
September 26, 2024
Ratings agency Fitch said on Thursday that Brazil's better-than-expected economy has not translated into stronger public finances, forecasting a tougher 2025 and a steeper rise in
September 26, 2024
Amazon has exceeded its goal of attracting $1.8 billion in ad-spending commitments on its video-streaming services for next year, The Information reported on Thursday citing a person with
September 26, 2024
One of the biggest shareholders in former U.S. President Donald Trump's media company has all but eliminated its stake following the recent end of selling restrictions.
September 26, 2024
Costco Wholesale missed market expectations for fourth-quarter revenue on Thursday hurt by cautious consumer spending on pricier items at its membership-only stores and
September 26, 2024
Alphabet plans to invest $3.3 billion in South Carolina to build two new data centers, CEO Sundar Pichai said, at a time when the Google parent and its rivals invest heavily in
September 26, 2024
The Bank of Mexico lowered its benchmark interest rate by 25 basis points to 10.50% on Thursday, the second straight cut as price pressures have been easing in Latin America's
September 26, 2024
An expert witness testifying for Google says an antitrust case brought against the tech giant drastically underestimates the company's competition
September 26, 2024
Private equity firm TPG has agreed to buy a minority stake in Homrich Berg, an investment that would allow the wealth management firm to pursue growth
September 26, 2024
Over $800 million has been pledged to the Africa Centres for Disease Control and Prevention for its fight against a surging mpox outbreak on the continent, the agency's head said on
September 26, 2024
Silver prices have bubbled up to their highest in over a decade on the back of bullion's stellar bull run and China's stimulus measures, although some analysts expect the
September 26, 2024
The average rate on a 30-year mortgage in the U.S. slipped this week to its lowest level in two years, boosting home shoppers’ purchasing power as they navigate a housing market with prices near all-time highs
September 26, 2024
Suitors have approached Eni over the potential sale of a second stake in its biofuel unit Enilive as the Italian group discusses the final details of a deal to
September 26, 2024
At least five African countries are working on what could be the world's first joint "debt-for-nature" swap to raise at least $2
September 26, 2024
U.S. antitrust regulators will bar Hess CEO John Hess from taking a board seat as a condition of its go-ahead of oil producer Chevron's $53 billion purchase of Hess, people close to
September 26, 2024
Microsoft on Thursday pledged to invest 14.7 billion reais ($2.70 billion) in Brazil over three years to enhance its cloud infrastructure and artificial intelligence (AI) in
September 26, 2024
US charges two Russians accused of running billion-dollar money laundering schemes
September 26, 2024
Pakistan has received "significant financing assurances" from China, Saudi Arabia and the United Arab Emirates linked to a new International Monetary Fund program
September 26, 2024
Shares of BKV rose 3.1% in their debut on the New York Stock Exchange on Thursday, giving the U.S. natural gas producer a market capitalization
September 26, 2024
Swedish fashion retailer H&M is banking on lower prices and a wider range of trendy clothing compared to basics to drive sales among cautious
September 26, 2024
(This Sept. 26 story has been corrected to remove the incorrect references to liquidators of China Evergrande New Energy Vehicle Group as they are related to parent company China
September 26, 2024
Guardian Pharmacy's shares rose 3.3% in their NYSE debut on Thursday, giving the healthcare firm a market valuation of about $880 million, as investors remained selective about new listings
September 26, 2024
Wells Fargo has sent the Federal Reserve a third-party review of its risk and control overhauls as it looks to shed an asset cap imposed by the regulator, Bloomberg News reported on
September 26, 2024
Denmark’s King Frederik has laid a foundation stone to launch the reconstruction of Copenhagen’s iconic Old Stock Exchange, which was partly destroyed by a fire in April that toppled its green copper roof and iconic dragon-tail spire
September 26, 2024
Most wealthy investors are considering changes in their portfolios ahead of the Nov.
September 26, 2024
New orders for key U.S.-manufactured capital goods unexpectedly rose in August, though business spending on equipment appears to have lost momentum in the third quarter.
September 26, 2024
The Swiss National Bank's departing chairman Thomas Jordan made his last public appearance on Thursday, with his successor - Vice Chairman Martin Schlegel - pledging to stick to the
September 26, 2024
Visa agreed to buy AI-driven payments protection firm Featurespace on Thursday, marking the payments giant's latest effort to strengthen its financial crime and fraud
September 26, 2024
Privately held oil and gas producer Validus Energy has struck a deal to buy rival Citizen Energy for more than $2 billion, including debt, according to
September 26, 2024
New vehicle sales in September in the United States are projected to fall 1.8% from a year ago, partly hurt by three fewer selling days, a report by industry consultants J.D.
September 26, 2024
U.S. economic growth accelerated in the second quarter amid strength in consumer spending, the government confirmed on Thursday.
September 26, 2024
The number of Americans filing new applications for unemployment benefits dropped to a four-month low last week, suggesting that the labor market remained
September 26, 2024
The U.S. economy grew faster than initially thought in 2023 amid upgrades to business investment and consumer spending despite hefty interest rate increases
September 26, 2024
Australia's two dominant grocery chains have declared interests in more than 150 unrealised development sites, the antitrust regulator said, adding it was investigating
September 26, 2024
Used car retailer CarMax beat Wall Street estimates for second-quarter revenue on Thursday as price cuts on used vehicles boosted unit sales, especially in the retail
September 26, 2024
Brazilian state-run lender Banco do Brasil, the country's second-largest by assets, launched a campaign in June to combat a rise in bankruptcy filings in the
September 26, 2024
Elon Musk hit back at Britain on Thursday after reports that he had not been invited to the country's upcoming investment summit, alleging the government was releasing
September 26, 2024
The global financial architecture needs a permanent mechanism for restructuring sovereign debt, as measures currently in place have fallen short for creditors
September 26, 2024
IT services major Accenture unveiled a $4 billion share buyback on Thursday and beat quarterly earnings expectations thanks to strong demand for its services that help businesses adopt
September 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan With quarter-end fast approaching, tech excitement returned to Wall Street overnight with another AI-driven earnings beat from Micron
September 26, 2024
Investors who manage hundreds of billions of dollars are pressing Microsoft, Alphabet and others for more information on the power needed for artificial
September 26, 2024
Sanctioned Russian billionaire Andrey Guryev on Thursday defeated a lawsuit brought by a former friend seeking a significant stake in one of the world's biggest fertiliser producers
September 26, 2024
China plans to issue special sovereign bonds worth about 2 trillion yuan ($284.43 billion) this year as part of a fresh fiscal stimulus, said two sources with knowledge of the matter,
September 26, 2024
As China steps up efforts to stabilise its economy with fresh stimulus, the country's top banks would need to be capitalised at the earliest to
September 26, 2024
The impending expiry of a U.S. licence permitting transactions involving the pillars of Russia's financial infrastructure could make it harder and costlier for
September 26, 2024
Bank lending to the euro zone economy expanded slightly in August, continuing a slow rebound since the start of the year possibly boosted by the prospect of steady European
September 26, 2024
Commerzbank's designated CEO, Bettina Orlopp, said on Thursday that the bank will hold a first round of talks with UniCredit on Friday as the Italian lender presses for a possible
September 26, 2024
A prospective investment by Meta Platforms in eyeglasses maker EssilorLuxottica will be a "symbolic" gesture to cement their long-term partnership, Meta CEO Mark Zuckerberg told
September 26, 2024
The Swiss National Bank reduced interest rates by 25 basis points on Thursday, echoing steps to lower borrowing costs by the European Central Bank and U.S.
September 26, 2024
Pakistan's benchmark share index hit a life-time high in opening trade on Thursday, hours after the International Monetary Fund's board
September 26, 2024
Policy doves at the European Central Bank are preparing to fight for an interest rate cut next month after a string of weaker-than-expected
September 26, 2024
Deutsche Bank said on Thursday it now anticipated a faster European Central Bank rate-cutting cycle, with back-to-back quarter-point rate cuts starting from December.
September 26, 2024
European shares jumped on Thursday, with China-exposed stocks such as luxury and miners outperforming on news of aggressive Chinese economic stimulus,
September 26, 2024
Russia's increased budget spending next year risks fuelling inflation and may force the central bank to maintain tight monetary policy with the benchmark interest rate in double
September 26, 2024
Commerzbank will hold a first round of talks with UniCredit on Friday, the German bank's designated CEO Bettina Orlopp said, as the Italian lender presses for a
September 26, 2024
Chinese leaders pledged on Thursday to deploy "necessary fiscal spending" to meet this year's economic growth target of roughly 5%,
September 26, 2024
As the market euphoria to China's biggest stimulus since the pandemic settles, foreign investors are now asking whether the $114
September 26, 2024
German chemicals giant BASF on Thursday slashed the dividends it plans to pay out in 2025 and in the following three years to preserve cash as it
September 26, 2024
H&M scrapped its margin target for 2024 as higher discounting, costs and fierce competition hurt operating profit in the third quarter, denting
September 26, 2024
Brazil's Total Linhas Aereas, a small cargo and charter airline, aims to become the first firm outside Asia to buy aircraft from China's
September 26, 2024
With key central banks now aligned in cutting interest rates a real-time experiment is underway in how much the global financial
September 26, 2024
A New York appeals court panel appeared receptive Thursday to potentially overturning or reducing a civil fraud judgment that stands to cost Donald Trump nearly $500 million
September 26, 2024
Stellantis wants to adopt the low-cost mindset of Chinese EV makers despite the European and U.S. tariffs CEO Carlos Tavares
September 26, 2024
Investors in emerging market sovereign bonds, alarmed by efforts to limit their debt restructuring options, are adding clauses to bond
September 26, 2024
The Philippines' lower house of congress has slashed funding for Vice President Sara Duterte by nearly two-thirds in the proposed 2025 budget, as a deep split between
September 26, 2024
A look at the day ahead in European and global markets from Rae Wee Asian markets rallied on Thursday, defying weakness overnight on Wall Street as optimism over China's latest stimulus measures got a
September 26, 2024
Dealmakers are bracing for a slowdown in global mergers and acquisitions in the fourth quarter as companies postpone pursuing big targets ahead of the U.S.
September 26, 2024
Dealmakers are bracing for a slowdown in global mergers and acquisitions in the fourth quarter as companies postpone pursuing big targets
September 26, 2024
Australia's No.2 casino operator, Star Entertainment, posted a second straight multi-billion-dollar annual loss as it wrote down the value of venues and
September 26, 2024
U.S. stocks rose to another record as financial markets around the world rallied again
September 26, 2024
China has launched an anti-discriminatory investigation against restrictive measures taken by Canada including additional tariffs on Chinese electric vehicles, steel and aluminum
September 26, 2024
Canada's banking regulator said on Wednesday it will make it easier for borrowers to switch banks when they renew their mortgages by eliminating a rule that industry players have long
September 26, 2024
China is considering injecting up to 1 trillion yuan ($142.39 billion) of capital into its biggest state banks to increase their capacity to support the struggling economy,
September 26, 2024
Global stock indexes reached record highs on Thursday after chipmaker Micron Technology's upbeat forecast, while oil dropped on a media report that Saudi
September 26, 2024
Elon Musk's SpaceX plans to invest $1.5 billion in Vietnam in the near future,
September 26, 2024
The dollar weakened in choppy trading on Thursday after a boost from healthy U.S. economic data faded, while the Swiss franc rose after the country's central
September 26, 2024
Guardian Pharmacy, which provides pharmacy services to long-term healthcare facilities, raised $112 million in its U.S. initial public offering on Wednesday, valuing the company at about $
September 26, 2024
Barbados will call for creation of a new World Bank finance facility to provide emergency liquidity to climate-vulnerable countries in a third version of the
September 26, 2024
Australia's central bank on Thursday cautioned borrowers against taking on excessive debt when interest rates start to fall and risking a boom/bust cycle, though it judged
September 26, 2024
Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world's top crude exporter, will give up its $100 price target in
September 26, 2024
The United Auto Workers union said on Wednesday its members representing Ford's tool and die unit in the River Rouge Complex reached a tentative agreement with the company, one day ahead of
September 25, 2024
Sodexo is exploring a potential acquisition of its U.S. rival Aramark, Bloomberg News reported on Wednesday, sending the shares of the
September 25, 2024
SK Hynix shares jumped more than 9% on Thursday after the South Korean firm started mass production of the most advanced high-bandwidth memory (HBM)
September 25, 2024
Bank of Japan policymakers were divided on how quickly the central bank should raise interest rates further, minutes of the bank's July meeting showed, highlighting
September 25, 2024
Microsoft-backed OpenAI is planning to restructure its core business into a for-profit benefit corporation no longer controlled by its non-profit board, Reuters reported on Wednesday, even
September 25, 2024
Jaguar Land Rover (JLR) will invest 500 million pounds ($669.6 million) to support parallel production of electric vehicles at its Halewood facility as part of its electrification strategy
September 25, 2024
As much as Jun Nagao doesn't like the idea of foreigners scooping up Japanese companies, the former 7-Eleven franchise owner thinks a takeover would bring welcome
September 25, 2024
U.S. private equity firm Blackstone has confirmed a 10 billion pound ($13.3 billion) investment for an artificial intelligence data centre in northeast England, the British prime
September 25, 2024
American Eagle Outfitters sued Amazon.com on Wednesday, accusing it of intentionally infringing the clothing and accessories retailer's "Aerie" and "Offline by
September 25, 2024
A look at the day ahead in Asian markets.
September 25, 2024
The International Monetary Fund said on Wednesday its executive board approved an arrangement of about $210 million for Liberia, with an immediate disbursement of about $8
September 25, 2024
Alphabet, Goldman Sachs and a group of other firms agreed to pay a combined $3.8 million in penalties to settle U.S.
September 25, 2024
Micron Technology shares surged roughly 14% in after-hours trading after the memory maker forecast higher than expected first-quarter revenue due to the thirst for
September 25, 2024
Federal Reserve Governor Adriana Kugler said on Wednesday that she "strongly supported" the U.S. central bank's decision to cut interest rates
September 25, 2024
PayPal Holdings announced on Wednesday it is enabling U.S. merchants to buy, hold and sell cryptocurrency from their business accounts.
September 25, 2024
Pakistani officials say the executive board of the International Fund has approved a new $7 billion loan for the country
September 25, 2024
Bahamas Prime Minister Philip Davis tells The Associated Press that his nation is in a financial pickle
September 25, 2024
Pakistan's Prime Minister Shehbaz Sharif welcomed the International Monetary Fund's decision to approve a $7 billion funding agreement for the country, his office said on Wednesday.
September 25, 2024
An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel
September 25, 2024
Shares of former U.S. President Donald Trump's media company sprang back over 6% on Wednesday, rebounding from all-time lows after restrictions on insider selling expired last week.
September 25, 2024
The rush for gold just keeps coming
September 25, 2024
Latin American e-commerce giant MercadoLibre's fintech arm, Mercado Pago, has submitted its request for a banking license to the Mexican regulator, the unit said on Wednesday.
September 25, 2024
Shares of Ford Motor and General Motors fell about 5% on Wednesday after Morgan Stanley analysts downgraded the U.S. automakers, citing a challenging market environment marked by
September 25, 2024
U.S. investment fund Oaktree Capital Management has injected a total of 47 million euros ($52 million) in capital into Inter Milan, the Italian soccer champions said on Wednesday,
September 25, 2024
As former Federal Reserve Chair Ben Bernanke used to quip, "monetary policy is 98% talk and only 2% action."
September 25, 2024
Vanguard's new chief, Salim Ramji, said on Wednesday that he plans to expand the fixed income offering of the U.S. top asset manager given the market's size
September 25, 2024
A New York appeals court is set to hear arguments in former President Donald Trump’s fight to overturn a civil fraud judgment that could cost him close to half a billion dollars
September 25, 2024
Why moves by Amazon and comments by Jamie Dimon don’t threaten an end to remote work benefits
September 25, 2024
Nearly a third of company financial officers say that risks around the Nov.
September 25, 2024
Global debt hit a record high of $312 trillion at the end of the second quarter, driven by borrowing in the United States and China, while a key debt ratio in emerging markets
September 25, 2024
Sri Lanka's new President Anura Kumara Dissanayake said on Wednesday that he plans to begin negotiations with the International Monetary Fund (IMF) immediately
September 25, 2024
Six European Central Bank policymakers told Reuters they were broadly in favour of a tie-up between Italy's UniCredit and Germany's
September 25, 2024
BBVA Chief Executive Onur Genc said on Wednesday he remained bullish on Mexico, the Spanish bank's largest market, ahead of the swearing-in ceremony of incoming President Claudia
September 25, 2024
The Czech Republic’s central bank has cut its key interest rate for the seventh time in a row as inflation remains low and amid the economy’s slow recovery
September 25, 2024
U.S. shoppers are expected to spend a record $18.5 billion using third-party buy now, pay later (BNPL) services for holiday purchases in the last quarter of
September 25, 2024
Germany's Commerzbank says its role as a key lender to the swathe of "Mittelstand" midsize companies that drive Europe's top economy is grounds to resist
September 25, 2024
Germany cranked up its opposition on Wednesday to UniCredit's raid on Commerzbank at the same time as a big investor in the German lender
September 25, 2024
Gold’s hitting new records again. Here’s what it means for the economy
September 25, 2024
Warren Buffett's Berkshire Hathaway has offloaded more shares in Bank of America, its latest filing showed on Tuesday, raking in about $9 billion since July.
September 25, 2024
BioAge Labs is eyeing a valuation of up to $639.7 million in its upsized initial public offering in the United States, the obesity drug developer said on Wednesday, in a sign of strong
September 25, 2024
The Dow Jones Industrial Average and S&P 500 closed lower on Wednesday, pulling back from recent record highs driven by China's sweeping stimulus package, as investors awaited
September 25, 2024
The Federal Reserve seems to be winning the inflation battle in the United States, Bank of America CFO Alastair Borthwick said, days after the central bank cut interest rates for the first
September 25, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The unexpected downturn in U.S. household confidence this month and growing anxiety about jobs has spurred aggressive interest rate
September 25, 2024
The Federal Reserve's aggressive start of the easing cycle has rekindled inflation worries in the U.S. bond market, as some investors fear looser financial
September 25, 2024
Australia's embattled Star Entertainment said on Wednesday it will announce annual results a day later after securing a crucial debt package, which provides the casino group with a much-
September 25, 2024
The German government has ruled out increasing its stake in Commerzbank again in the takeover dispute with Italy's Unicredit during a meeting of the parliamentary finance committee,
September 25, 2024
Global growth is in the process of stabilising as the drag from central bank rate hikes fades and falling inflation boosts households' incomes, the OECD said on Wednesday, marginally
September 25, 2024
The OECD sharply upgraded its ranking for British economic growth this year and in 2025 on Wednesday, after previously predicting Britain would have the weakest
September 25, 2024
Google Cloud, Norway's sovereign wealth fund and Swiss bank UBS have joined forces to back a bid to run Britain's real-time record of transactions in bond
September 25, 2024
Wage pressures are easing across the euro zone, driven in great part by lower additional compensation paid on top of negotiated wages, likely contributing to a further moderation
September 25, 2024
The UK's main stock indexes ended Wednesday on a downbeat note, hurt by energy shares tracking lower oil prices, while miners kept the losses in
September 25, 2024
Europe's STOXX 600 closed slightly lower on Wednesday as energy stocks tracked lower crude oil prices, while Germany's SAP slipped on news that the
September 25, 2024
Turkish households' expectations for annual inflation 12 months ahead stood at 71.6% in September, the central bank said on Wednesday, down 1.5 points from a month earlier.
September 25, 2024
French telecom operator Orange intends to delist its shares from the New York Stock Exchange (NYSE), it said on Wednesday, citing the financial and administrative requirements of the
September 25, 2024
France's new finance and budget ministers said on Wednesday they
September 25, 2024
DBS Group Chief Executive Piyush Gupta said on Wednesday it is in the process of increasing ownership in its China securities joint venture to 91% from 51%.
September 25, 2024
Plans by African governments to raise money on China's domestic debt markets via so-called panda bonds could be undone by their heavy debt
September 25, 2024
China-exposed assets jumped on Tuesday after Beijing announced its biggest stimulus since the pandemic in a bid to pull the world's second-largest economy out of the deflationary
September 25, 2024
China's central bank has shifted to a more aggressive easing stance, but its policy weapons don't have the key enemy to
September 25, 2024
Japan's securities watchdog has recommended imposing a 21.8 million yen ($151,715) penalty on Nomura Holding's brokerage unit for alleged manipulation in the
September 25, 2024
Thailand's $53 billion automobile industry is facing a grim future as highly indebted domestic consumers struggle to finance
September 25, 2024
Volkswagen's showdown with powerful labour leaders over how to tackle spiralling costs at underused German factories has triggered intense soul-
September 25, 2024
Political uncertainty and the surprise prominence of a reflationist-minded candidate in Japan's ruling party leadership race may add pressure on the central bank to
September 25, 2024
Indonesia's President-elect Prabowo Subianto will keep to budget spending levels already approved for 2025, a senior member of his incoming
September 25, 2024
A look at the day ahead in European and global markets from Kevin Buckland Beijing's big shot of stimulus is still pumping through Chinese markets, but its effect on broader markets could already be
September 25, 2024
U.S. stocks edged back from their records as financial markets around the world took a pause following big recent moves
September 25, 2024
Australia Treasurer Jim Chalmers said he would travel to China this week for talks with Chinese counterparts, the first such visit by an Australian Treasurer in seven years.
September 25, 2024
Australia's federal court has imposed a record A$12.9 million ($8.89 million) fine on top U.S. asset manager Vanguard's local unit for making misleading claims about its ethical and green
September 25, 2024
Global stock indexes mostly eased on Wednesday along with energy shares, while U.S.
September 25, 2024
Australian consumer price inflation slowed to a three-year low in August thanks to government rebates on electricity, while core inflation hit its lowest since early
September 25, 2024
South Korea's Finance Minister Choi Sang-mok said on Wednesday that the government's policy priority was more focused on tackling slowing domestic demand than rising household debt
September 25, 2024
Australian consumer price inflation slowed to a three-year low in August due to government rebates on electricity and a drop in petrol, while core inflation hit its lowest since
September 25, 2024
China's central bank lowered the cost of its medium-term loans to banks on Wednesday in a move consistent with broad policy easing measures announced a day earlier to shore up a
September 24, 2024
Oil prices slumped over 2% on Wednesday as worries over supply disruptions in Libya eased and demand concerns continued despite China's latest stimulus plans.
September 24, 2024
The dollar bounced off a 14-month low against the euro on Wednesday in choppy trading, but investors held onto bets that the Federal Reserve will make another
September 24, 2024
Argentina's government may condense negotiations with the International Monetary Fund (IMF) staff on its $44 billion program before opening talks on a new agreement that could include new
September 24, 2024
Developing Asia is on track to grow 5% this year, supported by strong consumption and high demand for tech exports, the Asian Development Bank (ADB) forecast on Wednesday, and said
September 24, 2024
Fed's Kashkari says broad-based US deportations could disrupt labor for some businesses
'Heretic' and Hugh Grant debut with $11 million, but 'Venom: The Last Dance' tops box office again
Veterans face challenges starting small businesses but there are plenty of resources to help
Trump in phone call advised Putin not to escalate in Ukraine - Washington Post
The Taliban will attend a UN climate conference for the 1st time
No reason not to cut rates in Dec as of now, ECB's Holzmann tells paper
Chiefs block Broncos' potential winner as time expires, hold on for 16-14 win to remain perfect
Judith Jamison, influential dancer and choreographer, dies at 81
Tennis Channel takes Jon Wertheim off the air for comment about Wimbledon champ Barbora Krejcikova