Tech giant Apple has made a $100 million investment proposal to Indonesia to build a plant to manufacture accessories and components, the industry ministry said on Wednesday.
November 20, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Tuesday's geopolitical angst faded fast in world markets as positioning ahead of today's results from AI-giant Nvidia saw Big Tech
November 20, 2024
Former billionaire investor Sung Kook "Bill" Hwang was sentenced to 18 years in prison on Wednesday over the collapse of Archegos Capital
November 20, 2024
The Federal Reserve must not remove Wells Fargo's $1.95 trillion asset cap until the bank has fixed its risk management and compliance issues, top Democratic
November 20, 2024
Alphabet's Google must sell its Chrome browser, share data and search results with rivals and take other measures - including possibly selling Android - to end its monopoly on
November 20, 2024
Sinochem Group may keep three bankrupt oil refineries located in eastern China after auctions to sell them drew little interest from other companies, sources
November 20, 2024
President Tayyip Erdogan on Wednesday cited the central bank's year-end inflation forecast of 44% and said Turkey will not let inflation crush people when asked about an expected
November 20, 2024
Euro zone negotiated wage growth accelerated in the third quarter, adding to the case for caution in cutting interest rates quickly as the labour market remains tight despite
November 20, 2024
How much will a Thanksgiving dinner cost this year? Jenn Sullivan looks at how inflation is impacting prices
November 20, 2024
Volkswagen workers offered on Wednesday to back 1.5 billion euros ($1.6 billion) in cost savings if it rules out closing plants in
November 20, 2024
Private equity firm Cinven secured a conditional approval from Italian authorities over its plan to sell a 15% stake in diagnostic service provider Synlab to laboratory operator
November 20, 2024
The European Central Bank warned on Wednesday about a "bubble" in stocks related to artificial intelligence (AI), which could burst abruptly if investors' rosy expectations are
November 20, 2024
The United States could impose nearly 40% tariffs on imports from China early next year, a Reuters poll of economists showed, potentially
November 20, 2024
Europe's main stock index closed flat after a volatile session on Wednesday as investors remained on edge over geopolitical
November 20, 2024
Speculative fever in Chinese stocks is running red hot and catching the attention of some global funds, who figure local money is worth
November 20, 2024
Finnish telecom equipment supplier Nokia on Wednesday said it had won a "multi-billion" dollar deal with India's Bharti Airtel for delivery of 4G and 5G equipment.
November 20, 2024
South Africa's inflation rate dropped sharply in October to its lowest level since the peak of the COVID pandemic, data showed on Wednesday,
November 20, 2024
Japan's ruling coalition on Wednesday agreed with a key opposition party on the draft of an economic stimulus package, clearing a major hurdle for the $87
November 20, 2024
Indonesia's central bank left interest rates unchanged on Wednesday, as expected, saying changed global dynamics after the U.S. election
November 20, 2024
British inflation jumped by more than expected last month to rise back above the Bank of England's 2% target and underlying price growth
November 20, 2024
Pity the poor forecasters compiling 2025 investment outlooks. Little of their hastily-compiled post-election annual outlooks may endure beyond the end of this year.
November 20, 2024
Computer chip maker STMicroelectronics pushed back its long-term financial targets on Wednesday, saying its future remains bright but a downturn in its
November 20, 2024
HSBC is relaunching its 'Premier' wealth banking brand in Britain, targeting so-called mass affluent customers who have between 100,000 and 2 million pounds ($2.5
November 20, 2024
A look at the day ahead in European and global markets from Stella Qiu Trading was subdued in Asia with everyone waiting for the earnings results of AI darling Nvidia, the world's most valuable
November 20, 2024
Thailand expects to conduct the third phase of its cash handout stimulus programme in the second quarter next year, when 140 billion baht ($4.1 billion) will be distributed to 14
November 20, 2024
Major Chinese fund companies announced a big reduction in fees for a batch of equity exchange-traded funds (ETFs) on Wednesday, intensifying price competition in the
November 20, 2024
The Bank of Japan is laying the groundwork to raise interest rates again, but has left markets guessing how soon and at what pace it could push up still-low borrowing
November 20, 2024
The U.S. dollar rose on Wednesday, renewing its post-election rally after a three-session decline as investors looked for more insight on the Federal Reserve's
November 20, 2024
Bitcoin rose to a fresh record high just shy of $95,000 after a report that Donald Trump's social media
November 20, 2024
Oil prices settled lower on Wednesday after U.S. crude and gasoline stocks rose by more than expected last week, but losses were capped by worries about the
November 20, 2024
Global shares edged lower on Wednesday as markets weighed tensions between Russia and the West, while bitcoin hit a new record high and
November 20, 2024
Japan racked up a trade deficit in October for the fourth month in a row, as a weak yen and rising energy prices kept import costs high
November 20, 2024
The gender pay gap in Australia has narrowed marginally though women employees on average still earned A$28,425 ($18,590) less each year than their male colleagues, a
November 20, 2024
Major Australian banks have partnered with BioCatch in launching a pilot of an anti-scam project, aimed at reducing frauds in banking payments, the Israeli digital fraud detection startup
November 20, 2024
China left benchmark lending rates unchanged at the monthly fixing on Wednesday, after lenders slashed the rates by higher-than-expected margins last month to revive economic
November 20, 2024
California voters have rejected a measure on the November ballot that would have raised the minimum wage for most workers to $18 an hour
November 20, 2024
Alibaba has raised $5 billion in a dual-currency bond, China's biggest e-commerce company said on Wednesday, marking the largest deal of its kind in the Asia-Pacific this
November 20, 2024
Funding for the proposed buyout of Japan's Seven & i Holdings by its founding family will be finalised by the end of December and will involve Japan's
November 20, 2024
Japanese media powerhouse Kadokawa said on Wednesday it had received a letter of intent to buy its shares, a day after a Reuters report that Sony was in talks to acquire
November 20, 2024
Britain's official labour market statistics may be failing to count almost 1 million people who are in work, complicating the Bank of England's task of deciding
November 20, 2024
U.S.-listed shares of Nokia jumped around 5% in extended trading on Tuesday after T-Mobile said it has no plans to stop working with the Finnish company in a response to an analyst report
November 19, 2024
Australia's official statistician has been overestimating the cost of child care in its consumer price index for the past year, but the error will not result in any changes to
November 19, 2024
A federal judge on Tuesday rejected Pfizer's bid to recoup about $75.2 million left over from a U.S.
November 19, 2024
A look at the day ahead in Asian markets.
November 19, 2024
Dell Technologies and Iron Bow Technologies have agreed to pay more than $2 million each to resolve allegations by the U.S. government they overcharged the Army on a computing
November 19, 2024
President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency enthusiast, as his nominee for commerce secretary
November 19, 2024
A combination of hurricane damage to Tropicana Field and political delays on financing means it is highly unlikely the Tampa Bay Rays’ planned new stadium will be ready for the 2028 season, if at all
November 19, 2024
The U.S. Department of State has approved the potential $100 million sale of military equipment and services to Ukraine, the Pentagon said in a statement on Tuesday.
November 19, 2024
Wall Street veteran Howard Lutnick, whose domain stretches from brokerages to real estate, has been one of Donald Trump's biggest promoters from the business world in recent
November 19, 2024
President-elect Donald Trump has tapped billionaire professional wrestling mogul Linda McMahon to be secretary of the Education Department, tasked with overseeing an agency Trump has promised to dismantle
November 19, 2024
It remains uncertain how far interest rates can fall, though the initial reductions made by the U.S. central bank are a vote of confidence that inflation is
November 19, 2024
Corporate executives were taking a wait-and-see approach to President-elect Donald Trump's vow to impose heavy tariffs on imports when he
November 19, 2024
Brazilian development bank BNDES signed a deal with Paraguay's government on Monday to provide 600 million reais ($103.9 million) in financing for the export of six Embraer's Super Tucano
November 19, 2024
Jake Paul and Mike Tyson punched up a record-breaking gate at AT&T Stadium on Saturday with 72,300 fans in attendance leading to $18,117,072 in total revenue, a record for boxing and mixed martial
November 19, 2024
Figuring out what to do with a small business when an owner is ready to retire can be difficult, but it’s best to have a plan well in advance of making a big change
November 19, 2024
The COP29 climate talks in Azerbaijan aim to agree an annual finance target of $1 trillion or more a year to help poorer countries respond to global warming.
November 19, 2024
Chinese President Xi Jinping told German Chancellor Olaf Scholz
November 19, 2024
Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone in a deal valued at $8 billion
November 19, 2024
Even bulls now admit that U.S. stocks and credit are expensive.
November 19, 2024
Money.ca profiles the influencers trying to share real financial advice in a sea of social media clickbait.
November 19, 2024
The Swedish government does not plan to take a stake in lithium-ion battery maker Northvolt, Deputy Prime Minister Ebba Busch told Reuters on Tuesday as the company continues to
November 19, 2024
Healthcare executives and investors expect an uptick in initial public offerings and corporate dealmaking in 2025, with geopolitical tensions overtaking
November 19, 2024
The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt slipped.
November 19, 2024
Italian ruling-coalition lawmakers are urging the government to scale back plans to increase taxes on cryptocurrency capital gains and expand the number of firms forced to pay a
November 19, 2024
Canada's annual inflation rate accelerated more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on Tuesday, likely diluting chances of
November 19, 2024
Canada's annual inflation rate rose more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on
November 19, 2024
Retail trading platform Robinhood Markets will acquire portfolio management platform TradePMR in a cash-and-stock deal for about $300 million, the companies said on Tuesday.
November 19, 2024
Jersey Mike’s Subs is worth $8 billion after a huge investment from Blackstone
November 19, 2024
Medtronic lifted the lower end of its annual profit forecast for a second time on Tuesday, banking on sustained demand for its medical devices in the United
November 19, 2024
The Bank of England will keep Bank Rate on hold in December as global inflation worries resurface, according to a Reuters poll of economists who were split
November 19, 2024
As officials from around the world strive this week to reach a deal on funding for poorer countries to tackle climate change,
November 19, 2024
International Monetary Fund staff and Ukrainian authorities have reached an agreement that would give Ukraine access to about $1.1 billion, the IMF said on Tuesday, adding that
November 19, 2024
Walmart on Tuesday raised its annual sales and profit forecast for the third consecutive time, as people bought more groceries and
November 19, 2024
As Americans bargain shop, six-figure earners flock to Walmart
November 19, 2024
Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could
November 19, 2024
AeroVironment will buy space and defense engineering company BlueHalo in an all-stock deal valued at about $4.1 billion, the companies said on Tuesday, as the drone maker seeks to broaden
November 19, 2024
Mantle Ridge has nominated nine directors to replace the board at Air Products and Chemicals, with the activist investor pushing the industrial gases maker
November 19, 2024
The Bank of England said on Tuesday it was launching a consultation on proposed, post-Brexit rules for clearing houses, payment system operators and other financial market
November 19, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan U.S.
November 19, 2024
Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday, banking on a boost to its current-quarter sales from hurricane-related demand,
November 19, 2024
The German economy is likely to stagnate in the last three months of the year as the labour market continues to soften and possible new trade tariffs loom, the country's central
November 19, 2024
Joe McCann was sitting in his Miami condo, eyes glued to screens flashing with bitcoin trades as the American election results rolled in.
November 19, 2024
The Bank of Mexico will likely be able to continue cutting its benchmark interest rate due to the progress made on bringing inflation down, bank governor
November 19, 2024
Morgan Stanley is looking to add employees of startup companies as wealth management clients as U.S. investment banks prepare for a revival of initial public
November 19, 2024
Options traders are primed for a nearly $300-billion swing in Nvidia's market value following the chipmaker's quarterly results on Wednesday, U.S. options
November 19, 2024
The founding Ito family behind Japanese retailer Seven & i aims to raise more than 8 trillion yen ($52 billion) to take it private by the end of this financial year, Japanese public
November 19, 2024
Aerospace companies urged European governments to bolster the autonomy of their defence and space industries and take a clear position on trade as the
November 19, 2024
The Bank of England's most recently appointed interest rate-setter Alan Taylor said the central bank's gradual approach to cutting borrowing costs was in line with recent market
November 19, 2024
The European Central Bank should return to a more forward-looking approach in setting monetary policy and provide more guidance on future moves now that post-pandemic shocks are
November 19, 2024
The second phase of Thailand's "digital wallet" handout scheme will be launched in January and distribute 40 billion baht ($1.16
November 19, 2024
Chinese electric vehicle maker Xpeng said mass production of its Turing self-designed artificial intelligence chip was progressing well, dismissing concerns it could be hit by new U.S.
November 19, 2024
Rheinmetall aims for 20 billion euros ($21.08 billion) in sales for 2027, boosted by increased defence spending by EU and NATO country leaders in response to the Ukraine war, the
November 19, 2024
Safe-haven assets bounced sharply on Tuesday, after a warning from Russia over its updated nuclear doctrine that was aimed at making possible enemies aware of inevitable retaliation
November 19, 2024
Bayer on Tuesday struck a collaboration deal with U.S. biotech firm Cytokinetics to acquire certain rights in Japan to an experimental heart drug, as the German group strengthens
November 19, 2024
More UK fund managers say they've paid higher costs in 2024 to protect their investment portfolios against fluctuations in currency markets, according to survey
November 19, 2024
China is widely expected to leave its benchmark lending rates unchanged on Wednesday, a Reuters poll showed, as rate cuts a month earlier squeeze banks' profitability and the yuan
November 19, 2024
Nestle will boost advertising and marketing, trim costs by at least $2.8 billion by 2027 and carve out its water and premium drinks businesses into a
November 19, 2024
Nvidia helped pull U.S. stock indexes higher after they stumbled in the morning on worries about escalations in the Russia-Ukraine war
November 19, 2024
Thyssenkrupp has written down the value of its steel division by another 1 billion euros ($1.06 billion), blaming the sector's
November 19, 2024
Goldman Sachs has forecast the S&P 500 index would reach 6,500 by the end of 2025, joining peer Morgan Stanley, on the back of continued growth in the U.S. economy and
November 19, 2024
A look at the day ahead in European and global markets from Kevin Buckland Signs are positive for European stocks' open, with futures pointing up, and equity indices across most of Asia also in the
November 19, 2024
The International Monetary Fund (IMF) warned on Tuesday that "tit-for-tat" tariffs could undermine Asia's economic prospects, raise costs and disrupt supply chains even
November 19, 2024
Investors are betting a slide in the yen will force a hawkish shift at the Bank of Japan and are shorting bonds, buying bank shares and bracing for rates to rise
November 19, 2024
Emerging Asian stock markets rallied on Tuesday, with Bangkok and Manila trading higher on expectations of rate cuts in the near future, while Singapore stocks hit a 17-year
November 19, 2024
Australia's Sayona Mining will buy U.S.-based Piedmont Lithium in an all-stock deal that will consolidate its Canadian operations and
November 19, 2024
Goldman Sachs Chairman David Solomon said on Tuesday there will be more robust levels of both capital raising and M&A in 2025 with the new U.S. administration.
November 19, 2024
Australia's central bank said on Tuesday that there was no immediate need to change interest rates, having left them steady for a year now, but it was important to be ready
November 19, 2024
Global stocks rose in choppy trading on Tuesday as markets waited for President-elect Donald Trump to make more appointments to his
November 19, 2024
Oil prices were broadly unchanged on Tuesday as signs of escalation of the Russia-Ukraine war kept investors cautious of supply disruptions, but the partial restart
November 19, 2024
Blackstone has agreed to buy Jersey Mike's Subs, the sandwich chain said on Tuesday, in a deal that a source said valued the company at around $8
November 19, 2024
Beijing told top Wall Street executives on Tuesday that it will move ahead with capital market reforms and in the opening up of its financial sector for
November 19, 2024
The dollar index rose on Tuesday, after an initial boost to safe-haven currencies such as the greenback, Swiss franc and yen prompted by an announcement by
November 19, 2024
Alibaba Group has delivered investors initial price guidance on its $5 billion dual currency bond, according to a term sheet reviewed by Reuters on Tuesday.
November 19, 2024
South Korean President Yoon Suk Yeol has pledged a 45% increase in the country's contribution to the World Bank's International Development Association fund to more than $600 million
November 19, 2024
Estate planning is one of those tasks that makes almost any other job look appealing, no matter how lowly
November 18, 2024
Super Micro Computer on Monday named BDO USA as its auditor and said it has submitted a plan to the Nasdaq seeking additional time to regain compliance with the listing rules, sending its
November 18, 2024
The Bank of Japan will release next month its findings on the pros and cons of the various unconventional monetary easing tools used in its 25-year battle with
November 18, 2024
A look at the day ahead in Asian markets.
November 18, 2024
The Securities and Exchange Commission has charged Bit Mining with violating the Foreign Corrupt Practices Act in connection with bribery scheme to influence members of Japanese
November 18, 2024
Global grain trader Archer-Daniels-Midland reported lower third-quarter profits on Monday due to weakness in its grain business, an announcement delayed by the need to correct
November 18, 2024
The largest budget airline in the U.S., has filed for Chapter 11 bankruptcy protection
November 18, 2024
Donald Trump's social media company is in advanced talks to buy crypto trading firm Bakkt, the Financial Times reported, citing two people with knowledge of the talks.
November 18, 2024
A federal judge reduced a $237.6 million jury award against United Parcel Service to $39.6 million in the case of a Black former driver who accused the package delivery
November 18, 2024
Prime Minister Kyriakos Mitsotakis says Greece is set to make an early repayment of 5 billion euros or $5.3 billion in bailout-era debt in 2025
November 18, 2024
One of the top remaining vacancies in President-elect Donald Trump’s proposed Cabinet is his treasury secretary — and the views of his top contenders there reflect broader questions about how the president-elect might wield tariffs in his new administration
November 18, 2024
Activist investor Ananym Capital Management is urging healthcare products distributor Henry Schein to refresh its board, cut costs, tackle succession
November 18, 2024
Trump expands pool of possible Treasury picks as top candidates jockey for the job
November 18, 2024
Morgan Stanley has increased its 12-month base case price target on the S&P 500 to 6,500, the firm's equity strategist Michael Wilson and other strategists wrote in a note on
November 18, 2024
A tight U.S. labor market is still adding to inflationary pressures, though less so than it did in 2022 and 2023, according to research published on Monday by the San
November 18, 2024
Ex-Barclays CEO Jes Staley gave misleading answers to Britain's Financial Conduct Authority about his dealings with Jeffrey Epstein when it was investigating his relationship with
November 18, 2024
Brazil's central bank chief, Roberto Campos Neto, said on Monday that monetary policy is being driven to some extent by fiscal policy as risk premiums on long-term
November 18, 2024
Boeing will lay off more than 2,500 workers in the U.S. states of Washington, Oregon, South Carolina and Missouri, according to federally required filings
November 18, 2024
No-frills air travel pioneer Spirit Airlines filed for bankruptcy protection on Monday, after struggling with a long run of quarterly losses, failed merger attempt and upcoming debt
November 18, 2024
U.S.
November 18, 2024
Colombia's economy grew 2.0% year-on-year in the third quarter, the government's DANE statistics agency said on Monday.
November 18, 2024
The maker of Evian spring water, Danone, won the dismissal of a lawsuit challenging its "carbon neutral" claim on bottles, as a U.S. judge reversed his earlier
November 18, 2024
The new prime minister of Mauritius has announced an audit of the public finances days after his coalition won a resounding election victory, casting a shadow over the accuracy
November 18, 2024
CVS Health has added four new board members, including the CEO of a hedge fund that has been critical of the struggling health care giant
November 18, 2024
Brazilian development bank BNDES said on Monday that it has signed a deal with the Asian Infrastructure Investment Bank (AIIB) for the investment of 16.7 billion reais ($2.89 billion) in
November 18, 2024
Goldman Sachs said on Monday it is looking to spin out a blockchain-based technology platform designed to streamline institutional trading and reduce settlement times.
November 18, 2024
Inflationary expectations among Russian households for the year ahead stood at 13.4% in November, unchanged from October, while inflationary pressure remained high, the central bank
November 18, 2024
Tesla shares rose more than 5% on Monday after Bloomberg News reported that President-elect Donald Trump's transition team was planning to set up federal regulations for
November 18, 2024
Walmart shares are set for their best yearly gains in over two decades as the retail behemoth's low prices for everyday essentials give it an edge over competitors
November 18, 2024
Insurance costs are rising quickly across much of the country. Hurricanes are part of the reason, but it’s the other perils common across the Midwest and Great Plains that complicate costs.
November 18, 2024
Donors can get two different tax breaks when they give by turning stocks, bonds and other financial assets into charitable gifts.
November 18, 2024
The Indian government is pushing back on two key proposals of the central bank, which will require banks to set aside more funds for infrastructure projects and
November 18, 2024
Brazil's finance ministry raised its inflation forecasts for this year but expects inflation to remain within the official target band, in contrast to a more
November 18, 2024
India's economic growth requires "far more affordable" bank interest rates, the finance minister said on Monday, adding New Delhi was committed to measures to ensure the economy
November 18, 2024
Funding for a climate-friendly farming effort led by the U.S. and United Arab Emirates has reached $29.2 billion, the countries announced on Monday at the COP29 climate
November 18, 2024
FAA administrator plans to meet with Boeing CEO in Seattle
Russian central bank to restrict some new corporate loans as debt burdens climb
Romania's radical right leader Simion, a Trump fan, sets eyes on presidency
Italy moves to replace courts that ruled against its migrant detentions
King Charles' coronation cost 72 million pounds, government says
EU to cajole Trump on trade while readying tariff retaliation
Russian ballet world says farewell to celebrated dancer Shklyarov after balcony fall
Mavs star Luka Doncic has a right wrist sprain and will be re-evaluated in a week
Jussie Smollett’s conviction in 2019 attack on himself is overturned