Today: September 30, 2024
Today: September 30, 2024

Latest From Reuters

Business|Economy

India's Vedanta to raise $120 million via debt issue

Indian metals-to-oil conglomerate Vedanta will raise up to 10 billion rupees (nearly $120 million) by issuing non-convertible debentures through a private placement, the company

India's Vedanta to raise $120 million via debt issue
Business|Economy

Malaysian, Chinese firms sign deals worth $2.8 billion in potential investments

Malaysian and Chinese firms signed agreements on Thursday for potential investments worth 13.2 billion ringgit ($2.80 billion) to collaborate in sectors ranging from oil and

Malaysian, Chinese firms sign deals worth $2.8 billion in potential investments
Business|Economy

Canada's WestJet Airlines resuming operations after union rescinds strike notice

Canadian carrier WestJet Airlines said on Thursday it is working to resume normal operations after the union representing its maintenance engineers rescinded its strike notice, with both

Canada's WestJet Airlines resuming operations after union rescinds strike notice
Business|Economy

Carlyle, KKR top bidders for Discover's $10 billion US student loan portfolio, FT reports

Private equity firms Carlyle Group Inc and KKR are the top bidders for U.S. credit card issuer Discover Financial's $10 billion U.S. student loan portfolio, the Financial Times reported on

Carlyle, KKR top bidders for Discover's $10 billion US student loan portfolio, FT reports
Business|Economy

China leaves benchmark rates steady as PBOC walks tight rope

China left benchmark lending rates unchanged at a monthly fixing on Thursday, in line with market expectations.

China leaves benchmark rates steady as PBOC walks tight rope
Business|Economy

New Petrobras CEO says president wants firm to boost national economy

The chief executive of Brazilian oil giant Petrobras, Madga Chambriard, said the country's president asked her to work toward boosting the nation's economy while maintaining

New Petrobras CEO says president wants firm to boost national economy
Economy

German tax revenues up 2.6% in May

German federal and regional tax revenues rose 2.6% to 61.2 billion euros ($65.77 billion) in May from the previous year, helped by a one-off base effect that boosted income on the

German tax revenues up 2.6% in May
Business|Economy

Sweden fines Nasdaq $9.6 million over regulatory violations

Sweden's financial supervisory authority has fined Nasdaq Stockholm 100 million Swedish crowns ($9.59 million) for not complying with bourse rules at several occasions in recent

Sweden fines Nasdaq $9.6 million over regulatory violations
Business|Economy

Namibia central bank holds main rate as inflation ticks higher

Namibia's central bank kept its main interest rate unchanged on Wednesday, responding to a slight uptick in inflation and protecting the local currency's peg to

Namibia central bank holds main rate as inflation ticks higher
Business|Economy

European shares lose ground on real estate, tech losses

European shares ended lower on Wednesday, pressured by losses in real estate and technology stocks, while UK stocks were buoyed by

European shares lose ground on real estate, tech losses
Business|Economy

UK inflation test awaits buoyant markets

A look at the day ahead in European and global markets from Ankur Banerjee Investors will get another chance to see if the global disinflation story gains more traction with UK inflation data taking

UK inflation test awaits buoyant markets
Business|Economy

China's cenbank signals it may soon start bond market trading as rally persists

China's central bank on Wednesday signalled that it might soon start trading in the secondary bond market as yields continue to fall, reinforcing policymakers' concerns

China's cenbank signals it may soon start bond market trading as rally persists
Business|Economy

UK pay deals tick higher in May, Brightmine survey shows

The value of pay deals handed out by British employers inched higher in the three months to May, according to a survey on Wednesday that underlined how pay growth - a major driver of

UK pay deals tick higher in May, Brightmine survey shows
Business|Economy

WestJet Airlines cancels flights expecting union strike

WestJet said on Wednesday it has started cancelling and consolidating flights as it prepares for a strike by its aircraft maintenance engineers and other technical operations employees.

WestJet Airlines cancels flights expecting union strike
Business|Economy

WestJet's mechanic union gives carrier 72-hour strike notice

WestJet Airlines' mechanics gave the carrier a 72-hour strike notice, the Aircraft Mechanics Fraternal Association union said on Tuesday. The strike, set to begin by 9 p.m.

WestJet's mechanic union gives carrier 72-hour strike notice
Business|Economy

Amazon Labor Union votes to ratify Teamsters affiliation

Amazon Labor Union members have voted to affiliate with the International Brotherhood of Teamsters, according to a joint statement on Tuesday, the latest sign that unionization efforts

Amazon Labor Union votes to ratify Teamsters affiliation
Economy

US manufacturing production surges in May

Production at U.S. factories increased more than expected in May, recouping all the declines in the prior two months, but the momentum is unlikely to be sustained amid higher

US manufacturing production surges in May
Business|Economy

Ford plans further job cuts in Europe, German works council says

Ford plans further job cuts in Germany, Spain and the U.K., the head of the worker's council for the US automaker in Germany told Reuters on Tuesday.

Ford plans further job cuts in Europe, German works council says
Business|Economy

Citi emphasizes regulatory fixes as it lays out growth targets

Citigroup is stepping up efforts to fix regulatory problems as it seeks to boost future profits, the bank's top executives told investors on

Citi emphasizes regulatory fixes as it lays out growth targets
Business|Economy

UniCredit CEO says digital euro "very good" plan if banks fully involved

Plans for a digital euro will be a "very good" thing for the currency bloc and its lenders if banks remain central to the flow of money as they are at present, UniCredit Chief

UniCredit CEO says digital euro "very good" plan if banks fully involved
Business|Economy

Greece to set up its first sovereign wealth fund, reform posting, bus services

Greece will set up its first sovereign wealth fund to sell state assets such as estate property, ports and public utilities that were not sold during its debt crisis, its finance

Greece to set up its first sovereign wealth fund, reform posting, bus services
Economy

Australia's central bank holds cash rate at 4.35%

Australia's central bank held interest rates steady on Tuesday as expected, while reiterating that it was not ruling out further increases if needed to control inflation.

Australia's central bank holds cash rate at 4.35%
Business|Economy

All about rates

A look at the day ahead in European and global markets from Rae Wee The Reserve Bank of Australia (RBA) on Tuesday kept rates on hold, flagging stubborn domestic price pressures - a common theme that

All about rates
Economy

South Korea central bank chief says inflationary pressure easing

South Korea's central bank governor said on Tuesday the pace of consumer inflation is likely to continue to slow, feeding expectations the Bank of Korea will start cutting interest

South Korea central bank chief says inflationary pressure easing
Business|Economy

Hong Kong says stock market to stay open during typhoons from Sept 23

Hong Kong's stock market will stay open during typhoons and heavy rain effective Sept. 23, a change that will help maintain the global financial hub's competitiveness, city

Hong Kong says stock market to stay open during typhoons from Sept 23

Follow