Russian-Uzbek billionaire Alisher Usmanov has filed a lawsuit against the bank UBS Europe SE in Frankfurt over what his lawyers said were unsubstantiated reports made about his
U.S. machinery maker Caterpillar's former Russian assets have been transferred to a company owned by Armenian investment fund Balchug Capital, Russian company filings showed.
The Swiss National Bank (SNB) will cut its key policy rate by 25 basis points on June 20 for a second straight meeting, according to two-thirds of economists polled by Reuters, a
The leadership of German metalworkers' union IG Metall on Monday advised members to demand a 7% raise in the impending collective bargaining round, well above the
UBS has begun a share buyback program announced earlier this year, and repurchased 44.8 million Swiss francs ($50.21 million) worth of shares last week, the Swiss bank said on
The U.S. Federal Reserve would be able to cut its benchmark interest rate once this year, Philadelphia Fed President Patrick Harker said on Monday, if his economic forecast plays out.
A unit of global commodities trader Trafigura has agreed to pay a $55 million civil fine to settle U.S.
China's new home prices fell at the fastest pace in more than 9-1/2 years in May, official data showed on Monday, with the property sector struggling
A look at the day ahead in European and global markets from Wayne Cole.
Goldman Sachs has raised its 2024 year-end target for the S&P 500 Index to 5,600 from 5,200, citing strong earnings growth by five mega-cap U.S. tech stocks and a higher fair value price-to
Economists remain split over the timing of the Bank of Japan's next interest rate hike, according to a new Reuters poll, after the central bank's decision to announce a quantitative
Property investment in China fell 10.1% in the first five months of 2024 from a year earlier, after dropping 9.8% in January-April, even as policymakers doubled down on efforts to
The European Central Bank is confident that inflation will fall back to its 2% target next year despite some "noisy" inflation along the way, the ECB's chief economist Philip Lane
Warren Buffett's Berkshire Hathaway has trimmed its stake in China's BYD, which surpassed Tesla last year as the world's largest seller of electric vehicles.
China's central bank left a key policy rate unchanged as expected on Monday when rolling over maturing medium-term loans, and drained some funds from the banking system.
China still has room to lower interest rates, but its ability to adjust monetary policy faces internal and external constraints, the official Financial News said on Monday, citing
Singapore-based investment firm Temasek Holdings will invest up to A$300 million ($198.4 million) in Australian exchange-traded fund manager Betashares, the company said on Monday.
Minneapolis Federal Reserve President Neel Kashkari on Sunday said it's a "reasonable prediction" that the U.S. central bank will cut interest rates once this year, waiting
Stabilising prices are creating an environment to cut rates in South Korea, a senior presidential official said on Sunday.
Saudi Arabia's annual inflation rate remained at 1.6% for the third month running in May, government data showed on Sunday, with higher housing rents still the main driver.
PE firm Carlyle has hired advisers to explore a sale of Cogentrix that could value the North Carolina-based power producer at as much as $3 billion to $4 billion, the Financial Times
Saudi Arabia's mining minister plans to meet with his Chilean counterpart in Santiago at the end of July to discuss potential investments in lithium, a Chilean government source
European Central Bank President Christine Lagarde largely dodged a question about turmoil in French financial markets on Friday, merely saying the ECB would deliver on
Global equity funds suffered sharp outflows in the seven days to June 12 as investors cautiously took out money ahead of a key U.S. inflation report and Federal Reserve policy decision
France's leftwing parties want to lower the retirement age, link salaries to inflation and introduce a wealth tax for the rich, leaders of a newly agreed alliance that spans from the
Spotify back up after outage hits over 40,000 users
Former Dallas police officer Amber Guyger now eligible for parole six years after murder
‘It felt risqué:’ How a computer dating service launched in 1965 changed our love lives
Pakistanis protesting Hezbollah leader's killing clash with Karachi police
Iran's president denounces Israeli attacks on Tehran's regional allies
Israel used US-made bomb in attack on Hezbollah head, US senator says
China to cut existing mortgage rates by end-Oct, cities ease home-buying curbs
Packers QB Love available to play; CB Jaire Alexander out Sunday against Vikings
Alabama overtakes Texas for No. 1 and UNLV earns its 1st ranking in program history
‘LibraryTok’ is building school-age nostalgia on the internet. Fans can’t get enough