BUSINESS

The U.S. securities regulator will vote on Wednesday to rescind rules introduced under then-U.S.

Consumers are cutting back on chocolate due to the cost of living crises in Europe and the United States, according to new data and comments from executives at the world's biggest chocolate companies.

Investing based on environmental, social, and corporate governance (ESG) principles became a $35 trillion industry on the back of a long run-up in stocks that lasted from 2009 until the start of this year.

Rwandan genocide survivor group says French verdict a 'strong' message

European planemaker Airbus is in talks with Delta Air Lines to expand the U.S. carrier's existing order for A220 small jetliners, two people familiar with the matter said.

U.S. life sciences company Illumina on Wednesday lost its challenge against European Union scrutiny of its $8 billion cash-and-stock takeover of Grail, as a top European court agreed the EU antitrust watchdog had the right to do so.

Panasonic Energy Co, a major Tesla supplier, is working on new technology to increase battery energy density by a fifth by 2030, the Japanese company's chief technology officer told Reuters.

Scandinavian airline SAS and unions representing striking pilots were unable reach a collective bargaining agreement on Wednesday, with negotiations to resume on Thursday as a crippling strike will enter its 11th day.

Scandinavian airline SAS and unions representing striking pilots resumed talks over a new collective bargaining agreement on Wednesday as the walkout entered its 10th day.

Former bosses of Fukushima operator ordered to pay $97 billion damages

UK Tory leadership contenders spar over tax in first TV debate

The wealth management arm of Swiss bank Pictet Group is buying Chinese equities again more than 18 months after it shunned the asset class, joining other foreign investors dipping back in as they bet on improving economic prospects and less regulatory intervention.

Shares in debt-laden EDF were suspended on Wednesday as the French government prepares to detail its plans to fully nationalise Europe's biggest nuclear power operator.

The French government will announce by July 19 details of its plans to take full control of power group EDF, it said on Wednesday, as trading in the utility's shares was suspended to keep the price in check.

Spain's Cellnex said on Wednesday it was withdrawing its offer for a stake in Deutsche Telekom's towers business, paving the way for a competing bid from a consortium led by KKR to secure the estimated 18 billion euro ($18.02 billion) deal.

Britain's J D Wetherspoon warned of losses this year as costs for labour, repairs and marketing eat into its bottom line, and said 'natural beer drinkers' belonging to an older population were staying away from pubs, hurting its sales.

The Bank of Canada on Wednesday raised its main interest rate by 100 basis points in a bid to crush inflation, surprising markets and becoming the first G7 country to make such an aggressive hike in this economic cycle.

The Bank of Canada on Wednesday raised its benchmark interest rate by a full percentage point, surprising markets with its biggest rake hike since 1998 in a bid to tame soaring inflation.

The Bank of Canada on Wednesday is expected to make its largest interest-rate increase since the late 1990s as the central bank hastens tightening to tackle an overheating economy and runaway inflation.

Shares of U.S. healthcare companies are gaining favor as investors bank on their ability to weather rocky economic times and the stocks look more reasonably valued than other defensive sectors.

Shares of U.S. healthcare companies are gaining favor as investors bank on their ability to weather rocky economic times and the stocks look more reasonably valued than other defensive sectors.

Finding fame... and family? AleXa's Korean-American K-pop dream

Japan's Fast Retailing, home of Uniqlo, is expected to report quarterly profit grew 11% overall on Thursday, but investors' focus will be on whether China is recovering and how domestic consumers are faring with inflation and the weak yen.

The European Union's body for dismantling failed banks said on Wednesday it would ratchet up pressure on lenders over the coming months to bolster their defences so that none remain "too big to fail" by January 2024.

Major stablecoins must comply with the same safeguards as traditional forms of payments, global regulators said on Wednesday, tightening controls over a battered crypto sector.

China's economic expansion slumped in the second quarter to levels not seen since early 2020, an AFP poll of analysts found, owing to painful Covid lockdowns and lingering weakness in the real estate sector.

Stocks tumble while euro dips below $1.00 on US inflation data

The euro touched 1-to-1 versus the dollar for the first time in 20 years and stock markets skidded on Wednesday, after a 9.1% U.S.

Stocks slipped on Wednesday and the euro lurked just above parity against the dollar, as traders waited to see if U.S.