BUSINESS

Monkeypox vaccine maker Bavarian Nordic ready to meet demand

Italy's Monte dei Paschi di Siena (MPS) is to seek 2.5 billion euros ($2.6 billion) in cash to fund a new strategy, as the bailed-out bank aims to triple its net profit in the next three years.

Monte dei Paschi di Siena (MPS) said it would tap taxpayers and investors for 2.5 billion euros ($2.6 billion) in cash to fund its latest turnaround efforts as the Italian state-owned bank seeks to triple its net profit in the next three years.

The Bank of Canada has come under a rare attack from critics after misjudging inflation and locking itself into rigid forward guidance that prevented it from reacting swiftly as prices surged and Canada's economy began to overheat.

The German companies that drive Europe's biggest economy are contemplating painful cuts to their output and resorting to polluting forms of energy previously considered unthinkable as they adjust to the prospect of running out of Russian gas.

China's Xi calls for stronger fintech oversight, security

Citigroup Inc has created a new regional leadership structure for its Asian business, according to a memo seen by Reuters.

Manufacturing growth is slowing worldwide as China's COVID-19 curbs and Russia's invasion of Ukraine disrupt supply chains and keep inflation at the highest in years, while the growing risk of a U.S.

Recession worries weigh on euro as US stocks advance

The euro fell across the board on Thursday as weaker-than-expected German and French PMI data confirmed that the euro zone economy is struggling to gain traction, prompting traders to trim bets on big interest rate hikes from the European Central Bank.

The euro weakened broadly on Thursday as disappointing German and French PMI data confirmed the euro zone economy is struggling to gain traction, prompting traders to trim bets on big interest rate hikes from the European Central Bank.

The U.S. dollar remained under pressure on Thursday as it looked set to extend declines against major peers to a fourth day, hurt by Treasury yields wallowing near two-week lows amid rising concerns of a recession.

Workers in Chile strike at world's largest copper producer

Oil prices fell by more than $2 a barrel on Thursday in volatile trading as investors weighed the risk that rising U.S.

Oil prices dropped by nearly $2 a barrel on Thursday after another round of remarks from Federal Reserve Chair Jerome Powell fanned worries U.S.

Oil prices fell about $1 a barrel on Thursday in volatile trading as investors weighed the risk that rising interest rates could trigger a recession and cut demand for fuel.

Oil prices edged higher on Thursday after earlier falls as investors weighed the risks of recession and how fuel demand will be affected by rising interest rates and tight supplies.

A retreat in oil prices continued on Thursday as investors reassessed the risks of recession and how fuel demand will be affected by rising interest rates.

Oil prices continued to retreat on Thursday as investors reassessed the risks of recession and the impact of interest rate hikes in major economies on fuel demand.

Oil prices continued to pull back on Thursday, dropping more than 2% as investors recalibrated assessments of recession risks and fuel demand amid interest rate hikes in major economies.

Oil prices fell 2% in early trade on Thursday, extending losses from the previous day, as investors worried that aggressive U.S.

Vienna returns as world's 'most liveable city'

S.Africa's Ramaphosa should have acted against graft under Zuma: report

At least one unit of U.S. grain trader Cargill in Brazil's Mato Grosso state is storing corn in open air outside silos, according to images posted on Twitter on Wednesday, reflecting the rapid pace of harvesting this season.

The US Patent and Trademark Office finally allowed Ohio State University to trademark the word "THE" on clothing related to sports and collegiate athletics.

Workers strike at world's largest copper producer, Chile's Codelco

Nail polish maker Revlon Inc continued its surge as the latest so-called meme stock riding a wave of retail investor interest as the stock gained more than 50% in heavy trading on Wednesday.

Amazon.com Inc wants to give customers the chance to make Alexa, the company's voice assistant, sound just like their grandmother -- or anyone else.

Central banks' focus on fighting persistently high inflation could lead to a recession over the next two years and raise the risk of 'financial accidents', U.S.