BUSINESS

ECB moves to ease bond stress after surprise meeting

The World Trade Organization on Wednesday extended its negotiations by a day amid growing doubts they would find consensus on any change to global trade rules and India adamant it would not yield on food, fisheries and vaccines.

American fast fashion retailer Forever 21 is making its third tilt at the China market, with plans to open a physical store in the country later this month.

Indigenous team scours remote Amazon for missing Phillips and Pereira

China's internet search engine giant Baidu Inc is in talks to sell its controlling stake in iQIYI Inc, China's answer to Netflix, in a deal that could value all of iQIYI at about $7 billion, two people with knowledge of the matter said.

Bitcoin fell on Wednesday to a new 18-month low, dragging down smaller tokens with it, as the recent tumble in crypto markets showed no sign of letting up.

Flights resume after computer glitch shuts Swiss airspace

The global technology industry is pressing the World Trade Organization to exempt data flows from cross-border tariffs, saying a failure to do so would undermine a global recovery already threatened by spiralling prices.

China's recent lockdowns to control the spread of COVID-19 have made Apple Inc iPhone assembler Pegatron Corp "emphasise" its expansion in other countries, a senior executive at the Taiwanese firm said on Wednesday.

H&M, the world's second-biggest fashion retailer, posted a forecast-beating 17% jump in March-May sales, joining main rival Inditex in reporting a rebound in demand as pandemic restrictions have eased.

H&M, the world's second-biggest fashion retailer, posted a bigger than expected rise in sales in the three months from March, joining its main rival Inditex in reporting a rebound in demand after the pandemic.

The European Central Bank promised fresh support and a new scheme on Wednesday to temper a market rout that has fanned fears of a new debt crisis on the euro area's southern rim but appears to have disappointed investors looking for bolder steps.

As India faces a crippling surge in food and fuel prices, its policymakers will be counting mostly on this year's monsoon rains, not just interest rate hikes, to take inflationary pressure off the country's households and businesses.

The S&P 500 index, the most closely followed benchmark for U.S. equities on Wall Street, has slid this year as inflation jumped to its highest rate in 40-years.

The yen is at risk of weakening further against the dollar for at least the rest of 2022, more than two-thirds of economists polled by Reuters said, underscoring the consequences of the Bank of Japan being the lone major central bank clinging to easy policy.

The prince who's the international face of Saudi business may no longer be able to call all the shots.

China factory output, retail sales weak as Covid shadow persists

Wall Street stocks greet aggressive Fed rate hike

Ultra-fast delivery firms face post-pandemic hangover

Germany races to stockpile gas before winter

Shanghai's lengthy Covid-19 lockdown pushed a quarter of US firms in the city to cut investment plans and nearly all to drop revenue forecasts, a business group said Wednesday.

US central bank ponders huge rate hike to combat price surge

Experts said they were also highly skeptical of the consciousness claim, but human nature and ambition could easily confuse the issue.

Toyota Motor Corp pushed back against critics who say it has been slow to embrace battery electric vehicles (BEV), arguing it needed to offer a variety of car choices to suit different markets and customers.

Toyota Motor Corp, under scrutiny from investors over a perceived sluggish embrace of battery electric vehicles, said on Wednesday it needs to offer a variety of choices to suit different environments and customers.

Toyota Motor Corp, under scrutiny from investors over its commitment to embrace battery electric vehicles, said on Wednesday it needs to offer a variety of choices to suit different environments and customer needs.

South Korea's unionised truckers headed back on the roads on Wednesday after the union and the transport ministry reached a tentative late-night agreement, ending a nationwide strike that crippled ports and industrial hubs.

Oil prices fell on Wednesday on concerns about fuel demand and global economic growth before an expected big hike in interest rates by the U.S. Federal Reserve.

Oil prices dropped on Wednesday on worries over fuel demand ahead of a U.S.