Result Page 503 for Latest Business News & Archive

China's premier has sounded an unusually stark warning about the world's second-largest economy, saying it must return to normal as the country's zero-Covid strategy bites bites into growth

China Premier Issues Warning On Covid-hit Economy

China premier issues warning on Covid-hit economy

Australia's Fortescue Pursues Quantum Leap In Green Hydrogen Quest

Founder of Australia's Fortescue Metals Group Andrew Forrest poses together with Jeremy O'Brien, co-founder of Silicon Valley-based PsiQuantum in the Alpine resort of Davos, Switzerland May 25, 2022.

Fortescue Metals Group is funding research by a quantum computing venture into ways to produce cheap and abundant green hydrogen as part of the Australian mining giant's ambition to become the world's top green energy group.

Japan's Toshiba Brings In M&A Adviser And Activists In Board Overhaul

Toshiba Corp nominated an executive from M&A advisory firm Houlihan Lokey as chairperson and activist shareholders as outside directors on Thursday, in a board overhaul that could intensify pressure to take the conglomerate private.

Skyscrapers in The City of London financial district are seen from City Hall in London, Britain, May 8, 2021.

Britain Looks At Post-Brexit Boost To Company Listings

Britain's twin-track company listing regime could be simplified into a single entry point to the London Stock Exchange to attract more startups, the Financial Conduct Authority (FCA) said on Thursday in a move that could split market participants.

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Former German Chancellor Gerhard Schroeder is pictured during an interview with Reuters in his office in Berlin, Germany, November 15, 2018.

Analysis-Schroeder Throws In Towel As German Industry Clings On To Russian Gas

Gerhard Schroeder has backed off from taking a top role at Russian energy giant Gazprom, dealing a setback to Germany's gas lobby as it seeks to keep the energy lifeline from Russia open.

Verstappen mastering the streets of Monaco in 2021

Verstappen Heads To Monaco Where Leclerc Awaits A Change Of Luck

Verstappen heads to Monaco where Leclerc awaits a change of luck

China's Lenovo Says Supply Issues To Hit Shipments, Revenue Growth Slows

China's Lenovo Group warned on Thursday that shipments would fall in the short term as China's COVID-19 lockdowns exacerbated shortages of microchips, after posting its slowest quarterly growth in seven quarters.

U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022.

Dollar Edges Back Towards One-month Low

The U.S. dollar edged back towards a one-month low on Thursday, as minutes from the Federal Reserve's May meeting contained few surprises, with most participants favouring additional 50 basis point rate hikes at the June and July meetings.

"The Ellen DeGeneres Show" ran for more than 3,000 episodes, coming to rival even Oprah Winfrey's for cultural impact

Ellen DeGeneres Ends Pioneering Talk Show Under Cloud

Ellen DeGeneres ends pioneering talk show under cloud

Philippine president-elect Ferdinand "Bongbong" Marcos Jr., son of late dictator Ferdinand Marcos, attends a news conference at his headquarters in Mandaluyong City, Metro Manila, Philippines, May 23, 2022.

Philippines' Marcos Signals Continuity Ahead With New Economic Team

Philippines President-elect Ferdinand Marcos gave strong indications that he will maintain continuity in economic policy through his picks for central bank governor and finance minister on Thursday by adding familiar faces to his cabinet.

The crypto economy has been torn to shreds in recent weeks with hundreds of billions knocked off the value of the sector

No Slump For Pump And Dump Cryptocurrency Gangs

No slump for pump and dump cryptocurrency gangs

A flame burns from a tower at Vankorskoye oil field owned by Rosneft company north of the Russian Siberian city of Krasnoyarsk March 25, 2015.

Oil Rises To 2-month High On Tight Supplies, EU Seeks Russian Crude Ban

Oil prices climbed about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S.

Oil Jumps To 2-month High On Tight Supplies, EU Seeks Russian Crude Ban

Oil prices climbed about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S.

Oil Jumps 3% To 2-month High As EU Seeks To Ban Russian Crude

Oil prices rose about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S.

Oil Climbs On Tight Supply, Prospect Of EU Ban On Russian Crude

Oil prices rose on Thursday, extending a cautious rally this week on signs of tight supply while the European Union (EU) wrangles with Hungary over plans to ban imports from Russia, the world's second-largest crude exporter, after it invaded Ukraine.

Oil Climbs On Tight Supply, Prospect Of EU Ban On Russian Supply

Oil Climbs On Tight Supply, Though EU Ban On Russian Supply Still Uncertain

Oil Firms On Tight Supply Though EU Ban On Russian Oil Still Uncertain

South Korea Steps Up Inflation Fight With Back-to-back Rate Hikes

South Korea's central bank on Thursday delivered back-to-back interest rate hikes and forecast further aggressive increases to wrestle consumer inflation down from 13-year highs.

PS5 by PlayStation is displayed in a GameStop in Manhattan, New York, U.S., December 7, 2021.

Sony To Ramp Up PS5 Production And Broaden Games Portfolio

Sony Group Corp said it plans to ramp up production of its PlayStation 5 console as supply chain snarls ease and signalled a radical broadening of its games portfolio including more titles on PC and mobile.

An excavator is parked at the construction site of an apartment block in the suburb of Epping, Sydney, Australia February 1, 2019.

Australia's Housing Boom To Deflate As Mortgage Rates Rise: Reuters Poll

Rampant rises in Australian house prices will grind almost to a halt this year, and an 8% decline is expected in 2023 as a cost-of-living crisis worsens and mortgage rates rise, a Reuters poll of property market analysts found.

Passengers check in for their flights at the Virgin America ticket counter in San Diego, California April 4, 2016.

U.S. Backs Flight Attendants In California Labor Law Fight

The Biden administration to a group of California-based flight attendants who won a lower court ruling that found Virgin America failed to abide by the state's meal and rest break law.

Global Automakers Face Electric Shock In China

If global automakers think they can extend their dominance in China into the electric era, they may be in for a shock.

NASA and Boeing teams prepare for the landing of Boeing's CST-100 Starliner spacecraft at White Sands Missile Range's Space Harbor

Boeing Starliner Completes Key Test Mission To ISS, With Some Hiccups

Boeing Starliner completes key test mission to ISS, with some hiccups

Shelves normally meant for baby formula sit nearly empty at a store in downtown Washington, DC, on May 22, 2022

Abbott Apologizes For US Baby Formula Shortage

Abbott apologizes for US baby formula shortage

A woman holds a Russian passport as she waits for evacuation in the Ukrainian city of Donetsk on February 19, 2022

Putin Fast-tracks Russian Citizenship In Southern Ukraine

Putin fast-tracks Russian citizenship in southern Ukraine

Federal Reserve Chair Jerome Powell, who was recently sworn in for a second term in the post, has acknowledged there might be some pain involed in bringing down inflation

Fed Officials Stressed 'Determination' To Bring Down Inflation

Central bankers stressed their "strong commitment and determination" to bring raging inflation under control including with more big interest rate increases.

BlackRock, Other Major McDonald's Shareholders Side With Company In Fight With Icahn

BlackRock and other big McDonald's shareholders are backing the company in a boardroom vote, putting the fast-food chain on course to defeat investor Carl Icahn in his campaign over animal welfare, sources said on Wednesday.

Venezuela President Nicolas Maduro has announced the opening up of state Venezuelan companies to private capital

Venezuela's State Bank Announces Partial Share Sale

Venezuela's state bank announces partial share sale

NVIDIA GeForce RTX graphics card is seen in this illustration taken, December 1, 2021.

Nvidia Says Video Gaming Market Slowing; Shares Drop 7%

Chip designer Nvidia Corp forecast its sales of video game chips would decline in the current quarter, and startled some analysts by laying out new supply-chain issues resulting from China's COVID-19 lockdowns.