BUSINESS

Key moments in Carlos Ghosn saga

Ukrainian journalists carve out new niche in Germany

Crunch time for Macron, Le Pen ahead of presidential vote

Future Group's lenders have rejected a $3.4 billion sale of the Indian group's retail assets to Reliance Industries, banking sources said, adding to Future's struggles to pay off debt after it was hit hard by the COVID-19 pandemic.

Eurozone growth speeds up in April despite Ukraine war

Myanmar junta chief calls for peace talks with ethnic rebels

It is the biggest acquisition financing ever put forward for one person. Elon Musk is doing it his way.

Anheuser-Busch InBev plans to exit Russia by selling its interest in a joint venture with Turkish brewer Anadolu Efes that operates in Russia and Ukraine and expects to take a $1.1 billion charge as a result.

New Delhi is halving its fundraising goal for Life Insurance Corporation of India's IPO to 300 billion rupees ($3.9 billion), having had to cut its valuation estimates after feedback from investors, a government source said.

The Indian government is planning to raise about 300 billion rupees ($3.9 billion), half of what it had earlier estimated, from selling a stake of just over 5% in Life Insurance Corporation of India (LIC), a government source told Reuters.

New clashes at Jerusalem's Al-Aqsa mosque compound

Will Twitter's 'poison pill' be too tough for Elon Musk to swallow?

Swedish truck maker AB Volvo reported a surprise rise in first-quarter core earnings on Friday, as it juggled strong market demand with a strained supply chain that has limited its capacity to keep up with orders.

Swedish truck maker AB Volvo reported a surprise rise in first-quarter core earnings on Friday, as it juggled strong market demand with a strained supply chain that put a cap on its ability to fill up order books.

German business software group SAP on Friday flagged a 300 million euro ($325.3 million) hit to sales from its planned exit from Russia, after strength in its cloud business helped it beat first-quarter revenue estimates.

German business software group SAP on Friday reported first-quarter revenue growth of 11%, beating estimates on a boost from its cloud business, but flagged a revenue hit of 300 million euros ($325.26 million) because of its exit from Russia.

French carmaker Renault said on Friday all options were on the table for separating its electric vehicle (EV) business, including a possible public listing in the second half of 2023.

French carmaker Renault said on Friday that "all options are on the table" for separating its electric vehicle (EV) business, including a possible public listing in the second half of 2023.

Steel boss James Brand raises his voice above the roar of metal being funnelled into a foundry furnace as he details how rampant costs have pushed him to raise his prices by 70%.

Swiss elevator and escalator maker Schindler on Friday reported a drop in first-quarter net profit but beat the consensus forecast despite supply chain woes, cost inflation, coronavirus lockdowns and market contraction in China.

'Cinema Paradiso' actor Jacques Perrin dies at 80

The Bank of Japan (BOJ) should revise its yield curve control (YCC) policy or scrap it if the benchmark Japanese government bond (JGB) yield keeps rising to the upper limit of the central bank's range, one third of economists surveyed by Reuters said.

Tuft Love: Young Chinese weave away stress with crafts

Macron lost the French left, but now needs it for victory

Global stocks plunge on jitters over higher interest rates

Wall Street opened sharply lower as world stocks hit five-week lows, while bond yields soared to multi-year highs on Friday as investors brace for rate hikes in the United States, Britain and the euro zone.

World stocks fell to five-week lows and bond yields rose on Friday as investors fretted about rate hikes in the United States and the euro zone, while the yuan struck a seven-month low as lockdowns in Shanghai hit China's growth prospects.

Revitalised Angkor Wat brings hope for Cambodia tourism recovery

Oil slipped on Friday, burdened by the prospect of weaker global growth, higher interest rates and COVIDlockdowns in China hurting demand even as the European Union considers a ban on Russian oil that would further tighten supply.