BUSINESS

Dominoes the game for everyone in Venezuela

The London Metal Exchange had hoped to get the global market for nickel motoring again on Wednesday after a week in limbo. It didn't work out as planned.

Nickel trading on the London Metal Exchange (LME) resumes on Wednesday a week after it was suspended with limits on price movements to prevent disorderly trading after wild swings triggered a rare market shutdown.

Japan reported a wider-than-expected trade deficit in February as an energy-driven surge in import costs caused by massive supply constraints added to vulnerabilities for the world's third-largest economy.

South Korea's annual unemployment rate fell to the lowest on record in February, with jobs growth staying at a near 22-year-high, though the increase was mainly due to a low base and the government's fiscal spending.

Japan's top firms have offered pay rises of more than 2% at annual wage talks that wrapped up on Monday, marking an uptick from the previous year but still falling short of Prime Minister Fumio Kishida's request for a bigger increase to spur growth.

Japan's top firms are set to offer pay rises of around 2% or more as annual labour talks wrap up on Wednesday, a boost from last year's razor-thin increase that is still unlikely to kick-start demand in the moribund economy.

Greenland Holdings Corp Ltd, a major Shanghai-based Chinese state-backed property developer responsible for marquee projects at home and abroad, was scrambling for funds late last year, people with direct knowledge of the matter said.

TikTok and The Cannes Film Festival want to bring together "creatives and cinematographers from around the world" through a partnership.

Firms blast Bolsonaro bill on mining indigenous lands

The lawsuit alleges that Google has directed users away from restaurants' websites to a Google-operated site through the "Order Online" button without restaurants' permission.

Wintershall Dea AG said on Tuesday Russian oligarch German Khan, who was sanctioned by the European Union, was stepping down from its board, causing further upheaval at the German oil company with several ties to Russia.

A leading Generali shareholder on Tuesday proposed naming the Italian insurer's head of Austria as its new chief executive, in a challenge to the reappointment of Philippe Donnet.

Walmart will add the 5,000 new hires as it adds two new tech hubs in Toronto and Atlanta under its Global Tech unit.

Barclays PLC has hired an executive from a rival bank for its mergers, acquisitions, activism and ESG advisory group as demand increases from corporate clients for those services.

Nickel will resume trading on the London Metal Exchange (LME) in a fixed price range for the first time on Wednesday after extreme volatility in prices triggered a rare market shutdown last week.

Reel change: AMC's latest bet is in... mining

Rules forcing Britain's banks to wrap their retail arms with a bespoke cushion of capital should be retained for now, though they could "ossify" the sector in the longer term if left unchanged, an independent review for the finance ministry said on Tuesday.

Fox News cameraman, Ukrainian producer killed near Kyiv

Amazon on Tuesday gained unconditional EU antitrust approval for its proposed $8.5 billion acquisition of U.S.

Amazon on Tuesday gained unconditional EU antitrust approval for its proposed $8.5 billion acquisition of U.S.

Russia seeks new jail term for opposition leader Navalny

EU finance ministers agreed on Tuesday to subsidise household fuel prices and offer support to companies hit by surging energy prices as a result of Russia's invasion of Ukraine, French Finance Minister Bruno le Maire said.

European Union regulators have told some banks to scrutinise transactions by all Russian and Belarusian clients, including EU residents, to ensure that they are not used to circumvent Western sanctions against Moscow, three sources told Reuters.

Coffee traders are scrambling to redirect shipments headed for Russia and Ukraine as trade flows to the two countries collapse due to Western sanctions imposed on Moscow and Kyiv's move to close its ports.

Pfizer's CEO thinks a fourth booster is necessary, while Moderna's president thinks an additional booster shot is only needed for some people.

Mercedes-Benz AG won't cut spending on future electric vehicles even as it copes with supply-chain cost pressures exacerbated by the Russia-Ukraine conflict, the German automaker's chief executive said on Tuesday.

Mercedes-Benz AG opened its first U.S. electric vehicle (EV) battery factory on Tuesday and said Japanese battery maker Envision AESC would supply battery modules for U.S.-made Mercedes EVs from a new U.S.

'Happiest man' Kere first African to win Pritzker architecture prize