Clear 37°. Wind Chill: 31°. Wind: NW 4 mph.
Loading advertisement…
Trending: Immigrant truckers file suit over California’s plans to revoke commercial driver’s licenses
HomeNewsNationalBusiness ( Page 320)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

Dollar wobbles as traders eye series of Fed rate cuts

(Corrects day in final paragraph to Tuesday instead of Monday) By Kevin Buckland TOKYO (Reuters) – The dollar sank to a 2-1/2-month low against the euro and a 10-month trough versus the risk-sensitive Aussie on Tuesday as investors cemented bets for ...
by

Analysis-China steel exports poised for record high, risking further tariff backlash

BEIJING (Reuters) -China’s steel exports are set to hit an all-time high this year, defying predictions that unprecedented trade barriers would drive down shipments, and threaten to provoke an even fiercer protectionist backlash against the world’s dominant producer. Exports will grow 4% to 9% this ...
by

Australian pension funds to expand use of forex hedging as size grows, top central banker says

SYDNEY (Reuters) -Australian pension funds will have to expand the use of foreign exchange hedging as the sector is likely to grow in size to become the second-largest globally with a larger share of investments going abroad, a top central banker said on Tuesday. In ...
by

ANZ investors brace for short-term pain as new CEO Nuno Matos clears the decks

By Scott Murdoch and Christine Chen SYDNEY (Reuters) -ANZ Group investors are willing to back new CEO Nuno Matos’ strategy to resuscitate the Australian bank’s flagging fortunes, but they are gearing up for near-term hits, including a possible dividend cut. Over the last week, Australia’s fourth-largest ...
by

Morning Bid: Fed opens September meeting with independence under threat

A look at the day ahead in European and global markets from Rae Wee The U.S. Federal Reserve kicks off its two-day policy meeting later on Tuesday where an interest rate cut is all but priced in, at a time when the central bank faces ...
by

OpenAI hires former xAI CFO Mike Liberatore as business finance officer

(Reuters) -OpenAI has hired Mike Liberatore, former finance chief at Elon Musk’s xAI, to be the artificial intelligence startup’s business finance officer, responsible for overseeing its AI infrastructure, a company spokesperson told Reuters on Tuesday. Liberatore, who left xAI in July after just three months ...
Loading advertisement…
by

Global oil and gas field decline rates are increasing, IEA says

By Seher Dareen LONDON (Reuters) -The natural rate of decline in output from the world’s oil and gas fields is speeding up, owing to more reliance on shale and deep offshore resources, the International Energy Agency said on Tuesday. That means companies will need to ...
by

Asia stocks scale new highs, dollar tentative as investors eye Fed cut

By Rae Wee SINGAPORE (Reuters) -Asia stocks climbed on Tuesday while the dollar was on the back foot as investors bet the U.S. Federal Reserve would resume its easing cycle this week and potentially leave the door open to further rate cuts. Markets hardly reacted to ...
by

VietJet to take delivery of first Boeing 737 MAX jet after long delays, documents show

By Phuong Nguyen and Francesco Guarascio HANOI (Reuters) -Vietnamese airline VietJet is set to take delivery of its first Boeing 737 MAX aircraft more than nine years after placing an order, company and state documents show, as Hanoi continues talks with the U.S. on tariffs. The ...
by

Google sets out $6.8 billion UK investment ahead of Trump’s state visit

LONDON (Reuters) -Google said on Tuesday it would make 5 billion pounds ($6.80 billion) in new investments into Britain ahead of U.S. President Donald Trump’s state visit to the country, which is expected to feature a flurry of business deals and partnerships. The U.S. tech ...
by

Asian shares trade mixed after Wall Street sets new records

TOKYO (AP) — Asian shares traded mixed on Tuesday after Wall Street set new records as investor anticipation grew that the U.S. Federal Reserve will announce the first cut of the year on its main interest rate. Japan’s benchmark Nikkei 225 came off a holiday ...
by

How much for matcha? Prices for the popular powdered tea soar due to global demand

The world’s fondness for matcha is about to be tested by steep price increases. Global demand for the powdered tea has skyrocketed around the world, fueled by consumer interest in its health benefits and by the bright green matcha lattes bubbling up on social media. ...
First Previous316317318319320321322323324Next Last