Business News

BERLIN (Reuters) – Sentiment among small and mid-sized businesses in Germany, hard-hit by massive cost increases, weak demand and high interest rates, is back near pandemic lows, a survey showed …

By Kopano Gumbi JOHANNESBURG (Reuters) -South Africa’s central bank Governor Lesetja Kganyago said on Thursday that the bank would not step in to protect the local currency despite its current …

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Surging U.S. real yields are aiding the dollar’s rebound, rewarding bullish investors while making bears think twice before betting against the buck. …

By Fergal Smith TORONTO (Reuters) – Analysts are sticking to their bullish forecasts on the Canadian dollar for the coming year, maintaining that the currency is undervalued and could benefit …

By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) -Sri Lanka’s central bank resumed interest rate cuts on Thursday to boost growth as the government seeks to lift revenue and repair …

By Kevin Buckland TOKYO (Reuters) – The Bank of Japan’s money market data indicated on Thursday that a mysterious spike in the yen rate against the dollar on Tuesday was …

(Reuters) – The European Central Bank’s rate hike last month was likely the last although the bank cannot be certain until seeing data available at meetings in December and March, …

By Ben Blanchard and Sarah Wu TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker and a major Apple supplier, predicted on Thursday strong year-end holiday sales after …

By Roushni Nair (Reuters) – Bearish bets on most Asian currencies were raised, a Reuters poll found on Thursday, as the possibility of higher-for-longer U.S. interest rates and the unprecedented …

By Ahmed Aboulenein and Steve Gorman WASHINGTON (Reuters) -Kaiser Permanente and union negotiators for 75,000 striking medical workers suspended a marathon round of contract talks without a settlement on Wednesday, …

By Dharamraj Dhutia MUMBAI (Reuters) -India’s central bank is widely expected to keep rates on hold on Friday but any further liquidity withdrawal measures alone may push market yields higher, …

By Joseph White and David Shepardson DETROIT (Reuters) – Negotiators for the United Auto Workers and Ford Motor have narrowed their differences on pay increases after a new offer from …

By David Milliken LONDON (Reuters) – Britain’s construction industry saw the biggest slide in activity in more than three years last month, as higher interest rates led to one of …

By Brigid Riley TOKYO (Reuters) – The yen and euro received some much needed relief on Thursday as the dollar and U.S. Treasury yields both stalled after U.S. private payrolls …

By Jody Godoy and Luc Cohen (Reuters) – Jurors in the trial of FTX founder Sam Bankman-Fried heard from both sides for the first time on Wednesday, receiving dueling portrayals …

By Ananya Mariam Rajesh and Helen Reid (Reuters) – Sandal company Birkenstock needs to sell more clogs and boots and boost sales from its own website and boutiques to attract …

(Reuters) -Imperial Brands said on Thursday trading for the year was in line with its expectations and reaffirmed its forecast, on the back of sustained demand, higher prices and strong …

STOCKHOLM (Reuters) -Volvo Cars’ sales rose 25% in September from a year earlier to 61,666 cars as sales grew in China as well as in the U.S. and Europe, the …

BERLIN (Reuters) -German exports fell more than expected on the month in August, federal statistics office data showed on Thursday, as weak global demand hurt the country’s exports. Exports fell …

SEOUL (Reuters) – South Korea’s central bank governor said there was a high possibility interest rates would stay higher for longer and there was a need to improve the system …

By Xie Yu and Clare Jim HONG KONG (Reuters) – As developer China Evergrande Group lurched from one crisis to another over the past two years, Beijing avoided directly intervening …

By Anant Chandak BENGALURU (Reuters) – Growth in India’s dominant services industry accelerated in September as already robust demand strengthened, according to a survey that also showed businesses were the …

By David Randall and Davide Barbuscia NEW YORK (Reuters) – Bond investors’ rising concerns around U.S. government spending and its ballooning budget deficit are contributing to a steep sell-off that …

A look at the day ahead in European and global markets from Tom Westbrook Relief extended from Wall Street to Marunouchi on Thursday, with bond yields and the dollar down …