Economy News

By Lawrence Delevingne BOSTON (Reuters) - New York investment firm Infinity Q Capital Management LLC is liquidating its hedge fund as the fallout from a U.S. regulatory probe into...

(Bloomberg) -- The U.S. is threatening Russia with further repercussions if it doesn’t change behavior on foreign policy and the treatment of opposition activists at home. If...

BRASILIA (Reuters) - Brazil's 2022 inflation outlook rose above the central bank's official year-end goal for the first time, while the growth outlook for this year fell for a...

By Yoruk Bahceli and Tom Arnold (Reuters) - Junk-rated and emerging-market companies look set to raise record amounts of debt in coming months, urged on by bankers who advise...

By Geoffrey Smith  Investing.com -- Cryptocurrencies recover – a bit – after a sharp correction over the weekend with obscure origins. The pandemic worsens in India and other...

FRANKFURT (Reuters) - Large euro zone banks have been underreporting their risky assets by 275 billion euros by using their own models to quantify potential losses, the European...

MOSCOW (Reuters) - An ally of jailed Kremlin critic Alexei Navalny said there was no hope of receiving good news on the health of the hunger-striking opposition politician on...

AMSTERDAM (Reuters) -Dutch bank ABN Amro on Monday said it had reached a 480-million-euro ($574 million) settlement with prosecutors in the Netherlands over money laundering...

By Elizabeth Howcroft LONDON (Reuters) - What do you do with a $69 million artwork that doesn't physically exist? That's the question faced by the Singapore-based investor...

(Reuters) -Two men died after a Tesla (NASDAQ:TSLA) vehicle, which was believed to be operating without anyone in the driver's seat, crashed into a tree on Saturday night north of...

BEIJING (Reuters) - China's state planner said on Monday that it approved 16 fixed-asset investment projects worth a total of 45.4 billion yuan ($6.96 billion) in the first...

TAIPEI (Reuters) - Taiwan's central bank may again revise this year's growth forecast higher given the island's strong economic prospects, but will also keep an eye on whether the...

TAIPEI (Reuters) - Taiwan central bank governor Yang Chin-long said on Monday they may again revise this year's growth forecast higher given the island's strong economic...

By Tetsushi Kajimoto TOKYO (Reuters) - Japanese companies think the country will suffer a fourth round of coronavirus infections, with many bracing for a further blow to business,...

By Steve Scherer OTTAWA (Reuters) - Canada's first budget in two years, to be presented to parliament on Monday, proposes a sales tax for online platforms and e-commerce...

By Suleiman Al-Khalidi AMMAN (Reuters) - Syria's currency rose on Sunday in the first day of trading after the central bank raised the official price to attract foreign transfers...

By Elizabeth Culliford (Reuters) - Audio-chat app Clubhouse closed a new Series C round of financing, the company said during its weekly town hall on Sunday, without disclosing...

OTTAWA (Reuters) - Canada will set aside C$12 billion ($9.6 billion) to extend its main pandemic support measures in a budget to be presented on Monday, the Toronto Star reported,...

By Lewis Krauskopf NEW YORK (Reuters) -U.S. technology and growth stocks have taken the market's reins in recent weeks, pausing a rotation into value shares as investors assess...

By Jesse Cohen Investing.com - Dozens of companies from a wide range of industries will report quarterly results in the week ahead as the first quarter earnings season on Wall...

By Liang-sa Loh TAIPEI (Reuters) - Taiwan has never sought to use foreign exchange rates to gain an unfair trade advantage, the central bank said on Sunday, after the U.S....

By Giuseppe Fonte and Gavin Jones ROME (Reuters) - Italy risks missing an April 30 deadline for submitting a final version of its Recovery Plan to the European Commission because...

PRAGUE (Reuters) - The Czech Republic's security row with Russia could influence a decision on whether Russia is invited to bid on building a new unit at the Dukovany nuclear...

HANOI (Reuters) - Vietnam's foreign ministry said on Saturday it welcomed the U.S. Treasury's move on Friday to refrain from formally branding the country a currency manipulator....

By Howard Schneider WASHINGTON (Reuters) -Fewer than 200,000 businesses in the United States may have failed during the first year of the COVID-19 pandemic, a lighter toll than...

By Andrea Shalal WASHINGTON (Reuters) - U.S. President Joe Biden plans to nominate long-time Senate staffer Jayme White and former White House official Sarah Bianchi to serve as...

By Jan Strupczewski BRUSSELS (Reuters) - Some European Union governments will miss the April 30 deadline to submit their recovery plans to the European Commission, its Vice...

By Ann Saphir, Jonnelle Marte and Howard Schneider (Reuters) -The U.S. economy is set to take off this year as more Americans get COVID-19 vaccinations and become comfortable...

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Excess cash in the financial system has pressured overnight interest rates, in some instances pushing them negative, which,...

By Marc Jones, Sujata Rao and Tom Arnold LONDON (Reuters) - For all the insouciance with which markets treated Washington's latest sanctions on Russia, its move to target Moscow's...

(Bloomberg) -- New York City Mayor Bill de Blasio is sticking to his call to start bringing city workers back to the office on May 3, refuting claims by some employees that it’s...

By Shivani Kumaresan (Reuters) -The S&P 500 and the Dow hit record highs on Friday after Morgan Stanley (NYSE:MS) wrapped up bumper quarterly earnings reports from big U.S....

By Karin Strohecker and Ritvik Carvalho LONDON (Reuters) - Emerging market central banks delivered five net interest rate hikes in March, marking the end of an easing cycle which...

By Elizabeth Dilts Marshall and Noor Zainab Hussain (Reuters) -Morgan Stanley lost nearly $1 billion from the collapse of family office Archegos Capital Management, the bank said...

LONDON (Reuters) - Britain has approved the extradition of fugitive Indian diamond tycoon Nirav Modi, a Home Office spokesman said on Friday. The jeweller fled India before...