Business

Bank of Japan Governor Haruhiko Kuroda said on Wednesday the central bank was ready to ramp up stimulus, as the coronavirus pandemic keeps the economic outlook highly uncertain.

Mexico's president asked regulators on Tuesday to help strengthen state oil firm Pemex and power company CFE using existing laws, but added he could seek energy reforms next year if required to meet his goals, two sources said.

Wells Fargo & Co Chief Executive Charles Scharf exasperated some Black employees in a Zoom meeting this summer when he reiterated that the bank had trouble reaching diversity goals because there was not enough qualified minority talent, two participants t...

Argentina's economy contracted a record 19.1% in the second quarter versus the same period a year earlier as the coronavirus pandemic crippled production and demand, though was slightly better than analyst forecasts.

Stocks that moved heavily or traded substantially Tuesday:

Top U.S. economic policymakers opened the door on Tuesday to further aid for small businesses hit by the coronavirustriggered recession, but differed over how broad it might extend and the manner in which it should be delivered.

India's Shapoorji Pallonji (SP) group, the largest minority shareholder in Tata Group, believes it is necessary to separate interests from the autos to steel conglomerate, it said on Tuesday.

Deutsche Bank plans to shutter one in five branches in Germany as it seeks to save costs and capitalise on the changing habits of customers during the coronavirus pandemic, an executive said.

Wall Street's main indexes closed lower on Monday as concerns about new lockdowns in Europe and possible delays in fresh stimulus from Congress raised fears the U.S. economy faces a longer road to recovery than previously hoped for.

Britain is assessing the impact of the sale of chip designer Arm to U.S. company Nvidia , including commitments to keep its head office and staff in Cambridge, Eastern England, digital minister Caroline Dinenage said.

World economic output will return to its prepandemic level by mid2021 after a strongerthanexpected economic bounce in recent months, Deutsche Bank said on Monday, but bloated debt levels and a shift in policy could heighten the risk of a financial crisis.

After securing a generous portion of European Union recovery funds for the coronavirus crisis, Spain faces an unlikely problem how to make use of all the money, government sources told Reuters.

Globally, gold prices moved up due to a weaker US dollar and rise in COVID-19 infections. The price of spot gold increased 0.3 per cent to reach $1,954.65 per ounce.

Three blankcheck companies, backed by venture investor Chamath Palihapitiya, are looking to raise a total of $2 billion through initial public offerings, regulatory filings showed on Friday.

U.S. House of Representatives Speaker Nancy Pelosi spoke on Friday afternoon with the chief executives of the country's top airlines, who are urging Congress to approve another $25 billion in assistance to keep tens of thousands of U.S. workers on the pay...

Around 5 million British jobs remained fully or partly on furlough at the end of July, down from a peak of just under 9 million but still leaving millions of workers facing uncertainty with the scheme due to be wound up at the end of next month.