Business

The dollar stirred and equities recoiled on Thursday after a divided U.S. Federal Reserve dented stimulus hopes, TikTok's tugofwar clobbered tech stocks and dire European car sales underscored coronavirus troubles.

Germany's Deutsche Boerse, on a mission to make acquisitions, said on Thursday that it would buy a majority stake in fintech Quantitative Brokers for an undisclosed sum.

The Bank of Japan kept monetary policy steady on Thursday and offered a slightly more upbeat view of the economy than in July, suggesting that no immediate expansion of stimulus was needed to combat the coronavirus pandemic.

New Zealand fell into its deepest economic slump on record in the second quarter as its battle against the coronavirus pandemic paralysed business activity, official data showed on Thursday.

Global equities slid and the dollar firmed on Wednesday after the Federal Reserve pledged to hold interest rates near zero until at least 2023 and keep its bondbuying program in place to stimulate the U.S. economy as part of a dovish policy stance.

The European Union's chief executive said on Wednesday the bloc should commit to deeper emissions cuts over the next decade, and pledged to use green bonds to finance its climate goals.

Shares of Kodak are sharply higher after an independent legal review found that while there were flaws in how Eastman Kodak issued stock option grants to its CEO just before revealing a major development that sent its stock soaring, no illegality was invo...

Provided the virus is kept from spreading out of control, the global economy will bounce back into growth next year by expanding 5%, trimmed from a June forecast of 5.2%, the Paris-based policy forum said.

Investors were generally cautious before the Federal Reserve meeting on Wednesday, boosting the yen, as the rally that pushed up shares after Chinese and U.S. economic data in the previous session slowed in early London trading.

Handelsbanken will close almost half of its branches and cut about 1,000 jobs in Sweden over the next two years while using the cost savings to invest in the bank's IT systems, it said on Wednesday.

Gold prices inched up on Wednesday on a weaker dollar, with investors awaiting the outcome of the Federal Reserve's policy meeting for details of the U.S. central bank's plans to balance interest rates against its inflation target.

Families of Boeing 737 MAX crash victims are urging U.S. lawmakers to ensure the planemaker is held accountable for accidents that together killed 346 people by blocking a key legal defense, according to a letter sent on Tuesday and seen by Reuters. Chi...

Asian shares were set for a mixed open on Wednesday as investors awaited the Federal Reserve's view on the economy at the end of its policy meeting, although upbeat Chinese and U.S. economic data is likely to give sentiment a tailwind.

The European Parliament on Tuesday voted in favour of including greenhouse gas emissions from the maritime sector in the European Union's carbon market from 2022, throwing its weight behind EU plans to make ships pay for their pollution.

European governments should focus on developing coherent air travel policies as airlines struggle to recover from the COVID19 pandemic, rather than shielding national carriers, easyJet Chief Executive Johan Lundgren said on Tuesday.

Lego said Tuesday that it will stop using plastic bags inside its boxed sets and replace them with paper ones.