BUSINESS

Weak pound is major draw at London's Frieze art fair

'Shelf-life of a lettuce': Truss's nightmare on Downing Street

Budget furniture giant IKEA reported record high annual sales on Thursday as price hikes and easing effects from the pandemic made up for supply shortages, weakening consumer confidence and its exit from Russia.

Protest-hit Iran accuses US of 'destablisation' plot

Ukraine allies pledge air defence, Russia inches towards Bakhmut

Delta Air Lines Inc's quarterly profit missed Wall Street estimates on Thursday but the carrier expects travel demand to remain robust despite growing risks of an economic recession.

European electricity use is falling to levels seen during the worst of the COVID-19 pandemic although some countries need to curb consumption further to prepare for a possible energy supply crunch this winter, a Reuters analysis of power data shows.

British PM faces fresh political woes after meeting with MPs

Hong Kong dealmakers expect China's 20th Party Congress next week to herald a shift in focus in Beijing back towards business and economic issues that could help revive the city's IPO issuance from nine-year lows.

Russian Orthodox Church gets warm welcome in Orban's Hungary

Shares in Toshiba Corp on Thursday surged on a report that a domestic investor-led group was looking at a $19 billion bid - a potential deal that would likely lead to foreign activist shareholders being bought out after years of tension.

Global investors and banks have been voicing confusion about their efforts to convert depositary receipts of Russian companies into ordinary shares in compliance with a new Russian law, according to advisors and client communications from the banks.

Septet of PMs do battle in snap Vanuatu poll

Crisis-hit Iraq makes latest bid to elect president

Asian markets drop as traders brace for key US inflation data

Singapore-based Oversea-Chinese Banking Corp Ltd is hunting for acquisitions in Indonesia to speed up its growth, aiming to leverage a strong capital buffer built up in recent years, the head of Southeast Asia's second-biggest bank said.

Fledgling union efforts at Amazon, Starbucks dig in for long fight

No adverse reactions from consuming the product have so far been reported.

Qantas Airways Ltd will return to a profit in the first half for the first time since the pandemic began as demand rebounds and it focuses on ensuring reliable operations and sweetens its wages offer to employees, its chief executive said.

Federal Reserve Governor Michelle Bowman said on Wednesday that if high inflation does not start to wane she will continue to support aggressive rate rises aimed at taming price pressures.

Google allows Donald Trump's Truth Social in Play Store

The movie theater company is faced by a trifecta of troubles: mounting debt, falling stock, and a less-than-spectacular release calendar.

The minutes began with the usual review of the economic conditions, stating that the economy is weakening faster than expected back in July.

The head of European planemaker Airbus on Wednesday reaffirmed a target of delivering a total of 700 aircraft in 2022 - a task he said was necessary to reach a separate monthly production target of 65 narrowbody jets in early 2024.

Stocks rose Wednesday ahead of the release of the consumer price index, a key inflation gauge.

G7, IMF vow to support Ukraine after Russia strikes

For companies playing with virtual reality as disparate as plane-maker Boeing Co and online-gaming platform Roblox Corp, forays into the so-called "metaverse" have come with equal parts promise and peril.

Wholesale prices rose nearly 0.4% in September, exceeding the Dow Jones estimate.

Delta Air Lines and Starbucks combined rewards programs to offer new way to earn miles and Starbucks rewards points.