BUSINESS

Here's what retailers are doing with their overstock amid inflation.

Natural gas a few years ago was so unwanted that U.S.

Cuba, mired in an energy crisis that has brought frequent blackouts, is negotiating with a Turkish company to have it double the megawatts it currently produces for the country from shipboard generators just offshore, according to two people with knowledge of the discussions.

Gautam Adani, who has a net worth of $143 billion, is now richer than LVMH chairman Bernard Arnault.

Italy has picked a group led by U.S. private equity fund Certares, backed by Air France-KLM and Delta Air Lines Inc, for exclusive talks on buying a majority stake in ITA Airways, the Treasury said on Wednesday.

Eurozone inflation jumps to new record 9.1%

Volkswagen's supervisory board agreed on Tuesday evening to remove two seats from the carmaker's 12-person management board, three people familiar with the matter said on Wednesday, adding that a decision was not yet finalised.

Ryanair is hopeful but not certain of returning to pre-COVID profit levels of over 1 billion euros ($1 billion) this year as travelers trade down to low-cost services, Chief Executive Michael O'Leary told Reuters on Tuesday.

Executives at Ireland's large hub of multinational companies are still only going on a small fraction of the foreign business trips they made before the COVID-19 pandemic, the head of the country's largest hotel operator said.

Chinese electric carmaker BYD plummets after Buffett sale

Japan will step up surveillance of banks' risk control as interest rises abroad create latent losses in their foreign bond holdings, reflecting concerns about the impact of U.S.

Japan defence ministry asks for $40 bn budget with eyes on Russia, China

Hundreds of public housing apartments in Singapore, one of the world's most expensive cities, are being sold for over one million Singapore dollars ($716,000) as COVID-related construction delays create a shortage of new units.

FTSE Russell is likely to add South Korea to a watch list in coming weeks for inclusion in its World Government Bond Index, the country's vice finance minister said on Wednesday, heralding a move that could bring huge inflows of foreign funds.

IAEA inspectors set off for Russian-held Ukrainian nuclear plant

Global oil companies are pumping billions of dollars into offshore drilling, reversing a long decline in spending on the decades-long projects including some in the remote iceberg waters far off Canada's Atlantic coast.

Two of Malaysia's largest mobile carriers do not plan to take stakes in a state-owned 5G agency, three people familiar with the matter told Reuters - a setback that could further delay the country's rollout of 5G technology.

Investors in the $23 trillion U.S. Treasury market are slicing up orders and switching to more easily traded issues, adapting to navigate periodic illiquidity that looks to get worse as the U.S.

Netflix in row over inspiration for Mexican drug 'queen' show

Welcome: Palestinians with disabilities out front at Bethlehem hotel

Bank of Japan board member Junko Nakagawa on Wednesday warned of risks to the country's fragile economy such as the chance of rising living costs hurting household spending, highlighting the need to keep monetary policy ultra-loose for the time being.

Asian markets down again as traders eye more monetary tightening

China's August factory activity weakens for second straight month

California law would make tech firms think of children

William and Harry to mark Diana anniversary in private, apart

Exec departures at Snap after report of workforce cuts

Amazon to unveil its $1bn bet with 'Lord of the Rings' prequel launch

Gazprom halts pipeline gas flow in new jitters for Europe

Mikhail Gorbachev, last Soviet leader, dies at 91