Browsing: Economy

The Biden administration will make $12 billion available in grants and loans for car and truck manufacturers and suppliers to retrofit factories to produce electric vehicles…

By Devayani Sathyan BENGALURU (Reuters) – Australian home prices likely bottomed much earlier than previously expected and will rise for the rest of this year and…

The numbers: Home buyers appear to have adjusted to higher rates, as mortgage applications rose in the latest week despite rates staying put. Rates were unchanged…

BRASILIA (Reuters) – Brazil’s Senate approved a bill on Wednesday night that introduces changes to tax trial rules, aimed at raising the bar for companies to…

Story developing. Stay tuned for updates here. The numbers: Initial jobless claims fell by 4,000 to 228,000 in the week ended Aug. 26, the Labor Department…

By Kirsty Needham SYDNEY (Reuters) – Australia and the European Union will resume free trade talks on Thursday with a teleconference between Australia’s Trade Minister Don…

Bank of Japan policy board member Toyoaki Nakamura said Thursday that the bank would continue its easy policy stance because Japan hasn’t achieved its inflation goal…

BRASILIA (Reuters) – Brazil’s lower house of Congress approved on Wednesday the main text for a project that extends a payroll tax exemption for 17 economic…

Benchmark European government bond yields fell alongside the euro as traders reduced bets on an imminent interest rate hike by the bloc’s central bank after data…

By James Pomfret and Elaine Lies HONG KONG/TOKYO (Reuters) – In Hong Kong’s highest court, five judges are deliberating whether to recognise same-sex marriages conducted overseas.…