Business

LONDON (Reuters) -British airline easyJet said it had rejected a takeover offer on Thursday and would raise $1.7 billion from shareholders to fund its pandemic recovery and expand operations.

(Reuters) - The U.S.

By Lucia Mutikani WASHINGTON (Reuters) - U.S. manufacturing activity grew at a moderate pace in June, but employment contracted for the first time in seven months, likely because of rampant shortages

WASHINGTON (Reuters) - U.S. wholesale inventory accumulation slowed in July, lagging further behind sales, and it is now taking wholesalers the shortest time in seven years to clear shelves.

(Reuters) -Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday said he expects more clarity on the economic outlook by the time the Fed ends its bond-buying program in mid-2022, and is

(In fourth paragraph corrects title of Hochstein to Senior Adviser on Energy Security) By Timothy Gardner WASHINGTON (Reuters) -The Biden administration's push for a coordinated release of oil

A look at the day ahead from Sujata Rao. Earlier this week, the Reserve Bank of Australia didn't blink and stuck with plans to taper bond-buying stimulus next month.

By Sonali Paul and Koustav Samanta SINGAPORE (Reuters) - Oil prices slipped on Friday, wiping out gains from the previous session, as the dollar continued to rise on bets the U.S. central bank will

By Sabrina Valle HOUSTON (Reuters) - Exxon Mobil Corp has bet billions of dollars on offshore drilling in Brazil, an area it once abandoned and now sees as key to its future.

By Diane Bartz WASHINGTON (Reuters) - A bipartisan group of lawmakers, headed by Senators Amy Klobuchar, a Democrat, and Republican Chuck Grassley, plan to introduce a bill that would bar Big Tech