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By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve's fight to lower inflation back to its 2% target "has a long way to go," Federal Reserve Chair Jerome Powell said on Wednesday in testimo...

(Reuters) - Intel said on Wednesday it would sell one-fifth of its stake in IMS Nanofabrication to private equity firm Bain Capital in a deal valuing the Austrian producer of chipmaking tools at about...

By Marc Jones LONDON (Reuters) - Telecoms company Veon said on Wednesday it would invest $600 million in the infrastructure of its Ukrainian subsidiary Kyivstar, the war-ravaged country's largest mobi...

By Jason Cairnduff and Sachin Ravikumar GLASTONBURY, England (Reuters) - Tens of thousands of music fans streamed into Worthy Farm in southwest England on Wednesday at the start of Glastonbury, the be...

By Sarupya Ganguly BENGALURU (Reuters) - U.S. bond markets are already pricing beyond expected Federal Reserve interest rate hikes in coming months, with strategists polled by Reuters forecasting shor...

By Ali Kucukgocmen ISTANBUL (Reuters) - Turkey's central bank is expected to raise its policy rate sharply on Thursday in a strong signal that re-elected President Tayyip Erdogan has accepted some ste...

FRANKFURT (Reuters) - The euro held its ground as the world's second most-used currency for trade, finance and reserve-building last year even as Russia slashed its reliance on it after being hit by s...

PARIS (Reuters) -Airbus has filled more than half of the 13,000 positions it expects to create in 2023, as aerospace manufacturers try to boost staff numbers to meet soaring demand, the European plane...

BEIJING (Reuters) - Rising sales of electric vehicles (EV) as well as batteries for energy storage are driving a recovery in China's lithium market, but growing supply of the metal will still outpace ...

LONDON (Reuters) -Italian yacht maker Ferretti, pursuing an additional listing of shares in Milan, started taking stock orders from investors on Wednesday, as the luxury sector defies a tough economic...