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LONDON (Reuters) - U.S. asset management group BlackRock said on Friday it was reducing leverage in so-called liability-driven investment funds - which have been at the centre of chaotic market condit...

(Reuters) - Carnival Corp on Friday missed Wall Street estimates for quarterly revenue as inflation forced consumers to restrain from splurging on cruise travel, sending its shares down 7% in premarke...

(Reuters) - Federal Reserve policymakers, who have driven U.S. borrowing costs up faster this year than any time since the 1980s, got one less reason to slow that pace Friday after a government report...

By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Vice Chair Lael Brainard said on Friday the U.S. central bank will need to maintain higher interest rates for some time as part of its effort t...

MILAN (Reuters) - Italy has extended to Oct. 31 the deadline for exclusive talks with a consortium led by U.S. private equity fund Certares over a majority stake in ITA Airways, two sources close to t...

By Aditi Shah NEW DELHI (Reuters) - A comprehensive trade deal between India and the European Union could pave the way for Mercedes-Benz to produce more cars in the South Asian nation, potentially mak...

By Stephanie van den Berg VEENENDAAL, Netherlands (Reuters) - The budget-conscious Dutch, who enjoyed abundant cheap gas for half a century to heat their homes, are turning to more traditional heating...

NEW YORK (Reuters) - An estimated 233,000 homes and businesses were still without power in Puerto Rico on Friday almost two weeks after Hurricane Fiona caused an island-wide outage for its 3.3 million...

WASHINGTON (Reuters) - U.S. consumer spending rebounded in August, but aggressive interest rate hikes from the Federal Reserve as it battles stubbornly high inflation are slowing demand, which could l...

(Reuters) -Marlboro maker Altria Group Inc said it had exercised the option to be released from its non-compete deal with Juul Labs Inc, nearly four years after buying a 35% stake in the e-cigarette m...