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(Reuters) - Russia's economy is expected to contract by 2.9% this year before returning to growth in 2023-24, Russian news agencies cited Economy Minister Maxim Reshetnikov as saying on Tuesday. Reshe...

By Eduardo Baptista BEIJING (Reuters) - High-profile universities and state-run research institutes in China have been relying on a U.S. computing chip to power their artificial intelligence (AI) tech...

By Naveen Thukral SINGAPORE (Reuters) - Abundant rice supplies in key exporters may largely offset an expected drop in output after floods in Pakistan and severe heatwave in China damaged crops, cappi...

VLADIVOSTOK, Russia (Reuters) - The head of Russia's No. 2 lender VTB said on Tuesday the bank returned to profit in July after record-making losses in the first six months of the year. Speaking at Ru...

(Reuters) - A wildfire on Fairview avenue, in the county of Hemet, California, spread to 2,000 acres (810 hectares) killing two people and injuring another, the Cal Fire and Riverside County Fire Depa...

ZURICH (Reuters) - Credit Suisse Group has agreed to sell its global trust business to The Bank of N.T. Butterfield & Son Limited and Gasser Partner Trust, the parties said in a joint statement https:...

BERLIN (Reuters) - German industrial orders fell more than expected in July, data showed on Tuesday. Orders for industrial goods were down 1.1% on the month in seasonally adjusted terms, figures https...

By Tetsushi Kajimoto TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki on Tuesday reiterated that sharp yen moves were "undesirable" and that he was watching rising volatility in the exchange...

VLADIVOSTOK, Russia (Reuters) - Russia's largest lender, Sberbank, on Tuesday said it had started lending in Chinese yuan, as Moscow looks to develop its financial infrastructure in countries that hav...

JOHANNESBURG (Reuters) - South Africa's biggest grocer Shoprite Holdings reported a 10.3% increase in annual profit on Tuesday as cash-strapped shoppers looked for value at its discount stores. Shopri...