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MADRID (Reuters) - The U.S. Federal Reserve is still monitoring the situation in the banking industry very carefully, Fed Chair Jerome Powell said on Thursday. "We are very reluctant to say" if the se...

(Reuters) - Germany's BMW will build its X3 model in South Africa from 2024, investing 4.2 billion rand ($225.09 million) to electrify its plant in Rosslyn, the company said in a statement on Thursday...

By Brenda Goh SHANGHAI (Reuters) - Geopolitics and the national security concerns of some countries are threatening the globalisation of the world's chip industry, which is now in a turbulent era, the...

By John Irish PARIS (Reuters) - The 193 member states of the United Nations' cultural agency are expected to back the United States' return to the organisation almost five years after then-President D...

(Reuters) - Sri Lanka announced a restructuring plan for its massive domestic debt on Thursday to meet targets set by the International Monetary Fund (IMF) and aim to turn around its economy, which ha...

(Reuters) - With U.S. inflation well above the Federal Reserve's 2% goal and a labor market that's still very tight, most of the central bank's policymakers expect they will need to raise interest rat...

(Reuters) - British cinema chain operator Cineworld Group said on Wednesday that a U.S. court had approved its debt restructuring plan. The company, which filed for Chapter 11 protection in the U.S. l...

By Angelo Amante and Giuseppe Fonte ROME (Reuters) - The reluctance of Italy's right-wing coalition to ratify reform of a vital euro zone bailout fund is rooted in a deep distrust of the European Unio...

SYDNEY (Reuters) - New Zealand passed a law on Thursday guaranteeing bank deposits up to NZ$100,000 ($60,770), a move it said would strengthen and protect its financial system. The Deposit Takers Bill...

By Duncan Miriri and Marc Jones NAIROBI/LONDON (Reuters) - As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya's KTDA co-operative produces 3,400 m...