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(Reuters) -Bank of America and its related entities have agreed to pay Ambac Financial Group $1.84 billion in a lawsuit settlement, sending the bond insurer's shares up 8.6% premarket. The settlement ...

By Ron Bousso LONDON (Reuters) - BP is targeting the North Sea and U.S. shale basins to boost oil and gas supplies in the short term in response to the global energy crisis, its head of oil and gas op...

MILAN (Reuters) - Stellantis will halt production next week at its key Melfi plant, in southern Italy, due to a semiconductor shortage affecting the supply of a specific component, the local head of U...

By Svea Herbst-Bayliss and Emma-Victoria Farr NEW YORK/FRANKFURT (Reuters) - Assa Abloy AB is considering options including selling its Yale and Emtek locks brands as it seeks to overturn U.S. antitru...

MUMBAI (Reuters) - The Indian central bank will soon commence limited pilot launches of a central bank backed digital rupee for specific use cases, it said in a concept paper released on Friday. The R...

LONDON (Reuters) - Investors piled into cash at the fastest weekly rate since April 2020 in the week to Wednesday, as soaring government borrowing costs, high energy prices and slowing growth fanned r...

NAIROBI (Reuters) - Shares of Kenyan telecoms operator Safaricom surged more than 9% on Friday after it secured a mobile financial services licence in Ethiopia, market participants said. Ethiopia's Fi...

PEORIA, Ill. — Peoria firefighters were called around 9 p.m. Thursday to a home on W. Millbrook Court, near Sterling Towers, for a rescue. Fire Battalion Chief Steve Rada says when crews arrived...

BRUSSELS (Reuters) - The European Commission said on Friday e-commerce business Shopify has committed to put in place improvements aimed at making online shopping safer for customers, according to a s...

A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. This week a lot of "bad news is good news" (or vice versa) talk has been banded around markets -- and with good reason. Think ...