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By Patturaja Murugaboopathy (Reuters) - Global thematic funds are facing heavy outflows this year as investors' fascination fade with such assets, most of which are closely correlated with economic gr...

(Reuters) - Cosmetics maker Estee Lauder Cos Inc is in talks to acquire luxury brand Tom Ford in what could be a $3 billion deal, the Wall Street Journal reported on Monday, citing people familiar wit...

By Huw Jones LONDON (Reuters) - Proposed global sustainability disclosure rules need simplifying and phasing in to avoid fragmenting how companies report on the impact of climate change on their busin...

By David Morgan WASHINGTON (Reuters) - U.S. Representative Peter Meijer, a Michigan Republican targeted by Donald Trump for voting to impeach the former president in 2021, accused Democrats on Monday ...

(Reuters) - Power use in Texas will break records again this week as homes and businesses crank up their air conditioners to escape another heatwave, the state's power grid operator projected on Monda...

(Reuters) - Several U.S. companies are expecting an economic downturn by the end of 2023, prompting their top executives to make recession a key topic of discussion during quarterly earnings calls. In...

MOSCOW (Reuters) - Russia's economic contraction will deepen in the third quarter of 2022, while its strong current account surplus, the key driver of the rouble's recent rebound, will shrink in the s...

MILAN (Reuters) - Eni has set up a new company called Eniverse Ventures that will help develop new technologies in the energy transition sector, the Italian company said on Monday. The new company wil...

By Katharine Jackson WASHINGTON (Reuters) -U.S. President Joe Biden tested positive for COVID-19 on Monday "as could be anticipated," his physician said in a memo released by the White House, adding t...

(Reuters) - The number of U.S. workers on the job and the total hours worked fell in July, industry data showed on Monday, days before the release of a monthly employment report that is expected to sh...