Business

None of 42 projects to repair damage from the 2015 collapse of a Brazilian dam is on track, according to a United Nations expert report published shortly before mining giant BHP hears if it will be pursued through English courts over the disaster.

The Federal Reserve kept interest rates pinned near zero on Wednesday and promised to keep them there until inflation is on track to "moderately exceed" the U.S. central bank's 2% inflation target "for some time."

Germany's Deutsche Boerse and Swiss stock exchange operator Six have launched a charm offensive to win the backing of Italian officials before submitting final bids for the Milan bourse, sources familiar with the matter told Reuters.

The United States plans to sell as many as seven major weapons systems, including mines, cruise missiles and drones to Taiwan, four people familiar with the discussions said, as the Trump administration ramps up pressure on China.

Two Boeing 737 MAX crashes that killed all 346 passengers and crew aboard were the "horrific culmination" of failures by the planemaker and Federal Aviation Administration (FAA), a U.S. House panel concluded after an 18month investigation.

A hefty drop in meal prices, spurred by Britain's scheme to support the hospitality sector through the COVID19 pandemic, helped to push inflation down last month to its lowest rate in almost five years.

Dentsu Group Inc and Toyota Motor Corp have agreed to form a business alliance and establish two companies to improve Toyota's communications and digital transformation strategy, Dentsu said in a statement on Wednesday.

The Federal Reserve is expected to wrap up its latest policy meeting on Wednesday with somewhat rosier economic forecasts but a renewed pledge to keep interest rates low for as long as the world's biggest economy needs to recover from its deepest downturn...

Mito (Japan) (AP) Japan's trade surplus widened in August as the pandemic pummeled a wide array of industries and sapped consumer demand. The 15 per cent drop in exports from a year earlier was outpaced by a more than 20% decline in imports, according t...

Oil prices rose on Wednesday, extending gains from the previous session, as a hurricane disrupted U.S. offshore oil and gas production and an industry report showed a big drop in U.S. crude stockpiles.

A Singapore oil trader has won favourable decisions from the Parisbased International Chamber of Commerce (ICC) against two banks in tradefinance disputes related to troubled Hin Leong Trading, documents reviewed by Reuters showed.

A top Senate Republican on Tuesday said conservative economist Judy Shelton does not have the votes to be confirmed to one of two vacancies on the Federal Reserve board.

Benchmark U.S. crude oil for October delivery rose $1.02 to $38.28 a barrel Tuesday. Brent crude oil for November delivery rose 92 cents to $40.53 a barrel.

U.S. stocks rose on Tuesday as investors hoped the Federal Reserve would stick with its supportive policy stance as the central bank's twoday meeting got underway.

World stock markets rose on Tuesday, first on upbeat Chinese data and later on a solid increase in U.S. factory output, while the dollar seesawed on expectations the Federal Reserve will keep a downbeat economic outlook when policymakers meet this week.

Some volunteers have quit Johnson & Johnson's COVID19 vaccine trial in Spain after news of side effects in a participant in AstraZeneca's trial, the Spanish programme's lead investigator told Reuters on Tuesday.