By Andrea Shalal World Bank President Ajay Banga unveiled new plans on Tuesday to stretch the bank's balance

By Luis Jaime Acosta BOGOTA Colombia's state-owned airline Satena will invest $80 million to expand and modernize its

By Takaya Yamaguchi and Leika Kihara TOKYO (Reuters) -Japanese companies increased capital expenditure and reaped solid profits in the third

Australia’s industrial relations umpire raised the national minimum wage by 5.75% from July 1 in an effort to

Meta Platforms Inc. is close to reaching a deal that will bring its mixed reality headset to China

ROME A group of airlines operating in Italy on Monday criticised government plans to curb ticket prices at

Tesla Inc.’s Dojo supercomputer may add as much as $500 billion to the company’s market value through faster

The dramatic fluctuation in shares of Vietnamese electric vehicle maker VinFast is "normal", its chief executive told AFP on Friday, insisting the company was on sound...

Chelsea are negotiating a fee of £50m with add-ons for Romeo Lavia, after the midfielder signalled his intention to leave Southampton for Stamford Bridge rather than Liverpool. The Anfield club had earlier on Monday had a £60m bid accepted for the 19-year-old and, while he was interested in going north, moving to London has proved a more favourable option. There was some frustration given that it was felt Liverpool could have had a deal done last week, but Southampton absolutely refused to drop their asking price from £50m, in what has proved a seller's market. The signing will take Chelsea's expenditure to over £900m gross since the takeover in May 2022, and raised questions over how they will meet Financial Fair Play requirements. While the spending has inevitably been the subject of a lot of discussion at the top levels of clubs, just as it has been in the wider game, there has been no contact with the Premier League about it. Chelsea are likely to still have a number of outgoings in the two weeks left of the window - although that does raise the issue of clubs knowing they need to sell. The Premier League are expected to change their rules to bring them in line with Uefa's, closing a loophole that allows transfer fees to be spread over a longer-period and setting a limit at five years, but that will not affect the last year's spending. The regulations are also dependent on the year-end date for signings and which year the transactions go into. Chelsea completed the signing of Moises Caicedo for an initial £100m from Brighton earlier on Monday. Read More Chelsea end Caicedo saga by signing Brighton midfielder for initial £100m Chelsea’s £1bn spending spree still isn’t enough Chelsea and Liverpool trial football without defensive midfielders

China’s industry minister has met Tesla Ltd

NEW YORK--(BUSINESS WIRE)--May 23, 2023--

By Jorgelina do Rosario LONDON Global public debt surged to a record $92 trillion in 2022 as governments