Bessent said that, although the overall U.S. economy remains solid, high mortgage rates still hinder the real estate market. Housing, he said, is effectively in a recession that is hitting low-end ...

SYDNEY (Reuters) -Australian home prices jumped by the most in more than two years in October as rate cuts and government ...

One of the largest Turkish refineries, SOCAR Turkey Aegean Refinery (STAR), owned by Azeri company SOCAR, has recently bought four cargoes of crude from Iraq, Kazakhstan and other non-Russian ...

FILE PHOTO: The logo of Chinese-owned semiconductor company Nexperia is displayed at the chipmaker's German facility, after ...

Eight OPEC+ members - Saudi Arabia, Russia, the United Arab Emirates, Iraq, Kuwait, Oman, Kazakhstan and Algeria - are set to ...

TOKYO (Reuters) -Japan's Panasonic Holdings cut its full-year operating profit forecast by 13.5% on Thursday, mainly due to ...

The better-than-expected growth will pave the way to raise the full-year forecast to more than 5%, the agency said, from a ...

FRANKFURT (Reuters) -Germany's pilots union VC is giving Lufthansa more time to resolve a pensions dispute, averting a ...

On Wednesday, after the Fed's policy-setting committee voted 10-2 to lower its benchmark interest rate to the 3.75%-4.00% ...

RIO DE JANEIRO (Reuters) -Brazilian airline Azul reached a settlement with unsecured creditors, advancing its financial restructuring after having filed for Chapter 11 protection in May, the firm said ...

(Reuters) -The U.S. Department of Energy on Friday announced that it would make $100 million available to refurbish and ...

Net income, including gains and losses from Berkshire's common stock investments including Apple, rose 17% to $30.8 billion, or $21,413 per Class A share, from $26.25 billion a year earlier.