Economy

By Scott Murdoch, Heekyong Yang and Kashish Tandon SYDNEY/SEOUL (Reuters) -Hyundai Motor India sold shares worth $989.4 million to institutional investors including BlackRock (NYSE:BLK) and Fidelity on Monday, as the…

By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – The Brazilian government is preparing to roll out measures to curb mandatory spending after a second round of municipal elections at…

(Reuters) -Vanda Pharmaceuticals on Monday rejected UK-based Cycle Pharmaceuticals’ second takeover proposal, which values the drugmaker at $8 per share despite a drop in Vanda (NASDAQ:VNDA)’s stock following the FDA’s…

ISTANBUL (Reuters) – Turkey’s economy will grow 3% this year and next, lower than the government’s recently updated forecasts, a Reuters poll of economists showed on Monday, pointing to a…

BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Monday that the government might need to revise its economic growth forecast for this year again after bumping it up…

(This Oct. 10 story has been corrected to remove Saudi Arabia as a member of BRICS, in paragraph 2. Saudi Arabia has been invited to join, but is not currently…

By Michael S. Derby (Reuters) – U.S. Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday more rate cuts likely lie ahead for the central bank as the…

SYDNEY (Reuters) – Nearly a million Australian households are struggling to secure enough food, with parents skipping meals or going entire days without food to shield children from hunger, a…

LONDON (Reuters) -Britain has imposed sanctions against Iranian individuals and organisations after Iran’s attack on Israel on Oct. 1, Britain’s Foreign Office said on Monday. The sanctions target senior figures…