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Dollar steady at 5-week peak as Fed rate cut bets tempered

Dollar steady at 5-week peak as Fed rate cut bets tempered

By Samuel Indyk and Kevin Buckland LONDON (Reuters) -The dollar hovered near a five-week peak against major peers on Thursday after r..

EU agrees on stricter rules to combat moneylaundering and capture cryptoassets

EU agrees on stricter rules to combat moneylaundering and capture cryptoassets

By Huw Jones LONDON (Reuters) – The European Union reached a provisional deal on Thursday to improve how national authorities w..

AI buzzes Davos, but CEOs wrestle with how to make it pay

AI buzzes Davos, but CEOs wrestle with how to make it pay

By Jeffrey Dastin DAVOS, Switzerland (Reuters) – Bright banners tout the promise of artificial intelligence along the main prom..

Factbox-Who is Kate, Britain’s Princess of Wales?

Factbox-Who is Kate, Britain’s Princess of Wales?

LONDON (Reuters) – Kate, the Princess of Wales and wife of Britain’s heir to the throne Prince William, is recovering in ..

Explainer-What is the outlook for UK inflation in 2024?

Explainer-What is the outlook for UK inflation in 2024?

By David Milliken LONDON (Reuters) – British inflation edged up in December to 4.0% from November’s 3.9%, according to fi..

Volvo Cars sees ‘tremendous growth’ in EVs, CEO says

Volvo Cars sees ‘tremendous growth’ in EVs, CEO says

DAVOS, Switzerland (Reuters) -Volvo Cars remains confident of “tremendous growth” in the electric vehicles market, CEO Jim..

Lindt’s pralines sweeten 2023 sales despite cocoa costs

Lindt’s pralines sweeten 2023 sales despite cocoa costs

By Paolo Laudani and Marleen Kaesebier (Reuters) -Swiss chocolate maker Lindt & Spruengli reported a 10.3% rise in 2023 organic s..

Wall St dips, dollar, US yields rise on rate outlook jitters

Wall St dips, dollar, US yields rise on rate outlook jitters

NEW YORK (Reuters) – U.S. stocks edged lower while the dollar gathered strength as the World Economic Forum in Davos entered its..

Tech layoffs continue after ‘Year of Efficiency’

Tech layoffs continue after ‘Year of Efficiency’

By Aditya Soni and Chavi Mehta (Reuters) – Big Tech’s “Year of Efficiency” may be over but recent layoffs at ..

Poland plans to set end date for coal power

Poland plans to set end date for coal power

By Kate Abnett BRUSSELS (Reuters) – Poland plans to set an end date for coal-fuelled power, the country’s Secretary of St..

As Davos crowd gathers, governments urged to rein in ‘billionaire class’

As Davos crowd gathers, governments urged to rein in ‘billionaire class’

(Reuters) – The combined fortunes of the world’s five richest men have more than doubled to $869 billion since 2020 while ..

Iceland volcano recedes after ‘black day’ of town fires

Iceland volcano recedes after ‘black day’ of town fires

REYKJAVIK (Reuters) – A volcano that erupted in southwest Iceland for the second time in less than a month appeared to be signif..

Red Sea trade disruption hits energy sector after strikes on Houthis

Red Sea trade disruption hits energy sector after strikes on Houthis

By Andrew Mills and Robert Harvey DOHA/LONDON (Reuters) -Qatar suspended liquefied natural gas (LNG) shipments via the Red Sea and si..

Dollar little changed on MLK Day, sterling slides in risk-off trading

Dollar little changed on MLK Day, sterling slides in risk-off trading

LONDON (Reuters) -The dollar was little changed on Monday in cautious during a U.S. public holiday, while risk-sensitive sterling sl..

There’s no more money, German minister tells rowdy farmers

There’s no more money, German minister tells rowdy farmers

By Thomas Escritt BERLIN (Reuters) – Germany’s Finance Minister Christian Lindner took to thestage on Monday in front of ..

German economy dodges recession despite shrinking 0.3% in 2023

German economy dodges recession despite shrinking 0.3% in 2023

By Maria Martinez BERLIN (Reuters) -The German economy contracted in 2023, due to persistent inflation, high energy prices and weak f..

Microsoft topples Apple to become global market cap leader

Microsoft topples Apple to become global market cap leader

(Reuters) – Microsoft has eclipsed Apple to become the world’s largest company by market capitalization, driven by its dee..

US bank profits fall in choppy quarter marked by special charges, falling lending margins

US bank profits fall in choppy quarter marked by special charges, falling lending margins

WASHINGTON (Reuters) -Major U.S. bank profits fell on Friday in a choppy fourth quarter complicated by special charges and job cuts, w..

Exclusive-EU investigators to inspect China’s BYD, Geely and SAIC in EV probe – source

Exclusive-EU investigators to inspect China’s BYD, Geely and SAIC in EV probe – source

SHANGHAI/BRUSSELS (Reuters) -European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a prob..

US scientists say one-in-three chance 2024 another year of record heat

US scientists say one-in-three chance 2024 another year of record heat

By Gloria Dickie TORONTO (Reuters) – This year has a one-in-three chance of being even hotter than 2023, which was already th..

Oil rises 2% as some tankers avoid Red Sea after strikes

Oil rises 2% as some tankers avoid Red Sea after strikes

By Arathy Somasekhar HOUSTON (Reuters) -Oil climbed more than 2% on Friday, as some oil tankers diverted course from the Red Sea foll..

JPMorgan’s annual profit surges to record even as Q4 net income dips

JPMorgan’s annual profit surges to record even as Q4 net income dips

By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase reported its best-ever annual profit and forecast higher-than-expected i..

UK could beat US and euro zone to sub-2% inflation – Capital

UK could beat US and euro zone to sub-2% inflation – Capital

LONDON (Reuters) – Britain, which has had the strongest inflation among the world’s big rich economies for much of the pas..

Oil gains after US, UK strike on Houthis; U.S. yields ease after PPI

Oil gains after US, UK strike on Houthis; U.S. yields ease after PPI

By Caroline Valetkevitch NEW YORK (Reuters) -Oil prices jumped more than 2% as some oil tankers diverted course from the Red Sea afte..

US FAA to boost oversight of Boeing, sees more manufacturing issues

US FAA to boost oversight of Boeing, sees more manufacturing issues

WASHINGTON (Reuters) -The U.S. Federal Aviation Administration said on Friday it will intensify oversight of Boeing after a panel brok..

Dollar dips after soft US inflation data, Aussie, New Zealand dollars outperform

Dollar dips after soft US inflation data, Aussie, New Zealand dollars outperform

By Karen Brettell NEW YORK (Reuters) – The dollar index gave up earlier gains and higher beta currencies, including the New Z..

St Peter’s centrepiece to get makeover in time for 2025 Holy Year

St Peter’s centrepiece to get makeover in time for 2025 Holy Year

VATICAN CITY (Reuters) – A giant bronze canopy at the centre of St Peter’s Basilica will get its first major makeover in ..

Tesco raises profit outlook again after strong Christmas sales

Tesco raises profit outlook again after strong Christmas sales

By James Davey LONDON (Reuters) -Tesco, Britain’s biggest retailer, upgraded its profit outlook for the second time in four mon..

EU lawmakers consider stronger plastic pollution law after spill hits Spain

EU lawmakers consider stronger plastic pollution law after spill hits Spain

By Kate Abnett BRUSSELS (Reuters) – Some European Union lawmakers are pushing to strengthen a planned law on microplastics poll..

UK to make Big Tech give rivals access to data under new plans

UK to make Big Tech give rivals access to data under new plans

LONDON (Reuters) – Britain’s competition regulator plans to make big tech companies give their rivals greater access to d..

UK sees 39% jump in households failing to pay energy bills

UK sees 39% jump in households failing to pay energy bills

By David Milliken LONDON (Reuters) – The number of British households who failed to pay their energy bills last month was 39% h..

M&S claims Christmas crown as food and clothing sales beat forecasts

M&S claims Christmas crown as food and clothing sales beat forecasts

By Paul Sandle LONDON (Reuters) -British retailer Marks & Spencer on Thursday reported a better-than-expected 8.1% rise in sales ..

Festive Bakes and lattes deliver Christmas cheer for UK’s Greggs

Festive Bakes and lattes deliver Christmas cheer for UK’s Greggs

By Paul Sandle LONDON (Reuters) – Britain’s Greggs said strong demand for its Festive Bakes, Christmas lunch baguettes an..

Danone must face Evian water ‘carbon neutral’ lawsuit

Danone must face Evian water ‘carbon neutral’ lawsuit

(Reuters) – A judge in New York ruled on Wednesday that Danone must face a lawsuit challenging its “carbon neutral” ..

Japan stocks hit 34-year high, markets calm before US inflation data

Japan stocks hit 34-year high, markets calm before US inflation data

By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) -Japanese stocks hit a 34-year high on Wednesday while global equitie..

Share of Russian aluminium in LME warehouses rises to 90% after UK curbs

Share of Russian aluminium in LME warehouses rises to 90% after UK curbs

By Polina Devitt LONDON (Reuters) -The share of available aluminium stocks of Russian origin in London Metal Exchange-approved (LME) ..

Explainer-A year of political challenges for Germany

Explainer-A year of political challenges for Germany

By Sarah Marsh BERLIN (Reuters) – German politics has had an unruly start to the year, with farmer protests rattling the govern..