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..
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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..
Finance
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..
Technology
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 ..
Featured
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..
Finance
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..
Companies
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..
Companies
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..
Finance
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 ..
Technology
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..
News
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 ..
News
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..
News
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..
News
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..
News
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 ..
News
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..
News
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..
Business
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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 ..
News
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..
News
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..
News
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..
News
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..
News
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 ..
News
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..
News
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” ..
News
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..
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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) ..
News
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..
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