EU auditors warn about worsening competition in public procurement
By Gabriela Baczynska BRUSSELS (Reuters) – Competition in public procurement across the 27 European Union countries worsened ..
News
All Posts
Sweden’s Riksbank says policy must remain tight, can’t rule out hike – minutes
STOCKHOLM (Reuters) – Swedish monetary policy needs to remain tight for some time and the policy rate may need to be raised fur..
Finance
Oil down as uncertainty over OPEC+ supply cuts, demand growth weigh
NEW DELHI (Reuters) – Oil futures reversed course after rising briefly on Monday amid persistent pressure from the OPEC+ decisio..
Finance
AI defined 2023. Bullets and ballots will shape 2024
(Reuters) – How to sum up the most important news of the year past? The obvious answer in 2023 is to use Artificial Intelligence..
Technology
By Julia Payne BRUSSELS (Reuters) – Electric vehicle drivers hoping to top up their batteries at one of Repsol’s 1,600 Sp..
Industries
Market pushback on central banks’ rates view just got louder
LONDON (Reuters) -A big disconnect between financial markets and central banks has just got deeper, with traders ramping up their bets..
Featured
Markets pin hopes on soft landing, with one eye on recession risk
By Yoruk Bahceli, Dhara Ranasinghe and Naomi Rovnick (Reuters) – A stellar rally in equities and bonds suggests market confiden..
Finance
Analysis-Job cuts, lean bonuses loom over Europe’s bankers in 2024
By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) – A mix of global economic unease and geopolitical uncertain..
Business
Marketmind: Markets wary Powell may undermine rate-cut bets
A look at the day ahead in European and global markets from Ankur Banerjee With a blockbuster November in the rear view mirror, inves..
News
After Musk tirade, X faces prospect of more advertisers fleeing
(Reuters) -Social media company X faces the prospect of more advertisers fleeing and has no clear fix in sight, ad industry experts sa..
News
Henry Kissinger, American diplomat and Nobel winner, dead at 100
WASHINGTON (Reuters) -Henry Kissinger, a diplomatic powerhouse whose roles as a national security adviser and secretary of state under..
Featured
UBS sees shift in new billionaires away from entrepreneurs to inherited wealth
ZURICH (Reuters) – Billionaires increased in numbers and overall wealth last year, Swiss bank UBS said on Thursday, with the fo..
Finance
Public investors with $4.3 trln are down on China but in on net zero
By Libby George and Bansari Mayur Kamdar LONDON (Reuters) – Public pension and sovereign wealth funds managing $4.3 trillion in..
Finance
Exclusive-Four banks quit initiative assessing climate targets-sources
LONDON (Reuters) -Four major banks, including Standard Chartered Plc and HSBC Plc, have quit a United Nations-backed initiative to scr..
Finance
Swedish property problems could accelerate price drops in Denmark, central bank says
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Denmark’s central bank said on Tuesday that the risk of further price d..
News
Britain to promote share ownership in bid to encourage London IPOs
LONDON (Reuters) – Britain plans further measures to encourage people to buy shares in an effort to boost economic growth and he..
Business
UK’s FTSE 100 dips on miners, energy drag
By Shashwat Chauhan (Reuters) -UK’s FTSE 100 slipped on Monday, as losses in heavyweight energy and mining stocks chipped away ..
Finance
Baer says exposure to single group tops 600 million francs, as Signa crisis deepens
ZURICH (Reuters) -Julius Baer, which has been expected to write down some loans to troubled property group Signa, said on Monday it h..
Business
Marketmind: Markets turn risk-averse after bumper month
A look at the day ahead in European and global markets from Wayne Cole. Asia started Monday in hesitant fashion and has turned steadil..
News
BoE’s Bailey says getting inflation to 2% will be ‘hard work’
LONDON (Reuters) -Bank of England Governor Andrew Bailey said getting inflation down to the central bank’s 2% target will be ..
Finance
Stocks snooze in Thanksgiving lull, still on course for best month in three years
LONDON/SYDNEY (Reuters) -Global shares drifted on Friday in the absence of guidance from Wall Street, which was closed for the Thanksg..
Finance
Dollar eases in thin Black Friday trading on bets rates have peaked
LONDON/SINGAPORE (Reuters) – The dollar slipped on Friday as investors bet U.S. interest rates have peaked, while the yen edged ..
Finance
China offers visa-free entry for citizens of France, Germany, Italy
BEIJING (Reuters) -China will temporarily exempt citizens of France, Germany, Italy, the Netherlands, Spain and Malaysia from needing ..
Featured
Global equity funds attract inflows on hopes for end to Fed rate rises
(Reuters) – Global equity funds attracted robust inflows in the seven days leading to Nov. 22, spurred by growing expectations t..
Finance
Web3 Builders Look to Alternate Growth Model with BNB Chain as Bear Market Funding Drops by 84%
BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, is highlighting the..
Technology
Factbox-UK’s Hunt sets out plans to boost economic growth
LONDON (Reuters) – British finance minister Jeremy Hunt announced on Wednesday cuts to personal taxation and efforts to boost bu..
News
BNB Chain Sees 1-year Transaction High; Demonstrates Network Reliability After BSC Surge
November 19 saw BSC record more than 9.5M transactions in a single day Earlier in the week, BSC demonstrated gas price stability duri..
Finance
Maersk enters deal for half a million tonnes of green methanol annually
By Johannes Birkebaek COPENHAGEN (Reuters) -Maersk on Wednesday announced it had entered into the shipping industry’s first lar..
News
US stocks edge higher ahead of holiday, crude tumbles
By Stephen Culp NEW YORK (Reuters) -U.S. stocks resumed their uphill climb led by interest rate sensitive megacaps on Wednesday, whil..
News
Nvidia shares drop as China worries overshadow stellar forecast
By Arsheeya Bajwa and Chavi Mehta (Reuters) – Nvidia shares fell nearly 4% on Wednesday on fears that widening U.S. chip curbs ..
News
Dollar strengthens after U.S. labor, consumer sentiment data
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index rose on Wednesday, bouncing back from a 2-1/2 month low after econom..
News
Temu, Shein far lag Amazon as online holiday shopping ramps up
By Arriana McLymore NEW YORK (Reuters) – Upstart online retailers Temu.com and Shein are drawing millions of window-shoppers to..
News
FTSE 100 snaps two-day losing streak on Sage results
(Reuters) -The UK’s FTSE 100 rose on Wednesday, as higher prices of gold spurred an uptick in precious metal miners, while Sage ..
Finance
Sam Altman’s return to OpenAI: tracking the Silicon Valley upheaval
(Reuters) -OpenAI said late on Tuesday Sam Altman would return to the company as CEO, capping days of high drama and marathon discuss..
Technology
Euro zone’s shadow banks face risk of margin calls, ECB says
FRANKFURT (Reuters) – Euro zone shadow banks face the risk of receiving large margin calls or client redemptions they cannot me..
Finance
DIY retailer Kingfisher cuts profit outlook again on weak French market
By James Davey LONDON (Reuters) -European home improvement retailer Kingfisher on Wednesday downgraded its full-year profit outlook f..
News
Enel to invest 36 billion euros by 2026, be more selective on renewables
By Francesca Landini MILAN (Reuters) -Italy’s Enel plans 35.8 billion euros ($39 billion) gross capital expenditure in the next..
Business