All Posts

Europe experienced second-warmest winter on record

Europe experienced second-warmest winter on record

By Kate Abnett BRUSSELS (Reuters) – Europe is emerging from its second-warmest winter on record, European Union scientists said ..

GE’s investors seek solutions to renewable energy, supply chain challenges

GE’s investors seek solutions to renewable energy, supply chain challenges

By Rajesh Kumar Singh CHICAGO (Reuters) – When General Electric Co’s investors gather on Thursday, the focus will be on th..

Spotify listeners cross half a billion mark

Spotify listeners cross half a billion mark

(Reuters) -Spotify Technology SA said on Wednesday it would roll out new features like smart shuffle and previews of podcasts and musi..

PwC hit with $8.9 million penalty for ‘serious breaches’ on Babcock audits

PwC hit with $8.9 million penalty for ‘serious breaches’ on Babcock audits

By Iain Withers LONDON (Reuters) -Britain’s auditing watchdog has imposed a 7.5 million pound ($8.9 million) penalty on PwC for ..

UK to avoid recession this year but outlook still weak, BCC says

UK to avoid recession this year but outlook still weak, BCC says

By Suban Abdulla LONDON (Reuters) – The British Chambers of Commerce (BCC) forecast on Wednesday that the country’s econom..

Dutch responds to US China policy with a plan to curb semiconductor tech exports

Dutch responds to US China policy with a plan to curb semiconductor tech exports

By Toby Sterling, Karen Freifeld and Alexandra Alper AMSTERDAM/WASHINGTON (Reuters) -The Netherlands’ government on Wednesday sa..

Wall St flutters, Treasury yields ease as Powell resumes testimony

Wall St flutters, Treasury yields ease as Powell resumes testimony

By Stephen Culp NEW YORK (Reuters) – U.S. stocks struggled for direction and Treasury yields wavered on Wednesday as a barrage o..

Powell’s warning on higher U.S. rates pushes dollar to 3-mth high

Powell’s warning on higher U.S. rates pushes dollar to 3-mth high

By Tom Westbrook SINGAPORE (Reuters) – The dollar scaled multi-month highs against most other major currencies on Wednesday afte..

Ireland to vote on removing ‘outmoded’ references to women from constitution

Ireland to vote on removing ‘outmoded’ references to women from constitution

DUBLIN (Reuters) – Ireland plans to hold a referendum in November to delete references to a woman’s place being in the hom..

Britain plans new data rules to ease compliance burden

Britain plans new data rules to ease compliance burden

LONDON (Reuters) – Britain will make another attempt to reform its data protection law on Wednesday with the objective of easing..

Intel wants $5 billion more in German subsidies for chip plant – Bloomberg News

Intel wants $5 billion more in German subsidies for chip plant – Bloomberg News

(Reuters) – Intel Corp is seeking an additional 4 billion to 5 billion euros ($5.28 billion) in subsidies from the German govern..

New intelligence points to pro-Ukraine group in Nord Stream attack -NYT

New intelligence points to pro-Ukraine group in Nord Stream attack -NYT

WASHINGTON (Reuters) -New intelligence reviewed by U.S. officials suggests that a pro-Ukraine group – likely comprised of Ukrain..

CERAWEEK-Europe gas supplies to stay tight 2 more winters, Equinor CEO says

CERAWEEK-Europe gas supplies to stay tight 2 more winters, Equinor CEO says

By Ron Bousso and Simon Webb HOUSTON (Reuters) – Europe will struggle over the next two winters to replace Russian natural gas s..

Dollar jumps as Powell flags higher terminal rate

Dollar jumps as Powell flags higher terminal rate

By Karen Brettell NEW YORK (Reuters) – The dollar extended gains against a basket of currencies on Tuesday after Federal Reserve..

Wall Street drops, Treasury yields gyrate on Fed Chairman Powell’s remarks

Wall Street drops, Treasury yields gyrate on Fed Chairman Powell’s remarks

By Stephen Culp NEW YORK (Reuters) – U.S. stocks retreated and benchmark Treasury yields wavered on Tuesday as Federal Reserve C..

HelloFresh sees 2023 core profit of 460-540 million euros

HelloFresh sees 2023 core profit of 460-540 million euros

(Reuters) – German meal-kit maker HelloFresh forecast a higher 2023 core profit on Tuesday, as it focuses on strengthening its c..

Meta plans to cut thousands of jobs as soon as this week – Bloomberg News

Meta plans to cut thousands of jobs as soon as this week – Bloomberg News

(Reuters) -Meta Platforms Inc will cut thousands of jobs as soon as this week in a fresh round of layoffs, Bloomberg News reported on ..

GM’s Cruise to focus on cost cuts as it ramps up robotaxis

GM’s Cruise to focus on cost cuts as it ramps up robotaxis

By Abhirup Roy SAN FRANCISCO (Reuters) – General Motors Co’s robotaxi unit Cruise is focusing on cutting costs this year, ..

Valentine’s Day spending boosts British retail sales in February – BRC

Valentine’s Day spending boosts British retail sales in February – BRC

By Suban Abdulla LONDON (Reuters) – Valentine’s Day helped to boost British retail sales in February but volumes remained ..

Explainer-International Women’s Day: date, history and this year’s theme

Explainer-International Women’s Day: date, history and this year’s theme

By Josie Kao (Reuters) – As the world gears up to celebrate International Women’s Day (IWD) on Wednesday, here is a look a..

Shell, Chevron and Petrobras weigh Guyana oil auction bids -sources

Shell, Chevron and Petrobras weigh Guyana oil auction bids -sources

By Sabrina Valle and Marianna Parraga HOUSTON (Reuters) – Guyana’s coming auction of offshore oil exploration blocks has l..

Hermes asks court to block ‘MetaBirkin’ NFT sales after jury win

Hermes asks court to block ‘MetaBirkin’ NFT sales after jury win

By Blake Brittain (Reuters) -French luxury house Hermes International has asked a Manhattan federal court to block artist Mason Rothsc..

German minister says ‘on right track’ to solving CO2-emitting car row

German minister says ‘on right track’ to solving CO2-emitting car row

By Kate Abnett and Andreas Rinke BERLIN/BRUSSELS (Reuters) -Germany’s transport minister is hopeful of a solution to a row with ..

Oil steadies after dipping on China outlook; investors await Fed clues

Oil steadies after dipping on China outlook; investors await Fed clues

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices were steady on Monday as top oil executives debated supply tightness at an oil conf..

UK opposition calls for better online protections for children

UK opposition calls for better online protections for children

By Martin Coulter LONDON (Reuters) – Britain’s opposition Labour Party has called on the government to enact its long-dela..

Indonesia to tighten used shoe import controls after Reuters report

Indonesia to tighten used shoe import controls after Reuters report

JAKARTA (Reuters) – Indonesia will tighten customs checks at small ports to crack down on the illegal import of second-hand shoe..

India’s top explorer ONGC signs MoU with France’s TotalEnergies

India’s top explorer ONGC signs MoU with France’s TotalEnergies

NEW DELHI (Reuters) – India’s top explorer Oil and Natural Gas Corp has signed a memorandum of understanding with French m..

EDF, Edison, Ansaldo team up to develop nuclear power in Europe

EDF, Edison, Ansaldo team up to develop nuclear power in Europe

MILAN (Reuters) – French power group EDF, its Italian arm Edison, Italy’s Ansaldo Energia and its unit Ansaldo Nucleare ar..

Stock pickers reckon it’s time to move on from central banks

Stock pickers reckon it’s time to move on from central banks

By Naomi Rovnick LONDON (Reuters) – Stock market investors are calling time on the idea that the Federal Reserve, and other majo..

Telecom Italia boosted by rival offer for landline grid

Telecom Italia boosted by rival offer for landline grid

By Elvira Pollina MILAN (Reuters) -Telecom Italia (TIM) shares rose as much as 5% on Monday after Italian state investor CDP and Austr..

Spain’s inflation to be lower this year than in 2022 -minister

Spain’s inflation to be lower this year than in 2022 -minister

MADRID (Reuters) -Spanish Economy Minister Nadia Calvino said on Monday she expects inflation will be lower this year than in 2022 tho..

Tesla cuts U.S. Model S and Model X prices between 4% and 9%

Tesla cuts U.S. Model S and Model X prices between 4% and 9%

(Reuters) -Tesla Inc has cut prices on its two most expensive electric vehicles in the United States, according to the company’s..

EU, US working on deal to make EV minerals eligible for tax credits -EU official

EU, US working on deal to make EV minerals eligible for tax credits -EU official

By Andrea Shalal and David Shepardson WASHINGTON (Reuters) -The United States and European Union are working toward agreement in princ..

Wall Street stocks power higher as Treasury yields and dollar ease

Wall Street stocks power higher as Treasury yields and dollar ease

By Lawrence Delevingne and Elizabeth Howcroft (Reuters) – Wall Street stocks posted strong gains while Treasury yields and the d..

Dollar retreats, headed for biggest weekly loss since mid-January; bitcoin down

Dollar retreats, headed for biggest weekly loss since mid-January; bitcoin down

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar slid from a 2-1/2-month high versus the Japanese yen on Friday,..

Offshore crews to strike on BP’s North Sea installations, says Unite

Offshore crews to strike on BP’s North Sea installations, says Unite

(Reuters) – Nearly 50 offshore workers on several of BP’s North Sea installations have backed strike action in pursuit of a pay ..

Lufthansa expects further ‘significant improvement’ after return to profit

Lufthansa expects further ‘significant improvement’ after return to profit

By Ilona Wissenbach and Joanna Plucinska (Reuters) – Germany’s Lufthansa on Friday delivered an “unprecedented”..