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Euro zone economy bottoming out, but outlook weak, ECB policymakers say

Euro zone economy bottoming out, but outlook weak, ECB policymakers say

FRANKFURT (Reuters) -The euro zone may have been in recession last quarter and prospects in the near term remain weak, European Centr..

Dollar gains on yen, Bitcoin slides after SEC hack

Dollar gains on yen, Bitcoin slides after SEC hack

NEW YORK (Reuters) – The dollar gained on the yen but edged lower against the euro on Wednesday as investors waited on U.S. in..

Factbox-How companies are responding to attacks on ships in the Red Sea

Factbox-How companies are responding to attacks on ships in the Red Sea

(Reuters) -Attacks on vessels by Iranian-backed Houthi militants in Yemen have disrupted international commerce on the shortest shippi..

Yields rise, stocks dip as rate cut path remains in focus

Yields rise, stocks dip as rate cut path remains in focus

SYDNEY/LONDON (Reuters) -Government bond yields rose and shares dipped a touch on Tuesday, as markets reduced their bets on central ba..

Factbox-How companies are responding to attacks on ships in the Red Sea

Factbox-How companies are responding to attacks on ships in the Red Sea

(Reuters) -Attacks on vessels by Iranian-backed Houthi militants in Yemen have disrupted international commerce on the shortest shipp..

German industrial output drops unexpectedly in November

German industrial output drops unexpectedly in November

(Reuters) -German industrial production unexpectedly fell in November, the federal statistics office said on Tuesday, marking the sixt..

World Bank forecasts 2024 global growth to slow for third consecutive year

World Bank forecasts 2024 global growth to slow for third consecutive year

By David Lawder WASHINGTON (Reuters) – The World Bank warned on Tuesday that global growth in 2024 is set to slow for a third..

Factbox-What airlines, regulators are doing about Boeing 737 MAX 9 jets

Factbox-What airlines, regulators are doing about Boeing 737 MAX 9 jets

LONDON (Reuters) – The latest setback for Boeing’s top-selling 737 MAX aircraft occurred on Friday when a panel blew off a..

Hungary takes aim at ‘shrinkflation’ with mandatory price warnings

Hungary takes aim at ‘shrinkflation’ with mandatory price warnings

BUDAPEST (Reuters) – Hungary’s government will require large food retailers from March to display price warnings on produ..

Wall Street futures flat, global stocks stumble, oil slides as inflation, earnings loom large

Wall Street futures flat, global stocks stumble, oil slides as inflation, earnings loom large

LONDON (Reuters) – Wall Street futures were flat while global shares remained red on Monday and investors, wary of central bank ..

Factbox-German cabinet approves savings plans for 2024 budget

Factbox-German cabinet approves savings plans for 2024 budget

Factbox-German cabinet approves savings plans for 2024 budget BERLIN (Reuters) – The German government approved further savings ..

Poland orders to halt logging in 10 oldest forest areas

Poland orders to halt logging in 10 oldest forest areas

WARSAW (Reuters) – The Polish government ordered a state-run company that manages more than 7 million hectares of the country..

No money? Next UK government’s budget is hostage to economy

No money? Next UK government’s budget is hostage to economy

By William Schomberg LONDON (Reuters) – Britain’s next government will have little room to cut taxes or increase spending..

Dollar edges lower, traders focus on data for Fed clues

Dollar edges lower, traders focus on data for Fed clues

NEW YORK (Reuters) – The dollar dipped against the euro and yen on Monday as investors continued to digest last week’s m..

Stocks, bond prices ease in see-saw session as investors mull ‘soft landing’

Stocks, bond prices ease in see-saw session as investors mull ‘soft landing’

By Herbert Lash and Naomi Rovnick NEW YORK/LONDON (Reuters) -Bond prices and a gauge of global equity performance eased in choppy tra..

Euro zone inflation jump cools case for ECB rate cuts

Euro zone inflation jump cools case for ECB rate cuts

FRANKFURT (Reuters) -Euro zone inflation jumped as expected last month, supporting the European Central Bank’s case to keep interest..

Shipping stocks rise, biggest gainers in Europe at start of 2024

Shipping stocks rise, biggest gainers in Europe at start of 2024

LONDON (Reuters) – Shipping companies have been the best performing stocks in Europe since the start of 2024, and were set for t..

Spanish regions reintroduce mask wearing in medical centres amid flu spike

Spanish regions reintroduce mask wearing in medical centres amid flu spike

MADRID (Reuters) – Five Spanish regions have announced the reintroduction of rules making the use of face masks compulsory in h..

Walgreens slashes dividend even as Q1 profit beats estimates

Walgreens slashes dividend even as Q1 profit beats estimates

(Reuters) -U.S. pharmacy chain Walgreens Boots Alliance on Thursday nearly halved its dividend to save more money, even as the compan..

German travel industry expects higher revenues, fewer travellers in 2024

German travel industry expects higher revenues, fewer travellers in 2024

(Reuters) – Sustained demand will boost revenues for the German travel industry this year, but the number of travellers is like..

German inflation rises in December due to base effects

German inflation rises in December due to base effects

By Maria Martinez BERLIN (Reuters) -German inflation rose in December due to base effects, putting a temporary halt on the downward t..

Italy to put Africa development, AI at heart of its G7 presidency

Italy to put Africa development, AI at heart of its G7 presidency

By Giselda Vagnoni ROME (Reuters) – Supporting African development and tackling the dangers posed by artificial intelligence (A..

Euro zone business activity shrank again in Dec, pointing to recession -PMI

Euro zone business activity shrank again in Dec, pointing to recession -PMI

By Indradip Ghosh BENGALURU (Reuters) – The contraction in euro zone business activity continued at the end of 2023 due to a pe..

French inflation rises 4.1% in December, as expected

French inflation rises 4.1% in December, as expected

PARIS (Reuters) -French consumer prices rose in December in line with expectations, preliminary data from the national statistics b..

Generative AI’s wild 2023

Generative AI’s wild 2023

By Kenneth Li (Reuters) – ChatGPT was well on its way to becoming a household name even before 2023 kicked off. Just weeks af..

Tesla delivers record Q4 cars, but China’s BYD steals top EV spot

Tesla delivers record Q4 cars, but China’s BYD steals top EV spot

(Reuters) -Tesla delivered a record number of electric vehicles in the fourth quarter, beating market estimates and meeting its 2023 t..

Renewable energy’s share on German power grids reaches 55% in 2023

Renewable energy’s share on German power grids reaches 55% in 2023

FRANKFURT (Reuters) -The share of renewables on Germany’s power grids rose by 6.6 percentage points to 55% of the total last ye..

Oil prices gain 3% on supply concerns after oilfield shutdown in Libya

Oil prices gain 3% on supply concerns after oilfield shutdown in Libya

By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 3% on Wednesday after a disruption at Libya’s top oilfield added..

Oil prices settle down 3% as Red Sea shipping disruptions ease

Oil prices settle down 3% as Red Sea shipping disruptions ease

BENGALURU (Reuters) -Oil prices fell 3% on Thursday as more shipping companies said they were ready to transit the Red Sea route, easi..

Red Sea shipping workarounds add costs, delays for suppliers, retailers

Red Sea shipping workarounds add costs, delays for suppliers, retailers

LOS ANGELES (Reuters) -Toymaker Basic Fun’s team that oversees ocean shipments of Tonka trucks and Care Bears for Walmart and ot..

Dollar hits 5-mth low against euro as Fed seen closer to rate cuts

Dollar hits 5-mth low against euro as Fed seen closer to rate cuts

Dollar hits 5-mth low against euro as Fed seen closer to rate cuts By Karen Brettell NEW YORK (Reuters) -The dollar slipped to a five-..

Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit

Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit

(Reuters) – Canada on Thursday approved Royal Bank of Canada’s C$13.5 billion dollars ($10.2 billion) acquisition of HSBC&..

Analysis-Italy’s bonds set for plain sailing until possible summer storms

Analysis-Italy’s bonds set for plain sailing until possible summer storms

By Sara Rossi MILAN (Reuters) – The first half of next year will offer favourable conditions for Italian government bonds after..

EU to extend emergency gas price cap for another year

EU to extend emergency gas price cap for another year

By Kate Abnett BRUSSELS (Reuters) – The European Union is set to extend its emergency cap on gas prices for another 12 months..

Steady hearts, steady hands as Vatican experts restore masterpieces

Steady hearts, steady hands as Vatican experts restore masterpieces

Steady hearts, steady hands as Vatican experts restore masterpieces By Philip Pullella VATICAN CITY (Reuters) – Whenever Alessan..

Bank of Spain trims growth outlook for 2024, 2025

Bank of Spain trims growth outlook for 2024, 2025

By Jesús Aguado MADRID (Reuters) -The Bank of Spain on Tuesday lowered the country’s economic growth outlook for 2024 and 202..

Dollar jumps vs yen as BOJ sticks with ultra-loose policy

Dollar jumps vs yen as BOJ sticks with ultra-loose policy

By Rae Wee and Alun John NEW YORK (Reuters) -The U.S. dollar jumped against the yen on Tuesday after the Bank of Japan gave no sign t..