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..
News
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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 ..
News
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 ..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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..
News
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-..
News
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&..
News
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..
News
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..
News
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..
News
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..
News
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..
News