News

Analysis-Schnabel reconciles ECB with markets – until next fight

Analysis-Schnabel reconciles ECB with markets – until next fight

FRANKFURT (Reuters) – The European Central Bank’s leading hawk Isabel Sc..

Dollar steady after key jobs data comes in below estimates

Dollar steady after key jobs data comes in below estimates

By Hannah Lang and Amanda Cooper WASHINGTON/LONDON (Reuters) -The U.S. dollar stood..

COP28 focus on health draws $777 million to fight tropical disease

COP28 focus on health draws $777 million to fight tropical disease

By Gloria Dickie, Elizabeth Piper and Alexander Cornwell DUBAI (Reuters) -The Unite..

Swathes of Siberia freeze in temperatures below -58 Celsius

Swathes of Siberia freeze in temperatures below -58 Celsius

YAKUTSK, Russia (Reuters) – Arctic weather enfolded swathes of Russia on Tues..

Dollar gains back ground on rate bets; bitcoin breaches $42,000

Dollar gains back ground on rate bets; bitcoin breaches $42,000

WASHINGTON/LONDON (Reuters) – The dollar ticked higher on Monday, regaining so..

Spotify to cut 1,500 jobs in third layoff round this year, shares jump

Spotify to cut 1,500 jobs in third layoff round this year, shares jump

STOCKHOLM (Reuters) – Music streaming giant Spotify said on Monday that it wil..

German budget crisis talks enter crunch week

German budget crisis talks enter crunch week

BERLIN (Reuters) – German Chancellor Olaf Scholz, Finance Minister Christian L..

EU auditors warn about worsening competition in public procurement

EU auditors warn about worsening competition in public procurement

By Gabriela Baczynska BRUSSELS (Reuters) – Competition in public procuremen..

Marketmind: Markets wary Powell may undermine rate-cut bets

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 b..

After Musk tirade, X faces prospect of more advertisers fleeing

After Musk tirade, X faces prospect of more advertisers fleeing

(Reuters) -Social media company X faces the prospect of more advertisers fleeing and..

Swedish property problems could accelerate price drops in Denmark, central bank says

Swedish property problems could accelerate price drops in Denmark, central bank says

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Denmark’s central ban..

Marketmind: Markets turn risk-averse after bumper month

Marketmind: Markets turn risk-averse after bumper month

A look at the day ahead in European and global markets from Wayne Cole. Asia started..

Factbox-UK’s Hunt sets out plans to boost economic growth

Factbox-UK’s Hunt sets out plans to boost economic growth

LONDON (Reuters) – British finance minister Jeremy Hunt announced on Wednesday..

Maersk enters deal for half a million tonnes of green methanol annually

Maersk enters deal for half a million tonnes of green methanol annually

By Johannes Birkebaek COPENHAGEN (Reuters) -Maersk on Wednesday announced it had en..

US stocks edge higher ahead of holiday, crude tumbles

US stocks edge higher ahead of holiday, crude tumbles

By Stephen Culp NEW YORK (Reuters) -U.S. stocks resumed their uphill climb led by i..

Nvidia shares drop as China worries overshadow stellar forecast

Nvidia shares drop as China worries overshadow stellar forecast

By Arsheeya Bajwa and Chavi Mehta (Reuters) – Nvidia shares fell nearly 4% on..

Dollar strengthens after U.S. labor, consumer sentiment data

Dollar strengthens after U.S. labor, consumer sentiment data

By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index rose on Wednesday,..

Temu, Shein far lag Amazon as online holiday shopping ramps up

Temu, Shein far lag Amazon as online holiday shopping ramps up

By Arriana McLymore NEW YORK (Reuters) – Upstart online retailers Temu.com an..

DIY retailer Kingfisher cuts profit outlook again on weak French market

DIY retailer Kingfisher cuts profit outlook again on weak French market

By James Davey LONDON (Reuters) -European home improvement retailer Kingfisher on W..

Explainer-Why calls for oil embargo on Israel are unlikely to go anywhere

Explainer-Why calls for oil embargo on Israel are unlikely to go anywhere

By Ahmad Ghaddar LONDON (Reuters) -Israel’s military offensive in Gaza follow..

Firmer pound weighs on FTSE 100 ahead of interim budget; Ashtead tanks

Firmer pound weighs on FTSE 100 ahead of interim budget; Ashtead tanks

(Reuters) -UK’s FTSE 100 dipped on Monday, weighed by a stronger pound and a s..

European shares inch up after robust week; Bayer tanks

European shares inch up after robust week; Bayer tanks

By Ankika Biswas and Bansari Mayur Kamdar (Reuters) -European shares edged higher o..

From Lululemon to Birkenstock, duplicate styles lure holiday shoppers

From Lululemon to Birkenstock, duplicate styles lure holiday shoppers

NEW YORK (Reuters) – Lauren Maginness is a fan of Lululemon. But the 31-year-o..

Brent, US crude futures climb over 2% as OPEC cuts expected

Brent, US crude futures climb over 2% as OPEC cuts expected

HOUSTON (Reuters) -Brent and U.S. crude futures climbed more than 2.5%, gaining $2 a..

OpenAI appoints new boss as Sam Altman joins Microsoft in Silicon Valley twist

OpenAI appoints new boss as Sam Altman joins Microsoft in Silicon Valley twist

By Jeffrey Dastin, Anna Tong and Stephanie Kelly SAN FRANCISCO (Reuters) -OpenAI na..

Factbox-German budget crisis tests limits of its ‘debt brake’

Factbox-German budget crisis tests limits of its ‘debt brake’

BERLIN (Reuters) – Germany’s constitutional court ruled last week that ..

UK says new science initiative to work on climate-resilient crops

UK says new science initiative to work on climate-resilient crops

LONDON (Reuters) – British Prime Minister Rishi Sunak will announce a new sci..

National Grid’s Massachusetts utilities submit clean energy investment plan

National Grid’s Massachusetts utilities submit clean energy investment plan

(Reuters) – Britain’s National Grid said on Friday its two utility firms..

BP seeks partnerships to navigate renewables storm

BP seeks partnerships to navigate renewables storm

By Christoph Steitz and Ron Bousso BERLIN/LONDON (Reuters) – BP is seeking pa..

Analysis-Fewer shoppers in Burberry stores complicates design overhaul

Analysis-Fewer shoppers in Burberry stores complicates design overhaul

By Mimosa Spencer PARIS (Reuters) – The slowdown in the luxury market followi..

EU reaches deal to stop sending waste to countries that can’t process it

EU reaches deal to stop sending waste to countries that can’t process it

PARIS (Reuters) – European Union lawmakers and member states have reached a de..

Risk rally sputters as bullish investors pause

Risk rally sputters as bullish investors pause

NEW YORK/LONDON (Reuters) -World stocks snapped a five-day rally on Thursday as inve..

Citi CEO Fraser touts ‘clear benefits’ of diversifying supply chains

Citi CEO Fraser touts ‘clear benefits’ of diversifying supply chains

(Reuters) – Geopolitical tensions and macroeconomic shocks are spurring busin..

Explainer-What is Black Friday? And will shoppers find bargains this year?

Explainer-What is Black Friday? And will shoppers find bargains this year?

(Reuters) – Retailers are preparing for what they hope will be yet another rec..

Oil prices hit 4-month low on concerns about U.S., Chinese economy

Oil prices hit 4-month low on concerns about U.S., Chinese economy

By Stephanie Kelly NEW YORK (Reuters) -Oil prices dropped more than 5% on Thursday ..

Exclusive-OpenAI explores how to get ChatGPT into classrooms

Exclusive-OpenAI explores how to get ChatGPT into classrooms

By Anna Tong SAN FRANCISCO (Reuters) – OpenAI, whose generative AI products..

Iraq becomes EBRD shareholder, Senegal and Ghana apply to join

Iraq becomes EBRD shareholder, Senegal and Ghana apply to join

LONDON (Reuters) -Iraq has become the 74th member of the European Bank for Reconstru..