News

Oil up on lower U.S. crude stocks and dollar, OPEC+ and China concerns limit gains

Oil up on lower U.S. crude stocks and dollar, OPEC+ and China concerns limit gains

By Laila Kearney and Trixie Sher Li Yap (Reuters) – Oil prices posted gains of more than 1% in Asian trade on Wednesday on falli..

Croatia, heading to enter euro zone, adopts first budget in euros

Croatia, heading to enter euro zone, adopts first budget in euros

SARAJEVO (Reuters) – Croatia, which will enter the euro zone on Jan. 1, passed its first budget in euros on Tuesday, targeting a..

Dollar near one-week high as traders prepare for Powell, payrolls tests

Dollar near one-week high as traders prepare for Powell, payrolls tests

By Kevin Buckland TOKYO (Reuters) – The U.S. dollar stuck close to a one-week high on Wednesday, holding on to gains from a thre..

Exclusive-Kazakh McDonald’s shut outlets temporarily after halting supplies from Russia – sources

Exclusive-Kazakh McDonald’s shut outlets temporarily after halting supplies from Russia – sources

By Mariya Gordeyeva ALMATY (Reuters) – McDonald’s licensee in Kazakhstan was forced to temporarily close its restaurants t..

BlockFi tells U.S. bankruptcy court it is ‘the antithesis of FTX’

BlockFi tells U.S. bankruptcy court it is ‘the antithesis of FTX’

By Dietrich Knauth (Reuters) -BlockFi, the first direct casualty of crypto exchange FTX’s collapse, told a U.S. bankruptcy judge..

Analysis-RBC tightens grip at home with $10 billion HSBC Canada bid, regulatory risks loom

Analysis-RBC tightens grip at home with $10 billion HSBC Canada bid, regulatory risks loom

By Divya Rajagopal and Saeed Azhar TORONTO/NEW YORK (Reuters) – Royal Bank of Canada’s swift move to buy HSBC’s Cana..

German inflation eased in November but too soon for ‘all-clear’

German inflation eased in November but too soon for ‘all-clear’

By Miranda Murray and Balazs Koranyi BERLIN (Reuters) – Germany’s inflation cooled slightly in November, but remained near..

UK royals in U.S. spotlight as William and Kate visit

UK royals in U.S. spotlight as William and Kate visit

By Michael Holden and Sarah Mills LONDON (Reuters) – Prince William and his wife Kate fly out to the United States on Wednesday ..

London’s West End regains pre-pandemic buzz, boosting sales

London’s West End regains pre-pandemic buzz, boosting sales

By Aby Jose Koilparambil and Suban Abdulla (Reuters) -London’s West End has seen retail, hospitality and leisure venue sales ret..

UK mortgage approvals hit lowest since June 2020

UK mortgage approvals hit lowest since June 2020

By Andy Bruce LONDON (Reuters) -The number of mortgages approved by lenders in Britain fell in October to its lowest since June 2020, ..

Greek residential property price recovery picks up in third quarter

Greek residential property price recovery picks up in third quarter

By George Georgiopoulos ATHENS (Reuters) – A recovery in Greece’s residential real estate market picked up pace in the thi..

Hyundai Motor, SK On sign EV battery supply pact for N. America

Hyundai Motor, SK On sign EV battery supply pact for N. America

By Heekyong Yang and Joyce Lee SEOUL (Reuters) – South Korea’s Hyundai Motor Group has signed an agreement to source elect..

Swiss GDP growth lags expectations in Q3

Swiss GDP growth lags expectations in Q3

ZURICH (Reuters) – The Swiss economy grew a real 0.2% in the third quarter versus the second three months of 2022 and 0.5% year-..

Nestle nudges 2022 sales outlook higher again

Nestle nudges 2022 sales outlook higher again

ZURICH (Reuters) -Nestle has nudged its 2022 sales outlook higher again, the world’s largest packaged food company said ahead of..

Europe on course to end winter with plenty of gas: Kemp

Europe on course to end winter with plenty of gas: Kemp

By John Kemp LONDON (Reuters) -Europe’s gas inventories are on course to end the winter of 2022/23 at one of the highest levels ..

UK royals in U.S. spotlight as William and Kate visit

UK royals in U.S. spotlight as William and Kate visit

By Michael Holden and Sarah Mills LONDON (Reuters) – Prince William and his wife Kate fly out to the United States on Wednesday ..

Ford recalls 634,000 vehicles worldwide over fire risks

Ford recalls 634,000 vehicles worldwide over fire risks

By David Shepardson (Reuters) -Ford Motor Co is recalling 634,000 sport utility vehicles (SUVs) worldwide over fire risks from possibl..

Italy seeks fresh options for TIM as bid for network seen fading

Italy seeks fresh options for TIM as bid for network seen fading

By Elvira Pollina and Giuseppe Fonte MILAN/ROME (Reuters) -Italy’s new government will likely need to seek fresh options for ail..

Greece PM senses “momentum” in “Elgin Marbles” talks with Britain

Greece PM senses “momentum” in “Elgin Marbles” talks with Britain

LONDON (Reuters) – Greece’s Prime Minister Kyriakos Mitsotakis said on Monday there was “progress” and a sense..

European retailers downbeat despite Black Friday boost

European retailers downbeat despite Black Friday boost

By Maria Sheahan, Toby Sterling and Alvise Armellini BERLIN/AMSTERDAM/MILAN (Reuters) -Europeans snapped up smartphones, Christmas dec..

EU sets out plans to shift derivatives clearing from London to Frankfurt

EU sets out plans to shift derivatives clearing from London to Frankfurt

By Huw Jones LONDON (Reuters) -Banks and other market participants in the European Union will have to prove to regulators that they ar..

EU demands quick fix from U.S. of green subsidy law

EU demands quick fix from U.S. of green subsidy law

By Philip Blenkinsop BRUSSELS (Reuters) – European Union ministers warned on Friday that time was running out to resolve differe..

Cost-of-living crisis casts shadow over Europe’s Black Friday

Cost-of-living crisis casts shadow over Europe’s Black Friday

By James Davey LONDON (Reuters) – Europe’s retailers are hoping Black Friday discount day will get shoppers spending, thou..

IKEA stores owner Ingka’s annual operating profit rises 9%

IKEA stores owner Ingka’s annual operating profit rises 9%

By Anna Ringstrom STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores, reported on Friday a 9% rise in annual opera..

Soccer-Manchester United fans want more say under any new owners

Soccer-Manchester United fans want more say under any new owners

By Alan Baldwin (Reuters) -Manchester United needs new owners and fresh investment to halt years of decline and fans should be given a..

German regulator stays vigilant as Meta changes VR headset rules

German regulator stays vigilant as Meta changes VR headset rules

BERLIN (Reuters) – Facebook’s parent company Meta Platforms has responded to the German cartel office’s concerns by ..

Telecoms group Orange signs sustainability-linked refinancing of 6 billion euros syndicated credit facility

Telecoms group Orange signs sustainability-linked refinancing of 6 billion euros syndicated credit facility

PARIS (Reuters) – Orange, France’s biggest telecoms group, said on Wednesday it had signed an agreement for a sustainabili..

Factbox-U.S. offers new details on plan to cap Russian oil prices

Factbox-U.S. offers new details on plan to cap Russian oil prices

(Reuters) -New guidance issued by the U.S. Treasury adds more detail to a complex plan by the European Union, G7 nations and Australia..

New space observatory helps solve mystery involving enormous black holes

New space observatory helps solve mystery involving enormous black holes

By Will Dunham WASHINGTON (Reuters) – Most galaxies are built around humongous black holes. While many of these are comparativel..

Hybrid learning can be just as effective as the traditional classroom

Hybrid learning can be just as effective as the traditional classroom

  Sof Socratous, Head of Northwest Europe, Poly Hybrid Work Solutions at HP Prior to the pandemic, hybrid learning was almost unh..

Zoom shares down 90% from peak as pandemic boom fades

Zoom shares down 90% from peak as pandemic boom fades

By Aditya Soni and Chavi Mehta (Reuters) – Shares of Zoom Video Communications Inc have tumbled about 90% from their pandemic pe..

End of cheap money for U.S. farmers plows trouble into food production

End of cheap money for U.S. farmers plows trouble into food production

By P.J. Huffstutter and Bianca Flowers CHICAGO (Reuters) – Montana farmer Sarah Degn had big plans to invest the healthy profits..

King Charles hosts first state visit for S.Africa’s Ramaphosa

King Charles hosts first state visit for S.Africa’s Ramaphosa

LONDON (Reuters) – King Charles will host his first state visit since his accession to the British throne when he welcomes South..

Shell to ‘evaluate’ 25 billion pound British investments after windfall tax

Shell to ‘evaluate’ 25 billion pound British investments after windfall tax

By Ron Bousso LONDON (Reuters) -Shell said on Monday it will evaluate plans to spend up to 25 billion pounds in Britain over the next ..

France demands Twitter ensure it can preserve ‘safe environment’

France demands Twitter ensure it can preserve ‘safe environment’

PARIS (Reuters) – French regulator Arcom said on Monday it had sent a letter to Twitter asking it to ensure by Nov. 24 that it c..

Exclusive-QatarEnergy boss says World Cup tension will not impact German business

Exclusive-QatarEnergy boss says World Cup tension will not impact German business

By Andrew Mills and Maha El Dahan DOHA (Reuters) – QatarEnergy chief Saad al-Kaabi said on Monday that business with German firm..

COP27 for the Private Sector: Business Executives and UN Speakers work together towards a positive future at the Vision 2045 Summit

COP27 for the Private Sector: Business Executives and UN Speakers work together towards a positive future at the Vision 2045 Summit

  A gathering for innovative businesses from various industries – VISION 2045 Summit – presented by acclaimed product..