FDA advisers back the same COVID vaccine for initial shots, boosters
By Michael Erman and Leroy Leo (Reuters) -Advisers to the U.S. Food and Drug Administration on Thursday unanimously voted in favor of ..
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Stocks, dollar gain on soft landing hopes
By Herbert Lash NEW YORK (Reuters) -Global stock markets rallied and the dollar strengthened on Thursday after a slew of data showed a..
Headlines
Stocks, dollar gain on resilient U.S. economy
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – A gauge of global stock performance rose and the dollar strengthened o..
Investment
Bank of England set to hike to 4% as rate peak looms
By David Milliken LONDON (Reuters) – The Bank of England looks on course to raise its main interest rate by half a percentage po..
Finance
Dollar skulks at eight-month low, central bank meetings in focus
By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) – The dollar fell to an eight-month low against its peers on Thursday, as a ..
Investment
Public Power Corp, RWE to build five solar farms in Greece
(Reuters) – Greece’s biggest power utility Public Power Corp. (PPC) and Germany’s RWE have taken a final investment ..
News
German inflation rate to ease over course of 2023 – econ minister
BERLIN (Reuters) – German inflation will remain high at the beginning of 2023 before easing over the course of the year, Economy..
Finance
Spain’s unemployment rate inches up to 12.87% in Q4 2022
(Reuters) -Spain’s unemployment rate rose to 12.87% in the fourth quarter of 2022 from 12.67% three months earlier, data from th..
Headlines
SAP to cut 3,000 jobs, explore Qualtrics stake sale
By Kirsti Knolle and Supantha Mukherjee BERLIN/STOCKHOLM (Reuters) -SAP said on Thursday it planned to cut 3,000 jobs, or 2.5% of its ..
Business
Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles
By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla Inc’s aggressive price cuts have ignited demand for its electric vehicle..
Investment
UK income inequality widens after pandemic dip
By David Milliken LONDON (Reuters) – British income inequality rose to a three-year high in the 2021/22 financial year after a d..
Finance
Global 2023 economic view downgraded, at odds with market optimism: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Global economic growth is forecast to barely clear 2% this year, according to a Reuters pol..
Finance
UK’s Wetherspoon posts 13.1% rise in sales for 25-wk period
(Reuters) – UK’s J D Wetherspoon reported a 13.1% rise in like-for-like sales for the 25 weeks to Jan. 22 on Wednesday, as..
Headlines
Asian stocks make 7-month highs, Australian dollar gains on hot inflation
By Anshuman Daga SINGAPORE (Reuters) -Asian equities scaled their highest levels in seven months on Wednesday after some regional mark..
Headlines
Global economy seen facing a challenging year -Eurochambres
BERLIN (Reuters) – The international business community expects a challenging 2023 marked by geopolitical tensions, high inflati..
Headlines
Ford to make call on Europe job cuts by mid-Feb as buyers circle German site
By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Ford will decide by mid-February how many jobs to cut in Europe a German u..
Headlines
Sweden to upgrade Berzelius supercomputer with Nvidia AI systems
STOCKHOLM (Reuters) – Sweden will upgrade its Berzelius supercomputer using Nvidia’s latest artificial intelligence (AI) s..
Headlines
Exclusive-Binance moved $346 million for seized crypto exchange Bitzlato, data show
By Tom Wilson and Angus Berwick LONDON (Reuters) -Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digit..
Headlines
Prada’s Lorenzo Bertelli sets out ‘soft transition’ to new leadership
By Elisa Anzolin VENICE, Italy (Reuters) – Italian fashion group Prada is hiring former Luxottica chief Andrea Guerra to smooth ..
Headlines
Weduc makes key strategic appointments to drive growth strategy
Rob Pointen appointed as CEO and ParentMail founder, Paul Hughes, appointed as Non-Executive Chairman to grow the next-generati..
Business
The changing media landscape: 2023 predictions
By Naomi Owusu, CEO at Tickaroo 2022 has seen a major shift in how the media is consumed, and journalists have had to a..
Opinion
Significant rise in UK SMEs borrowing money expected in 2023
88% of small and medium sized businesses plan to lean on business finance and credit in the year ahead Seizing growth opportun..
Business
Dollar stuck near nine-month low vs euro as yen bounces
By Amanda Cooper LONDON (Reuters) -The dollar hovered near a nine-month low against the euro and surrendered recent gains against the ..
Headlines
UK business activity falls at fastest rate in two years -flash PMI
By David Milliken LONDON (Reuters) – British private-sector economic activity fell at its fastest rate in two years in January, ..
News
Swatch positive on recovery in luxury demand from China
By John Revill ZURICH (Reuters) – Swatch Group shares hit their highest level in nearly two-and-a-half years on Tuesday after th..
Business
Euro zone January business activity returns to growth -PMI
LONDON (Reuters) – Euro zone business activity made a surprise return to modest growth in January, adding to signs the downturn ..
Business
UK’s FTSE 100 slips ahead of business activity data
(Reuters) – UK’s FTSE 100 slipped on Tuesday, as losses in pharmaceutical companies’ stocks weighed on the index, wh..
Investment
Pressures ease though German economy still shy of growth -flash PMI
BERLIN (Reuters) – Pressure on the German economy eased further in January as inflation slowed and businesses looked to the new ..
Finance
European shares steady ahead of PMI data
(Reuters) – European stocks edged higher on Tuesday, boosted by a fresh run of gains for technology stocks, while investors awai..
Investment
German consumer sentiment consolidates upward trajectory -GfK
BERLIN (Reuters) – German consumer sentiment is set to improve for a fourth consecutive month in February as energy prices fall,..
News
Pickup in French manufacturing offers hope as services sector still weak -flash PMI
PARIS (Reuters) – Output in the French economy fell slightly overall again in January, a purchasing managers’ survey showe..
Headlines
Primark cautious on 2023 outlook after ‘very strong’ Christmas
LONDON (Reuters) -Clothing retailer Primark reported better-than-expected trading over the Christmas quarter, parent Associated Britis..
Business
Honda to create division to speed up electrification development
TOKYO (Reuters) -Honda Motor Co said on Tuesday it would create a new division in a bid to strengthen and speed up its electrification..
Business
Energy support, debt interest help to swell UK borrowing
LONDON (Reuters) -Britain’s government borrowed more last month than in any December since monthly records began 30 years ago, r..
Finance
Seven shot dead in another mass shooting in California
By Daniel Trotta (Reuters) -Seven people were killed in a mass shooting at two locations in the coastal northern California city of Ha..
Headlines
Oil mixed as investors weigh China demand and U.S. outlook
By Mohi Narayan (Reuters) – Crude oil prices edged higher in Asian trade on Tuesday amid hopes of a fuel demand recovery from to..
News
Luxury giants bank on Chinese return as Western shoppers sober up
By Mimosa Spencer PARIS (Reuters) -The focus of the luxury industry is shifting back to China, with hopes that its high-end spenders w..
Business