Dollar steady at 5-week peak as Fed rate cut bets tempered
By Samuel Indyk and Kevin Buckland LONDON (Reuters) -The dollar hovered near a five-week peak against major peers on Thursday after ro..
Investment
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EU agrees on stricter rules to combat moneylaundering and capture cryptoassets
By Huw Jones LONDON (Reuters) – The European Union reached a provisional deal on Thursday to improve how national authorities wo..
Finance
AI buzzes Davos, but CEOs wrestle with how to make it pay
By Jeffrey Dastin DAVOS, Switzerland (Reuters) – Bright banners tout the promise of artificial intelligence along the main prome..
Technology
Factbox-Who is Kate, Britain’s Princess of Wales?
LONDON (Reuters) – Kate, the Princess of Wales and wife of Britain’s heir to the throne Prince William, is recovering in h..
Headlines
Explainer-What is the outlook for UK inflation in 2024?
By David Milliken LONDON (Reuters) – British inflation edged up in December to 4.0% from November’s 3.9%, according to fig..
Finance
Volvo Cars sees ‘tremendous growth’ in EVs, CEO says
By Divya Chowdhury and Savio Shetty DAVOS, Switzerland (Reuters) -Volvo Cars remains confident of “tremendous growth” in t..
Business
Is teaching sales in schools the key to unlocking economic success?
Paul Owen, MD of True Sales, was 32 years old before he got his first sales job. That job changed his life – he went from..
Business
Lindt’s pralines sweeten 2023 sales despite cocoa costs
By Paolo Laudani and Marleen Kaesebier (Reuters) -Swiss chocolate maker Lindt & Spruengli reported a 10.3% rise in 2023 organic sa..
News
Wall St dips, dollar, US yields rise on rate outlook jitters
By Stephen Culp NEW YORK (Reuters) – U.S. stocks edged lower while the dollar gathered strength as the World Economic Forum in D..
Investment
Tech layoffs continue after ‘Year of Efficiency’
By Aditya Soni and Chavi Mehta (Reuters) – Big Tech’s “Year of Efficiency” may be over but recent layoffs at G..
Technology
Poland plans to set end date for coal power
By Kate Abnett BRUSSELS (Reuters) – Poland plans to set an end date for coal-fuelled power, the country’s Secretary of Sta..
Headlines
As Davos crowd gathers, governments urged to rein in ‘billionaire class’
By Mark John (Reuters) – The combined fortunes of the world’s five richest men have more than doubled to $869 billion sinc..
Headlines
Iceland volcano recedes after ‘black day’ of town fires
REYKJAVIK (Reuters) – A volcano that erupted in southwest Iceland for the second time in less than a month appeared to be signif..
Headlines
Red Sea trade disruption hits energy sector after strikes on Houthis
By Andrew Mills and Robert Harvey DOHA/LONDON (Reuters) -Qatar suspended liquefied natural gas (LNG) shipments via the Red Sea and six..
Headlines
Dollar little changed on MLK Day, sterling slides in risk-off trading
By Joice Alves LONDON (Reuters) -The dollar was little changed on Monday in cautious during a U.S. public holiday, while risk-sensit..
Headlines
There’s no more money, German minister tells rowdy farmers
By Thomas Escritt BERLIN (Reuters) – Germany’s Finance Minister Christian Lindner took to thestage on Monday in front of t..
Headlines
German economy dodges recession despite shrinking 0.3% in 2023
By Maria Martinez BERLIN (Reuters) -The German economy contracted in 2023, due to persistent inflation, high energy prices and weak fo..
Headlines
Microsoft topples Apple to become global market cap leader
(Reuters) – Microsoft has eclipsed Apple to become the world’s largest company by market capitalization, driven by its dee..
Business
US bank profits fall in choppy quarter marked by special charges, falling lending margins
WASHINGTON (Reuters) -Major U.S. bank profits fell on Friday in a choppy fourth quarter complicated by special charges and job cuts, w..
Headlines
Exclusive-EU investigators to inspect China’s BYD, Geely and SAIC in EV probe – source
SHANGHAI/BRUSSELS (Reuters) -European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a prob..
Headlines
US scientists say one-in-three chance 2024 another year of record heat
By Gloria Dickie TORONTO (Reuters) – This year has a one-in-three chance of being even hotter than 2023, which was already th..
Headlines
Oil rises 2% as some tankers avoid Red Sea after strikes
By Arathy Somasekhar HOUSTON (Reuters) -Oil climbed more than 2% on Friday, as some oil tankers diverted course from the Red Sea follo..
Headlines
JPMorgan’s annual profit surges to record even as Q4 net income dips
By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase reported its best-ever annual profit and forecast higher-than-expected in..
Headlines
UK could beat US and euro zone to sub-2% inflation – Capital
LONDON (Reuters) – Britain, which has had the strongest inflation among the world’s big rich economies for much of the pas..
Headlines
Oil gains after US, UK strike on Houthis; U.S. yields ease after PPI
By Caroline Valetkevitch NEW YORK (Reuters) -Oil prices jumped more than 2% as some oil tankers diverted course from the Red Sea after..
Headlines
US FAA to boost oversight of Boeing, sees more manufacturing issues
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Aviation Administration said on Friday it will intensify oversight of Boein..
Headlines
Dollar dips after soft US inflation data, Aussie, New Zealand dollars outperform
The producer price index for final demand dipped 0.1% last month, after a decline in the cost of goods, while prices for services w..
Headlines
St Peter’s centrepiece to get makeover in time for 2025 Holy Year
VATICAN CITY (Reuters) – A giant bronze canopy at the centre of St Peter’s Basilica will get its first major makeover in m..
Headlines
Tesco raises profit outlook again after strong Christmas sales
By James Davey LONDON (Reuters) -Tesco, Britain’s biggest retailer, upgraded its profit outlook for the second time in four mont..
Headlines
EU lawmakers consider stronger plastic pollution law after spill hits Spain
By Kate Abnett BRUSSELS (Reuters) – Some European Union lawmakers are pushing to strengthen a planned law on microplastics pollu..
Headlines
UK to make Big Tech give rivals access to data under new plans
LONDON (Reuters) – Britain’s competition regulator plans to make big tech companies give their rivals greater access to da..
Headlines
UK sees 39% jump in households failing to pay energy bills
By David Milliken LONDON (Reuters) – The number of British households who failed to pay their energy bills last month was 39% hi..
Headlines
M&S claims Christmas crown as food and clothing sales beat forecasts
By Paul Sandle LONDON (Reuters) -British retailer Marks & Spencer on Thursday reported a better-than-expected 8.1% rise in sales o..
Headlines
Waste company helps businesses set up more sustainable New Year Resolutions
The onset of a new year provides an ideal opportunity for companies to adopt new objectives, particularly in enhancing recycling and w..
Business
Danone must face Evian water ‘carbon neutral’ lawsuit
By Jonathan Stempel (Reuters) – A judge in New York ruled on Wednesday that Danone must face a lawsuit challenging its “ca..
Headlines
Japan stocks hit 34-year high, markets calm before US inflation data
By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) -Japanese stocks hit a 34-year high on Wednesday while global equities..
Headlines
Share of Russian aluminium in LME warehouses rises to 90% after UK curbs
By Polina Devitt LONDON (Reuters) -The share of available aluminium stocks of Russian origin in London Metal Exchange-approved (LME) w..
Headlines