All Posts

UK shop price inflation at lowest in a year – BRC

UK shop price inflation at lowest in a year – BRC

LONDON (Reuters) – Prices in British store chains rose at the slowest pace in a year in September, according to industry data th..

Visa launches $100 million venture fund for generative AI startups

Visa launches $100 million venture fund for generative AI startups

(Reuters) – Payments processor Visa on Monday launched a $100 million venture fund for generative artificial intelligence (AI) s..

Oil tumbles 2% to 3-week low on strong dollar, profit taking

Oil tumbles 2% to 3-week low on strong dollar, profit taking

By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 2% on Monday to a three-week low as a higher-priced Brent contract expired..

Dollar climbs to near 150 vs yen after US shutdown avoided, data

Dollar climbs to near 150 vs yen after US shutdown avoided, data

By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index climbed on Monday, building on four straight weeks of gains after the..

Global stock index dips while bond yields, dollar climb

Global stock index dips while bond yields, dollar climb

NEW YORK (Reuters) – MSCI’s global index of stocks kicked off fourth-quarter trading with a decline, while U.S. Treasury..

Oil pares gains ahead of Fed Reserve comments

Oil pares gains ahead of Fed Reserve comments

LONDON (Reuters) – Oil prices pared gains after earlier climbing $1 on Monday, with questions around supply and global demand an..

EU launches first phase of world’s first carbon border tariff

EU launches first phase of world’s first carbon border tariff

BRUSSELS (Reuters) – The European Union launched on Sunday the first phase of the world’s first system to impose CO2 emiss..

Tesla misses delivery estimates as factory upgrades curb production

Tesla misses delivery estimates as factory upgrades curb production

(Reuters) -Tesla missed market estimates for third-quarter deliveries on Monday as planned upgrades at its factories forced production..

London stocks kick off Q4 lower as rising yields bite

London stocks kick off Q4 lower as rising yields bite

By Johann M Cherian and Bansari Mayur Kamdar (Reuters) -London stocks gave up early gains and closed lower on Monday as rising yields ..

Germany’s Birkenstock targets over $9 billion valuation in US IPO

Germany’s Birkenstock targets over $9 billion valuation in US IPO

(Reuters) -Birkenstock, the German premium footwear brand backed by private-equity firm L Catterton, said on Monday it is seeking a ..

France kicks off bird flu vaccination despite trade backlash risk

France kicks off bird flu vaccination despite trade backlash risk

By Sybille de La Hamaide PARIS (Reuters) -France began vaccinating ducks against bird flu on Monday to try and stem the virus that kil..

Euro zone factory activity stuck in steep downturn in Sept – PMI

Euro zone factory activity stuck in steep downturn in Sept – PMI

LONDON (Reuters) – Euro zone manufacturing activity remained mired in a deep and broad-based downturn last month, according to a..

STOXX 600 sinks to six-month low on higher bond yields

STOXX 600 sinks to six-month low on higher bond yields

By Sruthi Shankar, Shristi Achar A and Siddarth S (Reuters) -European stocks kicked off the final quarter on a negative note as higher..

Hungarian and US scientists win Nobel for COVID-19 vaccine discoveries

Hungarian and US scientists win Nobel for COVID-19 vaccine discoveries

By Ludwig Burger and Niklas Pollard STOCKHOLM (Reuters) -Hungarian scientist Katalin Kariko and U.S. colleague Drew Weissman, who met ..

Environmental groups file complaint against France’s TotalEnergies over climate impact

Environmental groups file complaint against France’s TotalEnergies over climate impact

PARIS (Reuters) – Four environmental organisations have started legal action against France’s largest energy company Total..

Top central banks’ rate hike push fizzles out in September, EM parts ways

Top central banks’ rate hike push fizzles out in September, EM parts ways

By Karin Strohecker and Sumanta Sen LONDON (Reuters) – Central banks across major developed economies delivered what looked like..

Best books to read right now

Best books to read right now

In the world of literature, choosing the right book can be a transformative experience. Whether you’re a fan of fiction, non-fic..

Italy’s Enel sells 50% of its Australia green business to INPEX

Italy’s Enel sells 50% of its Australia green business to INPEX

MILAN (Reuters) – Italy’s Enel said on Friday it has finalised the sale of 50% of the two entities owning the group’..

Cellnex sells stake in units in Sweden, Denmark for $772 million to Stonepeak

Cellnex sells stake in units in Sweden, Denmark for $772 million to Stonepeak

MADRID (Reuters), it – Spanish mobile phone tower operator Cellnex said on Friday it sold a 49% stake in its Swedish and Danish ..

Nobel Peace Prize could honour Indigenous, women or green activists

Nobel Peace Prize could honour Indigenous, women or green activists

OSLO/STOCKHOLM (Reuters) – Ukrainian President Volodymyr Zelenskiy and Russian dissident Alexei Navalny are among favourites for..

Heavy winter sweaters, coats pile up at stores as warm weather threatens holiday shopping season

Heavy winter sweaters, coats pile up at stores as warm weather threatens holiday shopping season

By Ananya Mariam Rajesh (Reuters) – Unseasonably warm autumn weather from the United States to Europe is denting sales of heavy ..

Meta’s new AI assistant trained on public Facebook and Instagram posts

Meta’s new AI assistant trained on public Facebook and Instagram posts

  MENLO PARK, California (Reuters) -Meta Platforms used public Facebook and Instagram posts to train parts of its new Meta AI vir..

UK business confidence slips in September: Lloyds Bank

UK business confidence slips in September: Lloyds Bank

LONDON (Reuters) – British business confidence declined in September as optimism about the economic outlook faded, a survey show..

Exclusive-Travelex owners considering sale of company –sources

Exclusive-Travelex owners considering sale of company –sources

By Amy-Jo Crowley and Pablo Mayo Cerqueiro LONDON (Reuters) – Travelex’s owners are exploring a sale of the British curren..

Types of attacks in cybersecurity

Types of attacks in cybersecurity

Definition of cybersecurity attacks  In today’s interconnected digital world, cyberattacks have become increasingly prevalen..

Oil jumps 3% as steep US crude stocks draw adds to supply concerns

Oil jumps 3% as steep US crude stocks draw adds to supply concerns

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices surged 3% on Wednesday, after U.S. crude stocks fell more than expected, adding to ..

Sizes of European government debt trades halve in 2023-ICMA

Sizes of European government debt trades halve in 2023-ICMA

(Reuters) – Investors are having to put on much smaller trades more frequently in Europe’s government bond markets this ye..

Meta’s new Quest headset to start shipping on Oct 10 -Zuckerberg

Meta’s new Quest headset to start shipping on Oct 10 -Zuckerberg

By Katie Paul and Anna Tong MENLO PARK, California (Reuters) -Meta Platforms’ newest Quest mixed-reality headset will start ship..

Shopify invests in wholesale platform Faire

Shopify invests in wholesale platform Faire

LONDON (Reuters) – E-commerce giant Shopify is investing in wholesale platform Faire, the companies said on Wednesday, in a glob..

Bank of England delays final Basel bank capital rules to July 2025

Bank of England delays final Basel bank capital rules to July 2025

LONDON (Reuters) – The Bank of England on Wednesday said it would delay by six months to July 2025 its roll out of the final leg..

Germany halts e-cars solar subsidy programme amid high demand

Germany halts e-cars solar subsidy programme amid high demand

BERLIN (Reuters) – Germany’s state-owned KfW bank on Wednesday said it had halted a new subsidy programme for charging ele..

UK’s Hiscox to sell Singapore and Thailand insurance business

UK’s Hiscox to sell Singapore and Thailand insurance business

(Reuters) – British insurer Hiscox said on Wednesday it has agreed to sell DirectAsia, its motor insurance business in Singapore..

Germany bans neo-Nazi group, raids members’ homes

Germany bans neo-Nazi group, raids members’ homes

BERLIN (Reuters) – German authorities raided dozens of locations nationwide on Wednesday after interior minister Nancy Faeser ba..

Dollar scales 10-month top as rate jitters persist

Dollar scales 10-month top as rate jitters persist

SINGAPORE (Reuters) – The dollar rose to a 10-month high against its major peers on Wednesday, toppling the euro and sterling to..

Merchants want lower fees, need Amazon’s ads as US FTC files suit

Merchants want lower fees, need Amazon’s ads as US FTC files suit

RALEIGH, North Carolina (Reuters) – Merchants who sell on Amazon.com want the online retailer to cut back on fees while some als..

Bank of England to leave rates on hold through mid-2024, cut in Q3: Reuters poll

Bank of England to leave rates on hold through mid-2024, cut in Q3: Reuters poll

BENGALURU (Reuters) – The Bank of England has concluded its tightening cycle and will likely keep the Bank Rate at 5.25% until a..

French shoppers buy fewer tampons, less detergent as prices surge

French shoppers buy fewer tampons, less detergent as prices surge

By Richa Naidu and Helen Reid LONDON (Reuters) – French consumers are buying fewer personal hygiene and household products, sacr..