German economy expected to skirt recession – economy ministry report
BERLIN (Reuters) -Germany is expected to narrowly escape recession and post modest growth in the first quarter of the year, according ..
Finance
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Tesla expands discounts with price cuts in Europe, Singapore, Israel
SINGAPORE/BERLIN (Reuters) -Tesla Inc on Friday slashed prices for its electric vehicles in Europe, Israel and Singapore, expanding a ..
Business
London’s FTSE 100 edges higher, set for fourth weekly gain
(Reuters) -Britain’s FTSE 100 inched up on Friday and was set for a fourth straight weekly gain, boosted by shares of pharmaceut..
Investment
Cash-loving Germans fret over exploding ATMs as cross-border crime wave hits
RATINGEN, Germany (Reuters) – In the German town of Ratingen, exploding cash machines are a hot-button topic. Two got blown up e..
Finance
Factbox-What’s next for France’s pension reform?
(Reuters) – France’s Constitutional Council is due to deliver its verdict on Friday on a deeply unpopular bill which will ..
Investment
Analysis-No China, no deal: Bid to break sovereign debt logjams gets weary thumbs up
By Libby George and Marc Jones LONDON (Reuters) – The latest bid by the world’s leading institutions and creditors to spee..
Headlines
Recruiter Hays boosted by record net fees, but cautious on outlook
(Reuters) -Global recruitment company Hays said employers had reduced the number of new temporary hires but extended existing contract..
Investment
Bootmaker Dr Martens warns on profit as finance chief walks
(Reuters) -Dr Martens issued its third profit warning in five months on Friday, as it struggled with higher-than-expected costs at a n..
Investment
European privacy watchdog creates ChatGPT task force
BRUSSELS (Reuters) -The body that unites Europe’s national privacy watchdogs said on Thursday it had set up a task force on Chat..
Technology
US Senate leader Schumer calls for AI rules as ChatGPT surges in popularity
By David Shepardson WASHINGTON (Reuters) -Senate Majority Leader Chuck Schumer said Thursday he had launched an effort to establish ru..
Headlines
Spain offers to pay companies testing a 4-day work week
By Belén Carreño MADRID (Reuters) – Spanish companies with fewer than 250 workers have one month to apply for a pilot government..
Business
Analysis-LVMH’s caution points to Americans’ waning lust for luxury
By Mimosa Spencer PARIS (Reuters) – Luxury shoppers in the United States are curtailing purchases of high-end fashion and leathe..
Business
Bank of England fines former TSB executive over 2018 IT failure
LONDON (Reuters) -The Bank of England said on Thursday it had fined TSB Bank’s former chief information officer Carlos Abarca 81..
Headlines
Stocks and gold cheer U.S. inflation picture, while dollar slides
LONDON (Reuters) -Global shares rose on Thursday, while the dollar held near two-month lows after U.S. inflation data suggested the Fe..
Finance
India opens new investigation into BBC in widening crackdown
By Aftab Ahmed NEW DELHI (Reuters) -India’s financial crime-fighting agency has opened an investigation into alleged violations ..
Headlines
Schneider and GreenYellow target smaller businesses with energy saving technology
PARIS (Reuters) – Schneider Electric and solar startup GreenYellow will target small- and medium-sized European companies hurtin..
Headlines
Lack of electric vans opens door for Chinese, other EV makers
By Nick Carey LONDON (Reuters) – Legacy automakers got off to a late start with their commercial electric vans, opening the door..
Headlines
Sovereign debtors, creditors agree on steps to jumpstart debt restructurings
By Andrea Shalal WASHINGTON (Reuters) – Global creditors, debtor nations and international financial institutions on Wednesday a..
Headlines
BoE’s Bailey says bank reforms worked but questions about liquidity buffers
By Huw Jones (Reuters) -Bank of England Governor Andrew Bailey said bank reforms enacted after the global financial crisis of 2007-09 ..
Headlines
G7 finance leaders pledge financial stability, supply chain diversity
WASHINGTON (Reuters) -Group of Seven (G7) finance leaders pledged on Wednesday to take action to maintain the stability of the global ..
News
UK housing market weakness continues, improvement on the horizon – RICS
By Suban Abdulla LONDON (Reuters) – Britain’s housing market continued to feel the pinch of higher borrowing costs in Marc..
Headlines
Dollar drops as inflation cools more than expected
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expect..
Finance
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Wednesday as cooling U.S. inflation data spurred hopes that the Federal Res..
Headlines
Germany’s Merck to invest 300 million euros in US gas plant
(Reuters) -Germany’s Merck on Wednesday said it will invest about 300 million euros ($328 million) to develop an integrated spec..
Headlines
Inflation trumps financial risks as central bank tightening set to continue
By Howard Schneider, William Schomberg and Balazs Koranyi WASHINGTON/LONDON/FRANKFURT (Reuters) – Despite broad warnings about t..
Headlines
UK recruiters slow pace of pay growth in March, REC survey shows
By Suban Abdulla LONDON (Reuters) – Britain’s labour market showed signs of a slowing in the sharp pace of pay growth in M..
Headlines
Norway wealth fund employee sues for workplace gender discrimination
By Gwladys Fouche OSLO (Reuters) -A court in Oslo on Wednesday began hearing a gender discrimination case brought by an employee at No..
Headlines
Mercedes posts rise in Q1 sales boosted by EVs, premium cars
(Reuters) -Mercedes-Benz Group sales rose moderately in the first quarter of the year, boosted by electric vehicles (EV) and premium c..
Headlines
Pizza firm DP Eurasia delivers profit rise, evaluating Russian business
(Reuters) -DP Eurasia, which runs the Domino’s Pizza brand in Turkey and Russia, on Wednesday said it was still weighing options..
Headlines
Truck maker Volvo posts record Q1 as sales, margins beat forecasts
By Terje Solsvik OSLO (Reuters) – AB Volvo reported record first-quarter profit, a preliminary filing showed, as the truck maker..
Headlines
China records world’s first human death from H3N8 bird flu -WHO
BEIJING (Reuters) – A Chinese woman has become the first person to die from a type of bird flu that is rare in humans, the World..
Headlines
Oil rises about 2% with U.S. and China inflation in focus
By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose about 2% on Tuesday on hopes that the Federal Reserve might ease up on i..
Headlines
UK economy set for smaller hit in 2023 than previously feared – IMF
(Reuters) -Britain now looks set for a shallower economic hit this year than previously thought but remains on course to suffer the sh..
Headlines
Dollar dips ahead of inflation data later this week
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday as investors waited on inflation data for further signs of whe..
Finance
Britain sets 5G goal, says no ‘magic number’ of operators
LONDON (Reuters) – Britain set an ambition to deliver next-generation 5G mobile coverage to populated areas by 2030 and said the..
Headlines
World stocks cling to upbeat mood, dollar stalls
By Dhara Ranasinghe LONDON (Reuters) -World stocks rallied on Tuesday as traders held onto hope that interest rates will soon peak and..
Finance
Explainer-Why European money market funds inflows are lagging behind the U.S. torrent?
By Harry Robertson LONDON (Reuters) – Investors poured $367 billion into U.S. money market funds in March, according to data pro..
Headlines