Headlines

Euro zone consumers see inflation edge up slightly, ECB survey shows

Euro zone consumers see inflation edge up slightly, ECB survey shows

FRANKFURT (Reuters) –     Euro zone inflation expectations for the year ahead edged up slightly in October and stayed steady for..

German unemployment rises less than expected in November, labour office says

German unemployment rises less than expected in November, labour office says

By Maria Martinez BERLIN (Reuters) –     The number of people out of work in Germany rose less than expected in November, federa..

Exclusive – HSBC pulling back from China credit card business after struggling to expand, sources say

Exclusive – HSBC pulling back from China credit card business after struggling to expand, sources say

By Selena  Li and Engen Tham (Reuters) –     HSBC is pulling back from its credit card business in China eight years after its l..

Oil slips on US gasoline stocks buildup; traders eye weekend OPEC+ meet

Oil slips on US gasoline stocks buildup; traders eye weekend OPEC+ meet

By Siyi Liu SINGAPORE (Reuters) -Oil prices drifted lower on Thursday after a surprise jump in U.S. gasoline inventories, with investo..

UK’s Direct Line surges after rejecting Aviva’s $4.16 billion takeover offer

UK’s Direct Line surges after rejecting Aviva’s $4.16 billion takeover offer

(Reuters) -Shares in UK’s Direct Line Insurance soared over 36% in early trade on Thursday after it rejected a 3.28 billion poun..

ASML and peers climb on hopes for less severe US curbs on China chips

ASML and peers climb on hopes for less severe US curbs on China chips

(Reuters) -Shares of ASML and its peers in the European computer chip equipment sector climbed on Thursday after Bloomberg News report..

Bitcoin options trade shows more bets on retreat after failing to breach $100,000

Bitcoin options trade shows more bets on retreat after failing to breach $100,000

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) –     Investors in the world’s largest cryptocurrency are anticipating a si..

French tightening plans credible, Dutch want to spend too much, says Commission

French tightening plans credible, Dutch want to spend too much, says Commission

By Jan Strupczewski BRUSSELS (Reuters) -France’s draft 2025 budget and medium-term plan to bring down public debt are in line wi..

Asian stocks slide amid Trump tariff worries, yen gains

Asian stocks slide amid Trump tariff worries, yen gains

By Kevin Buckland TOKYO (Reuters) -Asian stocks fell on Wednesday and currencies were volatile as investors fretted over whether other..

UK shop prices fall less sharply in November, survey shows

UK shop prices fall less sharply in November, survey shows

LONDON (Reuters) –     Prices in British shops fell less sharply this month, according to a survey from the British Retail Conso..

Britain’s parliament to vote on strict anti-smoking rules

Britain’s parliament to vote on strict anti-smoking rules

By Catarina Demony LONDON (Reuters) –     British lawmakers will on Tuesday debate and vote on plans to introduce some of the wo..

Italy’s Bending Spoons to take Brightcove private in $233 million deal

Italy’s Bending Spoons to take Brightcove private in $233 million deal

(Reuters) –     Cloud-based streaming platform Brightcove said on Monday Bending Spoons will buy the company in a transaction va..

German defence firm Renk Group appoints Alexander Sagel as CEO

German defence firm Renk Group appoints Alexander Sagel as CEO

(Reuters) – German defence firm Renk Group said on Sunday it had appointed management board member Alexander Sagel as CEO effect..

Explainer-COP29 – How does $300 billion stack up?

Explainer-COP29 – How does $300 billion stack up?

By Karin Strohecker and Simon Jessop BAKU (Reuters) – Countries agreed at the U.N.’s COP29 climate conference to spend $30..

Thyssenkrupp: expert opinion gives positive view for steel business

Thyssenkrupp: expert opinion gives positive view for steel business

DUESSELDORF, Germany (Reuters) -An expert opinion on the financial needs of Thyssenkrupp’s crisis-hit steel division has given a..

Dollar dips with Treasury yields after Bessent pick

Dollar dips with Treasury yields after Bessent pick

By Wayne Cole SYDNEY (Reuters) – The dollar surrendered a little of its recent gains on Monday as investors assumed the pick for..

Dollar rises after claims data, bitcoin continues rally

Dollar rises after claims data, bitcoin continues rally

By Chuck Mikolajczak NEW YORK (Reuters) -The dollar rose to a 13-month high in choppy trading on Thursday as investors assessed the la..

SNB board member says inflation is within target range

SNB board member says inflation is within target range

By Emma Farge GENEVA (Reuters) – Swiss National Bank governing board member Petra Tschudin said on Thursday that inflation was c..

Economists see Russian inflation exceeding the central bank’s 2024 estimate

Economists see Russian inflation exceeding the central bank’s 2024 estimate

By Gleb Bryanski and Darya Korsunskaya MOSCOW (Reuters) – Leading Russian economists expect inflation in Russia to exceed the ce..

Nissan Motor urges UK to ease EV targets amid weak demand

Nissan Motor urges UK to ease EV targets amid weak demand

(Reuters) – Nissan Motor urged the UK government on Wednesday to ease up its electric vehicle mandate, which encourages manufact..

Elf Beauty stock slides after Muddy Waters says it has shorted its shares

Elf Beauty stock slides after Muddy Waters says it has shorted its shares

By Nell Mackenzie LONDON (Reuters) – Muddy Waters has taken a short position in cosmetics company Elf Beauty, the hedge fundR..

UK retail warns of inflation and job losses from budget, seeks Reeves meeting

UK retail warns of inflation and job losses from budget, seeks Reeves meeting

LONDON (Reuters) – Britain’s biggest retailers have written to finance minister Rachel Reeves to warn her that last month&..

Global shares soft; dollar, bond yields hold near multi-month highs

Global shares soft; dollar, bond yields hold near multi-month highs

By Samuel Indyk and Rae Wee LONDON (Reuters) -The U.S. dollar and bond yields held near multi-month peaks on Monday on expectations th..

Portugal airline TAP’s profit drops on forex losses, higher wage costs

Portugal airline TAP’s profit drops on forex losses, higher wage costs

LISBON (Reuters) – Portugal’s flag carrier TAP reported a 35% slump in third-quarter net profit on Monday to 118 million e..

China and Britain enjoy vast space for cooperation, Xi tells Starmer

China and Britain enjoy vast space for cooperation, Xi tells Starmer

BEIJING (Reuters) – Chinese President Xi Jinping told British Prime Minister Keir Starmer Monday that the two countries enjoy a ..

Philippines urges residents to flee as super typhoon Man-Yi strengthens on approach

Philippines urges residents to flee as super typhoon Man-Yi strengthens on approach

MANILA (Reuters) -Philippine authorities issued an urgent appeal on Saturday for residents in low-lying areas and coastal towns to mov..

TikTok parent ByteDance’s valuation hits $300 billion, sources say

TikTok parent ByteDance’s valuation hits $300 billion, sources say

By Echo Wang and Chandni Shah (Reuters) -TikTok’s parent company ByteDance is valuing itself at about $300 billion, after it rec..

While farmers protest, UK’s Starmer says will defend budget ‘all day long’

While farmers protest, UK’s Starmer says will defend budget ‘all day long’

LONDON (Reuters) -British Prime Minister Keir Starmer said on Saturday he would defend decisions taken in his Labour government’..

Philippines urges residents to flee as super typhoon Man-Yi strengthens on approach

Philippines urges residents to flee as super typhoon Man-Yi strengthens on approach

MANILA (Reuters) -Philippine authorities issued an urgent appeal on Saturday for residents in low-lying areas and coastal towns to mov..

OMV says its gas deliveries from Russia have stopped

OMV says its gas deliveries from Russia have stopped

BERLIN (Reuters) – Austrian energy company OMV said gas deliveries from Russia had ended at 6 a.m. (0500 GMT) on Saturday, but t..

Dutch government crisis defused, prime minister says

Dutch government crisis defused, prime minister says

AMSTERDAM (Reuters) – A government crisis in the Netherlands was avoided in a tense emergency meeting on Friday, as a cabinet me..

COP29 countries endorse global carbon market framework

COP29 countries endorse global carbon market framework

By Virginia Furness and Kate Abnett BAKU (Reuters) – Countries at the two-week COP29 climate summit gave the go-ahead on Monday ..

Europe’s STOXX 600 jumps on defence stocks prospects, data in focus

Europe’s STOXX 600 jumps on defence stocks prospects, data in focus

By Ankika Biswas and Shashwat Chauhan (Reuters) -Europe’s main stock index logged its best day in six weeks on Monday, with defe..

UK stocks rebound as investors await key data

UK stocks rebound as investors await key data

By Sruthi Shankar and Nikhil Sharma (Reuters) -Britain’s main stock indexes rose on Monday, joining a broad rally in European ma..

Britain’s Reeves to use major speech to promote ‘free and open’ trade, The Observer reports

Britain’s Reeves to use major speech to promote ‘free and open’ trade, The Observer reports

LONDON (Reuters) – Britain’s finance minister Rachel Reeves is expected to use a major speech this week to “promote ..

Sweden picks Embraer’s C-390 as new military cargo aircraft

Sweden picks Embraer’s C-390 as new military cargo aircraft

RIO DE JANEIRO (Reuters) – Sweden has selected Embraer’s C-390 Millennium as the country’s new military cargo aircra..

UMG says Pershing does not have right to require Amsterdam delisting

UMG says Pershing does not have right to require Amsterdam delisting

(Reuters) -Universal Music Group (UMG) said on Saturday that billionaire Bill Ackman’s Pershing Square has no right to require t..