Headlines

Telecom Italia boosted by rival offer for landline grid

Telecom Italia boosted by rival offer for landline grid

By Elvira Pollina MILAN (Reuters) -Telecom Italia (TIM) shares rose as much as 5% on Monday after Italian state investor CDP and Austr..

Spain’s inflation to be lower this year than in 2022 -minister

Spain’s inflation to be lower this year than in 2022 -minister

MADRID (Reuters) -Spanish Economy Minister Nadia Calvino said on Monday she expects inflation will be lower this year than in 2022 tho..

Tesla cuts U.S. Model S and Model X prices between 4% and 9%

Tesla cuts U.S. Model S and Model X prices between 4% and 9%

(Reuters) -Tesla Inc has cut prices on its two most expensive electric vehicles in the United States, according to the company’s..

EU, US working on deal to make EV minerals eligible for tax credits -EU official

EU, US working on deal to make EV minerals eligible for tax credits -EU official

By Andrea Shalal and David Shepardson WASHINGTON (Reuters) -The United States and European Union are working toward agreement in princ..

Offshore crews to strike on BP’s North Sea installations, says Unite

Offshore crews to strike on BP’s North Sea installations, says Unite

(Reuters) – Nearly 50 offshore workers on several of BP’s North Sea installations have backed strike action in pursuit of a pay ..

Lufthansa expects further ‘significant improvement’ after return to profit

Lufthansa expects further ‘significant improvement’ after return to profit

By Ilona Wissenbach and Joanna Plucinska (Reuters) – Germany’s Lufthansa on Friday delivered an “unprecedented”..

Oil prices stable, heading for weekly gain

Oil prices stable, heading for weekly gain

By Shadia Nasralla LONDON (Reuters) -Oil prices held steady on Friday, poised to register a weekly gain as renewed optimism on China&#..

Euro zone recovery gathers pace, allays fears of recession-PMI

Euro zone recovery gathers pace, allays fears of recession-PMI

LONDON (Reuters) – The recovery in euro zone business activity gathered pace last month as growth accelerated in the bloc’..

Morgan Stanley, others now forecast 4% peak for key ECB rate

Morgan Stanley, others now forecast 4% peak for key ECB rate

By Sudip Kar-Gupta (Reuters) -Morgan Stanley and two other investment banks have revised their forecasts for the European Central Bank..

British property portal Rightmove hikes dividend after annual profit jump

British property portal Rightmove hikes dividend after annual profit jump

(Reuters) -British real-estate portal Rightmove Plc on Friday raised its final dividend payment and posted a higher annual operating p..

Credit Suisse offers higher deposit rates in Asia to woo the wealthy – sources

Credit Suisse offers higher deposit rates in Asia to woo the wealthy – sources

By Selena Li HONG KONG (Reuters) -Credit Suisse is offering higher deposit rates than its rivals to attract new funds from wealthy cli..

Dollar firms after U.S. labor data suggests more rate hikes

Dollar firms after U.S. labor data suggests more rate hikes

By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The dollar strengthened on Thursday after unemployment claims pointe..

Britain’s Nationwide curbs cryptocurrency purchases by customers

Britain’s Nationwide curbs cryptocurrency purchases by customers

By Lawrence White and Elizabeth Howcroft LONDON (Reuters) – Britain’s Nationwide Building Society has restricted customers..

Italy Jan jobless rate edges up to 7.9%, with 35,000 jobs created

Italy Jan jobless rate edges up to 7.9%, with 35,000 jobs created

ROME (Reuters) – Italy’s unemployment rate rose slightly to 7.9% in January from an unrevised 7.8% the month before, natio..

Merck KGaA expects 2023 profit to slip as COVID demand wanes

Merck KGaA expects 2023 profit to slip as COVID demand wanes

By Ludwig Burger FRANKFURT (Reuters) – Germany’s Merck KGaA on Thursday predicted 2023 earnings would slip due to a declin..

Budweiser APAC bets on post-COVID China thirst for premium beer

Budweiser APAC bets on post-COVID China thirst for premium beer

BEIJING (Reuters) – Budweiser Brewing Co APAC, Asia’s largest beer company by sales, said on Thursday it will expand into ..

Global energy-related CO2 emissions edged up to record high in 2022 – IEA

Global energy-related CO2 emissions edged up to record high in 2022 – IEA

By Susanna Twidale LONDON (Reuters) – Global energy-related emissions of carbon dioxide hit a record high last year, although mo..

Analysis-Watch out risk assets, the rout in bonds is coming your way

Analysis-Watch out risk assets, the rout in bonds is coming your way

By Dhara Ranasinghe, Nell Mackenzie and Yoruk Bahceli LONDON (Reuters) – The selling gripping the world’s biggest bond mar..

Bank finance for cleaner energy grows, but still lags fossil fuels – report

Bank finance for cleaner energy grows, but still lags fossil fuels – report

LONDON (Reuters) -Banks gave 81 cents in financing support to low carbon energy supply for every dollar they provided to fossil fuels ..

At the home of Zara, fast and slow fashion collide

At the home of Zara, fast and slow fashion collide

By Corina Pons and Virginia Furness A CORUNA, Spain/LONDON (Reuters) – In Spain’s A Coruna, two contrasting fashion busine..

Adecco sees signs of a hiring slowdown at start of 2023

Adecco sees signs of a hiring slowdown at start of 2023

By John Revill ZURICH (Reuters) -Adecco said its hiring activity had weakened modestly at the start of 2023 after the staffing company..

Germany home prices to sink nearly 6% this year – Reuters Poll

Germany home prices to sink nearly 6% this year – Reuters Poll

By Indradip Ghosh BENGALURU (Reuters) – Home prices in Germany will fall more sharply this year and next than previously thought..

Japan’s factory output posts biggest fall in 8 months on weak autos, chips sectors

Japan’s factory output posts biggest fall in 8 months on weak autos, chips sectors

By Kantaro Komiya TOKYO (Reuters) – Japan’s factory output shrank at the fastest pace in eight months in January as declin..

TD, other banks reach $1.35 billion settlements to end Stanford litigation

TD, other banks reach $1.35 billion settlements to end Stanford litigation

By Jonathan Stempel (Reuters) -Three banks agreed to pay $1.35 billion to resolve litigation by former Allen Stanford investors who ac..

Snowboarding-British teenager Brookes becomes the youngest world champion

Snowboarding-British teenager Brookes becomes the youngest world champion

(Reuters) – Britain’s Mia Brookes outclassed Olympic gold medallist Zoi Sadowski-Synnott to become the youngest snowboardi..

Essar creates new unit to drive $3.6 billion low-carbon plan in UK, India

Essar creates new unit to drive $3.6 billion low-carbon plan in UK, India

By Nidhi Verma NEW DELHI (Reuters) – India’s Essar Group said on Monday it has created a new entity that will control its ..

SoftBank, Ant seek to sell Paytm stake via open market – ET

SoftBank, Ant seek to sell Paytm stake via open market – ET

(Reuters) -China’s Ant Group and Japan’s SoftBank Group Corp are seeking to sell their stakes in Indian digital payments f..

Nokia changes iconic logo to signal strategy shift

Nokia changes iconic logo to signal strategy shift

By Supantha Mukherjee BARCELONA (Reuters) – Nokia announced plans on Sunday to change its brand identity for the first time in n..

Satellite group SES expects further sales growth in 2023

Satellite group SES expects further sales growth in 2023

(Reuters) -Satellite firm SES on Monday forecast further revenue growth in 2023 supported by the commercial launch of a key satellites..

Dollar gains as higher-for-longer U.S. rate views drive currency markets

Dollar gains as higher-for-longer U.S. rate views drive currency markets

By Ankur Banerjee SINGAPORE (Reuters) – The dollar held firm near a seven-week peak on Monday, after a slew of strong U.S. econo..

Cisco works with Mercedes-Benz to create mobile office

Cisco works with Mercedes-Benz to create mobile office

By Supantha Mukherjee BARCELONA (Reuters) – Cisco is working with Mercedes Benz to add its Webex conferencing tools to the dashb..

Big Tech ‘fair share’ debate set to dominate Barcelona mobile meet

Big Tech ‘fair share’ debate set to dominate Barcelona mobile meet

By Supantha Mukherjee, Martin Coulter and Joan Faus BARCELONA (Reuters) -A clash between Big Tech and European Union telecoms firms ov..

South Korea’s BTS member j-hope begins process to join military

South Korea’s BTS member j-hope begins process to join military

By Hyonhee Shin SEOUL (Reuters) -A second member of Korea’s BTS – the first K-pop band nominated for a Grammy – has ..

Airbus, Qantas close to first joint sustainable aviation fuel investment

Airbus, Qantas close to first joint sustainable aviation fuel investment

By Jamie Freed MELBOURNE (Reuters) – Airbus SE and Qantas Airways Ltd plan to announce the first investment from a $200 million ..

SpaceX set to launch next International Space Station crew for NASA

SpaceX set to launch next International Space Station crew for NASA

By Joe Skipper and Steve Gorman CAPE CANAVERAL, Fla. (Reuters) – Elon Musk’s rocket company SpaceX was set to launch early..

Flu experts gather with H5N1 risk on the agenda

Flu experts gather with H5N1 risk on the agenda

By Jennifer Rigby LONDON (Reuters) – The world’s leading experts on influenza met this week to discuss the threat posed to..

German GDP contracted by 0.4% in the fourth quarter

German GDP contracted by 0.4% in the fourth quarter

BERLIN (Reuters) -The German economy contracted at the end of the year, as inflation and the energy crisis took their toll on househol..