Headlines

Sterling slides as bets for aggressive U.S. tightening boost dollar

Sterling slides as bets for aggressive U.S. tightening boost dollar

By Alun John LONDON (Reuters) -Sterling slid versus the dollar on Monday after Friday’s strong U.S. labour market data supported..

Renault and Nissan in talks that could reshape autos alliance

Renault and Nissan in talks that could reshape autos alliance

By Gilles Guillaume and Satoshi Sugiyama PARIS/TOKYO (Reuters) -Renault and Nissan said on Monday they were in talks about the future ..

Factbox-How Germany’s gas price brake is helping reeling industry

Factbox-How Germany’s gas price brake is helping reeling industry

FRANKFURT (Reuters) – A German expert commission that has been charged with drawing up plans to ease the impact of high gas pric..

UK trial lawyers to end strike after accepting government pay offer

UK trial lawyers to end strike after accepting government pay offer

LONDON (Reuters) – British trial lawyers will end a weeks-long strike on Monday after voting to accept the government’s pa..

After fleeing war, Ukrainians struggle to settle around Europe

After fleeing war, Ukrainians struggle to settle around Europe

By Corina Pons and Catarina Demony MADRID/LISBON (Reuters) – Ukrainian psychologist Tatyana Bogkova was on a birthday trip in Po..

BMW Group sales drop slightly in Q3

BMW Group sales drop slightly in Q3

BERLIN (Reuters) -BMW sold nearly as many cars in the third quarter as it did in the same period a year before, after the war in Ukrai..

Air France and Airbus face French court over Rio-Paris crash

Air France and Airbus face French court over Rio-Paris crash

PARIS (Reuters) – Air France and Airbus face the start of a nine-week manslaughter trial on Monday, 13 years after an A330 jet p..

ECB engaged in bringing down inflation to 2% in two to three years from now – Villeroy

ECB engaged in bringing down inflation to 2% in two to three years from now – Villeroy

PARIS (Reuters) -The European Central Bank (ECB) is engaged in bringing down inflation to 2% percent in “two to three years̶..

German voters deliver mixed verdict on Scholz coalition in regional poll

German voters deliver mixed verdict on Scholz coalition in regional poll

By Sarah Marsh BERLIN (Reuters) -A regional election in Lower Saxony delivered mixed fortunes for German Chancellor Olaf Scholz’..

OMV: Q3 retail and commercial margins increased q/q

OMV: Q3 retail and commercial margins increased q/q

BERLIN (Reuters) -Austrian oil and gas group OMV said on Monday its retail and commercial margins increased in the third quarter from ..

German gas commission agrees proposals to ease impact of soaring prices

German gas commission agrees proposals to ease impact of soaring prices

BERLIN (Reuters) -Germany’s expert commission charged with drawing up plans to ease the impact of soaring gas prices on consumer..

Stellantis, GME Resources seal nickel and cobalt deal for battery production

Stellantis, GME Resources seal nickel and cobalt deal for battery production

PARIS (Reuters) -Carmaker Stellantis has signed a non-binding preliminary agreement with GME Resources to secure supplies of nickel an..

Nissan pushes partner Renault to sell down stake, may raise funds -source

Nissan pushes partner Renault to sell down stake, may raise funds -source

(Reuters) -Nissan Motor Co Ltd is pressing French partner Renault SA to cut its stake in the Japanese automaker as much as possible, i..

Taiwan says war with China ‘absolutely’ not an option, but bolstering defences

Taiwan says war with China ‘absolutely’ not an option, but bolstering defences

By Yimou Lee and Ben Blanchard TAIPEI (Reuters) -War between Taiwan and China is “absolutely not an option”, Taiwan Presid..

Analysis-How China’s Xi accumulated power, and why it matters in a third term

Analysis-How China’s Xi accumulated power, and why it matters in a third term

By Yew Lun Tian BEIJING (Reuters) – One of Xi Jinping’s first moves after winning China’s top job as general secreta..

Amazon.com to invest over 1 billion euros in European electric van, truck fleet

Amazon.com to invest over 1 billion euros in European electric van, truck fleet

By Nick Carey LONDON (Reuters) – Amazon.com Inc said on Monday it will invest more than 1 billion euros ($974.8 million) over th..

Greg Hands appointed as UK junior trade minister

Greg Hands appointed as UK junior trade minister

(Reuters) -British lawmaker Greg Hands was appointed minister of state for trade, the prime minister’s office said in a statemen..

TotalEnergies accelerates refinery wage talks as fuel supply shrinks

TotalEnergies accelerates refinery wage talks as fuel supply shrinks

By Tassilo Hummel and Caroline Pailliez PARIS (Reuters) -TotalEnergies on Sunday offered to bring forward wage talks, in response to u..

UK will not urge public to cut energy use, minister says

UK will not urge public to cut energy use, minister says

By Muvija M LONDON (Reuters) -Britain is not asking people to use less energy, climate minister Graham Stuart said on Friday, despite ..

World food price index falls for sixth month in Sept -FAO

World food price index falls for sixth month in Sept -FAO

ROME (Reuters) – The United Nations food agency’s world price index fell for a sixth month in a row in September, receding..

Chipmakers weigh on European shares; focus on U.S. jobs data

Chipmakers weigh on European shares; focus on U.S. jobs data

By Devik Jain (Reuters) -European shares slipped on Friday, led by semiconductor firms after weak earnings and forecasts from Samsung ..

Exclusive-Indian car makers propose tax cut on imports in trade deal with Britain

Exclusive-Indian car makers propose tax cut on imports in trade deal with Britain

By Aditi Shah and Aftab Ahmed NEW DELHI (Reuters) – Indian car makers have proposed cutting to 30% the tax rate on imported cars..

Luxury yacht owned by sanctioned Russian oligarch docked in Hong Kong

Luxury yacht owned by sanctioned Russian oligarch docked in Hong Kong

By Tyrone Siu HONG KONG (Reuters) – A luxury yacht worth over half a billion U.S. dollars belonging to sanctioned Russian oligar..

Swiss forex reserves down in September

Swiss forex reserves down in September

(Reuters) – The Swiss National Bank’s foreign exchange reserves fell in September, data showed on Friday. The SNB held 807..

UK pub operator Wetherspoon’s loss narrows despite higher costs

UK pub operator Wetherspoon’s loss narrows despite higher costs

(Reuters) -British pub operator J D Wetherspoon’s annual loss narrowed from a year ago, even as the company battled soaring ener..

German retail sales dip more than forecast in August

German retail sales dip more than forecast in August

BERLIN (Reuters) – German retail sales fell by a slightly more-than-forecast 1.3% in August compared to the previous month, data..

Sri Lanka top court allows proceedings against former President Rajapaksa, others

Sri Lanka top court allows proceedings against former President Rajapaksa, others

COLOMBO (Reuters) – Sri Lanka’s top court has granted permission for proceedings against former President Gotabaya Rajapak..

EU wants to know if Microsoft will block rivals after Activision deal

EU wants to know if Microsoft will block rivals after Activision deal

By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are asking games developers whether Microsoft will be incentivised ..

Explainer-Caps and corridors: how can Europe contain gas prices?

Explainer-Caps and corridors: how can Europe contain gas prices?

By Kate Abnett BRUSSELS (Reuters) – Leaders of European Union countries will debate whether and how to cap gas prices on Friday,..

In Apple’s shadow, Google takes new route to face recognition on Pixel phones

In Apple’s shadow, Google takes new route to face recognition on Pixel phones

By Paresh Dave (Reuters) – Facial recognition returned to the latest Google Pixel phones on Thursday after a short hiatus due to..

IMF should issue new reserves to help countries tackle overlapping crises – groups

IMF should issue new reserves to help countries tackle overlapping crises – groups

By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund should issue $650 billion in new emergency reserves to help its..

Adidas puts partnership with Kanye West under review

Adidas puts partnership with Kanye West under review

FRANKFURT (Reuters) – German sporting goods maker Adidas on Thursday said it has put under review its business partnership with ..

EU sees more work ahead to implement Russian oil price cap

EU sees more work ahead to implement Russian oil price cap

By Gabriela Baczynska BRUSSELS (Reuters) -The European Union on Thursday gave a final approval to its eighth batch of sanctions agains..

IMF’s Georgieva sees ‘darkening’ outlook for global economy, rising recession risks

IMF’s Georgieva sees ‘darkening’ outlook for global economy, rising recession risks

By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund will next week downgrade its forecast for 2.9% global growth in..

France’s Ernaux, who long scrutinised self, wins Nobel literature prize

France’s Ernaux, who long scrutinised self, wins Nobel literature prize

By Justyna Pawlak, Simon Johnson and Elizabeth Pineau STOCKHOLM/PARIS (Reuters) -French author Annie Ernaux won the 2022 Nobel Prize i..

Cash crunch for British funds puts regulators under pensions lens

Cash crunch for British funds puts regulators under pensions lens

By Huw Jones, Carolyn Cohn and Tommy Wilkes LONDON (Reuters) – A scramble for cash by Britain’s pension funds after last w..

Citi expects global equities to rally 18% by end-2023

Citi expects global equities to rally 18% by end-2023

(Reuters) – Citigroup is expecting global equities to rise about 18% from now through the end of 2023, saying beaten down valuat..