All Posts

UK becoming less attractive for investment, manufacturers warn

UK becoming less attractive for investment, manufacturers warn

By Andy Bruce LONDON (Reuters) – Britain has become less competitive and less attractive to foreign investors as a result of soa..

Sterling hits 2 1/2 week high, eyes on BoE

Sterling hits 2 1/2 week high, eyes on BoE

By Samuel Indyk LONDON (Reuters) – The British pound hit a two-and-a-half-week high against a broadly weak dollar on Monday ahea..

Around 40% of German companies expect output decline in 2023 – IW institute

Around 40% of German companies expect output decline in 2023 – IW institute

BERLIN (Reuters) – Four out of ten German companies expect business to shrink in 2023, a survey by the German Economic Institute..

British PM Sunak revives talks for Arm’s London IPO -FT

British PM Sunak revives talks for Arm’s London IPO -FT

(Reuters) – British Prime Minister Rishi Sunak has revived talks with Japan’s SoftBank Group Corp regarding a London listi..

‘Life is moving forward’: China declares new COVID phase

‘Life is moving forward’: China declares new COVID phase

By Liz Lee and Eduardo Baptista BEIJING (Reuters) -China braced for a “new phase” in its battle against COVID-19 on Monday..

Dollar tentative as investors assess rate-hike path

Dollar tentative as investors assess rate-hike path

SINGAPORE (Reuters) – The U.S. dollar was steady on Monday as investors digested a clutch of economic data released last week th..

Renault considers making mass-market EVs in India -sources

Renault considers making mass-market EVs in India -sources

By Aditi Shah and Gilles Guillaume NEW DELHI/PARIS (Reuters) -Renault is considering building a mass-market electric vehicle in India,..

EU commission approves delay in medical devices law to avert shortages

EU commission approves delay in medical devices law to avert shortages

LONDON (Reuters) – The European Commission said on Friday it approved delaying the deadline for companies to comply with a new l..

Big fall in euro zone inflation offers little help for ECB

Big fall in euro zone inflation offers little help for ECB

By Balazs Koranyi and Jan Strupczewski FRANKFURT/BRUSSELS (Reuters) -Euro zone inflation tumbled last month but underlying price press..

Soccer-Former star Italy striker Vialli dies aged 58

Soccer-Former star Italy striker Vialli dies aged 58

By Keith Weir and Alvise Armellini MILAN (Reuters) -Former Italy striker Gianluca Vialli, who earned 59 caps for his country and enjoy..

Euro zone economy sentiment rises in Dec, first time since start of Ukraine war

Euro zone economy sentiment rises in Dec, first time since start of Ukraine war

  BRUSSELS (Reuters) – Euro zone economic sentiment improved in December for the first time since the start of the war in U..

Biggest UK house price fall recorded since financial crisis

Biggest UK house price fall recorded since financial crisis

By Andy Bruce LONDON (Reuters) – British house prices slid in December, capping the largest quarterly drop since the financial c..

World food prices hit record high in 2022

World food prices hit record high in 2022

By Sybille de La Hamaide PARIS (Reuters) -A surge in the cost of most food commodities last year, as the disruption caused by Russia&#..

Samsung’s quarterly profit plunges to 8-year low on demand slump

Samsung’s quarterly profit plunges to 8-year low on demand slump

By Joyce Lee and Heekyong Yang SEOUL (Reuters) – Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by tw..

Sodexo tops Q1 sales estimates as people return to offices

Sodexo tops Q1 sales estimates as people return to offices

(Reuters) -French caterer Sodexo on Friday beat market estimates for first-quarter sales, as a return to the workplace and other venue..

Japan, UK to sign reciprocal access agreement for military officers -Yomiuri

Japan, UK to sign reciprocal access agreement for military officers -Yomiuri

TOKYO (Reuters) – Japan’s Prime Minister Fumio Kishida will sign a reciprocal access agreement for military officers with ..

Mercedez-Benz to deploy advanced automated driving system in Nevada

Mercedez-Benz to deploy advanced automated driving system in Nevada

By David Shepardson (Reuters) -The Nevada Department of Motor Vehicles (DMV) said on Thursday that German carmaker Mercedes-Benz can d..

Asian stocks edge up before U.S. jobs data, defying Wall Street selloff

Asian stocks edge up before U.S. jobs data, defying Wall Street selloff

By Kevin Buckland TOKYO (Reuters) – Asian equities gained on Friday while the dollar hovered near a one-month high as investors ..

Germany’s BaFin tells Eurex Clearing, Clearstream to clean up organisational deficiencies

Germany’s BaFin tells Eurex Clearing, Clearstream to clean up organisational deficiencies

FRANKFURT (Reuters) – Germany’s financial supervisory authority (BaFin) said on Thursday it has ordered clearing house Eur..

Geely’s EV brand Zeekr aims to double sales in 2023, expand in Europe

Geely’s EV brand Zeekr aims to double sales in 2023, expand in Europe

By Joseph White LAS VEGAS (Reuters) – Chinese electric vehicle brand Zeekr aims to double sales in 2023 to about 140,000 vehicle..

UK’s Prince Harry declines to commit to attending King Charles’ coronation

UK’s Prince Harry declines to commit to attending King Charles’ coronation

LONDON (Reuters) – Prince Harry declined to commit to going to the coronation of his father King Charles, according to a clip fr..

Britain’s Next sees lower profit in 2023 as consumer outlook darkens

Britain’s Next sees lower profit in 2023 as consumer outlook darkens

By James Davey LONDON (Reuters) – Britisah clothing retailer Next forecast lower profit in its 2023-24 year, reflecting uncertai..

Walmart paid most of $1 billion tax for PhonePe shifting base to India

Walmart paid most of $1 billion tax for PhonePe shifting base to India

By Nandan Mandayam BENGALURU (Reuters) – Walmart Inc late on Wednesday confirmed that it had already paid the Indian government ..

With big bets on Musk, these funds may have a Tesla problem in ’23

With big bets on Musk, these funds may have a Tesla problem in ’23

By David Randall NEW YORK (Reuters) – Tesla Inc’s steep sell-off is proving to be an ongoing nightmare for fund managers t..

UK’s December shopper numbers defy inflation and rail strikes hit

UK’s December shopper numbers defy inflation and rail strikes hit

LONDON (Reuters) – Shopper numbers across Britain in December rose 5.8% from November and were up 9.9% compared to 2021 despite ..

Latest ONS labour statistics: There’s still a tough talent landscape, with health and social care levels revealing a need for a new hiring approach

Latest ONS labour statistics: There’s still a tough talent landscape, with health and social care levels revealing a need for a new hiring approach

Responding to the latest labour market data from the Office for National Statistics (ONS), Tania Bowers, Global Public Policy Director..

GE HealthCare rises 8% in market debut, eyes small deals

GE HealthCare rises 8% in market debut, eyes small deals

By Leroy Leo and Kannaki Deka (Reuters) -GE HealthCare Technologies Inc’s shares rose as much as 8.4% in their Nasdaq debut on W..

Emirati FM meets Syria’s Assad in Damascus in further sign of thawing ties

Emirati FM meets Syria’s Assad in Damascus in further sign of thawing ties

BEIRUT (Reuters) – Syrian President Bashar al-Assad received the United Arab Emirates foreign minister in Damascus on Wednesday ..

Stellantis to build U.S. firm Archer’s air taxi, up stake

Stellantis to build U.S. firm Archer’s air taxi, up stake

By Gilles Guillaume PARIS (Reuters) -Carmaker Stellantis will help build Archer Aviation’s electric aircraft and increase its st..

Stocks, bonds extend rally on hopes rate hikes ease

Stocks, bonds extend rally on hopes rate hikes ease

By Lawrence White LONDON/NEW YORK (Reuters) – Shares rose and bonds rallied worldwide on Wednesday as investors tiptoed into the..

Deutsche Bank’s rollercoaster ride towards more stability

Deutsche Bank’s rollercoaster ride towards more stability

(This Dec. 16 story has been refiled to correct currency unit to cents in paragraph 33) By Tom Sims and Marta Orosz FRANKFURT (Reuters..

Dollar jumps, U.S. stocks buck global rally

Dollar jumps, U.S. stocks buck global rally

By Amanda Cooper and Koh Gui Qing LONDON/NEW YORK (Reuters) -The dollar jumped on Tuesday as oil prices sank, while U.S. stocks bucked..

Inflation drives Britain’s record Christmas grocery sales

Inflation drives Britain’s record Christmas grocery sales

By James Davey LONDON (Reuters) – British grocery sales rose 9.4% to a record 12.8 billion pounds ($15.3 billion) in the four we..

Decline in German services sector eases, raising hopes for milder recession -PMI

Decline in German services sector eases, raising hopes for milder recession -PMI

BERLIN (Reuters) – High inflation and economic uncertainty extended a downturn in the German services sector in December, though..

Former astronaut Cunningham, member of first crewed Apollo flight, dies at age 90

Former astronaut Cunningham, member of first crewed Apollo flight, dies at age 90

By Katharine Jackson and Steve Gorman WASHINGTON (Reuters) -Former U.S. astronaut Walter Cunningham, who flew to space aboard Apollo 7..

Britain says it is committed to leading a NATO task force in 2024

Britain says it is committed to leading a NATO task force in 2024

(Reuters) -Britain said on Tuesday it was committed to leading a NATO task force in 2024, dismissing a report by Berlin-based Table.Me..

Rivian stock less bruised than Tesla as both miss EV targets

Rivian stock less bruised than Tesla as both miss EV targets

By Paul Lienert and Akash Sriram (Reuters) – Electric vehicle maker Rivian Automotive barely missed its full-year production tar..