How electric vehicles are accelerating the end of the oil age
By Laura Sanicola (Reuters) – There is plenty of hand-wringing on display at the COP28 climate conference in Dubai about the ..
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EU scientists say 2023 will be warmest year on record globally
(Reuters) -European Union scientists said on Wednesday that 2023 would be the warmest year on record, as global mean temperature fo..
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Analysis-China turbo-charges cobalt mine output despite price crash
By Eric Onstad LONDON (Reuters) – Chinese-owned companies are aggressively expanding cobalt mining in Congo and Indonesia even ..
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German coalition parties at loggerheads as budget crisis grows
By Christian Kraemer and Andreas Rinke BERLIN (Reuters) -Germany’s coalition partners intensified efforts on Wednesday to find a..
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US FTC tries again to stop Microsoft’s already-closed deal for Activision
By Diane Bartz WASHINGTON (Reuters) – U.S. antitrust enforcers will argue on Wednesday that a federal judge got it wrong when s..
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Moody’s cuts China credit outlook, citing lower growth, property risks
(Reuters) – Ratings agency Moody’s cut its outlook on China’s government credit ratings to negative from stable on ..
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Explainer-What new OPEC+ oil output cuts are in place after Thursday deal
By Alex Lawler LONDON (Reuters) -OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels ..
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China Asset Management Co., Ltd. Recognized with Two Key Accolades in the 2023 Global Banking & Finance Awards®
China Asset Management Co., Ltd. (ChinaAMC) continues its streak of excellence. For the fourth consecutive year, Global Banking &..
Investment
Analysis-Schnabel reconciles ECB with markets – until next fight
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s leading hawk Isabel Schnabel has..
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Dollar steady after key jobs data comes in below estimates
By Hannah Lang and Amanda Cooper WASHINGTON/LONDON (Reuters) -The U.S. dollar stood near a one-week high against a basket of currenci..
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COP28 focus on health draws $777 million to fight tropical disease
By Gloria Dickie, Elizabeth Piper and Alexander Cornwell DUBAI (Reuters) -The United Arab Emirates and several charities at the U.N. ..
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Business Hubs Explored: Assessing How Special Economic Zones Benefit Entrepreneurs Globally
Special Economic Zones (SEZs) stand as dynamic catalysts in the global economic landscape, representing designated regions with uniqu..
Business
UK retailers see weak sales growth in November despite Black Friday deals
By Suban Abdulla LONDON (Reuters) -British retail sales growth remained sluggish in November despite Black Friday deals, as the ongoi..
Business
Dollar finds footing ahead of job data deluge
By Amanda Cooper LONDON (Reuters) – The U.S. dollar regained some ground on Tuesday and hovered near a one-week high against a ..
Investment
Fall in euro zone Nov business activity adds to recession expectations -PMI
LONDON (Reuters) – The downturn in euro zone business activity eased last month but still indicates the bloc’s economy wi..
Business
Swathes of Siberia freeze in temperatures below -58 Celsius
YAKUTSK, Russia (Reuters) – Arctic weather enfolded swathes of Russia on Tuesday, with temperatures in the wilds of Siberia fal..
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Dollar gains back ground on rate bets; bitcoin breaches $42,000
By Hannah Lang and Harry Robertson WASHINGTON/LONDON (Reuters) – The dollar ticked higher on Monday, regaining some ground afte..
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Spotify to cut 1,500 jobs in third layoff round this year, shares jump
By Supantha Mukherjee STOCKHOLM (Reuters) – Music streaming giant Spotify said on Monday that it will lay off around 1,500 empl..
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German budget crisis talks enter crunch week
BERLIN (Reuters) – German Chancellor Olaf Scholz, Finance Minister Christian Lindner and Economy Minister Robert Habeck held ta..
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EU auditors warn about worsening competition in public procurement
By Gabriela Baczynska BRUSSELS (Reuters) – Competition in public procurement across the 27 European Union countries worsened ..
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Sweden’s Riksbank says policy must remain tight, can’t rule out hike – minutes
STOCKHOLM (Reuters) – Swedish monetary policy needs to remain tight for some time and the policy rate may need to be raised fur..
Finance
Oil down as uncertainty over OPEC+ supply cuts, demand growth weigh
By Mohi Narayan and Florence Tan NEW DELHI (Reuters) – Oil futures reversed course after rising briefly on Monday amid persiste..
Investment
AI defined 2023. Bullets and ballots will shape 2024
By Simon Robinson (Reuters) – How to sum up the most important news of the year past? The obvious answer in 2023 is to use Arti..
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Analysis-EU’s electric dreams short-circuited by EV charging gridlock
By Julia Payne BRUSSELS (Reuters) – Electric vehicle drivers hoping to top up their batteries at one of Repsol’s 1,600 Sp..
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Market pushback on central banks’ rates view just got louder
By Yoruk Bahceli and Davide Barbuscia LONDON (Reuters) -A big disconnect between financial markets and central banks has just got dee..
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Markets pin hopes on soft landing, with one eye on recession risk
By Yoruk Bahceli, Dhara Ranasinghe and Naomi Rovnick (Reuters) – A stellar rally in equities and bonds suggests market confiden..
Finance
Analysis-Job cuts, lean bonuses loom over Europe’s bankers in 2024
By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) – A mix of global economic unease and geopolitical uncertain..
Business
Marketmind: Markets wary Powell may undermine rate-cut bets
A look at the day ahead in European and global markets from Ankur Banerjee With a blockbuster November in the rear view mirror, inves..
Investment
After Musk tirade, X faces prospect of more advertisers fleeing
By Sheila Dang, Chavi Mehta and Jaspreet Singh (Reuters) -Social media company X faces the prospect of more advertisers fleeing and h..
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Henry Kissinger, American diplomat and Nobel winner, dead at 100
By Steve Holland and Arshad Mohammed WASHINGTON (Reuters) -Henry Kissinger, a diplomatic powerhouse whose roles as a national securit..
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UBS sees shift in new billionaires away from entrepreneurs to inherited wealth
ZURICH (Reuters) – Billionaires increased in numbers and overall wealth last year, Swiss bank UBS said on Thursday, with the fo..
Investment
Public investors with $4.3 trln are down on China but in on net zero
By Libby George and Bansari Mayur Kamdar LONDON (Reuters) – Public pension and sovereign wealth funds managing $4.3 trillion in..
Investment
Exclusive-Four banks quit initiative assessing climate targets-sources
By Tommy Wilkes LONDON (Reuters) -Four major banks, including Standard Chartered Plc and HSBC Plc, have quit a United Nations-backed ..
Finance
The Pink-Haired Oracle Who Listens to the Universe and Empowers Women to Do the Same
By Sarah Manning Women’s intuition is a remarkable gift, often underestimated and underutilized. Sarah Manning, known as the P..
Business
Building Trust: The Cornerstone of Derek Pesta’s Client Relationships
By Derek Pesta Derek Pesta Trust is the foundation of every successful client-advisor relationship in the complicated fi..
Investment
Bridging the Gap between Profession and Passion: Vanessa Valente’s Approach to Social Good
By Vanessa Valente’s Vanessa Valente Combining different interests can lead to unexpected and fulfilling careers, m..
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From Odd Jobs to Insurance Innovation: The Journey of Joseph Gonzalez and Level Up Insurance
Contrast a bustling city with skyscrapers and a small town with a strong connection with nature. Experiencing life from both places p..
Business