Headlines

Europe’s spend on energy crisis nears 800 billion euros

Europe’s spend on energy crisis nears 800 billion euros

By Kate Abnett BRUSSELS (Reuters) – European countries’ bill to shield households and companies from soaring energy costs ..

Sterling edges lower ahead of key data

Sterling edges lower ahead of key data

(Reuters) – Sterling edged lower on Monday at the start of a data-heavy week in which investors will scan inflation prints from ..

A crane, for God’s sake’: Inside the struggles of Turkey’s earthquake response

A crane, for God’s sake’: Inside the struggles of Turkey’s earthquake response

ANTAKYA/ISTANBUL (Reuters) – Kevser said she could hear her two sons trapped beneath the rubble of their collapsed apartment bui..

France leans on retailers to help consumers cope with food prices

France leans on retailers to help consumers cope with food prices

By Dominique Vidalon PARIS (Reuters) -France’s finance minister urged food retailers on Monday to do more to help consumers cope..

Orpea shares jump on Q4 revenue and cash boost

Orpea shares jump on Q4 revenue and cash boost

PARIS (Reuters) – Shares in scandal-hit French care homes group Orpea surged on Monday after the company posted a nearly 8% rise..

Be ‘really, really careful’ on inflation – Bank of England’s Haskel

Be ‘really, really careful’ on inflation – Bank of England’s Haskel

LONDON (Reuters) – Bank of England interest rate-setter Jonathan Haskel said the BoE should be “really, really carefulR..

Charles’s coronation emblem revealed, showing British king’s love of nature

Charles’s coronation emblem revealed, showing British king’s love of nature

The official emblem in English language of the coronation of Britain’s King Charles created by designer Jony Ive is ..

VW to speed up electric shift in five-year plan

VW to speed up electric shift in five-year plan

BERLIN (Reuters) -Volkswagen will speed up its shift to electric cars and revamp its software strategy in a five-year investment plan ..

Yen trims gains as possible next BOJ governor says current policy appropriate

Yen trims gains as possible next BOJ governor says current policy appropriate

By Samuel Indyk LONDON (Reuters) – The yen strengthened on Friday, before trimming some of its gains, after Kazuo Ueda, the figu..

First Abu Dhabi Bank reiterates not eyeing offer for Standard Chartered

First Abu Dhabi Bank reiterates not eyeing offer for Standard Chartered

SINGAPORE (Reuters) – First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, said on Friday it was not curr..

PayPal’s spending warning casts pall over upbeat forecast

PayPal’s spending warning casts pall over upbeat forecast

By Manya Saini and Jaiveer Shekhawat (Reuters) – PayPal Holdings Inc forecast full-year profit above Wall Street estimates on Th..

Britain boosts aid for Syria, Turkey after earthquakes

Britain boosts aid for Syria, Turkey after earthquakes

LONDON (Reuters) – Britain is committing additional funding – at least 3 million pounds ($3.65 million) – to support..

Algeria regains spot as Spain’s top natural gas source -Enagas

Algeria regains spot as Spain’s top natural gas source -Enagas

MADRID (Reuters) – Algeria regained its place as Spain’s main supplier of natural gas in January, providing a quarter of m..

Jewellery maker Pandora to expand lab-made diamond range

Jewellery maker Pandora to expand lab-made diamond range

By James Davey LONDON (Reuters) – Danish jewellery maker Pandora plans to expand its lab-made diamonds product range after custo..

S&P warns of possible economic blow, hit to Japan Inc from BOJ rate hike

S&P warns of possible economic blow, hit to Japan Inc from BOJ rate hike

By Leika Kihara TOKYO (Reuters) – A future Bank of Japan (BOJ) interest rate hike could affect the country’s sovereign deb..

France’s Macron awards Legion of Honour to Ukraine’s Zelenskiy

France’s Macron awards Legion of Honour to Ukraine’s Zelenskiy

PARIS (Reuters) – President Emmanuel Macron has bestowed the Legion of Honour on Ukraine’s leader Volodymyr Zelenskiy duri..

Big Oil doubles profits in blockbuster 2022

Big Oil doubles profits in blockbuster 2022

By Ron Bousso LONDON (Reuters) – Big Oil more than doubled its profits in 2022 to $219 billion, smashing previous records in a y..

Italy’s MPS sees ‘safe habour’ ahead after strong quarter

Italy’s MPS sees ‘safe habour’ ahead after strong quarter

By Valentina Za MILAN (Reuters) -Italian state-owned bank Monte dei Paschi di Siena (MPS) on Wednesday joined peers in solidly beating..

Activision aims to help UK regulator ‘better understand our industry’

Activision aims to help UK regulator ‘better understand our industry’

LONDON (Reuters) – “Call of Duty” maker Activision Blizzard said on Wednesday it hoped it could help Britain’s..

EU considers ban on ‘forever chemicals’, urges search for alternatives

EU considers ban on ‘forever chemicals’, urges search for alternatives

By Ludwig Burger (Reuters) -The European Union on Tuesday started to consider a proposal to ban widely used, potentially harmful subst..

From boom to bottom and now big change: Renault and Nissan reshape alliance

From boom to bottom and now big change: Renault and Nissan reshape alliance

PARIS/TOKYO (Reuters) – French carmaker Renault and its Japanese partner Nissan announced a deal on Monday to redesign their dec..

Turkey quake kills 912 in historic disaster, Erdogan says

Turkey quake kills 912 in historic disaster, Erdogan says

ANKARA (Reuters) – At least 912 people were killed and more than 5,000 injured when a magnitude-7.8 earthquake struck southern T..

Euro zone inflation seen just above ECB’s target in 2025, poll shows

Euro zone inflation seen just above ECB’s target in 2025, poll shows

FRANKFURT (Reuters) – Euro zone inflation is set to decline to 2.1% in 2025, just a shade above the European Central Bank’..

Kering recruits Estee Lauder exec for push into cosmetics

Kering recruits Estee Lauder exec for push into cosmetics

PARIS (Reuters) – French luxury goods group Kering said Friday it was entering the cosmetics business, with the announcement tha..

Lockmaker Assa Abloy boosts dividend, but wary on outlook

Lockmaker Assa Abloy boosts dividend, but wary on outlook

STOCKHOLM (Reuters) -Assa Abloy, the world’s biggest lockmaker, raised its dividend more than expected as it met quarterly profi..

TomTom raises 2023 revenue outlook as automotive drives Q4 beat

TomTom raises 2023 revenue outlook as automotive drives Q4 beat

By Federica Mileo (Reuters) -Dutch navigation and digital mapping company TomTom raised its 2023 revenue forecast on Friday, after pos..

France seeks strategy as nuclear waste site risks saturation point

France seeks strategy as nuclear waste site risks saturation point

By Benjamin Mallet LA HAGUE, France (Reuters) – At a nuclear waste site in Normandy, robotic arms guided by technicians behind a..

Tech earnings hit pause button on market rally

Tech earnings hit pause button on market rally

By Caroline Valetkevitch and Herbert Lash (Reuters) – Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message..

Billionaire Cohen builds stake in Nordstrom, urges board shakeup

Billionaire Cohen builds stake in Nordstrom, urges board shakeup

By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Ryan Cohen is building a large stake in Nordstrom Inc and plans to pus..

Ford posts lower profit, issues downbeat outlook; shares drop

Ford posts lower profit, issues downbeat outlook; shares drop

By Joseph White and Paul Lienert DETROIT (Reuters) -Ford Motor Co on Thursday said quarterly profits fell and the automaker predicted ..

Oil slumps on economic data, stronger U.S. dollar

Oil slumps on economic data, stronger U.S. dollar

By Laila Kearney NEW YORK (Reuters) -Oil prices settled lower on Thursday as U.S. industrial-linked factory orders dipped, while the d..

Roche flags 2023 earnings decline on slump in COVID products

Roche flags 2023 earnings decline on slump in COVID products

By Ludwig Burger BASEL (Reuters) – Roche warned of a decline in 2023 earnings, as revenue growth from new drugs, including its h..

Exclusive: Volvo readies EV blitz in biggest product revamp under Geely

Exclusive: Volvo readies EV blitz in biggest product revamp under Geely

By Norihiko Shirouzu (Reuters) – Volvo Cars is gearing up for an electric blitz to convert all its mainstay models – three..

UK and EU reach post-Brexit customs deal for N.Ireland-The Times

UK and EU reach post-Brexit customs deal for N.Ireland-The Times

LONDON (Reuters) -Britain and the European Union have struck a customs deal that could help end post-Brexit wrangling over Northern Ir..

Asia’s factory activity contracts despite China’s COVID reopening

Asia’s factory activity contracts despite China’s COVID reopening

By Leika Kihara TOKYO (Reuters) – Asia’s factory activity contracted in January as the boost from China’s COVID reop..

UK shop price inflation hits record 8% in January: BRC

UK shop price inflation hits record 8% in January: BRC

By David Milliken LONDON (Reuters) – Prices in British shops in January were 8.0% higher than a year before, the biggest annual ..

Wage data dents dollar recovery before Fed rate decision

Wage data dents dollar recovery before Fed rate decision

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday, giving up earlier gains, after data showed U.S. labor costs i..