Oil edges higher as halted Libyan exports balance expected OPEC+ supply boost
By Nia Williams and Arunima Kumar (Reuters) -Oil prices edged higher on Monday, recovering some losses from late last week, as ..
Business
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BMW worldwide recalling Mini Cooper SE electric models, company says
BERLIN (Reuters) -German automaker BMW is recalling electric Mini Cooper SE vehicles due to problems in their batteries, which ..
Business
Oil extends losses on weak China data, prospect of higher OPEC+ supply
By Florence Tan SINGAPORE (Reuters) -Oil prices extended losses on Monday on expectations for higher OPEC+ production starting ..
Finance
Exclusive-Intel CEO to pitch board on plans to shed assets, cut costs, source says
By Max A. Cherney and Milana Vinn (Reuters) – Intel CEO Pat Gelsinger and key executives are expected to present a plan l..
News
Intel rises as report of chipmaker exploring options cheers glum investors
(Reuters) -Intel’s shares rose more than 3% in early trading on Friday, as a report of the struggling chipmaker exploring option..
Technology
Oil prices face pressure from slow China demand and inventory rise – Reuters poll
By Anushree Ashish Mukherjee (Reuters) – Analysts have lowered their 2024 oil price outlook due to weak fuel demand from leading..
News
US dollar gains as inflation data backs smaller Fed cut
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar gained on Friday after data showed a key inflation measure came in lin..
Finance
World stocks end turbulent month higher as U.S. inflation data looms
By Naomi Rovnick LONDON (Reuters) – Global stocks rose on Friday and were set for a fourth straight month of gains despite a bou..
Finance
Lowest euro zone inflation in 3 years sets up ECB for cut
By Francesco Canepa and Balazs Koranyi FRANKFURT/TALLINN (Reuters) -Inflation in the euro zone fell to its lowest level in three years..
Business
Exclusive-Amazon turns to Anthropic’s Claude for Alexa AI revamp
By Greg Bensinger SAN FRANCISCO (Reuters) – Amazon’s revamped Alexa due for release in October ahead of the U.S. holiday s..
Technology
Analysis-Sterling’s stunning rally keeps twitchy currency markets on edge
By Naomi Rovnick LONDON (Reuters) – Sterling has hit roughly 2-1/2 years highs against the dollar and is flying high versus the ..
Finance
Europe shrugs off Nvidia chill to eye record high
By Chibuike Oguh NEW YORK (Reuters) -Global shares edged higher on Thursday, shrugging off investor disappointment at artificial intel..
Companies
Analysis-UK reshapes its AI strategy under pressure to cut costs
By Martin Coulter LONDON (Reuters) – Britain’s Labour government is drawing up a new, cost-cutting artificial intelligence strat..
Technology
Nvidia’s rally takes a break after forecasts leave investors nonplussed
By Noel Randewich, Saqib Iqbal Ahmed and Deborah Mary Sophia (Reuters) – Nvidia shares were down about 2% in early trading on Th..
Technology
EU new car sales flat in July as battery-electric slumps, industry body ACEA says
By Alessandro Parodi and Greta Rosen Fondahn (Reuters) -New car sales in the European Union rose 0.2% in July, slowed by declines in F..
Industries
Maersk says ocean shipping’s zero-emissions push needs government support
By Lisa Baertlein LOS ANGELES (Reuters) – The Alette Maersk was the first container vessel powered by low-carbon methanol..
News
Cybercrime and sabotage cost German firms $300 billion in past year
BERLIN (Reuters) – Cybercrime and other acts of sabotage have cost German companies around 267 billion euros ($298 billion) in t..
Technology
US dollar advances on month-end demand; focus on economic data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar gained on Wednesday due to month-end buying and technical factors afte..
Finance
Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup
By Heekyong Yang and Joyce Lee SEOUL (Reuters) -Hyundai Motor said on Wednesday it was targeting annual global sales of 5.55 mi..
News
Social media platform X back up after brief outage, Downdetector shows
(Reuters) -Social media platform X was back up on Tuesday night after an outage that lasted less than an hour, according to out..
Technology
Apple cuts about 100 digital services jobs, Bloomberg News reports
(Reuters) -Apple Inc has eliminated about 100 jobs in its digital services group, with the biggest cuts affecting the team resp..
Top Story
HMD launches Barbie phone in partnership with Mattel
STOCKHOLM (Reuters) – HMD Global, which makes Nokia-branded phones, said it has teamed up with toymaker Mattel to launch ..
Business
Currencies trade in tight range as market awaits more U.S. rate cues
By Brigid Riley (Reuters) -The U.S. dollar held near its lowest level in more than a year against a basket of peers on Wednesda..
Finance
Oil rebounds as geopolitics, demand concerns whipsaw investors
(Reuters) – Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day streak of gains as in..
Finance
Climate campaigners take EU to court over 2030 emissions-cutting rules
By Kate Abnett BRUSSELS (Reuters) – Environmental campaigners have taken the European Commission to court over its emissions rul..
Innovation
US dollar weakens, sterling hits more two-year high
By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Sterling climbed to its highest against the U.S. dollar in more t..
Finance
Exclusive-Intel board member quit after differences over chipmaker’s revival plan
By Max A. Cherney SAN FRANCISCO (Reuters) – The sudden resignation of a high-profile Intel board member came after differences w..
Technology
Analysis-Korea’s birth rate drive struggles to sway ‘YOLO’ generation
By Jihoon Lee, Cynthia Kim and Joyce Lee SEOUL (Reuters) – As South Korea scrambles to halt the sharp decline in its birt..
News
Suspected mpox case at Brazilian airport likely chickenpox, hospital says
SAO PAULO (Reuters) -A suspected case of mpox in a passenger at Brazil’s main international airport is likely chickenpox,..
News
UK shop prices dip for first time in nearly 3 years, survey shows
(Reuters) – British shop prices fell in annual terms this month for the first time since October 2021, pushed down by sum..
Business
Safe-haven yen, US dollar rally on escalating Middle East tension
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rallied from an eight-month low on Monday, while the yen rose a..
Finance
Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance
By Arathy Somasekhar HOUSTON (Reuters) -Oil major Shell on Monday said it plans to shut-in different portions of its Zydeco pip..
Business
Analysis-Astronauts’ plight piles pressure on Boeing’s struggling space unit
By Joey Roulette WASHINGTON (Reuters) – NASA’s decision to send Boeing’s Starliner capsule home without astro..
News
Chip stocks slip, keeping European shares muted ahead of data-heavy week
By Pranav Kashyap and Lisa Pauline Mattackal (Reuters) -European shares were broadly flat in quiet trading on Monday, with semiconduct..
Finance
Aviation regulators press for global efforts to tackle turbulence
By Allison Lampert and Maki Shiraki MONTREAL/TOKYO (Reuters) – Aviation officials from Asia are making a case for global action ..
Industries
Pay gap between bosses and ordinary workers widens in Switzerland
ZURICH (Reuters) -The gap between the highest- and lowest-paid workers in Switzerland widened in 2023, with top managers earning on av..
Business
Stocks edge lower, oil jumps on supply concerns over Mideast, Libya
By Chibuike Oguh and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -World equity markets edged lower on Monday as markets digested the li..
Finance