German travel industry expects higher revenues, fewer travellers in 2024
(Reuters) – Sustained demand will boost revenues for the German travel industry this year, but the number of travellers is like..
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German inflation rises in December due to base effects
BERLIN (Reuters) -German inflation rose in December due to base effects, putting a temporary halt on the downward trend seen in the la..
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Italy to put Africa development, AI at heart of its G7 presidency
ROME (Reuters) – Supporting African development and tackling the dangers posed by artificial intelligence (AI) will be two key t..
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Crisis management strategies
In today’s dynamic business landscape, crises can strike unexpectedly, posing significant threats to an organization’s rep..
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International crypto exchange
In the ever-evolving landscape of cryptocurrency, international crypto exchanges play a pivotal role in facilitating the buying, sell..
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Euro zone business activity shrank again in Dec, pointing to recession -PMI
BENGALURU (Reuters) – The contraction in euro zone business activity continued at the end of 2023 due to a persistent downturn i..
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French inflation rises 4.1% in December, as expected
PARIS (Reuters) -French consumer prices rose in December in line with expectations, preliminary data from the national statistics body..
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Generative AI’s wild 2023
By Kenneth Li (Reuters) – ChatGPT was well on its way to becoming a household name even before 2023 kicked off. Just weeks af..
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Tesla delivers record Q4 cars, but China’s BYD steals top EV spot
By Akash Sriram (Reuters) -Tesla delivered a record number of electric vehicles in the fourth quarter, beating market estimates and m..
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Renewable energy’s share on German power grids reaches 55% in 2023
FRANKFURT (Reuters) -The share of renewables on Germany’s power grids rose by 6.6 percentage points to 55% of the total last ye..
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Oil prices gain 3% on supply concerns after oilfield shutdown in Libya
NEW YORK (Reuters) -Oil prices climbed about 3% on Wednesday after a disruption at Libya’s top oilfield added to fears that tens..
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Global stocks retreat, Treasury yields rise as rate cut optimism fades
By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) -Stocks on Wall Street and in Europe fell on Tuesday, along with pri..
Finance
Japan quake toll rises to 55 with many trapped under possibly thousands of homes
WAJIMA, Japan (Reuters) – A powerful earthquake that hit Japan on New Year’s Day killed at least 55 people, with rescue te..
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Best international business schools
In an increasingly interconnected global business landscape, pursuing an education in international business is a strategic move for ..
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Benefits of international trade
In a rapidly globalizing world, international trade has become the lifeblood of economies, connecting nations and fostering economic g..
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Oil prices settle down 3% as Red Sea shipping disruptions ease
BENGALURU (Reuters) -Oil prices fell 3% on Thursday as more shipping companies said they were ready to transit the Red Sea route, easi..
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Red Sea shipping workarounds add costs, delays for suppliers, retailers
LOS ANGELES (Reuters) -Toymaker Basic Fun’s team that oversees ocean shipments of Tonka trucks and Care Bears for Walmart and ot..
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Dollar hits 5-mth low against euro as Fed seen closer to rate cuts
NEW YORK (Reuters) -The dollar slipped to a five-month low against the euro and a basket of currencies on Wednesday on expectations th..
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UK recession might be under way after economy shrinks in Q3
LONDON (Reuters) -Britain’s economy might be in a recession, according to data that showed it shrank between July and September,..
Finance
Cybertruck designer says Tesla stainless steel pickup is no experiment
LOS ANGELES (Reuters) – The angular, polarizing design of the Cybertruck will help boost the Tesla brand, the electric vehicle m..
Innovation
Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit
(Reuters) – Canada on Thursday approved Royal Bank of Canada’s C$13.5 billion dollars ($10.2 billion) acquisition of HSBC&..
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Dealmakers see rebound after global M&A volumes hit decade-low
NEW YORK (Reuters) – Mergers and acquisitions (M&A) activity fell to its lowest level in ten years globally in 2023, as high..
Business
Analysis-Italy’s bonds set for plain sailing until possible summer storms
By Sara Rossi MILAN (Reuters) – The first half of next year will offer favourable conditions for Italian government bonds after..
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EU to extend emergency gas price cap for another year
By Kate Abnett BRUSSELS (Reuters) – The European Union is set to extend its emergency cap on gas prices for another 12 months..
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Steady hearts, steady hands as Vatican experts restore masterpieces
VATICAN CITY (Reuters) – Whenever Alessandra Zarelli, a restorer at the Vatican Museums, works on a masterpiece by an artist suc..
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Bank of Spain trims growth outlook for 2024, 2025
MADRID (Reuters) -The Bank of Spain on Tuesday lowered the country’s economic growth outlook for 2024 and 2025, citing slowing..
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Dollar jumps vs yen as BOJ sticks with ultra-loose policy
NEW YORK (Reuters) -The U.S. dollar jumped against the yen on Tuesday after the Bank of Japan gave no sign that its ultra-loose moneta..
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Factbox-Suez disruption: a new inflation risk on the horizon
FRANKFURT (Reuters) – A lengthy disruption of shipping via the Suez Canal could push up prices and weigh on economic growth, par..
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VW cost-cutting drive includes less staff, faster development
VW cost-cutting drive includes less staff, faster development By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Volkswagen a..
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Factbox-Will Iceland volcano affect flights, what damage could be caused?
STOCKHOLM (Reuters) – A volcano erupted late on Monday on Iceland’s Reykjanes peninsula, spewing lava and smoke across a ..
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Biggest problems in the world
In an era marked by technological advancements and global connectivity, the world faces an array of challenges that demand our collect..
Innovation
Challenges of international business
In an era of unprecedented connectivity and globalization, businesses are increasingly expanding their horizons beyond domestic border..
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Kenya, EU advance economic partnership agreement to boost trade
NAIROBI (Reuters) – Kenya and the European Union moved closer to sealing an Economic Partnership Agreement that will grant the E..
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UK to implement carbon levy on imported goods by 2027
LONDON (Reuters) -Britain said on Monday it would implement a new import carbon pricing mechanism by 2027, with goods imported from co..
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Markets outpace central banks as rate cut bets fuel ‘everything rally’
LONDON (Reuters) -Markets have raced ahead of the U.S., euro zone and UK central banks to price in sizeable and frenetic interest rate..
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Explainer-What’s next for the EU AI Act?
STOCKHOLM/BRUSSELS/LONDON (Reuters) – European Union countries and lawmakers last week agreed a provisional deal for artificial ..
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How the world agreed to move away from fossil fuels at COP28
DUBAI (Reuters) – The COP28 climate summit in Dubai started with all the ingredients for spectacular failure: It proposed an e..
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