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,..
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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..
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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..
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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..
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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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Italian food historian cooks up carbonara controversy
ROME (Reuters) – Food is a serious business in Italy, part of the national identity, as illustrated by a row that has broken out..
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Air France-KLM raises medium-term profit goal, shares rise
By Joanna Plucinska and Tim Hepher (Reuters) -Air France-KLM raised a medium-term profitability goal and sped up transformation effor..
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Major central banks hold rates steady as markets eye rapid cuts
LONDON (Reuters) – Markets think it’s all over. After a lengthy and historic monetary tightening campaign to battle high i..
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Instant view: BoE keeps interest rates at 15-year high, says rates to stay high
LONDON (Reuters) – The Bank of England kept its key interest rate at a 15-year high of 5.25% on Thursday and said British intere..
Finance
EU risks losing ground in EVs without strong industry strategy – ACEA
BERLIN (Reuters) – Europe’s electric vehicle (EV) sector risks falling behind without a robust EU industrial strategy, aut..
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German institutes cut 2024 GDP forecast on uncertainty
BERLIN (Reuters) – Three leading German economic institutes cut their 2024 economic growth forecasts on Thursday, saying consum..
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BP challenges US energy regulator’s oversight of Venture Global LNG plant
HOUSTON (Reuters) -BP PLC has challenged U.S. energy regulators’ approvals of a Venture Global LNG liquefied natural gas expor..
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Wall Street inches higher after CPI report, crude slides
By Stephen Culp NEW YORK (Reuters) -U.S. stocks inched higher in choppy trading on Tuesday and the dollar dipped after a crucial re..
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Explainer-How Sweden’s commercial real estate problems could spark financial meltdown
STOCKHOLM (Reuters) – Soaring interest rates and too much debt are weighing down Sweden’ commercial real estate firms, mak..
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Wall Street subdued, gold slides ahead of CPI, Fed
By Stephen Culp NEW YORK (Reuters) -U.S. stocks were muted and gold slid on Wednesday, as investors bided their time ahead of crucial..
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Europe agrees landmark AI regulation deal
By Foo Yun Chee, Martin Coulter and Supantha Mukherjee BRUSSELS/LONDON/STOCKHOLM (Reuters) – Europe on Friday reached a provisi..
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German 2024 budget could be ready soon – Scholz
BERLIN (Reuters) -Germany’s coalition partners could soon finalise a draft budget for 2024, Chancellor Olaf Scholz said on Monda..
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