News

Euro zone inflation jump cools case for ECB rate cuts

Euro zone inflation jump cools case for ECB rate cuts

FRANKFURT (Reuters) -Euro zone inflation jumped as expected last month, supporting t..

Shipping stocks rise, biggest gainers in Europe at start of 2024

Shipping stocks rise, biggest gainers in Europe at start of 2024

Shipping stocks rise, biggest gainers in Europe at start of 2024 By Samuel Indyk LON..

Spanish regions reintroduce mask wearing in medical centres amid flu spike

Spanish regions reintroduce mask wearing in medical centres amid flu spike

MADRID (Reuters) – Five Spanish regions have announced the reintroduction of ..

Walgreens slashes dividend even as Q1 profit beats estimates

Walgreens slashes dividend even as Q1 profit beats estimates

(Reuters) -U.S. pharmacy chain Walgreens Boots Alliance on Thursday nearly halved it..

German travel industry expects higher revenues, fewer travellers in 2024

German travel industry expects higher revenues, fewer travellers in 2024

(Reuters) – Sustained demand will boost revenues for the German travel indust..

German inflation rises in December due to base effects

German inflation rises in December due to base effects

BERLIN (Reuters) -German inflation rose in December due to base effects, putting a t..

Italy to put Africa development, AI at heart of its G7 presidency

Italy to put Africa development, AI at heart of its G7 presidency

ROME (Reuters) – Supporting African development and tackling the dangers posed..

International crypto exchange

International crypto exchange

In the ever-evolving landscape of cryptocurrency, international crypto exchanges pl..

Euro zone business activity shrank again in Dec, pointing to recession -PMI

Euro zone business activity shrank again in Dec, pointing to recession -PMI

BENGALURU (Reuters) – The contraction in euro zone business activity continued..

French inflation rises 4.1% in December, as expected

French inflation rises 4.1% in December, as expected

PARIS (Reuters) -French consumer prices rose in December in line with expectations, ..

Generative AI’s wild 2023

Generative AI’s wild 2023

By Kenneth Li (Reuters) – ChatGPT was well on its way to becoming a househo..

Tesla delivers record Q4 cars, but China’s BYD steals top EV spot

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 ..

Renewable energy’s share on German power grids reaches 55% in 2023

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..

Oil prices gain 3% on supply concerns after oilfield shutdown in Libya

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 L..

Oil prices settle down 3% as Red Sea shipping disruptions ease

Oil prices settle down 3% as Red Sea shipping disruptions ease

BENGALURU (Reuters) -Oil prices fell 3% on Thursday as more shipping companies said ..

Red Sea shipping workarounds add costs, delays for suppliers, retailers

Red Sea shipping workarounds add costs, delays for suppliers, retailers

LOS ANGELES (Reuters) -Toymaker Basic Fun’s team that oversees ocean shipments..

Dollar hits 5-mth low against euro as Fed seen closer to rate cuts

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 ba..

Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit

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 bi..

Analysis-Italy’s bonds set for plain sailing until possible summer storms

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 favour..

EU to extend emergency gas price cap for another year

EU to extend emergency gas price cap for another year

By Kate Abnett BRUSSELS (Reuters) – The European Union is set to extend its..

Steady hearts, steady hands as Vatican experts restore masterpieces

Steady hearts, steady hands as Vatican experts restore masterpieces

VATICAN CITY (Reuters) – Whenever Alessandra Zarelli, a restorer at the Vatica..

Bank of Spain trims growth outlook for 2024, 2025

Bank of Spain trims growth outlook for 2024, 2025

MADRID (Reuters) -The Bank of Spain on Tuesday lowered the country’s economi..

Dollar jumps vs yen as BOJ sticks with ultra-loose policy

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..

Factbox-Suez disruption: a new inflation risk on the horizon

Factbox-Suez disruption: a new inflation risk on the horizon

FRANKFURT (Reuters) – A lengthy disruption of shipping via the Suez Canal coul..

VW cost-cutting drive includes less staff, faster development

VW cost-cutting drive includes less staff, faster development

VW cost-cutting drive includes less staff, faster development By Victoria Waldersee ..

Factbox-Will Iceland volcano affect flights, what damage could be caused?

Factbox-Will Iceland volcano affect flights, what damage could be caused?

STOCKHOLM (Reuters) – A volcano erupted late on Monday on Iceland’s Rey..

UK to implement carbon levy on imported goods by 2027

UK to implement carbon levy on imported goods by 2027

LONDON (Reuters) -Britain said on Monday it would implement a new import carbon pric..

Explainer-What’s next for the EU AI Act?

Explainer-What’s next for the EU AI Act?

STOCKHOLM/BRUSSELS/LONDON (Reuters) – European Union countries and lawmakers l..

How the world agreed to move away from fossil fuels at COP28

How the world agreed to move away from fossil fuels at COP28

DUBAI (Reuters) – The COP28 climate summit in Dubai started with all the ing..

Italian food historian cooks up carbonara controversy

Italian food historian cooks up carbonara controversy

ROME (Reuters) – Food is a serious business in Italy, part of the national ide..

Air France-KLM raises medium-term profit goal, shares rise

Air France-KLM raises medium-term profit goal, shares rise

By Joanna Plucinska and Tim Hepher (Reuters) -Air France-KLM raised a medium-term p..

Major central banks hold rates steady as markets eye rapid cuts

Major central banks hold rates steady as markets eye rapid cuts

LONDON (Reuters) – Markets think it’s all over. After a lengthy and hist..

EU risks losing ground in EVs without strong industry strategy – ACEA

EU risks losing ground in EVs without strong industry strategy – ACEA

BERLIN (Reuters) – Europe’s electric vehicle (EV) sector risks falling b..

German institutes cut 2024 GDP forecast on uncertainty

German institutes cut 2024 GDP forecast on uncertainty

BERLIN (Reuters) – Three leading German economic institutes cut their 2024 ec..

BP challenges US energy regulator’s oversight of Venture Global LNG plant

BP challenges US energy regulator’s oversight of Venture Global LNG plant

HOUSTON (Reuters) -BP PLC has challenged U.S. energy regulators’ approvals o..

Wall Street inches higher after CPI report, crude slides

Wall Street inches higher after CPI report, crude slides

By Stephen Culp NEW YORK (Reuters) -U.S. stocks inched higher in choppy trading o..

Explainer-How Sweden’s commercial real estate problems could spark financial meltdown

Explainer-How Sweden’s commercial real estate problems could spark financial meltdown

STOCKHOLM (Reuters) – Soaring interest rates and too much debt are weighing do..