Tesla cuts U.S. Model S and Model X prices between 4% and 9%
(Reuters) -Tesla Inc has cut prices on its two most expensive electric vehicles in the United States, according to the company’s..
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EU, US working on deal to make EV minerals eligible for tax credits -EU official
By Andrea Shalal and David Shepardson WASHINGTON (Reuters) -The United States and European Union are working toward agreement in princ..
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Offshore crews to strike on BP’s North Sea installations, says Unite
(Reuters) – Nearly 50 offshore workers on several of BP’s North Sea installations have backed strike action in pursuit of a pay ..
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Lufthansa expects further ‘significant improvement’ after return to profit
By Ilona Wissenbach and Joanna Plucinska (Reuters) – Germany’s Lufthansa on Friday delivered an “unprecedented”..
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Oil prices stable, heading for weekly gain
By Shadia Nasralla LONDON (Reuters) -Oil prices held steady on Friday, poised to register a weekly gain as renewed optimism on China&#..
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Euro zone recovery gathers pace, allays fears of recession-PMI
LONDON (Reuters) – The recovery in euro zone business activity gathered pace last month as growth accelerated in the bloc’..
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Morgan Stanley, others now forecast 4% peak for key ECB rate
By Sudip Kar-Gupta (Reuters) -Morgan Stanley and two other investment banks have revised their forecasts for the European Central Bank..
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British property portal Rightmove hikes dividend after annual profit jump
(Reuters) -British real-estate portal Rightmove Plc on Friday raised its final dividend payment and posted a higher annual operating p..
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Latest four-member SpaceX crew docks with International Space Station
By Steve Gorman (Reuters) – A SpaceX Crew Dragon capsule arrived safely at the International Space Station (ISS) early on Friday..
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Credit Suisse offers higher deposit rates in Asia to woo the wealthy – sources
By Selena Li HONG KONG (Reuters) -Credit Suisse is offering higher deposit rates than its rivals to attract new funds from wealthy cli..
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Dollar firms after U.S. labor data suggests more rate hikes
By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The dollar strengthened on Thursday after unemployment claims pointe..
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Britain’s Nationwide curbs cryptocurrency purchases by customers
By Lawrence White and Elizabeth Howcroft LONDON (Reuters) – Britain’s Nationwide Building Society has restricted customers..
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Italy Jan jobless rate edges up to 7.9%, with 35,000 jobs created
ROME (Reuters) – Italy’s unemployment rate rose slightly to 7.9% in January from an unrevised 7.8% the month before, natio..
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Merck KGaA expects 2023 profit to slip as COVID demand wanes
By Ludwig Burger FRANKFURT (Reuters) – Germany’s Merck KGaA on Thursday predicted 2023 earnings would slip due to a declin..
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Covestro sees lower 2023 profit, cash flow as macro challenges prevail
By Bartosz Dabrowski and Andrey Sychev (Reuters) -German chemicals maker Covestro said on Thursday it expected lower core profit and l..
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Budweiser APAC bets on post-COVID China thirst for premium beer
BEIJING (Reuters) – Budweiser Brewing Co APAC, Asia’s largest beer company by sales, said on Thursday it will expand into ..
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Renault, Geely ink pact with Aramco for engine venture
(Reuters) -Oil giant Saudi Aramco has agreed to take a minority stake in a new powertrain engine company that French car maker Renault..
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Australia’s Macquarie explores $6 billion deal for Britain’s M&G, Sky News reports
(Reuters) – Australian investment bank Macquarie Group Ltd is at the early stages of exploring a takeover bid of over 5 billion ..
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Bank finance for cleaner energy grows, but still lags fossil fuels – report
LONDON (Reuters) -Banks gave 81 cents in financing support to low carbon energy supply for every dollar they provided to fossil fuels ..
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At the home of Zara, fast and slow fashion collide
By Corina Pons and Virginia Furness A CORUNA, Spain/LONDON (Reuters) – In Spain’s A Coruna, two contrasting fashion busine..
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Adecco sees signs of a hiring slowdown at start of 2023
By John Revill ZURICH (Reuters) -Adecco said its hiring activity had weakened modestly at the start of 2023 after the staffing company..
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Germany home prices to sink nearly 6% this year – Reuters Poll
By Indradip Ghosh BENGALURU (Reuters) – Home prices in Germany will fall more sharply this year and next than previously thought..
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Japan’s factory output posts biggest fall in 8 months on weak autos, chips sectors
By Kantaro Komiya TOKYO (Reuters) – Japan’s factory output shrank at the fastest pace in eight months in January as declin..
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TD, other banks reach $1.35 billion settlements to end Stanford litigation
By Jonathan Stempel (Reuters) -Three banks agreed to pay $1.35 billion to resolve litigation by former Allen Stanford investors who ac..
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Snowboarding-British teenager Brookes becomes the youngest world champion
(Reuters) – Britain’s Mia Brookes outclassed Olympic gold medallist Zoi Sadowski-Synnott to become the youngest snowboardi..
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SoftBank, Ant seek to sell Paytm stake via open market – ET
(Reuters) -China’s Ant Group and Japan’s SoftBank Group Corp are seeking to sell their stakes in Indian digital payments f..
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Nokia changes iconic logo to signal strategy shift
By Supantha Mukherjee BARCELONA (Reuters) – Nokia announced plans on Sunday to change its brand identity for the first time in n..
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Satellite group SES expects further sales growth in 2023
(Reuters) -Satellite firm SES on Monday forecast further revenue growth in 2023 supported by the commercial launch of a key satellites..
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Dollar gains as higher-for-longer U.S. rate views drive currency markets
By Ankur Banerjee SINGAPORE (Reuters) – The dollar held firm near a seven-week peak on Monday, after a slew of strong U.S. econo..
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Cisco works with Mercedes-Benz to create mobile office
By Supantha Mukherjee BARCELONA (Reuters) – Cisco is working with Mercedes Benz to add its Webex conferencing tools to the dashb..
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Big Tech ‘fair share’ debate set to dominate Barcelona mobile meet
By Supantha Mukherjee, Martin Coulter and Joan Faus BARCELONA (Reuters) -A clash between Big Tech and European Union telecoms firms ov..
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South Korea’s BTS member j-hope begins process to join military
By Hyonhee Shin SEOUL (Reuters) -A second member of Korea’s BTS – the first K-pop band nominated for a Grammy – has ..
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Airbus, Qantas close to first joint sustainable aviation fuel investment
By Jamie Freed MELBOURNE (Reuters) – Airbus SE and Qantas Airways Ltd plan to announce the first investment from a $200 million ..
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SpaceX set to launch next International Space Station crew for NASA
By Joe Skipper and Steve Gorman CAPE CANAVERAL, Fla. (Reuters) – Elon Musk’s rocket company SpaceX was set to launch early..
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Flu experts gather with H5N1 risk on the agenda
By Jennifer Rigby LONDON (Reuters) – The world’s leading experts on influenza met this week to discuss the threat posed to..
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German GDP contracted by 0.4% in the fourth quarter
BERLIN (Reuters) -The German economy contracted at the end of the year, as inflation and the energy crisis took their toll on househol..
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Oil gains as Russian supply cuts temper concerns over rate hikes, high stocks
By Andrew Hayley BEIJING (Reuters) -Oil prices extended gains for a second session on Friday as the prospect of lower exports from Rus..
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