Britain’s Next sees lower profit in 2023 as consumer outlook darkens
By James Davey LONDON (Reuters) – Britisah clothing retailer Next forecast lower profit in its 2023-24 year, reflecting uncertai..
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Walmart paid most of $1 billion tax for PhonePe shifting base to India
By Nandan Mandayam BENGALURU (Reuters) – Walmart Inc late on Wednesday confirmed that it had already paid the Indian government ..
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With big bets on Musk, these funds may have a Tesla problem in ’23
By David Randall NEW YORK (Reuters) – Tesla Inc’s steep sell-off is proving to be an ongoing nightmare for fund managers t..
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UK’s December shopper numbers defy inflation and rail strikes hit
LONDON (Reuters) – Shopper numbers across Britain in December rose 5.8% from November and were up 9.9% compared to 2021 despite ..
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GE HealthCare rises 8% in market debut, eyes small deals
By Leroy Leo and Kannaki Deka (Reuters) -GE HealthCare Technologies Inc’s shares rose as much as 8.4% in their Nasdaq debut on W..
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Emirati FM meets Syria’s Assad in Damascus in further sign of thawing ties
BEIRUT (Reuters) – Syrian President Bashar al-Assad received the United Arab Emirates foreign minister in Damascus on Wednesday ..
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Stellantis to build U.S. firm Archer’s air taxi, up stake
By Gilles Guillaume PARIS (Reuters) -Carmaker Stellantis will help build Archer Aviation’s electric aircraft and increase its st..
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Stocks, bonds extend rally on hopes rate hikes ease
By Lawrence White LONDON/NEW YORK (Reuters) – Shares rose and bonds rallied worldwide on Wednesday as investors tiptoed into the..
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Deutsche Bank’s rollercoaster ride towards more stability
(This Dec. 16 story has been refiled to correct currency unit to cents in paragraph 33) By Tom Sims and Marta Orosz FRANKFURT (Reuters..
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Dollar jumps, U.S. stocks buck global rally
By Amanda Cooper and Koh Gui Qing LONDON/NEW YORK (Reuters) -The dollar jumped on Tuesday as oil prices sank, while U.S. stocks bucked..
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Inflation drives Britain’s record Christmas grocery sales
By James Davey LONDON (Reuters) – British grocery sales rose 9.4% to a record 12.8 billion pounds ($15.3 billion) in the four we..
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Decline in German services sector eases, raising hopes for milder recession -PMI
BERLIN (Reuters) – High inflation and economic uncertainty extended a downturn in the German services sector in December, though..
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Former astronaut Cunningham, member of first crewed Apollo flight, dies at age 90
By Katharine Jackson and Steve Gorman WASHINGTON (Reuters) -Former U.S. astronaut Walter Cunningham, who flew to space aboard Apollo 7..
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Britain says it is committed to leading a NATO task force in 2024
(Reuters) -Britain said on Tuesday it was committed to leading a NATO task force in 2024, dismissing a report by Berlin-based Table.Me..
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Rivian stock less bruised than Tesla as both miss EV targets
By Paul Lienert and Akash Sriram (Reuters) – Electric vehicle maker Rivian Automotive barely missed its full-year production tar..
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PM Rishi Sunak sets out priorities for Britain, responds to critics
By Elizabeth Piper LONDON (Reuters) – British Prime Minister Rishi Sunak will set out his priorities for 2023 on Wednesday, usin..
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Most EU countries back COVID pre-departure testing for flights from China
BRUSSELS (Reuters) -Most European Union countries favour introducing pre-departure COVID testing for travellers from China, the Europe..
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Blackstone offers backstop to lure University of California in redemption-stricken REIT
By Chibuike Oguh (Reuters) -Blackstone Inc on Tuesday said it had secured a $4 billion investment from the University of California in..
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Microsoft videogame testers form company’s first U.S. union
By Daniel Wiessner (Reuters) -A group of about 300 videogame testers at Microsoft Corp subsidiary Zenimax Studios have voted to unioni..
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French watchdog fines H2O Asset Management, executives over Tennor investments
(Reuters) – France’s financial markets watchdog AMF said on Tuesday it had fined H2O Asset Management and two of its manag..
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French energy suppliers will let struggling bakers renegotiate contracts – Le Maire
By Dominique Vidalon PARIS (Reuters) -France’s energy suppliers have agreed to allow the country’s trademark bakeries to r..
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Dollar jumps, euro dips before Fed minutes
By Karen Brettell NEW YORK (Reuters) – The greenback jumped on Tuesday before the Federal Reserve on Wednesday releases minutes ..
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Startups spring from ashes of Big Tech purge
By Supantha Mukherjee, Martin Coulter and Krystal Hu (Reuters) – Nic Szerman lost his job at Meta Platforms in November, just tw..
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Oil stocks thrust London shares to positive 2023 start
By Shashwat Chauhan (Reuters) – UK’s exporter-heavy FTSE 100 jumped to a seven-month high on Tuesday as oil stocks rallied..
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Inflation in key German states eases for second month
BERLIN (Reuters) – Inflation in five key German states eased for a second month in a row in December, indicating national inflat..
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Aldi UK says December sales up 26%
LONDON (Reuters) -The British arm of German discount supermarket group Aldi said its sales in December rose 26% compared to the previo..
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UK’s Cineworld to not sell assets individually, denies talks with AMC
(Reuters) -Cineworld, the British cinema operator in bankruptcy proceedings, said on Tuesday it would not sell any of its assets indiv..
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Asia shares weigh China risks, yen hits 6-month high
By Wayne Cole SYDNEY (Reuters) – Asian shares recovered from early losses on Tuesday as investors weighed the near-term costs of..
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WHO urges China to share specific data regularly on COVID situation
(Reuters) -The World Health Organization on Friday once again urged China’s health officials to regularly share specific and rea..
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Jeremy Renner, Marvel’s Hawkeye, has surgery after snow plow accident
(This Jan. 2 story has been refiled to change wording in the second paragraph and remove repeated word in the final paragraph) By Kani..
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Exclusive-World Bank seeks more funds to address climate change, other crises -document
By David Lawder WASHINGTON (Reuters) – The World Bank is seeking to vastly expand its lending capacity to address climate change..
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China arrivals in UK next week will not face compulsory COVID tests -Independent
(Reuters) – Passengers from China who arrive in the United Kingdom next week will not face compulsory COVID-19 tests on arrival,..
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Dollar creeps up in subdued start to new year
By Dhara Ranasinghe LONDON (Reuters) -The dollar edged up on Monday, pulling away from recent six-month lows against a basket of major..
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Italy’s Eni sets up sustainable transport services company
MILAN (Reuters) – Italian energy group Eni said on Monday it had set up a new company dedicated to sustainable transport, which ..
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Rheinmetall wins quarter-billion euro order for e-vehicle parts
(Reuters) – Germany’s Rheinmetall has won an order worth more than a quarter billion euros in the electromobility segment,..
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By Nell Mackenzie (Reuters) – Stock markets edged higher, European bond yields dropped and the dollar remained firm in light tra..
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Polish regulator accuses T-Mobile of misleading advertising
WARSAW (Reuters) – Polish regulator UOKiK has accused the Polish unit of T-Mobile of misleading advertising relating to a free m..
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