News

Dollar slips, while yuan slumps on COVID unrest in China

Dollar slips, while yuan slumps on COVID unrest in China

By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) – The dollar weakened on Monday as investors weighed up the recent dro..

UK to launch new billion-pound home insulation programme

UK to launch new billion-pound home insulation programme

LONDON (Reuters) – Britain’s government intends to make 1 billion pounds ($1.2 billion) of public funding available for ho..

Prague Christmas market returns after COVID but with fewer lights

Prague Christmas market returns after COVID but with fewer lights

PRAGUE (Reuters) – Thousands of people poured into Prague’s medieval Old Town Square at the weekend for the lighting of a ..

UK to fine tech companies that fail to remove self-harm material

UK to fine tech companies that fail to remove self-harm material

By David Milliken LONDON (Reuters) – Britain’s government intends to make it illegal to encourage others to harm themselve..

Airbus may delay some 2023 jet deliveries: sources

Airbus may delay some 2023 jet deliveries: sources

By Tim Hepher PARIS (Reuters) – Airbus is preparing the ground for further delays to planned delivery dates of some medium-haul ..

Credit Agricole is weighing foray into German car-sharing: media report

Credit Agricole is weighing foray into German car-sharing: media report

FRANKFURT (Reuters) – French bank Credit Agricole is weighing plans to offer car-sharing financial services in Germany because t..

OPEC+ meeting to take into account market conditions – Iraqi official

OPEC+ meeting to take into account market conditions – Iraqi official

CAIRO (Reuters) – The OPEC+ meeting in December will take into account the condition and balance of the market, Iraq’s sta..

EU demands quick fix from U.S. of green subsidy law

EU demands quick fix from U.S. of green subsidy law

By Philip Blenkinsop BRUSSELS (Reuters) – European Union ministers warned on Friday that time was running out to resolve differe..

Cost-of-living crisis casts shadow over Europe’s Black Friday

Cost-of-living crisis casts shadow over Europe’s Black Friday

By James Davey LONDON (Reuters) – Europe’s retailers are hoping Black Friday discount day will get shoppers spending, thou..

Soccer-Manchester United fans want more say under any new owners

Soccer-Manchester United fans want more say under any new owners

By Alan Baldwin (Reuters) -Manchester United needs new owners and fresh investment to halt years of decline and fans should be given a..

German regulator stays vigilant as Meta changes VR headset rules

German regulator stays vigilant as Meta changes VR headset rules

BERLIN (Reuters) – Facebook’s parent company Meta Platforms has responded to the German cartel office’s concerns by ..

Telecoms group Orange signs sustainability-linked refinancing of 6 billion euros syndicated credit facility

Telecoms group Orange signs sustainability-linked refinancing of 6 billion euros syndicated credit facility

PARIS (Reuters) – Orange, France’s biggest telecoms group, said on Wednesday it had signed an agreement for a sustainabili..

Factbox-U.S. offers new details on plan to cap Russian oil prices

Factbox-U.S. offers new details on plan to cap Russian oil prices

(Reuters) -New guidance issued by the U.S. Treasury adds more detail to a complex plan by the European Union, G7 nations and Australia..

Volkswagen strikes below-inflation wage deal, continues German trend

Volkswagen strikes below-inflation wage deal, continues German trend

By Jan Schwartz HAMBURG (Reuters) -Volkswagen on Wednesday agreed a two-year wage deal for workers at its western German factories, of..

Italy’s A2A trims green investment plan citing economy, volatile markets

Italy’s A2A trims green investment plan citing economy, volatile markets

(Reuters) -Italy’s largest regional utility A2A on Tuesday scaled back its investments aimed at reducing its carbon footprint, a..

Britain’s Halfords targets retirees in recruitment drive

Britain’s Halfords targets retirees in recruitment drive

LONDON (Reuters) – Halfords is aiming to recruit 1,000 new technicians over the next 12 months by attracting retirees to work in..

Glencore to sell Australian copper mine to SPAC for $1.1 billion

Glencore to sell Australian copper mine to SPAC for $1.1 billion

(Reuters) – Glencore said on Wednesday that blank-check firm Metal Acquisition Corp (MAC) agreed to an amended agreement to buy ..

German residential property market faces risk of price drop – DIW study

German residential property market faces risk of price drop – DIW study

BERLIN (Reuters) – The German residential property market faces a growing risk of price corrections, the DIW research institute ..

HP to cut about 12% jobs by end of fiscal 2025

HP to cut about 12% jobs by end of fiscal 2025

(Reuters) -HP Inc said on Tuesday it expects to cut up to 6,000 jobs by the end of fiscal 2025, or about 12% of its global workforce, ..

Analysis-At World Cup, Saudi crown prince moves back on to global stage

Analysis-At World Cup, Saudi crown prince moves back on to global stage

By Angus McDowall and Maya Gebeily DOHA (Reuters) – When Saudi Arabian Crown Prince Mohammed bin Salman took his seat next to th..

UK investigating Apple, Google mobile browser dominance

UK investigating Apple, Google mobile browser dominance

By Paul Sandle and Pushkala Aripaka LONDON (Reuters) -Britain’s competition watchdog on Tuesday launched an in-depth investigati..

First nationwide map of Italy’s fascist monuments goes online

First nationwide map of Italy’s fascist monuments goes online

By Alvise Armellini ROME (Reuters) – More than 1,400 monuments, street signs and plaques honouring fascism have been put online ..

UK says Baker Hughes-Altus deal may hurt competition in oil well services

UK says Baker Hughes-Altus deal may hurt competition in oil well services

(Reuters) – Britain’s competition watchdog said on Tuesday U.S.-listed oilfield services firm Baker Hughes Co’s acqu..

Equinor evaluating impact of British windfall tax on projects

Equinor evaluating impact of British windfall tax on projects

By Ron Bousso LONDON (Reuters) -Norwegian oil company Equinor said on Tuesday it is evaluating the impact of Britain’s windfall ..

Suedzucker expects to raise its sugar prices again next year

Suedzucker expects to raise its sugar prices again next year

By Maytaal Angel LONDON (Reuters) -Europe’s largest sugar producer Suedzucker is set to bump up sugar prices again next year as ..

Zoom shares down 90% from peak as pandemic boom fades

Zoom shares down 90% from peak as pandemic boom fades

By Aditya Soni and Chavi Mehta (Reuters) – Shares of Zoom Video Communications Inc have tumbled about 90% from their pandemic pe..

End of cheap money for U.S. farmers plows trouble into food production

End of cheap money for U.S. farmers plows trouble into food production

By P.J. Huffstutter and Bianca Flowers CHICAGO (Reuters) – Montana farmer Sarah Degn had big plans to invest the healthy profits..

UK businesses call for looser immigration rules to boost growth

UK businesses call for looser immigration rules to boost growth

LONDON (Reuters) – Britain should create a programme of temporary work visas to boost economic growth and also resolve a dispute..

Lufthansa launches drive to hire 20,000 employees

Lufthansa launches drive to hire 20,000 employees

BERLIN (Reuters) – Deutsche Lufthansa said it planned to hire 20,000 new employees as the German flagship airline launched a rec..

Virgin Money shares leap on higher profit, investor payouts

Virgin Money shares leap on higher profit, investor payouts

By Iain Withers LONDON (Reuters) -Shares in British lender Virgin Money leapt 16% on Monday after it reported a jump in full-year prof..

StanChart sees Asia, Middle East as bright spots in weak global economy

StanChart sees Asia, Middle East as bright spots in weak global economy

By Anshuman Daga SINGAPORE (Reuters) – Standard Chartered expects Asia and the Middle East to outperform other regions even as s..

Nestle’s Nespresso to sell paper-based compostable coffee pods

Nestle’s Nespresso to sell paper-based compostable coffee pods

ZURICH (Reuters) – Nestle’s Nespresso coffee business is launching paper-based compostable capsules to attract customers p..

Contract caterer Compass expects 2023 profit growth to top 20%

Contract caterer Compass expects 2023 profit growth to top 20%

(Reuters) – Contract caterer Compass Group on Monday forecast its profit growth to be more than 20% in 2023 and margins to be ab..

In a stadium of their own, migrant workers say their sweat made World Cup happen

In a stadium of their own, migrant workers say their sweat made World Cup happen

By Maya Gebeily and Charlotte Bruneau DOHA (Reuters) -Taking selfies from the stands and sitting on the grassy pitch, thousands of mig..

Younger Chinese are spurning factory jobs that power the economy

Younger Chinese are spurning factory jobs that power the economy

By David Kirton SHENZHEN (Reuters) – Growing up in a Chinese village, Julian Zhu only saw his father a few times a year when he ..

Chinese carmakers target more European sales with five-star EVs

Chinese carmakers target more European sales with five-star EVs

By Nick Carey SOLIHULL, England (Reuters) – Chinese electric vehicle (EV) makers have set their sights on winning over European ..

Irish consumer sentiment dips slightly on tech job losses

Irish consumer sentiment dips slightly on tech job losses

DUBLIN (Reuters) – Irish consumer sentiment dipped slightly in November as people grew concerned about job losses in the country..