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Dollar soars to two-decade high as Putin shakes FX market ahead of Fed

Dollar soars to two-decade high as Putin shakes FX market ahead of Fed

By Dhara Ranasinghe and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The dollar surged to a new two-decade high on Wedne..

Britain proposes insurance shake-up after Grenfell Tower fire

Britain proposes insurance shake-up after Grenfell Tower fire

By Huw Jones LONDON (Reuters) – Britain’s financial watchdog has proposed reforming how apartment blocks are insured after..

UniCredit focused on “internal delivery”, open to M&A in all its markets

UniCredit focused on “internal delivery”, open to M&A in all its markets

ROME (Reuters) – UniCredit is focused on delivering targets set under its business plan, though it remains ready to seize M&..

European governments spend half a trillion euros on energy crisis – report

European governments spend half a trillion euros on energy crisis – report

By Kate Abnett BRUSSELS (Reuters) -Governments in Europe have earmarked nearly 500 billion euros in the last year to cushion citizens ..

Oil prices down, investors expect big Fed rate hike

Oil prices down, investors expect big Fed rate hike

By David Gaffen NEW YORK (Reuters) -Oil prices dipped on Tuesday, following other risk assets lower, as the dollar stayed strong and i..

ECB’s Lagarde raises prospect of rate hikes beyond neutral level

ECB’s Lagarde raises prospect of rate hikes beyond neutral level

FRANKFURT (Reuters) -The European Central Bank may need to raise interest rates to a level that restricts economic growth in order to ..

YouTube in challenge to TikTok to give Shorts creators 45% of ad sales

YouTube in challenge to TikTok to give Shorts creators 45% of ad sales

By Dawn Chmielewski and Paresh Dave LOS ANGELES (Reuters) -YouTube unveiled a new way for creators to make money on short-form video, ..

Sovereign bond yields not yet reached a summit – Reuters poll

Sovereign bond yields not yet reached a summit – Reuters poll

By Hari Kishan BENGALURU (Reuters) – The latest turmoil in major sovereign debt markets is far from over as bond strategists in ..

Swiss gold exports to China slow but shipments to Turkey surge

Swiss gold exports to China slow but shipments to Turkey surge

LONDON (Reuters) – Swiss exports of gold to China fell in August from July’s 5-1/2-year high, while shipments to Turkey ro..

Elon Musk faces skeptics as Tesla gets ready to unveil ‘Optimus’ robot

Elon Musk faces skeptics as Tesla gets ready to unveil ‘Optimus’ robot

By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla Chief Executive Elon Musk blamed overreliance on factory robots for sending the e..

Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge

Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge

By Medha Singh and Lisa Pauline Mattackal (Reuters) – The Merge came, saw and conquered. Not that you’d guess from crypto ..

Norway’s wealth fund tells firms to set net zero emission goals

Norway’s wealth fund tells firms to set net zero emission goals

By Victoria Klesty OSLO (Reuters) – Norway’s $1.2 trillion wealth fund, one of the world’s largest investors, said o..

British monarchy’s fashion mantle passes to younger generation

British monarchy’s fashion mantle passes to younger generation

By Mimosa Spencer and Richa Naidu PARIS/LONDON (Reuters) – The death of Queen Elizabeth II marks a shift in the relationship bet..

Huge crowds follow queen’s funeral in silence and awe

Huge crowds follow queen’s funeral in silence and awe

By Andrew MacAskill and Stephen Farrell LONDON (Reuters) -The tens of thousands gathered in central London for the funeral of Queen El..

Queen Elizabeth’s coffin starts journey to final resting place

Queen Elizabeth’s coffin starts journey to final resting place

By Michael Holden, Kate Holton and Andrew MacAskill LONDON (Reuters) -King Charles, his sons William and Harry and other senior royals..

Royals’ grief for queen shows through ceremonial pageantry

Royals’ grief for queen shows through ceremonial pageantry

By Estelle Shirbon LONDON (Reuters) -Queen Elizabeth’s closest relatives were ashen-faced at her funeral https://www.reuters.com..

World leaders to attend Queen Elizabeth’s funeral

World leaders to attend Queen Elizabeth’s funeral

LONDON (Reuters) – Queen Elizabeth’s state funeral will take place in London on Monday and a host of world leaders, royalt..

The life and death of Queen Elizabeth

The life and death of Queen Elizabeth

LONDON (Reuters) – Queen Elizabeth, Britain’s longest-reigning monarch and the nation’s figurehead for seven decades..

Kenya’s women leaders look to new president to keep his promises

Kenya’s women leaders look to new president to keep his promises

By Ayenat Mersie NAIROBI (Reuters) – Kenyan President William Ruto, who was sworn into office on Tuesday, is taking power at a t..

Russian funding claims spice up Italian election

Russian funding claims spice up Italian election

By Crispian Balmer ROME (Reuters) – U.S. claims that Russia has given at least $300 million to political parties in more than tw..

Air France cancels 55% of short, medium-haul flights Sept. 16 due to strike

Air France cancels 55% of short, medium-haul flights Sept. 16 due to strike

PARIS (Reuters) – A strike by French air traffic controllers will cause Air France to operate only 45% of its short and medium-h..

Kuehne raises Lufthansa stake to 17.5% as Germany sells remaining shares

Kuehne raises Lufthansa stake to 17.5% as Germany sells remaining shares

BERLIN/ZURICH (Reuters) -Logistics entrepreneur Klaus-Michael Kuehne has increased his stake in Lufthansa to 17.5%, Kuehne Holding sai..

Yen stems losses after report of BOJ rate check, hints on intervention

Yen stems losses after report of BOJ rate check, hints on intervention

By Kevin Buckland and Alun John TOKYO/LONDON (Reuters) – The yen rose on Wednesday, moving off a 24-year trough, after media rep..

EU will propose windfall levies on energy firms, von der Leyen says

EU will propose windfall levies on energy firms, von der Leyen says

BRUSSELS (Reuters) – The European Union will propose measures to cap revenues from low-cost electricity generators and force fos..

Zara owner Inditex’s first-half sales surge ahead of potential slowdown

Zara owner Inditex’s first-half sales surge ahead of potential slowdown

MADRID (Reuters) – Fashion brand Zara’s owner Inditex said on Wednesday that profit for the six months to July jumped by 4..

German coalition divided over Chinese bid for Hamburg port terminal

German coalition divided over Chinese bid for Hamburg port terminal

By Andreas Rinke and Sarah Marsh BERLIN (Reuters) -Germany’s ruling coalition is divided over whether to let China’s Cosco..

Upset by high prices, GM’s Cruise develops its own chips for self-driving cars

Upset by high prices, GM’s Cruise develops its own chips for self-driving cars

By Jane Lanhee Lee and Hyunjoo Jin SAN FRANCISCO (Reuters) – General Motors’ autonomous driving unit Cruise has developed ..

Starbucks projects profit growth from tech, stores, workers spending

Starbucks projects profit growth from tech, stores, workers spending

By Hilary Russ SEATTLE (Reuters) -Starbucks Corp projects profits to grow between 15% to 20% per share over the next three years, a si..

Virgin Australia says high staff illness rates hampering capacity, lifting fares

Virgin Australia says high staff illness rates hampering capacity, lifting fares

By Jamie Freed SYDNEY (Reuters) – Virgin Australia has been unable to provide enough domestic capacity to meet demand, which is ..

JPMorgan, BofA cautious on job cuts as Goldman layoffs loom

JPMorgan, BofA cautious on job cuts as Goldman layoffs loom

By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -JPMorgan Chase and Bank of America, the two largest U.S. banks by assets, express..

Stocks tumble, dollar rallies as soaring U.S. inflation implies an aggressive Fed

Stocks tumble, dollar rallies as soaring U.S. inflation implies an aggressive Fed

(Updates after U.S. close, adds commentary) By Sinéad Carew NEW YORK (Reuters) – The dollar index rallied on Tuesday and the S&a..

Ukraine’s first lady to be guest of honor at EU State of Union

Ukraine’s first lady to be guest of honor at EU State of Union

BRUSSELS (Reuters) – Ukrainian first lady Olena Zelenska will be the guest of honor at Wednesday’s EU State of the Union, ..

Russia’s Putin, India’s Modi to discuss trade, food supplies on Friday

Russia’s Putin, India’s Modi to discuss trade, food supplies on Friday

MOSCOW (Reuters) -Russian President Vladimir Putin and Indian Prime Minister Narendra Modi will meet in Uzbekistan on Friday and discu..

Bottlenecks, supply problems improving at ABB robotics division – board member

Bottlenecks, supply problems improving at ABB robotics division – board member

MUNICH (Reuters) – Bottlenecks in the supply of semiconductors and other components for ABB’s robotics division are improv..

Stora Enso sells paper mill to German Lidl owner Schwarz Group

Stora Enso sells paper mill to German Lidl owner Schwarz Group

HELSINKI (Reuters) – Finnish forestry group Stora Enso said on Tuesday it would sell its Maxau paper production site in Germany ..

Spain August final 12-month inflation at 10.5%

Spain August final 12-month inflation at 10.5%

MADRID (Reuters) -Spanish consumer prices rose 10.5% year-on-year in August, slightly higher than the flash estimate released last mon..

Ocado Retail cuts outlook as Britons tighten belts

Ocado Retail cuts outlook as Britons tighten belts

By James Davey LONDON (Reuters) -British online supermarket Ocado Retail downgraded its full-year outlook on Tuesday, saying customers..