Brent, US crude futures climb over 2% as OPEC cuts expected
By Erwin Seba HOUSTON (Reuters) -Brent and U.S. crude futures climbed more than 2.5%, gaining $2 a barrel on Monday, as further suppl..
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OpenAI appoints new boss as Sam Altman joins Microsoft in Silicon Valley twist
By Jeffrey Dastin, Anna Tong and Stephanie Kelly SAN FRANCISCO (Reuters) -OpenAI named ex-Twitch boss Emmett Shear as interim CEO, wh..
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Factbox-German budget crisis tests limits of its ‘debt brake’
BERLIN (Reuters) – Germany’s constitutional court ruled last week that the coalition government’s decision to re-al..
News
Who is OpenAI interim CEO Emmett Shear?
(Reuters) -ChatGPT-maker OpenAI has named ex-Twitch boss Emmett Shear as its interim chief executive officer after the startup ousted..
Technology
UK says new science initiative to work on climate-resilient crops
LONDON (Reuters) – British Prime Minister Rishi Sunak will announce a new science initiative to bring together work on developi..
News
Factbox-What is OPEC+ and how does it impact oil prices?
(Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are known as OPEC+ a..
Featured
National Grid’s Massachusetts utilities submit clean energy investment plan
(Reuters) – Britain’s National Grid said on Friday its two utility firms in Massachusetts have submitted a clean energy in..
News
BP seeks partnerships to navigate renewables storm
By Christoph Steitz and Ron Bousso BERLIN/LONDON (Reuters) – BP is seeking partners for offshore wind projects in Japan and may..
News
Analysis-Fewer shoppers in Burberry stores complicates design overhaul
By Mimosa Spencer PARIS (Reuters) – The slowdown in the luxury market following a post-pandemic boom could not come at a worse ..
News
Dollar poised for steep weekly fall, yen trades below 150
NEW YORK/LONDON (Reuters) -The dollar headed toward one of its steepest weekly declines versus other major currencies this year on Fri..
Finance
Analysis-What China’s Xi gained from his Biden meeting
By Michael Martina, Trevor Hunnicutt and Greg Torode SAN FRANCISCO/HONG KONG (Reuters) -When Chinese President Xi Jinping met executi..
Featured
EU reaches deal to stop sending waste to countries that can’t process it
PARIS (Reuters) – European Union lawmakers and member states have reached a deal to revise the bloc’s waste shipment regu..
News
Analysis-China needs to pull ‘multiple levers’ for property turnaround, say analysts
By Clare Jim, Davide Barbuscia and Karin Strohecker HONG KONG/NEW YORK (Reuters) – China’s direct interventions to..
Featured
Analysis-China needs to pull ‘multiple levers’ for property turnaround, say analysts
By Clare Jim, Davide Barbuscia and Karin Strohecker HONG KONG/NEW YORK (Reuters) – China’s direct interventions to ease a..
Featured
Italian debt markets sanguine ahead of Moody’s ratings test
By Gavin Jones and Sara Rossi ROME (Reuters) – Investors will nervously await a review of Italy’s ratings on Frida..
Finance
Exclusivity the name of the game as luxury firms target China’s wealthiest for growth
By Casey Hall and Mimosa Spencer SHANGHAI/PARIS (Reuters) – The world’s biggest luxury brands seeking growth in th..
Business
Risk rally sputters as bullish investors pause
By Koh Gui Qing and Marc Jones NEW YORK/LONDON (Reuters) -World stocks snapped a five-day rally on Thursday as investors took a breat..
News
Citi CEO Fraser touts ‘clear benefits’ of diversifying supply chains
(Reuters) – Geopolitical tensions and macroeconomic shocks are spurring businesses and governments into reconfiguring their sup..
News
Explainer-What is Black Friday? And will shoppers find bargains this year?
By Juveria Tabassum and Savyata Mishra (Reuters) – Retailers are preparing for what they hope will be yet another record-settin..
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Oil prices hit 4-month low on concerns about U.S., Chinese economy
By Stephanie Kelly NEW YORK (Reuters) -Oil prices dropped more than 5% on Thursday to their lowest in four months, as investors worri..
News
Exclusive-OpenAI explores how to get ChatGPT into classrooms
By Anna Tong SAN FRANCISCO (Reuters) – OpenAI, whose generative AI products initially raised fears of widespread cheating on ..
News
Sweden plans new nuclear reactors by 2035, will share costs
By Simon Johnson STOCKHOLM (Reuters) – Sweden’s government said it aimed to build the equivalent of two new conventional ..
Featured
International value-chain linkages help to better understand competition and explain individual success
Competition is essential for economic growth, and nowadays companies and entire countries compete globally. Ivan Savin and Philipp M..
Business
BoE’s Greene: Investors have missed ‘higher for longer’ message
LONDON (Reuters) -Bank of England rate-setter Megan Greene said on Thursday that global investors had not fully caught on to the prosp..
Finance
Iraq becomes EBRD shareholder, Senegal and Ghana apply to join
LONDON (Reuters) -Iraq has become the 74th member of the European Bank for Reconstruction and Development, the multilateral le..
News
How to manage your money
In a world where financial stability and success are integral to achieving life’s aspirations, mastering the art of managing yo..
Finance
How to save for a down payment
Saving for a down payment is a crucial step in the journey to homeownership. Whether you’re planning to buy your first home or ..
Finance
UK lenders step up mortgage price battle as inflation slows
By Iain Withers LONDON (Reuters) – British lenders have accelerated price cuts on mortgages as competition intensifies, inflati..
News
European companies exploring ways to boost rare metal supply
By Philip Blenkinsop BRUSSELS (Reuters) – European companies are exploring ways to replace the gallium and germanium supply put..
News
Dollar gains after U.S. retail sales fall less than expected
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar gained on Wednesday after U.S. retail sales fell less than ex..
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UK’s Hunt readies growth plan after fall in inflation
By William Schomberg and David Milliken LONDON (Reuters) – British finance minister Jeremy Hunt will change gear next week to f..
News
Factbox-What you need to know about Ampere, Renault’s EV unit
PARIS (Reuters) -French car maker Renault is holding an investor day for its electric vehicle unit Ampere, which was carved out from ..
News
Giorgio Armani fashions his own legacy with succession plan
By Elisa Anzolin MILAN (Reuters) – Giorgio Armani has always kept a tight grip on the firm he founded, and the Italian fashion ..
Business
Asia stocks jump as US inflation recedes, China data surprises
By Tom Westbrook SINGAPORE (Reuters) – Asian stocks surged to two-month highs on Wednesday in anticipation of stimulus in China..
Finance
Indonesia hosts regional defence chiefs amid multiple global crises
By Stanley Widianto and Ananda Teresia JAKARTA (Reuters) -Defence ministers in ASEAN called for an immediate ceasefire in Gaza..
Featured
EU agrees law to hit fossil fuel imports with methane emissions limit
(Reuters) – The European Union reached a deal on Wednesday on a law to place methane emissions limits on Europe’s oil and..
News
Dollar down as markets bet Fed done with hikes
By Brigid Riley TOKYO (Reuters) -The dollar sputtered at broadly lower levels on Wednesday after slumping overnight as a surpr..
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