News

German economy dodges recession despite shrinking 0.3% in 2023

German economy dodges recession despite shrinking 0.3% in 2023

By Maria Martinez BERLIN (Reuters) -The German economy contracted in 2023, due to p..

US bank profits fall in choppy quarter marked by special charges, falling lending margins

US bank profits fall in choppy quarter marked by special charges, falling lending margins

WASHINGTON (Reuters) -Major U.S. bank profits fell on Friday in a choppy fourth quar..

Exclusive-EU investigators to inspect China’s BYD, Geely and SAIC in EV probe – source

Exclusive-EU investigators to inspect China’s BYD, Geely and SAIC in EV probe – source

SHANGHAI/BRUSSELS (Reuters) -European Commission investigators are to inspect Chine..

US scientists say one-in-three chance 2024 another year of record heat

US scientists say one-in-three chance 2024 another year of record heat

By Gloria Dickie TORONTO (Reuters) – This year has a one-in-three chance of..

Oil rises 2% as some tankers avoid Red Sea after strikes

Oil rises 2% as some tankers avoid Red Sea after strikes

By Arathy Somasekhar HOUSTON (Reuters) -Oil climbed more than 2% on Friday, as some..

JPMorgan’s annual profit surges to record even as Q4 net income dips

JPMorgan’s annual profit surges to record even as Q4 net income dips

By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase reported its best-ever..

UK could beat US and euro zone to sub-2% inflation – Capital

UK could beat US and euro zone to sub-2% inflation – Capital

LONDON (Reuters) – Britain, which has had the strongest inflation among the..

Oil gains after US, UK strike on Houthis; U.S. yields ease after PPI

Oil gains after US, UK strike on Houthis; U.S. yields ease after PPI

By Caroline Valetkevitch NEW YORK (Reuters) -Oil prices jumped more than 2% as some..

US FAA to boost oversight of Boeing, sees more manufacturing issues

US FAA to boost oversight of Boeing, sees more manufacturing issues

By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Aviation Administration ..

Dollar dips after soft US inflation data, Aussie, New Zealand dollars outperform

Dollar dips after soft US inflation data, Aussie, New Zealand dollars outperform

By Karen Brettell NEW YORK (Reuters) – The dollar index gave up earlier gai..

St Peter’s centrepiece to get makeover in time for 2025 Holy Year

St Peter’s centrepiece to get makeover in time for 2025 Holy Year

VATICAN CITY (Reuters) – A giant bronze canopy at the centre of St Peter̵..

Tesco raises profit outlook again after strong Christmas sales

Tesco raises profit outlook again after strong Christmas sales

By James Davey LONDON (Reuters) -Tesco, Britain’s biggest retailer, upgraded ..

EU lawmakers consider stronger plastic pollution law after spill hits Spain

EU lawmakers consider stronger plastic pollution law after spill hits Spain

By Kate Abnett BRUSSELS (Reuters) – Some European Union lawmakers are pushing..

UK to make Big Tech give rivals access to data under new plans

UK to make Big Tech give rivals access to data under new plans

LONDON (Reuters) – Britain’s competition regulator plans to make big te..

UK sees 39% jump in households failing to pay energy bills

UK sees 39% jump in households failing to pay energy bills

By David Milliken LONDON (Reuters) – The number of British households who fai..

M&S claims Christmas crown as food and clothing sales beat forecasts

M&S claims Christmas crown as food and clothing sales beat forecasts

By Paul Sandle LONDON (Reuters) -British retailer Marks & Spencer on Thursday r..

Festive Bakes and lattes deliver Christmas cheer for UK’s Greggs

Festive Bakes and lattes deliver Christmas cheer for UK’s Greggs

By Paul Sandle LONDON (Reuters) – Britain’s Greggs said strong demand f..

Danone must face Evian water ‘carbon neutral’ lawsuit

Danone must face Evian water ‘carbon neutral’ lawsuit

By Jonathan Stempel (Reuters) – A judge in New York ruled on Wednesday that D..

Japan stocks hit 34-year high, markets calm before US inflation data

Japan stocks hit 34-year high, markets calm before US inflation data

By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) -Japanese stocks hi..

Share of Russian aluminium in LME warehouses rises to 90% after UK curbs

Share of Russian aluminium in LME warehouses rises to 90% after UK curbs

By Polina Devitt LONDON (Reuters) -The share of available aluminium stocks of Russi..

Explainer-A year of political challenges for Germany

Explainer-A year of political challenges for Germany

By Sarah Marsh BERLIN (Reuters) – German politics has had an unruly start to ..

Madrid museum welcomes ruling it can keep painting looted by Nazis

Madrid museum welcomes ruling it can keep painting looted by Nazis

By Catarina Demony and Elena Rodriguez MADRID (Reuters) – One of Spain’..

Sainsbury’s bumper Christmas for food offset by weakness elsewhere

Sainsbury’s bumper Christmas for food offset by weakness elsewhere

LONDON (Reuters) -Strong demand for luxury foods like dry cured gammon, steamed buns..

BMW retools Munich headquarters for all-electric production from 2027

BMW retools Munich headquarters for all-electric production from 2027

BERLIN (Reuters) -BMW is investing 650 million euros ($711 million) to convert its ..

Euro zone economy bottoming out, but outlook weak, ECB policymakers say

Euro zone economy bottoming out, but outlook weak, ECB policymakers say

FRANKFURT (Reuters) -The euro zone may have been in recession last quarter and pros..

Dollar gains on yen, Bitcoin slides after SEC hack

Dollar gains on yen, Bitcoin slides after SEC hack

By Karen Brettell NEW YORK (Reuters) – The dollar gained on the yen but edg..

Factbox-How companies are responding to attacks on ships in the Red Sea

Factbox-How companies are responding to attacks on ships in the Red Sea

(Reuters) -Attacks on vessels by Iranian-backed Houthi militants in Yemen have disr..

Yields rise, stocks dip as rate cut path remains in focus

Yields rise, stocks dip as rate cut path remains in focus

By Scott Murdoch and Alun John SYDNEY/LONDON (Reuters) -Government bond yields rose..

Factbox-How companies are responding to attacks on ships in the Red Sea

Factbox-How companies are responding to attacks on ships in the Red Sea

(Reuters) -Attacks on vessels by Iranian-backed Houthi militants in Yemen have disr..

German industrial output drops unexpectedly in November

German industrial output drops unexpectedly in November

(Reuters) -German industrial production unexpectedly fell in November, the federal s..

World Bank forecasts 2024 global growth to slow for third consecutive year

World Bank forecasts 2024 global growth to slow for third consecutive year

By David Lawder WASHINGTON (Reuters) – The World Bank warned on Tuesday tha..

Hungary takes aim at ‘shrinkflation’ with mandatory price warnings

Hungary takes aim at ‘shrinkflation’ with mandatory price warnings

BUDAPEST (Reuters) – Hungary’s government will require large food retai..

Factbox-What airlines, regulators are doing about Boeing 737 MAX 9 jets

Factbox-What airlines, regulators are doing about Boeing 737 MAX 9 jets

LONDON (Reuters) – The latest setback for Boeing’s top-selling 737 MAX ..

Wall Street futures flat, global stocks stumble, oil slides as inflation, earnings loom large

Wall Street futures flat, global stocks stumble, oil slides as inflation, earnings loom large

By Nell Mackenzie and Natalie Grover LONDON (Reuters) – Wall Street futures w..

News

Factbox-German cabinet approves savings plans for 2024 budget

Factbox-German cabinet approves savings plans for 2024 budget

BERLIN (Reuters) – The German government approved further savings plans on Monday to ease the..

Poland orders to halt logging in 10 oldest forest areas

Poland orders to halt logging in 10 oldest forest areas

WARSAW (Reuters) – The Polish government ordered a state-run company that man..

No money? Next UK government’s budget is hostage to economy

No money? Next UK government’s budget is hostage to economy

By William Schomberg LONDON (Reuters) – Britain’s next government will ..