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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 have little room to cut taxes or increase spending..

Dollar edges lower, traders focus on data for Fed clues

Dollar edges lower, traders focus on data for Fed clues

By Karen Brettell NEW YORK (Reuters) – The dollar dipped against the euro and yen on Monday as investors continued to digest ..

Stocks, bond prices ease in see-saw session as investors mull ‘soft landing’

Stocks, bond prices ease in see-saw session as investors mull ‘soft landing’

By Herbert Lash and Naomi Rovnick NEW YORK/LONDON (Reuters) -Bond prices and a gauge of global equity performance eased in choppy tra..

Euro zone inflation jump cools case for ECB rate cuts

Euro zone inflation jump cools case for ECB rate cuts

By Balazs Koranyi FRANKFURT (Reuters) -Euro zone inflation jumped as expected last month, supporting the European Central Bank’s ca..

Shipping stocks rise, biggest gainers in Europe at start of 2024

Shipping stocks rise, biggest gainers in Europe at start of 2024

By Samuel Indyk LONDON (Reuters) – Shipping companies have been the best performing stocks in Europe since the start of 2024, a..

Spanish regions reintroduce mask wearing in medical centres amid flu spike

Spanish regions reintroduce mask wearing in medical centres amid flu spike

MADRID (Reuters) – Five Spanish regions have announced the reintroduction of rules making the use of face masks compulsory in h..

Walgreens slashes dividend even as Q1 profit beats estimates

Walgreens slashes dividend even as Q1 profit beats estimates

(Reuters) -U.S. pharmacy chain Walgreens Boots Alliance on Thursday nearly halved its dividend to save more money, even as the company..

German travel industry expects higher revenues, fewer travellers in 2024

German travel industry expects higher revenues, fewer travellers in 2024

(Reuters) – Sustained demand will boost revenues for the German travel industry this year, but the number of travellers is like..

German inflation rises in December due to base effects

German inflation rises in December due to base effects

By Maria Martinez BERLIN (Reuters) -German inflation rose in December due to base effects, putting a temporary halt on the downward t..

Italy to put Africa development, AI at heart of its G7 presidency

Italy to put Africa development, AI at heart of its G7 presidency

By Giselda Vagnoni ROME (Reuters) – Supporting African development and tackling the dangers posed by artificial intelligence (A..

Euro zone business activity shrank again in Dec, pointing to recession -PMI

Euro zone business activity shrank again in Dec, pointing to recession -PMI

By Indradip Ghosh BENGALURU (Reuters) – The contraction in euro zone business activity continued at the end of 2023 due to a pe..

French inflation rises 4.1% in December, as expected

French inflation rises 4.1% in December, as expected

PARIS (Reuters) -French consumer prices rose in December in line with expectations, preliminary data from the national statistics b..

Generative AI’s wild 2023

Generative AI’s wild 2023

By Kenneth Li (Reuters) – ChatGPT was well on its way to becoming a household name even before 2023 kicked off. Just weeks af..

Tesla delivers record Q4 cars, but China’s BYD steals top EV spot

Tesla delivers record Q4 cars, but China’s BYD steals top EV spot

By Akash Sriram (Reuters) -Tesla delivered a record number of electric vehicles in the fourth quarter, beating market estimates and m..

Renewable energy’s share on German power grids reaches 55% in 2023

Renewable energy’s share on German power grids reaches 55% in 2023

FRANKFURT (Reuters) -The share of renewables on Germany’s power grids rose by 6.6 percentage points to 55% of the total last ye..

Oil prices gain 3% on supply concerns after oilfield shutdown in Libya

Oil prices gain 3% on supply concerns after oilfield shutdown in Libya

By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 3% on Wednesday after a disruption at Libya’s top oilfield added..

Oil prices settle down 3% as Red Sea shipping disruptions ease

Oil prices settle down 3% as Red Sea shipping disruptions ease

By Shariq Khan BENGALURU (Reuters) -Oil prices fell 3% on Thursday as more shipping companies said they were ready to transit the Red..

Red Sea shipping workarounds add costs, delays for suppliers, retailers

Red Sea shipping workarounds add costs, delays for suppliers, retailers

By Lisa Baertlein LOS ANGELES (Reuters) -Toymaker Basic Fun’s team that oversees ocean shipments of Tonka trucks and Care Bears..

Dollar hits 5-mth low against euro as Fed seen closer to rate cuts

Dollar hits 5-mth low against euro as Fed seen closer to rate cuts

By Karen Brettell NEW YORK (Reuters) -The dollar slipped to a five-month low against the euro and a basket of currencies on Wednesday..

Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit

Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit

By Nivedita Balu (Reuters) – Canada on Thursday approved Royal Bank of Canada’s C$13.5 billion dollars ($10.2 billion) ac..

Analysis-Italy’s bonds set for plain sailing until possible summer storms

Analysis-Italy’s bonds set for plain sailing until possible summer storms

By Sara Rossi MILAN (Reuters) – The first half of next year will offer favourable conditions for Italian government bonds after..

EU to extend emergency gas price cap for another year

EU to extend emergency gas price cap for another year

By Kate Abnett BRUSSELS (Reuters) – The European Union is set to extend its emergency cap on gas prices for another 12 months..

Steady hearts, steady hands as Vatican experts restore masterpieces

Steady hearts, steady hands as Vatican experts restore masterpieces

By Philip Pullella VATICAN CITY (Reuters) – Whenever Alessandra Zarelli, a restorer at the Vatican Museums, works on a masterpi..

Bank of Spain trims growth outlook for 2024, 2025

Bank of Spain trims growth outlook for 2024, 2025

By Jesús Aguado MADRID (Reuters) -The Bank of Spain on Tuesday lowered the country’s economic growth outlook for 2024 and 202..

Dollar jumps vs yen as BOJ sticks with ultra-loose policy

Dollar jumps vs yen as BOJ sticks with ultra-loose policy

By Rae Wee and Alun John NEW YORK (Reuters) -The U.S. dollar jumped against the yen on Tuesday after the Bank of Japan gave no sign t..

Factbox-Suez disruption: a new inflation risk on the horizon

Factbox-Suez disruption: a new inflation risk on the horizon

FRANKFURT (Reuters) – A lengthy disruption of shipping via the Suez Canal could push up prices and weigh on economic growth, pa..

VW cost-cutting drive includes less staff, faster development

VW cost-cutting drive includes less staff, faster development

BERLIN (Reuters) -Volkswagen and worker representatives have agreed to measures for a cost-cutting drive that will yield 10 billion eu..

Factbox-Will Iceland volcano affect flights, what damage could be caused?

Factbox-Will Iceland volcano affect flights, what damage could be caused?

STOCKHOLM (Reuters) – A volcano erupted late on Monday on Iceland’s Reykjanes peninsula, spewing lava and smoke across a ..

Kenya, EU advance economic partnership agreement to boost trade

Kenya, EU advance economic partnership agreement to boost trade

NAIROBI (Reuters) – Kenya and the European Union moved closer to sealing an Economic Partnership Agreement that will grant the ..

UK to implement carbon levy on imported goods by 2027

UK to implement carbon levy on imported goods by 2027

By Kylie MacLellan LONDON (Reuters) -Britain said on Monday it would implement a new import carbon pricing mechanism by 2027, with go..

Markets outpace central banks as rate cut bets fuel ‘everything rally’

Markets outpace central banks as rate cut bets fuel ‘everything rally’

By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) -Markets have raced ahead of the U.S., euro zone and UK central banks to price in..

Explainer-What’s next for the EU AI Act?

Explainer-What’s next for the EU AI Act?

By Supantha Mukherjee, Martin Coulter and Foo Yun Chee STOCKHOLM/BRUSSELS/LONDON (Reuters) – European Union countries and lawma..

How the world agreed to move away from fossil fuels at COP28

How the world agreed to move away from fossil fuels at COP28

By Maha El Dahan, David Stanway and Valerie Volcovici DUBAI (Reuters) – The COP28 climate summit in Dubai started with all th..

Italian food historian cooks up carbonara controversy

Italian food historian cooks up carbonara controversy

By Francesca Piscioneri ROME (Reuters) – Food is a serious business in Italy, part of the national identity, as illustrated by ..

Air France-KLM raises medium-term profit goal, shares rise

Air France-KLM raises medium-term profit goal, shares rise

By Joanna Plucinska and Tim Hepher (Reuters) -Air France-KLM raised a medium-term profitability goal and sped up transformation effor..

Major central banks hold rates steady as markets eye rapid cuts

Major central banks hold rates steady as markets eye rapid cuts

LONDON (Reuters) – Markets think it’s all over. After a lengthy and historic monetary tightening campaign to battle high i..

EU risks losing ground in EVs without strong industry strategy – ACEA

EU risks losing ground in EVs without strong industry strategy – ACEA

BERLIN (Reuters) – Europe’s electric vehicle (EV) sector risks falling behind without a robust EU industrial strategy, au..