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..
News
News
German institutes cut 2024 GDP forecast on uncertainty
BERLIN (Reuters) – Three leading German economic institutes cut their 2024 economic growth forecasts on Thursday, saying consume..
News
BP challenges US energy regulator’s oversight of Venture Global LNG plant
By Curtis Williams HOUSTON (Reuters) -BP PLC has challenged U.S. energy regulators’ approvals of a Venture Global LNG liquefi..
News
Wall Street inches higher after CPI report, crude slides
By Stephen Culp NEW YORK (Reuters) -U.S. stocks inched higher in choppy trading on Tuesday and the dollar dipped after a crucial re..
News
Explainer-How Sweden’s commercial real estate problems could spark financial meltdown
STOCKHOLM (Reuters) – Soaring interest rates and too much debt are weighing down Sweden’ commercial real estate firms, mak..
News
Wall Street subdued, gold slides ahead of CPI, Fed
By Stephen Culp NEW YORK (Reuters) -U.S. stocks were muted and gold slid on Wednesday, as investors bided their time ahead of crucial..
News
Europe agrees landmark AI regulation deal
By Foo Yun Chee, Martin Coulter and Supantha Mukherjee BRUSSELS/LONDON/STOCKHOLM (Reuters) – Europe on Friday reached a provisi..
News
German 2024 budget could be ready soon – Scholz
BERLIN (Reuters) -Germany’s coalition partners could soon finalise a draft budget for 2024, Chancellor Olaf Scholz said on Mond..
News
New COP28 draft deal stops short of fossil fuel ‘phase out’
By Kate Abnett, Gloria Dickie and David Stanway DUBAI (Reuters) -A draft of a potential climate deal at the COP28 summit on Monday su..
News
Yen falls as Japan’s negative rates expected to persist
By Karen Brettell NEW YORK (Reuters) – The Japanese yen weakened against the dollar for a second day on Monday, giving back m..
News
As UK dental system decays, surging numbers seek treatment abroad
LONDON/ISTANBUL (Reuters) – Once Marion Parks found out she needed intensive dental work, the 55-year-old decided her best cou..
News
Oil prices hold as investors still wary
By Paul Carsten LONDON (Reuters) -Oil prices were steady on Monday as worries persisted around crude oversupply despite OPEC+ cuts an..
News
Oil stocks send FTSE 100 to 7-week closing high, Anglo American sinks
By Shashwat Chauhan and Sruthi Shankar (Reuters) -The UK’s FTSE 100 closed at a seven-week high on Friday with a rebound in cru..
News
In Olympics race, Adidas pursues edge in new sports
By Helen Reid HERZOGENAURACH, Germany (Reuters) – As sportswear rivals jockey for position ahead of next year’s Paris Oly..
News
Stocks gain, Treasury yields climb after US payrolls report
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks was higher on Friday, on track for its sixth straight week of gains..
News
Azerbaijan tipped to host COP29 climate talks
By Kate Abnett, Alexander Cornwell and Elizabeth Piper DUBAI (Reuters) -Azerbaijan is tipped to host next year’s U.N. climate..
News
Stalled talks resume on EU’s AI Act, biometric surveillance targeted
By Foo Yun Chee, Martin Coulter and Supantha Mukherjee BRUSSELS/LONDON/STOCKHOLM (Reuters) -A third day of negotiations on Friday o..
News
COP28 considers end to fossil fuels in move opposed by OPEC
By Kate Abnett, Maha El Dahan and Jake Spring DUBAI (Reuters) -OPEC is rallying its oil producing members to veto a proposed deal to ..
News
How electric vehicles are accelerating the end of the oil age
By Laura Sanicola (Reuters) – There is plenty of hand-wringing on display at the COP28 climate conference in Dubai about the ..
News
EU scientists say 2023 will be warmest year on record globally
(Reuters) -European Union scientists said on Wednesday that 2023 would be the warmest year on record, as global mean temperature fo..
News
Analysis-China turbo-charges cobalt mine output despite price crash
By Eric Onstad LONDON (Reuters) – Chinese-owned companies are aggressively expanding cobalt mining in Congo and Indonesia even ..
News
German coalition parties at loggerheads as budget crisis grows
By Christian Kraemer and Andreas Rinke BERLIN (Reuters) -Germany’s coalition partners intensified efforts on Wednesday to find a..
News
US FTC tries again to stop Microsoft’s already-closed deal for Activision
By Diane Bartz WASHINGTON (Reuters) – U.S. antitrust enforcers will argue on Wednesday that a federal judge got it wrong when s..
News
Moody’s cuts China credit outlook, citing lower growth, property risks
(Reuters) – Ratings agency Moody’s cut its outlook on China’s government credit ratings to negative from stable on ..
News
Explainer-What new OPEC+ oil output cuts are in place after Thursday deal
By Alex Lawler LONDON (Reuters) -OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels ..
News
Analysis-Schnabel reconciles ECB with markets – until next fight
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s leading hawk Isabel Schnabel has..
News
Dollar steady after key jobs data comes in below estimates
By Hannah Lang and Amanda Cooper WASHINGTON/LONDON (Reuters) -The U.S. dollar stood near a one-week high against a basket of currenci..
News
COP28 focus on health draws $777 million to fight tropical disease
By Gloria Dickie, Elizabeth Piper and Alexander Cornwell DUBAI (Reuters) -The United Arab Emirates and several charities at the U.N. ..
News
Swathes of Siberia freeze in temperatures below -58 Celsius
YAKUTSK, Russia (Reuters) – Arctic weather enfolded swathes of Russia on Tuesday, with temperatures in the wilds of Siberia fal..
News
Dollar gains back ground on rate bets; bitcoin breaches $42,000
By Hannah Lang and Harry Robertson WASHINGTON/LONDON (Reuters) – The dollar ticked higher on Monday, regaining some ground afte..
News
Spotify to cut 1,500 jobs in third layoff round this year, shares jump
By Supantha Mukherjee STOCKHOLM (Reuters) – Music streaming giant Spotify said on Monday that it will lay off around 1,500 empl..
News
German budget crisis talks enter crunch week
BERLIN (Reuters) – German Chancellor Olaf Scholz, Finance Minister Christian Lindner and Economy Minister Robert Habeck held ta..
News
EU auditors warn about worsening competition in public procurement
By Gabriela Baczynska BRUSSELS (Reuters) – Competition in public procurement across the 27 European Union countries worsened ..
News
Marketmind: Markets wary Powell may undermine rate-cut bets
A look at the day ahead in European and global markets from Ankur Banerjee With a blockbuster November in the rear view mirror, inves..
News
After Musk tirade, X faces prospect of more advertisers fleeing
By Sheila Dang, Chavi Mehta and Jaspreet Singh (Reuters) -Social media company X faces the prospect of more advertisers fleeing and h..
News
Swedish property problems could accelerate price drops in Denmark, central bank says
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Denmark’s central bank said on Tuesday that the risk of further price d..
News
Marketmind: Markets turn risk-averse after bumper month
A look at the day ahead in European and global markets from Wayne Cole. Asia started Monday in hesitant fashion and has turned steadi..
News