Factbox-UK’s Hunt sets out plans to boost economic growth
LONDON (Reuters) – British finance minister Jeremy Hunt announced on Wednesday cuts to personal taxation and efforts to boost bu..
News
News
Maersk enters deal for half a million tonnes of green methanol annually
By Johannes Birkebaek COPENHAGEN (Reuters) -Maersk on Wednesday announced it had entered into the shipping industry’s first lar..
News
US stocks edge higher ahead of holiday, crude tumbles
By Stephen Culp NEW YORK (Reuters) -U.S. stocks resumed their uphill climb led by interest rate sensitive megacaps on Wednesday, whil..
News
Nvidia shares drop as China worries overshadow stellar forecast
By Arsheeya Bajwa and Chavi Mehta (Reuters) – Nvidia shares fell nearly 4% on Wednesday on fears that widening U.S. chip curbs ..
News
Dollar strengthens after U.S. labor, consumer sentiment data
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index rose on Wednesday, bouncing back from a 2-1/2 month low after econom..
News
Temu, Shein far lag Amazon as online holiday shopping ramps up
By Arriana McLymore NEW YORK (Reuters) – Upstart online retailers Temu.com and Shein are drawing millions of window-shoppers to..
News
Euro zone’s shadow banks face risk of margin calls, ECB says
FRANKFURT (Reuters) – Euro zone shadow banks face the risk of receiving large margin calls or client redemptions they cannot mee..
News
DIY retailer Kingfisher cuts profit outlook again on weak French market
By James Davey LONDON (Reuters) -European home improvement retailer Kingfisher on Wednesday downgraded its full-year profit outlook f..
News
Explainer-Why calls for oil embargo on Israel are unlikely to go anywhere
By Ahmad Ghaddar LONDON (Reuters) -Israel’s military offensive in Gaza following an Oct. 7 attack by the enclave’s ruling..
News
Spain’s Grenergy to expand in US under $2.8 billion plan
By Pietro Lombardi MADRID (Reuters) – Spain’s Grenergy plans to more than double its U.S. solar power generation p..
News
Firmer pound weighs on FTSE 100 ahead of interim budget; Ashtead tanks
By Siddarth S and Shashwat Chauhan (Reuters) -UK’s FTSE 100 dipped on Monday, weighed by a stronger pound and a slide in shares..
News
European shares inch up after robust week; Bayer tanks
By Ankika Biswas and Bansari Mayur Kamdar (Reuters) -European shares edged higher on Monday after a strong week driven by aggressive ..
News
From Lululemon to Birkenstock, duplicate styles lure holiday shoppers
By Katherine Masters NEW YORK (Reuters) – Lauren Maginness is a fan of Lululemon. But the 31-year-old product marketer in New Y..
News
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..
News
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..
News
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
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
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
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
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..
News
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
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
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..
News
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
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
German economy, auto sector face risks from exposure to China, fund manager says
By Christoph Steitz FRANKFURT (Reuters) – Germany’s heavy economic exposure to China carries significant risks for..
News
Strong pay growth in UK spreads to public sector, survey shows
LONDON (Reuters) – Strong pay growth in Britain’s private sector will be matched in the public sector in the year ahead..
News
Britain’s Global Investment Summit draws top banking bosses
LONDON (Reuters) – JP Morgan’s Jamie Dimon and Goldman Sachs’ David Solomon will attend Britain’s Global In..
News
Climate change likely to boost inflation, Bank of England’s Mann says
By David Milliken LONDON (Reuters) – Climate change and countries’ different approaches to combat it are likely boost inf..
News