Analysis-Electric car demand set to stall in Europe’s ‘valley of death’
By Victoria Waldersee and Nick Carey BERLIN/LONDON (Reuters) – After years of accelerating growth, Europe’s electric car ..
News
News
Continental hikes car market forecast, warns on 2024 outlook
By Victoria Waldersee BERLIN (Reuters) -Germany’s Continental expects a strong fourth quarter for its automotive business and h..
News
Bank of Spain governor warns of risks of extending bank windfall tax
MADRID (Reuters) – Any potential extension of the current Spanish windfall tax on banks should take into account the preservati..
News
With crime in focus, UK’s Sunak sets out pre-election agenda in King’s Speech
By Elizabeth Piper and Andrew MacAskill LONDON (Reuters) -Britain’s government set out its plans to tackle crime, boost ..
News
Analysis-WeWork’s troubles darken outlook for embattled office market
LONDON (Reuters) -The troubles faced by co-working titan WeWork are darkening the outlook for the world’s largest business hubs,..
News
US dollar drops to six-week low after softer-than-expected jobs data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell to a six-week low on Friday, after data showed the world’..
News
Analysis-Traders bet ECB will be first big central bank to cut rates
By Yoruk Bahceli (Reuters) – Financial markets are ramping up expectations for interest rate cuts from the European Central Ban..
News
BMW says ‘no interest’ in price war as order books bulge
By Victoria Waldersee BERLIN (Reuters) -BMW forecast strong fourth quarter sales on Friday and said its order book was filled into th..
News
US job growth misses expectations in October as labor market slows
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth slowed in October in part as strikes by the United Auto Workers (UAW) ..
News
Stocks gain, Treasury yields fall after U.S. jobs market softens
By Caroline Valetkevitch and Harry Robertson NEW YORK/LONDON (Reuters) -Global stock indexes rose, the dollar weakened and benchmark ..
News
UK’s Sunak urges world leaders to address AI risks
BLETCHLEY PARK, England (Reuters) – World leaders have a responsibility to address the risks of artificial intelligence, British..
News
Analysis-Central banks’ big pause spurs bruised bond investors to double down
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Bond investors bruised by a record hiking cycle are increasing their posi..
News
Britons’ cost-of-living crisis habits will endure, says Sainsbury’s boss
By James Davey LONDON (Reuters) – Changes to British consumers’ behaviour that emerged during the ongoing cost-of-living ..
News
Ferrari sees strong demand stretching into the distance
By Giulio Piovaccari and Keith Weir MILAN (Reuters) -Ferrari’s order books are bulging all the way into 2025 when it plans to l..
News
Bank of England keeps rates at 15-year high, rules out quick cuts to help economy
By William Schomberg and Andy Bruce LONDON (Reuters) – The Bank of England held interest rates at a 15-year peak on Thursday an..
News
US dollar retreats as risk appetite rises, Fed rate hikes seen as done
(Removes extraneous word “be” in the quote in the 7th paragraph) By Samuel Indyk and Gertrude Chavez-Dreyfuss LONDON/NEW ..
News
Global central banks mark a possible plateau
By Howard Schneider, William Schomberg and Francesco Canepa (Reuters) – The Bank of England’s decision to hold its policy..
News
Global fund managers sharpen bank scrutiny following crisis -survey
By Laura Matthews and Chiara Elisei NEW YORK/LONDON (Reuters) – Global fund managers are exploring ways to spread their counter..
News
Factbox-More automakers plug into Tesla’s EV charging network
(Reuters) -More automakers signed up to access Tesla’s electric-vehicle charging infrastructure across the United States, takin..
News
China, US and EU agree to work together on AI safety at UK summit
By Paul Sandle, Martin Coulter BLETCHLEY PARK, England (Reuters) -China agreed to work with the United States, European Union and oth..
News
King Charles will deliver COP28 opening speech, Buckingham Palace says
LONDON (Reuters) – King Charles will give the opening address at the COP28 U.N. global climate summit in Dubai, Buckingham Pala..
News
Fed keeps rates unchanged, acknowledges economy is ‘strong’
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve held interest rates steady on Wednesday but left the door open t..
News
BP shares slump as Q3 profit misses forecast on weak gas
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP on Tuesday reported third-quarter earnings of $3.3 billion, missing ana..
News
Endesa warns of slowdown in renewables development
By Pietro Lombardi MADRID (Reuters) – Spanish power utility Endesa is slowing the pace of its renewable energy development, its..
News
French GDP growth slows, inflation eases
By Marine Strauss and Tassilo Hummel PARIS (Reuters) -The French economy grew by 0.1% in the third quarter, with growth slowing from ..
News
Euro zone inflation and growth fall as ECB hikes bite
By Francesco Canepa FRANKFURT (Reuters) – Inflation in the euro zone is falling fast and the economy has begun contracting, dat..
News
Explainer-Why are European telecom firms selling assets?
By Supantha Mukherjee STOCKHOLM (Reuters) – Vodafone’s bid on Tuesday to sell its Spanish business is the latest move by ..
News
Britain’s AI summit: what can it achieve?
By Martin Coulter LONDON (Reuters) -Britain will host the world’s first global artificial intelligence (AI) safety summit thi..
News
Japan’s yen slides broadly as BOJ policy tweak seen inadequate
By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) – The yen slumped across the board on Tuesday, dropping t..
News
US dollar slides ahead of central bank meetings, key data this week
By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The U.S. dollar fell on Monday, dropping to a two-week lo..
News
German inflation eases in October to lowest level in two years
By Maria Martinez BERLIN (Reuters) – Inflation in Germany eased noticeably in October, falling to its lowest level since August..
News
Spanish banks face rise in deposit costs, Central Bank warns
By Jesús Aguado MADRID (Reuters) – Spanish lenders could find themselves affected by increasing global risks, such as higher-..
News
Britain to push ahead with rules for cryptoassets
By Huw Jones LONDON (Reuters) – Britain said on Monday it would legislate to implement its first set of rules to regulate the c..
News
High inflation and slowdown signs: the BoE’s tough trade-off
By William Schomberg and Sumanta Sen LONDON (Reuters) – The Bank of England is expected to keep interest rates at their 15-year..
News
Analysis-Russia’s weaker hand undermines case for Power of Siberia 2 gas link to China
By Vladimir Soldatkin MOSCOW (Reuters) – Russia is counting on a planned new pipeline to China as it seeks to make up for lost ..
News
Stocks gain, oil falls, traders focus on rates outlook
By Elizabeth Howcroft LONDON (Reuters) – European stock indexes rose on Monday as investors focused on the outlook for interest..
News
Britain’s post-Brexit carbon pricing could cost Treasury billions – report
LONDON (Reuters) – Britain’s Treasury could lose out on 3 billion pounds ($3.6 billion) of revenue a year from the sale of ca..
News