All Posts

Philips to cut 13% of jobs in safety and profitability drive

Philips to cut 13% of jobs in safety and profitability drive

By Bart H. Meijer AMSTERDAM (Reuters) -Dutch health technology company Philips will scrap another 6,000 jobs worldwide as it tries to ..

Nissan and Renault agree to overhaul alliance, this time as equals

Nissan and Renault agree to overhaul alliance, this time as equals

By Maki Shiraki and Gilles Guillaume TOKYO/PARIS (Reuters) -Nissan Motor Co and Renault SA agreed on Monday to a sweeping remake of th..

EU recovers appetite for trade in green industry push

EU recovers appetite for trade in green industry push

By Philip Blenkinsop BRUSSELS (Reuters) – The European Union is aiming to enact up to five trade deals in record time to ensure ..

Euro zone economic sentiment rises in January to seven-month high

Euro zone economic sentiment rises in January to seven-month high

BRUSSELS (Reuters) -Euro zone economic sentiment rose to a seven-month high in January on more optimism across all sectors except cons..

Shares and bonds nervy as rate-hike week looms

Shares and bonds nervy as rate-hike week looms

By Lawrence White LONDON (Reuters) – Stock markets worldwide halted their January rally on Monday, pausing for breath at the sta..

Euro rises after Spanish CPI, dollar slips towards 8-mth low

Euro rises after Spanish CPI, dollar slips towards 8-mth low

By Samuel Indyk and Rae Wee LONDON (Reuters) – The euro rose on Monday after unexpectedly high Spanish inflation data raised exp..

Sterling steadies vs dollar ahead of BoE, ECB meetings

Sterling steadies vs dollar ahead of BoE, ECB meetings

By Joice Alves LONDON (Reuters) – Sterling edged lower against the U.S. dollar on Monday ahead of a number of central bank meeti..

The mouse that roared: New Zealand and the world’s 2% inflation target

The mouse that roared: New Zealand and the world’s 2% inflation target

By Lucy Craymer WELLINGTON, New Zealand (Reuters) – More than 30 years ago, some relatively youthful central bank and Treasury e..

Stocks, dollar gain on resilient U.S. economy

Stocks, dollar gain on resilient U.S. economy

By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – A gauge of global stock performance rose and the dollar strengthened o..

Bank of England set to hike to 4% as rate peak looms

Bank of England set to hike to 4% as rate peak looms

By David Milliken LONDON (Reuters) – The Bank of England looks on course to raise its main interest rate by half a percentage po..

Hopes of slowdown in rate hikes bolster shares ahead of U.S. GDP

Hopes of slowdown in rate hikes bolster shares ahead of U.S. GDP

By Huw Jones LONDON (Reuters) – Stocks firmed on Thursday as investors bet that central banks meeting next week will signal a sl..

Public Power Corp, RWE to build five solar farms in Greece

Public Power Corp, RWE to build five solar farms in Greece

(Reuters) – Greece’s biggest power utility Public Power Corp. (PPC) and Germany’s RWE have taken a final investment ..

German inflation rate to ease over course of 2023 – econ minister

German inflation rate to ease over course of 2023 – econ minister

BERLIN (Reuters) – German inflation will remain high at the beginning of 2023 before easing over the course of the year, Economy..

Spain’s unemployment rate inches up to 12.87% in Q4 2022

Spain’s unemployment rate inches up to 12.87% in Q4 2022

(Reuters) -Spain’s unemployment rate rose to 12.87% in the fourth quarter of 2022 from 12.67% three months earlier, data from th..

(no title) - 11327

(no title) - 11327

By Kirsti Knolle and Supantha Mukherjee BERLIN/STOCKHOLM (Reuters) -SAP said on Thursday it planned to cut 3,000 jobs, or 2.5% of its ..

Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles

Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles

By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla Inc’s aggressive price cuts have ignited demand for its electric vehicle..

UK income inequality widens after pandemic dip

UK income inequality widens after pandemic dip

By David Milliken LONDON (Reuters) – British income inequality rose to a three-year high in the 2021/22 financial year after a d..

Global 2023 economic view downgraded, at odds with market optimism: Reuters poll

Global 2023 economic view downgraded, at odds with market optimism: Reuters poll

By Hari Kishan BENGALURU (Reuters) – Global economic growth is forecast to barely clear 2% this year, according to a Reuters pol..

UK’s Wetherspoon posts 13.1% rise in sales for 25-wk period

UK’s Wetherspoon posts 13.1% rise in sales for 25-wk period

(Reuters) – UK’s J D Wetherspoon reported a 13.1% rise in like-for-like sales for the 25 weeks to Jan. 22 on Wednesday, as..

Asian stocks make 7-month highs, Australian dollar gains on hot inflation

Asian stocks make 7-month highs, Australian dollar gains on hot inflation

By Anshuman Daga SINGAPORE (Reuters) -Asian equities scaled their highest levels in seven months on Wednesday after some regional mark..

Global economy seen facing a challenging year -Eurochambres

Global economy seen facing a challenging year -Eurochambres

BERLIN (Reuters) – The international business community expects a challenging 2023 marked by geopolitical tensions, high inflati..

Ford to make call on Europe job cuts by mid-Feb as buyers circle German site

Ford to make call on Europe job cuts by mid-Feb as buyers circle German site

By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Ford will decide by mid-February how many jobs to cut in Europe a German u..

Exclusive-Binance moved $346 million for seized crypto exchange Bitzlato, data show

Exclusive-Binance moved $346 million for seized crypto exchange Bitzlato, data show

By Tom Wilson and Angus Berwick LONDON (Reuters) -Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digit..

Prada’s Lorenzo Bertelli sets out ‘soft transition’ to new leadership

Prada’s Lorenzo Bertelli sets out ‘soft transition’ to new leadership

By Elisa Anzolin VENICE, Italy (Reuters) – Italian fashion group Prada is hiring former Luxottica chief Andrea Guerra to smooth ..

Sweden to upgrade Berzelius supercomputer with Nvidia AI systems

Sweden to upgrade Berzelius supercomputer with Nvidia AI systems

STOCKHOLM (Reuters) – Sweden will upgrade its Berzelius supercomputer using Nvidia’s latest artificial intelligence (AI) s..

Cryptoverse: Bitcoin investors take control

Cryptoverse: Bitcoin investors take control

(Corrects paragraph 8 to show big investors were responsible for about 68% of the flows) By Lisa Pauline Mattackal and Medha Singh (Re..

Bank funding for renewables stagnates vs oil and gas – report

Bank funding for renewables stagnates vs oil and gas – report

LONDON (Reuters) – The share of bank finance going to renewable energy rather than fossil fuels has little changed in six years,..

New year drive to fill skills gap in booming UK screen industries

New year drive to fill skills gap in booming UK screen industries

  FREE, ACCESSIBLE, ONLINE COURSES AVAILABLE TO HELP PEOPLE GET THEIR FIRST BREAK AND THRIVE IN FILM, TV, VISUAL EFFECTS, ANIMATI..

Digital euro will be free but limited in scope, ECB says

Digital euro will be free but limited in scope, ECB says

FRANKFURT (Reuters) – The digital version of the euro currency will be free to use and available to all but the European Central..

Stocks, euro gain amid divergent Fed, ECB rate hike outlooks

Stocks, euro gain amid divergent Fed, ECB rate hike outlooks

By Herbert Lash NEW YORK (Reuters) -Global equity markets surged on Monday as easing recession fears and hopes of a less aggressive Fe..

Headlines

(no title) - 11114

(no title) - 11114

By Kate Abnett BRUSSELS (Reuters) – European Union proposals to overhaul its electricity market will attempt to better protect consumer energy b..

New suppliers race to plug in to electric car market

New suppliers race to plug in to electric car market

By Nick Carey and Paul Lienert WOKING, England (Reuters) – The global auto industry has committed $1.2 trillion to developing el..

Analysis-ECB seen struggling to keep market on side after mixed messages

Analysis-ECB seen struggling to keep market on side after mixed messages

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s policy signals don’t seem t..

Activist investor Elliott Management takes stake in Salesforce -sources

Activist investor Elliott Management takes stake in Salesforce -sources

(Reuters) -Activist investor Elliott Management Corp has made a multi-billion dollar investment in cloud-based software firm Salesforc..

How Technology is Transforming Business Operations and Strategies in 2023 and Beyond

How Technology is Transforming Business Operations and Strategies in 2023 and Beyond

The implementation of emerging technologies is having a major impact on the way companies are operating and strategising in 2023 and ..

Analysis-Frankfurt ‘STIRs’ up euro clearing battle with London

Analysis-Frankfurt ‘STIRs’ up euro clearing battle with London

By Huw Jones LONDON (Reuters) – Frankfurt expands derivatives clearing on Monday in an early test of how well European Union amb..

European junk debt sales spring back to life as sentiment improves

European junk debt sales spring back to life as sentiment improves

By Chiara Elisei LONDON (Reuters) – Junk-rated companies in Europe have raised $1.4 billion from bond sales this month as invest..