Global central banks extend rate hike push in November
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks in Novem..
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EU countries consider lower gas price cap – documents
By Kate Abnett BRUSSELS (Reuters) -European Union countries will consider on Friday a proposal for a gas price cap slightly lower than..
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Factbox-What European companies are doing as workers face high inflation
(Reuters) -Companies across Europe are offering one-off bonuses and renegotiating wages as surging inflation raises food and energy bi..
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The clear need for effective estate planning to mitigate effects of another ‘nil-rate band freeze’
By Jack Rose, Strategic Sales Director at Triple Point In a bid to plug the £54 billion hole in public finances, Chancel..
Business
EU sets recycling, reuse targets to cut packaging waste
By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission proposed on Wednesday new rules to reduce packaging waste thro..
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BYD set to be China’s top-selling car brand for Nov, Tesla gains -data
SHANGHAI (Reuters) – BYD was the top-selling car brand in China in the first four weeks of November, brokerage data showed, outp..
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Portugal’s Q3 growth accelerates with consumption but future not shining
By Sergio Goncalves LISBON (Reuters) – Portugal’s economy expanded 0.4% in the third quarter from 0.1% in the previous qua..
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FTX collapse shows urgent need to finalise EU crypto rules, says European Commission
By Huw Jones LONDON (Reuters) -The “questionable practices” at now collapsed crypto exchange FTX would not have been allow..
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World stocks upbeat on hopes for China re-opening, inflation peaking
By Dhara Ranasinghe LONDON (Reuters) -World equity markets rallied on Wednesday lifted by hopes that inflation is peaking and a re-ope..
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Global stocks to grind higher, lacklustre year ahead: Reuters poll
By Hari Kishan BENGALURU (Reuters) – The global economy needs to find a more solid footing before most stock markets break out o..
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Economic headwinds set to push oil below $100 in 2023: Reuters Poll
By Seher Dareen (Reuters) – Brent oil prices will hold above the $100 level for the rest of 2022 as an impending EU ban on Russi..
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German inflation eased in November but too soon for ‘all-clear’
By Miranda Murray and Balazs Koranyi BERLIN (Reuters) – Germany’s inflation cooled slightly in November, but remained near..
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UK royals in U.S. spotlight as William and Kate visit
By Michael Holden and Sarah Mills LONDON (Reuters) – Prince William and his wife Kate fly out to the United States on Wednesday ..
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London’s West End regains pre-pandemic buzz, boosting sales
By Aby Jose Koilparambil and Suban Abdulla (Reuters) -London’s West End has seen retail, hospitality and leisure venue sales ret..
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UK mortgage approvals hit lowest since June 2020
By Andy Bruce LONDON (Reuters) -The number of mortgages approved by lenders in Britain fell in October to its lowest since June 2020, ..
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Greek residential property price recovery picks up in third quarter
By George Georgiopoulos ATHENS (Reuters) – A recovery in Greece’s residential real estate market picked up pace in the thi..
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Hyundai Motor, SK On sign EV battery supply pact for N. America
By Heekyong Yang and Joyce Lee SEOUL (Reuters) – South Korea’s Hyundai Motor Group has signed an agreement to source elect..
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Swiss GDP growth lags expectations in Q3
ZURICH (Reuters) – The Swiss economy grew a real 0.2% in the third quarter versus the second three months of 2022 and 0.5% year-..
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Nestle nudges 2022 sales outlook higher again
ZURICH (Reuters) -Nestle has nudged its 2022 sales outlook higher again, the world’s largest packaged food company said ahead of..
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Europe on course to end winter with plenty of gas: Kemp
By John Kemp LONDON (Reuters) -Europe’s gas inventories are on course to end the winter of 2022/23 at one of the highest levels ..
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UK royals in U.S. spotlight as William and Kate visit
By Michael Holden and Sarah Mills LONDON (Reuters) – Prince William and his wife Kate fly out to the United States on Wednesday ..
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Ford recalls 634,000 vehicles worldwide over fire risks
By David Shepardson (Reuters) -Ford Motor Co is recalling 634,000 sport utility vehicles (SUVs) worldwide over fire risks from possibl..
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Italy seeks fresh options for TIM as bid for network seen fading
By Elvira Pollina and Giuseppe Fonte MILAN/ROME (Reuters) -Italy’s new government will likely need to seek fresh options for ail..
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Greece PM senses “momentum” in “Elgin Marbles” talks with Britain
LONDON (Reuters) – Greece’s Prime Minister Kyriakos Mitsotakis said on Monday there was “progress” and a sense..
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European retailers downbeat despite Black Friday boost
By Maria Sheahan, Toby Sterling and Alvise Armellini BERLIN/AMSTERDAM/MILAN (Reuters) -Europeans snapped up smartphones, Christmas dec..
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EU sets out plans to shift derivatives clearing from London to Frankfurt
By Huw Jones LONDON (Reuters) -Banks and other market participants in the European Union will have to prove to regulators that they ar..
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EU demands quick fix from U.S. of green subsidy law
By Philip Blenkinsop BRUSSELS (Reuters) – European Union ministers warned on Friday that time was running out to resolve differe..
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Cost-of-living crisis casts shadow over Europe’s Black Friday
By James Davey LONDON (Reuters) – Europe’s retailers are hoping Black Friday discount day will get shoppers spending, thou..
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IKEA stores owner Ingka’s annual operating profit rises 9%
By Anna Ringstrom STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores, reported on Friday a 9% rise in annual opera..
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FINGERPRINTS’ SUPPORTS TWO MORE BIOMETRIC PAYMENT CARD LAUNCHES IN THE MENA REGION
World-leading biometrics company, Fingerprint Cards AB (Fingerprints™), has announced that its solution will be part of the MENA regio..
Technology
Volkswagen strikes below-inflation wage deal, continues German trend
By Jan Schwartz HAMBURG (Reuters) -Volkswagen on Wednesday agreed a two-year wage deal for workers at its western German factories, of..
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Italy’s A2A trims green investment plan citing economy, volatile markets
(Reuters) -Italy’s largest regional utility A2A on Tuesday scaled back its investments aimed at reducing its carbon footprint, a..
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Britain’s Halfords targets retirees in recruitment drive
LONDON (Reuters) – Halfords is aiming to recruit 1,000 new technicians over the next 12 months by attracting retirees to work in..
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Glencore to sell Australian copper mine to SPAC for $1.1 billion
(Reuters) – Glencore said on Wednesday that blank-check firm Metal Acquisition Corp (MAC) agreed to an amended agreement to buy ..
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German residential property market faces risk of price drop – DIW study
BERLIN (Reuters) – The German residential property market faces a growing risk of price corrections, the DIW research institute ..
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HP to cut about 12% jobs by end of fiscal 2025
(Reuters) -HP Inc said on Tuesday it expects to cut up to 6,000 jobs by the end of fiscal 2025, or about 12% of its global workforce, ..
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Analysis-At World Cup, Saudi crown prince moves back on to global stage
Analysis-At World Cup, Saudi crown prince moves back on to global stage
By Angus McDowall and Maya Gebeily DOHA (Reuters) – When Saudi Arabian Crown Prince Mohammed bin Salman took his seat next to the FIFA president..
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