US stocks edge higher ahead of holiday, crude tumbles
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Nvidia shares drop as China worries overshadow stellar forecast
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Dollar strengthens after U.S. labor, consumer sentiment data
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Temu, Shein far lag Amazon as online holiday shopping ramps up
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FTSE 100 snaps two-day losing streak on Sage results
By Khushi Singh (Reuters) -The UK’s FTSE 100 rose on Wednesday, as higher prices of gold spurred an uptick in precious metal mi..
Wealth Creation
Sam Altman’s return to OpenAI: tracking the Silicon Valley upheaval
(Reuters) -OpenAI said late on Tuesday Sam Altman would return to the company as CEO, capping days of high drama and marathon discuss..
Technology
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 me..
Headlines
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..
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Enel to invest 36 billion euros by 2026, be more selective on renewables
By Francesca Landini MILAN (Reuters) -Italy’s Enel plans 35.8 billion euros ($39 billion) gross capital expenditure in the next..
Business
EU lawmakers urge COP28 climate summit to take aim at fossil fuels
By Kate Abnett BRUSSELS (Reuters) – The European Parliament called on Tuesday for a global deal at the U.N. COP28 climate summi..
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Britain to launch South Korea trade talks as president visits
By Alistair Smout LONDON (Reuters) -Britain rolled out the red carpet for South Korea’s president on Tuesday at the start of a ..
Headlines
Siemens Energy’s struggling wind unit plans $436 million in cost cuts
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) -Siemens Gamesa, the struggling wind division of Germany’..
Business
Keys to building wealth
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Wealth Creation
How did Andrew Carnegie acquire his wealth?
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Wealth Creation
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
BBC scraps UK Top Gear show for ‘foreseeable future’ following crash
LONDON (Reuters) – The British version of the globally popular BBC car show ‘Top Gear’ will not return for the fore..
Business
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 projects..
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Firmer pound weighs on FTSE 100 ahead of interim budget; Ashtead tanks
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European shares inch up after robust week; Bayer tanks
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From Lululemon to Birkenstock, duplicate styles lure holiday shoppers
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Brent, US crude futures climb over 2% as OPEC cuts expected
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OpenAI appoints new boss as Sam Altman joins Microsoft in Silicon Valley twist
OpenAI appoints new boss as Sam Altman joins Microsoft in Silicon Valley twist
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Factbox-German budget crisis tests limits of its ‘debt brake’
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Who is OpenAI interim CEO Emmett Shear?
(Reuters) -ChatGPT-maker OpenAI has named ex-Twitch boss Emmett Shear as its interim chief executive officer after the startup ousted..
Technology
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
Factbox-What is OPEC+ and how does it impact oil prices?
(Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are known as OPEC+ a..
Headlines
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..
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BP seeks partnerships to navigate renewables storm
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Analysis-Fewer shoppers in Burberry stores complicates design overhaul
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Dollar poised for steep weekly fall, yen trades below 150
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Finance
How to build wealth
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Wealth Creation
Best books on building wealth
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Wealth Creation
Analysis-What China’s Xi gained from his Biden meeting
By Michael Martina, Trevor Hunnicutt and Greg Torode SAN FRANCISCO/HONG KONG (Reuters) -When Chinese President Xi Jinping met executi..
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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
Analysis-China needs to pull ‘multiple levers’ for property turnaround, say analysts
By Clare Jim, Davide Barbuscia and Karin Strohecker HONG KONG/NEW YORK (Reuters) – China’s direct interventions to ease a..
Headlines
Italian debt markets sanguine ahead of Moody’s ratings test
By Gavin Jones and Sara Rossi ROME (Reuters) – Investors will nervously await a review of Italy’s ratings on Friday, alth..
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Exclusivity the name of the game as luxury firms target China’s wealthiest for growth
By Casey Hall and Mimosa Spencer SHANGHAI/PARIS (Reuters) – The world’s biggest luxury brands seeking growth in their sec..
Business