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..
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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 ..
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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’..
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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..
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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..
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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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Wealth Creation
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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..
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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..
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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
Sweden plans new nuclear reactors by 2035, will share costs
By Simon Johnson STOCKHOLM (Reuters) – Sweden’s government said it aimed to build the equivalent of two new conventional ..
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BoE’s Greene: Investors have missed ‘higher for longer’ message
By Andy Bruce and David Milliken LONDON (Reuters) -Bank of England rate-setter Megan Greene said on Thursday that global investors ha..
Wealth Creation
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 lender sa..
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UK lenders step up mortgage price battle as inflation slows
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European companies exploring ways to boost rare metal supply
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Dollar gains after U.S. retail sales fall less than expected
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UK’s Hunt readies growth plan after fall in inflation
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How does planning and saving for your future help you build wealth?
Setting clear goals The first step towards building wealth is establishing clear and achievable financial goals. These goals act as t..
Wealth Creation