Dollar drops as inflation cools more than expected
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expect..
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Oil jumps on lower-than-expected US inflation data
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Wednesday as cooling U.S. inflation data spurred hopes that the Federal Res..
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Germany’s Merck to invest 300 million euros in US gas plant
(Reuters) -Germany’s Merck on Wednesday said it will invest about 300 million euros ($328 million) to develop an integrated spec..
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Inflation trumps financial risks as central bank tightening set to continue
International economic officials gathering in Washington this week for the IMF and World Bank spring meetings can take some comfort t..
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UK recruiters slow pace of pay growth in March, REC survey shows
By Suban Abdulla LONDON (Reuters) – Britain’s labour market showed signs of a slowing in the sharp pace of pay growth in M..
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Norway wealth fund employee sues for workplace gender discrimination
By Gwladys Fouche OSLO (Reuters) -A court in Oslo on Wednesday began hearing a gender discrimination case brought by an employee at No..
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Mercedes posts rise in Q1 sales boosted by EVs, premium cars
(Reuters) -Mercedes-Benz Group sales rose moderately in the first quarter of the year, boosted by electric vehicles (EV) and premium c..
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Pizza firm DP Eurasia delivers profit rise, evaluating Russian business
(Reuters) -DP Eurasia, which runs the Domino’s Pizza brand in Turkey and Russia, on Wednesday said it was still weighing options..
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Truck maker Volvo posts record Q1 as sales, margins beat forecasts
By Terje Solsvik OSLO (Reuters) – AB Volvo reported record first-quarter profit, a preliminary filing showed, as the truck maker..
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China records world’s first human death from H3N8 bird flu -WHO
BEIJING (Reuters) – A Chinese woman has become the first person to die from a type of bird flu that is rare in humans, the World..
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Oil rises about 2% with U.S. and China inflation in focus
By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose about 2% on Tuesday on hopes that the Federal Reserve might ease up on i..
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UK economy set for smaller hit in 2023 than previously feared – IMF
(Reuters) -Britain now looks set for a shallower economic hit this year than previously thought but remains on course to suffer the sh..
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Dollar dips ahead of inflation data later this week
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday as investors waited on inflation data for further signs of whe..
Finance
Britain sets 5G goal, says no ‘magic number’ of operators
LONDON (Reuters) – Britain set an ambition to deliver next-generation 5G mobile coverage to populated areas by 2030 and said the..
Headlines
World stocks cling to upbeat mood, dollar stalls
By Dhara Ranasinghe LONDON (Reuters) -World stocks rallied on Tuesday as traders held onto hope that interest rates will soon peak and..
Finance
Explainer-Why European money market funds inflows are lagging behind the U.S. torrent?
By Harry Robertson LONDON (Reuters) – Investors poured $367 billion into U.S. money market funds in March, according to data pro..
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Cryptoverse: Ethereum upgrade to unlock $33 billion
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Investors are finally set to gain access to more than $33 billion of ether..
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Hong Kong finance official to make first visit to Britain in three years
HONG KONG (Reuters) – A top financial official from Hong Kong is set to visit Britain in April in the first ministerial-level vi..
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British doctors’ strikes risk patient safety, minister says
LONDON (Reuters) – Britain’s health minister warned patients’ safety is at risk as junior doctors began four days of..
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US House committee chair ‘concerned’ by Tesla deals in China
By Michael Martina and Patricia Zengerle WASHINGTON (Reuters) – The leader of a U.S. congressional committee on China said on Mo..
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Wall Street slips, dollar gains as Fed seen hiking rates in May
By Herbert Lash NEW YORK (Reuters) – U.S. stock indexes fell and the dollar rose on Monday after strong jobs data last week sugg..
Finance
Bank of Canada seen on hold even as economy accelerates
By Fergal Smith TORONTO (Reuters) -The Bank of Canada is expected to take in stride surprising recent economic strength and leave inte..
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Intel leak has U.S. officials bracing for impact at home and abroad
By Idrees Ali and Jonathan Landay WASHINGTON(Reuters) – The U.S. national security community is grappling with fallout from the ..
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India’s Tata Motors jumps to a 7-month high on strong Q4 JLR sales
BENGALURU (Reuters) – Shares of Indian automaker Tata Motors Ltd rose as much as 8.15% to a seven-month high on Monday after its..
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Yen sinks as rates outlook diverges; NZ dollar tumbles
By Kevin Buckland TOKYO (Reuters) – The yen sank against major peers on Monday after U.S. payrolls data bolstered the case for f..
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Soccer-England’s Houghton will keep ‘knocking the door’ for the World Cup
(Reuters) – Former England captain Steph Houghton has said it has been tough to deal with her omission from the national team as..
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Factbox-From holy oil to sceptres and a spoon: King Charles’ coronation ceremony
LONDON (Reuters) – The ceremony for King Charles’s coronation at Westminster Abbey in London on May 6 will involve histori..
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London’s FTSE 100 climbs ahead of Easter break
By Sruthi Shankar and Shristi Achar A (Reuters) -UK’s blue-chip index rose on Thursday, gaining for a third consecutive week, as..
Finance
IMF’s Georgieva sees global growth below 3% in 2023, robust recovery ‘elusive’
By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund expects global economic growth to dip below 3% in 2023 and to r..
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Analysis-Easter travel warnings pile pressure on European airlines
By Joanna Plucinska and Silvia Aloisi LONDON/PARIS (Reuters) – European aviation is gearing up for Easter travel disruptions mar..
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Pension protests to bring ‘maximum’ workers in France after government, union talks fail
By Silvia Aloisi PARIS (Reuters) – France braced for a new round of nationwide protests and strikes on Thursday after a meeting ..
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US fines British Airways $135,000 over tarmac delay in 2017
By David Shepardson NEW YORK (Reuters) – The U.S. Transportation Department (USDOT) Wednesday imposed a $135,000 penalty on Brit..
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Roller coaster March puts macro hedge funds in red, others post small gains
By Carolina Mandl and Svea Herbst-Bayliss NEW YORK (Reuters) -Big market swings in March sparked by a banking crisis hurt some hedge f..
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Australian mayor readies world’s first defamation lawsuit over ChatGPT content
By Byron Kaye SYDNEY (Reuters) – A regional Australian mayor said he may sue OpenAI if it does not correct ChatGPT’s false..
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Wall St ends lower, Treasury yields slide as data fuels recession jitters
By Stephen Culp NEW YORK (Reuters) – U.S. stocks lost ground on Wednesday and Treasury yields extended their decline as a batch ..
Finance
Stellantis unveils Ram EV pickup, to debut late in 2024, at New York auto show
By David Shepardson NEW YORK (Reuters) -Chrysler parent Stellantis NV on Wednesday unveiled its new electric Ram pickup truck, which i..
Business
Analysis-Global climate coalitions need safer harbour from antitrust turbulence
LONDON (Reuters) -Global companies that form alliances to help them to tackle climate change need clear “safe harbour” gui..
Finance