All Posts

UK new car sales rise in November, fail to zoom past 2019 levels- SMMT

UK new car sales rise in November, fail to zoom past 2019 levels- SMMT

(Reuters) – British new car registrations jumped nearly 24% in November from a year earlier to record their fourth straight mont..

Oil prices rise after OPEC+ keeps output steady, Russian price cap imposed

Oil prices rise after OPEC+ keeps output steady, Russian price cap imposed

By Noah Browning LONDON (Reuters) -Oil prices rose on Monday after OPEC+ nations held their output targets steady ahead of a European ..

Tax credits for EU electric vehicles to dominate Monday’s trade talks with U.S

Tax credits for EU electric vehicles to dominate Monday’s trade talks with U.S

By David Lawder COLLEGE PARK, Md. (Reuters) -Top European Union officials are aiming to be more vocal at a trade meeting with their U...

Euro zone likely heading into mild recession-PMI

Euro zone likely heading into mild recession-PMI

LONDON (Reuters) – Euro zone business activity declined for a fifth month in November, suggesting the economy was sliding into a..

Volkswagen to discuss new software roadmap on Dec. 15 -Handelsblatt

Volkswagen to discuss new software roadmap on Dec. 15 -Handelsblatt

BERLIN (Reuters) – Volkswagen Chief Executive Oliver Blume will present a long-delayed new software strategy for the carmaker at..

Trafigura enters $3 billion loan to supply Germany’s Sefe with gas

Trafigura enters $3 billion loan to supply Germany’s Sefe with gas

FRANKFURT (Reuters) – Commodities trading firm Trafigura on Monday said it has entered into a $3 billion four-year loan to suppl..

Asia shares bank on eventual China opening; oil gains

Asia shares bank on eventual China opening; oil gains

By Wayne Cole SYDNEY (Reuters) – Asian shares extended their rally on Monday as investors hoped steps to unwind pandemic restric..

Dollar soft as China reopening hopes boost risk sentiment

Dollar soft as China reopening hopes boost risk sentiment

SINGAPORE (Reuters) – The dollar struggled to gain a foothold on Monday and was languishing at five-month lows as traders looked..

Dollar soft as China reopening hopes boost risk sentiment

Dollar soft as China reopening hopes boost risk sentiment

SINGAPORE (Reuters) – The dollar struggled to gain a foothold on Monday and was languishing at five-month lows as traders looked..

U.S., France agreed to “fix” U.S. subsidies issues, says Macron

U.S., France agreed to “fix” U.S. subsidies issues, says Macron

(Reuters) -President Joe Biden and French President Emmanuel Macron agreed during a state visit earlier this week to “fix”..

UK economy to shrink in 2023, risks ‘lost decade’: CBI

UK economy to shrink in 2023, risks ‘lost decade’: CBI

By David Milliken LONDON (Reuters) – Britain’s economy is on course to shrink 0.4% next year as inflation remains high and..

Crypto broker Genesis owes Gemini’s customers $900 million – FT

Crypto broker Genesis owes Gemini’s customers $900 million – FT

(Reuters) -Crypto broker Genesis and its parent company Digital Currency Group (DCG) owe customers of the Winklevoss twins’ cryp..

Analysis-Energy hungry Europe can’t look to U.S. shale to fill any OPEC gap

Analysis-Energy hungry Europe can’t look to U.S. shale to fill any OPEC gap

By Laila Kearney, Liz Hampton and Arathy Somasekhar NEW YORK/DENVER/HOUSTON (Reuters) – U.S. shale oil drillers turned from scra..

Take Five: Ready for that Santa rally?

Take Five: Ready for that Santa rally?

(Reuters) – Swiss lender Credit Suisse faces a litmus test over its rights issue, just one several trials markets must work thro..

U.S., EU to address Inflation Reduction Act fears constructively -draft

U.S., EU to address Inflation Reduction Act fears constructively -draft

By Foo Yun Chee BRUSSELS (Reuters) – The United States and the European Union will seek to tackle EU concerns about a new U.S. g..

Stocks fall as strong U.S. payrolls muddies rate bets

Stocks fall as strong U.S. payrolls muddies rate bets

By Sinéad Carew NEW YORK (Reuters) – Equities took a dip on Friday while U.S. Treasury yields climbed as investors bet on a more..

Euro zone bond yields rise after U.S. jobs data

Euro zone bond yields rise after U.S. jobs data

By Alun John LONDON (Reuters) – European government bond yields rose after Friday data showed U.S. employers hired more workers ..

Reckitt expects U.S. infant formula shortage until spring

Reckitt expects U.S. infant formula shortage until spring

By Richa Naidu LONDON (Reuters) -The near year-long infant formula shortage in the United States that prompted the intervention of t..

Factbox-Global banks take axe to jobs as cost pressures mount

Factbox-Global banks take axe to jobs as cost pressures mount

LONDON (Reuters) – Banks typically trim jobs towards the end of the year, but 2022 has seen a bigger wave of redundancies and la..

Irish corporate tax boom breaks more records in November

Irish corporate tax boom breaks more records in November

DUBLIN (Reuters) – Ireland took in more corporate tax in November than it used to collect in entire years a decade ago, as a rec..

Pfizer to invest more than $2.5 billion to expand European manufacturing

Pfizer to invest more than $2.5 billion to expand European manufacturing

By Michael Erman NEW YORK (Reuters) -Pfizer Inc is investing more than $2.5 billion at its drug making plants in Belgium and Ireland, ..

Global central banks extend rate hike push in November

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..

EU countries consider lower gas price cap – documents

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..

Factbox-What European companies are doing as workers face high inflation

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..

UniCredit to pay bonus, replace 850 older branch staff in Italy

UniCredit to pay bonus, replace 850 older branch staff in Italy

MILAN (Reuters) – Italy’s second-biggest bank UniCredit will give employees in Italy a one-off payment of 2,400 euros ($2,..

Spain’s labour market resilient as unemployment drops in Nov

Spain’s labour market resilient as unemployment drops in Nov

MADRID (Reuters) -Unemployment fell and net jobs were created in November in Spain, official data showed on Friday, reflecting strengt..

Explainer-India G20 presidency 2023: what does it mean and what can we expect

Explainer-India G20 presidency 2023: what does it mean and what can we expect

By Devjyot Ghoshal NEW DELHI (Reuters) – India began its year-long presidency of the Group of 20 (G20) this week, taking over fr..

UK parliament committee chair says she talked defence cooperation on Taiwan trip

UK parliament committee chair says she talked defence cooperation on Taiwan trip

TAIPEI (Reuters) – A senior British lawmaker said on Friday her delegation had discussed defence cooperation with Taiwan during ..

Dollar steadies near 16-week low, yuan set for biggest weekly gain since 2005

Dollar steadies near 16-week low, yuan set for biggest weekly gain since 2005

By Samuel Indyk LONDON (Reuters) – The dollar was pinned near 16-week lows against a basket of major currencies on Friday ahead ..

India’s Reliance makes rare buy of Russian naphtha, ups fuel oil imports

India’s Reliance makes rare buy of Russian naphtha, ups fuel oil imports

By Mohi Narayan NEW DELHI (Reuters) – India’s Reliance Industries, operator of the world’s largest refining complex,..

Soccer-World Cup 2022: England’s route to final explained

Soccer-World Cup 2022: England’s route to final explained

(Reuters) – England are looking to win their second World Cup title at the Nov. 20-Dec. 18 tournament in Qatar. Here is what you..

How investors can support SMEs during the current economic squeeze

How investors can support SMEs during the current economic squeeze

  By Nikolai Hentsch, COO, AREX Markets  When business confidence is in steady decline, with interest rates and infl..

EU sets recycling, reuse targets to cut packaging waste

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..

BYD set to be China’s top-selling car brand for Nov, Tesla gains -data

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..

Portugal’s Q3 growth accelerates with consumption but future not shining

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..

FTX collapse shows urgent need to finalise EU crypto rules, says European Commission

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..

World stocks upbeat on hopes for China re-opening, inflation peaking

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..