World Bank warns global economy could easily tip into recession in 2023
By David Lawder WASHINGTON (Reuters) – The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the br..
Finance
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Analysis-Central Europe’s path to lower inflation strewn with hazards
By Luiza Ilie and Gergely Szakacs BUCHAREST (Reuters) – Romania’s 25 basis point rate hike on Tuesday may signal an end to..
Finance
Mercedes-Benz sells 2.05 million passenger cars in 2022
BERLIN (Reuters) -Mercedes-Benz delivered 2.05 million passenger cars in 2022, the company said on Tuesday, down 1% on the previous ye..
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UK’s Morgan Advanced Materials reports cyber security incident on its network
(Reuters) – British industrial firm Morgan Advanced Materials Plc said on Tuesday it was assessing a cyber security incident aft..
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Cryptoverse: Bitcoin digs in for a bumpy new year
By Lisa Pauline Mattackal (Reuters) – Bitcoin’s looking steady in 2023. But it’s only been a week. Cryptocurrencies ..
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Taiwan calls on Germany to help maintain ‘regional order’
TAIPEI (Reuters) – Taiwan President Tsai Ing-wen called on Germany on Tuesday to help maintain “regional order” duri..
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French PM to unveil pension reform in big test for Macron
By Caroline Pailliez and Leigh Thomas PARIS (Reuters) – French Prime Minister Elisabeth Borne on Tuesday will unveil the details..
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Bentley cruises to record sales in 2022 despite China drop
By Nick Carey LONDON (Reuters) – British luxury carmaker Bentley on Tuesday reported record vehicle sales for 2022, with strong ..
Headlines
UK becoming less attractive for investment, manufacturers warn
By Andy Bruce LONDON (Reuters) – Britain has become less competitive and less attractive to foreign investors as a result of soa..
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Global stocks close in on 4-week highs, oil rises on hopes of ‘soft landing’
By David Randall NEW YORK (Reuters) -World stocks rallied on Monday to their highest levels since mid-December after China reopened it..
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Fineco CEO expects fixed income demand to help managed assets
By Valentina Za MILAN (Reuters) – Italy’s FinecoBank is seeing strong demand for fixed income products as rates rise, whic..
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Why businesses should be investing in onsite renewable energy in 2023
Alex Hunter is CEO of Sherwood Power, a renewable energy storage company that works with businesses to help them switch to..
Business
UK becoming less attractive for investment, manufacturers warn
By Andy Bruce LONDON (Reuters) – Britain has become less competitive and less attractive to foreign investors as a result of soa..
Headlines
Sterling hits 2 1/2 week high, eyes on BoE
By Samuel Indyk LONDON (Reuters) – The British pound hit a two-and-a-half-week high against a broadly weak dollar on Monday ahea..
Finance
Around 40% of German companies expect output decline in 2023 – IW institute
BERLIN (Reuters) – Four out of ten German companies expect business to shrink in 2023, a survey by the German Economic Institute..
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British PM Sunak revives talks for Arm’s London IPO -FT
(Reuters) – British Prime Minister Rishi Sunak has revived talks with Japan’s SoftBank Group Corp regarding a London listi..
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‘Life is moving forward’: China declares new COVID phase
By Liz Lee and Eduardo Baptista BEIJING (Reuters) -China braced for a “new phase” in its battle against COVID-19 on Monday..
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Dollar tentative as investors assess rate-hike path
SINGAPORE (Reuters) – The U.S. dollar was steady on Monday as investors digested a clutch of economic data released last week th..
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Renault considers making mass-market EVs in India -sources
By Aditi Shah and Gilles Guillaume NEW DELHI/PARIS (Reuters) -Renault is considering building a mass-market electric vehicle in India,..
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EU commission approves delay in medical devices law to avert shortages
LONDON (Reuters) – The European Commission said on Friday it approved delaying the deadline for companies to comply with a new l..
News
Big fall in euro zone inflation offers little help for ECB
By Balazs Koranyi and Jan Strupczewski FRANKFURT/BRUSSELS (Reuters) -Euro zone inflation tumbled last month but underlying price press..
Finance
Soccer-Former star Italy striker Vialli dies aged 58
By Keith Weir and Alvise Armellini MILAN (Reuters) -Former Italy striker Gianluca Vialli, who earned 59 caps for his country and enjoy..
Headlines
Euro zone economy sentiment rises in Dec, first time since start of Ukraine war
BRUSSELS (Reuters) – Euro zone economic sentiment improved in December for the first time since the start of the war in Ukraine,..
Finance
Biggest UK house price fall recorded since financial crisis
By Andy Bruce LONDON (Reuters) – British house prices slid in December, capping the largest quarterly drop since the financial c..
Headlines
World food prices hit record high in 2022
By Sybille de La Hamaide PARIS (Reuters) -A surge in the cost of most food commodities last year, as the disruption caused by Russia&#..
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Samsung’s quarterly profit plunges to 8-year low on demand slump
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by tw..
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Sodexo tops Q1 sales estimates as people return to offices
(Reuters) -French caterer Sodexo on Friday beat market estimates for first-quarter sales, as a return to the workplace and other venue..
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Japan, UK to sign reciprocal access agreement for military officers -Yomiuri
TOKYO (Reuters) – Japan’s Prime Minister Fumio Kishida will sign a reciprocal access agreement for military officers with ..
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Mercedez-Benz to deploy advanced automated driving system in Nevada
By David Shepardson (Reuters) -The Nevada Department of Motor Vehicles (DMV) said on Thursday that German carmaker Mercedes-Benz can d..
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Asian stocks edge up before U.S. jobs data, defying Wall Street selloff
By Kevin Buckland TOKYO (Reuters) – Asian equities gained on Friday while the dollar hovered near a one-month high as investors ..
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Germany’s BaFin tells Eurex Clearing, Clearstream to clean up organisational deficiencies
FRANKFURT (Reuters) – Germany’s financial supervisory authority (BaFin) said on Thursday it has ordered clearing house Eur..
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Geely’s EV brand Zeekr aims to double sales in 2023, expand in Europe
By Joseph White LAS VEGAS (Reuters) – Chinese electric vehicle brand Zeekr aims to double sales in 2023 to about 140,000 vehicle..
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Green bonds are set to drive corporate ESG debt out of slump in 2023 -Barclays
By Isla Binnie NEW YORK (Reuters) – Global sales of corporate bonds with environmental, social and governance (ESG) targets will..
Finance
Stocks sag as hawkish Fed cools China rally; awaits US jobs data
By Koh Gui Qing NEW YORK (Reuters) -U.S. stocks sank on Thursday and brought to a halt a rally in global stocks, as upbeat American jo..
Finance
Amazon CEO says job cuts to exceed 18,000 roles
By Jeffrey Dastin and Uday Sampath Kumar (Reuters) -Amazon.com Inc’s layoffs will now increase to more than 18,000 roles as part..
Headlines
British shoppers defy cost-of-living crisis at Christmas
By James Davey and Sarah Young LONDON (Reuters) -Britons spent more than expected over Christmas, Next, one of the country’s big..
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UK’s Prince Harry declines to commit to attending King Charles’ coronation
LONDON (Reuters) – Prince Harry declined to commit to going to the coronation of his father King Charles, according to a clip fr..
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