There’s no more money, German minister tells rowdy farmers
BERLIN (Reuters) – Germany’s Finance Minister Christian Lindner took to thestage on Monday in front of thousands of jeerin..
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German economy dodges recession despite shrinking 0.3% in 2023
BERLIN (Reuters) -The German economy contracted in 2023, due to persistent inflation, high energy prices and weak foreign demand, but ..
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Microsoft topples Apple to become global market cap leader
(Reuters) – Microsoft has eclipsed Apple to become the world’s largest company by market capitalization, driven by its dee..
Business
US bank profits fall in choppy quarter marked by special charges, falling lending margins
WASHINGTON (Reuters) -Major U.S. bank profits fell on Friday in a choppy fourth quarter complicated by special charges and job cuts, w..
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Exclusive-EU investigators to inspect China’s BYD, Geely and SAIC in EV probe – source
SHANGHAI/BRUSSELS (Reuters) -European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a prob..
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US scientists say one-in-three chance 2024 another year of record heat
By Gloria Dickie TORONTO (Reuters) – This year has a one-in-three chance of being even hotter than 2023, which was already th..
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Oil rises 2% as some tankers avoid Red Sea after strikes
HOUSTON (Reuters) -Oil climbed more than 2% on Friday, as some oil tankers diverted course from the Red Sea following overnight air an..
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JPMorgan’s annual profit surges to record even as Q4 net income dips
(Reuters) -JPMorgan Chase reported its best-ever annual profit and forecast higher-than-expected interest income for 2024, even as i..
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UK could beat US and euro zone to sub-2% inflation – Capital
LONDON (Reuters) – Britain, which has had the strongest inflation among the world’s big rich economies for much of the pas..
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Oil gains after US, UK strike on Houthis; U.S. yields ease after PPI
Oil gains after US, UK strike on Houthis; U.S. yields ease after PPI By Caroline Valetkevitch NEW YORK (Reuters) -Oil prices jumped mo..
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US FAA to boost oversight of Boeing, sees more manufacturing issues
US FAA to boost oversight of Boeing, sees more manufacturing issues By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Aviatio..
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Dollar dips after soft US inflation data, Aussie, New Zealand dollars outperform
Dollar dips after soft US inflation data, Aussie, New Zealand dollars outperform By Karen Brettell NEW YORK (Reuters) – The do..
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Navigating the tech talent crisis – what every FS firm should know
Navigating the tech talent crisis – what every FS firm should know Andy Peddar is CEO and co-founder of Deazy The fact tha..
Technology
St Peter’s centrepiece to get makeover in time for 2025 Holy Year
St Peter’s centrepiece to get makeover in time for 2025 Holy Year VATICAN CITY (Reuters) – A giant bronze canopy at the ce..
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Tesco raises profit outlook again after strong Christmas sales
LONDON (Reuters) -Tesco, Britain’s biggest retailer, upgraded its profit outlook for the second time in four months as it report..
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EU lawmakers consider stronger plastic pollution law after spill hits Spain
BRUSSELS (Reuters) – Some European Union lawmakers are pushing to strengthen a planned law on microplastics pollution, after mil..
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UK to make Big Tech give rivals access to data under new plans
LONDON (Reuters) – Britain’s competition regulator plans to make big tech companies give their rivals greater access to da..
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UK sees 39% jump in households failing to pay energy bills
LONDON (Reuters) – The number of British households who failed to pay their energy bills last month was 39% higher than a year a..
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M&S claims Christmas crown as food and clothing sales beat forecasts
LONDON (Reuters) -British retailer Marks & Spencer on Thursday reported a better-than-expected 8.1% rise in sales over the Christm..
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How real-time liquidity management can mitigate risk
Financial institutions leverage data and analytics to manage credit, market and operational risk. Neville Roberts, CEO, Pl..
Finance
French Eco-Warrior Romain Girbal Sheds Light on Hazards of Aluminum Production, IB2’s Green Solution
Aluminum is an essential part of our everyday lives. It’s used to make a lot of things, from soda cans to the cars we drive. How..
Business
Festive Bakes and lattes deliver Christmas cheer for UK’s Greggs
LONDON (Reuters) – Britain’s Greggs said strong demand for its Festive Bakes, Christmas lunch baguettes and salted caramel..
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Danone must face Evian water ‘carbon neutral’ lawsuit
(Reuters) – A judge in New York ruled on Wednesday that Danone must face a lawsuit challenging its “carbon neutral” ..
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Japan stocks hit 34-year high, markets calm before US inflation data
LONDON/SINGAPORE (Reuters) -Japanese stocks hit a 34-year high on Wednesday while global equities, the dollar and bonds held steady ah..
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Share of Russian aluminium in LME warehouses rises to 90% after UK curbs
LONDON (Reuters) -The share of available aluminium stocks of Russian origin in London Metal Exchange-approved (LME) warehouses rose to..
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Explainer-A year of political challenges for Germany
BERLIN (Reuters) – German politics has had an unruly start to the year, with farmer protests rattling the government, a budget c..
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Madrid museum welcomes ruling it can keep painting looted by Nazis
MADRID (Reuters) – One of Spain’s top museums welcomed a U.S. court decision allowing it to keep a French impressionist pa..
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Sainsbury’s bumper Christmas for food offset by weakness elsewhere
Sainsbury’s bumper Christmas for food offset by weakness elsewhere By James Davey LONDON (Reuters) -Strong demand for luxury foo..
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BMW retools Munich headquarters for all-electric production from 2027
BMW retools Munich headquarters for all-electric production from 2027 BERLIN (Reuters) -BMW is investing 650 million euros ($711 milli..
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Euro zone economy bottoming out, but outlook weak, ECB policymakers say
Euro zone economy bottoming out, but outlook weak, ECB policymakers say FRANKFURT (Reuters) -The euro zone may have been in recession ..
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Dollar gains on yen, Bitcoin slides after SEC hack
Dollar gains on yen, Bitcoin slides after SEC hack By Karen Brettell NEW YORK (Reuters) – The dollar gained on the yen but edg..
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Factbox-How companies are responding to attacks on ships in the Red Sea
Factbox-How companies are responding to attacks on ships in the Red Sea (Reuters) -Attacks on vessels by Iranian-backed Houthi militan..
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Yields rise, stocks dip as rate cut path remains in focus
Yields rise, stocks dip as rate cut path remains in focus By Scott Murdoch and Alun John SYDNEY/LONDON (Reuters) -Government bond yiel..
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Factbox-How companies are responding to attacks on ships in the Red Sea
Factbox-How companies are responding to attacks on ships in the Red Sea (Reuters) -Attacks on vessels by Iranian-backed Houthi militan..
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German industrial output drops unexpectedly in November
German industrial output drops unexpectedly in November By Maria Martinez (Reuters) -German industrial production unexpectedly fell in..
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World Bank forecasts 2024 global growth to slow for third consecutive year
World Bank forecasts 2024 global growth to slow for third consecutive year By David Lawder WASHINGTON (Reuters) – The World Ba..
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ProjectPay’s payments solution for small build firms and contractors wins public funding
ProjectPay’s payments solution for small build firms and contractors wins public funding ProjectPay, a new construction project paymen..
Business