Oil stocks send FTSE 100 to 7-week closing high, Anglo American sinks
Oil stocks send FTSE 100 to 7-week closing high, Anglo American sinks By Shashwat Chauhan and Sruthi Shankar (Reuters) -The UK’s..
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In Olympics race, Adidas pursues edge in new sports
HERZOGENAURACH, Germany (Reuters) – As sportswear rivals jockey for position ahead of next year’s Paris Olympics, Adidas i..
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Stocks gain, Treasury yields climb after US payrolls report
NEW YORK (Reuters) -A gauge of global stocks was higher on Friday, on track for its sixth straight week of gains, while U.S. Treasury ..
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Azerbaijan tipped to host COP29 climate talks
DUBAI (Reuters) -Azerbaijan is tipped to host next year’s U.N. climate summit, after striking a late deal with longtime advers..
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Stalled talks resume on EU’s AI Act, biometric surveillance targeted
BRUSSELS/LONDON/STOCKHOLM (Reuters) -A third day of negotiations on Friday over landmark European Union rules governing the use of a..
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COP28 considers end to fossil fuels in move opposed by OPEC
DUBAI (Reuters) -OPEC is rallying its oil producing members to veto a proposed deal to phase out fossil fuels at the COP28 climate sum..
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How electric vehicles are accelerating the end of the oil age
(Reuters) – There is plenty of hand-wringing on display at the COP28 climate conference in Dubai about the slow pace of reduci..
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EU scientists say 2023 will be warmest year on record globally
(Reuters) -European Union scientists said on Wednesday that 2023 would be the warmest year on record, as global mean temperature for t..
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Analysis-China turbo-charges cobalt mine output despite price crash
LONDON (Reuters) – Chinese-owned companies are aggressively expanding cobalt mining in Congo and Indonesia even while prices cra..
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German coalition parties at loggerheads as budget crisis grows
By Christian Kraemer and Andreas Rinke BERLIN (Reuters) -Germany’s coalition partners intensified efforts on Wednesday to find a..
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US FTC tries again to stop Microsoft’s already-closed deal for Activision
WASHINGTON (Reuters) – U.S. antitrust enforcers will argue on Wednesday that a federal judge got it wrong when she ruled that Mi..
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Moody’s cuts China credit outlook, citing lower growth, property risks
Moody’s cuts China credit outlook, citing lower growth, property risks (Reuters) – Ratings agency Moody’s cut its ou..
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Explainer-What new OPEC+ oil output cuts are in place after Thursday deal
Explainer-What new OPEC+ oil output cuts are in place after Thursday deal By Alex Lawler LONDON (Reuters) -OPEC+ oil producers on Thur..
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Analysis-Schnabel reconciles ECB with markets – until next fight
FRANKFURT (Reuters) – The European Central Bank’s leading hawk Isabel Schnabel has reconciled her institution with investo..
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Dollar steady after key jobs data comes in below estimates
WASHINGTON/LONDON (Reuters) -The U.S. dollar stood near a one-week high against a basket of currencies on Tuesday, after fresh employm..
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COP28 focus on health draws $777 million to fight tropical disease
DUBAI (Reuters) -The United Arab Emirates and several charities at the U.N. climate summit on Sunday offered $777 million in financing..
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Dollar gains back ground on rate bets; bitcoin breaches $42,000
WASHINGTON/LONDON (Reuters) – The dollar ticked higher on Monday, regaining some ground after falling for three straight weeks o..
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Spotify to cut 1,500 jobs in third layoff round this year, shares jump
STOCKHOLM (Reuters) – Music streaming giant Spotify said on Monday that it will lay off around 1,500 employees, or 17% of its wo..
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German budget crisis talks enter crunch week
BERLIN (Reuters) – German Chancellor Olaf Scholz, Finance Minister Christian Lindner and Economy Minister Robert Habeck held tal..
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EU auditors warn about worsening competition in public procurement
BRUSSELS (Reuters) – Competition in public procurement across the 27 European Union countries worsened over the last decade, t..
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Analysis-EU’s electric dreams short-circuited by EV charging gridlock
BRUSSELS (Reuters) – Electric vehicle drivers hoping to top up their batteries at one of Repsol’s 1,600 Spanish charging s..
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Market pushback on central banks’ rates view just got louder
LONDON (Reuters) -A big disconnect between financial markets and central banks has just got deeper, with traders ramping up their bets..
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UBS sees shift in new billionaires away from entrepreneurs to inherited wealth
ZURICH (Reuters) – Billionaires increased in numbers and overall wealth last year, Swiss bank UBS said on Thursday, with the for..
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Stocks snooze in Thanksgiving lull, still on course for best month in three years
LONDON/SYDNEY (Reuters) -Global shares drifted on Friday in the absence of guidance from Wall Street, which was closed for the Thanksg..
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China offers visa-free entry for citizens of France, Germany, Italy
BEIJING (Reuters) -China will temporarily exempt citizens of France, Germany, Italy, the Netherlands, Spain and Malaysia from needing ..
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Factbox-UK’s Hunt sets out plans to boost economic growth
LONDON (Reuters) – British finance minister Jeremy Hunt announced on Wednesday cuts to personal taxation and efforts to boost bu..
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Maersk enters deal for half a million tonnes of green methanol annually
COPENHAGEN (Reuters) -Maersk on Wednesday announced it had entered into the shipping industry’s first large-scale agreement for ..
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US stocks edge higher ahead of holiday, crude tumbles
NEW YORK (Reuters) -U.S. stocks resumed their uphill climb led by interest rate sensitive megacaps on Wednesday, while crude prices sl..
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Nvidia shares drop as China worries overshadow stellar forecast
(Reuters) – Nvidia shares fell nearly 4% on Wednesday on fears that widening U.S. chip curbs would sap growth in China, its thir..
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Dollar strengthens after U.S. labor, consumer sentiment data
NEW YORK (Reuters) – The dollar index rose on Wednesday, bouncing back from a 2-1/2 month low after economic data showed the num..
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Temu, Shein far lag Amazon as online holiday shopping ramps up
NEW YORK (Reuters) – Upstart online retailers Temu.com and Shein are drawing millions of window-shoppers to their websites this ..
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Firmer pound weighs on FTSE 100 ahead of interim budget; Ashtead tanks
(Reuters) -UK’s FTSE 100 dipped on Monday, weighed by a stronger pound and a slide in shares of equipment rental firm Ashtead Gr..
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European shares inch up after robust week; Bayer tanks
(Reuters) -European shares edged higher on Monday after a strong week driven by aggressive bets on interest rate cuts, while drugs-to-..
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From Lululemon to Birkenstock, duplicate styles lure holiday shoppers
NEW YORK (Reuters) – Lauren Maginness is a fan of Lululemon. But the 31-year-old product marketer in New York City is increasing..
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Brent, US crude futures climb over 2% as OPEC cuts expected
HOUSTON (Reuters) -Brent and U.S. crude futures climbed more than 2.5%, gaining $2 a barrel on Monday, as further supply cuts in OPEC+..
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OpenAI appoints new boss as Sam Altman joins Microsoft in Silicon Valley twist
SAN FRANCISCO (Reuters) -OpenAI named ex-Twitch boss Emmett Shear as interim CEO, while outgoing chief Sam Altman moved to backer Micr..
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Factbox-German budget crisis tests limits of its ‘debt brake’
BERLIN (Reuters) – Germany’s constitutional court ruled last week that the coalition government’s decision to re-all..
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