Headlines

China’s patchy COVID easing sows confusion but comforts investors

China’s patchy COVID easing sows confusion but comforts investors

By Ryan Woo and Martin Quin Pollard BEIJING (Reuters) -A partial easing of the world’s toughest COVID-19 curbs sowed confusion a..

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..

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..

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..

German inflation eased in November but too soon for ‘all-clear’

German inflation eased in November but too soon for ‘all-clear’

By Miranda Murray and Balazs Koranyi BERLIN (Reuters) – Germany’s inflation cooled slightly in November, but remained near..

UK royals in U.S. spotlight as William and Kate visit

UK royals in U.S. spotlight as William and Kate visit

By Michael Holden and Sarah Mills LONDON (Reuters) – Prince William and his wife Kate fly out to the United States on Wednesday ..

London’s West End regains pre-pandemic buzz, boosting sales

London’s West End regains pre-pandemic buzz, boosting sales

By Aby Jose Koilparambil and Suban Abdulla (Reuters) -London’s West End has seen retail, hospitality and leisure venue sales ret..

UK mortgage approvals hit lowest since June 2020

UK mortgage approvals hit lowest since June 2020

By Andy Bruce LONDON (Reuters) -The number of mortgages approved by lenders in Britain fell in October to its lowest since June 2020, ..

Greek residential property price recovery picks up in third quarter

Greek residential property price recovery picks up in third quarter

By George Georgiopoulos ATHENS (Reuters) – A recovery in Greece’s residential real estate market picked up pace in the thi..

Hyundai Motor, SK On sign EV battery supply pact for N. America

Hyundai Motor, SK On sign EV battery supply pact for N. America

By Heekyong Yang and Joyce Lee SEOUL (Reuters) – South Korea’s Hyundai Motor Group has signed an agreement to source elect..

Swiss GDP growth lags expectations in Q3

Swiss GDP growth lags expectations in Q3

ZURICH (Reuters) – The Swiss economy grew a real 0.2% in the third quarter versus the second three months of 2022 and 0.5% year-..

Nestle nudges 2022 sales outlook higher again

Nestle nudges 2022 sales outlook higher again

ZURICH (Reuters) -Nestle has nudged its 2022 sales outlook higher again, the world’s largest packaged food company said ahead of..

Europe on course to end winter with plenty of gas: Kemp

Europe on course to end winter with plenty of gas: Kemp

By John Kemp LONDON (Reuters) -Europe’s gas inventories are on course to end the winter of 2022/23 at one of the highest levels ..

UK royals in U.S. spotlight as William and Kate visit

UK royals in U.S. spotlight as William and Kate visit

By Michael Holden and Sarah Mills LONDON (Reuters) – Prince William and his wife Kate fly out to the United States on Wednesday ..

Ford recalls 634,000 vehicles worldwide over fire risks

Ford recalls 634,000 vehicles worldwide over fire risks

By David Shepardson (Reuters) -Ford Motor Co is recalling 634,000 sport utility vehicles (SUVs) worldwide over fire risks from possibl..

Italy seeks fresh options for TIM as bid for network seen fading

Italy seeks fresh options for TIM as bid for network seen fading

By Elvira Pollina and Giuseppe Fonte MILAN/ROME (Reuters) -Italy’s new government will likely need to seek fresh options for ail..

Greece PM senses “momentum” in “Elgin Marbles” talks with Britain

Greece PM senses “momentum” in “Elgin Marbles” talks with Britain

LONDON (Reuters) – Greece’s Prime Minister Kyriakos Mitsotakis said on Monday there was “progress” and a sense..

European retailers downbeat despite Black Friday boost

European retailers downbeat despite Black Friday boost

By Maria Sheahan, Toby Sterling and Alvise Armellini BERLIN/AMSTERDAM/MILAN (Reuters) -Europeans snapped up smartphones, Christmas dec..

EU sets out plans to shift derivatives clearing from London to Frankfurt

EU sets out plans to shift derivatives clearing from London to Frankfurt

By Huw Jones LONDON (Reuters) -Banks and other market participants in the European Union will have to prove to regulators that they ar..

Deutsche Bank: Equity bear market rally will stretch into 2023, dollar weaker

Deutsche Bank: Equity bear market rally will stretch into 2023, dollar weaker

LONDON (Reuters) – A bear market rally in equity markets will continue into next year before slumping as a recession in the worl..

Euro zone credit growth remains brisk despite gloomy outlook

Euro zone credit growth remains brisk despite gloomy outlook

FRANKFURT (Reuters) – Bank lending to euro zone companies held steady, maintaining the sector’s biggest borrowing binge in..

Food of the future: London air raid shelter to underground farm

Food of the future: London air raid shelter to underground farm

By Sarah Young and Aiden Nulty LONDON (Reuters) – In an underground World War Two air raid shelter where London tube trains can ..

UK’s Superdry in talks with Bantry Bay to refinance $85 million facility

UK’s Superdry in talks with Bantry Bay to refinance $85 million facility

LONDON (Reuters) – British fashion group Superdry said it is in negotiations to refinance borrowings of up to 70 million pounds ..

Dollar slips, while yuan slumps on COVID unrest in China

Dollar slips, while yuan slumps on COVID unrest in China

By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) – The dollar weakened on Monday as investors weighed up the recent dro..

UK to launch new billion-pound home insulation programme

UK to launch new billion-pound home insulation programme

LONDON (Reuters) – Britain’s government intends to make 1 billion pounds ($1.2 billion) of public funding available for ho..

Prague Christmas market returns after COVID but with fewer lights

Prague Christmas market returns after COVID but with fewer lights

PRAGUE (Reuters) – Thousands of people poured into Prague’s medieval Old Town Square at the weekend for the lighting of a ..