Tesla’s China sales rise to record high in 2024, bucking global decline
BEIJING (Reuters) -U.S. electric vehicle maker Tesla said on Friday its China sales rose 8.8% to a record high of more than 657,000 ca..
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Dollar reigns with support of higher yields
SINGAPORE (Reuters) -The Japanese yen traded around five-month lows on Monday against a dollar underpinned by rising U.S. yields as th..
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Oil prices set for weekly gain on China stimulus optimism
(Reuters) – Oil prices were little changed on Friday but were set for a weekly rise amid optimism economic stimulus efforts ..
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Oil climbs more than $1 on reports of Iran preparing strike on Israel
By Florence Tan SINGAPORE (Reuters) – Oil prices extended gains on Friday, climbing more than $1 a barrel to pare weekly losses,..
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More companies planning price hikes in Germany, survey finds
BERLIN (Reuters) – Companies in Germany’s industrial, retail and corporate services sectors are planning more price..
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Harry Potter publisher Bloomsbury tracks ahead of FY24-25 expectations on fantasy-fiction demand
(Reuters) -UK’s Bloomsbury Publishing on Thursday said trading in fiscal year 2024-2025 will be ahead of current expectat..
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Mike Ashley’s Frasers drops plan to buy luxury brand Mulberry
(Reuters) -British sportswear and apparel retailer Frasers Group walked away from its attempts to buy Mulberry on Wednesday, ci..
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US tech firms to invest $8.2 billion in UK data centres
LONDON (Reuters) – Britain said on Monday that U.S. firms ServiceNow, CyrusOne, CloudHQ and CoreWeave would invest a comb..
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Stocks, US yields up after Fed minutes; inflation data on deck
By Chuck Mikolajczak NEW YORK (Reuters) -Global stocks advanced on Wednesday along with U.S. Treasury yields, as minutes from t..
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Factbox-2024 Nobel prizes announced this week
STOCKHOLM (Reuters) – The Nobel prizes are to be announced this week, starting with the award for medicine or physiology ..
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Morning Bid: PMIs to pave the way for rate cuts
A look at the day ahead in European and global markets from Stella Qiu Services PMIs due across Europe on Thursday are likely t..
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Labour’s move to tax private education leaves Britain divided
By Sarah Young MALVERN, England (Reuters) – Mark Manwaring-White, 67, had been hoping to retire but a policy introduced b..
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Germany plans to reduce Commerzbank stake as stability restored
(Reuters) – Germany intends to reduce its stake in Commerzbank AG as the lender is stable again years after its rescue in..
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AI likely to weigh on oil prices over the next decade, Goldman says
(Reuters) – Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing..
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Tennis-Draper carries British hopes into U.S. Open quarters
NEW YORK (Reuters) – Jack Draper said he was thrilled to become the first British man to reach the U.S. Open quarter-finals sinc..
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Sunk superyacht likely to cost insurers at least $150 million, experts say
By Noor Zainab Hussain and Carolyn Cohn LONDON (Reuters) – Insurers of the Bayesian superyacht that sank this month, kill..
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Meyer Burger halts solar plant in Colorado, plans restructuring
ZURICH (Reuters) -Swiss solar panel maker Meyer Burger said on Monday it was suspending plans for a plant in Colorado as it ann..
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BHP’s return to Argentina marks new hope for untapped copper mines
By Daina Beth Solomon and Divya Rajagopal SANTIAGO/TORONTO (Reuters) – A new incentive regime for mining in Argentina is ..
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Yen slips, markets brace for US inflation data
By Vidya Ranganathan SINGAPORE (Reuters) – The yen was a tad softer against the dollar in trading thinned by a Japanese h..
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British royals release photo of Prince George to mark eleventh birthday
LONDON (Reuters) – Britain’s Prince George turned eleven on Monday, with Kensington Palace publishing a new photogr..
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Ransom and AI generated attacks driving cybersecurity investment according to survey by Infosecurity Europe
Infosecurity Europe, ExCeL London, 21 May 2024: Infosecurity Europe, the most influential information security event running at ExCeL ..
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Bayer’s Monsanto wins reversal of $185 million PCBs verdict in Washington court
By Clark Mindock (Reuters) -A Washington state appeals court overturned on Wednesday a $185 million verdict against Bayer’s Mons..
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After VW plant victory, UAW sets its sights on Mercedes in Alabama
CHATTANOOGA, Tennessee (Reuters) – The United Auto Workers has made history by winning its first unionization vote at an auto fa..
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ECB to set up June rate cut after rapid disinflation
FRANKFURT (Reuters) -The European Central Bank is all but certain to keep borrowing costs at a record high on Thursday but is likely t..
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Xiaomi’s EV buyers face up to seven-month wait for car, app shows
BEIJING (Reuters) -Xiaomi is advising would-be buyers of its new SU7 electric sedan that they could face an up to seven-month wait, it..
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Syngenta ditches multi-billion dollar China IPO bid
BEIJING (Reuters) -Swiss agrichemicals and seeds group Syngenta on Friday withdrew its bid for a multi-billion dollar listing on the S..
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India keen on trade deals with Britain, Oman early in Modi’s probable third term, sources say
By Shivangi Acharya NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi is likely to prioritise completion of free trade d..
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Big Oil’s climate planning not good enough, investor group says
By Simon Jessop LONDON (Reuters) -The current low-carbon transition plans of 10 of Europe’s and North America’s biggest li..
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Consumers need better protection against the cost of environmental regulations
Tighter environmental regulations can boost industry profits and drive up costs for consumers, finds research from Aalto University Sc..
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Cryptoverse: AI tokens outpace record-breaking bitcoin
(Reuters) – The artificial intelligence boom has hit the crypto market with a bang. Coins linked to AI-focused crypto projects h..
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AstraZeneca follows rival Boehringer in capping out-of-pocket costs for inhalers
(Reuters) – Drugmaker AstraZeneca said on Monday it would cap out-of-pocket costs for its inhaled respiratory products at $35 pe..
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Beiersdorf warns of slowing sales growth amid soft demand
Beiersdorf warns of slowing sales growth amid soft demand By Matthias Inverardi and Linda Pasquini (Reuters) -Nivea maker Beiersdorf o..
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Dental implants maker Straumann sees steady sales growth in 2024
Dental implants maker Straumann sees steady sales growth in 2024 (Reuters) – Swiss dental implant maker Straumann on Tuesday for..
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New Zealand labour pressures ease slightly, jobs market still tight
New Zealand labour pressures ease slightly, jobs market still tight By Lucy Craymer WELLINGTON (Reuters) -New Zealand labour pressures..
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Euro zone economy lags global growth as Germany struggles
Euro zone economy lags global growth as Germany struggles
FRANKFURT/BRUSSELS (Reuters) – The euro zone’s economy stagnated last year, underperforming the rest of the world as former powerhouse Ger..
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Stocks steady, yields dip ahead of action-packed week
LONDON/TOKYO (Reuters) -European shares were at their highest since January 2022 and bond yields dipped on Monday, at the start of a p..
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Europe will miss 2030 chip market goal, says ASML CEO
AMSTERDAM (Reuters) – Europe will miss its goal of raising its share of the global computer chip market to 20% by 2030 because i..
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