US Senate leader Schumer calls for AI rules as ChatGPT surges in popularity
By David Shepardson WASHINGTON (Reuters) -Senate Majority Leader Chuck Schumer said Thursday he had launched an effort to establish r..
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Spain offers to pay companies testing a 4-day work week
By Belén Carreño MADRID (Reuters) – Spanish companies with fewer than 250 workers have one month to apply for a pilot government..
Business
Analysis-LVMH’s caution points to Americans’ waning lust for luxury
By Mimosa Spencer PARIS (Reuters) – Luxury shoppers in the United States are curtailing purchases of high-end fashion and leathe..
Business
Bank of England fines former TSB executive over 2018 IT failure
LONDON (Reuters) -The Bank of England said on Thursday it had fined TSB Bank’s former chief information officer Carlos Abarca 8..
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Stocks and gold cheer U.S. inflation picture, while dollar slides
By Amanda Cooper LONDON (Reuters) -Global shares rose on Thursday, while the dollar held near two-month lows after U.S. inflation dat..
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India opens new investigation into BBC in widening crackdown
By Aftab Ahmed NEW DELHI (Reuters) -India’s financial crime-fighting agency has opened an investigation into alleged violations..
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Schneider and GreenYellow target smaller businesses with energy saving technology
By America Hernandez PARIS (Reuters) – Schneider Electric and solar startup GreenYellow will target small- and medium-sized Eur..
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Lack of electric vans opens door for Chinese, other EV makers
By Nick Carey LONDON (Reuters) – Legacy automakers got off to a late start with their commercial electric vans, opening the door..
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Sovereign debtors, creditors agree on steps to jumpstart debt restructurings
By Andrea Shalal WASHINGTON (Reuters) – Global creditors, debtor nations and international financial institutions on Wednesday ..
News
BoE’s Bailey says bank reforms worked but questions about liquidity buffers
By Huw Jones (Reuters) -Bank of England Governor Andrew Bailey said bank reforms enacted after the global financial crisis of 2007-09..
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G7 finance leaders pledge financial stability, supply chain diversity
By Christian Kraemer and David Lawder WASHINGTON (Reuters) -Group of Seven (G7) finance leaders pledged on Wednesday to take action to..
News
UK housing market weakness continues, improvement on the horizon – RICS
By Suban Abdulla LONDON (Reuters) – Britain’s housing market continued to feel the pinch of higher borrowing costs in Marc..
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Dollar drops as inflation cools more than expected
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expect..
Finance
Oil jumps on lower-than-expected US inflation data
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Wednesday as cooling U.S. inflation data spurred hopes that the Federal Res..
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Germany’s Merck to invest 300 million euros in US gas plant
(Reuters) -Germany’s Merck on Wednesday said it will invest about 300 million euros ($328 million) to develop an integrated spec..
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Inflation trumps financial risks as central bank tightening set to continue
By Howard Schneider, William Schomberg and Balazs Koranyi WASHINGTON/LONDON/FRANKFURT (Reuters) – Despite broad warnings about ..
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UK recruiters slow pace of pay growth in March, REC survey shows
By Suban Abdulla LONDON (Reuters) – Britain’s labour market showed signs of a slowing in the sharp pace of pay growth in M..
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Norway wealth fund employee sues for workplace gender discrimination
By Gwladys Fouche OSLO (Reuters) -A court in Oslo on Wednesday began hearing a gender discrimination case brought by an employee at No..
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Mercedes posts rise in Q1 sales boosted by EVs, premium cars
(Reuters) -Mercedes-Benz Group sales rose moderately in the first quarter of the year, boosted by electric vehicles (EV) and premium c..
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Pizza firm DP Eurasia delivers profit rise, evaluating Russian business
(Reuters) -DP Eurasia, which runs the Domino’s Pizza brand in Turkey and Russia, on Wednesday said it was still weighing options..
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Truck maker Volvo posts record Q1 as sales, margins beat forecasts
By Terje Solsvik OSLO (Reuters) – AB Volvo reported record first-quarter profit, a preliminary filing showed, as the truck maker..
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China records world’s first human death from H3N8 bird flu -WHO
BEIJING (Reuters) – A Chinese woman has become the first person to die from a type of bird flu that is rare in humans, the World..
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Oil rises about 2% with U.S. and China inflation in focus
By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose about 2% on Tuesday on hopes that the Federal Reserve might ease up on i..
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UK economy set for smaller hit in 2023 than previously feared – IMF
(Reuters) -Britain now looks set for a shallower economic hit this year than previously thought but remains on course to suffer the sh..
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Dollar dips ahead of inflation data later this week
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday as investors waited on inflation data for further signs of whe..
Finance
Britain sets 5G goal, says no ‘magic number’ of operators
LONDON (Reuters) – Britain set an ambition to deliver next-generation 5G mobile coverage to populated areas by 2030 and said the..
Headlines
World stocks cling to upbeat mood, dollar stalls
By Dhara Ranasinghe LONDON (Reuters) -World stocks rallied on Tuesday as traders held onto hope that interest rates will soon peak and..
Finance
Explainer-Why European money market funds inflows are lagging behind the U.S. torrent?
By Harry Robertson LONDON (Reuters) – Investors poured $367 billion into U.S. money market funds in March, according to data pro..
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Cryptoverse: Ethereum upgrade to unlock $33 billion
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Investors are finally set to gain access to more than $33 billion of ether..
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Hong Kong finance official to make first visit to Britain in three years
HONG KONG (Reuters) – A top financial official from Hong Kong is set to visit Britain in April in the first ministerial-level vi..
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British doctors’ strikes risk patient safety, minister says
LONDON (Reuters) – Britain’s health minister warned patients’ safety is at risk as junior doctors began four days of..
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US House committee chair ‘concerned’ by Tesla deals in China
By Michael Martina and Patricia Zengerle WASHINGTON (Reuters) – The leader of a U.S. congressional committee on China said on Mo..
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Wall Street slips, dollar gains as Fed seen hiking rates in May
By Herbert Lash NEW YORK (Reuters) – U.S. stock indexes fell and the dollar rose on Monday after strong jobs data last week sugg..
Finance
Bank of Canada seen on hold even as economy accelerates
By Fergal Smith TORONTO (Reuters) -The Bank of Canada is expected to take in stride surprising recent economic strength and leave inte..
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Intel leak has U.S. officials bracing for impact at home and abroad
By Idrees Ali and Jonathan Landay WASHINGTON(Reuters) – The U.S. national security community is grappling with fallout from the ..
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India’s Tata Motors jumps to a 7-month high on strong Q4 JLR sales
BENGALURU (Reuters) – Shares of Indian automaker Tata Motors Ltd rose as much as 8.15% to a seven-month high on Monday after its..
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Yen sinks as rates outlook diverges; NZ dollar tumbles
By Kevin Buckland TOKYO (Reuters) – The yen sank against major peers on Monday after U.S. payrolls data bolstered the case for f..
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