German government agrees proposals for tax relief on EVs
BERLIN (Reuters) -Germany’s coalition government has agreed to a proposal for tax reductions to promote the use of electr..
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Exclusive-Intel CEO to pitch board on plans to shed assets, cut costs, source says
By Max A. Cherney and Milana Vinn (Reuters) – Intel CEO Pat Gelsinger and key executives are expected to present a plan l..
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Lego outperforms toy market with robust sales in Europe and North America
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Lego’s sales of its colorful plastic bricks outpaced the overall ..
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Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup
By Heekyong Yang and Joyce Lee SEOUL (Reuters) -Hyundai Motor said on Wednesday it was targeting annual global sales of 5.55 mi..
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Analysis-Korea’s birth rate drive struggles to sway ‘YOLO’ generation
By Jihoon Lee, Cynthia Kim and Joyce Lee SEOUL (Reuters) – As South Korea scrambles to halt the sharp decline in its birt..
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Suspected mpox case at Brazilian airport likely chickenpox, hospital says
SAO PAULO (Reuters) -A suspected case of mpox in a passenger at Brazil’s main international airport is likely chickenpox,..
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Safe-haven yen, US dollar rally on escalating Middle East tension
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rallied from an eight-month low on Monday, while the yen rose a..
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Analysis-Astronauts’ plight piles pressure on Boeing’s struggling space unit
By Joey Roulette WASHINGTON (Reuters) – NASA’s decision to send Boeing’s Starliner capsule home without astro..
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Aviation regulators press for global efforts to tackle turbulence
By Allison Lampert and Maki Shiraki MONTREAL/TOKYO (Reuters) – Aviation officials from Asia are making a case for global action ..
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Nvidia Q2 sales likely to double, even a slight miss may hurt shares
By Arsheeya Bajwa (Reuters) – Nvidia is likely to report on Wednesday that its second-quarter revenue more than doubled. ..
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Cricket-England’s Wood ruled out of Sri Lanka series
(Reuters) – England fast bowler Mark Wood has been ruled out of the test series against Sri Lanka due to a thigh injury a..
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Floods kill 13 in Indonesia’s North Maluku, two injured
JAKARTA (Reuters) -Thirteen people were killed and two injured in Indonesia’s North Maluku province on Sunday after flood..
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Iceland sees string of volcanic eruptions
COPENHAGEN (Reuters) -Iceland’s Reykjanes peninsula has seen a string of volcanic eruptions since 2021 when geological sy..
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Extreme weather and geopolitics to send UK energy bills up 10%
By Catarina Demony and Radhika Anilkumar (Reuters) – British energy regulator Ofgem on Friday raised its price cap on hou..
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UK regulator says Thames Water commits to remedies after licence breach
(Reuters) – Britain’s water regulator on Friday confirmed the implementation of commitments from struggling Thames ..
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As Modi visits Poland, PM Tusk eyes stronger defence industry ties with India
By Anna Koper WARSAW (Reuters) – Poland wants to deepen its cooperation with India in the defence industry, Prime Ministe..
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Bank of England to deliver one more rate cut this year, economists say: Reuters poll
By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England will cut interest rates just once more this year, in November, a..
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Germany seizes almost 250,000 euros in cash in crypto ATM sting
Germany seizes almost 250,000 euros in cash in crypto ATM sting (This Aug. 20 story has been corrected to rectify the figure to 250,00..
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Poland’s top lender PKO BP Q2 profit quadruples on core business, low provisions
GDANSK (Reuters) – Poland’s biggest bank PKO BP said on Thursday second-quarter net profit quadrupled year-on-year,..
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Wall Street muted as investors look to Fed after stocks recovery
By Lawrence Delevingne and Huw Jones (Reuters) -Global shares idled on Wednesday after a lengthy rebound propelled them towards recent..
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Britain’s insurers told to demonstrate better value for customers
LONDON (Reuters) – Some of Britain’s insurers are still unable to show they provide good outcomes for consumers, th..
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Sun and holidays boost UK supermarket spending but Asda struggles, says NIQ
By James Davey LONDON (Reuters) – Warm weather and household buying ahead of summer holidays accelerated sales growth at ..
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Britain’s Waitrose to invest $1.3 billion in stores over three years
LONDON (Reuters) – British upmarket supermarket group Waitrose plans to invest 1 billion pounds ($1.30 billion) in new an..
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Stock rebound wanes as investors await US job data, Fed
By Tom Westbrook SINGAPORE (Reuters) -Asian shares slipped on Wednesday as a stellar rebound in world stocks paused for breath,..
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EV startup Rivian’s production chief joins Stellantis
By Abhirup Roy SAN FRANCISCO (Reuters) – Rivian’s head of manufacturing is leaving the electric vehicle startup to ..
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UK employer pay awards soften in three months to July, Brightmine survey shows
(Reuters) – Pay awards granted by British employers fell during the three months to July, according to a survey on Wednes..
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Morning Bid: Jobs in focus after the rebound
A look at the day ahead in European and global markets from Tom Westbrook Markets’ sparkling recovery from early August&#..
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Dollar slumps ahead of payrolls revisions, Powell speech
By Karen Brettell NEW YORK (Reuters) – The dollar fell to its lowest level since January on Tuesday as investors awaited revisio..
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Morning Bid: S&P 500 hunting cloud nine
A look at the day ahead in U.S. and global markets by Alun John, EMEA breaking news correspondent, finance and markets. It’s bee..
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StanChart makes three executive changes in Europe, Asia transaction banking business
(Reuters) – Asia-focussed lender Standard Chartered (StanChart) announced three senior executive changes in its transacti..
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Seven & i shares give up some gains after Couche-Tard bid
TOKYO (Reuters) -Shares of Japan’s Seven & i Holdings fell more than 7% in morning trade on Tuesday, giving up some o..
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Europe’s Jupiter probe to stage daring lunar-Earth fly-by
Europe’s Jupiter probe to stage daring lunar-Earth fly-by By Tim Hepher PARIS (Reuters) -European scientists were poised to atte..
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Morning Bid: Greenback in the red as Jackson Hole looms
A look at the day ahead in U.S. and global markets from Samuel Indyk The volatility that rocked markets in early August appears to be ..
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Analysis-Package deals make a comeback as sun seekers count the cost
By Joanna Plucinska and Jon Nazca LONDON/MALAGA, Spain (Reuters) – Sun seekers are turning to package holidays in Europe as soar..
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Oil prices fall on China demand fears, focus on Mideast talks
By Yuka Obayashi TOKYO (Reuters) – Oil prices eased in trading on Monday as fears of weaker demand in top oil importer Ch..
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Thai Q2 GDP beats forecast, but policy uncertainty clouds outlook
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s economic expansion accelerated in the second q..
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Yen jumps as bets for dovish Fed pressures dollar
By Rae Wee SINGAPORE (Reuters) -The U.S. dollar declined broadly on Monday and slipped sharply against the yen in particular as..
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