Headlines

Polish central bank reports loss of $5 billion dollars in 2023

Polish central bank reports loss of $5 billion dollars in 2023

WARSAW (Reuters) – The National Bank of Poland (NBP) made a loss of 20.8 billion zlotys ($5.2 billion) in 2023 compared to a lo..

Maersk could offer limited Baltimore barge service

Maersk could offer limited Baltimore barge service

COPENHAGEN (Reuters) – Denmark’s Maersk may resume some shipping services at the U.S. Port of Baltimore when a temporary ..

Telecoms firm Orange slips on drop in French broadband customers

Telecoms firm Orange slips on drop in French broadband customers

By Diana Mandia (Reuters) -French telecoms operator Orange reported on Wednesday a drop in first-quarter fixed broadband customers in..

Spain sees US-style economic boost from immigrant workers

Spain sees US-style economic boost from immigrant workers

By Belén Carreño MADRID (Reuters) – Achieving her career ambitions in Spain has proved remarkably easy for Sara Hernandez, a sy..

Orsted says Taiwan wind project to power TSMC on track for 2025 finish

Orsted says Taiwan wind project to power TSMC on track for 2025 finish

TAIPEI (Reuters) – Denmark’s Orsted, the world’s biggest offshore wind farm developer, said on Wednesday a project ..

Standard Chartered lowers Vietnam 2024 growth forecast to 6.0%

Standard Chartered lowers Vietnam 2024 growth forecast to 6.0%

HANOI (Reuters) – Standard Chartered has cut its forecast for Vietnam’s economic growth this year to 6.0% from 6.7%, the ..

Global equity market-neutral hedge funds shine

Global equity market-neutral hedge funds shine

By Patturaja Murugaboopathy (Reuters) – Global equity market-neutral hedge funds have lured investors as they can deliver bette..

Electric car sales to rise but affordability in focus, IEA says

Electric car sales to rise but affordability in focus, IEA says

By Noah Browning LONDON (Reuters) – Electric car sales will rise strongly in 2024 and increasingly undercut oil demand, the Int..

Renault says new models to lift 2024 sales, confirms profit outlook

Renault says new models to lift 2024 sales, confirms profit outlook

Renault says new models to lift 2024 sales, confirms profit outlook By Gilles Guillaume PARIS (Reuters) -Renault expects its sales gro..

Russian ministry sees 2024 GDP at 2.8%, but with higher inflation, weaker rouble

Russian ministry sees 2024 GDP at 2.8%, but with higher inflation, weaker rouble

(Reuters) – Russia’s economy ministry improved its expectations for 2024 gross domestic product (GDP) growth to 2.8% from..

Euro at highest to yen since 2008, markets nervy over Toyko stepping in

Euro at highest to yen since 2008, markets nervy over Toyko stepping in

By Brigid Riley and Alun John TOKYO/LONDON (Reuters) -The yen hit multi-year lows against the dollar and the euro on Tuesday, keeping..

Prince William and wife Kate thank public for birthday messages for son Louis

Prince William and wife Kate thank public for birthday messages for son Louis

LONDON (Reuters) – Britain’s Prince William and his wife Kate thanked the public for their messages which had been sent t..

Oil falls back after robust EU data as Mideast tensions linger

Oil falls back after robust EU data as Mideast tensions linger

By Deep Kaushik Vakil (Reuters) -Oil prices slipped on Tuesday after a short-lived boost from stronger economic data out of Europe as ..

Stocks gear up for Big Tech earnings; yen sits near danger zone

Stocks gear up for Big Tech earnings; yen sits near danger zone

By Amanda Cooper LONDON (Reuters) – Global shares rose on Tuesday, driven by a recovery on Wall Street, where investors focus o..

Italy’s Lavazza launches bid to take machine vendor IVS private

Italy’s Lavazza launches bid to take machine vendor IVS private

MILAN (Reuters) -Italian coffee maker Lavazza on Tuesday said it was investing further in the machine vending industry by acquiring a..

Japan’s 7-Eleven convenience chain targets aggressive global growth

Japan’s 7-Eleven convenience chain targets aggressive global growth

TOKYO (Reuters) – Japanese retail giant Seven & i Holdings said on Tuesday it wanted to see huge growth for its 7-Eleven co..

Golden Goose’s net revenues up 12% in first quarter

Golden Goose’s net revenues up 12% in first quarter

MILAN (Reuters) – Italy’s Golden Goose said on Tuesday its net revenues rose 12% at constant exchange rates in the first ..

Bank of England looks to shine a light on private equity leverage

Bank of England looks to shine a light on private equity leverage

By Huw Jones LONDON (Reuters) – Regulators need to shine a light on the $8 trillion global private equity sector, as opaque l..

Dollar firm as US rates and earnings take center stage

Dollar firm as US rates and earnings take center stage

By Alden Bentley and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar ticked higher against the euro and yen in subdued trade afte..

US crude futures climb back into positive territory

US crude futures climb back into positive territory

By Erwin Seba HOUSTON (Reuters) -U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider..

Equities gain, gold drops as fears of wider Middle East conflict ease

Equities gain, gold drops as fears of wider Middle East conflict ease

By Chris Prentice and Alun John NEW YORK/LONDON (Reuters) -Investors scaled back safe-haven bets on Monday as worries over a wider Mi..

World’s workers increasingly at risk as climate changes, ILO says

World’s workers increasingly at risk as climate changes, ILO says

By Emma Farge GENEVA (Reuters) -More than 70% of the global workforce is exposed to risks linked to climate change that cause hundred..

Hedge fund borrowing hits five-year peak, Goldman Sachs says

Hedge fund borrowing hits five-year peak, Goldman Sachs says

By Nell Mackenzie LONDON (Reuters) – Global hedge fund borrowing rose to a five-year high in the week to April 19, a Goldman Sa..

After VW plant victory, UAW sets its sights on Mercedes in Alabama

After VW plant victory, UAW sets its sights on Mercedes in Alabama

By Nora Eckert CHATTANOOGA, Tennessee (Reuters) – The United Auto Workers has made history by winning its first unionization vo..

London shares rebound as fears of wider Middle East conflict ebb

London shares rebound as fears of wider Middle East conflict ebb

By Pranav Kashyap and Shubham Batra (Reuters) -London stocks gained 1% on Monday, following last week’s sharp selloff, as fears..

Headlines

UK’s struggling Thames Water proposes spending more on environmental improvements

UK’s struggling Thames Water proposes spending more on environmental improvements

By Sarah Young LONDON (Reuters) -Britain’s Thames Water has proposed spending an additional 1.1 billion pounds ($1.36 billion) on environmental..

Automakers hope for a cut as two-way EV charging becomes real

Automakers hope for a cut as two-way EV charging becomes real

By Nick Carey and Victoria Waldersee LONDON (Reuters) – Automakers from General Motors to Volvo Cars, alongside utilities and c..

UK supermarket Asda says 2023 underlying profit up 24%

UK supermarket Asda says 2023 underlying profit up 24%

LONDON (Reuters) – Asda, Britain’s third biggest supermarket group, reported a 24% rise in annual earnings on Monday that..

Prince Harry’s privacy case against Murdoch tabloids to proceed as planned

Prince Harry’s privacy case against Murdoch tabloids to proceed as planned

LONDON (Reuters) – Prince Harry’s privacy case has avoided a major delay after London’s High Court rejected an appli..

Scotland ditches 2030 climate target to cut emissions by 75%

Scotland ditches 2030 climate target to cut emissions by 75%

By William James LONDON (Reuters) -Scotland on Thursday scrapped its target of cutting climate-damaging greenhouse gas emissions by 7..

Meta releases early versions of its Llama 3 AI model

Meta releases early versions of its Llama 3 AI model

NEW YORK (Reuters) – Meta Platforms on Thursday released early versions of its latest large language model, Llama 3, and an ima..

Industrials boost STOXX 600 as earnings season rolls in

Industrials boost STOXX 600 as earnings season rolls in

Industrials boost STOXX 600 as earnings season rolls in By Ozan Ergenay, Johann M Cherian and Ankika Biswas (Reuters) -European shares..

Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets

Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets

(Reuters) -Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts this y..

ABB more confident about 2024 despite China slowdown

ABB more confident about 2024 despite China slowdown

By John Revill ZURICH (Reuters) -ABB expects faster revenue growth in the coming months, with growth in markets such as the United St..

Danone beats first-quarter sales forecasts, keeps 2024 goals

Danone beats first-quarter sales forecasts, keeps 2024 goals

By Dominique Vidalon and Richa Naidu PARIS/LONDON (Reuters) -Danone posted stronger-than-expected quarterly sales on Thursday, with a..

Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

(This April 16 story has been refiled to correct the grammar in paragraph 6) HONG KONG (Reuters) – Morgan Stanley and HSBC are ..

EU considers bringing emissions removal credits into carbon market

EU considers bringing emissions removal credits into carbon market

By Kate Abnett FLORENCE (Reuters) – The European Union is looking into whether to bring emissions removal credits into its carb..