Headlines

German travel industry expects higher revenues, fewer travellers in 2024

German travel industry expects higher revenues, fewer travellers in 2024

(Reuters) – Sustained demand will boost revenues for the German travel industry this year, but the number of travellers is like..

German inflation rises in December due to base effects

German inflation rises in December due to base effects

By Maria Martinez BERLIN (Reuters) -German inflation rose in December due to base effects, putting a temporary halt on the downward t..

Italy to put Africa development, AI at heart of its G7 presidency

Italy to put Africa development, AI at heart of its G7 presidency

By Giselda Vagnoni ROME (Reuters) – Supporting African development and tackling the dangers posed by artificial intelligence (A..

Euro zone business activity shrank again in Dec, pointing to recession -PMI

Euro zone business activity shrank again in Dec, pointing to recession -PMI

By Indradip Ghosh BENGALURU (Reuters) – The contraction in euro zone business activity continued at the end of 2023 due to a pe..

Headlines

French inflation rises 4.1% in December, as expected

French inflation rises 4.1% in December, as expected

PARIS (Reuters) -French consumer prices rose in December in line with expectations, preliminary data from the national statistics body showed on Th..

Generative AI’s wild 2023

Generative AI’s wild 2023

By Kenneth Li (Reuters) – ChatGPT was well on its way to becoming a household name even before 2023 kicked off. Just weeks af..

Tesla delivers record Q4 cars, but China’s BYD steals top EV spot

Tesla delivers record Q4 cars, but China’s BYD steals top EV spot

By Akash Sriram (Reuters) -Tesla delivered a record number of electric vehicles in the fourth quarter, beating market estimates and m..

Headlines

Renewable energy’s share on German power grids reaches 55% in 2023

Renewable energy’s share on German power grids reaches 55% in 2023

FRANKFURT (Reuters) -The share of renewables on Germany’s power grids rose by 6.6 percentage points to 55% of the total last year, the sector&#..

Oil prices gain 3% on supply concerns after oilfield shutdown in Libya

Oil prices gain 3% on supply concerns after oilfield shutdown in Libya

By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 3% on Wednesday after a disruption at Libya’s top oilfield added..

Japan quake toll rises to 55 with many trapped under possibly thousands of homes

Japan quake toll rises to 55 with many trapped under possibly thousands of homes

By Kiyoshi Takenaka, Sakura Murakami and Kantaro Komiya WAJIMA, Japan (Reuters) – A powerful earthquake that hit Japan on New Y..

Oil prices settle down 3% as Red Sea shipping disruptions ease

Oil prices settle down 3% as Red Sea shipping disruptions ease

By Shariq Khan BENGALURU (Reuters) -Oil prices fell 3% on Thursday as more shipping companies said they were ready to transit the Red..

Red Sea shipping workarounds add costs, delays for suppliers, retailers

Red Sea shipping workarounds add costs, delays for suppliers, retailers

By Lisa Baertlein LOS ANGELES (Reuters) -Toymaker Basic Fun’s team that oversees ocean shipments of Tonka trucks and Care Bears..

Dollar hits 5-mth low against euro as Fed seen closer to rate cuts

Dollar hits 5-mth low against euro as Fed seen closer to rate cuts

By Karen Brettell NEW YORK (Reuters) -The dollar slipped to a five-month low against the euro and a basket of currencies on Wednesday..

Cybertruck designer says Tesla stainless steel pickup is no experiment

Cybertruck designer says Tesla stainless steel pickup is no experiment

By Nichola Groom and Cath Turner LOS ANGELES (Reuters) – The angular, polarizing design of the Cybertruck will help boost the T..

Analysis-Italy’s bonds set for plain sailing until possible summer storms

Analysis-Italy’s bonds set for plain sailing until possible summer storms

By Sara Rossi MILAN (Reuters) – The first half of next year will offer favourable conditions for Italian government bonds after..

EU to extend emergency gas price cap for another year

EU to extend emergency gas price cap for another year

By Kate Abnett BRUSSELS (Reuters) – The European Union is set to extend its emergency cap on gas prices for another 12 months..

Steady hearts, steady hands as Vatican experts restore masterpieces

Steady hearts, steady hands as Vatican experts restore masterpieces

By Philip Pullella VATICAN CITY (Reuters) – Whenever Alessandra Zarelli, a restorer at the Vatican Museums, works on a masterpi..

Bank of Spain trims growth outlook for 2024, 2025

Bank of Spain trims growth outlook for 2024, 2025

By Jesús Aguado MADRID (Reuters) -The Bank of Spain on Tuesday lowered the country’s economic growth outlook for 2024 and 202..

Dollar jumps vs yen as BOJ sticks with ultra-loose policy

Dollar jumps vs yen as BOJ sticks with ultra-loose policy

By Rae Wee and Alun John NEW YORK (Reuters) -The U.S. dollar jumped against the yen on Tuesday after the Bank of Japan gave no sign t..

Factbox-Suez disruption: a new inflation risk on the horizon

Factbox-Suez disruption: a new inflation risk on the horizon

FRANKFURT (Reuters) – A lengthy disruption of shipping via the Suez Canal could push up prices and weigh on economic growth, pa..

VW cost-cutting drive includes less staff, faster development

VW cost-cutting drive includes less staff, faster development

By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Volkswagen and worker representatives have agreed to measures for a cost-..

Factbox-Will Iceland volcano affect flights, what damage could be caused?

Factbox-Will Iceland volcano affect flights, what damage could be caused?

STOCKHOLM (Reuters) – A volcano erupted late on Monday on Iceland’s Reykjanes peninsula, spewing lava and smoke across a ..

Kenya, EU advance economic partnership agreement to boost trade

Kenya, EU advance economic partnership agreement to boost trade

NAIROBI (Reuters) – Kenya and the European Union moved closer to sealing an Economic Partnership Agreement that will grant the ..

Markets outpace central banks as rate cut bets fuel ‘everything rally’

Markets outpace central banks as rate cut bets fuel ‘everything rally’

By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) -Markets have raced ahead of the U.S., euro zone and UK central banks to price in..

Explainer-What’s next for the EU AI Act?

Explainer-What’s next for the EU AI Act?

By Supantha Mukherjee, Martin Coulter and Foo Yun Chee STOCKHOLM/BRUSSELS/LONDON (Reuters) – European Union countries and lawma..

How the world agreed to move away from fossil fuels at COP28

How the world agreed to move away from fossil fuels at COP28

By Maha El Dahan, David Stanway and Valerie Volcovici DUBAI (Reuters) – The COP28 climate summit in Dubai started with all th..

Italian food historian cooks up carbonara controversy

Italian food historian cooks up carbonara controversy

By Francesca Piscioneri ROME (Reuters) – Food is a serious business in Italy, part of the national identity, as illustrated by ..

Air France-KLM raises medium-term profit goal, shares rise

Air France-KLM raises medium-term profit goal, shares rise

By Joanna Plucinska and Tim Hepher (Reuters) -Air France-KLM raised a medium-term profitability goal and sped up transformation effor..

Major central banks hold rates steady as markets eye rapid cuts

Major central banks hold rates steady as markets eye rapid cuts

LONDON (Reuters) – Markets think it’s all over. After a lengthy and historic monetary tightening campaign to battle high ..

German institutes cut 2024 GDP forecast on uncertainty

German institutes cut 2024 GDP forecast on uncertainty

BERLIN (Reuters) – Three leading German economic institutes cut their 2024 economic growth forecasts on Thursday, saying consum..

BP challenges US energy regulator’s oversight of Venture Global LNG plant

BP challenges US energy regulator’s oversight of Venture Global LNG plant

By Curtis Williams HOUSTON (Reuters) -BP PLC has challenged U.S. energy regulators’ approvals of a Venture Global LNG liquefi..

Wall Street inches higher after CPI report, crude slides

Wall Street inches higher after CPI report, crude slides

By Stephen Culp NEW YORK (Reuters) -U.S. stocks inched higher in choppy trading on Tuesday and the dollar dipped after a crucial re..

Explainer-How Sweden’s commercial real estate problems could spark financial meltdown

Explainer-How Sweden’s commercial real estate problems could spark financial meltdown

STOCKHOLM (Reuters) – Soaring interest rates and too much debt are weighing down Sweden’ commercial real estate firms, ma..

Wall Street subdued, gold slides ahead of CPI, Fed

Wall Street subdued, gold slides ahead of CPI, Fed

By Stephen Culp NEW YORK (Reuters) -U.S. stocks were muted and gold slid on Wednesday, as investors bided their time ahead of crucial..

Europe agrees landmark AI regulation deal

Europe agrees landmark AI regulation deal

By Foo Yun Chee, Martin Coulter and Supantha Mukherjee BRUSSELS/LONDON/STOCKHOLM (Reuters) – Europe on Friday reached a provisi..

German 2024 budget could be ready soon – Scholz

German 2024 budget could be ready soon – Scholz

BERLIN (Reuters) -Germany’s coalition partners could soon finalise a draft budget for 2024, Chancellor Olaf Scholz said on Mond..

New COP28 draft deal stops short of fossil fuel ‘phase out’

New COP28 draft deal stops short of fossil fuel ‘phase out’

By Kate Abnett, Gloria Dickie and David Stanway DUBAI (Reuters) -A draft of a potential climate deal at the COP28 summit on Monday su..