Walgreens slashes dividend even as Q1 profit beats estimates
(Reuters) -U.S. pharmacy chain Walgreens Boots Alliance on Thursday nearly halved its dividend to save more money, even as the company’s cost-c..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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&#..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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-..
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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 ..
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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 ..
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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..
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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..
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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..
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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 ..
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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..
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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 ..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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