Dollar strengthens after U.S. labor, consumer sentiment data
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index rose on Wednesday, bouncing back from a 2-1/2 month low after econom..
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Temu, Shein far lag Amazon as online holiday shopping ramps up
By Arriana McLymore NEW YORK (Reuters) – Upstart online retailers Temu.com and Shein are drawing millions of window-shoppers to..
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Firmer pound weighs on FTSE 100 ahead of interim budget; Ashtead tanks
By Siddarth S and Shashwat Chauhan (Reuters) -UK’s FTSE 100 dipped on Monday, weighed by a stronger pound and a slide in shares..
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European shares inch up after robust week; Bayer tanks
By Ankika Biswas and Bansari Mayur Kamdar (Reuters) -European shares edged higher on Monday after a strong week driven by aggressive ..
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From Lululemon to Birkenstock, duplicate styles lure holiday shoppers
By Katherine Masters NEW YORK (Reuters) – Lauren Maginness is a fan of Lululemon. But the 31-year-old product marketer in New Y..
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Brent, US crude futures climb over 2% as OPEC cuts expected
By Erwin Seba HOUSTON (Reuters) -Brent and U.S. crude futures climbed more than 2.5%, gaining $2 a barrel on Monday, as further suppl..
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OpenAI appoints new boss as Sam Altman joins Microsoft in Silicon Valley twist
By Jeffrey Dastin, Anna Tong and Stephanie Kelly SAN FRANCISCO (Reuters) -OpenAI named ex-Twitch boss Emmett Shear as interim CEO, wh..
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Factbox-German budget crisis tests limits of its ‘debt brake’
BERLIN (Reuters) – Germany’s constitutional court ruled last week that the coalition government’s decision to re-al..
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Factbox-What is OPEC+ and how does it impact oil prices?
(Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are known as OPEC+ a..
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National Grid’s Massachusetts utilities submit clean energy investment plan
(Reuters) – Britain’s National Grid said on Friday its two utility firms in Massachusetts have submitted a clean energy in..
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BP seeks partnerships to navigate renewables storm
By Christoph Steitz and Ron Bousso BERLIN/LONDON (Reuters) – BP is seeking partners for offshore wind projects in Japan and may..
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Analysis-Fewer shoppers in Burberry stores complicates design overhaul
By Mimosa Spencer PARIS (Reuters) – The slowdown in the luxury market following a post-pandemic boom could not come at a worse ..
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Analysis-What China’s Xi gained from his Biden meeting
By Michael Martina, Trevor Hunnicutt and Greg Torode SAN FRANCISCO/HONG KONG (Reuters) -When Chinese President Xi Jinping met executi..
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Analysis-China needs to pull ‘multiple levers’ for property turnaround, say analysts
By Clare Jim, Davide Barbuscia and Karin Strohecker HONG KONG/NEW YORK (Reuters) – China’s direct interventions to..
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Italian debt markets sanguine ahead of Moody’s ratings test
By Gavin Jones and Sara Rossi ROME (Reuters) – Investors will nervously await a review of Italy’s ratings on Friday, alth..
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Risk rally sputters as bullish investors pause
By Koh Gui Qing and Marc Jones NEW YORK/LONDON (Reuters) -World stocks snapped a five-day rally on Thursday as investors took a breat..
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Citi CEO Fraser touts ‘clear benefits’ of diversifying supply chains
(Reuters) – Geopolitical tensions and macroeconomic shocks are spurring businesses and governments into reconfiguring their sup..
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Explainer-What is Black Friday? And will shoppers find bargains this year?
By Juveria Tabassum and Savyata Mishra (Reuters) – Retailers are preparing for what they hope will be yet another record-settin..
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Oil prices hit 4-month low on concerns about U.S., Chinese economy
By Stephanie Kelly NEW YORK (Reuters) -Oil prices dropped more than 5% on Thursday to their lowest in four months, as investors worri..
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Exclusive-OpenAI explores how to get ChatGPT into classrooms
By Anna Tong SAN FRANCISCO (Reuters) – OpenAI, whose generative AI products initially raised fears of widespread cheating on ..
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UK lenders step up mortgage price battle as inflation slows
By Iain Withers LONDON (Reuters) – British lenders have accelerated price cuts on mortgages as competition intensifies, inflati..
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European companies exploring ways to boost rare metal supply
By Philip Blenkinsop BRUSSELS (Reuters) – European companies are exploring ways to replace the gallium and germanium supply put..
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Dollar gains after U.S. retail sales fall less than expected
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar gained on Wednesday after U.S. retail sales fell less than ex..
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UK’s Hunt readies growth plan after fall in inflation
By William Schomberg and David Milliken LONDON (Reuters) – British finance minister Jeremy Hunt will change gear next week to f..
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Factbox-What you need to know about Ampere, Renault’s EV unit
Factbox-What you need to know about Ampere, Renault’s EV unit
PARIS (Reuters) -French car maker Renault is holding an investor day for its electric vehicle unit Ampere, which was carved out from Renault’s ..
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Indonesia hosts regional defence chiefs amid multiple global crises
By Stanley Widianto and Ananda Teresia JAKARTA (Reuters) -Defence ministers in ASEAN called for an immediate ceasefire in Gaza..
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Strong pay growth in UK spreads to public sector, survey shows
LONDON (Reuters) – Strong pay growth in Britain’s private sector will be matched in the public sector in the year ahead..
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Britain’s Global Investment Summit draws top banking bosses
LONDON (Reuters) – JP Morgan’s Jamie Dimon and Goldman Sachs’ David Solomon will attend Britain’s Global In..
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Climate change likely to boost inflation, Bank of England’s Mann says
By David Milliken LONDON (Reuters) – Climate change and countries’ different approaches to combat it are likely boost inf..
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Analysis-Electric car demand set to stall in Europe’s ‘valley of death’
By Victoria Waldersee and Nick Carey BERLIN/LONDON (Reuters) – After years of accelerating growth, Europe’s electric car ..
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Take Five: That rate cut trade
LONDON (Reuters) -Markets are keen to trade rate cuts and big central banks are pushing back, shining a new light on upcoming ..
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Prince Harry and Elton John can take case against Daily Mail publisher to trial
By Michael Holden and Sam Tobin LONDON (Reuters) -Prince Harry, singer Elton John and five other high-profile British figures ..
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Continental hikes car market forecast, warns on 2024 outlook
By Victoria Waldersee BERLIN (Reuters) -Germany’s Continental expects a strong fourth quarter for its automotive business and h..
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Bank of Spain governor warns of risks of extending bank windfall tax
MADRID (Reuters) – Any potential extension of the current Spanish windfall tax on banks should take into account the preservati..
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UK government to focus on curbing inflation, not boosting spending – King’s Speech
LONDON (Reuters) -The British government will take responsible decisions on spending and borrowing in order to help bring down the le..
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Bonds, stocks take breather after last week’s rally
By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -A gauge of global equity performance edged higher and Treasury yields rose o..
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Don’t confuse customers over stablecoins, Bank of England warns lenders
By Huw Jones LONDON (Reuters) -The Bank of England told lenders on Monday that they must avoid any risk that customers might confuse ..
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