News

Business networking events and conferences to attend

Business networking events and conferences to attend

Business networking events and conferences are the lifelines of the professional world, providing unparalleled opportunities for lear..

Infineon bets on AI boom to spur more lucrative chip sales

Infineon bets on AI boom to spur more lucrative chip sales

FRANKFURT (Reuters) – Germany’s Infineon is banking on a boom in artificial intelligence (AI) to generate billions in rev..

London’s iconic BT Tower to become a hotel

London’s iconic BT Tower to become a hotel

By Paul Sandle LONDON (Reuters) -London’s iconic BT Tower is set to become a luxury hotel after the owner BT Group agreed to se..

UK’s Costa Coffee to give workers 9% pay rise

UK’s Costa Coffee to give workers 9% pay rise

LONDON (Reuters) – Britain’s Costa Coffee will give over 15,000 hourly-paid workers an average 9% pay increase from April..

Factbox-Germany hit by strikes as workers demand better pay and conditions

Factbox-Germany hit by strikes as workers demand better pay and conditions

BERLIN (Reuters) – Germany has been hit by a series of strikes since the start of 2024 as unions press for higher wages and imp..

Euro zone economy lags global growth as Germany struggles

Euro zone economy lags global growth as Germany struggles

By Francesco Canepa and Jan Strupczewski FRANKFURT/BRUSSELS (Reuters) – The euro zone’s economy stagnated last year, unde..

Stocks steady, yields dip ahead of action-packed week

Stocks steady, yields dip ahead of action-packed week

By Alun John and Kevin Buckland LONDON/TOKYO (Reuters) -European shares were at their highest since January 2022 and bond yields dipp..

Europe will miss 2030 chip market goal, says ASML CEO

Europe will miss 2030 chip market goal, says ASML CEO

By Toby Sterling AMSTERDAM (Reuters) – Europe will miss its goal of raising its share of the global computer chip market to 20%..

Cars sold as an ‘Italian jewel’ must be made in Italy, PM tells Stellantis

Cars sold as an ‘Italian jewel’ must be made in Italy, PM tells Stellantis

ROME (Reuters) – A car being sold as an “Italian jewel” needs to be made in Italy, Prime Minister Giorgia Meloni sa..

Video-game market recovery to pick up steam in 2024 on strong console sales – report

Video-game market recovery to pick up steam in 2024 on strong console sales – report

(Reuters) – A recovery in the global video-game market is expected to pick up pace this year on the back of strong sales of Mic..

German president, businesses visit Vietnam eyeing investment

German president, businesses visit Vietnam eyeing investment

By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) -A German business delegation, including top firms for tunnel machines, wind..

Dollar steady at 5-week peak as Fed rate cut bets tempered

Dollar steady at 5-week peak as Fed rate cut bets tempered

By Samuel Indyk and Kevin Buckland LONDON (Reuters) -The dollar hovered near a five-week peak against major peers on Thursday after r..

Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit

Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit

By Nivedita Balu (Reuters) – Canada on Thursday approved Royal Bank of Canada’s C$13.5 billion dollars ($10.2 billion) ac..

UK to implement carbon levy on imported goods by 2027

UK to implement carbon levy on imported goods by 2027

By Kylie MacLellan LONDON (Reuters) -Britain said on Monday it would implement a new import carbon pricing mechanism by 2027, with go..

EU risks losing ground in EVs without strong industry strategy – ACEA

EU risks losing ground in EVs without strong industry strategy – ACEA

BERLIN (Reuters) – Europe’s electric vehicle (EV) sector risks falling behind without a robust EU industrial strategy, au..

Swathes of Siberia freeze in temperatures below -58 Celsius

Swathes of Siberia freeze in temperatures below -58 Celsius

YAKUTSK, Russia (Reuters) – Arctic weather enfolded swathes of Russia on Tuesday, with temperatures in the wilds of Siberia fal..

Marketmind: Markets wary Powell may undermine rate-cut bets

Marketmind: Markets wary Powell may undermine rate-cut bets

A look at the day ahead in European and global markets from Ankur Banerjee With a blockbuster November in the rear view mirror, inves..

After Musk tirade, X faces prospect of more advertisers fleeing

After Musk tirade, X faces prospect of more advertisers fleeing

By Sheila Dang, Chavi Mehta and Jaspreet Singh (Reuters) -Social media company X faces the prospect of more advertisers fleeing and h..

Public investors with $4.3 trln are down on China but in on net zero

Public investors with $4.3 trln are down on China but in on net zero

By Libby George and Bansari Mayur Kamdar LONDON (Reuters) – Public pension and sovereign wealth funds managing $4.3 trillion in..

Swedish property problems could accelerate price drops in Denmark, central bank says

Swedish property problems could accelerate price drops in Denmark, central bank says

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Denmark’s central bank said on Tuesday that the risk of further price d..

Marketmind: Markets turn risk-averse after bumper month

Marketmind: Markets turn risk-averse after bumper month

A look at the day ahead in European and global markets from Wayne Cole. Asia started Monday in hesitant fashion and has turned steadi..

Global equity funds attract inflows on hopes for end to Fed rate rises

Global equity funds attract inflows on hopes for end to Fed rate rises

(Reuters) – Global equity funds attracted robust inflows in the seven days leading to Nov. 22, spurred by growing expectations ..

Euro zone’s shadow banks face risk of margin calls, ECB says

Euro zone’s shadow banks face risk of margin calls, ECB says

FRANKFURT (Reuters) – Euro zone shadow banks face the risk of receiving large margin calls or client redemptions they cannot me..

DIY retailer Kingfisher cuts profit outlook again on weak French market

DIY retailer Kingfisher cuts profit outlook again on weak French market

By James Davey LONDON (Reuters) -European home improvement retailer Kingfisher on Wednesday downgraded its full-year profit outlook f..

Explainer-Why calls for oil embargo on Israel are unlikely to go anywhere

Explainer-Why calls for oil embargo on Israel are unlikely to go anywhere

By Ahmad Ghaddar LONDON (Reuters) -Israel’s military offensive in Gaza following an Oct. 7 attack by the enclave’s ruling..

Spain’s Grenergy to expand in US under $2.8 billion plan

Spain’s Grenergy to expand in US under $2.8 billion plan

By Pietro Lombardi MADRID (Reuters) – Spain’s Grenergy plans to more than double its U.S. solar power generation projects..

UK says new science initiative to work on climate-resilient crops

UK says new science initiative to work on climate-resilient crops

  LONDON (Reuters) – British Prime Minister Rishi Sunak will announce a new science initiative to bring together work on d..

EU reaches deal to stop sending waste to countries that can’t process it

EU reaches deal to stop sending waste to countries that can’t process it

PARIS (Reuters) – European Union lawmakers and member states have reached a deal to revise the bloc’s waste shipment regu..

Sweden plans new nuclear reactors by 2035, will share costs

Sweden plans new nuclear reactors by 2035, will share costs

  By Simon Johnson STOCKHOLM (Reuters) – Sweden’s government said it aimed to build the equivalent of two new conven..

Iraq becomes EBRD shareholder, Senegal and Ghana apply to join

Iraq becomes EBRD shareholder, Senegal and Ghana apply to join

LONDON (Reuters) -Iraq has become the 74th member of the European Bank for Reconstruction and Development, the multilateral lender sa..

EU agrees law to hit fossil fuel imports with methane emissions limit

EU agrees law to hit fossil fuel imports with methane emissions limit

  (Reuters) – The European Union reached a deal on Wednesday on a law to place methane emissions limits on Europe’s ..

German economy, auto sector face risks from exposure to China, fund manager says

German economy, auto sector face risks from exposure to China, fund manager says

  By Christoph Steitz FRANKFURT (Reuters) – Germany’s heavy economic exposure to China carries significant risks for..

Payments app Zelle begins refunds for imposter scams after Washington pressure

Payments app Zelle begins refunds for imposter scams after Washington pressure

  By Hannah Lang (Reuters) – Banks on the payment app Zelle have begun refunding victims of imposter scams to address cons..

Apple to file challenge over Digital Markets Act in EU Court- Bloomberg News

Apple to file challenge over Digital Markets Act in EU Court- Bloomberg News

(Reuters) – Apple Inc is set to challenge the European Union’s decision to put all of the App Store into the bloc’..

Travelers put off holiday trips to Middle East as Israel-Hamas war rages

Travelers put off holiday trips to Middle East as Israel-Hamas war rages

  By Doyinsola Oladipo and Joanna Plucinska NEW YORK/LONDON (Reuters) – Travelers are canceling or postponing planned vaca..

Novo Nordisk’s Wegovy bonanza looms large in Denmark

Novo Nordisk’s Wegovy bonanza looms large in Denmark

By Maggie Fick COPENHAGEN (Reuters) – The whirlwind success of weight-loss treatment Wegovy is providing a bonanza not just for ..

Oil tumbles 2% to 3-week low on strong dollar, profit taking

Oil tumbles 2% to 3-week low on strong dollar, profit taking

By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 2% on Monday to a three-week low as a higher-priced Brent contract expire..