Tesla’s China sales rise to record high in 2024, bucking global decline
BEIJING (Reuters) -U.S. electric vehicle maker Tesla said on Friday its China sales rose 8.8% to a record high of more than 657,000 ca..
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UK lawmakers summon Shein and Temu for questioning over labour practices
By Helen Reid and James Davey LONDON (Reuters) – Fast-fashion online retailer Shein, which is hoping to list in London, faces a ..
NEWS
Trouble in China’s shopping paradise as Hainan duty-free spending tumbles
BEIJING (Reuters) -Duty-free spending slumped 29.3% last year in China’s island province of Hainan, where global luxury players ..
NEWS
Morning Bid: As stocks waver, dollar remains the surest bet
While stock markets shrugged off the dim start to 2025, the higher-for-longer U.S. rates theme has left the dollar’s dominance i..
NEWS
World food price index eases in Dec, pushed lower by sugar
ROME (Reuters) – The United Nations’ world food price index dipped in December against November levels, led lower by a dro..
NEWS
China will sharply increase funding from treasury bonds to spur growth in 2025
BEIJING (Reuters) – China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment a..
NEWS
Asian stocks rise, dollar at two-year high as US rates, Trump in focus
SINGAPORE (Reuters) – Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was perc..
NEWS
Dollar headed for best week since November on US rates, economic outlook
SINGAPORE (Reuters) – The dollar was on track for its best weekly performance in over a month on Friday, underpinned by expe..
NEWS
Stocks end strong year with a whimper as yields apply pressure
NEW YORK (Reuters) -Global stocks declined on Tuesday as elevated U.S. Treasury yields again contributed to a lackluster close in an o..
NEWS
BMW, Yamaha Motor back US rare earths startup Phoenix Tailings
(Reuters) – BMW and Yamaha Motor have invested in U.S.-based rare earths processing startup Phoenix Tailings, the latest mov..
NEWS
Macron acknowledges error on early elections in New Year’s speech
PARIS (Reuters) -French President Emmanuel Macron said on Tuesday he recognised that his decision to call early parliamentary election..
NEWS
Swiss central bank faces call to hold bitcoin in reserves
ZURICH (Reuters) – A proposal to oblige the Swiss National Bank (SNB) to hold bitcoin was set in motion in an initiative pub..
NEWS
Britain’s energy price cap to rise 3% in April, Cornwall Insight says
LONDON (Reuters) – Britain’s domestic energy price cap is expected to rise a further 3% in April, with geopolitical instab..
NEWS
UK approves Merck’s therapy for rare lung condition
(Reuters) – UK’s Medicines and Healthcare products Regulatory Agency (MHRA) said on Tuesday it had approved Merck’s ..
NEWS
Inside luxury goods’ broken audit system
By Elisa Anzolin, Emilio Parodi and Silvia Ognibene MILAN (Reuters) – LVMH-owned Dior’s production arm in Italy, Manufactu..
BUSINESS
Cycling-Britain’s Finucane sets out target for triple gold in LA
LONDON (Reuters) – Britain’s twice world champion Emma Finucane says she is ready to go back to square one in her quest to..
NEWS
Markets in 2024: Wall Street’s high-octane rally keeps investors captive to the US
By Naomi Rovnick, Dhara Ranasinghe and Rodrigo Campos LONDON (Reuters) – Markets that began the year with investors expecting a ..
INVESTING
Steady sterling on track for best G10 performance against dollar in 2024
By Harry Robertson LONDON (Reuters) – The pound was little changed on the final trading day of the year on Tuesday, leaving it o..
NEWS
Stocks drop as elevated yields weigh
By Chuck Mikolajczak NEW YORK (Reuters) -Global stocks dropped for a third straight session on Monday as the recent bout of elevated U..
INVESTING
Biggest aviation accidents of 2024
(Reuters) – The crash on Sunday of a Jeju Air Boeing 737-800 in Muan County killed a total of 179 people in the deadliest air di..
NEWS
Asian stocks, dollar hold their own to close out strong 2024
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks eased on Tuesday in cautious end-of-year trading that has seen investors sc..
INVESTING
Gold on track for best year in over a decade
By Rahul Paswan (Reuters) – Gold prices were little changed on Tuesday, the last trading day of an eventful year that saw the me..
NEWS
Oil rises on expanding Chinese factory activity, but set to end year lower
SINGAPORE (Reuters) – Oil prices rose in early trade on Tuesday after data showed China’s manufacturing activity expanded ..
TRADING
Dollar stands tall in 2024, propped up by cautious Fed, Trump trade
By Ankur Banerjee SINGAPORE (Reuters) – The dollar was firm on the last trading day of the year, poised to clock strong gains in..
NEWS
London’s FTSE 100 falls in thin trading after best week in December
(Reuters) – London’s FTSE 100 dipped on Monday, after logging its best week in five on Friday, with aerospace and defence ..
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Jimmy Carter worked tirelessly for peace and democracy, Nobel committee says
OSLO (Reuters) -Former U.S. President Jimmy Carter should be praised for his “decades of untiring effort” to find peaceful..
NEWS
Siemens reviewing Healthineers majority stake, CFO tells Handelsblatt
MUNICH (Reuters) – Siemens AG is reviewing its majority stake in medical technology subsidiary Siemens Healthineers,, the Ge..
NEWS
Oil holds steady in thin holiday trade
LONDON (Reuters) -Oil prices were broadly steady on Monday in thin holiday trade at the end of the year, as traders awaited more Chine..
NEWS
European stocks slip as bond yields stay high
(Reuters) -European stocks edged lower on Monday as elevated government bond yields prompted investors to pull out of equities at the ..
NEWS
Chinese youth flock to civil service, but slow economy puts ‘iron rice bowl’ jobs at risk
By Laurie Chen BEIJING (Reuters) – A record 3.4 million young Chinese flocked to the civil service exam this year, lured by the ..
BUSINESS
Some global property catastrophe reinsurance rates to fall 5% to 15% on Jan 1, broker says
LONDON (Reuters) – Global property catastrophe reinsurance rates will fall 5% to 15% on Jan. 1 for books of businesses which hav..
INSURANCE
Dollar reigns with support of higher yields
SINGAPORE (Reuters) -The Japanese yen traded around five-month lows on Monday against a dollar underpinned by rising U.S. yields as th..
INVESTING
Huawei cuts prices of a variety of high-end devices
BEIJING (Reuters) – Huawei cut the prices of a variety of high-end devices, including mobile phones, by up to 3,000 yuan ($411) ..
NEWS
Shares muted in Asia, high yields test lofty valuations
By Wayne Cole SYDNEY (Reuters) -Asian shares made a muted start to the week on Monday as high Treasury yields challenged rich Wall Str..
NEWS
Roche has no plans for job cuts and business is healthy, CEO says
ZURICH (Reuters) – Swiss pharmaceutical company Roche is not planning job cuts and its business is healthy, CEO Thomas Schinecke..
BUSINESS
Yen hovers near 5-month low as BOJ’s cautious stance weighs
TOKYO (Reuters) – The yen hovered near a five-month low to the dollar on Friday as the U.S. Federal Reserve’s hawkish ..
NEWS
Oil prices set for weekly gain on China stimulus optimism
(Reuters) – Oil prices were little changed on Friday but were set for a weekly rise amid optimism economic stimulus efforts ..
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