Emergency call services, telcos urge EU to protect telecoms networks from power cuts
By Elvira Pollina, Supantha Mukherjee and Mathieu Rosemain MILAN/STOCKHOLM/PARIS (Reuters) – Europe’s top telecoms operato..
NEWS
All Posts
First winter cold snap tests French power grid
PARIS (Reuters) – Temperatures hovering near zero in coming days will test the resilience of France’s power network, even ..
NEWS
EU seeks deal on law preventing import of deforestation-linked goods
By Kate Abnett BRUSSELS (Reuters) – The European Union will attempt to clinch a deal on Monday evening on a law to prevent compa..
NEWS
Greece, Britain discussing Parthenon Sculptures return but deal not close, Athens says
By Renee Maltezou ATHENS (Reuters) – The Greek government on Monday quashed local media reports that a deal with Britain over th..
NEWS
Historic crown to be modified for King Charles’s coronation
LONDON (Reuters) – The historic St Edward’s Crown, which has been the centrepiece of the coronation of monarchs in England..
NEWS
Shares slip, yields rise as U.S. data sparks rate hike concerns
By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) -Global stocks slid and Treasury yields rose on Monday as investors i..
INVESTING
Sterling slips as boost from new China COVID rules fades
By Amanda Cooper LONDON (Reuters) – The pound slid on Monday, as an initial jolt of investor enthusiasm over signs of possible l..
TRADING
BIS warns of $80 trillion of hidden FX swap debt
By Marc Jones LONDON (Reuters) – The Bank for International Settlements (BIS) has warned that pension funds and other ‘non..
FINANCE
ECB’s Makhlouf expects 50 bps rate hike in December
(Corrects first paragraph to say rates ‘may have to move into restrictive territory’, not ‘would have to’) By ..
FINANCE
UK new car sales rise in November, fail to zoom past 2019 levels- SMMT
(Reuters) – British new car registrations jumped nearly 24% in November from a year earlier to record their fourth straight mont..
NEWS
Oil prices rise after OPEC+ keeps output steady, Russian price cap imposed
By Noah Browning LONDON (Reuters) -Oil prices rose on Monday after OPEC+ nations held their output targets steady ahead of a European ..
NEWS
Tax credits for EU electric vehicles to dominate Monday’s trade talks with U.S
Tax credits for EU electric vehicles to dominate Monday’s trade talks with U.S By David Lawder COLLEGE PARK, Md. (Reuters) -Top ..
NEWS
Euro zone likely heading into mild recession-PMI
LONDON (Reuters) – Euro zone business activity declined for a fifth month in November, suggesting the economy was sliding into a..
NEWS
Volkswagen to discuss new software roadmap on Dec. 15 -Handelsblatt
BERLIN (Reuters) – Volkswagen Chief Executive Oliver Blume will present a long-delayed new software strategy for the carmaker at..
NEWS
Trafigura enters $3 billion loan to supply Germany’s Sefe with gas
FRANKFURT (Reuters) – Commodities trading firm Trafigura on Monday said it has entered into a $3 billion four-year loan to suppl..
NEWS
Asia shares bank on eventual China opening; oil gains
By Wayne Cole SYDNEY (Reuters) – Asian shares extended their rally on Monday as investors hoped steps to unwind pandemic restric..
NEWS
China’s patchy COVID easing sows confusion but comforts investors
By Ryan Woo and Martin Quin Pollard BEIJING (Reuters) -A partial easing of the world’s toughest COVID-19 curbs sowed confusion a..
NEWS
Dollar soft as China reopening hopes boost risk sentiment
SINGAPORE (Reuters) – The dollar struggled to gain a foothold on Monday and was languishing at five-month lows as traders looked..
NEWS
U.S., France agreed to “fix” U.S. subsidies issues, says Macron
(Reuters) -President Joe Biden and French President Emmanuel Macron agreed during a state visit earlier this week to “fix”..
NEWS
UK economy to shrink in 2023, risks ‘lost decade’: CBI
By David Milliken LONDON (Reuters) – Britain’s economy is on course to shrink 0.4% next year as inflation remains high and..
NEWS
Crypto broker Genesis owes Gemini’s customers $900 million – FT
(Reuters) -Crypto broker Genesis and its parent company Digital Currency Group (DCG) owe customers of the Winklevoss twins’ cryp..
NEWS
Analysis-Energy hungry Europe can’t look to U.S. shale to fill any OPEC gap
By Laila Kearney, Liz Hampton and Arathy Somasekhar NEW YORK/DENVER/HOUSTON (Reuters) – U.S. shale oil drillers turned from scra..
NEWS
Take Five: Ready for that Santa rally?
(Reuters) – Swiss lender Credit Suisse faces a litmus test over its rights issue, just one several trials markets must work thro..
NEWS
U.S., EU to address Inflation Reduction Act fears constructively -draft
By Foo Yun Chee BRUSSELS (Reuters) – The United States and the European Union will seek to tackle EU concerns about a new U.S. g..
NEWS
Stocks fall as strong U.S. payrolls muddies rate bets
By Sinéad Carew NEW YORK (Reuters) – Equities took a dip on Friday while U.S. Treasury yields climbed as investors bet on a more..
FINANCE
Euro zone bond yields rise after U.S. jobs data
By Alun John LONDON (Reuters) – European government bond yields rose after Friday data showed U.S. employers hired more workers ..
FINANCE
Reckitt expects U.S. infant formula shortage until spring
By Richa Naidu LONDON (Reuters) -The near year-long infant formula shortage in the United States that prompted the intervention of t..
NEWS
Factbox-Global banks take axe to jobs as cost pressures mount
LONDON (Reuters) – Banks typically trim jobs towards the end of the year, but 2022 has seen a bigger wave of redundancies and la..
BANKING
Irish corporate tax boom breaks more records in November
DUBLIN (Reuters) – Ireland took in more corporate tax in November than it used to collect in entire years a decade ago, as a rec..
FINANCE
Pfizer to invest more than $2.5 billion to expand European manufacturing
By Michael Erman NEW YORK (Reuters) -Pfizer Inc is investing more than $2.5 billion at its drug making plants in Belgium and Ireland, ..
NEWS
Global central banks extend rate hike push in November
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks in Novem..
BANKING
EU countries consider lower gas price cap – documents
By Kate Abnett BRUSSELS (Reuters) -European Union countries will consider on Friday a proposal for a gas price cap slightly lower than..
NEWS
Factbox-What European companies are doing as workers face high inflation
(Reuters) -Companies across Europe are offering one-off bonuses and renegotiating wages as surging inflation raises food and energy bi..
NEWS
UniCredit to pay bonus, replace 850 older branch staff in Italy
MILAN (Reuters) – Italy’s second-biggest bank UniCredit will give employees in Italy a one-off payment of 2,400 euros ($2,..
NEWS
Spain’s labour market resilient as unemployment drops in Nov
MADRID (Reuters) -Unemployment fell and net jobs were created in November in Spain, official data showed on Friday, reflecting strengt..
NEWS
Explainer-India G20 presidency 2023: what does it mean and what can we expect
By Devjyot Ghoshal NEW DELHI (Reuters) – India began its year-long presidency of the Group of 20 (G20) this week, taking over fr..
NEWS
UK parliament committee chair says she talked defence cooperation on Taiwan trip
TAIPEI (Reuters) – A senior British lawmaker said on Friday her delegation had discussed defence cooperation with Taiwan during ..
NEWS