NEWS

Oil settles near 3-year low on weak demand outlook

Oil settles near 3-year low on weak demand outlook

By Georgina McCartney HOUSTON (Reuters) -Global oil benchmark Brent crude futures settled at their lowest level since December 2021 on..

S&P 500, Nasdaq rise, crude slides as CPI awaits

S&P 500, Nasdaq rise, crude slides as CPI awaits

By Stephen Culp NEW YORK (Reuters) -The S&P 500 and the Nasdaq gained ground while Brent crude prices hit a 3-1/2-year low on Tues..

Factbox-How AI features of iPhone and rival smartphones stack up

Factbox-How AI features of iPhone and rival smartphones stack up

  (Reuters) – Apple unveiled a raft of AI-powered features for its latest iPhone 16 lineup at an event on Monday, as global..

Banks, energy stocks weigh on European bourses; BMW tumbles

Banks, energy stocks weigh on European bourses; BMW tumbles

  By Pranav Kashyap and Lisa Pauline Mattackal (Reuters) -European equity markets largely lost ground on Tuesday, weighed by bank..

FTSE 100 falls on healthcare, energy weakness; cooling wage growth fuels rate cut bets

FTSE 100 falls on healthcare, energy weakness; cooling wage growth fuels rate cut bets

  By Khushi Singh and Purvi Agarwal (Reuters) -London’s FTSE 100 ended lower on Tuesday, led by a sell-off in healthcare an..

Boeing delivers 40 jets in August, up 5 from a year ago

Boeing delivers 40 jets in August, up 5 from a year ago

  (Reuters) – Boeing said on Tuesday it delivered 40 commercial jets in August, up five from the same month in 2023 when it..

OPEC again lowers 2024, 2025 global oil demand growth view

OPEC again lowers 2024, 2025 global oil demand growth view

By Alex Lawler LONDON (Reuters) – OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received..

Factbox-Which EU member states have introduced temporary border checks?

Factbox-Which EU member states have introduced temporary border checks?

(Reuters) -The European Union is dealing with an increase in legal and illegal migrant arrivals, spurring some member countries to tem..

Italy oyster farmers dream of pearls from warming Mediterranean

Italy oyster farmers dream of pearls from warming Mediterranean

GULF OF POETS, Italy – Pearls may soon be cultivated in European seas for the first time ever, as Italian oyster farmers seek to..

Books in, screens out: some Finnish pupils go back to paper after tech push

Books in, screens out: some Finnish pupils go back to paper after tech push

By Elviira Luoma and Anne Kauranen RIIHIMAKI, Finland (Reuters) – This autumn, pupils in the Finnish town of Riihimaki headed ba..

‘Loving and being loved’: UK’s Princess Kate says she is grateful after finishing chemotherapy

‘Loving and being loved’: UK’s Princess Kate says she is grateful after finishing chemotherapy

By Michael Holden LONDON (Reuters) -Kate, Britain’s Princess of Wales, said on Monday she had finished her course of preventativ..

UK retailer John Lewis to bring back 100-year old price pledge

UK retailer John Lewis to bring back 100-year old price pledge

  By Sarah Young LONDON (Reuters) – British department store John Lewis is reintroducing its 100-year old “Never Know..

Maersk says impact from Red Sea attacks continues to intensify

Maersk says impact from Red Sea attacks continues to intensify

  STOCKHOLM (Reuters) – The negative impact on maritime shipping and global supply chains from attacks in the Red Sea conti..

Citi says 2025 oil prices could average $60/bbl without deeper OPEC+ cuts

Citi says 2025 oil prices could average $60/bbl without deeper OPEC+ cuts

  (Reuters) – If producer group OPEC+ doesn’t reduce production further, the average price of oil could drop to $60 p..

South Africa’s SPAR sells Polish business to Specjal

South Africa’s SPAR sells Polish business to Specjal

  JOHANNESBURG (Reuters) – South Africa’s second-biggest grocery group SPAR has sold its loss-making business in Pola..

German government agrees proposals for tax relief on EVs

German government agrees proposals for tax relief on EVs

  BERLIN (Reuters) -Germany’s coalition government has agreed to a proposal for tax reductions to promote the use of electr..

Tennis-Draper carries British hopes into U.S. Open quarters

Tennis-Draper carries British hopes into U.S. Open quarters

NEW YORK (Reuters) – Jack Draper said he was thrilled to become the first British man to reach the U.S. Open quarter-finals sinc..

Exclusive-Intel CEO to pitch board on plans to shed assets, cut costs, source says

Exclusive-Intel CEO to pitch board on plans to shed assets, cut costs, source says

  By Max A. Cherney and Milana Vinn (Reuters) – Intel CEO Pat Gelsinger and key executives are expected to present a plan l..

Oil prices face pressure from slow China demand and inventory rise – Reuters poll

Oil prices face pressure from slow China demand and inventory rise – Reuters poll

By Anushree Ashish Mukherjee (Reuters) – Analysts have lowered their 2024 oil price outlook due to weak fuel demand from leading..

Sunk superyacht likely to cost insurers at least $150 million, experts say

Sunk superyacht likely to cost insurers at least $150 million, experts say

  By Noor Zainab Hussain and Carolyn Cohn LONDON (Reuters) – Insurers of the Bayesian superyacht that sank this month, kill..

German inflation falls to 2.0% in August, aiding ECB rate cuts

German inflation falls to 2.0% in August, aiding ECB rate cuts

  By Maria Martinez BERLIN (Reuters) – German inflation fell more than expected in August, declining to its lowest level in..

Flutter says it will appeal $330 million Georgia ruling

Flutter says it will appeal $330 million Georgia ruling

  DUBLIN (Reuters) – Irish betting giant Flutter Entertainment said on Thursday it plans to appeal a $330 million ruling ag..

Aluminium giant Rusal’s first-half profit jumps 42% on strong prices, deliveries

Aluminium giant Rusal’s first-half profit jumps 42% on strong prices, deliveries

  (Reuters) -Russian aluminium giant Rusal reported a 41.6% rise in its first-half adjusted net profit on Thursday, as it managed..

Maersk says ocean shipping’s zero-emissions push needs government support

Maersk says ocean shipping’s zero-emissions push needs government support

  By Lisa Baertlein LOS ANGELES (Reuters) – The Alette Maersk was the first container vessel powered by low-carbon methanol..

Lego outperforms toy market with robust sales in Europe and North America

Lego outperforms toy market with robust sales in Europe and North America

  By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Lego’s sales of its colorful plastic bricks outpaced the overall ..

Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup

Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup

  By Heekyong Yang and Joyce Lee SEOUL (Reuters) -Hyundai Motor said on Wednesday it was targeting annual global sales of 5.55 mi..

Climate campaigners take EU to court over 2030 emissions-cutting rules

Climate campaigners take EU to court over 2030 emissions-cutting rules

By Kate Abnett BRUSSELS (Reuters) – Environmental campaigners have taken the European Commission to court over its emissions rul..

Analysis-Korea’s birth rate drive struggles to sway ‘YOLO’ generation

Analysis-Korea’s birth rate drive struggles to sway ‘YOLO’ generation

  By Jihoon Lee, Cynthia Kim and Joyce Lee SEOUL (Reuters) – As South Korea scrambles to halt the sharp decline in its birt..

Suspected mpox case at Brazilian airport likely chickenpox, hospital says

Suspected mpox case at Brazilian airport likely chickenpox, hospital says

  SAO PAULO (Reuters) -A suspected case of mpox in a passenger at Brazil’s main international airport is likely chickenpox,..

Safe-haven yen, US dollar rally on escalating Middle East tension

Safe-haven yen, US dollar rally on escalating Middle East tension

  By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rallied from an eight-month low on Monday, while the yen rose a..

Analysis-Astronauts’ plight piles pressure on Boeing’s struggling space unit

Analysis-Astronauts’ plight piles pressure on Boeing’s struggling space unit

  By Joey Roulette WASHINGTON (Reuters) – NASA’s decision to send Boeing’s Starliner capsule home without astro..

Aviation regulators press for global efforts to tackle turbulence

Aviation regulators press for global efforts to tackle turbulence

By Allison Lampert and Maki Shiraki MONTREAL/TOKYO (Reuters) – Aviation officials from Asia are making a case for global action ..

Meyer Burger halts solar plant in Colorado, plans restructuring

Meyer Burger halts solar plant in Colorado, plans restructuring

  ZURICH (Reuters) -Swiss solar panel maker Meyer Burger said on Monday it was suspending plans for a plant in Colorado as it ann..

Australian employees now have the right to ignore work emails, calls after hours

Australian employees now have the right to ignore work emails, calls after hours

  By Lewis Jackson SYDNEY (Reuters) – Is your boss texting you on the weekend? Work email pinging long after you’ve l..

Cricket-England’s Wood ruled out of Sri Lanka series

Cricket-England’s Wood ruled out of Sri Lanka series

  (Reuters) – England fast bowler Mark Wood has been ruled out of the test series against Sri Lanka due to a thigh injury a..

Floods kill 13 in Indonesia’s North Maluku, two injured

Floods kill 13 in Indonesia’s North Maluku, two injured

  JAKARTA (Reuters) -Thirteen people were killed and two injured in Indonesia’s North Maluku province on Sunday after flood..

Iceland sees string of volcanic eruptions

Iceland sees string of volcanic eruptions

  COPENHAGEN (Reuters) -Iceland’s Reykjanes peninsula has seen a string of volcanic eruptions since 2021 when geological sy..