NEWS

German businesses expect only mild recession as disruptions ease

German businesses expect only mild recession as disruptions ease

BERLIN (Reuters) – German companies expect only a mild recession next year despite headwinds from the energy crisis, raw materia..

Oil prices rise as China eases COVID curbs, U.S. storm fuels supply worries

Oil prices rise as China eases COVID curbs, U.S. storm fuels supply worries

By Isabel Kua SINGAPORE (Reuters) -Oil prices rose to three-week highs on Tuesday as China’s latest easing of COVID-19 restricti..

Board of Russia’s AvtoVAZ approves $585 million in 2023 investment programme – RIA agency

Board of Russia’s AvtoVAZ approves $585 million in 2023 investment programme – RIA agency

(Reuters) – The board of directors of Russian top carmaker AvtoVAZ approved the firm’s 2023 investment programme for just ..

Stocks advance, U.S. dollar retreats as China drops quarantine rule

Stocks advance, U.S. dollar retreats as China drops quarantine rule

By Xie Yu HONG KONG (Reuters) – Stock markets gained while the U.S. dollar softened on Tuesday after China said it would drop it..

Belarus sentences in absentia former Olympian Herasimenia to 12 years in prison – BelTA

Belarus sentences in absentia former Olympian Herasimenia to 12 years in prison – BelTA

By Ronald Popeski and Lidia Kelly (Reuters) – A Minsk court sentenced in absentia former Olympic swimmer Aliaksandra Herasimenia..

Russia could hike rates in 2023 if inflation risks have big impact -cenbank

Russia could hike rates in 2023 if inflation risks have big impact -cenbank

MOSCOW (Reuters) – The Bank of Russia could raise interest rates in 2023 if inflationary risks such as labour shortages and impo..

Russia’s Sberbank urges Glencore to resolve dispute over oil bill

Russia’s Sberbank urges Glencore to resolve dispute over oil bill

MOSCOW (Reuters) -Sberbank on Monday accused Glencore of choosing not to foot a bill for oil supplied via the Russian lender, saying t..

Cricket-Not enough attention paid to international schedule – Stokes

Cricket-Not enough attention paid to international schedule – Stokes

(Reuters) – England test captain Ben Stokes has raised concerns over the scheduling of international cricket, saying the authori..

Dutch governor Knot signals ECB will keep raising rates in months ahead- FT

Dutch governor Knot signals ECB will keep raising rates in months ahead- FT

(Reuters) – Head of Dutch Central Bank Klaas Knot said with five policy meetings between now and July 2023, the ECB would achiev..

Battery swapping spurs Kenya’s electric motorbike drive

Battery swapping spurs Kenya’s electric motorbike drive

By Ayenat Mersie NAIROBI (Reuters) – Over recent months, sets of sturdy, brightly-branded battery swapping stations have cropped..

Japan insurers in talks with reinsurers to resume coverage in Russian waters

Japan insurers in talks with reinsurers to resume coverage in Russian waters

TOKYO (Reuters) – Three Japanese insurance companies that are set to halt marine coverage of risks related to the war in Ukraine..

The ICU is full’: medical staff on frontline of China’s COVID fight say hospitals are ‘overwhelmed’

The ICU is full’: medical staff on frontline of China’s COVID fight say hospitals are ‘overwhelmed’

By Martin Quin Pollard BEIJING (Reuters) – In more than three decades of emergency medicine, Beijing-based doctor Howard Bernste..

Toyota’s Nov global vehicle production rises 1.5% to record 833,104

Toyota’s Nov global vehicle production rises 1.5% to record 833,104

TOKYO (Reuters) – Toyota Motor Corp reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of 8..

Taiwan reports China’s largest incursion yet to air defence zone

Taiwan reports China’s largest incursion yet to air defence zone

By Yimou Lee TAIPEI (Reuters) -Seventy-one Chinese air force aircraft including fighter jets and drones entered Taiwan’s air def..

Russia’s Rosatom sees 2022 exports growth at 15% – report

Russia’s Rosatom sees 2022 exports growth at 15% – report

(Reuters) – Russia’s Rosatom expects its 2022 exports growth at 15%, while its foreign order portfolio has remained stable..

Apple’s Australian workers go on Christmas strike demanding better wages, work terms

Apple’s Australian workers go on Christmas strike demanding better wages, work terms

(Reuters) – Apple Inc’s workers in Australia initiated a strike Friday afternoon, demanding better working conditions and ..

Amazon may be responsible for allowing Louboutin knock-off ads, EU court says

Amazon may be responsible for allowing Louboutin knock-off ads, EU court says

By Kate Abnett BRUSSELS (Reuters) -Online retailer Amazon.com may be deemed responsible for advertising of counterfeit Christian Loubo..

Austrian regulator orders system-relevant banks to up capital buffers

Austrian regulator orders system-relevant banks to up capital buffers

BERLIN (Reuters) – Austrian banking regulator FMA said on Thursday it has ordered system-relevant banks in the country to increa..

UK watchdog fines Deloitte over SIG audit

UK watchdog fines Deloitte over SIG audit

By Tom Wilson LONDON (Reuters) -Britain’s accounting watchdog said on Thursday it had fined Deloitte LLP more than 900,000 pound..

Hundreds of Tyson Foods employees to depart as company closes offices – WSJ

Hundreds of Tyson Foods employees to depart as company closes offices – WSJ

(Reuters) – Hundreds of Tyson Foods Inc employees from two of its largest business units plan to leave as the company consolidat..

BMW to make Solid Power’s battery cells under expanded agreement

BMW to make Solid Power’s battery cells under expanded agreement

(Reuters) – Solid Power Inc said on Wednesday it will offer some intellectual property rights related to its solid-state batteri..

Airbus pledges deeper industrial ties with India

Airbus pledges deeper industrial ties with India

(Corrects to remove word “just” in paragraph 7) PARIS (Reuters) – Airbus plans to deepen its industrial presence in ..

Yen retreats after BOJ policy tweak sparked surge

Yen retreats after BOJ policy tweak sparked surge

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The yen fell in a choppy session on Wednesday, ceding some of the ground gained the previous ..

German yields steady, spreads tighten after recent repricing

German yields steady, spreads tighten after recent repricing

By Stefano Rebaudo (Reuters) – German borrowing costs were little changed and spreads between the core and periphery tightened o..

First foreign COVID vaccines head to China from Germany

First foreign COVID vaccines head to China from Germany

By Thomas Escritt and Alexander Ratz BERLIN (Reuters) -Berlin has sent its first batch of BioNTech COVID-19 vaccines to China to be ad..

Engie warns of hit from windfall levies, Belgian nuclear provisions

Engie warns of hit from windfall levies, Belgian nuclear provisions

PARIS (Reuters) – France’s Engie warned on Tuesday of an earnings hit from European Union approved windfall levies and lar..

Oil prices rise on U.S. drawdown, Chinese fears weigh

Oil prices rise on U.S. drawdown, Chinese fears weigh

By Shadia Nasralla and Rowena Edwards LONDON (Reuters) -Oil prices rose by more than 2% on Wednesday after data suggested a larger tha..

Analysis-Russian gold removed from some Western funds after Ukraine

Analysis-Russian gold removed from some Western funds after Ukraine

By Peter Hobson LONDON (Reuters) – Hidden inside high-security bank vaults in London, Zurich and New York, billions of dollars&#..

SpaceX rocket sends first global water survey mission into orbit

SpaceX rocket sends first global water survey mission into orbit

By Steve Gorman LOS ANGELES, Calif. (Reuters) -A SpaceX rocket blasted off early on Friday carrying a U.S.-French satellite designed t..

Britain’s Purplebricks to cut more than 10% of jobs – The Times

Britain’s Purplebricks to cut more than 10% of jobs – The Times

(Reuters) – Purplebricks Group PLC, Britain’s biggest online-only real estate agency, will cut more than 10% of its workfo..

EU opens antitrust probe into Broadcom’s $61 billion VMware bid

EU opens antitrust probe into Broadcom’s $61 billion VMware bid

PARIS (Reuters) -European antitrust regulators have opened an in-depth investigation into U.S. chipmaker Broadcom’s proposed $61..

Siemens Gamesa names Luijendijk CEO of onshore wind unit

Siemens Gamesa names Luijendijk CEO of onshore wind unit

By Andres Gonzalez LONDON (Reuters) – Wind turbine maker Siemens Gamesa has appointed its Asia Pacific boss Richard Luijendijk a..

Bank of England raises rates to 3.5%, says inflation has peaked

Bank of England raises rates to 3.5%, says inflation has peaked

(This Dec. 15 story has been corrected to change Robert Dishner’s location to London from Chicago in paragraph 33) LONDON (Reute..

Take Five: Keeping the lights on

Take Five: Keeping the lights on

(Reuters) – The Bank of Japan will be the last of the major central banks to hold a policy meeting this year, and policy-makers ..

No Santa rally for markets as central banks dampen peak rate hopes

No Santa rally for markets as central banks dampen peak rate hopes

By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) -Forget a year-end rally in financial markets. The message from major central b..

Barclays Private Bank opens new office in Verbier, Switzerland for 2022/23 Ski Season

Barclays Private Bank opens new office in Verbier, Switzerland for 2022/23 Ski Season

To further strengthen Barclays Private Bank’s footprint and presence in Switzerland, the Private Bank has opened a new ‘pop-up’ office..

BoE raises rates again as investors look towards end of hikes

BoE raises rates again as investors look towards end of hikes

By David Milliken and Farouq Suleiman LONDON (Reuters) – The Bank of England raised its key interest rate by a further half-perc..