Morning Bid: Inflation runs hot in the euro zone
A look at the day ahead in European and global markets from Vidya Ranganathan If the latest inflation data from Germany and Spain is a..
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Oil prices ease on weak economic data from US and Germany
By Scott DiSavino NEW YORK (Reuters) – Oil prices eased about 1% in volatile trade on Monday following some weak economic news f..
Finance
UK new car sales rise in 2024 but miss EV target, industry data shows
(Reuters) -New car registrations in the UK rose in 2024, industry data showed on Monday, ending a challenging year for the countryR..
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Spain’s December services activity grows at fastest pace in 20 months, PMI shows
MADRID (Reuters) – Spain’s service sector expanded in December at its fastest pace since April 2023, driven by a sharp ris..
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UK firms lost momentum and cut staff after budget, surveys show
(Reuters) -British business activity growth slowed to a crawl in December and employers cut staffing at the fastest rate in almost fou..
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Nippon Steel could face growth challenges after U.S. Steel purchase blocked, analysts say
By Noriyuki Hirata, Yuka Obayashi and Katya Golubkova TOKYO (Reuters) -Japan’s Nippon Steel may need to look at a revamp of its ..
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Sterling perks up from eight-month low as dollar slips
LONDON (Reuters) – The pound firmed on Monday, rising from an eight-month low touched last Thursday, as investors reversed some ..
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UK’s FTSE 100 lags European peers as Rolls-Royce, Unilever weigh
(Reuters) – UK’s FTSE 100 inched down on Monday as rating downgrades on index heavyweights Rolls-Royce and Unilever weighe..
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Stocks nudge up in choppy trade as political uncertainty reigns
SYDNEY/LONDON (Reuters) -Global stocks edged up on Monday ahead of a week crammed with U.S. economic data that will be pivotal in sett..
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US plans more sanctions on tankers carrying Russian oil, sources say
WASHINGTON/NEW DELHI (Reuters) – The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taki..
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Canada PM Trudeau is likely to announce resignation, source says
OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau is increasingly likely to announce he intends to step down, though he has not..
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Dollar rally pauses; yuan slides to 16-month low
By Rae Wee SINGAPORE (Reuters) -The dollar eased on Monday but held close to a two-year peak, as traders awaited a raft of U.S. econom..
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UBS investigates undisclosed Nazi-linked accounts at Credit Suisse
By Gnaneshwar Rajan and Surbhi Misra (Reuters) – Swiss bank UBS is working with an independent ombudsman to shed light on Nazi-l..
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How Supporting Financial Wellbeing in the Workplace Can Improve Your Bottom Line
Tom Eyre, Co-CEO and Co-Founder of Loqbox Tackling money worries for your employees at work isn’t just about being a good ..
Business
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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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 ..
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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..
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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..
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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..
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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..
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Global equity fund inflows drop on higher US bond yields
(Reuters) – Demand for global equity funds shrank in the week through Jan. 1, as higher U.S. Treasury yields led to caution and ..
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Polish power-grid operator plans $15.4-billion investment by 2034
WARSAW (Reuters) – Polish power-grid operator PSE said on Thursday its transmission network development plan for 2025-2034 a..
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Tullow Oil jumps after being exempt from $320 million tax
(Reuters) – Shares of Tullow Oil jumped over 14% on Friday after the West Africa-focused company was exempted from a $320 mi..
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German unemployment rises less than expected in December, labour office says
By Maria Martinez BERLIN (Reuters) -The number of people out of work in Germany rose less than expected in December, federal labour of..
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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 ..
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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..
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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..
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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 ..
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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..
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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..
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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 ..
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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..
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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..
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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..
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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..
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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..
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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 ..
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