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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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..
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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..
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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..
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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..
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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 ..
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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 ..
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Shares muted in Asia, high yields test lofty valuations
SYDNEY (Reuters) -Asian shares made a muted start to the week on Monday as high Treasury yields challenged rich Wall Street equity val..
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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..
Business
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..
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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) ..
Finance
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..
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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..
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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 ..
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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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Asian stocks drift, yen at 5-month low in thin year-end trading
SINGAPORE (Reuters) – Asian stocks wobbled on Friday while the dollar was steady, keeping the yen rooted near five-month low..
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Oil prices edge higher on hopes for more China stimulus
TOKYO (Reuters) -Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China,..
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Dollar stays resilient, Asia shares get festive lift
SINGAPORE (Reuters) – Asia shares rose slightly in holiday-thinned trade on Thursday, extending gains from earlier in the we..
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Santa Claus global flight to deliver presents underway
Santa Claus took off early Christmas Eve aboard his reindeer-powered sleigh to deliver presents around the world. That is according to..
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Euro zone bond yields rise to one-month high
LONDON (Reuters) -Euro zone government bond yields rose to their highest level in around a month on Monday as investors continued to t..
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Polish e-commerce Allegro’s unit sues Alphabet for $568 million
GDANSK (Reuters) -A subsidiary of Polish e-commerce platform Allegro filed a lawsuit on Monday against Google owner Alphabet, Google I..
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