Dollar drops as inflation cools more than expected
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expect..
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Oil jumps on lower-than-expected US inflation data
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Wednesday as cooling U.S. inflation data spurred hopes that the Federal Res..
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Germany’s Merck to invest 300 million euros in US gas plant
(Reuters) -Germany’s Merck on Wednesday said it will invest about 300 million euros ($328 million) to develop an integrated spec..
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Inflation trumps financial risks as central bank tightening set to continue
International economic officials gathering in Washington this week for the IMF and World Bank spring meetings can take some comfort t..
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UK recruiters slow pace of pay growth in March, REC survey shows
By Suban Abdulla LONDON (Reuters) – Britain’s labour market showed signs of a slowing in the sharp pace of pay growth in M..
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Norway wealth fund employee sues for workplace gender discrimination
By Gwladys Fouche OSLO (Reuters) -A court in Oslo on Wednesday began hearing a gender discrimination case brought by an employee at No..
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Mercedes posts rise in Q1 sales boosted by EVs, premium cars
(Reuters) -Mercedes-Benz Group sales rose moderately in the first quarter of the year, boosted by electric vehicles (EV) and premium c..
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Pizza firm DP Eurasia delivers profit rise, evaluating Russian business
(Reuters) -DP Eurasia, which runs the Domino’s Pizza brand in Turkey and Russia, on Wednesday said it was still weighing options..
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Truck maker Volvo posts record Q1 as sales, margins beat forecasts
By Terje Solsvik OSLO (Reuters) – AB Volvo reported record first-quarter profit, a preliminary filing showed, as the truck maker..
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China records world’s first human death from H3N8 bird flu -WHO
BEIJING (Reuters) – A Chinese woman has become the first person to die from a type of bird flu that is rare in humans, the World..
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Oil rises about 2% with U.S. and China inflation in focus
By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose about 2% on Tuesday on hopes that the Federal Reserve might ease up on i..
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UK economy set for smaller hit in 2023 than previously feared – IMF
(Reuters) -Britain now looks set for a shallower economic hit this year than previously thought but remains on course to suffer the sh..
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Dollar dips ahead of inflation data later this week
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday as investors waited on inflation data for further signs of whe..
Finance
World stocks cling to upbeat mood, dollar stalls
By Dhara Ranasinghe LONDON (Reuters) -World stocks rallied on Tuesday as traders held onto hope that interest rates will soon peak and..
Finance
Wall Street slips, dollar gains as Fed seen hiking rates in May
By Herbert Lash NEW YORK (Reuters) – U.S. stock indexes fell and the dollar rose on Monday after strong jobs data last week sugg..
Finance
London’s FTSE 100 climbs ahead of Easter break
By Sruthi Shankar and Shristi Achar A (Reuters) -UK’s blue-chip index rose on Thursday, gaining for a third consecutive week, as..
Finance
IMF’s Georgieva sees global growth below 3% in 2023, robust recovery ‘elusive’
By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund expects global economic growth to dip below 3% in 2023 and to r..
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Jaguar Land Rover posts Q4 free cash flow about $1 billion
(Reuters) -Jaguar Land Rover expects free cash flow of over 800 million pounds (about $1 billion) for the fourth quarter, boosted by a..
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Sterling hovers just below 10-month high, with focus on U.S. job numbers
By Harry Robertson LONDON (Reuters) – The pound hovered just below its highest level in 10 months on Thursday as investor focus ..
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Ford aims a new electric van at European cities – and startups
By Joseph White DETROIT (Reuters) – Ford Motor Co unveiled a new electric Courier van aimed at winning business customers in Eur..
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Avolon CEO says Q1 business boosted by China reopening
DUBLIN (Reuters) – Aircraft leasing company Avolon on Thursday said the reopening of China after it eased strict COVID-19 rules ..
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German industrial output rises more than expected in February
BERLIN (Reuters) -German industrial production rose significantly more than expected in February due in part to vehicle manufacturing,..
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UK house prices rise for 3rd month in a row, Halifax says
LONDON (Reuters) – British house prices rose for a third month in a row in March, representing a further calming of the market a..
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Analysis-Easter travel warnings pile pressure on European airlines
By Joanna Plucinska and Silvia Aloisi LONDON/PARIS (Reuters) – European aviation is gearing up for Easter travel disruptions mar..
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Pension protests to bring ‘maximum’ workers in France after government, union talks fail
By Silvia Aloisi PARIS (Reuters) – France braced for a new round of nationwide protests and strikes on Thursday after a meeting ..
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US fines British Airways $135,000 over tarmac delay in 2017
By David Shepardson NEW YORK (Reuters) – The U.S. Transportation Department (USDOT) Wednesday imposed a $135,000 penalty on Brit..
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Roller coaster March puts macro hedge funds in red, others post small gains
By Carolina Mandl and Svea Herbst-Bayliss NEW YORK (Reuters) -Big market swings in March sparked by a banking crisis hurt some hedge f..
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Australian mayor readies world’s first defamation lawsuit over ChatGPT content
By Byron Kaye SYDNEY (Reuters) – A regional Australian mayor said he may sue OpenAI if it does not correct ChatGPT’s false..
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Wall St ends lower, Treasury yields slide as data fuels recession jitters
By Stephen Culp NEW YORK (Reuters) – U.S. stocks lost ground on Wednesday and Treasury yields extended their decline as a batch ..
Finance
Stellantis unveils Ram EV pickup, to debut late in 2024, at New York auto show
By David Shepardson NEW YORK (Reuters) -Chrysler parent Stellantis NV on Wednesday unveiled its new electric Ram pickup truck, which i..
Business
Analysis-Global climate coalitions need safer harbour from antitrust turbulence
LONDON (Reuters) -Global companies that form alliances to help them to tackle climate change need clear “safe harbour” gui..
Finance
Cryptoverse: Bitcoin traders like their options
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Even as bitcoin flies high, investors are keeping their options open, judg..
Finance
Deutsche Telekom reaches majority stake in T-Mobile U.S. – CEO
(Reuters) – Deutsche Telekom now holds a majority in T-Mobile U.S., the chief executive of the German telecoms company said on W..
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Italy probes Meta over abuse of position in music rights case
MILAN (Reuters) – Italy’s antitrust authority said on Wednesday it would investigate Meta Platform over the possible abuse..
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Ladbrokes owner Entain buys sports media business 365scores
(Reuters) -British gambling group Entain Plc said on Wednesday it acquired sports media business 365scores for up to $160 million to i..
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ICRC to cut some 1,500 jobs as humanitarian budgets seen sliding
GENEVA (Reuters) – The International Committee of the Red Cross said it would cut some 1,5000 jobs and roll back operations in s..
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UK investors add $1.2 billion to equity funds in March – Calastone
LONDON (Reuters) – UK investors shrugged off fears about the banking sector in March and put 960 million pounds ($1.2 billion) o..
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