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Britons’ cost-of-living crisis habits will endure, says Sainsbury’s boss

Britons’ cost-of-living crisis habits will endure, says Sainsbury’s boss

LONDON (Reuters) – Changes to British consumers’ behaviour that emerged during the ongoing cost-of-living crisis, such as ..

Ferrari sees strong demand stretching into the distance

Ferrari sees strong demand stretching into the distance

By Giulio Piovaccari and Keith Weir MILAN (Reuters) -Ferrari’s order books are bulging all the way into 2025 when it plans to l..

Bank of England keeps rates at 15-year high, rules out quick cuts to help economy

Bank of England keeps rates at 15-year high, rules out quick cuts to help economy

LONDON (Reuters) – The Bank of England held interest rates at a 15-year peak on Thursday and said it did not expect to cut them ..

US dollar retreats as risk appetite rises, Fed rate hikes seen as done

US dollar retreats as risk appetite rises, Fed rate hikes seen as done

(Removes extraneous word “be” in the quote in the 7th paragraph) By Samuel Indyk and Gertrude Chavez-Dreyfuss LONDON/NEW ..

Global central banks mark a possible plateau

Global central banks mark a possible plateau

(Reuters) – The Bank of England’s decision to hold its policy interest rate steady on Thursday puts the world’s thre..

Global fund managers sharpen bank scrutiny following crisis -survey

Global fund managers sharpen bank scrutiny following crisis -survey

By Laura Matthews and Chiara Elisei NEW YORK/LONDON (Reuters) – Global fund managers are exploring ways to spread their counter..

Factbox-More automakers plug into Tesla’s EV charging network

Factbox-More automakers plug into Tesla’s EV charging network

(Reuters) -More automakers signed up to access Tesla’s electric-vehicle charging infrastructure across the United States, taking..

China, US and EU agree to work together on AI safety at UK summit

China, US and EU agree to work together on AI safety at UK summit

By Paul Sandle, Martin Coulter BLETCHLEY PARK, England (Reuters) -China agreed to work with the United States, European Union and oth..

King Charles will deliver COP28 opening speech, Buckingham Palace says

King Charles will deliver COP28 opening speech, Buckingham Palace says

LONDON (Reuters) – King Charles will give the opening address at the COP28 U.N. global climate summit in Dubai, Buckingham Palac..

Fed keeps rates unchanged, acknowledges economy is ‘strong’

Fed keeps rates unchanged, acknowledges economy is ‘strong’

WASHINGTON (Reuters) – The Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase ..

BP shares slump as Q3 profit misses forecast on weak gas

BP shares slump as Q3 profit misses forecast on weak gas

LONDON (Reuters) – BP on Tuesday reported third-quarter earnings of $3.3 billion, missing analysts’ forecasts due to weak ..

Endesa warns of slowdown in renewables development

Endesa warns of slowdown in renewables development

MADRID (Reuters) – Spanish power utility Endesa is slowing the pace of its renewable energy development, its top managers said, ..

French GDP growth slows, inflation eases

French GDP growth slows, inflation eases

PARIS (Reuters) -The French economy grew by 0.1% in the third quarter, with growth slowing from the previous quarter but staying just ..

Euro zone inflation and growth fall as ECB hikes bite

Euro zone inflation and growth fall as ECB hikes bite

FRANKFURT (Reuters) – Inflation in the euro zone is falling fast and the economy has begun contracting, data showed on Tuesday, ..

Explainer-Why are European telecom firms selling assets?

Explainer-Why are European telecom firms selling assets?

STOCKHOLM (Reuters) – Vodafone’s bid on Tuesday to sell its Spanish business is the latest move by European telecom firms ..

Britain’s AI summit: what can it achieve?

Britain’s AI summit: what can it achieve?

LONDON (Reuters) -Britain will host the world’s first global artificial intelligence (AI) safety summit this week to examine t..

Japan’s yen slides broadly as BOJ policy tweak seen inadequate

Japan’s yen slides broadly as BOJ policy tweak seen inadequate

NEW YORK/LONDON (Reuters) – The yen slumped across the board on Tuesday, dropping to a fresh 15-year low against the euro and a ..

US dollar slides ahead of central bank meetings, key data this week

US dollar slides ahead of central bank meetings, key data this week

By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The U.S. dollar fell on Monday, dropping to a two-week lo..

German inflation eases in October to lowest level in two years

German inflation eases in October to lowest level in two years

BERLIN (Reuters) – Inflation in Germany eased noticeably in October, falling to its lowest level since August 2021, pointing to ..

Blockchain in real estate

Blockchain in real estate

In a rapidly evolving digital landscape, Blockchain technology has emerged as a disruptive force across industries. Defined as a dece..

Blockchain in agriculture

Blockchain in agriculture

In a world grappling with growing population demands and environmental concerns, the fusion of cutting-edge technology and traditional..

Spanish banks face rise in deposit costs, Central Bank warns

Spanish banks face rise in deposit costs, Central Bank warns

MADRID (Reuters) – Spanish lenders could find themselves affected by increasing global risks, such as higher-for-longer intere..

Britain to push ahead with rules for cryptoassets

Britain to push ahead with rules for cryptoassets

LONDON (Reuters) – Britain said on Monday it would legislate to implement its first set of rules to regulate the crypto sector, ..

High inflation and slowdown signs: the BoE’s tough trade-off

High inflation and slowdown signs: the BoE’s tough trade-off

By William Schomberg and Sumanta Sen LONDON (Reuters) – The Bank of England is expected to keep interest rates at their 15-year..

Analysis-Russia’s weaker hand undermines case for Power of Siberia 2 gas link to China

Analysis-Russia’s weaker hand undermines case for Power of Siberia 2 gas link to China

MOSCOW (Reuters) – Russia is counting on a planned new pipeline to China as it seeks to make up for lost gas sales in Europe, bu..

Stocks gain, oil falls, traders focus on rates outlook

Stocks gain, oil falls, traders focus on rates outlook

By Elizabeth Howcroft LONDON (Reuters) – European stock indexes rose on Monday as investors focused on the outlook for interest..

Britain’s post-Brexit carbon pricing could cost Treasury billions – report

Britain’s post-Brexit carbon pricing could cost Treasury billions – report

LONDON (Reuters) – Britain’s Treasury could lose out on 3 billion pounds ($3.6 billion) of revenue a year from the sale of carbo..

Siemens Energy shares recover as guarantee talks continue

Siemens Energy shares recover as guarantee talks continue

By Christoph Steitz and Alexander Hübner FRANKFURT/MUNICH (Reuters) -Siemens Energy shares rose to the top of Germany’s blue-..

Analysis-Europe’s hard-pressed payment firms face investor exodus

Analysis-Europe’s hard-pressed payment firms face investor exodus

By Elizabeth Howcroft LONDON (Reuters) – A bleak economic outlook and tougher regulatory scrutiny are proving a final straw for..

German exports to China hit by slow customs processing, tech firms warn

German exports to China hit by slow customs processing, tech firms warn

FRANKFURT/MUNICH (Reuters) -German technology groups have warned they are being hit by delays in getting China-bound exports through..

UK retailers suffer joint-worst October on record: CBI

UK retailers suffer joint-worst October on record: CBI

LONDON (Reuters) – British retailers reported their joint-worst October for sales volumes on record and they expect another diff..

ECB snaps rate-hike streak, pushes back on talk of cuts

ECB snaps rate-hike streak, pushes back on talk of cuts

ATHENS (Reuters) -The European Central Bank left interest rates unchanged as expected on Thursday, ending an unprecedented streak of 1..

Meta’s Instagram linked to depression, anxiety, insomnia in kids – US states’ lawsuit

Meta’s Instagram linked to depression, anxiety, insomnia in kids – US states’ lawsuit

(Reuters) – Dozens of U.S. states are suing Meta Platforms and its Instagram unit, accusing them of fueling a youth mental healt..

Porsche warns luxury not immune to economic woes as shares hit 1-year low

Porsche warns luxury not immune to economic woes as shares hit 1-year low

BERLIN (Reuters) -Porsche AG shares on Wednesday hit a one-year low since its listing last September as the carmaker warned the luxury..

Consumer Reports finds more lead and cadmium in chocolate, urges change at Hershey

Consumer Reports finds more lead and cadmium in chocolate, urges change at Hershey

NEW YORK (Reuters) -Consumer Reports said on Wednesday it had found “concerning” levels of lead and cadmium in a third of ..

EU lawmakers make progress in crucial talks on new AI rules – sources

EU lawmakers make progress in crucial talks on new AI rules – sources

By Supantha Mukherjee, Martin Coulter and Elvira Pollina STOCKHOLM/LONDON/MILAN (Reuters) – European Union lawmakers agreed on ..

Stocks struggle as soft earnings compound interest rate headache

Stocks struggle as soft earnings compound interest rate headache

(Reuters) -Stocks slipped on Wednesday after the latest round of earnings prompted concern among investors over the economic outlook, ..