Dollar gains after U.S. retail sales fall less than expected
NEW YORK/LONDON (Reuters) -The dollar gained on Wednesday after U.S. retail sales fell less than expected in October, bouncing off its..
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UK’s Hunt readies growth plan after fall in inflation
By William Schomberg and David Milliken LONDON (Reuters) – British finance minister Jeremy Hunt will change gear next week to f..
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Factbox-What you need to know about Ampere, Renault’s EV unit
PARIS (Reuters) -French car maker Renault is holding an investor day for its electric vehicle unit Ampere, which was carved out from ..
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EU agrees law to hit fossil fuel imports with methane emissions limit
(Reuters) – The European Union reached a deal on Wednesday on a law to place methane emissions limits on Europe’s oil and..
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German economy, auto sector face risks from exposure to China, fund manager says
FRANKFURT (Reuters) – Germany’s heavy economic exposure to China carries significant risks for Europe’s top economy,..
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Strong pay growth in UK spreads to public sector, survey shows
LONDON (Reuters) – Strong pay growth in Britain’s private sector will be matched in the public sector in the year ahead..
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Britain’s Global Investment Summit draws top banking bosses
LONDON (Reuters) – JP Morgan’s Jamie Dimon and Goldman Sachs’ David Solomon will attend Britain’s Global In..
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Climate change likely to boost inflation, Bank of England’s Mann says
By David Milliken LONDON (Reuters) – Climate change and countries’ different approaches to combat it are likely boost inf..
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Analysis-Electric car demand set to stall in Europe’s ‘valley of death’
By Victoria Waldersee and Nick Carey BERLIN/LONDON (Reuters) – After years of accelerating growth, Europe’s electric car ..
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Take Five: That rate cut trade
LONDON (Reuters) -Markets are keen to trade rate cuts and big central banks are pushing back, shining a new light on upcoming data in ..
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Adflex automates commercial payments and virtual card reading for prompt, pain-free payments
Straight Through Processing (STP) 3.0 brings Accounts Payable (AP) and Accounts Receivable (AR) processes together to refine the benef..
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Apple to file challenge over Digital Markets Act in EU Court- Bloomberg News
(Reuters) – Apple Inc is set to challenge the European Union’s decision to put all of the App Store into the bloc’s ..
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AI Safety Summit is a first step – but the finish line is far off
Last week’s AI Safety Summit at Bletchley Park was hailed as a landmark moment in the world’s efforts to regulate AI. It was the first..
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Continental hikes car market forecast, warns on 2024 outlook
By Victoria Waldersee BERLIN (Reuters) -Germany’s Continental expects a strong fourth quarter for its automotive business and h..
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Bank of Spain governor warns of risks of extending bank windfall tax
MADRID (Reuters) – Any potential extension of the current Spanish windfall tax on banks should take into account the preservati..
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With crime in focus, UK’s Sunak sets out pre-election agenda in King’s Speech
LONDON (Reuters) -Britain’s government set out its plans to tackle crime, boost growth and water down climate change measures on..
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UK government to focus on curbing inflation, not boosting spending – King’s Speech
LONDON (Reuters) -The British government will take responsible decisions on spending and borrowing in order to help bring down the le..
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Travelers put off holiday trips to Middle East as Israel-Hamas war rages
By Doyinsola Oladipo and Joanna Plucinska NEW YORK/LONDON (Reuters) – Travelers are canceling or postponing planned vacations t..
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Analysis-WeWork’s troubles darken outlook for embattled office market
By Sinead Cruise LONDON (Reuters) -The troubles faced by co-working titan WeWork are darkening the outlook for the world’s larg..
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US dollar drops to six-week low after softer-than-expected jobs data
NEW YORK (Reuters) – The dollar fell to a six-week low on Friday, after data showed the world’s largest economy created fe..
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Analysis-Traders bet ECB will be first big central bank to cut rates
(Reuters) – Financial markets are ramping up expectations for interest rate cuts from the European Central Bank, betting it will..
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BMW says ‘no interest’ in price war as order books bulge
By Victoria Waldersee BERLIN (Reuters) -BMW forecast strong fourth quarter sales on Friday and said its order book was filled into th..
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Stocks gain, Treasury yields fall after U.S. jobs market softens
By Caroline Valetkevitch and Harry Robertson NEW YORK/LONDON (Reuters) -Global stock indexes rose, the dollar weakened and benchmark ..
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US job growth misses expectations in October as labor market slows
WASHINGTON (Reuters) – U.S. job growth slowed in October in part as strikes by the United Auto Workers (UAW) union against Detro..
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UK’s Sunak urges world leaders to address AI risks
BLETCHLEY PARK, England (Reuters) – World leaders have a responsibility to address the risks of artificial intelligence, British..
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Analysis-Central banks’ big pause spurs bruised bond investors to double down
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Bond investors bruised by a record hiking cycle are increasing their posi..
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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 ..
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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..
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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 ..
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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 ..
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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..
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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..
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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..
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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..
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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..
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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 ..
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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 ..
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