News

Shell taps Goldman Sachs to explore Singapore refinery sale -sources

Shell taps Goldman Sachs to explore Singapore refinery sale -sources

SINGAPORE (Reuters) -Shell is considering a sale of its Singapore refining and petro..

Reactions as India’s Chandrayaan-3 makes historic moon landing

Reactions as India’s Chandrayaan-3 makes historic moon landing

NEW DELHI (Reuters) -India on Wednesday became the fourth country to land on the moo..

Germany plans to double AI funding in race with China, U.S

Germany plans to double AI funding in race with China, U.S

BERLIN (Reuters) – Germany plans to almost double its public funding for arti..

Factory slump and cost-of-living squeeze puts UK economy on course to shrink

Factory slump and cost-of-living squeeze puts UK economy on course to shrink

LONDON (Reuters) -Britain’s economy looks on course to shrink during the curre..

Britain’s Ocado Retail and Sainsbury’s cut prices again

Britain’s Ocado Retail and Sainsbury’s cut prices again

By James Davey LONDON (Reuters) -British food retailers Ocado Retail and Sainsbury&..

Euro falls on gloomy PMI data, dollar hits 2-month high

Euro falls on gloomy PMI data, dollar hits 2-month high

By Samuel Indyk and Ankur Banerjee LONDON (Reuters) – The euro fell to a more..

UK pay deals cool for first time in 2023, easing pressure on BoE: XpertHR

UK pay deals cool for first time in 2023, easing pressure on BoE: XpertHR

LONDON (Reuters) – Pay deals awarded by British employers cooled for the firs..

Analysis-Arm’s clients turn IPO into tug of war for chip influence

Analysis-Arm’s clients turn IPO into tug of war for chip influence

By Milana Vinn, Anirban Sen and Stephen Nellis NEW YORK/SAN FRANCISCO (Reuters) ..

Oil prices settle lower on nagging worries about Chinese demand

Oil prices settle lower on nagging worries about Chinese demand

By Laura Sanicola (Reuters) -Oil prices settled lower on Tuesday as investors remai..

Paris bans pony rides for children following animal rights campaign

Paris bans pony rides for children following animal rights campaign

By Antonia Cimini and Antony Paone PARIS (Reuters) – Paris will ban pony ride..

UBS upgrades global equities’ rating to ‘neutral’

UBS upgrades global equities’ rating to ‘neutral’

(Reuters) – Economists at UBS have upgraded their rating for global equities,..

Euro zone inflation fall confirmed, easing pressure on ECB to hike

Euro zone inflation fall confirmed, easing pressure on ECB to hike

FRANKFURT (Reuters) – Euro zone inflation slower further and even underlying p..

British consumers curb their shopping in rainy July

British consumers curb their shopping in rainy July

By William Schomberg and William James LONDON (Reuters) -British retailers reported..

Nike v. Adidas: Soccer World Cup sponsors gear up for England, Spain finale

Nike v. Adidas: Soccer World Cup sponsors gear up for England, Spain finale

NEW YORK/LONDON (Reuters) -When England and Spain face off in Sunday’s Women&#..

Dollar set for fifth winning week on Fed bets, China worries

Dollar set for fifth winning week on Fed bets, China worries

TOKYO (Reuters) – The dollar was set for a fifth winning week versus major pee..

US CDC tracks new lineage of virus that causes COVID

US CDC tracks new lineage of virus that causes COVID

(Reuters) – U.S. Centers for Disease Control and Prevention said on Thursday t..

McLaren Applied’s Lavoie in talks to buy Dutch e-bike maker VanMoof – source

McLaren Applied’s Lavoie in talks to buy Dutch e-bike maker VanMoof – source

LONDON (Reuters) – Lavoie, the electric scooter unit of Formula One engineerin..

Analysis-A year on, Europe less fearful of U.S. green subsidies push

Analysis-A year on, Europe less fearful of U.S. green subsidies push

BRUSSELS (Reuters) – When the United States launched its massive green subsidi..

Britain makes access to fee-free cash machine a legal right

Britain makes access to fee-free cash machine a legal right

LONDON (Reuters) – Nearly everyone in Britain will remain within three miles (..

US Senators say Credit Suisse did not review all records when probing Nazi-linked accounts

US Senators say Credit Suisse did not review all records when probing Nazi-linked accounts

By Chris Prentice and Brenna Hughes Neghaiwi NEW YORK/ZURICH (Reuters) – Swis..

Rouble strengthens as market anticipates possible capital controls

Rouble strengthens as market anticipates possible capital controls

(Reuters) – The Russian rouble strengthened to 93 against the dollar on Thursd..

Norway central bank raises rate to 4.0%, eyes September hike

Norway central bank raises rate to 4.0%, eyes September hike

ARENDAL, Norway (Reuters) -Norway’s central bank raised its benchmark interest..

China’s low copper inventory data belie sufficient supply

China’s low copper inventory data belie sufficient supply

HANOI/BEIJING (Reuters) – Net long positions of copper on the London Metals Ex..

Tomb Raider games group Embracer lags forecast, maintains outlook

Tomb Raider games group Embracer lags forecast, maintains outlook

STOCKHOLM (Reuters) -Swedish games developer Embracer on Thursday reported slightly ..

Payments company Adyen’s shares drop more than 20% after earnings miss

Payments company Adyen’s shares drop more than 20% after earnings miss

AMSTERDAM (Reuters) – Shares in Dutch payments processor Adyen NV fell by mor..

Oil prices wobble on worries over China economy, US rate path

Oil prices wobble on worries over China economy, US rate path

By Sudarshan Varadhan SINGAPORE (Reuters) – Oil prices were choppy on Thursda..

Mild recession ends Dutch economy’s strong post-COVID boom

Mild recession ends Dutch economy’s strong post-COVID boom

AMSTERDAM (Reuters) -Economic growth in the Netherlands will be much slower than ea..

UK’s BAE Systems to buy Ball Aerospace for about $5.55 billion

UK’s BAE Systems to buy Ball Aerospace for about $5.55 billion

(Reuters) -British defence group BAE Systems said on Thursday it agreed to buy Ball..

Asian stocks hit 9-month lows on worries over China, US rates

Asian stocks hit 9-month lows on worries over China, US rates

SINGAPORE (Reuters) – Asian shares sank to nine-month lows on Thursday, while ..

Dollar shines against battered yen; Aussie dragged by jobs data, China woes

Dollar shines against battered yen; Aussie dragged by jobs data, China woes

SINGAPORE (Reuters) – The dollar pushed the yen deeper into intervention terri..

PayPal to halt UK crypto sales until 2024

PayPal to halt UK crypto sales until 2024

LONDON (Reuters) – Payments giant PayPal will stop allowing UK customers to bu..

Rouble strengthens towards 96 vs dollar after emergency rate hike

Rouble strengthens towards 96 vs dollar after emergency rate hike

(Reuters) -The Russian rouble strengthened towards 96 to the dollar on Wednesday, on..

HKEX remains committed to LME – CEO

HKEX remains committed to LME – CEO

LONDON (Reuters) -Hong Kong Exchanges and Clearing (HKEX) remains committed to the L..

German solar battery firm sonnen sees bigger role backing up grid

German solar battery firm sonnen sees bigger role backing up grid

By Vera Eckert FRANKFURT (Reuters) – Germany’s sonnen, which provides s..

Industrial output jump gives euro zone growth small boost

Industrial output jump gives euro zone growth small boost

FRANKFURT (Reuters) – The euro zone’s vast industrial sector rebounded i..

UK house prices rise by least since 2020 and fall in London – ONS

UK house prices rise by least since 2020 and fall in London – ONS

LONDON (Reuters) – British house prices increased by 1.7% in the 12 months to ..

Bank of Ireland says it has fixed glitch that sparked flurry of withdrawals

Bank of Ireland says it has fixed glitch that sparked flurry of withdrawals

DUBLIN (Reuters) -Bank of Ireland has fixed technical problems that affected its ser..