News

Analysis-East Europeans count their pennies for Christmas as food costs soar

Analysis-East Europeans count their pennies for Christmas as food costs soar

By Krisztina Than TISZAESZLAR, Hungary (Reuters) – Consumers in Eastern Europe are saving up to put their favourite carp and por..

EU agrees law to make airlines pay more to pollute

EU agrees law to make airlines pay more to pollute

By Kate Abnett BRUSSELS (Reuters) -The European Union reached a deal in the early hours of Wednesday on a law to increase the price th..

As WHO pandemic pact talks begin, poor countries on back foot

As WHO pandemic pact talks begin, poor countries on back foot

By Emma Farge and Jennifer Rigby GENEVA/LONDON (Reuters) – Global talks have begun on drafting new health rules for combating pa..

‘We’re going to be free’: Chinese cheer as COVID curbs are loosened

‘We’re going to be free’: Chinese cheer as COVID curbs are loosened

By Martin Quin Pollard and Brenda Goh BEIJING (Reuters) -China on Wednesday announced the most sweeping changes to its resolute anti-C..

Britain urges banks to offer mortgage flexibility in cost-of-living crisis

Britain urges banks to offer mortgage flexibility in cost-of-living crisis

By Huw Jones and Iain Withers LONDON (Reuters) -Britain has called on banks to support households finding it difficult to make payment..

U.N. summit aims for global pact to protect nature

U.N. summit aims for global pact to protect nature

By Gloria Dickie and Allison Lampert MONTREAL (Reuters) – Countries are gathering Tuesday for a key U.N. nature conference in Mo..

Explainer-What’s on the agenda at the U.N.’s COP15 nature summit?

Explainer-What’s on the agenda at the U.N.’s COP15 nature summit?

By Gloria Dickie MONTREAL (Reuters) – A key United Nations summit to halt nature loss begins this week in Montreal, Canada. Dele..

Factbox-How governments are trying to ease inflation pain

Factbox-How governments are trying to ease inflation pain

(Reuters) – Pandemic-related disruptions to global supply chains and the knock-on effects of Russia’s war in Ukraine have ..

Emergency call services, telcos urge EU to protect telecoms networks from power cuts

Emergency call services, telcos urge EU to protect telecoms networks from power cuts

By Elvira Pollina, Supantha Mukherjee and Mathieu Rosemain MILAN/STOCKHOLM/PARIS (Reuters) – Europe’s top telecoms operato..

First winter cold snap tests French power grid

First winter cold snap tests French power grid

PARIS (Reuters) – Temperatures hovering near zero in coming days will test the resilience of France’s power network, even ..

EU seeks deal on law preventing import of deforestation-linked goods

EU seeks deal on law preventing import of deforestation-linked goods

By Kate Abnett BRUSSELS (Reuters) – The European Union will attempt to clinch a deal on Monday evening on a law to prevent compa..

Greece, Britain discussing Parthenon Sculptures return but deal not close, Athens says

Greece, Britain discussing Parthenon Sculptures return but deal not close, Athens says

By Renee Maltezou ATHENS (Reuters) – The Greek government on Monday quashed local media reports that a deal with Britain over th..

Historic crown to be modified for King Charles’s coronation

Historic crown to be modified for King Charles’s coronation

LONDON (Reuters) – The historic St Edward’s Crown, which has been the centrepiece of the coronation of monarchs in England..

UK new car sales rise in November, fail to zoom past 2019 levels- SMMT

UK new car sales rise in November, fail to zoom past 2019 levels- SMMT

(Reuters) – British new car registrations jumped nearly 24% in November from a year earlier to record their fourth straight mont..

Oil prices rise after OPEC+ keeps output steady, Russian price cap imposed

Oil prices rise after OPEC+ keeps output steady, Russian price cap imposed

By Noah Browning LONDON (Reuters) -Oil prices rose on Monday after OPEC+ nations held their output targets steady ahead of a European ..

Tax credits for EU electric vehicles to dominate Monday’s trade talks with U.S

Tax credits for EU electric vehicles to dominate Monday’s trade talks with U.S

By David Lawder COLLEGE PARK, Md. (Reuters) -Top European Union officials are aiming to be more vocal at a trade meeting with their U...

Euro zone likely heading into mild recession-PMI

Euro zone likely heading into mild recession-PMI

LONDON (Reuters) – Euro zone business activity declined for a fifth month in November, suggesting the economy was sliding into a..

Volkswagen to discuss new software roadmap on Dec. 15 -Handelsblatt

Volkswagen to discuss new software roadmap on Dec. 15 -Handelsblatt

BERLIN (Reuters) – Volkswagen Chief Executive Oliver Blume will present a long-delayed new software strategy for the carmaker at..

Trafigura enters $3 billion loan to supply Germany’s Sefe with gas

Trafigura enters $3 billion loan to supply Germany’s Sefe with gas

FRANKFURT (Reuters) – Commodities trading firm Trafigura on Monday said it has entered into a $3 billion four-year loan to suppl..

Asia shares bank on eventual China opening; oil gains

Asia shares bank on eventual China opening; oil gains

By Wayne Cole SYDNEY (Reuters) – Asian shares extended their rally on Monday as investors hoped steps to unwind pandemic restric..

China’s patchy COVID easing sows confusion but comforts investors

China’s patchy COVID easing sows confusion but comforts investors

By Ryan Woo and Martin Quin Pollard BEIJING (Reuters) -A partial easing of the world’s toughest COVID-19 curbs sowed confusion a..

Dollar soft as China reopening hopes boost risk sentiment

Dollar soft as China reopening hopes boost risk sentiment

SINGAPORE (Reuters) – The dollar struggled to gain a foothold on Monday and was languishing at five-month lows as traders looked..

U.S., France agreed to “fix” U.S. subsidies issues, says Macron

U.S., France agreed to “fix” U.S. subsidies issues, says Macron

(Reuters) -President Joe Biden and French President Emmanuel Macron agreed during a state visit earlier this week to “fix”..

UK economy to shrink in 2023, risks ‘lost decade’: CBI

UK economy to shrink in 2023, risks ‘lost decade’: CBI

By David Milliken LONDON (Reuters) – Britain’s economy is on course to shrink 0.4% next year as inflation remains high and..

Crypto broker Genesis owes Gemini’s customers $900 million – FT

Crypto broker Genesis owes Gemini’s customers $900 million – FT

(Reuters) -Crypto broker Genesis and its parent company Digital Currency Group (DCG) owe customers of the Winklevoss twins’ cryp..

Analysis-Energy hungry Europe can’t look to U.S. shale to fill any OPEC gap

Analysis-Energy hungry Europe can’t look to U.S. shale to fill any OPEC gap

By Laila Kearney, Liz Hampton and Arathy Somasekhar NEW YORK/DENVER/HOUSTON (Reuters) – U.S. shale oil drillers turned from scra..

Take Five: Ready for that Santa rally?

Take Five: Ready for that Santa rally?

(Reuters) – Swiss lender Credit Suisse faces a litmus test over its rights issue, just one several trials markets must work thro..

U.S., EU to address Inflation Reduction Act fears constructively -draft

U.S., EU to address Inflation Reduction Act fears constructively -draft

By Foo Yun Chee BRUSSELS (Reuters) – The United States and the European Union will seek to tackle EU concerns about a new U.S. g..

Reckitt expects U.S. infant formula shortage until spring

Reckitt expects U.S. infant formula shortage until spring

By Richa Naidu LONDON (Reuters) -The near year-long infant formula shortage in the United States that prompted the intervention of t..

Factbox-Global banks take axe to jobs as cost pressures mount

Factbox-Global banks take axe to jobs as cost pressures mount

LONDON (Reuters) – Banks typically trim jobs towards the end of the year, but 2022 has seen a bigger wave of redundancies and la..

Pfizer to invest more than $2.5 billion to expand European manufacturing

Pfizer to invest more than $2.5 billion to expand European manufacturing

By Michael Erman NEW YORK (Reuters) -Pfizer Inc is investing more than $2.5 billion at its drug making plants in Belgium and Ireland, ..

Global central banks extend rate hike push in November

Global central banks extend rate hike push in November

By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks in Novem..

EU countries consider lower gas price cap – documents

EU countries consider lower gas price cap – documents

By Kate Abnett BRUSSELS (Reuters) -European Union countries will consider on Friday a proposal for a gas price cap slightly lower than..

Factbox-What European companies are doing as workers face high inflation

Factbox-What European companies are doing as workers face high inflation

(Reuters) -Companies across Europe are offering one-off bonuses and renegotiating wages as surging inflation raises food and energy bi..

EU sets recycling, reuse targets to cut packaging waste

EU sets recycling, reuse targets to cut packaging waste

By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission proposed on Wednesday new rules to reduce packaging waste thro..

BYD set to be China’s top-selling car brand for Nov, Tesla gains -data

BYD set to be China’s top-selling car brand for Nov, Tesla gains -data

SHANGHAI (Reuters) – BYD was the top-selling car brand in China in the first four weeks of November, brokerage data showed, outp..

Portugal’s Q3 growth accelerates with consumption but future not shining

Portugal’s Q3 growth accelerates with consumption but future not shining

By Sergio Goncalves LISBON (Reuters) – Portugal’s economy expanded 0.4% in the third quarter from 0.1% in the previous qua..