World food prices hit record high in 2022
By Sybille de La Hamaide PARIS (Reuters) -A surge in the cost of most food commodities last year, as the disruption caused by Russia&#..
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Samsung’s quarterly profit plunges to 8-year low on demand slump
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by tw..
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Sodexo tops Q1 sales estimates as people return to offices
(Reuters) -French caterer Sodexo on Friday beat market estimates for first-quarter sales, as a return to the workplace and other venue..
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Japan, UK to sign reciprocal access agreement for military officers -Yomiuri
TOKYO (Reuters) – Japan’s Prime Minister Fumio Kishida will sign a reciprocal access agreement for military officers with ..
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Mercedez-Benz to deploy advanced automated driving system in Nevada
By David Shepardson (Reuters) -The Nevada Department of Motor Vehicles (DMV) said on Thursday that German carmaker Mercedes-Benz can d..
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Asian stocks edge up before U.S. jobs data, defying Wall Street selloff
By Kevin Buckland TOKYO (Reuters) – Asian equities gained on Friday while the dollar hovered near a one-month high as investors ..
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Germany’s BaFin tells Eurex Clearing, Clearstream to clean up organisational deficiencies
FRANKFURT (Reuters) – Germany’s financial supervisory authority (BaFin) said on Thursday it has ordered clearing house Eur..
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Geely’s EV brand Zeekr aims to double sales in 2023, expand in Europe
By Joseph White LAS VEGAS (Reuters) – Chinese electric vehicle brand Zeekr aims to double sales in 2023 to about 140,000 vehicle..
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Green bonds are set to drive corporate ESG debt out of slump in 2023 -Barclays
By Isla Binnie NEW YORK (Reuters) – Global sales of corporate bonds with environmental, social and governance (ESG) targets will..
Finance
Stocks sag as hawkish Fed cools China rally; awaits US jobs data
By Koh Gui Qing NEW YORK (Reuters) -U.S. stocks sank on Thursday and brought to a halt a rally in global stocks, as upbeat American jo..
Finance
Amazon CEO says job cuts to exceed 18,000 roles
By Jeffrey Dastin and Uday Sampath Kumar (Reuters) -Amazon.com Inc’s layoffs will now increase to more than 18,000 roles as part..
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British shoppers defy cost-of-living crisis at Christmas
By James Davey and Sarah Young LONDON (Reuters) -Britons spent more than expected over Christmas, Next, one of the country’s big..
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UK’s Prince Harry declines to commit to attending King Charles’ coronation
LONDON (Reuters) – Prince Harry declined to commit to going to the coronation of his father King Charles, according to a clip fr..
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Britain’s Next sees lower profit in 2023 as consumer outlook darkens
By James Davey LONDON (Reuters) – Britisah clothing retailer Next forecast lower profit in its 2023-24 year, reflecting uncertai..
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Walmart paid most of $1 billion tax for PhonePe shifting base to India
By Nandan Mandayam BENGALURU (Reuters) – Walmart Inc late on Wednesday confirmed that it had already paid the Indian government ..
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With big bets on Musk, these funds may have a Tesla problem in ’23
By David Randall NEW YORK (Reuters) – Tesla Inc’s steep sell-off is proving to be an ongoing nightmare for fund managers t..
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UK’s December shopper numbers defy inflation and rail strikes hit
LONDON (Reuters) – Shopper numbers across Britain in December rose 5.8% from November and were up 9.9% compared to 2021 despite ..
Headlines
Celebrating and mocking violence both make it more socially acceptable
Professional players, spectators, and media outlets acknowledge the violence in rugby games but distinguish it from other illegal “bad..
Opinion
GE HealthCare rises 8% in market debut, eyes small deals
By Leroy Leo and Kannaki Deka (Reuters) -GE HealthCare Technologies Inc’s shares rose as much as 8.4% in their Nasdaq debut on W..
Headlines
Emirati FM meets Syria’s Assad in Damascus in further sign of thawing ties
BEIRUT (Reuters) – Syrian President Bashar al-Assad received the United Arab Emirates foreign minister in Damascus on Wednesday ..
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Stellantis to build U.S. firm Archer’s air taxi, up stake
By Gilles Guillaume PARIS (Reuters) -Carmaker Stellantis will help build Archer Aviation’s electric aircraft and increase its st..
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Stocks, bonds extend rally on hopes rate hikes ease
By Lawrence White LONDON/NEW YORK (Reuters) – Shares rose and bonds rallied worldwide on Wednesday as investors tiptoed into the..
Headlines
Deutsche Bank’s rollercoaster ride towards more stability
(This Dec. 16 story has been refiled to correct currency unit to cents in paragraph 33) By Tom Sims and Marta Orosz FRANKFURT (Reuters..
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Dollar jumps, U.S. stocks buck global rally
By Amanda Cooper and Koh Gui Qing LONDON/NEW YORK (Reuters) -The dollar jumped on Tuesday as oil prices sank, while U.S. stocks bucked..
Headlines
Inflation drives Britain’s record Christmas grocery sales
By James Davey LONDON (Reuters) – British grocery sales rose 9.4% to a record 12.8 billion pounds ($15.3 billion) in the four we..
News
Decline in German services sector eases, raising hopes for milder recession -PMI
BERLIN (Reuters) – High inflation and economic uncertainty extended a downturn in the German services sector in December, though..
Headlines
Former astronaut Cunningham, member of first crewed Apollo flight, dies at age 90
By Katharine Jackson and Steve Gorman WASHINGTON (Reuters) -Former U.S. astronaut Walter Cunningham, who flew to space aboard Apollo 7..
Headlines
Britain says it is committed to leading a NATO task force in 2024
(Reuters) -Britain said on Tuesday it was committed to leading a NATO task force in 2024, dismissing a report by Berlin-based Table.Me..
Headlines
Rivian stock less bruised than Tesla as both miss EV targets
By Paul Lienert and Akash Sriram (Reuters) – Electric vehicle maker Rivian Automotive barely missed its full-year production tar..
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PM Rishi Sunak sets out priorities for Britain, responds to critics
By Elizabeth Piper LONDON (Reuters) – British Prime Minister Rishi Sunak will set out his priorities for 2023 on Wednesday, usin..
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Most EU countries back COVID pre-departure testing for flights from China
BRUSSELS (Reuters) -Most European Union countries favour introducing pre-departure COVID testing for travellers from China, the Europe..
Headlines
Blackstone offers backstop to lure University of California in redemption-stricken REIT
..
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Microsoft videogame testers form company’s first U.S. union
By Daniel Wiessner (Reuters) -A group of about 300 videogame testers at Microsoft Corp subsidiary Zenimax Studios have voted to unioni..
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French watchdog fines H2O Asset Management, executives over Tennor investments
(Reuters) – France’s financial markets watchdog AMF said on Tuesday it had fined H2O Asset Management and two of its manag..
Headlines
French energy suppliers will let struggling bakers renegotiate contracts – Le Maire
By Dominique Vidalon PARIS (Reuters) -France’s energy suppliers have agreed to allow the country’s trademark bakeries to r..
Headlines
The Crown Commercial Service names Nuix a certified supplier on its G-Cloud 13 framework
Nuix’s big-data forensic and analytics technologies are used by government, regulators, and law enforcement across the globe to..
Technology
Dollar jumps, euro dips before Fed minutes
By Karen Brettell NEW YORK (Reuters) – The greenback jumped on Tuesday before the Federal Reserve on Wednesday releases minutes ..
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