Headlines

UK motor and home insurers headed for heavy losses, EY warns

UK motor and home insurers headed for heavy losses, EY warns

(Reuters) – British motor and home insurers are set for significant losses in 2022 and 2023 due to inflationary pressures and lo..

Soccer-Ronaldo breaks record as Portugal up and running with Ghana win

Soccer-Ronaldo breaks record as Portugal up and running with Ghana win

By Toby Davis DOHA (Reuters) -Cristiano Ronaldo drew a line under a tumultuous tournament build-up as he wrote his name in the record ..

Soccer-Manchester United fans want more say under any new owners

Soccer-Manchester United fans want more say under any new owners

By Alan Baldwin (Reuters) -Manchester United needs new owners and fresh investment to halt years of decline and fans should be given a..

German regulator stays vigilant as Meta changes VR headset rules

German regulator stays vigilant as Meta changes VR headset rules

BERLIN (Reuters) – Facebook’s parent company Meta Platforms has responded to the German cartel office’s concerns by ..

Telecoms group Orange signs sustainability-linked refinancing of 6 billion euros syndicated credit facility

Telecoms group Orange signs sustainability-linked refinancing of 6 billion euros syndicated credit facility

PARIS (Reuters) – Orange, France’s biggest telecoms group, said on Wednesday it had signed an agreement for a sustainabili..

Factbox-U.S. offers new details on plan to cap Russian oil prices

Factbox-U.S. offers new details on plan to cap Russian oil prices

(Reuters) -New guidance issued by the U.S. Treasury adds more detail to a complex plan by the European Union, G7 nations and Australia..

New space observatory helps solve mystery involving enormous black holes

New space observatory helps solve mystery involving enormous black holes

By Will Dunham WASHINGTON (Reuters) – Most galaxies are built around humongous black holes. While many of these are comparativel..

Zoom shares down 90% from peak as pandemic boom fades

Zoom shares down 90% from peak as pandemic boom fades

By Aditya Soni and Chavi Mehta (Reuters) – Shares of Zoom Video Communications Inc have tumbled about 90% from their pandemic pe..

End of cheap money for U.S. farmers plows trouble into food production

End of cheap money for U.S. farmers plows trouble into food production

By P.J. Huffstutter and Bianca Flowers CHICAGO (Reuters) – Montana farmer Sarah Degn had big plans to invest the healthy profits..

King Charles hosts first state visit for S.Africa’s Ramaphosa

King Charles hosts first state visit for S.Africa’s Ramaphosa

LONDON (Reuters) – King Charles will host his first state visit since his accession to the British throne when he welcomes South..

Shell to ‘evaluate’ 25 billion pound British investments after windfall tax

Shell to ‘evaluate’ 25 billion pound British investments after windfall tax

By Ron Bousso LONDON (Reuters) -Shell said on Monday it will evaluate plans to spend up to 25 billion pounds in Britain over the next ..

France demands Twitter ensure it can preserve ‘safe environment’

France demands Twitter ensure it can preserve ‘safe environment’

PARIS (Reuters) – French regulator Arcom said on Monday it had sent a letter to Twitter asking it to ensure by Nov. 24 that it c..

Exclusive-QatarEnergy boss says World Cup tension will not impact German business

Exclusive-QatarEnergy boss says World Cup tension will not impact German business

By Andrew Mills and Maha El Dahan DOHA (Reuters) – QatarEnergy chief Saad al-Kaabi said on Monday that business with German firm..

UK businesses call for looser immigration rules to boost growth

UK businesses call for looser immigration rules to boost growth

LONDON (Reuters) – Britain should create a programme of temporary work visas to boost economic growth and also resolve a dispute..

Lufthansa launches drive to hire 20,000 employees

Lufthansa launches drive to hire 20,000 employees

BERLIN (Reuters) – Deutsche Lufthansa said it planned to hire 20,000 new employees as the German flagship airline launched a rec..

Virgin Money shares leap on higher profit, investor payouts

Virgin Money shares leap on higher profit, investor payouts

By Iain Withers LONDON (Reuters) -Shares in British lender Virgin Money leapt 16% on Monday after it reported a jump in full-year prof..

StanChart sees Asia, Middle East as bright spots in weak global economy

StanChart sees Asia, Middle East as bright spots in weak global economy

By Anshuman Daga SINGAPORE (Reuters) – Standard Chartered expects Asia and the Middle East to outperform other regions even as s..

Nestle’s Nespresso to sell paper-based compostable coffee pods

Nestle’s Nespresso to sell paper-based compostable coffee pods

ZURICH (Reuters) – Nestle’s Nespresso coffee business is launching paper-based compostable capsules to attract customers p..

Contract caterer Compass expects 2023 profit growth to top 20%

Contract caterer Compass expects 2023 profit growth to top 20%

(Reuters) – Contract caterer Compass Group on Monday forecast its profit growth to be more than 20% in 2023 and margins to be ab..

In a stadium of their own, migrant workers say their sweat made World Cup happen

In a stadium of their own, migrant workers say their sweat made World Cup happen

By Maya Gebeily and Charlotte Bruneau DOHA (Reuters) -Taking selfies from the stands and sitting on the grassy pitch, thousands of mig..

Oil prices ease to trade near 2-month lows on China demand fears, dollar strength

Oil prices ease to trade near 2-month lows on China demand fears, dollar strength

By Emily Chow SINGAPORE (Reuters) -Oil prices dropped to trade near two-month lows on Monday, having earlier slid by around $1 a barre..

Younger Chinese are spurning factory jobs that power the economy

Younger Chinese are spurning factory jobs that power the economy

By David Kirton SHENZHEN (Reuters) – Growing up in a Chinese village, Julian Zhu only saw his father a few times a year when he ..

Chinese carmakers target more European sales with five-star EVs

Chinese carmakers target more European sales with five-star EVs

By Nick Carey SOLIHULL, England (Reuters) – Chinese electric vehicle (EV) makers have set their sights on winning over European ..

Irish consumer sentiment dips slightly on tech job losses

Irish consumer sentiment dips slightly on tech job losses

DUBLIN (Reuters) – Irish consumer sentiment dipped slightly in November as people grew concerned about job losses in the country..

Collapsed FTX owes nearly $3.1 billion to top 50 creditors

Collapsed FTX owes nearly $3.1 billion to top 50 creditors

(Reuters) -Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, said it owes its 50 biggest creditors ne..

Pfizer/BioNTech’s updated COVID shot shows strong response against BQ.1.1

Pfizer/BioNTech’s updated COVID shot shows strong response against BQ.1.1

(Reuters) -Pfizer Inc and its German partner BioNTech SE said on Friday their Omicron-tailored shot produced higher virus-neutralizing..

Big Pharma may have to reveal government deals in WHO’s draft pandemic rules

Big Pharma may have to reveal government deals in WHO’s draft pandemic rules

By Jennifer Rigby and Emma Farge LONDON/GENEVA (Reuters) – Pharmaceutical companies could be made to disclose prices and deals a..

Analysis-U.S. regulators could be pressured by slim Republican House control

Analysis-U.S. regulators could be pressured by slim Republican House control

By Ross Kerber and Chris Prentice BOSTON/ WASHINGTON (Reuters) – With the U.S. House of Representatives under their control, Rep..

UK’s Royal Mail workers to strike in run-up to Christmas

UK’s Royal Mail workers to strike in run-up to Christmas

LONDON (Reuters) -Postal workers at Britain’s Royal Mail will strike for six days in the run-up to the busy Christmas period in ..

Bankers bet billions on new wave of debt-for-nature deals

Bankers bet billions on new wave of debt-for-nature deals

By Clare Baldwin, Marc Jones and Simon Jessop SHARM EL-SHEIKH, Egypt (Reuters) – The Galapagos Islands, whose thousands of uniqu..

Wave’ of lawsuits over FTX expected, but investors will face legal hurdles

Wave’ of lawsuits over FTX expected, but investors will face legal hurdles

By Jody Godoy (Reuters) – A lawsuit by FTX account holders in the United States is likely the first of many that will be brought..

Explainer-How the World Health Organization might fight future pandemics

Explainer-How the World Health Organization might fight future pandemics

By Emma Farge GENEVA (Reuters) – Negotiations on new rules for dealing with pandemics are underway at the World Health Organizat..

G20 Summit: What you need to know now

G20 Summit: What you need to know now

NUSA DUA, Indonesia (Reuters) – Leaders of the Group of 20 (G20) nations deplored Russia’s aggression in Ukraine “in..

Italy names former Treasury official to head ITA Airways

Italy names former Treasury official to head ITA Airways

ROME (Reuters) -The Italian economy ministry on Wednesday said it would appoint former Treasury official Antonino Turicchi as chairman..

Tesla reports two new fatal crashes involving driver assistance systems

Tesla reports two new fatal crashes involving driver assistance systems

By David Shepardson WASHINGTON (Reuters) – Tesla Inc told U.S. auto safety regulators it has reports of two new crash fatalities..

G7 leaders arranging emergency summit after Poland missile strike – Kyodo

G7 leaders arranging emergency summit after Poland missile strike – Kyodo

TOKYO (Reuters) – Group of Seven leaders are arranging an emergency summit meeting on Wednesday in response to a missile strike ..

Musk to relaunch Twitter’s blue check subscription on Nov 29

Musk to relaunch Twitter’s blue check subscription on Nov 29

(Reuters) -Billionaire Elon Musk said on Tuesday that Twitter’s sought-after blue check subscription service will be relaunched ..