Headlines

Russian services activity shrinks for third month running in Dec -PMI

Russian services activity shrinks for third month running in Dec -PMI

MOSCOW (Reuters) – Activity in Russia’s services industry shrank for the third month running in December, a survey showed ..

Oil set to end turbulent 2022 modestly higher

Oil set to end turbulent 2022 modestly higher

By Florence Tan and Emily Chow SINGAPORE (Reuters) – Oil prices edged up on Friday and were on track to post their second straig..

Bahamas regulator holds FTX assets pending delivery to customers, creditors

Bahamas regulator holds FTX assets pending delivery to customers, creditors

(Reuters) – The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on ..

UK’s Sunak to halve support that helps businesses pay fuel bills -The Times

UK’s Sunak to halve support that helps businesses pay fuel bills -The Times

(Reuters) – British Prime Minister Rishi Sunak is poised to halve financial support on energy bills for businesses, amid concern..

Headlines

Southwest cancels thousands more flights; U.S. government vows scrutiny

Southwest cancels thousands more flights; U.S. government vows scrutiny

By David Shepardson and Alexandra Alper (Reuters) -Southwest Airlines came under fire from the U.S. government on Tuesday after it canceled thousands ..

Wall St stocks fall, bond yields rise as China drops quarantine rule

Wall St stocks fall, bond yields rise as China drops quarantine rule

By Sinéad Carew NEW YORK (Reuters) – The S&P 500 and the Nasdaq closed lower on Tuesday after the release of U.S. economic d..

Slipping over Mexico border, migrants get the jump on U.S. court ruling

Slipping over Mexico border, migrants get the jump on U.S. court ruling

By Jose Luis Gonzalez and Daina Beth Solomon CIUDAD JUAREZ, Mexico (Reuters) – Even before the U.S. Supreme Court on Tuesday opt..

Asian shares muted as investors fret over China reopening

Asian shares muted as investors fret over China reopening

By Ankur Banerjee SINGAPORE (Reuters) – Asian equities swung between losses and gains in choppy trading on Wednesday as investor..

Italy’s Nexi signs digital payments deal with TIM’s Olivetti

Italy’s Nexi signs digital payments deal with TIM’s Olivetti

xMILAN (Reuters) – Nexi and Telecom Italia’s Olivetti have teamed up to provide advanced electronic payment solutions to b..

Belgian court decides to keep EU corruption case suspect in detention

Belgian court decides to keep EU corruption case suspect in detention

BRUSSELS (Reuters) – A Belgian appeals court decided on Tuesday to keep Niccolo Figa-Talamanca, an Italian suspect in a European..

European shares end higher on China recovery optimism

European shares end higher on China recovery optimism

By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares closed a touch higher on Tuesday as China relaxing its COVID-1..

Oil hits 3-week high as China eases COVID curbs

Oil hits 3-week high as China eases COVID curbs

By Alex Lawler LONDON (Reuters) -Oil hit a three-week high on Tuesday as China’s latest easing of COVID-19 restrictions spurred ..

UK retailers see 40% jump in Boxing Day shoppers -Springboard

UK retailers see 40% jump in Boxing Day shoppers -Springboard

LONDON (Reuters) – UK retail destinations enjoyed an almost 40% rise in shopper numbers on Monday after the first Christmas in t..

German businesses expect only mild recession as disruptions ease

German businesses expect only mild recession as disruptions ease

BERLIN (Reuters) – German companies expect only a mild recession next year despite headwinds from the energy crisis, raw materia..

Oil prices rise as China eases COVID curbs, U.S. storm fuels supply worries

Oil prices rise as China eases COVID curbs, U.S. storm fuels supply worries

By Isabel Kua SINGAPORE (Reuters) -Oil prices rose to three-week highs on Tuesday as China’s latest easing of COVID-19 restricti..

Board of Russia’s AvtoVAZ approves $585 million in 2023 investment programme – RIA agency

Board of Russia’s AvtoVAZ approves $585 million in 2023 investment programme – RIA agency

(Reuters) – The board of directors of Russian top carmaker AvtoVAZ approved the firm’s 2023 investment programme for just ..

Stocks advance, U.S. dollar retreats as China drops quarantine rule

Stocks advance, U.S. dollar retreats as China drops quarantine rule

By Xie Yu HONG KONG (Reuters) – Stock markets gained while the U.S. dollar softened on Tuesday after China said it would drop it..

Belarus sentences in absentia former Olympian Herasimenia to 12 years in prison – BelTA

Belarus sentences in absentia former Olympian Herasimenia to 12 years in prison – BelTA

By Ronald Popeski and Lidia Kelly (Reuters) – A Minsk court sentenced in absentia former Olympic swimmer Aliaksandra Herasimenia..

Russia could hike rates in 2023 if inflation risks have big impact -cenbank

Russia could hike rates in 2023 if inflation risks have big impact -cenbank

MOSCOW (Reuters) – The Bank of Russia could raise interest rates in 2023 if inflationary risks such as labour shortages and impo..

Russia’s Sberbank urges Glencore to resolve dispute over oil bill

Russia’s Sberbank urges Glencore to resolve dispute over oil bill

MOSCOW (Reuters) -Sberbank on Monday accused Glencore of choosing not to foot a bill for oil supplied via the Russian lender, saying t..

Cricket-Not enough attention paid to international schedule – Stokes

Cricket-Not enough attention paid to international schedule – Stokes

(Reuters) – England test captain Ben Stokes has raised concerns over the scheduling of international cricket, saying the authori..

Apple’s Australian workers go on Christmas strike demanding better wages, work terms

Apple’s Australian workers go on Christmas strike demanding better wages, work terms

(Reuters) – Apple Inc’s workers in Australia initiated a strike Friday afternoon, demanding better working conditions and ..

Amazon may be responsible for allowing Louboutin knock-off ads, EU court says

Amazon may be responsible for allowing Louboutin knock-off ads, EU court says

By Kate Abnett BRUSSELS (Reuters) -Online retailer Amazon.com may be deemed responsible for advertising of counterfeit Christian Loubo..

Banker bonuses go from boom to bust in jarring reversal

Banker bonuses go from boom to bust in jarring reversal

By Lananh Nguyen, Saeed Azhar and Lawrence White NEW YORK/LONDON (Reuters) -Bankers in New York and London are bracing for year-end bo..

Austrian regulator orders system-relevant banks to up capital buffers

Austrian regulator orders system-relevant banks to up capital buffers

BERLIN (Reuters) – Austrian banking regulator FMA said on Thursday it has ordered system-relevant banks in the country to increa..

UK watchdog fines Deloitte over SIG audit

UK watchdog fines Deloitte over SIG audit

By Tom Wilson LONDON (Reuters) -Britain’s accounting watchdog said on Thursday it had fined Deloitte LLP more than 900,000 pound..

Hundreds of Tyson Foods employees to depart as company closes offices – WSJ

Hundreds of Tyson Foods employees to depart as company closes offices – WSJ

(Reuters) – Hundreds of Tyson Foods Inc employees from two of its largest business units plan to leave as the company consolidat..

BMW to make Solid Power’s battery cells under expanded agreement

BMW to make Solid Power’s battery cells under expanded agreement

(Reuters) – Solid Power Inc said on Wednesday it will offer some intellectual property rights related to its solid-state batteri..

Airbus pledges deeper industrial ties with India

Airbus pledges deeper industrial ties with India

(Corrects to remove word “just” in paragraph 7) PARIS (Reuters) – Airbus plans to deepen its industrial presence in ..

Yen retreats after BOJ policy tweak sparked surge

Yen retreats after BOJ policy tweak sparked surge

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The yen fell in a choppy session on Wednesday, ceding some of the ground gained the previous ..

German yields steady, spreads tighten after recent repricing

German yields steady, spreads tighten after recent repricing

By Stefano Rebaudo (Reuters) – German borrowing costs were little changed and spreads between the core and periphery tightened o..

First foreign COVID vaccines head to China from Germany

First foreign COVID vaccines head to China from Germany

By Thomas Escritt and Alexander Ratz BERLIN (Reuters) -Berlin has sent its first batch of BioNTech COVID-19 vaccines to China to be ad..

Engie warns of hit from windfall levies, Belgian nuclear provisions

Engie warns of hit from windfall levies, Belgian nuclear provisions

PARIS (Reuters) – France’s Engie warned on Tuesday of an earnings hit from European Union approved windfall levies and lar..

Oil prices rise on U.S. drawdown, Chinese fears weigh

Oil prices rise on U.S. drawdown, Chinese fears weigh

By Shadia Nasralla and Rowena Edwards LONDON (Reuters) -Oil prices rose by more than 2% on Wednesday after data suggested a larger tha..

Analysis-Russian gold removed from some Western funds after Ukraine

Analysis-Russian gold removed from some Western funds after Ukraine

By Peter Hobson LONDON (Reuters) – Hidden inside high-security bank vaults in London, Zurich and New York, billions of dollars&#..

SpaceX rocket sends first global water survey mission into orbit

SpaceX rocket sends first global water survey mission into orbit

By Steve Gorman LOS ANGELES, Calif. (Reuters) -A SpaceX rocket blasted off early on Friday carrying a U.S.-French satellite designed t..

Britain’s Purplebricks to cut more than 10% of jobs – The Times

Britain’s Purplebricks to cut more than 10% of jobs – The Times

(Reuters) – Purplebricks Group PLC, Britain’s biggest online-only real estate agency, will cut more than 10% of its workfo..