Peter Orszag Discusses His Time in the Obama Administration
Now the CEO of Lazard, Peter Orszag served as Director of the Office of Management a..
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European shares fall as healthcare, financials weigh
(Reuters) – European shares slipped on Tuesday, pulling back after robust gain..
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Morning Bid: Inflation runs hot in the euro zone
A look at the day ahead in European and global markets from Vidya Ranganathan If the..
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Oil prices ease on weak economic data from US and Germany
By Scott DiSavino NEW YORK (Reuters) – Oil prices eased about 1% in volatile t..
Finance
UK new car sales rise in 2024 but miss EV target, industry data shows
(Reuters) -New car registrations in the UK rose in 2024, industry data showed on Mon..
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Spain’s December services activity grows at fastest pace in 20 months, PMI shows
MADRID (Reuters) – Spain’s service sector expanded in December at its fa..
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UK firms lost momentum and cut staff after budget, surveys show
(Reuters) -British business activity growth slowed to a crawl in December and employ..
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Nippon Steel could face growth challenges after U.S. Steel purchase blocked, analysts say
By Noriyuki Hirata, Yuka Obayashi and Katya Golubkova TOKYO (Reuters) -Japan’s..
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Sterling perks up from eight-month low as dollar slips
LONDON (Reuters) – The pound firmed on Monday, rising from an eight-month low ..
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UK’s FTSE 100 lags European peers as Rolls-Royce, Unilever weigh
(Reuters) – UK’s FTSE 100 inched down on Monday as rating downgrades on ..
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Stocks nudge up in choppy trade as political uncertainty reigns
SYDNEY/LONDON (Reuters) -Global stocks edged up on Monday ahead of a week crammed wi..
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US plans more sanctions on tankers carrying Russian oil, sources say
WASHINGTON/NEW DELHI (Reuters) – The Biden administration plans to impose more..
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Canada PM Trudeau is likely to announce resignation, source says
OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau is increasingly likely to a..
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Dollar rally pauses; yuan slides to 16-month low
By Rae Wee SINGAPORE (Reuters) -The dollar eased on Monday but held close to a two-y..
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UBS investigates undisclosed Nazi-linked accounts at Credit Suisse
By Gnaneshwar Rajan and Surbhi Misra (Reuters) – Swiss bank UBS is working wit..
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Global equity fund inflows drop on higher US bond yields
(Reuters) – Demand for global equity funds shrank in the week through Jan. 1, ..
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Polish power-grid operator plans $15.4-billion investment by 2034
WARSAW (Reuters) – Polish power-grid operator PSE said on Thursday its tra..
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Tullow Oil jumps after being exempt from $320 million tax
(Reuters) – Shares of Tullow Oil jumped over 14% on Friday after the West ..
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German unemployment rises less than expected in December, labour office says
By Maria Martinez BERLIN (Reuters) -The number of people out of work in Germany rose..
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Tesla’s China sales rise to record high in 2024, bucking global decline
BEIJING (Reuters) -U.S. electric vehicle maker Tesla said on Friday its China sales ..
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UK lawmakers summon Shein and Temu for questioning over labour practices
By Helen Reid and James Davey LONDON (Reuters) – Fast-fashion online retailer ..
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Trouble in China’s shopping paradise as Hainan duty-free spending tumbles
BEIJING (Reuters) -Duty-free spending slumped 29.3% last year in China’s islan..
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Morning Bid: As stocks waver, dollar remains the surest bet
While stock markets shrugged off the dim start to 2025, the higher-for-longer U.S. r..
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World food price index eases in Dec, pushed lower by sugar
ROME (Reuters) – The United Nations’ world food price index dipped in De..
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China will sharply increase funding from treasury bonds to spur growth in 2025
BEIJING (Reuters) – China will sharply increase funding from ultra-long tr..
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Asian stocks rise, dollar at two-year high as US rates, Trump in focus
SINGAPORE (Reuters) – Asian stocks rose on Friday, aiming to shrug off a l..
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Dollar headed for best week since November on US rates, economic outlook
SINGAPORE (Reuters) – The dollar was on track for its best weekly performa..
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Stocks end strong year with a whimper as yields apply pressure
NEW YORK (Reuters) -Global stocks declined on Tuesday as elevated U.S. Treasury yiel..
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BMW, Yamaha Motor back US rare earths startup Phoenix Tailings
(Reuters) – BMW and Yamaha Motor have invested in U.S.-based rare earths p..
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Macron acknowledges error on early elections in New Year’s speech
PARIS (Reuters) -French President Emmanuel Macron said on Tuesday he recognised that..
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Swiss central bank faces call to hold bitcoin in reserves
ZURICH (Reuters) – A proposal to oblige the Swiss National Bank (SNB) to h..
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Britain’s energy price cap to rise 3% in April, Cornwall Insight says
LONDON (Reuters) – Britain’s domestic energy price cap is expected to ri..
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UK approves Merck’s therapy for rare lung condition
(Reuters) – UK’s Medicines and Healthcare products Regulatory Agency (MH..
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Inside luxury goods’ broken audit system
By Elisa Anzolin, Emilio Parodi and Silvia Ognibene MILAN (Reuters) – LVMH-own..
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Cycling-Britain’s Finucane sets out target for triple gold in LA
LONDON (Reuters) – Britain’s twice world champion Emma Finucane says she..
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Markets in 2024: Wall Street’s high-octane rally keeps investors captive to the US
By Naomi Rovnick, Dhara Ranasinghe and Rodrigo Campos LONDON (Reuters) – Marke..
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Steady sterling on track for best G10 performance against dollar in 2024
By Harry Robertson LONDON (Reuters) – The pound was little changed on the fina..
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