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Reuters

Reuters

  • Business News

    Factbox-How governments are trying to ease impact of inflation

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    (Reuters) – Pandemic-related disruptions to global supply chains and the effects of Russia’s war in Ukraine have driven up prices of energy, commodities and necessities. Here’s how governments are trying …

  • Business News

    Hyundai lays off staff after idling Russian plant since March

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    MOSCOW (Reuters) – South Korea’s Hyundai Motor Co, formerly one of Russia’s biggest car makers, has begun laying off workers at its St Petersburg factory, which has stood idle since …

  • US and World News

    Activist Blackwells sues GNL, Necessity Retail over board dispute

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Anirban Sen NEW YORK (Reuters) – Blackwells Capital, a hedge fund seeking to replace some of the board directors at Global Net Lease Inc and Necessity Retail REIT Inc, …

  • Business News

    Shareholders of gas group Uniper approve German bailout

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) -Shareholders in Uniper on Monday approved a state bailout that has so far cost the German government more than 50 billion euros …

  • Business News

    Tesla hits 3,000 cars a week in Berlin, Austin later than planned

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    BERLIN (Reuters) – Tesla’s German plant produced 3,000 cars last week for the first time, the carmaker tweeted late on Sunday – but the milestone was reached over two months …

  • Business News

    Recovery in Asia M&A, stuck at 8-year-lows, rests on macro conditions

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Kane Wu (Reuters) – Stronger Asia-Pacific mergers and acquisitions activity next year depends on improving macroeconomic conditions, after 2022 deals were held at eight-year lows by financing costs, weak …

  • US and World News

    Netherlands PM Rutte apologises for role of Dutch state in slavery

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Toby Sterling and Ank Kuipers THE HAGUE (Reuters) – Prime Minister Mark Rutte on Monday apologised on behalf of the Dutch State for its historical role in slavery, and …

  • Business News

    Analysis-Investors eye a new market in Central Europe: homes for rent

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Canan Sevgili, Jason Hovet and Gergely Szakacs GDANSK, Poland/PRAGUE (Reuters) – With rising interest rates and limited supply putting home ownership out of reach for a growing number of …

  • Business News

    U.S. confirms fifth Takata air bag inflator death in 2022, urges owners to get repairs

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators confirmed a fifth Takata air bag inflator crash death in 2022 and reiterated urgent calls for owners to get repairs. Chrysler-parent …

  • Business NewsTop Headlines

    EU warns Meta over Facebook Marketplace antitrust breach

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    BRUSSELS (Reuters) -The European Commission on Monday said it has warned Facebook parent company Meta that it is breaching EU antitrust laws by distorting competition in markets for online classified …

  • Business News

    Rouble slumps to 7-month low, biggest one-day drop since July

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Alexander Marrow MOSCOW (Reuters) -The rouble slumped to its weakest point in more than seven months against the dollar on Monday and was on course for its biggest single-day …

  • Business News

    Tesla may announce $800 million to $1 billion in Mexico plant in coming days – report

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    MEXICO CITY (Reuters) -Electric carmaker Tesla could announce the construction of a “Gigafactory” in the northern Mexican state of Nuevo Leon as soon as Friday, with an initial investment of …

  • Business News

    Qatar expects 16% revenue rise in 2023 budget on higher oil prices

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Rachna Uppal DUBAI (Reuters) -Qatar approved its 2023 fiscal year budget on Monday with revenue estimated to increase 16.3% next year, its finance minister said, thanks to rising average …

  • Business News

    Wirecard witness admits guilt but pins German fraud blame on ex-CEO

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Christina Amann MUNICH (Reuters) – The key prosecution witness in Germany’s biggest post-war fraud trial admitted guilt on Monday in a scam that led to Wirecard’s collapse but said …

  • Business News

    ESG funds set for first annual outflows in a decade after bruising year

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Tommy Wilkes and Patturaja Murugaboopathy LONDON (Reuters) – Investors pulled more money from funds marketed as “sustainable” than they added for the first time in more than a decade …

  • Business News

    Microsoft to roll out ‘data boundary’ for EU customers from Jan. 1

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    (This Dec. 15 story has been refiled to correct grammar in paragraph 5 to ‘need to be taking,’ not ‘needed to be taken’) By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM …

  • US and World News

    U.S. leaves door open for Iran nuclear diplomacy

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Arshad Mohammed and John Irish WASHINGTON/PARIS (Reuters) – For nearly two years the United States has tried and failed to negotiate a revival of the 2015 Iran nuclear deal …

  • Business News

    German union warns Amazon of rolling pre-Christmas strikes

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    BERLIN (Reuters) -German union Verdi on Sunday urged workers at Amazon warehouses across the country to support rolling strikes in coming days in a protest over pay, aimed at maximising …

  • Business News

    Morgan Stanley appoints two co-heads of Italian investment banking operations

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    MILAN (Reuters) – Morgan Stanley has named Emilio Greco and Nicola Savoini as co-heads of its Italian investment banking operations, it said on Monday. Greco joined the bank last year, after …

  • Business News

    Italy weakens plan to promote cash payments after EU criticism

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Giuseppe Fonte ROME (Reuters) -Italy will scrap part of its plans to facilitate cash payments for goods and services after criticism from European Union authorities and its own central …

  • Top HeadlinesUS and World News

    Exclusive-Probe of Musk’s Neuralink to scrutinize long-criticized U.S animal welfare regulator

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Rachael Levy, Sarah N. Lynch and Marisa Taylor (Reuters) – Law enforcement officials investigating Elon Musk’s Neuralink Corp over its animal trial program are also scrutinizing the U.S. Department …

  • US and World News

    Malaysia Prime Minister Anwar wins motion of confidence in parliament

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Mei Mei Chu and Angie Teo KUALA LUMPUR (Reuters) -Malaysian Prime Minister Anwar Ibrahim’s motion of confidence was passed in parliament on Monday, winning vital backing for his premiership …

  • Business News

    Taiwan investigates TikTok for suspected illegal operations

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    TAIPEI (Reuters) – Taiwan’s government has opened a probe into Chinese-owned social media platform TikTok on suspicion of illegally operating a subsidiary on the island, though the company’s owner denied …

  • Business News

    UK factory output and export orders sag in December: CBI

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    LONDON (Reuters) – British factories’ output and export orders slid this month, according to a survey on Monday that underlined the troubles faced by the manufacturing sector, including high inflation …

  • Business News

    German business morale approaches 2023 on high note – Ifo

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    BERLIN (Reuters) – German business morale rose more than expected in December as the outlook for Europe’s largest economy improved despite the energy crisis and high inflation, a survey showed …

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