Business News

By David Milliken LONDON (Reuters) -British consumer spending picked up in early December, in line with usual seasonal trends as people spent more in the run-up to Christmas, despite a …

(Change the number of meetings in last paragraph from one to multiple) BEIJING (Reuters) – China’s economic growth will keep picking up pace with the implementation of the newly-announced anti-COVID …

(Reuters) – Tesla Inc will shorten shift hours at its Shanghai factory and has delayed on-boarding of new staff at its most productive plant, according to a report by Bloomberg …

By Steven Scheer JERUSALEM (Reuters) -Israel’s incoming finance minister has said his economic strategy will be infused with religious beliefs laid out in the Torah, predicting that this would help …

By Olesya Astakhova OMSK, Russia (Reuters) – Gazprom Neft, the oil arm of Russian gas giant Gazprom, plans to keep its oil refining steady next year, at around 41 million …

By Howard Schneider WASHINGTON (Reuters) – The movement of people into and out of the U.S. labor force, a complex flow typically involving more than 12 million people monthly, has …

SHANGHAI (Reuters) -China’s passenger vehicle sales fell for the first time in six months in November and are expected to stay flat next year, an industry body said on Thursday, …

(Reuters) – Volkswagen expects a difficult 2023 for its financial services unit on the back of economic downturn, higher energy prices and rising interest rates. “We see that people are …

A look at the day ahead in U.S. and global markets from Mike Dolan. The big consensus bet of 2023 is already in full swing – bonds are bid. Although …

(Reuters) -The Netherlands plans new controls on exports of chip-making equipment to China and a deal could be announced next month, Bloomberg News reported on Thursday, citing people familiar with …

LONDON (Reuters) – Britain’s Financial Conduct Authority said on Thursday it has fined inter-dealer brokers BGC Brokers LP, GFI Brokers Limited, and GFI Securities Limited 4.77 million pounds ($5.80 million)for …

(Reuters) – Belarus’ central bank said on Thursday it will remove the euro from its currency basket used to calculate the official exchange rate for the Belarusian’ rouble. The regulator …

(Reuters) -U.S. House Financial Services Committee Chairman Maxine Waters tweeted on Wednesday that a subpoena of FTX founder Sam Bankman-Fried was “definitely on the table,” in response to reports she …

By David Shepardson and Tim Hepher WASHINGTON/PARIS (Reuters) -The U.S. Federal Aviation Administration said it has approved special conditions for the Airbus A321XLR after concerns were raised that a novel …

(Reuters) – BP Plc on Thursday said its British electric vehicle charging business bp pulse will install high-speed charge points at around 70 Marks & Spencer retail outlets. The oil …

DUBAI (Reuters) – The UAE’s GDP is expected to grow 6.5% this year, and more than 7% next year, the country’s economy minister said on Thursday. (Reporting by Yousef Saba, …

(Updates the company description in the fourth-to-last paragraph) By Summer Zhen HONG KONG (Reuters) – With traditional equity and bond portfolios underwhelming investors this year and China’s market returns letting …

TOKYO (Reuters) – Honda Motor Co said on Thursday that Chinese battery giant CATL would supply batteries for seven years for its electric vehicles (EV) in China. The Japanese automaker …

(Reuters) -Twitter owner and Tesla boss Elon Musk briefly lost his title as the world’s richest person on Wednesday, according to Forbes, following a steep drop in the value of …

LONDON (Reuters) – British American Tobacco said on Thursday it expects full-year revenue growth of between 2% and 4% at constant currency rates, as more people are using its e-cigarettes …

LONDON (Reuters) – Britain’s labour market cooled noticeably last month, with demand for staff and pay growth easing, and staff shortages became less acute, a survey showed on Thursday. The …

By Juby Babu (Reuters) – Google said on Thursday it will merge teams working on mapping service Waze and products like Google Maps, effective Dec. 9, in a bid to …

By Jamie Freed SYDNEY (Reuters) -A growing number of companies are making bulk purchases of sustainable aviation fuel (SAF) to reduce their carbon footprints, encouraging mass production of the cleaner …

By Steven Scheer TEL AVIV (Reuters) -Israeli bank profits will slow somewhat next year after a robust 2022, the country’s banking regulator said. Big profits have angered some consumers who …

By Jonathan Cable LONDON (Reuters) – The Bank of England will add another 50 basis points to Bank Rate next week and take borrowing costs to 3.50%, despite the economy …