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Explainer-What is the outlook for UK inflation in 2024?

Explainer-What is the outlook for UK inflation in 2024?

LONDON (Reuters) – British inflation edged up in December to 4.0% from November’s 3.9%, according to figures released on W..

Volvo Cars sees ‘tremendous growth’ in EVs, CEO says

Volvo Cars sees ‘tremendous growth’ in EVs, CEO says

DAVOS, Switzerland (Reuters) -Volvo Cars remains confident of “tremendous growth” in the electric vehicles market, CEO Jim..

Lindt’s pralines sweeten 2023 sales despite cocoa costs

Lindt’s pralines sweeten 2023 sales despite cocoa costs

(Reuters) -Swiss chocolate maker Lindt & Spruengli reported a 10.3% rise in 2023 organic sales on Tuesday, as the post-COVID recov..

Wall St dips, dollar, US yields rise on rate outlook jitters

Wall St dips, dollar, US yields rise on rate outlook jitters

NEW YORK (Reuters) – U.S. stocks edged lower while the dollar gathered strength as the World Economic Forum in Davos entered its..

Tech layoffs continue after ‘Year of Efficiency’

Tech layoffs continue after ‘Year of Efficiency’

(Reuters) – Big Tech’s “Year of Efficiency” may be over but recent layoffs at Google and Amazon have signaled ..

Poland plans to set end date for coal power

Poland plans to set end date for coal power

BRUSSELS (Reuters) – Poland plans to set an end date for coal-fuelled power, the country’s Secretary of State for Climate ..

As Davos crowd gathers, governments urged to rein in ‘billionaire class’

As Davos crowd gathers, governments urged to rein in ‘billionaire class’

(Reuters) – The combined fortunes of the world’s five richest men have more than doubled to $869 billion since 2020 while ..

Iceland volcano recedes after ‘black day’ of town fires

Iceland volcano recedes after ‘black day’ of town fires

REYKJAVIK (Reuters) – A volcano that erupted in southwest Iceland for the second time in less than a month appeared to be signif..

Red Sea trade disruption hits energy sector after strikes on Houthis

Red Sea trade disruption hits energy sector after strikes on Houthis

DOHA/LONDON (Reuters) -Qatar suspended liquefied natural gas (LNG) shipments via the Red Sea and six more oil tankers changed directio..

Dollar little changed on MLK Day, sterling slides in risk-off trading

Dollar little changed on MLK Day, sterling slides in risk-off trading

LONDON (Reuters) -The dollar was little changed on Monday in cautious during a U.S. public holiday, while risk-sensitive sterling sl..