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..
Finance
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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..
Business
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..
Headlines
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..
Finance
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 ..
Technology
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 ..
Headlines
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 ..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines