Oil prices settle down 3% as Red Sea shipping disruptions ease
BENGALURU (Reuters) -Oil prices fell 3% on Thursday as more shipping companies said they were ready to transit the Red Sea route, easi..
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Red Sea shipping workarounds add costs, delays for suppliers, retailers
LOS ANGELES (Reuters) -Toymaker Basic Fun’s team that oversees ocean shipments of Tonka trucks and Care Bears for Walmart and ot..
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Dollar hits 5-mth low against euro as Fed seen closer to rate cuts
NEW YORK (Reuters) -The dollar slipped to a five-month low against the euro and a basket of currencies on Wednesday on expectations th..
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UK recession might be under way after economy shrinks in Q3
LONDON (Reuters) -Britain’s economy might be in a recession, according to data that showed it shrank between July and September,..
Finance
Cybertruck designer says Tesla stainless steel pickup is no experiment
By Nichola Groom and Cath Turner LOS ANGELES (Reuters) – The angular, polarizing design of the Cybertruck will help boost the T..
Innovation
Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit
By Nivedita Balu (Reuters) – Canada on Thursday approved Royal Bank of Canada’s C$13.5 billion dollars ($10.2 billion) ac..
News
Dealmakers see rebound after global M&A volumes hit decade-low
NEW YORK (Reuters) – Mergers and acquisitions (M&A) activity fell to its lowest level in ten years globally in 2023, as high..
Business
Analysis-Italy’s bonds set for plain sailing until possible summer storms
MILAN (Reuters) – The first half of next year will offer favourable conditions for Italian government bonds after a stellar 2023..
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EU to extend emergency gas price cap for another year
BRUSSELS (Reuters) – The European Union is set to extend its emergency cap on gas prices for another 12 months to serve as a s..
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Steady hearts, steady hands as Vatican experts restore masterpieces
VATICAN CITY (Reuters) – Whenever Alessandra Zarelli, a restorer at the Vatican Museums, works on a masterpiece by an artist suc..
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