US dollar set for 12th weekly gain after blowout jobs number
NEW YORK (Reuters) – The dollar gained on Friday, headed for a 12th straight week of gains, after a blockbuster U.S. jobs report..
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European stocks hits third-straight weekly loss as yields surge
(Reuters) -European shares advanced at the end of a turbulent week tracking Wall Street gains, but hit weekly losses, while a hotter-t..
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EU leaders resolve to boost economic security amid global tension
In a declaration at the end of an EU summit in Spain, the leaders said the COVID pandemic and Russia’s invasion of Ukraine in..
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Analysis-Is the US strategy of engaging China working?
WASHINGTON (Reuters) – Early in the Biden administration, U.S. Secretary of State Antony Blinken vowed that the United States wo..
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Renault brings in Volvo, CMA CGM for electric van project
PARIS (Reuters) – Renault will work with fellow carmaker Volvo and shipping group CMA CGM on an electric van project that Renaul..
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US FDA still not satisfied with Philips recall; stock falls over 9%
AMSTERDAM (Reuters) -The U.S. Food and Drug Administration (FDA) said it is still not satisfied with how Dutch healthcare technology c..
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ECB’s Schnabel can’t rule out more hikes amid inflation risks
FRANKFURT (Reuters) -The European Central Bank may need to raise interest rates again if wages, profits or new supply snags boost infl..
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GSK raises $1.1 billion from Haleon stake sale
(Reuters) -British drugmaker GSK on Friday said it raised 885.6 million pounds ($1.08 billion) from a stake sale in Haleon, bringing d..
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UK’s J D Wetherspoon posts higher sales on resilient demand
(Reuters) -British pub group J D Wetherspoon said on Friday sales in the first nine weeks of its financial year rose nearly 10% on str..
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Norway plans resource tax on onshore wind farms
OSLO (Reuters) – Norway will introduce a resource rent tax on onshore wind power from 2024, although existing facilities will ge..
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