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US plans more sanctions on tankers carrying Russian oil, sources say

US plans more sanctions on tankers carrying Russian oil, sources say

WASHINGTON/NEW DELHI (Reuters) – The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taki..

Canada PM Trudeau is likely to announce resignation, source says

Canada PM Trudeau is likely to announce resignation, source says

OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau is increasingly likely to announce he intends to step down, though he has not..

Dollar rally pauses; yuan slides to 16-month low

Dollar rally pauses; yuan slides to 16-month low

By Rae Wee SINGAPORE (Reuters) -The dollar eased on Monday but held close to a two-year peak, as traders awaited a raft of U.S. econom..

UBS investigates undisclosed Nazi-linked accounts at Credit Suisse

UBS investigates undisclosed Nazi-linked accounts at Credit Suisse

By Gnaneshwar Rajan and Surbhi Misra (Reuters) – Swiss bank UBS is working with an independent ombudsman to shed light on Nazi-l..

Global equity fund inflows drop on higher US bond yields

Global equity fund inflows drop on higher US bond yields

(Reuters) – Demand for global equity funds shrank in the week through Jan. 1, as higher U.S. Treasury yields led to caution and ..

Polish power-grid operator plans $15.4-billion investment by 2034

Polish power-grid operator plans $15.4-billion investment by 2034

WARSAW (Reuters) –     Polish power-grid operator PSE said on Thursday its transmission network development plan for 2025-2034 a..

Tullow Oil jumps after being exempt from $320 million tax

Tullow Oil jumps after being exempt from $320 million tax

(Reuters) –     Shares of Tullow Oil jumped over 14% on Friday after the West Africa-focused company was exempted from a $320 mi..

German unemployment rises less than expected in December, labour office says

German unemployment rises less than expected in December, labour office says

By Maria Martinez BERLIN (Reuters) -The number of people out of work in Germany rose less than expected in December, federal labour of..

Tesla’s China sales rise to record high in 2024, bucking global decline

Tesla’s China sales rise to record high in 2024, bucking global decline

BEIJING (Reuters) -U.S. electric vehicle maker Tesla said on Friday its China sales rose 8.8% to a record high of more than 657,000 ca..

UK lawmakers summon Shein and Temu for questioning over labour practices

UK lawmakers summon Shein and Temu for questioning over labour practices

By Helen Reid and James Davey LONDON (Reuters) – Fast-fashion online retailer Shein, which is hoping to list in London, faces a ..