Headlines

US bank profits fall in choppy quarter marked by special charges, falling lending margins

US bank profits fall in choppy quarter marked by special charges, falling lending margins

WASHINGTON (Reuters) -Major U.S. bank profits fell on Friday in a choppy fourth quarter complicated by special charges and job cuts, w..

Exclusive-EU investigators to inspect China’s BYD, Geely and SAIC in EV probe – source

Exclusive-EU investigators to inspect China’s BYD, Geely and SAIC in EV probe – source

SHANGHAI/BRUSSELS (Reuters) -European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a prob..

US scientists say one-in-three chance 2024 another year of record heat

US scientists say one-in-three chance 2024 another year of record heat

By Gloria Dickie TORONTO (Reuters) – This year has a one-in-three chance of being even hotter than 2023, which was already th..

Oil rises 2% as some tankers avoid Red Sea after strikes

Oil rises 2% as some tankers avoid Red Sea after strikes

HOUSTON (Reuters) -Oil climbed more than 2% on Friday, as some oil tankers diverted course from the Red Sea following overnight air an..

JPMorgan’s annual profit surges to record even as Q4 net income dips

JPMorgan’s annual profit surges to record even as Q4 net income dips

(Reuters) -JPMorgan Chase reported its best-ever annual profit and forecast higher-than-expected interest income for 2024, even as i..

UK could beat US and euro zone to sub-2% inflation – Capital

UK could beat US and euro zone to sub-2% inflation – Capital

LONDON (Reuters) – Britain, which has had the strongest inflation among the world’s big rich economies for much of the pas..

Oil gains after US, UK strike on Houthis; U.S. yields ease after PPI

Oil gains after US, UK strike on Houthis; U.S. yields ease after PPI

NEW YORK (Reuters) -Oil prices jumped more than 2% as some oil tankers diverted course from the Red Sea after overnight strikes by the..

US FAA to boost oversight of Boeing, sees more manufacturing issues

US FAA to boost oversight of Boeing, sees more manufacturing issues

WASHINGTON (Reuters) -The U.S. Federal Aviation Administration said on Friday it will intensify oversight of Boeing after a panel brok..

Dollar dips after soft US inflation data, Aussie, New Zealand dollars outperform

Dollar dips after soft US inflation data, Aussie, New Zealand dollars outperform

NEW YORK (Reuters) – The dollar index gave up earlier gains and higher beta currencies, including the New Zealand and Australi..

St Peter’s centrepiece to get makeover in time for 2025 Holy Year

St Peter’s centrepiece to get makeover in time for 2025 Holy Year

VATICAN CITY (Reuters) – A giant bronze canopy at the centre of St Peter’s Basilica will get its first major makeover in m..