Headlines

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 ..

Trouble in China’s shopping paradise as Hainan duty-free spending tumbles

Trouble in China’s shopping paradise as Hainan duty-free spending tumbles

BEIJING (Reuters) -Duty-free spending slumped 29.3% last year in China’s island province of Hainan, where global luxury players ..

Morning Bid: As stocks waver, dollar remains the surest bet

Morning Bid: As stocks waver, dollar remains the surest bet

While stock markets shrugged off the dim start to 2025, the higher-for-longer U.S. rates theme has left the dollar’s dominance i..

World food price index eases in Dec, pushed lower by sugar

World food price index eases in Dec, pushed lower by sugar

ROME (Reuters) – The United Nations’ world food price index dipped in December against November levels, led lower by a dro..

China will sharply increase funding from treasury bonds to spur growth in 2025

China will sharply increase funding from treasury bonds to spur growth in 2025

BEIJING (Reuters) –     China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment a..

Asian stocks rise, dollar at two-year high as US rates, Trump in focus

Asian stocks rise, dollar at two-year high as US rates, Trump in focus

SINGAPORE (Reuters) –     Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was perc..

Dollar headed for best week since November on US rates, economic outlook

Dollar headed for best week since November on US rates, economic outlook

SINGAPORE (Reuters) –     The dollar was on track for its best weekly performance in over a month on Friday, underpinned by expe..