Headlines

China steps up easing, cuts lending benchmarks to revive faltering economy

China steps up easing, cuts lending benchmarks to revive faltering economy

By Winni Zhou and Brenda Goh SHANGHAI (Reuters) -China cut its benchmark lending rate and lowered the mortgage reference by a bigger m..

Analysis-Meagre medicine cabinet leaves Sanofi unloved

Analysis-Meagre medicine cabinet leaves Sanofi unloved

By Ludwig Burger FRANKFURT (Reuters) – Sanofi’s recent stock rout underscores the pressure on the French drug maker to red..

Asia shares slip, dollar strong as yuan weakens

Asia shares slip, dollar strong as yuan weakens

By Wayne Cole SYDNEY (Reuters) – Asian shares slipped on Monday and the dollar extended its climb amid angst over global growth ..

Oil falls on concerns economic slowdown may dent fuel demand

Oil falls on concerns economic slowdown may dent fuel demand

By Yuka Obayashi TOKYO (Reuters) – Oil prices fell on Monday, ending three days of gains, on fears aggressive U.S. interest rate..

Australia’s Qantas apologises to customers for operational problems

Australia’s Qantas apologises to customers for operational problems

SYDNEY (Reuters) -Qantas Airways Ltd will offer A$50 ($34) vouchers, loyalty status extensions and lounge passes to frequent flyers to..

Germany, Canada to boost energy, mineral ties as they decarbonize

Germany, Canada to boost energy, mineral ties as they decarbonize

By Andreas Rinke and Steve Scherer MONTREAL (Reuters) -Russia’s invasion of Ukraine is bringing Canada and Germany closer togeth..

Nord Stream 1 pipeline to shut for three days, increasing pressure on Europe

Nord Stream 1 pipeline to shut for three days, increasing pressure on Europe

By Christoph Steitz and Thomas Escritt FRANKFURT/BERLIN (Reuters) -Russia will halt gas supplies to Europe for three days at the end o..

Sudden crypto drop sends bitcoin to three-week low

Sudden crypto drop sends bitcoin to three-week low

By Tom Westbrook and Hannah Lang SINGAPORE/WASHINGTON (Reuters) -Cryptocurrencies fell sharply on Friday, with sudden selling dragging..

Oil prices rise about $1/bbl on prospect of subdued U.S. rate hikes

Oil prices rise about $1/bbl on prospect of subdued U.S. rate hikes

By Laila Kearney NEW YORK (Reuters) -Oil prices rose about $1 a barrel on Friday after the U.S. Federal Reserve signalled a more subdu..

Cineworld shares slump on report Regal-owner is preparing bankruptcy filing

Cineworld shares slump on report Regal-owner is preparing bankruptcy filing

(Reuters) -Cineworld Group, the world’s second largest cinema chain operator, is preparing to file for bankruptcy, the Wall Stre..