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Oil rises 2% as some tankers avoid Red Sea after strikes
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JPMorgan’s annual profit surges to record even as Q4 net income dips
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UK could beat US and euro zone to sub-2% inflation – Capital
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Oil gains after US, UK strike on Houthis; U.S. yields ease after PPI
US FAA to boost oversight of Boeing, sees more manufacturing issues
Date: January 12, 2024
US FAA to boost oversight of Boeing, sees more manufacturing issues By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Aviation Administration said on Friday it will intensify oversight of Boeing after a panel broke off a new jet in mid-flight, and the agency’s chief Mike Whitaker sees “other manufacturing problems” at the largest U.S. planemaker....
Dollar dips after soft US inflation data, Aussie, New Zealand dollars outperform
Date: January 12, 2024
Dollar dips after soft US inflation data, Aussie, New Zealand dollars outperform By Karen Brettell NEW YORK (Reuters) – The dollar index gave up earlier gains and higher beta currencies, including the New Zealand and Australian dollars, outperformed on Friday after U.S. producer prices unexpectedly fell in December, raising expectations of an early U.S. rate...
St Peter’s centrepiece to get makeover in time for 2025 Holy Year
Date: January 11, 2024
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 more than 260 years to restore its lustre in time for Holy Year celebrations in 2025, the Vatican said on Thursday....
Tesco raises profit outlook again after strong Christmas sales
Date: January 11, 2024
Tesco raises profit outlook again after strong Christmas sales By James Davey LONDON (Reuters) -Tesco, Britain’s biggest retailer, upgraded its profit outlook for the second time in four months as it reported a better-than-expected rise in underlying UK sales for the key Christmas trading period, buoyed by demand for fresh food. Shares in the supermarket...
EU lawmakers consider stronger plastic pollution law after spill hits Spain
Date: January 11, 2024
EU lawmakers consider stronger plastic pollution law after spill hits Spain By Kate Abnett BRUSSELS (Reuters) – Some European Union lawmakers are pushing to strengthen a planned law on microplastics pollution, after millions of plastic pellets washed up on the coast of Spain’s northwestern Galicia region. Tiny plastic pellets are used to manufacture everyday items...
UK to make Big Tech give rivals access to data under new plans
Date: January 11, 2024
UK to make Big Tech give rivals access to data under new plans LONDON (Reuters) – Britain’s competition regulator plans to make big tech companies give their rivals greater access to data and limit them from promoting their own products under new powers it is due to receive from the government, it said on Thursday....