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Image for Factbox-German cabinet approves savings plans for 2024 budget

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Factbox-German cabinet approves savings plans for 2024 budget

Image for Poland orders to halt logging in 10 oldest forest areas

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Poland orders to halt logging in 10 oldest forest areas

Image for No money? Next UK government’s budget is hostage to economy

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No money? Next UK government’s budget is hostage to economy

Image for Dollar edges lower, traders focus on data for Fed clues

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Dollar edges lower, traders focus on data for Fed clues

Image for Stocks, bond prices ease in see-saw session as investors mull ‘soft landing’

Stocks, bond prices ease in see-saw session as investors mull ‘soft landing’

Date: January 5, 2024

Stocks, bond prices ease in see-saw session as investors mull ‘soft landing’ By Herbert Lash and Naomi Rovnick NEW YORK/LONDON (Reuters) -Bond prices and a gauge of global equity performance eased in choppy trading on Friday after a surprisingly strong U.S. employment report increased the odds that the Federal Reserve can engineer a “soft landing”...

Image for Euro zone inflation jump cools case for ECB rate cuts

Euro zone inflation jump cools case for ECB rate cuts

Date: January 5, 2024

Euro zone inflation jump cools case for ECB rate cuts By Balazs Koranyi FRANKFURT (Reuters) -Euro zone inflation jumped as expected last month, supporting the European Central Bank’s case to keep interest rates at record highs for some time, even as markets continued to bet on a rapid fall in borrowing costs. Inflation across the...

Image for Shipping stocks rise, biggest gainers in Europe at start of 2024

Shipping stocks rise, biggest gainers in Europe at start of 2024

Date: January 5, 2024

Shipping stocks rise, biggest gainers in Europe at start of 2024 By Samuel Indyk LONDON (Reuters) – Shipping companies have been the best performing stocks in Europe since the start of 2024, and were set for their biggest weekly jump in years, as the re-routing of vessels following attacks in the Red Sea boosted freight...

Image for Spanish regions reintroduce mask wearing in medical centres amid flu spike

Spanish regions reintroduce mask wearing in medical centres amid flu spike

Date: January 5, 2024

Spanish regions reintroduce mask wearing in medical centres amid flu spike MADRID (Reuters) – Five Spanish regions have announced the reintroduction of rules making the use of face masks compulsory in health facilities following a spike in flu and COVID-19 cases over the festive season. The region of Valencia saw its rate of respiratory infections...

Image for Walgreens slashes dividend even as Q1 profit beats estimates

Walgreens slashes dividend even as Q1 profit beats estimates

Date: January 4, 2024

Walgreens slashes dividend even as Q1 profit beats estimates (Reuters) -U.S. pharmacy chain Walgreens Boots Alliance on Thursday nearly halved its dividend to save more money, even as the company’s cost-cut measures helped it report better-than-expected quarterly profit. Higher drug prices also boosted the pharmacy operations of the company that has been grappling with fierce...

Image for German travel industry expects higher revenues, fewer travellers in 2024

German travel industry expects higher revenues, fewer travellers in 2024

Date: January 4, 2024

German travel industry expects higher revenues, fewer travellers in 2024 (Reuters) – Sustained demand will boost revenues for the German travel industry this year, but the number of travellers is likely to be lower than in 2023 as people respond to inflation, German travel body DRV said on Thursday. Revenues for holiday and private travel...