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Image for German coalition parties at loggerheads as budget crisis grows

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German coalition parties at loggerheads as budget crisis grows

Image for US FTC tries again to stop Microsoft’s already-closed deal for Activision

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US FTC tries again to stop Microsoft’s already-closed deal for Activision

Image for Moody’s cuts China credit outlook, citing lower growth, property risks

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Moody’s cuts China credit outlook, citing lower growth, property risks

Image for Explainer-What new OPEC+ oil output cuts are in place after Thursday deal

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Explainer-What new OPEC+ oil output cuts are in place after Thursday deal

Image for Analysis-Schnabel reconciles ECB with markets – until next fight

Analysis-Schnabel reconciles ECB with markets – until next fight

Date: December 5, 2023

Analysis-Schnabel reconciles ECB with markets – until next fight By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s leading hawk Isabel Schnabel has reconciled her institution with investors who have long bet the ECB is finished raising interest rates, but a new tug of war, on the exact timing of the...

Image for Dollar steady after key jobs data comes in below estimates

Dollar steady after key jobs data comes in below estimates

Date: December 5, 2023

Dollar steady after key jobs data comes in below estimates By Hannah Lang and Amanda Cooper WASHINGTON/LONDON (Reuters) -The U.S. dollar stood near a one-week high against a basket of currencies on Tuesday, after fresh employment data showed that U.S. job openings dropped in October to the lowest level since early 2021. Job openings, a...

Image for COP28 focus on health draws $777 million to fight tropical disease

COP28 focus on health draws $777 million to fight tropical disease

Date: December 5, 2023

COP28 focus on health draws $777 million to fight tropical disease By Gloria Dickie, Elizabeth Piper and Alexander Cornwell DUBAI (Reuters) -The United Arab Emirates and several charities at the U.N. climate summit on Sunday offered $777 million in financing for eradicating neglected tropical diseases that are expected to worsen as temperatures climb. Climate-related factors...

Image for Euro zone yields fall, stock rally takes a breather

Euro zone yields fall, stock rally takes a breather

Date: December 5, 2023

Euro zone yields fall, stock rally takes a breather By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) -Germany’s 10-year government bond yield dropped to its lowest in six months on Tuesday and world shares paused around four-month highs as traders upped bets on European Central Bank rate cuts early in 2024 and grappled with the...

Image for Sterling close to 3-month high versus euro as markets bet on ECB rate cuts

Sterling close to 3-month high versus euro as markets bet on ECB rate cuts

Date: December 5, 2023

Sterling close to 3-month high versus euro as markets bet on ECB rate cuts By Stefano Rebaudo (Reuters) – Sterling hovered around its highest levels in almost three months against the euro on Tuesday, as markets raised their bets on rate cuts by the European Central Bank, which widened their divergence with the Bank of...

Image for UK retailers see weak sales growth in November despite Black Friday deals

UK retailers see weak sales growth in November despite Black Friday deals

Date: December 5, 2023

UK retailers see weak sales growth in November despite Black Friday deals By Suban Abdulla LONDON (Reuters) -British retail sales growth remained sluggish in November despite Black Friday deals, as the ongoing cost-of-living squeeze prompted shoppers to rein in spending on non-essential items, the British Retail Consortium said on Tuesday. The subdued data and a...