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Euro zone business activity shrank in January as lockdowns hit services 1 Euro zone business activity shrank in January as lockdowns hit services 2
Business22 mins ago

Euro zone business activity shrank in January as lockdowns hit services

By Jonathan Cable LONDON (Reuters) – Economic activity in the euro zone shrank markedly in January as lockdown restrictions to...

Volkswagen's profit halves, but deliveries recovering 3 Volkswagen's profit halves, but deliveries recovering 4
Business57 mins ago

Volkswagen’s profit halves, but deliveries recovering

BERLIN (Reuters) – Volkswagen reported a nearly 50% drop in its 2020 adjusted operating profit on Friday but said car...

Muted recovery for UK retailers in December ends worst year on record 5 Muted recovery for UK retailers in December ends worst year on record 6
Business1 hour ago

Muted recovery for UK retailers in December ends worst year on record

By David Milliken and Andy Bruce LONDON (Reuters) – British retailers struggled to recover in December from a partial coronavirus...

Global chip shortage hits China's bitcoin mining sector 7 Global chip shortage hits China's bitcoin mining sector 8
Business1 hour ago

Global chip shortage hits China’s bitcoin mining sector

By Samuel Shen and Alun John SHANGHAI/HONG KONG (Reuters) – A global chip shortage is choking the production of machines...

Iran's oil exports rise 'significantly' despite sanctions, minister says 9 Iran's oil exports rise 'significantly' despite sanctions, minister says 10
Business2 hours ago

Iran’s oil exports rise ‘significantly’ despite sanctions, minister says

DUBAI/LONDON (Reuters) – Iran’s oil exports have climbed in recent months and its sales of petroleum products to foreign buyers...

Nissan to source more UK batteries as part of Brexit deal 'opportunity' 11 Nissan to source more UK batteries as part of Brexit deal 'opportunity' 12
Business2 hours ago

Nissan to source more UK batteries as part of Brexit deal ‘opportunity’

By Costas Pitas LONDON (Reuters) – Nissan will source more batteries from Britain to avoid tariffs on electric cars after...

Muted recovery for UK retailers in December ends worst year on record 13 Muted recovery for UK retailers in December ends worst year on record 14
Business2 hours ago

Muted recovery for UK retailers in December ends worst year on record

By David Milliken and Andy Bruce LONDON (Reuters) – British retailers struggled to recover in December from a partial coronavirus...