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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
Business2 hours 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
Business3 hours 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
Business3 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...
Global chip shortage hits China's bitcoin mining sector 7 Global chip shortage hits China's bitcoin mining sector 8
Business3 hours 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
Business4 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
Business4 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
Business4 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...
Chinese phone maker Honor partners with key chip suppliers after Huawei split 15 Chinese phone maker Honor partners with key chip suppliers after Huawei split 16
Business4 hours ago

Chinese phone maker Honor partners with key chip suppliers after Huawei split

By David Kirton SHENZHEN, China (Reuters) – Chinese budget phone maker Honor said on Friday it had signed partnerships with...
Oil down $1 as China COVID-19 cases trigger clampdowns 17 Oil down $1 as China COVID-19 cases trigger clampdowns 18
Business4 hours ago

Oil down $1 as China COVID-19 cases trigger clampdowns

By Noah Browning LONDON (Reuters) – Oil prices fell on Friday, retreating further from 11-month highs hit last week, weighed...
Stocks ease as gloomy data takes shine off U.S. stimulus hopes 19 Stocks ease as gloomy data takes shine off U.S. stimulus hopes 20
Business5 hours ago

Stocks ease as gloomy data takes shine off U.S. stimulus hopes

By Tom Arnold and Swati Pandey LONDON/SYDNEY (Reuters) – Global shares slipped off record highs on Friday as gloomy data...

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