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European governments spend half a trillion euros on energy crisis – report

European governments spend half a trillion euros on energy crisis – report

By Kate Abnett BRUSSELS (Reuters) – Governments in Europe have earmarked nearly 500 billion euros in the last year to cushion ci..

Putin speech sends sterling to fresh 37-year low ahead of Fed, BoE meetings

Putin speech sends sterling to fresh 37-year low ahead of Fed, BoE meetings

By Lucy Raitano LONDON (Reuters) – The pound touched a new 37-year low against the dollar on Wednesday after Russian President V..

Factbox-Reaction to UK’s energy support package for businesses

Factbox-Reaction to UK’s energy support package for businesses

LONDON (Reuters) – Britain on Wednesday set out a support package for businesses to deal with soaring energy bills going into th..

U.S. expects more banks will cut off Russian payment system Mir – senior official

U.S. expects more banks will cut off Russian payment system Mir – senior official

WASHINGTON (Reuters) – Steps that Turkish lenders Isbank and Denizbank took to suspend the use of Russian payment system Mir mak..

Big bank CEOs to sell lawmakers on relief, diversity efforts amid economic, regulatory challenges

Big bank CEOs to sell lawmakers on relief, diversity efforts amid economic, regulatory challenges

By Pete Schroeder WASHINGTON (Reuters) -JPMorgan Chase & Co Chief Executive Jamie Dimon will warn Congress of economic “stor..

ECB’s Lagarde raises prospect of rate hikes beyond neutral level

ECB’s Lagarde raises prospect of rate hikes beyond neutral level

FRANKFURT (Reuters) -The European Central Bank may need to raise interest rates to a level that restricts economic growth in order to ..

YouTube in challenge to TikTok to give Shorts creators 45% of ad sales

YouTube in challenge to TikTok to give Shorts creators 45% of ad sales

By Dawn Chmielewski and Paresh Dave LOS ANGELES (Reuters) -YouTube unveiled a new way for creators to make money on short-form video, ..

Investment banks’ trading revenue likely to shrink, Barclays boss says

Investment banks’ trading revenue likely to shrink, Barclays boss says

By Sinead Cruise and Iain Withers LONDON (Reuters) – Investment banks are likely to be hit by a dip in trading revenue next year..

Elon Musk faces skeptics as Tesla gets ready to unveil ‘Optimus’ robot

Elon Musk faces skeptics as Tesla gets ready to unveil ‘Optimus’ robot

By Hyunjoo Jin SAN FRANCISCO (Reuters) -Tesla Chief Executive Elon Musk blamed overreliance on factory robots for sending the electric..

IKEA’s restaurants has more than halved food waste since 2017

IKEA’s restaurants has more than halved food waste since 2017

STOCKHOLM (Reuters) – IKEA, which as well as being the largest furniture brand also runs one of the world’s biggest restau..