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UBS investigates undisclosed Nazi-linked accounts at Credit Suisse

UBS investigates undisclosed Nazi-linked accounts at Credit Suisse

By Gnaneshwar Rajan and Surbhi Misra (Reuters) – Swiss bank UBS is working with an independent ombudsman to shed light on Nazi-l..

Global equity fund inflows drop on higher US bond yields

Global equity fund inflows drop on higher US bond yields

(Reuters) – Demand for global equity funds shrank in the week through Jan. 1, as higher U.S. Treasury yields led to caution and ..

Polish power-grid operator plans $15.4-billion investment by 2034

Polish power-grid operator plans $15.4-billion investment by 2034

WARSAW (Reuters) –     Polish power-grid operator PSE said on Thursday its transmission network development plan for 2025-2034 a..

Tullow Oil jumps after being exempt from $320 million tax

Tullow Oil jumps after being exempt from $320 million tax

(Reuters) –     Shares of Tullow Oil jumped over 14% on Friday after the West Africa-focused company was exempted from a $320 mi..

German unemployment rises less than expected in December, labour office says

German unemployment rises less than expected in December, labour office says

By Maria Martinez BERLIN (Reuters) -The number of people out of work in Germany rose less than expected in December, federal labour of..

Tesla’s China sales rise to record high in 2024, bucking global decline

Tesla’s China sales rise to record high in 2024, bucking global decline

BEIJING (Reuters) -U.S. electric vehicle maker Tesla said on Friday its China sales rose 8.8% to a record high of more than 657,000 ca..

UK lawmakers summon Shein and Temu for questioning over labour practices

UK lawmakers summon Shein and Temu for questioning over labour practices

By Helen Reid and James Davey LONDON (Reuters) – Fast-fashion online retailer Shein, which is hoping to list in London, faces a ..

Trouble in China’s shopping paradise as Hainan duty-free spending tumbles

Trouble in China’s shopping paradise as Hainan duty-free spending tumbles

BEIJING (Reuters) -Duty-free spending slumped 29.3% last year in China’s island province of Hainan, where global luxury players ..

Morning Bid: As stocks waver, dollar remains the surest bet

Morning Bid: As stocks waver, dollar remains the surest bet

While stock markets shrugged off the dim start to 2025, the higher-for-longer U.S. rates theme has left the dollar’s dominance i..

World food price index eases in Dec, pushed lower by sugar

World food price index eases in Dec, pushed lower by sugar

ROME (Reuters) – The United Nations’ world food price index dipped in December against November levels, led lower by a dro..