Finance

Fed rates up, BoE up, ECB up, stocks up

Fed rates up, BoE up, ECB up, stocks up

By Marc Jones LONDON (Reuters) – Higher stock markets showed the bulls were still firmly in charge on Thursday as the European C..

Dollar falls to nine-month low as Powell notes progress in disinflation

Dollar falls to nine-month low as Powell notes progress in disinflation

By Karen Brettell NEW YORK (Reuters) – The dollar extended losses on Wednesday and fell to a nine-month low against a basket of ..

Investors go back to basics with simpler self-driving vehicles

Investors go back to basics with simpler self-driving vehicles

By Nick Carey and Paul Lienert COVENTRY, England (Reuters) – Developing fully autonomous vehicles (AVs) that can go everywhere h..

UK shop price inflation hits record 8% in January: BRC

UK shop price inflation hits record 8% in January: BRC

By David Milliken LONDON (Reuters) – Prices in British shops in January were 8.0% higher than a year before, the biggest annual ..

Salaries fall despite cost-of-living crisis

Salaries fall despite cost-of-living crisis

  Data suggests UK businesses feeling the pinch, but firms’ competitive standing could be at risk Employers are feeling the pinc..

Shares and bonds nervy as rate-hike week looms

Shares and bonds nervy as rate-hike week looms

By Lawrence White LONDON (Reuters) – Stock markets worldwide halted their January rally on Monday, pausing for breath at the sta..

Stocks, dollar gain on resilient U.S. economy

Stocks, dollar gain on resilient U.S. economy

By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – A gauge of global stock performance rose and the dollar strengthened o..

Bank of England set to hike to 4% as rate peak looms

Bank of England set to hike to 4% as rate peak looms

By David Milliken LONDON (Reuters) – The Bank of England looks on course to raise its main interest rate by half a percentage po..

German inflation rate to ease over course of 2023 – econ minister

German inflation rate to ease over course of 2023 – econ minister

BERLIN (Reuters) – German inflation will remain high at the beginning of 2023 before easing over the course of the year, Economy..

Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles

Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles

By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla Inc’s aggressive price cuts have ignited demand for its electric vehicle..