Headlines

European shares end higher on China recovery optimism

European shares end higher on China recovery optimism

By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares closed a touch higher on Tuesday as China relaxing its COVID-1..

Oil hits 3-week high as China eases COVID curbs

Oil hits 3-week high as China eases COVID curbs

By Alex Lawler LONDON (Reuters) -Oil hit a three-week high on Tuesday as China’s latest easing of COVID-19 restrictions spurred ..

UK retailers see 40% jump in Boxing Day shoppers -Springboard

UK retailers see 40% jump in Boxing Day shoppers -Springboard

LONDON (Reuters) – UK retail destinations enjoyed an almost 40% rise in shopper numbers on Monday after the first Christmas in t..

German businesses expect only mild recession as disruptions ease

German businesses expect only mild recession as disruptions ease

BERLIN (Reuters) – German companies expect only a mild recession next year despite headwinds from the energy crisis, raw materia..

Oil prices rise as China eases COVID curbs, U.S. storm fuels supply worries

Oil prices rise as China eases COVID curbs, U.S. storm fuels supply worries

By Isabel Kua SINGAPORE (Reuters) -Oil prices rose to three-week highs on Tuesday as China’s latest easing of COVID-19 restricti..

Board of Russia’s AvtoVAZ approves $585 million in 2023 investment programme – RIA agency

Board of Russia’s AvtoVAZ approves $585 million in 2023 investment programme – RIA agency

(Reuters) – The board of directors of Russian top carmaker AvtoVAZ approved the firm’s 2023 investment programme for just ..

Stocks advance, U.S. dollar retreats as China drops quarantine rule

Stocks advance, U.S. dollar retreats as China drops quarantine rule

By Xie Yu HONG KONG (Reuters) – Stock markets gained while the U.S. dollar softened on Tuesday after China said it would drop it..

Belarus sentences in absentia former Olympian Herasimenia to 12 years in prison – BelTA

Belarus sentences in absentia former Olympian Herasimenia to 12 years in prison – BelTA

By Ronald Popeski and Lidia Kelly (Reuters) – A Minsk court sentenced in absentia former Olympic swimmer Aliaksandra Herasimenia..

Russia could hike rates in 2023 if inflation risks have big impact -cenbank

Russia could hike rates in 2023 if inflation risks have big impact -cenbank

MOSCOW (Reuters) – The Bank of Russia could raise interest rates in 2023 if inflationary risks such as labour shortages and impo..

Russia’s Sberbank urges Glencore to resolve dispute over oil bill

Russia’s Sberbank urges Glencore to resolve dispute over oil bill

MOSCOW (Reuters) -Sberbank on Monday accused Glencore of choosing not to foot a bill for oil supplied via the Russian lender, saying t..