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 2023-02-06 11:55 

FX Empire

Goldman Sachs to invest over $1 billion in Europe biomethane venture...

By Virginia Furness LONDON (Reuters) Goldman Sachs Asset Management said on Monday it had launched a biomethane business called Verdalia Bioenergy and aimed to invest more than 1 billion euros ($1.08 billion) in Europe over the next four years....

 2023-02-06 11:53 

FX Empire

Turkey quake kills 912 in historic disaster, Erdogan says...

ANKARA (Reuters) At least 912 people were killed and more than 5,000 injured when a magnitude-7.8 earthquake struck southern Turkey overnight, President Tayyip Erdogan said on Monday, calling it a historic disaster for which the death toll is likely to ri...

 2023-02-06 11:53 

FX Empire

Abbvie plans to lift $2 billion cap on deals WSJ...

(Reuters) Abbvie will lift a self-imposed $2 billion limit on acquisitions and mergers placed following a $63 billion deal for Botox maker Allergan in 2020 that shot up its debt, the company's chief executive officer told the Wall Street Journal....

 2023-02-06 11:38 

FX Empire

Analysis-Despite stupendous win on Adani, India short-selling boom unlikely...

By Anshuman Daga, Scott Murdoch and Svea Herbst-Bayliss...

 2023-02-06 11:38 

FX Empire

Norway plans $7 billion in aid to Ukraine over five years...

By Gwladys Fouche OSLO (Reuters) Norway's prime minister proposed on Monday that his country, a major petroleum exporter, should provide some 75 billion Norwegian crowns ($7.3 billion) in aid to Ukraine over five years....

 2023-02-06 11:23 

FX Empire

Drug companies face COVID cliff in 2023 as sales set to plummet...

By Michael Erman and Patrick Wingrove NEW YORK (Reuters) Pharmaceutical companies that made billions from the pandemic over the past two years selling vaccines and treatments are now up against a steep COVID cliff and investor pressure to spend their wind...

 2023-02-06 11:23 

FX Empire

U.S. farmers plan to go 'heavy on corn' in 2023 despite risks...

By Mark Weinraub CHICAGO (Reuters) U.S. farmers are planning to boost corn acreage in 2023, eyeing lower prices of fertilizer needed to grow the crop and hoping for a bumper crop after a late season drought withered last year's grain harvest and left ...

 2023-02-06 11:23 

FX Empire

Dell to lay off 5% of workforce amid PC slump...

(Reuters) Dell Technologies Inc said on Monday it would lay off about 5% of its workforce as it struggles with a slump in the personal computer market and braces for a potential recession....

 2023-02-06 11:23 

FX Empire

Hong Kong court makes landmark ruling protecting transgender rights...

By Jessie Pang HONG KONG (Reuters) Hong Kong's top court on Monday ruled that the policy of barring transgender people from changing their gender shown on ID cards unless they undergo full sex reassignment surgery violates their rights and is unconsti...

 2023-02-06 11:23 

FX Empire

Faraday Future shares soar on securing funding to start EV production...

(Reuters) Shares of Faraday Future Intelligent Electric Inc soared about 28% in premarket trading on Monday after the company said it had raised enough funds to start production of its electric luxury car FF 91 Futurist in March....

 2023-02-06 11:11 

FX Empire

Chevron in talks with Algeria for energy exploration deal WSJ...

(Reuters) Chevron Corp has opened talks with Algeria to allow the U.S. oil firm to undertake energy exploration in the North African country, the Wall Street Journal reported on Monday....

 2023-02-06 11:08 

FX Empire

Marketmind: Bursting bubbles...

By Alun John LONDON (Reuters) A look at the day ahead in U.S. and global markets from Alun John....

 2023-02-06 11:08 

FX Empire

Earthquake piles misery on war-ravaged Syrians in wintry north...

JANDARIS, Syria (Reuters) Wailing children, flattened buildings and hospitals full of bodies a devastating earthquake on Monday looked painfully familiar for Syrian families and rescuers worn down by nearly 12 years of bombardment and displacement....

 2023-02-06 11:08 

FX Empire

Factbox: Key winners at music industry's 2023 Grammy Awards...

By Danielle Broadway LOS ANGELES (Reuters) The biggest names in the music industry gathered in Los Angeles on Sunday for the 65th annual Grammy Awards ceremony....

 2023-02-06 11:08 

FX Empire

FTX judge weighs demand for independent bankruptcy investigation...

By Dietrich Knauth (Reuters) A U.S. bankruptcy judge at a court hearing in Delaware will consider on Monday whether to greenlight a court-supervised investigation into the collapse of FTX, a course of action that the crypto exchange has opposed as redunda...

 2023-02-06 11:08 

FX Empire

Futures fall with eyes on earnings...

(Reuters) U.S. stock index futures fell on Monday as investors await more corporate results this week and a crucial speech by U.S. Federal Reserve Chairman Jerome Powell to assess the path of future interest rate hikes by the central bank....

 2023-02-06 10:52 

FX Empire

Earthquake hits Syrian capital Damascus state media...

AMMAN (Reuters) An earthquake hit the Syrian capital Damascus on Monday, state media reported....

 2023-02-06 10:51 

FX Empire

Iraq to discuss with U.S. how to pay Russian energy firms, Iraqi foreign minister says...

BAGHDAD (Reuters) Iraq will discuss with Washington this week how to pay dues owed to Russian oil companies despite sanctions, Foreign Minister Fuad Hussein said on Monday....

 2023-02-06 10:37 

FX Empire

Meta can be sued in Kenya by ex-content moderator, the country's court rules...

NAIROBI (Reuters) A labour court in Kenya ruled on Monday that Meta, the parent company of Facebook, can be sued in the East African country after a former content moderator filed a lawsuit against it alleging poor working conditions....

 2023-02-06 10:29 

FX Empire

Africa's Stressed Economies Need Policy Adjustment, International Support...

African economies' recoveries are under continued pressure amid a range of external and internal shocks, underlying the need for renewed policy adjustments and better crafted international assistance....

 2023-02-06 10:23 

FX Empire

Ukraine's defence ministry in turmoil at key point in war...

By Tom Balmforth and Pavel Polityuk KYIV (Reuters) Ukraine sent mixed messages over the fate of its defence minister on Monday, leaving a key post in its war effort in doubt even as it braces for a new Russian offensive....

 2023-02-06 10:14 

FX Empire

Eurozone Retail Sales Disappoint to Test Market Optimism...

Eurozone retail sales figures came in weaker-than-expected in December. However, the numbers are unlikely to deter the ECB from its policy goals....

 2023-02-06 10:08 

FX Empire

Copper maker Aurubis leads European stocks lower; rate jitters persist...

By Ankika Biswas (Reuters) European shares fell on Monday, led by losses in the continent's largest copper producer, Aurubis AG, while fears that the global rate-hiking cycle may persist for longer kept investors on edge....

 2023-02-06 10:07 

FX Empire

Czech car producers power industrial growth in 2022 to pre-pandemic levels...

PRAGUE (Reuters) Czech industrial output returned to pre-pandemic levels in 2022, growing 1.7%, data showed, mainly due to car production, which is likely to struggle this year from supply-chain bottlenecks....

 2023-02-06 10:00 

FX Empire

North Korean balloon briefly spotted over South Korea, Seoul says...

By Josh Smith SEOUL (Reuters) South Korea's military said on Monday it had tracked a North Korean balloon over its territory, but determined it did not pose a threat....

 2023-02-06 09:53 

FX Empire

Factbox-Turkey quake: international support and offers of aid...

(Reuters) Governments and international organisations have responded with offers of support after an earthquake of magnitude 7.8 struck central Turkey and northwest Syria. Hundreds of people have been killed....

 2023-02-06 09:53 

FX Empire

Putin says Russia ready to help Syria and Turkey after major quake...

By Guy Faulconbridge MOSCOW (Reuters) President Vladimir Putin offered Russian assistance on Monday to Syria and Turkey after a major earthquake of magnitude 7.8 killed more than 500 people and injured thousands in the two countries....

 2023-02-06 09:53 

FX Empire

New look CBDCs and cryptomarket to emerge from turmoil, top BIS official says...

By Marc Jones LONDON (Reuters) Cryptomarkets have not been killed off by last year's turmoil, while the new wave of central bank digital currencies will face geopolitical limits, the Bank for International Settlements' new innovation head has pred...

 2023-02-06 09:53 

FX Empire

Euro zone investor morale rises for fourth month in a row...

BERLIN (Reuters) Investor morale in the euro zone improved for the fourth month in a row in February to reach its highest level since March 2022, but remained in negative territory as the possibility of a stagnant economy comes into focus, a survey showed...

 2023-02-06 09:38 

FX Empire

UK construction slips to near 3-year low but confidence rises PMI...

By William Schomberg LONDON (Reuters) Britain's construction sector had its worst month in almost three years in January as rising borrowing costs hit house-building hard but builders turned more confident about the outlook for 2023, a survey showed o...

 2023-02-06 09:38 

FX Empire

Factbox: Renault, Nissan detail joint projects to revive alliance...

LONDON (Reuters) Nissan and Renault on Monday unveiled details of their redesigned alliance, with the Japanese car maker committing to buy a stake of up to 15% in Renault's electric vehicles unit Ampere....

 2023-02-06 09:23 

FX Empire

Bank of England's Mann doubles down on backing for rate hikes...

By Gergely Szakacs BUDAPEST (Reuters) Bank of England rate-setter Catherine Mann on Monday backed further increases in interest rates and warned that pausing, as some of her colleagues advocate, risked a confusing "policy boogie" if it turned out ...

 2023-02-06 09:23 

FX Empire

Timeline: Major deadly earthquakes in the past two decades...

(Reuters) Some of the world's most deadly earthquakes in the past two decades are listed below, after a 7.8 magnitude quake struck central Turkey and northwest Syria on Monday and killed hundreds of people....

 2023-02-06 09:23 

FX Empire

How China's balloon over America steered its way into spying history...

By Phil Stewart and Jeff Mason WASHINGTON (Reuters) When China's suspected surveillance balloon first passed into U.S. airspace north of Alaska's Aleutian Islands on Jan. 28, American officials believed there was a good chance it would keep travel...

 2023-02-06 09:23 

FX Empire

Philippines coast guard chief says boosts South China Sea presence...

By Karen Lema MANILA (Reuters) The Philippine Coast Guard has stepped up its presence in the disputed South China Sea by deploying additional vessels and conducting more sorties and overflights to protect maritime territory and the country's fishermen...

 2023-02-06 09:23 

FX Empire

Exclusive-Huge chunk of plants, animals in U.S. at risk of extinction -report...

By Brad Brooks (Reuters) A leading conservation research group found that 40% of animals and 34% of plants in the United States are at risk of extinction, while 41% of ecosystems are facing collapse....

 2023-02-06 09:08 

FX Empire

Factbox-The candidates contesting Nigeria's presidential election...

LAGOS (Reuters) Nigeria will elect a new president on Feb. 25 to take over from Muhammadu Buhari in a contest pitting the old guard against a third-party candidate seeking to upset the established political order....

 2023-02-06 08:53 

FX Empire

China willing to restart trade exchange mechanism with Australia after talks...

BEIJING (Reuters) China's commerce minister Wang Wentao said talks held on Monday with Australian counterpart Don Farrell were a key step toward bringing bilateral economic and trade ties back on track, with relations improving after being strained in...

 2023-02-06 08:38 

FX Empire

Russia ready to meet India's oil needs at 'market price', Rosneft says...

BENGALURU, India (Reuters) Russia was willing to meet India's oil needs at 'market price', the CEO of top Russian oil major told Reuters on Monday....

 2023-02-06 08:23 

FX Empire

Snowstorm shuts schools and shops, disrupts traffic in Athens...

ATHENS (Reuters) Heavy snowfall and plummeting temperatures shut schools and shops in the Greek capital on Monday, with many public services and businesses switching to remote working....

 2023-02-06 07:53 

FX Empire

Nissan to buy up to 15% stake in Renault EV unit under reshaped alliance...

PARIS (Reuters) Nissan and Renault on Monday unveiled details of their redesigned alliance, with the Japanese car maker committing to buy a stake of up to 15% in Renault's electric vehicles unit Ampere....

 2023-02-06 07:38 

FX Empire

Hong Kong sees influx of Chinese visitors as borders reopen fully...

By 2023:binary_RC2A5Z9J401H-BASEIMAGE?action=download&mediatype=picture&mex_media_type=picture&token=%22lpmC%2ByaQ4%2BRkhMQGv03eqQHx3e3u9P9SyfbfQ%2BHdRaQ%3D%22 http://content.reuters.com/auth-server/content/tag:reuters.com,2023:newsml_RC2A5Z9J401H:4090035...

 2023-02-06 07:38 

FX Empire

German industrial orders rise by 3.2% in December...

BERLIN (Reuters) German industrial orders rose in December, increasing by 3.2% on the month on a seasonally and calendar adjusted basis, the federal statistics office said on Monday....

 2023-02-06 07:25 

FX Empire

Dell to slash about 6,650 jobs -Bloomberg News...

(Reuters) Dell Technologies Inc will eliminate about 6,650 jobs, or about 5% of its global workforce, Bloomberg news reported on Monday....

 2023-02-06 07:23 

FX Empire

Germany's Habeck optimistic that EU and U.S. can reduce trade tension...

BERLIN (Reuters) German Economy Minister Robert Habeck expressed optimism before departing on a trip to the United States on Monday that a European Union trade dispute with Washington can be resolved soon....

 2023-02-06 07:23 

FX Empire

India's central bank widely seen delivering final 25 bps hike...

By Swati Bhat MUMBAI (Reuters) India's central bank is widely expected to raise its policy interest rate by a quarter percentage point to mark its final increase in the current tightening cycle on Wednesday before pausing to assess the impact of its h...

 2023-02-06 07:23 

FX Empire

Pope says Church conservatives exploited death of ex-pope Benedict...

By Philip Pullella ABOARD THE PAPAL PLANE (Reuters) Pope Francis has said some in the conservative wing of the Roman Catholic Church had exploited the death of the former pope, Benedict, in an unethical way for their own gains....

 2023-02-06 06:53 

FX Empire

Analysis-Dollar's gyrations raise hedging costs for U.S. companies...

By Laura Matthews NEW YORK (Reuters) Wild swings in global currencies hammered corporate earnings in the past year, and while forex markets have gotten less choppy, some companies are seeking ways to guard profits and lower hedging costs....

 2023-02-06 06:53 

FX Empire

Nissan board also approved planned restructuring deal with Renault source...

PARIS (Reuters) The board of Nissan has also voted in favour of reshaping its alliance with French carmaker Renault, a source said on Monday....

 2023-02-06 06:46 

FX Empire

US Mortgage Rates Fall for a Fourth Week on Fed Chair Powell Guidance...

US mortgage rates continued to declined, with the outlook looking rosier for the US housing sector looking rosier as affordability conditions improve....

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