By Maria Martinez BERLIN (Reuters) – For Eva Henschke, Germany’s Christmas markets are a chance to temporarily forget about the colder, darker days with a hot mug of mulled wine or eggnog and a bratwurst off the grill. But more so than in years past, she has had to keep a careful eye on costs …
German Christmas markets get creative as prices hit new highs Read More »
By James Davey LONDON (Reuters) -Major British retailer Frasers said it felt “kicked in the face” by the government’s tax hiking budget, blaming it for a drop in consumer confidence that forced a cut to annual profit guidance. Shares in Frasers, formerly called Sports Direct and majority owned by Mike Ashley, plunged 12% on Thursday …
‘Kicked in the face’: Frasers blames UK budget for profit downgrade Read More »
By Jessica DiNapoli and Richa Naidu NEW YORK (Reuters) – Procter & Gamble has overhauled its supply chain for the tiny, extra-thin strips of stainless steel in its Gillette razors to source from India, a move expected to help protect its margins from any tariffs U.S. President-Elect Donald Trump may impose. The stainless steel the …
Exclusive-As tariffs loom, Gillette-razor maker P&G sourcing more steel from India Read More »
By Promit Mukherjee OTTAWA (Reuters) – Canada’s fiscal targets over the next few years will be tougher to achieve as a promised Christmas handout last month by Prime Minister Justin Trudeau amplifies the impact of falling growth from immigration curbs. Combined with other pressures such as a commitment to increase defense spending, the United States …
Analysis-Canada Christmas stimulus, immigration curbs cast more doubt on fiscal targets Read More »
(Reuters) – A look at the day ahead in U.S. and global markets by Amanda Cooper. It’s been exactly a month since the U.S. presidential election delivered victory for Republican Donald Trump and his proposed “America First” agenda. Markets have been driven in large part by the so-called “Trump trade” for the past couple of …
(Reuters) -New battery electric vehicle (BEV) sales in UK rose 58% in November, marking the eleventh straight month of growth, industry data showed, driven by deep discounts to meet government-mandated levels. However, overall new car sales for the month fell 1.9% from a year ago to 153,610 units, due to waning demand among private buyers, …
UK electric vehicle sales surge 58% YOY in Nov, industry data shows Read More »
(Reuters) – Spanish airport operator Aena’s fees for 2025 will be unchanged, competition watchdog CNMC said on Thursday, rejecting the company’s bid for an increase. The CNMC said the adjusted annual maximum revenue per passenger would stay at 10.35 euros ($10.90). Aena had proposed an increase of 0.05 euros per passenger for 2025, approved by …
Spanish antitrust watchdog freezes fees at Aena airports for 2025 Read More »
BEIJING (Reuters) – China’s President Xi Jinping stressed the need to enforce discipline and fight corruption in the military, as well as boost information warfare capabilities, state broadcaster CCTV said on Thursday. Since last year, China’s military has undergone a sweeping anti-corruption purge, with at least nine People’s Liberation Army (PLA) generals and a handful …
China’s Xi stresses need to fight graft in military Read More »
(This Dec. 3 story has been officially corrected to remove reference to ’emergency break’, after European Parliament amended its press release, in paragraph 7) BRUSSELS (Reuters) – Negotiators for EU institutions agreed a compromise on Tuesday on a ban on the import of commodities linked to deforestation, which will be delayed by a year but …
EU delays deforestation ban but discards changes Read More »
HANOI (Reuters) – The United States will provide $12.5 million to Vietnam to enhance its maritime law enforcement capabilities and combat illegal fishing, the U.S. embassy in Hanoi said on Thursday. The assistance package includes support for Vietnamese maritime law enforcement agencies, the donation of small boats and the development of training facilities, it said. …
US to donate small boats to Vietnam to boost maritime law enforcement Read More »
