By Pavel Polityuk KYIV (Reuters) – Ukrainian and Russian troops battled in eastern regions on Thursday as Kyiv tried to push back occupying forces, while President Volodymyr Zelenskiy urged the West to provide his army with heavy tanks to boost their firepower. The Ukrainian military said the Russians were focused on an offensive in the …
Ukraine pleads with allies to send tanks as fighting grinds on in east Read More »
By Ece Toksabay ANKARA (Reuters) -Turkey’s top court narrowly ruled in favour of freezing pro-Kurdish Peoples’ Democratic Party (HDP) bank accounts holding Treasury aid on Thursday while it hears a case on shutting down the party over alleged ties to militants, state media said. The move against the HDP, the third-biggest party in parliament, comes …
Turkish top court freezes pro-Kurdish party funds as elections loom Read More »
By Nerijus Adomaitis and Christoph Steitz OSLO (Reuters) -Equinor and RWE said on Thursday they plan to develop a supply chain for low-carbon hydrogen, allowing Germany to cut its reliance on coal power and thus its CO2 emissions. The two companies plan to build power plants in Germany that will initially be fuelled by natural …
Equinor and RWE to build hydrogen supply chain for German power plants Read More »
WASHINGTON (Reuters) – U.S. private payrolls increased more than expected in December, pointing to still-strong demand for labor despite higher interest rates. Private employment increased by 235,000 jobs last month, the ADP National Employment report showed on Thursday. Data for November was unrevised to show 127,000 jobs added. Economists polled by Reuters had forecast private …
U.S. private payrolls beat expectations in December – ADP Read More »
By Joyce Lee SEOUL (Reuters) – Samsung Electronics Co Ltd’s quarterly profit will likely plunge 58% to its lowest in six years as a global economic downturn saps demand for electronic devices and clouds the outlook for the memory chip industry. With consumers and businesses reducing spending and investment in the face of high inflation …
Samsung’s quarterly profit set to hit 6-year low as consumers hunker down Read More »
SHANGHAI (Reuters) – China’s decision to end a more than decade-long subsidy for electric vehicle purchases has forced automakers, including Tesla, to deepen discounts to maintain sales as demand eases in the world’s largest market. The government originally planned to phase out the support scheme for EV makers and battery suppliers by the end of …
Tesla, EV rivals absorb costs after China pulls plug on subsidy Read More »
By Chiara Elisei (Reuters) – A new bond being sold by Credit Suisse on Thursday met with strong demand from investors, a lead memo seen by Reuters showed, in a positive sign for the embattled Swiss bank. Orders for a new sterling, senior unsecured bond, maturing in March 2026, were at over 875 million pounds …
Credit Suisse seeing strong demand for new sterling-denominated bond Read More »
By James Davey and Sarah Young LONDON (Reuters) -Britons spent more than expected over Christmas, Next, one of the country’s biggest clothing retailers, said on Thursday in a sign that resilient shoppers helped the sector dodge a cost-of-living crisis that threatened to hit festive sales. But a slowdown looms this year, said Next warning that …
British shoppers defy cost-of-living crisis at Christmas Read More »
By Elizabeth Piper and Andy Bruce LONDON (Reuters) – Prime Minister Rishi Sunak promised on Wednesday to tackle Britain’s most serious problems, from cutting inflation to reducing illegal migration, in a speech aimed at convincing his restive lawmakers he can lead them into the next election. In a speech that was high on ambition but …
Five promises: PM Sunak vows to tackle Britain’s most serious problems Read More »
LONDON (Reuters) – Health and beauty products retailer Boots UK said on Thursday its December retail sales were up around 15% year-on-year. The British arm of U.S. listed Walgreens Boots Alliance Inc, said key categories including gifting, beauty and fragrance performed “extremely well” in the Christmas period. It also highlighted an uptick in sales of …
Boots UK says December retail sales up 15% year-on-year Read More »
