By Luiza Ilie and Gergely Szakacs BUCHAREST (Reuters) – Romania’s 25 basis point rate hike on Tuesday may signal an…
Banks still need to learn lessons from 2022 crises – BoE says
By Iain Withers LONDON (Reuters) – Banks still need to improve their risk management and learn the lessons from various…
Amazon to widely launch ‘Buy with Prime’, says offering improved merchant sales
(Reuters) – Amazon.com Inc will widely roll out a feature by end-January that allows online merchants outside its platform to…
Goldman Sachs no longer expects recession in euro zone in 2023
(Reuters) -Goldman Sachs said on Tuesday it expects the euro zone economy to grow by 0.6% this year, compared with…
U.S. imports of containerized goods retreat to pre-pandemic level
LOS ANGELES (Reuters) – U.S. imports of goods in ocean shipping containers in December fell to levels approaching those last…
Amazon plans to shut three UK warehouses, impacting 1,200 jobs
LONDON (Reuters) – Amazon plans to shut three warehouses in Britain in a move that will impact 1,200 jobs, but…
Exclusive-Shell energy transition prompted talks to sell Norway business
By Ron Bousso LONDON (Reuters) – Shell held talks with Harbour Energy to sell its Norwegian oil and gas fields…
U.S. small-business sentiment skids to half-year low
(Reuters) – U.S. small-business confidence slid to a six-month low in December, according to a survey on Tuesday, which also…
Bumper green aluminium output is good news for carmakers, and climate
(This Dec. 17 story has been corrected to change the data in graphic “Abundant Supplies of Green Aluminium”) By Eric…
Carlyle buys majority stake in India’s VLCC for $300 million – sources
BENGALURU (Reuters) -Private-equity firm Carlyle Group has acquired a majority stake in Indian beauty care and wellness solutions provider VLCC…