LONDON (Reuters) -British online fashion retailer Boohoo said revenue fell 11% in its key Christmas trading period, hurt by delivery…
Marketmind: Turbulence
A look at the day ahead in European and global markets from Tom Westbrook The December snowstorms that sent Southwest…
Chinese brokerages rush to raise billions in regulatory squeeze as Western competition looms
By Samuel Shen and Georgina Lee SHANGHAI/HONG KONG (Reuters) – Chinese brokerages are in a race to raise billions of…
UK property market weakest since 2010 as uncertainty weighs: RICS
By Suban Abdulla LONDON (Reuters) – British house prices registered the most widespread falls in 13 years last month as…
Davos 2023: Moderna CEO says he wants to have mRNA factory on every continent
DAVOS, Switzerland (Reuters) – Moderna chief executive Stephane Bancel said he would like to have factories making vaccines based on…
U.S. dollar advances vs major currencies as risk appetite fades
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose against major currencies on Wednesday in choppy trading, gaining safe-haven…
Oil eases 1% as U.S. recession worries offset China recovery hopes
By Scott DiSavino NEW YORK (Reuters) – Oil prices fell about 1% on Wednesday, surrendering early gains as worries about…
European shares extend winning streak on earnings boost
By Bansari Mayur Kamdar and Ankika Biswas (Reuters) – European shares marked their longest winning streak since November 2021 on…
Richemont, Burberry optimistic about China luxury sales
By Paul Sandle and John Revill LONDON/ZURICH (Reuters) – Luxury retailers Richemont and Burberry said they were optimistic that consumers…
Analysis-BOJ has markets bracing for more bond, FX turmoil as shift seen inevitable
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) -A seismic policy shift by Japan’s central bank is still a matter…