Prince Harry’s privacy case against Murdoch tabloids to proceed as planned 19 Apr 2024, 10:06 am

Prince Harry’s privacy case against Murdoch tabloids to proceed as planned LONDON (Reuters) – Prince Harry’s privacy case has avoided a major delay after London’s High Court rejected an application by the publisher of Rupert Murdoch-owned British mass-market newspapers that could have caused stalled proceedings for two years. In total, 42 figures are suing News […]

France orders retailers to display shrinkflation 19 Apr 2024, 10:02 am

France orders retailers to display shrinkflation PARIS (Reuters) – French retailers will have to notify shoppers when products have been reduced in size without a corresponding cut in prices in an effort to tackle so-called shrinkflation, the finance ministry said on Friday. Shrinkflation has become a headache for consumers and governments alike as households have […]

GM and Ford count on gas-powered trucks as EV growth slows 19 Apr 2024, 9:15 am

GM and Ford count on gas-powered trucks as EV growth slows By Joseph White DETROIT (Reuters) – U.S. automakers General Motors and Ford face a challenge in common when they report first-quarter results next week: Explaining to investors where profit growth will come from in the months ahead as EV growth slows. The slowdown in […]

Analysis-China’s steel sector has bigger worries than Biden tariff hike 19 Apr 2024, 9:13 am

Analysis-China’s steel sector has bigger worries than Biden tariff hike By Amy Lv and Tony Munroe BEIJING/SINGAPORE (Reuters) – U.S. President Joe Biden’s push to triple tariffs on Chinese steel imports strikes a mostly symbolic blow on an industry facing bigger concerns over faltering local demand and threats of even stronger blowback against China’s surging […]

Oil-rich regions in Kazakhstan brace for floods, Siberian rivers burst in Russia 19 Apr 2024, 9:11 am

Oil-rich regions in Kazakhstan brace for floods, Siberian rivers burst in Russia YANVARTSEVO, Kazakhstan (Reuters) – Kazakhstan braced on Friday for levels on the Ural River to rise sharply, something that could threaten two of its western regions and key oil infrastructure, while Russia grappled with floods in and near Siberia. Both countries have in […]

Sterling wavers as markets gauge reported Israeli attack on Iran 19 Apr 2024, 9:11 am

Sterling wavers as markets gauge reported Israeli attack on Iran By Harry Robertson LONDON (Reuters) – The pound was little changed on Friday after falling to a five-month low against the dollar in Asian trading hours as investors responded to reports of an Israeli attack on Iran. People familiar with the matter told Reuters that […]

Explainer-Bitcoin’s ‘halving’: what is it and does it matter? 19 Apr 2024, 9:10 am

Explainer-Bitcoin’s ‘halving’: what is it and does it matter? LONDON (Reuters) – Bitcoin’s long-anticipated ‘halving’ is, depending on where you sit, a vital event that will burnish the cryptocurrency’s value as an increasingly scarce commodity, or little more than a technical change talked up by speculators to inflate its price. The halving comes after bitcoin […]

STOXX 600 hits one-month low on geopolitical woes; L’Oreal shines 19 Apr 2024, 9:09 am

STOXX 600 hits one-month low on geopolitical woes; L’Oreal shines By Ozan Ergenay and Johann M Cherian (Reuters) -European stocks dropped to their lowest levels in more than one month on Friday after a ramp-up in the Middle East conflict spooked investors, while L’Oreal’s shares rose as the French cosmetic giant’s quarterly sales trounced estimates. […]

UK retail sales stagnate despite easing inflation 19 Apr 2024, 8:42 am

UK retail sales stagnate despite easing inflation By Suban Abdulla LONDON (Reuters) -British retail sales stagnated in March despite high inflation easing recently, representing the first time that they have not grown in monthly terms since December, the Office for National Statistics said on Friday. Economists polled by Reuters had mostly forecast sales volumes would […]