(Reuters) – German industrial production rose in November by 1.5% compared to the previous month, the federal statistics office said on Thursday. Analysts polled by Reuters had predicted a 0.5% rise. The office offers more detailed data on its website. (Reporting by Amir Orusov, Editing by Friederike Heine)
By Naomi Rovnick LONDON (Reuters) -Beaten-down European stocks are luring investors back after a record underperformance versus Wall Street in 2024, as fears about U.S. economic shocks under incoming President Donald Trump boost the appeal of international markets. Amundi, Europe’s largest investor, said on Wednesday it had “turned constructive on Europe” because the effect of …
Beaten-down European stocks lure investors back as Trump trades wobble Read More »
A look at the day ahead in European and global markets from Kevin Buckland The British bond market has become the focus of global investor attention, for some unenviable reasons. A 20-basis point spike in benchmark gilts this week to the highest since 2008 is being linked by analysts to a welling crisis of confidence …
Morning Bid: Britain at centre of bond market storm Read More »
By Simon Jessop LONDON (Reuters) – Investors including Big Oil-backed Climate Investment and Morgan Stanley’s 1GT fund have invested 115 million euros ($119.20 million) in Irish geophysical data firm XOCEAN to help it expand its operations. The company uses uncrewed surface vehicles to help maintain offshore wind and other energy infrastructure, including checking for pipeline …
Ocean data climate tech firm XOCEAN raises 115 million euros Read More »
By Abhirup Roy and Marie Mannes LAS VEGAS (Reuters) – Sweden’s Volvo Group is proceeding with its planned $700-million heavy-truck factory in Monterrey, Mexico, CEO Martin Lundstedt told Reuters on Wednesday, even as President-elect Donald Trump threatens to impose U.S. tariffs on imports of vehicles and other goods. The maker of Volvo and Mack semi-trucks …
Volvo CEO says plan for Mexico truck factory on track despite US tariff threat Read More »
By Amanda Cooper, Yoruk Bahceli and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – A sharp selloff in the world’s biggest government bond markets and a continued rise in the dollar sent shockwaves through financial markets, with pain seen deepening as uncertainty grows over U.S. President-elect Donald Trump’s policies. On Wednesday, the 10-year Treasury yield, underpinning trillions …
Bond market selloff jolts global investors as Trump worries grow Read More »
LONDON (Reuters) – Optimism about the business outlook for financial firms in Britain fell in the fourth quarter of 2024 at the sharpest pace in two years, a survey by the Confederation of British Industry (CBI) showed on Thursday. The CBI’s measure of sentiment among financial firms fell to -28% in December, the biggest fall …
Britain’s finance firms see biggest plunge in sentiment in two years -survey Read More »
(Reuters) – Britain’s labour market cooled dramatically in December as employers continued to grapple with tax rises announced in the government’s budget, according to a survey of recruiters on Thursday that showed vacancies slumping. The monthly index of demand for staff from the Recruitment and Employment Confederation and accountants KPMG fell in December to its …
UK labour market freeze deepens as firms absorb tax rises, REC survey shows Read More »
LONDON (Reuters) – Shoppers at British store chains last month saw the sharpest fall in prices in more than three years but higher costs in 2025 mean retailers might struggle to keep inflation on its downward path, the British Retail Consortium said on Tuesday. Annual shop price deflation of 1% in the 12 months to …
UK shop prices dropped in December but prices likely to rise in 2025, BRC says Read More »
By Lisa Baertlein Volvo Group expects high-volume production of a planned battery plant in Sweden to begin a couple of years later than the original target of 2029-2030, CEO Martin Lundstedt said at a Reuters NEXT Newsmaker event at CES in Las Vegas on Wednesday. Volvo had said in September it would delay construction of …
Volvo Group sees delay in battery plant production from planned Swedish facility Read More »
