Foreign investment in Germany reaches new record
By Rene Wagner BERLIN (Reuters) - Foreign companies announced record levels of new investment in Germany last year despite the economic downturn and high energy prices, according to an analysis published on Tuesday by the federal development agency...
A few minutes ago
UK pay grows by more than expected as BoE mulls rate cuts
By Suban Abdulla LONDON (Reuters) -British wages excluding bonuses - in the sights of the Bank of England as it considers when to cut interest rates - grew by a stronger-than-expected 6.0% in the first three months of 2024 compared with the same period...
A few minutes ago
China launches campaign to halt school bullying, excessive homework
HONG KONG (Reuters) - China's Ministry of Education said on Tuesday it was launching a campaign to address issues including excessive homework and bullying in schools, as part of efforts to boost students' mental health. The announcement came a day...
5m ago
Putin to visit China May 16-17, Kremlin says
MOSCOW (Reuters) - Russian President Vladimir Putin will visit China on May 16-17, his first foreign trip since his inauguration for a new term as president, the Kremlin said on Tuesday. "At the invitation of Chinese President Xi Jinping, Vladimir ...
30m ago
Freight train derails in Russia due to 'interference', officials say
(Reuters) - Freight train cars derailed and a storage tank containing diesel fuel caught fire in the southern Russian region of Volgograd due to "outside interference," Russian officials said on Tuesday. "As a result of interference by unauthorised...
30m ago
European shares muted ahead of US inflation, Powell remarks; Delivery Hero spikes
(Reuters) - European shares were subdued on Tuesday as investors braced for key U.S. inflation data and Federal Reserve Chair Jerome Powell's remarks due later in the day, while Delivery Hero jumped on the sale of its Taiwan foodpanda business to U...
31m ago
India's April wholesale price index rises 1.26% from year earlier
NEW DELHI (Reuters) - India's wholesale price-based inflation in April rose 1.26%, mainly driven by food and primary articles, government data showed on Tuesday. The April figures were higher than the 1% rise expected by economists polled by Reuter...
1h ago
Australian weather bureau sees 50% chance of La Nina this year
CANBERRA (Reuters) - There are early signs that a La Nina weather event may form in the Pacific Ocean later this year, Australia's weather bureau said on Tuesday. A La Nina would have significant consequences for global agriculture because it typic...
1h ago
Rakuten logs $213 million quarterly loss as mobile losses negate fintech growth
TOKYO (Reuters) - Japan's Rakuten Group on Tuesday logged an operating loss of 33.3 billion yen ($213 million) in the January-March quarter, its 15th straight quarter in the red as losses in its mobile unit weighed on robust growth in its fintech b...
1h ago
Rate cut bets make investors 'most bullish' since Nov 2021 - BofA survey
MILAN (Reuters) - Expectations over interest rate cuts rather than earnings optimism has made investors the "most bullish" since November 2021, Bank of America's monthly fund manager survey for May showed on Tuesday. The survey of global fund manag...
1h ago