Italy’s luxury groups set aside rivalries to keep it local
By Elisa Anzolin MILAN (Reuters) – Italy’s luxury fashion groups, which for decades jealously guarded their independence, have started teaming…
Europe
Analysis-Tumbling US dollar a boon to risk assets across the globe
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Cooling U.S. inflation is accelerating a decline in the dollar, and risk…
Strong U.S. demand eases pressure on Novo to show weight-loss drug’s health benefits
By Maggie Fick LONDON (Reuters) – Soaring U.S. demand for Novo Nordisk’s weight-loss drug has reduced the pressure from investors…
Marketmind: Relief over US inflation keeps Asia upbeat
A look at the day ahead in European and global markets from Sonali Desai Thursday’s Goldilocks blend of cooling U.S….
ASEAN foreign ministers repeat condemnation of Myanmar violence
By Kate Lamb and Stanley Widianto JAKARTA (Reuters) -Southeast Asian foreign ministers on Thursday reiterated condemnation of ongoing violence in…
US House backs ‘culture war’ amendments in threat to must-pass defense bill
By Patricia Zengerle WASHINGTON (Reuters) -The Republican-led U.S. House of Representatives added restrictions on abortion and transgender health services to…
Euro zone ministers agree on gradual wind-down of spending
BRUSSELS (Reuters) – Euro zone finance ministers agreed on Thursday that the single currency area needed a “determined, gradual and…
Nissan to invest some $725 million in Renault’s EV unit, Yomiuri says
TOKYO (Reuters) -Nissan Motor is likely to invest around 100 billion yen ($725 million) in Renault’s new electric vehicle unit,…
UN scrambles to save Black Sea grain deal, with EU help, ahead of Monday deadline
By Michelle Nichols UNITED NATIONS (Reuters) -The European Commission is helping the United Nations and Turkey try to extend a…
Ukraine receives cluster munitions, pledges limited use
KYIV (Reuters) -Ukraine has received cluster bombs from the United States, munitions banned in more than 100 countries, but has…