By Dhara Ranasinghe LONDON (Reuters) – World stocks began the new month on firmer ground, after a volatile January, as reassuring comments from Federal Reserve officials helped to calm rate-hike jitters. A pan-European equity index rallied 1% Japan’s blue-chip Nikkei rose by 0.3%, buoyed by Wall Street’s overnight gains and MSCI’s world stock index rose…
By Supantha Mukherjee and Tiyashi Datta (Reuters) – The New York Times Co’s acquisition of Wordle has created uproar on social media, with fans expressing fears that the popular online word game, which is currently free to play, might be put behind a paywall. Announcing on Monday that it had bought Wordle for an undisclosed…
BRUSSELS (Reuters) – Euro zone unemployment fell to its lowest level on record in December, data showed on Tuesday, testament to the strength of the economic recovery and the effectiveness of part-time work schemes used to preserve jobs during pandemic lockdowns. The European Union’s statistics office Eurostat said the unemployment rate in the 19 countries…
LONDON (Reuters) -Tesco, Britain’s biggest retailer, said on Tuesday 1,600 roles were at risk of redundancy due to operational changes at stores, including the removal of night shifts to restock shelves. The group said it was moving its overnight stock replenishment into the daytime in 36 large stores and 49 convenience stores. In 36 stores,…
LONDON (Reuters) – Euro zone manufacturing activity accelerated last month as supply chain bottlenecks eased, although the improvement was not evenly spread across member countries and factories still faced high inflationary pressures, a survey showed on Tuesday. IHS Markit’s final manufacturing Purchasing Managers’ Index (PMI) rose to a five-month high of 58.7 in January from…
By Supantha Mukherjee STOCKHOLM (Reuters) – WarnerMedia’s HBO Max streaming service will launch in 15 European countries, including Poland, Portugal and Romania, on March 8, making it available in 61 territories across Europe and the Americas. The service, owned by AT&T Inc, entered Europe in October by launching in the Nordics and Spain, with a…
By Yuka Obayashi TOKYO (Reuters) – Oil prices eased on Tuesday, giving up early gains as investors took profits, although expectations that supply will remain tight amid a limited output increase by major producers and a solid post-pandemic recovery in fuel demand checked losses. Brent crude for April delivery was down 10 cents, or 0.1%,…
By Praveen Menon (Reuters) -A report released by Rio Tinto on Tuesday outlined a culture of bullying, harassment and racism at the global mining giant, including 21 complaints of actual or attempted rape or sexual assault over the past five years. Nearly half of all employees who responded to an external review of the miner’s…
TOKYO (Reuters) – Japan’s biggest airline, ANA Holdings Inc reported on Tuesday a small third-quarter operating profit of 100 million yen ($869,716) and maintained its full-year guidance despite the emergence of the Omicron variant of the coronavirus. The slightly-above-breakeven figure for the quarter ended Dec. 31 – its first time in the black in eight…
By Yuka Obayashi TOKYO (Reuters) – Oil prices climbed on Tuesday, hovering near seven-year highs hit last week, on expectations that a limited production increase by major oil producers and a solid post-pandemic recovery in fuel demand will keep a tight supply condition. Brent crude for April delivery was up 34 cents, or 0.4% at…