NICOSIA (Reuters) – Euro zone inflation will carry on declining in the months ahead but at a slower pace, Bundesbank President Joachim Nagel was quoted as telling Cypriot newspaper Kathimerini on Sunday. Euro zone inflation eased to 2.4% in November from 2.9% in October, well below expectations for a third straight month and fuelling market […]

By Lisa Baertlein and Arriana McLymore LOS ANGELES/NEW YORK (Reuters) – As holiday shoppers return items purchased during Black Friday and Cyber Monday online shopping sprees, more U.S. retailers could tell them to keep items that cost more to ship back than they are worth. This year, 59% retailers offer so-called “returnless” or “keep it” […]

By David Shepardson WASHINGTON (Reuters) -The United Auto Workers union said on Wednesday it is launching a first-of-its-kind push to publicly organize the entire nonunion auto sector in the U.S. after winning new contracts with the Detroit Three automakers. The Detroit-based UAW said workers at 13 nonunion automakers were announcing simultaneous campaigns across the country […]

LONDON (Reuters) -Uber will open up its platform to London’s black cabs next year, the ride-hailing firm said on Wednesday, trying to win over the British capital’s taxis after a decade of tensions. London’s black cab drivers – who have to pass a test called “The Knowledge” requiring them to memorise thousands of routes within […]

(Reuters) -Cathay Pacific Airways Ltd is leaning towards placing an order for around six Airbus A350 freighters as the Hong Kong carrier renews the oldest section of its fleet of dedicated 747 cargo jets, industry sources said. If confirmed, the selection marks a bounce back for the Airbus freighter after Cathay earlier this year appeared […]

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped against a basket of currencies on Friday on news of steady U.S. business activity in November, but private sector employment declined in line with expectations for a fourth-quarter economic slowdown. Currencies traded in a relatively narrow range with U.S. markets closing early the day after […]

LONDON (Reuters) -Amazon workers walked out on strike at multiple locations across Europe on Friday in protests against the U.S. e-commerce giant’s working practices on one of the busiest shopping days of the year. “Make Amazon Pay”, a campaign coordinated by the UNI Global Union, said strikes and protests would take place in more than […]

By Suzanne McGee (Reuters) – ARK Investment Management led by Cathie Wood, and Swiss cryptocurrency manager 21Shares, plan to charge a fee of 0.80% on their proposed ARK 21Shares Bitcoin exchange-traded fund (ETF) if cleared by regulators, according to a U.S. Securities and Exchange Commission (SEC) filing. Since 2021, the SEC has rejected multiple applications […]