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Reuters

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UPDATE 9-Oil prices dip but post 4th straight weekly gain on US sanctions

Brent up 1.3%, WTI adds 1.7% in the weekConcerns about more supply disruptions as Trump returns to powerPotential halt to Houthi attacks on shipping in focus after Gaza ceasefire dealUS oil rig count falls by twoUpdates with CFTC data, paragraph 6By Arathy Somasekhar HOUSTON, Jan 17 (Reuters) - O...

UPDATE 8-SpaceX's Starship explodes in flight test, forcing airlines to divert

Starship prototype fails after launch from Texas, forces airlines to alter courseUpper stage anomaly leads to loss of StarshipSuper Heavy booster successfully returns to launchpadStarship had multiple upgrades, poised to deploy mock satellitesUpdates with graphic, no change to content of storyBy Joe...

UPDATE 3-Novo Nordisk says its obesity drug in higher dose shows 20.7% weight loss

Adds analyst comment and background in paragraphs 5-7By Sriparna Roy Jan 17 (Reuters) - Novo Nordisk NOVOb.CO said a higher dose of its drug Wegovy led to greater weight loss in patients during a late-stage trial, but the results fell short of the weight loss achieved with Eli Lilly's rival drug...

UK delays Basel bank rules by a year, EU says it's weighing options

'Basel endgame' rules have faced fierce opposition in USReforms face uncertain future under Trump presidencyBank of England says 'greater clarity' needed European Union says it is considering next stepsAdds unnamed EU official comment in paragraph 5, analyst comment in paragraph 6By Iain Withers ...

REFILE-Dutch government excludes most ASML sales to China from 'dual use' export data

Fixes datelineMost ASML China sales excluded from Dutch 'dual use' export dataGovernment says data commercially sensitive, disclosure optionalASML had sales of more than $7 billion to China in 2024By Toby Sterling AMSTERDAM, Jan 17 (Reuters) - The Dutch government excludes billions of euros of sa...

US auto safety regulator closes probe into nearly 7,000 Fisker electric SUVs

Jan 17 (Reuters) - The U.S. auto safety regulator closed its probe into 6,971 Fisker Ocean SUVs on Friday over inadvertent activation of the automatic emergency braking system, as it does not expect to get further information from the bankrupt EV maker.

Trump tees up aggressive anti-immigration push in first hours of administration, CNN reports

Jan 17 (Reuters) - US President-elect Donald Trump's team is finalizing an aggressive slate of executive orders on immigration that are expected to be issued hours after he is sworn in, CNN reported on Friday, citing two people familiar with the matter.

WRAPUP 5-China's economy meets official growth target, but many feel worse off

Adds Nomura comments in paragraphs 12-13, growth forecasts in paragraph 31China's Q4 GDP grows 5.4% y/y, beating market forecast2024 GDP expands 5.0%, meeting the government's targetBut growth was unbalanced, led by industry and exportsConsumption lags as workers faces uncertainties2025 outlook clou...

Kremlin says US stance on Russian oil sanctions unlikely to change

MOSCOW, Jan 17 (Reuters) - The Kremlin said on Friday it does not expect the United States to soften its position on sanctions against Russian oil once President-elect Donald Trump takes office, despite his administration's readiness for dialogue on the Ukraine war.

Higher US LNG exports under Trump will benefit Japan, says utilities chief

TOKYO, Jan 17 (Reuters) - A potential increase in U.S. fossil fuels production and liquefied natural gas exports under Donald Trump's incoming presidency could result in lower fuel prices, benefiting Japan, the head of the country's utilities federation said on Friday.

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