UK oil, gas firms to leave year’s worth of output in ground with tax hikes-report
LONDON (Reuters) – Windfall taxes mean oil and gas producers in the British North Sea will likely leave 500 million barrels of o..
News
All Posts
UK retailers turn positive on sales hopes after bleak winter
LONDON (Reuters) – British retailers reported their first positive sales expectations in seven months, according to a survey pub..
News
Li-Cycle to build French battery processing facility
By Ernest Scheyder (Reuters) – Li-Cycle Holdings Corp said on Monday it will build a French facility to break down batteries fro..
News
Hungary’s booming wedding market doused by soaring inflation
By Gergely Szakacs and Krisztina Fenyo BUDAPEST (Reuters) – Soaring inflation is taking the steam out of Hungary’s wedding..
News
Credit Agricole launches China M&A and investment banking business
HONG KONG (Reuters) – Credit Agricole, France’s second-biggest listed bank, has become the latest foreign lender to boost ..
News
U.S. mid-tier lenders shares rise in Frankfurt after SVB deal
LONDON (Reuters) – The Frankfurt-listed shares of several mid-tier U.S. lenders rose sharply on Monday, after a buyer emerged fo..
News
UK’s competition watchdog to examine EDF buying GE’s nuclear turbine unit
(Reuters) – UK’s anti-trust regulator said on Monday it was looking into whether FDF’s proposed acquisition of Gener..
News
In inflation-hit Germany, massive strike over pay to cripple transport
By Klaus Lauer and Tom Sims BERLIN/FRANKFURT (Reuters) – A massive strike in Germany was set to begin early Monday, crippling ma..
News
Marketmind: Banks are leaking money
A look at the day ahead in European and global markets from Wayne Cole It’s been a quiet Monday so far with Asian share markets ..
News
Oil markets steady as investors weigh banking crisis, Russia
By Mohi Narayan and Florence Tan (Reuters) -Oil prices stabilised in Asian trade on Monday as investors sought cues from broader finan..
News
How the 2023 banking crisis unfolded
(Reuters) – Global banks are staring at the biggest crisis since 2008 after two U.S. lenders collapsed, Switzerland’s Cred..
News
Dollar outshines euro, sterling amid European bank jitters
By Hannah Lang WASHINGTON (Reuters) – The euro and sterling fell sharply against a strengthening dollar on Friday amid lingering..
Finance
Amazon, other retailers revamp ‘free’ shipping as costs soar
By Lisa Baertlein LOS ANGELES (Reuters) – There is no such thing as free shipping. Even so, Amazon.com Inc and other online reta..
News
S&P Global fined 1.1 million euros for premature credit rating publications
By Marc Jones LONDON (Reuters) -The European Union’s securities watchdog has fined S&P Global Ratings 1.1 million euros ($1...
News
UK’s J D Wetherspoon returns to profit as supply issues ease
(Reuters) -British pub group J D Wetherspoon Plc on Friday posted a return to half-year profit and said sales in recent weeks have top..
News
Swiss franc grapples with safe-haven identity crisis after Credit Suisse
By Samuel Indyk LONDON (Reuters) – The Swiss franc hasn’t lived up to its safe-haven reputation during the Credit Suisse c..
News
StanChart CEO says AT1 bond wipeout has profound impact
By Selena Li HONG KONG (Reuters) -Standard Chartered Chief Executive Bill Winters said on Friday Credit Suisse AG’s $17 billion ..
News
UK consumer mood hits one-year high, but financial gloom persists
(Reuters) – British consumer confidence rose this month to its highest level in a year, helped by improving sentiment around the..
News
Tourists to get chance to walk in King Charles’ coronation footsteps
LONDON (Reuters) – London’s Westminster Abbey said visitors will get the chance this summer to follow King Charles’ ..
News
Denmark invites Nord Stream operator to help salvage unidentified object
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Denmark on Thursday invited the Russian-controlled operator of the Nord Stream..
News
Finnish businessman Zilliacus ready to pay premium for Manchester United
By Akash Sriram (Reuters) – Finnish entrepreneur Thomas Zilliacus has placed a bid for Manchester United and is willing to pay a..
News
Virgin Orbit says space startup in talks with potential investors
(Reuters) – Billionaire Richard Branson’s cash-strapped satellite launch company Virgin Orbit Holdings said on Thursday it..
News
Praxent Introduces Accelerator App, Helping WealthTechs Speed Time to Market
Fintech product agency launches starter app to help wealthtechs accelerate innovation March 20th, 2023 – Praxent, a fintech pro..
Innovation
Why women-led businesses continue to be underfunded by VCs
By Saleha Jaweid (Technical Program Manager) and Tereza Bízková (Ecosystem Communications Manager) of Topl Experts are already ..
Business
Stocks up, bond yields fall as markets mull a Fed policy pause
By Koh Gui Qing NEW YORK (Reuters) – Wall Street stocks jumped on Thursday, pushing up global stock indexes, and Treasury yields..
News
Central banks keep hiking rates amid banking turmoil
By David Milliken, John Revill and Aniruddha Ghosh (Reuters) – The Bank of England on Thursday followed the Federal Reserve and ..
Finance
GROW with SAP brings proven Cloud ERP benefits to midsize customers
SAP SE (NYSE: SAP) today announced GROW with SAP, a new offering to help midsize customers adopt cloud ERP that enables speed..
Business
Unlocking the potential of hybrid working with next-gen tech stack
By Dominik Birgelen, CEO of oneclick In the past couple of years, the demand for hybrid working has led bu..
Digital
The future of Innovation starts with no-code solutions
By Sarfraz Ali, Vice President and Head of EMEA at Smartsheet Innovation, the search for new, impactful ideas, is at the c..
Innovation
New York holds top spot, London second in Z/Yen financial centre survey
LONDON (Reuters) – New York kept the top spot in the latest rankings of global financial centres from Z/Yen Group on Thursday, w..
News
Norway wealth fund to vote for labour rights motion at Starbucks AGM
OSLO (Reuters) – Norway’s $1.3 trillion wealth fund, one of the world’s largest investors, will vote in favour of a ..
News
Swiss National Bank raises rates, says bank crisis stopped
By John Revill ZURICH (Reuters) -The Swiss National Bank raised its benchmark interest rate by 50 basis points on Thursday and declare..
News
HSBC appoints new markets head amid wider investment bank reshuffle
By Lawrence White LONDON (Reuters) – HSBC has appointed Patrick George as head of markets and securities services, according to ..
News
Zur Rose delays profitability break-even to 2024
By Anastasiia Kozlova and Tristan Chabba (Reuters) – Swiss online drug retailer Zur Rose on Thursday said it will not reach brea..
News
Lloyd’s of London swings to 2022 pre-tax loss
FRANKFURT (Reuters) – Lloyd’s of London swung to a pre-tax loss in 2022 and took writedowns on its fixed-income investment..
News
Oil spills and near misses: more ghost tankers ship sanctioned fuel
By Jonathan Saul LONDON (Reuters) – An oil tanker runs aground off eastern China, leaking fuel into the water. Another is caught..
News
Oil dips after Fed comments, US crude stock build
By Stephanie Kelly and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices fell on Thursday following three sessions of gains, after Federal R..
News