Progress in reforming development banks ‘quite limited,’ new tool shows
By Andrea Shalal MARRAKECH, Morocco (Reuters) – A new tool launched on Monday to track reforms by the World Bank and the five b..
News
All Posts
Oil prices jump as Middle East violence rattles markets
By Andrew Hayley BEIJING (Reuters) -Oil prices were up more than $3 a barrel in Asian trade on Monday as military clashes between Isr..
News
Bristol-Myers Squibb to acquire Mirati in up to $5.8 billion deal
(Reuters) -Bristol-Myers Squibb on Sunday said it will acquire cancer drugmaker Mirati Therapeutics for up to $5.8 billion, diversifyi..
News
‘Get Britain building again’, UK’s Labour sets out growth plan
Andrew MacAskillLIVERPOOL, England (Reuters) – Britain’s opposition Labour Party will promise on Monday to get the country..
News
UK bank regulator still pressing for Metro plan by Monday – source
By Elisa Martinuzzi, Pablo Mayo Cerqueiro and Iain Withers LONDON (Reuters) -Britain’s Prudential Regulation Authority (PRA) is..
News
Explainer-Paris freaks out over bedbugs ahead of Olympic Games
PARIS (Reuters) – The French government is battling to contain a bout of nationwide panic over bedbugs in Paris just nine months..
News
Blow-out U.S. jobs growth buoys dollar, hits stocks and bonds
NEW YORK/LONDON (Reuters) -A blowout U.S. jobs report on Friday sent the dollar higher and cast a pall over stocks and bonds as the da..
News
US dollar set for 12th weekly gain after blowout jobs number
NEW YORK (Reuters) – The dollar gained on Friday, headed for a 12th straight week of gains, after a blockbuster U.S. jobs report..
News
European stocks hits third-straight weekly loss as yields surge
(Reuters) -European shares advanced at the end of a turbulent week tracking Wall Street gains, but hit weekly losses, while a hotter-t..
News
EU leaders resolve to boost economic security amid global tension
GRANADA, Spain (Reuters) – European Union leaders resolved on Friday to strengthen the bloc’s competitiveness, be at the..
News
Analysis-Is the US strategy of engaging China working?
WASHINGTON (Reuters) – Early in the Biden administration, U.S. Secretary of State Antony Blinken vowed that the United States wo..
News
Renault brings in Volvo, CMA CGM for electric van project
PARIS (Reuters) – Renault will work with fellow carmaker Volvo and shipping group CMA CGM on an electric van project that Renaul..
News
US FDA still not satisfied with Philips recall; stock falls over 9%
By Toby Sterling and Piotr Lipinski AMSTERDAM (Reuters) -The U.S. Food and Drug Administration (FDA) said it is still not satisfied w..
News
ECB’s Schnabel can’t rule out more hikes amid inflation risks
FRANKFURT (Reuters) -The European Central Bank may need to raise interest rates again if wages, profits or new supply snags boost inf..
News
GSK raises $1.1 billion from Haleon stake sale
(Reuters) -British drugmaker GSK on Friday said it raised 885.6 million pounds ($1.08 billion) from a stake sale in Haleon, bringing d..
News
UK’s J D Wetherspoon posts higher sales on resilient demand
(Reuters) -British pub group J D Wetherspoon said on Friday sales in the first nine weeks of its financial year rose nearly 10% on st..
News
Norway plans resource tax on onshore wind farms
OSLO (Reuters) – Norway will introduce a resource rent tax on onshore wind power from 2024, although existing facilities will ge..
News
Finnair to raise $632 million to shore up finances
STOCKHOLM (Reuters) -Finnish airline Finnair said on Friday it planned to raise up to 600 million euros ($632 million) in a rights iss..
News
Explainer-Why are British lender Metro Bank’s shares plunging?
LONDON (Reuters) – Mid-sized British lender Metro Bank saw its shares plunge more than 25% on Thursday following reports it is t..
News
Oil prices fall again; demand worries outweigh tight supply
HOUSTON (Reuters) -Oil prices fell about 2% on Thursday, extending the previous session’s nearly 6% losses, as an uncertain de..
News
UK to examine Amazon and Microsoft’s cloud dominance
LONDON (Reuters) -Britain’s media regulator on Thursday asked the country’s antitrust authority to investigate U.S. tech g..
News
Analysis-When, not if, Europe copies Wall Street share trading reform
LONDON (Reuters) – The European Union, Britain and Switzerland have little choice but to copy Wall Street in speeding up share t..
News
Citigroup outlines layoff process, reassignments as overhaul takes shape
By Lananh Nguyen, Saeed Azhar and Tatiana Bautzer NEW YORK (Reuters) -Citigroup managers are reviewing staff rosters to determine by ..
News
Dollar, stocks slip amid still tight U.S. labor market
NEW YORK/LONDON (Reuters) -The dollar eased and a gauge of global equities slipped on Thursday as investors grappled with U.S. unemplo..
News
Greedy beast’ of inflation not yet defeated, Bundesbank chief says
FRANKFURT (Reuters) – Euro zone inflation is falling but the fight is not yet won and the high rate of underlying price growth ..
News
AI watermarking is a lazy solution to content authentication
by Rijul Gupta, co-founder & CEO, DeepMedia In an era where our digital reality warps and contorts daily, where fact ..
Business
Pound dips after weak UK construction data, BoE survey
By Samuel Indy LONDON (Reuters) – The British pound dipped against the U.S. dollar and the euro on Thursday after data s..
News
Alstom cash flow warning wipes $3 billion off train maker’s value
(Reuters) -Alstom’s shares plunged by as much as 38% in Paris on Thursday after the French train maker slashed its full-year fr..
News
Jewellery retailer Pandora raises growth targets, shares jump
By Helen Reid LONDON (Reuters) -Jewellery retailer Pandora raised its growth targets on Thursday, saying investments in the brand and..
News
Novo Nordisk’s Wegovy bonanza looms large in Denmark
COPENHAGEN (Reuters) – The whirlwind success of weight-loss treatment Wegovy is providing a bonanza not just for its developer, ..
News
Birkenstock the latest shoe IPO to drop in a tough market
(Reuters) – Sandal company Birkenstock needs to sell more clogs and boots and boost sales from its own website and boutiques to ..
News
UK new car sales rise about 20% in September, says industry body SMMT
(Reuters) – New car sales in Britain rose roughly 20% in September from a year earlier, driven largely by an increase in registr..
News
UK PM Sunak offers billions for new links after scrapping HS2 northern leg
By Alistair Smout and Sarah Young MANCHESTER (Reuters) – British Prime Minister Rishi Sunak cancelled the northern leg of the c..
News
Europe could become energy self-sufficient in $2 trillion push – study
FRANKFURT (Reuters) – Europe could wean itself off fossil fuels and create a self-sustainable energy sector by spending around ..
News
World’s biggest bond markets steady after heavy selloff
By Alun John and Naomi Rovnick LONDON (Reuters) -A broad selloff in world government bonds on Wednesday drove up U.S. 30-year Treasur..
News
UK business downturn eases after inflation data, BoE pause – PMI
LONDON (Reuters) – British services companies suffered a less severe downturn in September than first feared, reflecting a surp..
News
Euro zone economy likely contracted in Q3 amid waning demand
By Jonathan Cable LONDON (Reuters) – The euro zone economy probably shrank last quarter, according to a survey which showed dem..
News