All Posts

Britain’s Ocado follows rivals in cutting some prices

Britain’s Ocado follows rivals in cutting some prices

By James Davey LONDON (Reuters) – British online supermarket Ocado Retail has followed rivals by cutting prices of some essenti..

Catalonia cracks down on booming marijuana industry

Catalonia cracks down on booming marijuana industry

BARCELONA (Reuters) – Heavily-armed police officers arrived in a well-to-do Barcelona suburb before dawn to raid a two-storey ho..

South African citrus growers say EU pest rules putting squeeze on exports

South African citrus growers say EU pest rules putting squeeze on exports

(Reuters) – New European Union pest control rules will cut South Africa’s orange exports to Europe by 20% this year, thre..

India’s aerospace suppliers see upside in parts-making from record jet orders

India’s aerospace suppliers see upside in parts-making from record jet orders

By Allison Lampert and Aditi Shah PARIS/DELHI (Reuters) -Indian aerospace suppliers see record jet orders by the country’s top ..

Chinese payment giants revive effort to accept foreign credit cards

Chinese payment giants revive effort to accept foreign credit cards

HONG KONG (Reuters) – Chinese tech giants Tencent Holdings and Ant Group said that they would allow users to link international ..

Euro zone lending takes another hit in May

Euro zone lending takes another hit in May

(Reuters) – Euro zone bank lending slowed further in May, dragged down by higher interest rates and a recession in the bloc̵..

Boohoo urges Revolution Beauty to call general meeting over board changes

Boohoo urges Revolution Beauty to call general meeting over board changes

(Reuters) – Boohoo on Wednesday urged Revolution Beauty to call for its requisitioned general meeting “without further del..

SAP CEO: huge growth potential in generative AI

SAP CEO: huge growth potential in generative AI

(Reuters) – German business software maker SAP sees huge growth potential in generative AI technology, Chief Executive Officer C..

Nissan will not fill COO position left open by Gupta’s departure

Nissan will not fill COO position left open by Gupta’s departure

TOKYO (Reuters) – Nissan Motor Co has decided to not fill in the chief operating officer position vacated by Ashwani Gupta under..

Asia shares subdued, yen shunned as euro shines

Asia shares subdued, yen shunned as euro shines

By Wayne Cole SYDNEY (Reuters) – Asian shares stalled on Wednesday as surprisingly upbeat U.S. economic news warred with global..

Google lays off staff at its mapping app Waze

Google lays off staff at its mapping app Waze

(Reuters) -Alphabet-owned Google on Tuesday said it is cutting jobs at mapping app Waze as it merges the app’s advertising syst..

Google lays off staff at its mapping app Waze

Google lays off staff at its mapping app Waze

LONDON (Reuters) – One in seven people in the United Kingdom faced hunger last year because they did not have enough money, acco..

(no title) - 17676

(no title) - 17676

By Lisa Pauline Mattackal and Medha Singh (Reuters) – What would Satoshi make of it all? Bitcoin, the currency created to subve..

Hungary not getting EU recovery funds would hit credibility – Fitch

Hungary not getting EU recovery funds would hit credibility – Fitch

BUDAPEST (Reuters) – Any failure by Hungary to pass reforms to unlock European Union recovery funds would harm policy credibilit..

German bond yield curve most inverted in nearly 31 years

German bond yield curve most inverted in nearly 31 years

By Stefano Rebaudo (Reuters) -The German yield curve was at its most inverted level in nearly 31 years on Tuesday as investors bet th..

Aston Martin’s shares skid after it drops sales volume target

Aston Martin’s shares skid after it drops sales volume target

By Aby Jose Koilparambil (Reuters) – British luxury carmaker Aston Martin unnerved investors on Tuesday by leaving out a sales ..

Renault CEO says free float of future electric unit will be more than 10%

Renault CEO says free float of future electric unit will be more than 10%

PARIS (Reuters) – A sizeable chunk of Renault’s planned electric vehicle spinoff could remain in free float on the stock m..

Accor plans to add more than 1,200 hotels

Accor plans to add more than 1,200 hotels

(Reuters) -Accor plans to open more than 1,200 hotels in the next five years, increasing the number of its resorts by more than one-fi..

China’s state banks seen selling dollars offshore to slow yuan drop – sources

China’s state banks seen selling dollars offshore to slow yuan drop – sources

SHANGHAI/BEIJING (Reuters) -China’s major state-owned banks were seen selling dollars in the offshore spot foreign exchange mark..

Indonesia’s Pertamina, Electrum sign battery packs development deal

Indonesia’s Pertamina, Electrum sign battery packs development deal

JAKARTA (Reuters) – Indonesia’s state energy company Pertamina said late on Monday it plans to develop battery packs for e..

Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal

Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal

KUALA LUMPUR (Reuters) –     Petronas said on Tuesday it has signed a development agreement with TotalEnergies Carbon Neutralit..

Dollar holds firm ahead of U.S. durable goods, housing data

Dollar holds firm ahead of U.S. durable goods, housing data

By Rocky Swift TOKYO (Reuters) – The U.S. dollar held its ground against major currencies on Tuesday as tension in Russia simme..

Illumina starts job cuts, plans office exit to rein in costs

Illumina starts job cuts, plans office exit to rein in costs

(Reuters) -Illumina Inc has commenced job cuts, the genetic sequencing equipment maker said on Monday, as it looks to cushion the imp..

AI and content: Bynder study reveals how the marketing industry is embracing new technologies

AI and content: Bynder study reveals how the marketing industry is embracing new technologies

By Warren Daniels, CMO at Bynder In today’s rapidly evolving digital landscape, businesses are constantly seeking ..

How to Instigate Agile Transformation and Develop Strategic Leadership for the Future

How to Instigate Agile Transformation and Develop Strategic Leadership for the Future

Understanding the truth behind digital business transformation is not just about applying technology, debates Carol May, H..

Britain says Celsa Steel has repaid emergency COVID loan, created 300 jobs

Britain says Celsa Steel has repaid emergency COVID loan, created 300 jobs

LONDON (Reuters) – The British arm of Celsa Steel has fully repaid an emergency COVID loan it received 3 years ago, generating ..

UK’s Sainsbury’s cuts more prices, adding to signs of abating inflation

UK’s Sainsbury’s cuts more prices, adding to signs of abating inflation

LONDON (Reuters) -British supermarket Sainsbury’s cut more prices on Monday, adding to evidence that a surge in food inflation w..

Yara postpones clean ammonia IPO after weak valuation

Yara postpones clean ammonia IPO after weak valuation

OSLO (Reuters) -Norway’s Yara has postponed a planned initial public offering of its Yara Clean Ammonia (YCA) business by one or..

German business sentiment points to likelihood of longer recession

German business sentiment points to likelihood of longer recession

BERLIN (Reuters) -German business morale worsened for the second consecutive month in June, a survey showed on Monday, indicating that..

AB Foods raises profit outlook as Primark gets summer boost

AB Foods raises profit outlook as Primark gets summer boost

By James Davey LONDON (Reuters) -Associated British Foods raised its full year profit outlook on Monday with its Primark fashion busi..

Euronext to sell 11.1% stake in LCH SA to LCH Group

Euronext to sell 11.1% stake in LCH SA to LCH Group

PARIS (Reuters) -European stock market operator Euronext said on Monday it had agreed to sell its 11.1% stake in the European operati..

Analysis-After the buzz, investors are doing their own homework on AI

Analysis-After the buzz, investors are doing their own homework on AI

MILAN (Reuters) – The rapid adoption of generative artificial intelligence has boosted markets this year, but after the initial ..

PwC Australia says staff involved in tax leak face ‘severe’ consequences

PwC Australia says staff involved in tax leak face ‘severe’ consequences

SYDNEY (Reuters) -PricewaterhouseCoopers Australia staff who are found to have acted improperly in a scandal over the leaking of gover..

Desperately seeking staff: Paris Airshow lets jobless in for free

Desperately seeking staff: Paris Airshow lets jobless in for free

PARIS (Reuters) – Jean Blondin usually attends the world’s largest air show to find new contracts. This year, he has made ..

Explainer-Top Indian startup Byju’s battles auditor criticism, board exits

Explainer-Top Indian startup Byju’s battles auditor criticism, board exits

By M. Sriram MUMBAI (Reuters) – Education technology giant Byju’s, one of India’s biggest startups valued at $22 bi..

Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit

Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit

TOKYO (Reuters) – Japan’s Mitsubishi Corp expects no operational problems at the Sakhalin-2 liquefied natural gas (LNG) pr..

Honda to recall about 1.2 million vehicles in US – NHTSA

Honda to recall about 1.2 million vehicles in US – NHTSA

(Reuters) – Honda Motor Co is recalling about 1.2 million vehicles in the United States due to an issue with the rearview camera..