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..
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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 ..
Companies
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..
Companies
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..
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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..
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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..
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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..
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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..
Companies
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..
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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 ..
Digital
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..
Business
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 ..
Companies
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..
Companies
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..
Companies
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..
Companies
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..
Companies
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..
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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 ..
Companies
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..
Companies
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 ..
Companies
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..
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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..
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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..
Companies
European shares set for worst week in three months, Siemens Energy plunges
By Shreyashi Sanyal (Reuters) -European shares dipped on Friday at the end of a central bank policy-packed week that reinforced views..
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UK consumer morale touches 17-month high despite inflation pain – GfK
LONDON (Reuters) – British consumer sentiment hit its highest level since January 2022 as households turn more optimistic about ..
Companies
Investors increase bets on UK recession as rate hikes bite
By Naomi Rovnick and Harry Robertson LONDON (Reuters) -Markets are doubling down on bets for a UK recession after the Bank of England..
Companies
Exclusive-India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark -sources
NEW DELHI (Reuters) – Indian state-run refiner BPCL is in talks with Rosneft to buy about 6 million metric tons (43.8 million ba..
Companies
Lithium producers warn global supplies may not meet electric vehicle demand
LAS VEGAS (Reuters) – Lithium producers are growing anxious that delays in mine permitting, staffing shortages and inflation may..
Companies
Saudi’s SAMI signs pact with Safran Helicopter Engines for engine maintenance
(Reuters) – State-owned Saudi Arabian Military Industries(SAMI) signed an agreement with France’s Safran Helicopter Engine..
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Microsoft says new computing service for chemicals can slash R&D time
By Stephen Nellis Microsoft Corp on Wednesday introduced a new computing service aimed at helping chemical companies speed up the res..
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Aegon bets on Transamerica to boost cash flow and dividend in 2025
(Reuters) -Transamerica owner Aegon on Thursday forecast a higher free cash flow and dividend in 2025, flagging untapped potential in ..
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Britain says insurer capital rule changes to start by end of 2023
By Huw Jones LONDON (Reuters) -Britain’s finance ministry said on Thursday that the first batch of post-Brexit reforms to ̵..
Companies
Analysis-For EV batteries, lithium iron phosphate narrows the gap with nickel, cobalt
DETROIT (Reuters) – As the auto industry scrambles to produce more affordable electric vehicles, whose most expensive components..
Companies
Swiss National Bank calls for new measures after Credit Suisse crash
By Noele Illien ZURICH (Reuters) -The Swiss National Bank (SNB) on Thursday said it was crucial to draw lessons from the Credit Suiss..
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Nasdaq expects expanded markets to justify $10.5 billion Adenza merger price tag
By John McCrank NEW YORK (Reuters) – Nasdaq’s eye-popping $10.5 billion bet on the little known financial software compan..
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Intelsat, SES end merger talks – source
By Nilutpal Timsina (Reuters) -Intelsat has ended merger talks with SES SA, a source familiar with the matter told Reuters on Wednesd..
News
Hive launches in the UK to give D2C merchants access to European consumers
In the aftermath of London Tech Week, German fulfilment startup, Hive, has announced its U.K. launch as it aims to generate 200 new U...
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