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MG Motor launches plug-in hybrid option in Mexico as EV race heats up

MG Motor launches plug-in hybrid option in Mexico as EV race heats up

By Kylie Madry MEXICO CITY (Reuters) – MG Motor is launching a plug-in hybrid SUV in Mexico, the carmaker said on Thursday, as ..

Marketmind: Purchasing managers of the world, diverge

Marketmind: Purchasing managers of the world, diverge

A look at the day ahead in European and global markets from Tom Westbrook A month-long risky-asset rally, in the absence of any furthe..

German govt to slightly raise 2023 GDP forecast – sources

German govt to slightly raise 2023 GDP forecast – sources

German govt to slightly raise 2023 GDP forecast – sources By Holger Hansen BERLIN (Reuters) -The German government is set to sli..

Siemens Energy signs 7-billion-eur offshore power deal with TenneT

Siemens Energy signs 7-billion-eur offshore power deal with TenneT

BERLIN (Reuters) – Siemens Energy has won contracts worth almost 7 billion euros ($7.68 billion) as part of a consortium with Sp..

IKEA plans new U.S. stores in $2.2 billion push to challenge Walmart and Wayfair

IKEA plans new U.S. stores in $2.2 billion push to challenge Walmart and Wayfair

By Helen Reid LONDON (Reuters) – IKEA stores owner Ingka Group will spend 2 billion euros ($2.2 billion) expanding in the Unite..

PGE signs wind turbine supply deal for Baltica 2

PGE signs wind turbine supply deal for Baltica 2

GDANSK (Reuters) – Poland’s biggest utility PGE said on Thursday a unit of the company had signed a deal with Siemens Game..

Investors warn big consumer firms over price hikes as competitors gain

Investors warn big consumer firms over price hikes as competitors gain

LONDON/NEW YORK (Reuters) – Consumer goods companies like P&G, Unilever and Nestle should start easing price increases as su..

GSK-spinoff Haleon forecasts 2023 organic revenue growth at top-end of view

GSK-spinoff Haleon forecasts 2023 organic revenue growth at top-end of view

(Reuters) – Consumer healthcare group Haleon expects 2023 organic revenue growth towards the upper end of its 4%-6% forecast, it..

Analysis-Crisis radar falls on fault lines in Europe’s commercial property

Analysis-Crisis radar falls on fault lines in Europe’s commercial property

LONDON (Reuters) – European banks appear better positioned than U.S. peers to weather any stress from commercial property after ..

Renault revenues rise 30% in Q1 on higher sales and prices

Renault revenues rise 30% in Q1 on higher sales and prices

PARIS (Reuters) -French car maker Renault said on Thursday revenues had grown by 30% in the first quarter thanks to a rebound in sales..

German automakers fight to defend their turf from Chinese rivals

German automakers fight to defend their turf from Chinese rivals

SHANGHAI/BERLIN (Reuters) -German automakers have turned up in full force at Shanghai’s Auto Show as they fight to stay on top o..

IBM beats first-quarter profit estimates, signals demand holding up

IBM beats first-quarter profit estimates, signals demand holding up

(Reuters) -IBM Corp beat Wall Street expectations for first-quarter profit on Wednesday and signaled demand for IT services was better..

Portugal PM welcomes Lufthansa’s interest in TAP, Scholz sees good fit

Portugal PM welcomes Lufthansa’s interest in TAP, Scholz sees good fit

LISBON (Reuters) – Portuguese Prime Minister Antonio Costa welcomed the interest expressed by Lufthansa in the upcoming privati..

EU lawmakers back ban on goods linked to deforestation

EU lawmakers back ban on goods linked to deforestation

By Kate Abnett BRUSSELS (Reuters) -The European Parliament approved a landmark deforestation law on Wednesday to ban imports into the ..

Testing waters, Hungary’s central bank flags cut in top end of rate corridor

Testing waters, Hungary’s central bank flags cut in top end of rate corridor

By Krisztina Than and Alan Charlish BUDAPEST (Reuters) – Hungary’s central bank could cut its 25% top collateralised loan..

Euro zone services booming but sentiment recovery may have stalled -ECB’s Lane

Euro zone services booming but sentiment recovery may have stalled -ECB’s Lane

DUBLIN (Reuters) -Growth in services across the euro zone is still accelerating but the steady improvement in business and consumer se..

UK’s Heathrow, airlines appeal regulator’s landing fee cut

UK’s Heathrow, airlines appeal regulator’s landing fee cut

By Sarah Young LONDON (Reuters) -A cut to the fees Britain’s Heathrow can charge airlines faces separate appeals from the airpo..

TIM shares slide as reported grid bids disappoint

TIM shares slide as reported grid bids disappoint

ROME/MILAN (Reuters) – Shares in Telecom Italia (TIM) tumbled more than 5% on Wednesday on disappointment at the reported valuat..

Heineken sees Europe resilience offseting Asia slowdown risk

Heineken sees Europe resilience offseting Asia slowdown risk

By Philip Blenkinsop BRUSSELS (Reuters) -Heineken maintained its forecast for 2023 profit growth with the risk of slower economic exp..

How can businesses measure ROI, using both soft and hard data? And how do they come together?

How can businesses measure ROI, using both soft and hard data? And how do they come together?

  Rowan Jackson   Eric     Daria Polończyk Organisations can now measure the suc..

Achieving transparency in the VCM through blockchain technology

Achieving transparency in the VCM through blockchain technology

By Ela Khodai from Toucan Protocol The Voluntary Carbon Market (VCM) can be a valuable tool in financing climate solutio..

Oil dips as potential Fed rate hike overshadows falling stocks

Oil dips as potential Fed rate hike overshadows falling stocks

By Laila Kearney and Muyu Xu (Reuters) -Oil dropped on Wednesday as the market weighed potential interest rate hikes from the U.S. Fe..

Just Eat Takeaway raises 2023 guidance, launches buyback

Just Eat Takeaway raises 2023 guidance, launches buyback

(Reuters) -Just Eat Takeaway.com NV raised its 2023 adjusted core profit outlook on Wednesday, saying it continues to make good progre..

Allianz puts N26 stake up for sale at $3 billion valuation – FT

Allianz puts N26 stake up for sale at $3 billion valuation – FT

(Reuters) – A unit of Allianz SE has put about 5% of its stake in German online bank N26 up for sale at a steep discount, valuin..

US FTC leaders will target AI that violates civil rights or is deceptive

US FTC leaders will target AI that violates civil rights or is deceptive

WASHINGTON (Reuters) – Leaders of the U.S. Federal Trade Commission said on Tuesday the agency would pursue companies who misus..

Crypto firms will develop ‘offshore’ without clear US rules, Coinbase chief says

Crypto firms will develop ‘offshore’ without clear US rules, Coinbase chief says

LONDON (Reuters) -The U.S. and Britain should make their rules for the crypto industry much clearer to prevent firms from developing i..

Dollar slips after upbeat China data; euro, pound rise

Dollar slips after upbeat China data; euro, pound rise

By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) – The dollar fell against most major currencies on Tuesday after bett..

France’s Macron promises government action plan in next 100 days

France’s Macron promises government action plan in next 100 days

PARIS (Reuters) -French President Emmanuel Macron on Monday gave himself 100 days to heal the country after weeks of protests and ange..

Business insolvency in England and Wales soars in March

Business insolvency in England and Wales soars in March

LONDON (Reuters) – More companies in England and Wales entered insolvency during March than at any point since monthly records s..

Germany added 35% more electric car charge points in 2022, says BDEW

Germany added 35% more electric car charge points in 2022, says BDEW

FRANKFURT (Reuters) – The number of electric vehicle charging points in Germany rose by 35% last year, exceeding the rate of inc..

GSK bets $2 billion on Bellus cough drug to soothe pipeline fears

GSK bets $2 billion on Bellus cough drug to soothe pipeline fears

By Natalie Grover and Aby Jose Koilparambil (Reuters) -GSK plans to buy Canada-based drug developer Bellus Health Inc in an all-cash ..

How returnship programs help women — and deliver strong ROI to the companies that invest in them

How returnship programs help women — and deliver strong ROI to the companies that invest in them

Stacy Critzer By Stacy Critzer, chief human resources officer for Unanet Back in 2021, at the peak of the Covid-19 pandem..

UK unemployment edges up but pay growth beats forecasts

UK unemployment edges up but pay growth beats forecasts

By David Milliken LONDON (Reuters) -Britain’s unemployment rate rose unexpectedly in the three months to February but pay growt..

Takeover-target THG misses downgraded 2022 earnings guidance

Takeover-target THG misses downgraded 2022 earnings guidance

LONDON (Reuters) – THG, the online retail platform that said on Monday it had received an approach, missed its downgraded expect..

UBS makes changes to buyback programme following Credit Suisse takeover

UBS makes changes to buyback programme following Credit Suisse takeover

ZURICH (Reuters) -UBS on Tuesday said it was making changes to its $6 billion share buyback programme following its takeover of Credit..

Ericsson’s quarterly core profit misses expectations

Ericsson’s quarterly core profit misses expectations

STOCKHOLM (Reuters) -Sweden’s Ericsson on Tuesday reported first-quarter core earnings that missed expectations as telecom cust..

Northvolt and Scania unveil battery for heavy trucks

Northvolt and Scania unveil battery for heavy trucks

STOCKHOLM(Reuters) – Truck-maker Scania and battery producer Northvolt on Tuesday said they had developed an electric battery wi..