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..
News
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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..
News
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..
Finance
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..
News
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..
News
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..
News
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 ..
News
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..
Business
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..
News
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..
News
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..
News
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..
News
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..
News
Manchester United tanks on report Glazers may avoid sale with new investment
(Reuters) – Shares of Manchester United PLC fell 13% on Monday after a report said the Glazer family was confident of securing ..
Investment
Glencore courts 120 Teck investors for bid backing as spinoff vote looms -source
LONDON (Reuters) -Glencore executives have met or spoken with some 120 Teck Resources shareholders during a short visit to Toronto to ..
News
EU lawmakers call for summit to control ‘very powerful’ AI
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) -EU lawmakers urged world leaders on Monday to hold a summit to fi..
News
Britain seeks to boost banking services from fintechs
By Huw Jones LONDON (Reuters) – Britain’s financial regulators said on Monday they would set up a new body over the next ..
News
Analysis-Rocket startups face adapt-or-die moment amid investment drought
By Joey Roulette WASHINGTON (Reuters) – Demand for sending satellites into space remains strong, but U.S. rocket startups are t..
News
Banking stability worries go behind closed doors at IMF-World Bank meetings
By David Lawder and Andrea Shalal WASHINGTON (Reuters) – Just a month after the biggest banking crisis in more than a decade, t..
Politics
Dollar hits one-month high against yen as traders bet on Fed rate hike
By Harry Robertson LONDON (Reuters) – The dollar climbed to a one-month high against Japan’s yen on Monday as traders eye..
News
Agnellis’ Exor eyes further healthcare investment for expansion
MILAN (Reuters) -Exor the holding company of Italy’s Agnelli family, will seek further opportunities to expand in healthcare aft..
News
Shareholder group ISS backs Barclays board over former CEO Staley
LONDON (Reuters) -Institutional Shareholder Services (ISS) has recommended Barclays investors re-elect all board members at next month..
News
Sega Sammy says it is considering buying Angry Birds maker Rovio
TOKYO (Reuters) – Japan’s Sega Sammy Holdings Inc said on Monday it was considering acquiring Finland’s Rovio Enter..
News
Volkswagen to partner on Indonesia EV battery ecosystem -minister
JAKARTA (Reuters) – Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with miner V..
News
Australian court approves BHP’s $6.4 billion OZ Minerals takeover
(Reuters) – Global miner BHP Group Ltd said on Monday the Federal Court of Australia had approved its A$9.6 billion ($6.44 bill..
News
At China’s largest trade fair, exporters worry about world economy
GUANGZHOU (Reuters) -Chinese exporters exhibiting their products at the country’s largest trade fair said the weak global econom..
News
France’s Ynsect to refocus bug business after capital increase
PARIS (Reuters) – French insect-based ingredients maker Ynsect will refocus its strategy on high-margin markets like pet food, s..
News
Soccer-Jittery Arsenal losing their grip with summit in sight
LONDON (Reuters) -Even when Arsenal were building a daunting lead at the top of the Premier League and excitement was building in nort..
News
Bootmaker Dr Martens warns on profit as finance chief walks
(Reuters) -Dr Martens issued its third profit warning in five months on Friday, as it struggled with higher-than-expected costs at a n..
Business
Oil heads for weekly rise after IEA predicts record demand
NEW YORK (Reuters) -Oil prices were up on Friday and headed for a fourth straight week of gains after the West’s energy watchdog..
News
Exclusive-Nissan takes its own road, minus Renault, in seeking tech tie-up
By Norihiko Shirouzu and Maki Shiraki (Reuters) -Nissan is developing growth plans in areas such as software and electric vehicles (E..
Business
No evidence yet showing which animal COVID may have come from, says former head of China CDC
No evidence yet showing which animal COVID may have come from, says former head of China CDC (Refiles to fix typo on first paragraph) ..
Opinion
EU moves to clarify ‘sustainable’ investments after fund downgrades
LONDON (Reuters) – The European Union’s executive body sought on Friday to clarify how investment products can be sold as ..
Investment
European privacy watchdog creates ChatGPT task force
BRUSSELS (Reuters) -The body that unites Europe’s national privacy watchdogs said on Thursday it had set up a task force on Chat..
Cyber Security
US Senate leader Schumer calls for AI rules as ChatGPT surges in popularity
WASHINGTON (Reuters) -Senate Majority Leader Chuck Schumer said Thursday he had launched an effort to establish rules on artificial in..
News
Spain offers to pay companies testing a 4-day work week
By Belén Carreño MADRID (Reuters) – Spanish companies with fewer than 250 workers have one month to apply for a pilot government..
Business
Analysis-LVMH’s caution points to Americans’ waning lust for luxury
By Mimosa Spencer PARIS (Reuters) – Luxury shoppers in the United States are curtailing purchases of high-end fashion and leathe..
Business