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
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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
Bank of England fines former TSB executive over 2018 IT failure
LONDON (Reuters) -The Bank of England said on Thursday it had fined TSB Bank’s former chief information officer Carlos Abarca 81..
News
Stocks and gold cheer U.S. inflation picture, while dollar slides
LONDON (Reuters) -Global shares rose on Thursday, while the dollar held near two-month lows after U.S. inflation data suggested the Fe..
News
India opens new investigation into BBC in widening crackdown
NEW DELHI (Reuters) -India’s financial crime-fighting agency has opened an investigation into alleged violations of foreign exch..
News
Schneider and GreenYellow target smaller businesses with energy saving technology
PARIS (Reuters) – Schneider Electric and solar startup GreenYellow will target small- and medium-sized European companies hurtin..
News
Lack of electric vans opens door for Chinese, other EV makers
By Nick Carey LONDON (Reuters) – Legacy automakers got off to a late start with their commercial electric vans, opening the doo..
News
Sovereign debtors, creditors agree on steps to jumpstart debt restructurings
WASHINGTON (Reuters) – Global creditors, debtor nations and international financial institutions on Wednesday agreed ways to jum..
News
BoE’s Bailey says bank reforms worked but questions about liquidity buffers
(Reuters) -Bank of England Governor Andrew Bailey said bank reforms enacted after the global financial crisis of 2007-09 worked during..
News
G7 finance leaders pledge financial stability, supply chain diversity
WASHINGTON (Reuters) -Group of Seven (G7) finance leaders pledged on Wednesday to take action to maintain the stability of the global ..
News
UK housing market weakness continues, improvement on the horizon – RICS
By Suban Abdulla LONDON (Reuters) – Britain’s housing market continued to feel the pinch of higher borrowing costs in Marc..
News
Dollar drops as inflation cools more than expected
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expect..
Finance
Oil jumps on lower-than-expected US inflation data
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Wednesday as cooling U.S. inflation data spurred hopes that the Federal Res..
News
How can digital pr improve your brand’s presence in 2023?
The best PR agencies use a mix of traditional tactics and digital PR services to get the best outcomes. The truth though ..
Business