News

General, health insurance help Aviva to H1 profit beat

General, health insurance help Aviva to H1 profit beat

LONDON (Reuters) -British insurer Aviva posted an 8% rise in first-half operating p..

ESA chief sees Ariane 6 debut launch delayed to next year

ESA chief sees Ariane 6 debut launch delayed to next year

PARIS (Reuters) – The first launch of Europe’s new Ariane 6 rocket has s..

UK inflation rate slows to 6.8% in July

UK inflation rate slows to 6.8% in July

LONDON (Reuters) – British annual consumer price inflation slowed to 6.8% in J..

Marketmind: Stock markets tense as China gloom builds

Marketmind: Stock markets tense as China gloom builds

A look at the day ahead in European and global markets from Brigid Riley China̵..

Norway wealth fund to firms: use AI, but do it responsibly

Norway wealth fund to firms: use AI, but do it responsibly

OSLO (Reuters) – Norway’s $1.4 trillion wealth fund, the world’s s..

As World Cup breaks records, Adidas, Nike navigate bumps in retail demand

As World Cup breaks records, Adidas, Nike navigate bumps in retail demand

LONDON/AUCKLAND (Reuters) – The unpredictability of the Women’s World Cu..

Lufthansa’s Eurowings sees positive operating result in FY 23

Lufthansa’s Eurowings sees positive operating result in FY 23

FRANKFURT (Reuters) – Lufthansa’s budget subsidiary Eurowings expects a..

No sustained recovery on horizon for German economy -econ min

No sustained recovery on horizon for German economy -econ min

BERLIN (Reuters) – Germany’s economy is not likely to see a sustained r..

Agnelli family’s Exor buys $2.8 billion stake in Philips

Agnelli family’s Exor buys $2.8 billion stake in Philips

By Toby Sterling and Bart H. Meijer AMSTERDAM (Reuters) -Dutch investment firm Exor..

German network regulator names 2nd managing director of Rosneft Deutschland

German network regulator names 2nd managing director of Rosneft Deutschland

BERLIN (Reuters) – Germany’s network regulator on Monday said it had app..

Italy PM Meloni takes ‘full responsibility’ for bank tax

Italy PM Meloni takes ‘full responsibility’ for bank tax

MILAN (Reuters) -Italian Prime Minister Giorgia Meloni on Monday took “full r..

Analysis-Big losses in Russia-linked stocks have investors rethinking other depositary receipts

Analysis-Big losses in Russia-linked stocks have investors rethinking other depositary receipts

LONDON/NEW YORK (Reuters) – Global investors are losing confidence in securiti..

UK employers plan 5% pay rises, many resort to counteroffers: CIPD

UK employers plan 5% pay rises, many resort to counteroffers: CIPD

LONDON (Reuters) – British employers expect to raise pay by 5% over the coming..

Lloyd’s of London insurer Hiscox profit spikes on premium rise

Lloyd’s of London insurer Hiscox profit spikes on premium rise

By Carolyn Cohn LONDON (Reuters) -Lloyd’s of London insurer Hiscox posted a s..

Bottler Coca-Cola HBC lifts sales outlook

Bottler Coca-Cola HBC lifts sales outlook

(Reuters) -Coca-Cola HBC lifted its annual revenue forecast on Wednesday as the bott..

Germany’s Delivery Hero hikes 2023 revenue guidance

Germany’s Delivery Hero hikes 2023 revenue guidance

(Reuters) -German online takeaway food company Delivery Hero on Wednesday raised its..

Greek EU-harmonised inflation rises to 3.5% y/y in July

Greek EU-harmonised inflation rises to 3.5% y/y in July

(Reuters) – Greece’s annual EU-harmonised inflation accelerated to +3.5%..

No quick fix to reverse Antarctic sea ice loss as warming intensifies – scientists

No quick fix to reverse Antarctic sea ice loss as warming intensifies – scientists

SINGAPORE (Reuters) – Sea ice in the Antarctic region has fallen to a record l..

Fund manager abrdn’s assets hit by market volatility, shares dive

Fund manager abrdn’s assets hit by market volatility, shares dive

(Reuters) -Fund manager abrdn’s shares fell nearly 9% on Tuesday after it repo..

Video-gaming revenue to grow 2.6% in 2023 on console sales strength – report

Video-gaming revenue to grow 2.6% in 2023 on console sales strength – report

(Reuters) – Global video-games market would return to growth in 2023 on the ba..

WeWork rival IWG’s half-year profit surges on high demand, improved pricing

WeWork rival IWG’s half-year profit surges on high demand, improved pricing

(Reuters) -Office rental firm IWG retained a “cautiously optimistic” out..

Germany’s Fraport sees earnings boost on higher passenger volumes

Germany’s Fraport sees earnings boost on higher passenger volumes

(Reuters) -Frankfurt Airport operator Fraport on Tuesday updated its 2023 core profi..

Asian markets down, dollar up after weak China trade data

Asian markets down, dollar up after weak China trade data

By Scott Murdoch SYDNEY (Reuters) – Asian share markets were mostly weaker on..

UBS shuffles bank bosses in bid to better compete with Wall Street

UBS shuffles bank bosses in bid to better compete with Wall Street

LONDON/NEW YORK (Reuters) -UBS on Monday announced an overhaul of its investment ba..

TSMC to decide in favour of German factory on Tuesday – Handelsblatt

TSMC to decide in favour of German factory on Tuesday – Handelsblatt

BERLIN (Reuters) – Taiwanese semiconductor manufacturer TSMC’s board of..

After heatwave, looming typhoon forces scouts to evacuate South Korea campsite

After heatwave, looming typhoon forces scouts to evacuate South Korea campsite

By Hyunsu Yim and Ju-min Park SEOUL (Reuters) – Tens of thousands of youngste..

Heatwave caused higher than normal death rate in southern Italy

Heatwave caused higher than normal death rate in southern Italy

ROME (Reuters) – The central and southern regions of Italy recorded 7% more de..

BioNTech reduces drug development spend as COVID vaccine sales plunge

BioNTech reduces drug development spend as COVID vaccine sales plunge

FRANKFURT (Reuters) -Germany’s BioNTech, Pfizer’s partner on COVID-19 va..

German regulator rejects request for postage stamp price hike

German regulator rejects request for postage stamp price hike

BERLIN (Reuters) -Germany’s federal network regulator has rejected a request b..

Miners drag London stocks lower; Unite Group slips

Miners drag London stocks lower; Unite Group slips

(Reuters) -The UK’s exporter-heavy FTSE 100 index dipped on Monday, weighed do..

German space firm OHB plans to delist as KKR takes minority stake

German space firm OHB plans to delist as KKR takes minority stake

BERLIN (Reuters) -Germany’s OHB on Monday said U.S. financial investor KKR was..

Russia to evacuate village for first lunar lander mission in half century

Russia to evacuate village for first lunar lander mission in half century

(Reuters) – Russia will evacuate a village in its far east on Aug. 11 as part ..

Oil holds steady near four-month high on OPEC+ cuts

Oil holds steady near four-month high on OPEC+ cuts

By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices edged down on Monday..

Dollar on guard as US inflation test looms

Dollar on guard as US inflation test looms

SINGAPORE (Reuters) – The dollar was on the defensive on Monday after a mixed ..

Cycling-Men’s world championships race interrupted by climate protesters

Cycling-Men’s world championships race interrupted by climate protesters

GLASGOW (Reuters) -Protesters halted the elite men’s road race at the UCI Worl..

Huawei ban would cost German rail operator 400 million eur – Spiegel

Huawei ban would cost German rail operator 400 million eur – Spiegel

BERLIN (Reuters) – Germany’s national railway operator would have to sp..

Commerzbank shares slump on outlook, despite 20% profit rise

Commerzbank shares slump on outlook, despite 20% profit rise

By Tom Sims and Frank Siebelt FRANKFURT (Reuters) -Commerzbank’s shares sank ..