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German economy faces uphill climb as industrial output falls

German economy faces uphill climb as industrial output falls

BERLIN (Reuters) – A swift economic recovery for Germany appeared less likely ..

Telefonica sells controlling stake in Peruvian fibre optic network to KKR

Telefonica sells controlling stake in Peruvian fibre optic network to KKR

MADRID (Reuters) – Telefonica has sold a 54% stake in its fibre optic network..

Stocks squeal as borrowing costs return to banking crisis highs

Stocks squeal as borrowing costs return to banking crisis highs

LONDON (Reuters) – World stocks fell for a third straight day on Thursday, as ..

Berlusconi leaves control of family business to two eldest children

Berlusconi leaves control of family business to two eldest children

MILAN (Reuters) – Silvio Berlusconi’s eldest children Marina and Pier Si..

Travel agency Booking to defend ETraveli deal at July 7 EU hearing

Travel agency Booking to defend ETraveli deal at July 7 EU hearing

BRUSSELS (Reuters) – Online travel agency Booking Holdings will on Friday try ..

Oil steadies as market digests supply and demand outlook

Oil steadies as market digests supply and demand outlook

LONDON (Reuters) -Oil prices were little changed on Thursday as the market digested ..

Meta takes aim at Twitter with Threads app, millions join

Meta takes aim at Twitter with Threads app, millions join

NEW YORK (Reuters) -Meta Platforms on Wednesday launched a direct challenge to Twitt..

Nissan will not fill COO position left open by Gupta’s departure

Nissan will not fill COO position left open by Gupta’s departure

TOKYO (Reuters) – Nissan Motor Co has decided to not fill in the chief operati..

Hungary not getting EU recovery funds would hit credibility – Fitch

Hungary not getting EU recovery funds would hit credibility – Fitch

BUDAPEST (Reuters) – Any failure by Hungary to pass reforms to unlock European..

Accor plans to add more than 1,200 hotels

Accor plans to add more than 1,200 hotels

(Reuters) -Accor plans to open more than 1,200 hotels in the next five years, increa..

Indonesia’s Pertamina, Electrum sign battery packs development deal

Indonesia’s Pertamina, Electrum sign battery packs development deal

JAKARTA (Reuters) – Indonesia’s state energy company Pertamina said late..

Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal

Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal

KUALA LUMPUR (Reuters) –     Petronas said on Tuesday it has signed a develop..

Illumina starts job cuts, plans office exit to rein in costs

Illumina starts job cuts, plans office exit to rein in costs

(Reuters) -Illumina Inc has commenced job cuts, the genetic sequencing equipment ma..

Euronext to sell 11.1% stake in LCH SA to LCH Group

Euronext to sell 11.1% stake in LCH SA to LCH Group

PARIS (Reuters) -European stock market operator Euronext said on Monday it had agre..

Explainer-Top Indian startup Byju’s battles auditor criticism, board exits

Explainer-Top Indian startup Byju’s battles auditor criticism, board exits

By M. Sriram MUMBAI (Reuters) – Education technology giant Byju’s, one ..

Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit

Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit

TOKYO (Reuters) – Japan’s Mitsubishi Corp expects no operational problem..

European shares set for worst week in three months, Siemens Energy plunges

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 cen..

Saudi’s SAMI signs pact with Safran Helicopter Engines for engine maintenance

Saudi’s SAMI signs pact with Safran Helicopter Engines for engine maintenance

(Reuters) – State-owned Saudi Arabian Military Industries(SAMI) signed an agre..

Microsoft says new computing service for chemicals can slash R&D time

Microsoft says new computing service for chemicals can slash R&D time

By Stephen Nellis Microsoft Corp on Wednesday introduced a new computing service ai..

Aegon bets on Transamerica to boost cash flow and dividend in 2025

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..

Swiss National Bank calls for new measures after Credit Suisse crash

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..

Nasdaq expects expanded markets to justify $10.5 billion Adenza merger price tag

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..

Intelsat, SES end merger talks – source

Intelsat, SES end merger talks – source

By Nilutpal Timsina (Reuters) -Intelsat has ended merger talks with SES SA, a sourc..

Oil rallies as grain markets tighten, dollar falls on Fed Chair comments

Oil rallies as grain markets tighten, dollar falls on Fed Chair comments

By Shariq Khan BENGALURU (Reuters) -Oil prices gained a dollar a barrel on Wednesda..

Combatting churn: How subscription businesses can use technology to maximise customer retention

Combatting churn: How subscription businesses can use technology to maximise customer retention

The subscription economy has reinvented the way we consume goods and ser..

French send deep diving robot to help Titanic sub search

French send deep diving robot to help Titanic sub search

PARIS (Reuters) – A French robot that can dive to 20,000 feet (6,000 metres) u..

Factbox-Aviation emissions targets in focus at Paris Airshow

Factbox-Aviation emissions targets in focus at Paris Airshow

PARIS (Reuters) – Big deals at this week’s Paris Airshow have highlighte..

UK manufacturers see lowest inflation since Feb 2021 – CBI

UK manufacturers see lowest inflation since Feb 2021 – CBI

LONDON (Reuters) – British manufacturers expect to raise prices by the smalles..

German recession will be sharper than expected: Ifo

German recession will be sharper than expected: Ifo

BERLIN (Reuters) -The German economy will contract more than previously expected thi..

UK’s Berkeley forecasts 20% drop in house sales as interest rates rises weigh

UK’s Berkeley forecasts 20% drop in house sales as interest rates rises weigh

By Suban Abdulla and Aby Jose Koilparambil (Reuters) -British high-end housebuilder..

UK’s Halfords expects pricing efforts to drive profits

UK’s Halfords expects pricing efforts to drive profits

LONDON (Reuters) -Halfords forecast profit would rise 3% in its current financial ye..

European car sales rise in May – ACEA

European car sales rise in May – ACEA

BERLIN (Reuters) – European new car registrations increased in May, data from..

Mastercard launches global plan to recycle credit cards

Mastercard launches global plan to recycle credit cards

LONDON (Reuters) – Payments company Mastercard on Wednesday launched a global ..

Abu Dhabi’s ADNOC in almost $11 billion approach for Covestro -sources

Abu Dhabi’s ADNOC in almost $11 billion approach for Covestro -sources

(Reuters) -Abu Dhabi National Oil Company (ADNOC) has approached German plastics and..

UK fines WH Smith, M&S and others for not paying minimum wage

UK fines WH Smith, M&S and others for not paying minimum wage

LONDON (Reuters) – Britain has fined more than 200 companies, including top re..

Italy’s Brembo to move to Amsterdam to increase M&A options

Italy’s Brembo to move to Amsterdam to increase M&A options

MILAN (Reuters) – Italy’s Brembo is to move its legal headquarters to t..

Nasdaq to transfer European power business to EEX bourse

Nasdaq to transfer European power business to EEX bourse

FRANKFURT/OSLO (Reuters) -Nasdaq will transfer its European power trading and cleari..