Britain’s National Grid expects to meet electricity demand this winter
LONDON (Reuters) -Britain’s National Grid expects to have enough capacity to meet demand for electricity this winter and will ke..
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Uber to cease food delivery in Italy, exit Israel
AMSTERDAM (Reuters) – Uber said on Thursday it will shut its food delivery business in Italy and exit Israel, where it has not ..
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UK’s FTSE 100 dips on scope of tighter monetary policy; Informa jumps
(Reuters) -UK’s benchmark FTSE 100 dipped on Thursday, dragged down by miners’ stocks amid prospects of global monetary po..
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Analysis-Spasms in UK mortgage market spell pain for homeowners, economy
By Andy Bruce and Sinead Cruise LONDON (Reuters) – Bedlam in Britain’s 1.5 trillion-pound ($1.9 trillion) mortgage market..
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Bain Capital makes $3.2 billion offer for SoftwareOne, board says it’s too low
ZURICH (Reuters) – Bain Capital Private Equity has made an offer for SoftwareOne which values the Swiss software management comp..
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Hugo Boss shrugs off weaker U.S. sentiment
(Reuters) -German fashion house Hugo Boss on Thursday raised its 2025 sales target, betting on strong demand across its markets as it ..
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HSBC, StanChart face pressure from Hong Kong to take on crypto clients – FT
(Reuters) -HSBC and Standard Chartered are among lenders facing pressure from Hong Kong’s banking regulator to take on crypto e..
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Unilever to scoop up frozen yogurt brand Yasso
(Reuters) – Unilever said on Wednesday it is set to acquire frozen yogurt brand Yasso Holdings in North America, adding to its r..
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Binance has not sold either bitcoin or Binance Coin, CEO says
(Reuters) -Cryptocurrency exchange Binance has not sold either bitcoin or Binance Coin, its native token, the company’s CEO Cha..
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OMV Petrom makes largest crude oil discovery in decades
BUCHAREST (Reuters) -Romanian oil and gas group OMV Petrom, majority-controlled by Austria’s OMV, said on Tuesday it discovered..
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Manchester United shares climb on speculations over takeover bid
(Reuters) -Manchester United’s shares were up 15% in premarket trading on Tuesday after a report hinted that Qatar’s Shei..
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Britain’s COVID inquiry launches with pledge to put bereaved at its heart
LONDON (Reuters) – The chair of Britain’s COVID-19 inquiry pledged to put the bereaved and those who suffered at the hear..
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UK supermarket Asda freezes prices of 500 products
LONDON (Reuters) -Asda, Britain’s third largest supermarket group, has frozen the prices of over 500 products until the end of A..
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NATO to set up liaison office in Tokyo, strengthen links in region – Nikkei
TOKYO (Reuters) – NATO will set up a liaison office in Tokyo in 2024 and use it as a hub for cooperation with South Korea, Austr..
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BlackRock fund targets greening of materials sector
LONDON (Reuters) – BlackRock on Tuesday launched the “Brown to Green Materials Fund” targeting undervalued carbon-in..
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IKEA bets on remote interior design as AI changes sales strategy
LONDON (Reuters) – IKEA is training call centre workers to become interior design advisers as the Swedish furniture giant aims t..
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Domino’s Pizza to shut 27 stores in Denmark, Australian construction and supply arm
By Navya Mittal (Reuters) – Australia’s Domino’s Pizza Enterprises said on Tuesday it would shut 27 stores in Denma..
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Rio Tinto inks deal to bring iron ore rail car manufacturing to Pilbara
(Reuters) – Mining giant Rio Tinto said on Tuesday it will partner with Western Australia-based Gemco Rail to bring local iron ..
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Oracle beats quarterly revenue estimates on cloud services demand
(Reuters) -Oracle on Monday topped fourth-quarter revenue estimates and forecast an upbeat first quarter, driven by growing demand for..
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UN chief backs idea of global AI watchdog like nuclear agency
By Michelle Nichols UNITED NATIONS (Reuters) – U.N. Secretary-General Antonio Guterres on Monday backed a proposal by some arti..
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Georg Fischer makes rival bid for Finland’s Uponor, driving up shares
COPENHAGEN (Reuters) – Swiss industrial group Georg Fischer (GF) on Monday made a rival offer for plumbing and heating systems m..
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Dollar edges lower as Fed pause eyed in busy central bank week
By Samuel Indyk and Rae Wee LONDON (Reuters) – The dollar slipped on Monday as traders stayed on guard ahead of policy decision..
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Singapore Airlines appoints first female CFO
(Reuters) -Singapore Airlines said on Monday it appointed insider JoAnn Tan as its first female chief financial officer to replace Tan..
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Odey Asset Management says not gating funds in Crispin Odey succession
By Nell Mackenzie LONDON (Reuters) – Odey Asset Management is not considering imposing exit restrictions on investors in any of..
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Exclusive-Broadcom set to win EU nod for $61 billion VMware deal, sources say
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billi..
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Westpac to layoff 300 workers in business and retail unit, says trade union
(Reuters) – Australian lender Westpac Banking Corp will cut around 300 jobs in its consumer and business banking segments at a ..
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British supermarket Waitrose cuts prices on 200 products
LONDON (Reuters) – British supermarket group Waitrose said on Monday it had reduced the price of more than 200 products as part ..
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German media group Axel Springer eyes AI acquisitions
BERLIN (Reuters) – German media giant Axel Springer will establish a dedicated mergers-and-acquisitions team to look at firms s..
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Two-speed economy in Sweden, central bank business survey shows
STOCKHOLM (Reuters) – Sweden’s economy is split between export and manufacturing businesses which are doing well and reta..
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Tesco reported to competition watchdog by consumer group over pricing concerns
LONDON (Reuters) -Tesco, Britain’s biggest retailer, has been reported to the competition regulator by consumer group Which? ove..
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AstraZeneca signs $2 billion agreement with Quell to develop cell therapies
(Reuters) – AstraZeneca said on Friday it had signed an agreement with Quell Therapeutics potentially worth more than $2 billion..
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Nomura’s India head of investment banking steps down -sources
NEW DELHI/HONG KONG (Reuters) -Nomura Holdings’ India Head of Investment Banking Utpal Oza has stepped down from the firm, sourc..
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Dassault Systemes targets doubling of earnings per share by 2028, announces new CEO
(Reuters) -French software provider Dassault Systemes on Friday forecast a doubling of its earnings per share (EPS) by 2028, and anno..
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Japanese investors plan to sue MUFG unit over Credit Suisse bonds – Nikkei
(Reuters) – A group of Japanese investors are planning to file lawsuits against some brokerages based in the country, including..
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Asia shares lifted by Fed pause bets; China real estate retreats
By Kevin Buckland TOKYO (Reuters) – Asia-Pacific equities rose to their highest level since mid-February on Friday, taking cues..
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Analysis-US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice
By Hannah Lang WASHINGTON (Reuters) -Other U.S. crypto exchanges are likely to be in the firing line after the Securities and Exchang..
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FTX U.S. judge expresses doubts about parallel Bahamian bankruptcy
By Dietrich Knauth NEW YORK (Reuters) – The judge overseeing FTX’s U.S. bankruptcy said Thursday that he would not defer ..
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