Ericsson beats US shareholder lawsuit over graft disclosures
(Reuters) – Swedish telecoms company Ericsson beat a lawsuit by U.S. shareholders on Wednesday, when a federal judge ruled it di..
News
News
Dollar gains after Fitch watch heightens debt ceiling jitters
TOKYO (Reuters) – The dollar pushed to a two-month peak against a basket of its peers on Thursday as worries mounted about a dis..
News
Enel suspends Colombia wind farm construction after years of protests
BOGOTA (Reuters) – The Colombian unit of Italy’s biggest utility, Enel, indefinitely suspended the construction of a wind..
News
UK car output up 9.9% y-o-y in April as supply chain issues ease
(Reuters) – The number of cars made in Britain rose by 9.9% year-over-year in April as easing supply chain snarls helped boost p..
News
BoE’s Bailey says ‘big lessons’ to be learned from UK inflation surge
By William Schomberg and Andy Bruce LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Tuesday the British central bank..
News
Watchdog proposes first set of global rules for crypto sector
By Huw Jones LONDON (Reuters) -International securities watchdog IOSCO unveiled on Tuesday the first global approach to regulating cr..
News
Denmark to boost healthcare with an extra $739 million per year
COPENHAGEN (Reuters) -Denmark will use stronger-than-expected economic growth to boost its healthcare system with an extra 5 billion D..
News
Germany’s Lufthansa orders four Airbus planes
(Reuters) – German flagship carrier Lufthansa signed a contract to purchase four additional Airbus A350-900 long-haul planes, th..
News
Drahi boosts stake in BT to 24.5%, will not make an offer
LONDON (Reuters) -Billionaire Patrick Drahi has increased his stake in BT to 24.5% but reiterated that he does not plan a full takeove..
News
High inflation helps to swell UK budget deficit in April
LONDON (Reuters) -Britain borrowed more than expected in April as high inflation pushed the government’s debt interest bill to a..
News
Services drive acceleration in German business activity in May -flash PMI
BERLIN (Reuters) – German business activity expanded for a fourth month running in May, driven exclusively by a services sector ..
News
UK meat producer Cranswick’s full-year profit rises on strong demand
(Reuters) -Cranswick Plc on Tuesday reported a rise in full-year profit, as the British meat producer saw strong demand for gourmet me..
News
Euro 7 emissions standard to cost many times EC forecasts -industry group
By Nick Carey LONDON (Reuters) – Proposed Euro 7 emissions regulations will lead to direct costs for auto manufacturers that ar..
News
Julius Baer reports modest money inflows after slow start to 2023
ZURICH (Reuters) -Julius Baer reported on Tuesday a modest rise in assets under management and money inflows in the first four months ..
News
Meta fined $1.3 billion over data transfers to US – WSJ
(Reuters) – Facebook owner Meta Platforms Inc has been fined $1.3 billion by European Union privacy regulators for sending user ..
News
Britain chips away at NatWest stake with $1.6 billion share sale
By Iain Withers and Amy-Jo Crowley LONDON (Reuters) -British state-backed bank NatWest has agreed to buy 1.3 billion pounds ($1.6 bil..
News
Explainer-How Wall Street is preparing for possible US debt default
NEW YORK/WASHINGTON (Reuters) – As talks over raising the U.S. government’s $31.4 trillion debt ceiling go down to the wir..
News
Markets edgy as US debt ceiling talks near crunch time
SYDNEY (Reuters) – Asian stocks and Wall Street futures struggled on Monday as U.S. debt ceiling negotiations approached crunch ..
News
Oil slips as U.S. debt caution offset supply concerns
SINGAPORE (Reuters) -Oil prices slipped on Monday as caution around the U.S. debt ceiling talks and concerns about demand recovery in ..
News
Energy costs for most British households to fall 18% from July -Cornwall Insight
LONDON (Reuters) – Energy costs for most British households are expected to fall around 18% from July with regulator Ofgem poise..
News
ECB needs to keep interest rates ‘sustainably high’ to combat inflation – Lagarde
By Jesús Aguado MADRID (Reuters) – The European Central Bank needs to keep interest rates high to curb inflation in the medium ..
News
Oil rebounds on fading risk of U.S. debt default
By Noah Browning LONDON (Reuters) -Oil prices rebounded on Friday from losses of more than 1% the previous day as investors turned ca..
News
Siemens Energy close to selling stake in Windar Renovables – source
(Reuters) – Siemens Energy is close to striking a deal to sell Siemens Gamesa’s 32% stake in Windar Renovables, a source c..
News
Stocks reach one-month high on U.S. debt ceiling hopes
LONDON, SINGAPORE (Reuters) -Global shares rose to a one-month high and the dollar trounced major currencies on Friday as markets refl..
News
UK’s Nationwide to pay 340 million pounds to customers after profit leap
LONDON (Reuters) -British lender Nationwide will pay its customers 340 million pounds ($429 million) through payments to their current..
News
Japan’s inflation stays above BOJ’s target, key gauge hits four-decade high
By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Japan’s core consumer inflation stayed well above the central bank’s 2..
News
Ripple buys crypto custody firm Metaco for $250 million
(This May 17 story has been corrected to clarify that the token is called XRP, not Ripple, in paragraph 9) By Elizabeth Howcroft LOND..
News
Burberry shares drop as weak US demand overshadows China rebound
LONDON (Reuters) -British luxury fashion brand Burberry on Thursday reported stronger-than-expected fourth quarter sales driven by a r..
News
Aston Martin stock soars after $295 million on Geely investment
(Reuters) -Aston Martin’s stock popped nearly 22% on Thursday, after the luxury carmaker announced a 234 million pound investmen..
News
Japanese businesses pledge UK investment ahead of Sunak meeting
LONDON (Reuters) – Japanese businesses have committed to invest almost 18 billion pounds ($23 billion) in Britain ahead of a mee..
News
Australia’s push for faster EV uptake will be slow to charge
(This May 17 story has been corrected to say the rollout of chargers started small due to grid issues, not scaled back due to grid iss..
News
Credit Suisse bond wipe-out will not trigger credit insurance payout
LONDON (Reuters) -Holders of credit insurance linked to Credit Suisse bonds will not get a payout after a committee that adjudicates o..
News
Southern Europe braces for climate change-fuelled summer of drought
By Kate Abnett BRUSSELS (Reuters) -Southern Europe is bracing for a summer of ferocious drought, with some regions already suffering ..
News
UK has held productive discussions with EU over car tariffs – minister
UK has held productive discussions with EU over car tariffs – minister LONDON (Reuters) – Britain has had productive discu..
News
Mitchells & Butlers pub group says costs start to ease
By Radhika Anilkumar (Reuters) -British pub and restaurant group Mitchells & Butlers PLC reported a fall in half-year profits on ..
News
Low unemployment amongst young driving demand, says JD Sports boss
LONDON (Reuters) – Historically low unemployment for the young is driving demand for JD Sports Fashion’s trainers, jogger..
News
European shares weighed by US debt ceiling concerns, slide in financials
(Reuters) – European shares slipped on Wednesday as concerns about whether the United States can avoid a debt default, as well a..
News