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..
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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..
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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..
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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..
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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 ..
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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..
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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..
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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 ..
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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 ..
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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..
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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..
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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 ..
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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 ..
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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..
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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 ..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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 ..
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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..
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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 ..
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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..
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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..
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Blackstone, Thomson Reuters consortium sells $3.4 billion LSEG shares at discount
(Reuters) -An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters sold 33 million shares in the London Stock..
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Experian sees annual revenue growth on steady demand
(Reuters) – British credit data firm Experian Plc said on Wednesday it expects its annual organic revenue to grow between 4% an..
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Analysis-Southern Europe braces for climate change-fuelled summer of drought
BRUSSELS (Reuters) – Southern Europe is bracing for a summer of ferocious drought, with some regions already suffering water sho..
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EU raw material targets need money and faster permits, sector chief says
BRUSSELS (Reuters) – The European Union will only meet ambitious targets to reduce its reliance on China and other countries for..
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Macquarie raising hurdles to CDP joining KKR bid for Telecom Italia grid, sources say
MILAN (Reuters) -Australian fund Macquarie is raising legal hurdles over a plan backed by Italy’s Treasury for state lender CDP ..
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France to host pro-nuclear meet to push for EU recognition of climate benefits
BRUSSELS (Reuters) -France will host a meeting of ministers from 16 pro-nuclear European states on Tuesday aimed at coordinating expan..
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