News

Oil dips as potential Fed rate hike overshadows falling stocks

Oil dips as potential Fed rate hike overshadows falling stocks

By Laila Kearney and Muyu Xu (Reuters) -Oil dropped on Wednesday as the market weig..

Just Eat Takeaway raises 2023 guidance, launches buyback

Just Eat Takeaway raises 2023 guidance, launches buyback

(Reuters) -Just Eat Takeaway.com NV raised its 2023 adjusted core profit outlook on ..

Allianz puts N26 stake up for sale at $3 billion valuation – FT

Allianz puts N26 stake up for sale at $3 billion valuation – FT

(Reuters) – A unit of Allianz SE has put about 5% of its stake in German onlin..

US FTC leaders will target AI that violates civil rights or is deceptive

US FTC leaders will target AI that violates civil rights or is deceptive

WASHINGTON (Reuters) – Leaders of the U.S. Federal Trade Commission said on T..

Crypto firms will develop ‘offshore’ without clear US rules, Coinbase chief says

Crypto firms will develop ‘offshore’ without clear US rules, Coinbase chief says

LONDON (Reuters) -The U.S. and Britain should make their rules for the crypto indust..

France’s Macron promises government action plan in next 100 days

France’s Macron promises government action plan in next 100 days

PARIS (Reuters) -French President Emmanuel Macron on Monday gave himself 100 days to..

Business insolvency in England and Wales soars in March

Business insolvency in England and Wales soars in March

LONDON (Reuters) – More companies in England and Wales entered insolvency duri..

Germany added 35% more electric car charge points in 2022, says BDEW

Germany added 35% more electric car charge points in 2022, says BDEW

FRANKFURT (Reuters) – The number of electric vehicle charging points in German..

GSK bets $2 billion on Bellus cough drug to soothe pipeline fears

GSK bets $2 billion on Bellus cough drug to soothe pipeline fears

By Natalie Grover and Aby Jose Koilparambil (Reuters) -GSK plans to buy Canada-base..

UK unemployment edges up but pay growth beats forecasts

UK unemployment edges up but pay growth beats forecasts

By David Milliken LONDON (Reuters) -Britain’s unemployment rate rose unexpect..

Takeover-target THG misses downgraded 2022 earnings guidance

Takeover-target THG misses downgraded 2022 earnings guidance

LONDON (Reuters) – THG, the online retail platform that said on Monday it had ..

UBS makes changes to buyback programme following Credit Suisse takeover

UBS makes changes to buyback programme following Credit Suisse takeover

ZURICH (Reuters) -UBS on Tuesday said it was making changes to its $6 billion share ..

Ericsson’s quarterly core profit misses expectations

Ericsson’s quarterly core profit misses expectations

STOCKHOLM (Reuters) -Sweden’s Ericsson on Tuesday reported first-quarter core..

Northvolt and Scania unveil battery for heavy trucks

Northvolt and Scania unveil battery for heavy trucks

STOCKHOLM(Reuters) – Truck-maker Scania and battery producer Northvolt on Tues..

Glencore courts 120 Teck investors for bid backing as spinoff vote looms -source

Glencore courts 120 Teck investors for bid backing as spinoff vote looms -source

LONDON (Reuters) -Glencore executives have met or spoken with some 120 Teck Resource..

EU lawmakers call for summit to control ‘very powerful’ AI

EU lawmakers call for summit to control ‘very powerful’ AI

By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) -EU lawmakers ur..

Britain seeks to boost banking services from fintechs

Britain seeks to boost banking services from fintechs

By Huw Jones LONDON (Reuters) – Britain’s financial regulators said on ..

Analysis-Rocket startups face adapt-or-die moment amid investment drought

Analysis-Rocket startups face adapt-or-die moment amid investment drought

By Joey Roulette WASHINGTON (Reuters) – Demand for sending satellites into sp..

Dollar hits one-month high against yen as traders bet on Fed rate hike

Dollar hits one-month high against yen as traders bet on Fed rate hike

By Harry Robertson LONDON (Reuters) – The dollar climbed to a one-month high ..

Agnellis’ Exor eyes further healthcare investment for expansion

Agnellis’ Exor eyes further healthcare investment for expansion

MILAN (Reuters) -Exor the holding company of Italy’s Agnelli family, will seek..

Shareholder group ISS backs Barclays board over former CEO Staley

Shareholder group ISS backs Barclays board over former CEO Staley

LONDON (Reuters) -Institutional Shareholder Services (ISS) has recommended Barclays ..

Sega Sammy says it is considering buying Angry Birds maker Rovio

Sega Sammy says it is considering buying Angry Birds maker Rovio

TOKYO (Reuters) – Japan’s Sega Sammy Holdings Inc said on Monday it was..

Volkswagen to partner on Indonesia EV battery ecosystem -minister

Volkswagen to partner on Indonesia EV battery ecosystem -minister

JAKARTA (Reuters) – Volkswagen will build an electric vehicle (EV) battery ec..

Australian court approves BHP’s $6.4 billion OZ Minerals takeover

Australian court approves BHP’s $6.4 billion OZ Minerals takeover

(Reuters) – Global miner BHP Group Ltd said on Monday the Federal Court of Au..

At China’s largest trade fair, exporters worry about world economy

At China’s largest trade fair, exporters worry about world economy

GUANGZHOU (Reuters) -Chinese exporters exhibiting their products at the country̵..

France’s Ynsect to refocus bug business after capital increase

France’s Ynsect to refocus bug business after capital increase

PARIS (Reuters) – French insect-based ingredients maker Ynsect will refocus it..

Soccer-Jittery Arsenal losing their grip with summit in sight

Soccer-Jittery Arsenal losing their grip with summit in sight

LONDON (Reuters) -Even when Arsenal were building a daunting lead at the top of the ..

Oil heads for weekly rise after IEA predicts record demand

Oil heads for weekly rise after IEA predicts record demand

NEW YORK (Reuters) -Oil prices were up on Friday and headed for a fourth straight we..

US Senate leader Schumer calls for AI rules as ChatGPT surges in popularity

US Senate leader Schumer calls for AI rules as ChatGPT surges in popularity

WASHINGTON (Reuters) -Senate Majority Leader Chuck Schumer said Thursday he had laun..

Bank of England fines former TSB executive over 2018 IT failure

Bank of England fines former TSB executive over 2018 IT failure

LONDON (Reuters) -The Bank of England said on Thursday it had fined TSB Bank’s..

Stocks and gold cheer U.S. inflation picture, while dollar slides

Stocks and gold cheer U.S. inflation picture, while dollar slides

LONDON (Reuters) -Global shares rose on Thursday, while the dollar held near two-mon..

India opens new investigation into BBC in widening crackdown

India opens new investigation into BBC in widening crackdown

NEW DELHI (Reuters) -India’s financial crime-fighting agency has opened an inv..

Schneider and GreenYellow target smaller businesses with energy saving technology

Schneider and GreenYellow target smaller businesses with energy saving technology

PARIS (Reuters) – Schneider Electric and solar startup GreenYellow will target..

Lack of electric vans opens door for Chinese, other EV makers

Lack of electric vans opens door for Chinese, other EV makers

By Nick Carey LONDON (Reuters) – Legacy automakers got off to a late start wi..

Sovereign debtors, creditors agree on steps to jumpstart debt restructurings

Sovereign debtors, creditors agree on steps to jumpstart debt restructurings

WASHINGTON (Reuters) – Global creditors, debtor nations and international fina..

BoE’s Bailey says bank reforms worked but questions about liquidity buffers

BoE’s Bailey says bank reforms worked but questions about liquidity buffers

(Reuters) -Bank of England Governor Andrew Bailey said bank reforms enacted after th..

G7 finance leaders pledge financial stability, supply chain diversity

G7 finance leaders pledge financial stability, supply chain diversity

WASHINGTON (Reuters) -Group of Seven (G7) finance leaders pledged on Wednesday to ta..