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UniCredit shareholders urged to reject CEO Orcel’s pay rise

UniCredit shareholders urged to reject CEO Orcel’s pay rise

By Valentina Za MILAN (Reuters) – Leading governance adviser Institutional Shareholder Services (ISS) on Monday recommended shar..

Meta to wind down NFTs on platforms amid crypto bust

Meta to wind down NFTs on platforms amid crypto bust

(Reuters) -Meta Platforms Inc is cutting off support for digital collectibles or non-fungible tokens (NFTs) on its platforms less than..

Swiss regulator monitoring banks and insurers after SVB collapse

Swiss regulator monitoring banks and insurers after SVB collapse

ZURICH (Reuters) – Swiss financial regulator FINMA on Monday said it was seeking to identify any potential contagion risks for t..

Britain’s tax take risks blowing green energy off target

Britain’s tax take risks blowing green energy off target

By Susanna Twidale and Shadia Nasralla LONDON (Reuters) – A cap on revenue and the lack of the kind of incentives offered to oil..

UK gives BBC World Service 20 million pounds to support English language broadcasting

UK gives BBC World Service 20 million pounds to support English language broadcasting

LONDON (Reuters) – Britain said on Monday it had awarded a one-off payment of 20 million pounds ($24.13 million) to the BBC Worl..

Tesco to charge online, Booker suppliers new fulfilment charge

Tesco to charge online, Booker suppliers new fulfilment charge

LONDON (Reuters) – Britain’s Tesco has told the suppliers of its online and Booker wholesale operations that they will nee..

Bristol Myers, Pfizer, AbbVie drugs likely to face U.S. price negotiation

Bristol Myers, Pfizer, AbbVie drugs likely to face U.S. price negotiation

By Michael Erman, Patrick Wingrove and Ahmed Aboulenein NEW YORK/WASHINGTON (Reuters) – The blood thinner Eliquis from Bristol M..

Porsche CEO: There is no conflict between e-mobility and e-fuels

Porsche CEO: There is no conflict between e-mobility and e-fuels

WOLFSBURG (Reuters) – Porsche CEO Oliver Blume characterised the debate over e-fuels as “emotional” and said there w..

Britain toughens up diversity targets for UK companies

Britain toughens up diversity targets for UK companies

By Huw Jones LONDON (Reuters) – Britain’s top listed and private companies on Monday were called on to meet broader volunt..

The pound, gilts and stocks: likely winners and losers from UK budget

The pound, gilts and stocks: likely winners and losers from UK budget

By Lucy Raitano, Samuel Indyk and Joice Alves LONDON (Reuters) – Britain’s City and business lobby are clamouring for swee..

HSBC acquires British arm of stricken Silicon Valley Bank

HSBC acquires British arm of stricken Silicon Valley Bank

By Iain Withers LONDON (Reuters) -HSBC said on Monday it is acquiring the UK subsidiary of stricken Silicon Valley Bank for 1 pound, r..

Novartis launches new $11 billion share buyback

Novartis launches new $11 billion share buyback

ZURICH (Reuters) -Novartis has formally launched its new share buyback programme where it could spend up to 10 billion Swiss francs ($..

Mobile games developer Huuuge says has $24.2 million at SVB

Mobile games developer Huuuge says has $24.2 million at SVB

(Reuters) – Mobile games developer Huuuge Inc said late on Saturday about 10% of its cash and securities were held at the collap..

Over a dozen Chinese-based firms say they have minimal exposure to SVB

Over a dozen Chinese-based firms say they have minimal exposure to SVB

HONG KONG (Reuters) -Over a dozen Hong Kong-listed companies have stepped forward to say they had little or no exposure to Silicon Val..

S&P Global acquires firm to bolster capability to track commodity shipments

S&P Global acquires firm to bolster capability to track commodity shipments

SINGAPORE (Reuters) – S&P Global Commodity Insights said on Monday it has acquired UK-based technology firm Tradenet and its..

Britain delays major rail project HS2 as costs soar again

Britain delays major rail project HS2 as costs soar again

LONDON (Reuters) -Britain said on Thursday it would delay building parts of a new high-speed railway linking London and northern Engla..

Markets start signalling Fed may be going too far – Amundi

Markets start signalling Fed may be going too far – Amundi

By Yoruk Bahceli (Reuters) – Recent moves in bond and equity markets show that investors are starting to worry that the Federal ..

Aviva boosts investor payouts after profit beat

Aviva boosts investor payouts after profit beat

By Iain Withers LONDON (Reuters) -Aviva hiked its payouts to investors on Thursday, including a pledged 300 million pound ($355 millio..

GSK expects US launch of RSV vaccine with no supply issues

GSK expects US launch of RSV vaccine with no supply issues

By Maggie Fick LONDON (Reuters) -GSK expects to launch its respiratory syncytial virus (RSV) vaccine in the U.S. this year without sup..

Deutsche Post raises annual dividend; warns of challenging 2023

Deutsche Post raises annual dividend; warns of challenging 2023

BERLIN (Reuters) – Deutsche Post increased its dividend for 2022 to 1.85 euros per share after a record year on Thursday, up fro..

Oil near flat as US crude stock draw contends with economic concerns

Oil near flat as US crude stock draw contends with economic concerns

By Stephanie Kelly (Reuters) – Oil prices were near flat on Thursday, as a larger-than-expected draw in U.S. crude stocks conten..

Brazil to resume visa requirements for US, Japan, Australia, Canada -sources

Brazil to resume visa requirements for US, Japan, Australia, Canada -sources

By Lisandra Paraguassu BRASILIA (Reuters) – Brazil has decided to resume entry visa requirements for citizens of the U.S., Japan..

Europe experienced second-warmest winter on record

Europe experienced second-warmest winter on record

By Kate Abnett BRUSSELS (Reuters) – Europe is emerging from its second-warmest winter on record, European Union scientists said ..

GE’s investors seek solutions to renewable energy, supply chain challenges

GE’s investors seek solutions to renewable energy, supply chain challenges

By Rajesh Kumar Singh CHICAGO (Reuters) – When General Electric Co’s investors gather on Thursday, the focus will be on th..

Spotify listeners cross half a billion mark

Spotify listeners cross half a billion mark

(Reuters) -Spotify Technology SA said on Wednesday it would roll out new features like smart shuffle and previews of podcasts and musi..

PwC hit with $8.9 million penalty for ‘serious breaches’ on Babcock audits

PwC hit with $8.9 million penalty for ‘serious breaches’ on Babcock audits

By Iain Withers LONDON (Reuters) -Britain’s auditing watchdog has imposed a 7.5 million pound ($8.9 million) penalty on PwC for ..

UK to avoid recession this year but outlook still weak, BCC says

UK to avoid recession this year but outlook still weak, BCC says

By Suban Abdulla LONDON (Reuters) – The British Chambers of Commerce (BCC) forecast on Wednesday that the country’s econom..

Dutch responds to US China policy with a plan to curb semiconductor tech exports

Dutch responds to US China policy with a plan to curb semiconductor tech exports

By Toby Sterling, Karen Freifeld and Alexandra Alper AMSTERDAM/WASHINGTON (Reuters) -The Netherlands’ government on Wednesday sa..

Qlik introduces connector factory to accelerate delivery of the industry’s most robust connectivity for analytics and data integration

Qlik introduces connector factory to accelerate delivery of the industry’s most robust connectivity for analytics and data integration

  Will Expand Qlik’s Existing Set of 250+ Connectors With 100 New Connectors for Qlik Cloud Data Integration in 2023 Qlik® today ..

Powell’s warning on higher U.S. rates pushes dollar to 3-mth high

Powell’s warning on higher U.S. rates pushes dollar to 3-mth high

By Tom Westbrook SINGAPORE (Reuters) – The dollar scaled multi-month highs against most other major currencies on Wednesday afte..

Ireland to vote on removing ‘outmoded’ references to women from constitution

Ireland to vote on removing ‘outmoded’ references to women from constitution

DUBLIN (Reuters) – Ireland plans to hold a referendum in November to delete references to a woman’s place being in the hom..

Britain plans new data rules to ease compliance burden

Britain plans new data rules to ease compliance burden

LONDON (Reuters) – Britain will make another attempt to reform its data protection law on Wednesday with the objective of easing..

Intel wants $5 billion more in German subsidies for chip plant – Bloomberg News

Intel wants $5 billion more in German subsidies for chip plant – Bloomberg News

(Reuters) – Intel Corp is seeking an additional 4 billion to 5 billion euros ($5.28 billion) in subsidies from the German govern..

CERAWEEK-Europe gas supplies to stay tight 2 more winters, Equinor CEO says

CERAWEEK-Europe gas supplies to stay tight 2 more winters, Equinor CEO says

By Ron Bousso and Simon Webb HOUSTON (Reuters) – Europe will struggle over the next two winters to replace Russian natural gas s..

HelloFresh sees 2023 core profit of 460-540 million euros

HelloFresh sees 2023 core profit of 460-540 million euros

(Reuters) – German meal-kit maker HelloFresh forecast a higher 2023 core profit on Tuesday, as it focuses on strengthening its c..

Meta plans to cut thousands of jobs as soon as this week – Bloomberg News

Meta plans to cut thousands of jobs as soon as this week – Bloomberg News

(Reuters) -Meta Platforms Inc will cut thousands of jobs as soon as this week in a fresh round of layoffs, Bloomberg News reported on ..

GM’s Cruise to focus on cost cuts as it ramps up robotaxis

GM’s Cruise to focus on cost cuts as it ramps up robotaxis

By Abhirup Roy SAN FRANCISCO (Reuters) – General Motors Co’s robotaxi unit Cruise is focusing on cutting costs this year, ..