Dollar higher after Powell says Fed inflation fight ‘has a long way to go’
Dollar higher after Powell says Fed inflation fight ‘has a long way to go’ By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U...
FINANCE
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French send deep diving robot to help Titanic sub search
French send deep diving robot to help Titanic sub search By Louise Dalmasso PARIS (Reuters) – A French robot that can dive to 20..
TECHNOLOGY
Factbox-Aviation emissions targets in focus at Paris Airshow
Factbox-Aviation emissions targets in focus at Paris Airshow By Joanna Plucinska PARIS (Reuters) – Big deals at this week’..
NEWS
UK manufacturers see lowest inflation since Feb 2021 – CBI
LONDON (Reuters) – British manufacturers expect to raise prices by the smallest amount since February 2021 over the next three m..
NEWS
German recession will be sharper than expected: Ifo
German recession will be sharper than expected: Ifo BERLIN (Reuters) -The German economy will contract more than previously expected t..
NEWS
UK’s Berkeley forecasts 20% drop in house sales as interest rates rises weigh
By Suban Abdulla and Aby Jose Koilparambil (Reuters) -British high-end housebuilder Berkeley on Wednesday forecast a 20% drop in sales..
NEWS
UK’s Halfords expects pricing efforts to drive profits
UK’s Halfords expects pricing efforts to drive profits By Sarah Young LONDON (Reuters) -Halfords forecast profit would rise 3% i..
NEWS
New Report From Anzu and Lumen Unveils Gaming’s Untapped Potential for Attention-Driven Advertising
New Report From Anzu and Lumen Unveils Gaming’s Untapped Potential for Attention-Driven Advertising A new report launched during..
BUSINESS
European car sales rise in May – ACEA
European car sales rise in May – ACEA BERLIN (Reuters) – European new car registrations increased in May, data from the re..
NEWS
Factbox – Graphite producers doing deals with automakers and battery groups
LONDON (Reuters) – Automakers are rushing to lock in graphite supply from outside dominant producer China as mined graphite dema..
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Mastercard launches global plan to recycle credit cards
Mastercard launches global plan to recycle credit cards By Simon Jessop LONDON (Reuters) – Payments company Mastercard on Wednes..
NEWS
Abu Dhabi’s ADNOC in almost $11 billion approach for Covestro -sources
Abu Dhabi’s ADNOC in almost $11 billion approach for Covestro -sources By Emma-Victoria Farr, Ludwig Burger and Patricia Weiss (..
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UK fines WH Smith, M&S and others for not paying minimum wage
LONDON (Reuters) – Britain has fined more than 200 companies, including top retailers WH Smith, Marks & Spencer and Argos, f..
NEWS
Italy’s Brembo to move to Amsterdam to increase M&A options
MILAN (Reuters) – Italy’s Brembo is to move its legal headquarters to the Netherlands and strengthen its loyalty share sch..
NEWS
Nasdaq to transfer European power business to EEX bourse
Nasdaq to transfer European power business to EEX bourse By Vera Eckert and Nora Buli FRANKFURT/OSLO (Reuters) -Nasdaq will transfer i..
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Abu Dhabi-based ADQ’s talks to take Lazard private fall apart- FT
Abu Dhabi-based ADQ’s talks to take Lazard private fall apart- FT (Reuters) – Abu Dhabi’s sovereign wealth fund ADQ ..
NEWS
Factbox-Hyundai’s plans for EVs, restructuring in China
(Reuters) – Hyundai Motor, the No. 3 global automaker by sales with its affiliate Kia Corp, outlined plans on Tuesday for a deep..
NEWS
MTU and Safran to create JV on military helicopter developments
MTU and Safran to create JV on military helicopter developments (Reuters) – German MTU Aero Engines and French Safran have signe..
NEWS
Digital tachograph: A new boon to the fleet industry
Digital tachograph: A new boon to the fleet industry The introduction of the digital tachograph to the fleet industry is a revolutiona..
BUSINESS
Britain backs greener air travel with $280 million funding package
Britain backs greener air travel with $280 million funding package LONDON (Reuters) – Britain has announced 218 million pounds (..
NEWS
Singapore tops list of costliest cities for goods, services aimed at the wealthy
SINGAPORE (Reuters) – Singapore for the first time became the most expensive city for goods and services for wealthy people, ove..
NEWS
Lanxess slashes profit outlook as demand recovery lags
Lanxess slashes profit outlook as demand recovery lags (Reuters) – German speciality chemicals maker Lanxess on Monday evening c..
NEWS
Adobe’s $20 billion deal to acquire Figma under threat from EU regulators – FT
Adobe’s $20 billion deal to acquire Figma under threat from EU regulators – FT (Reuters) -European antitrust regulators ar..
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Japan’s Suzuki to make ‘flying cars’ with SkyDrive
Japan’s Suzuki to make ‘flying cars’ with SkyDrive TOKYO (Reuters) – Japanese automaker Suzuki Motor Corp said..
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Great Resignation’ continues as quarter of workers look to change jobs – PwC
‘Great Resignation’ continues as quarter of workers look to change jobs – PwC By Divya Chowdhury MUMBAI (Reuters) &#..
NEWS
EU electric vehicles risk 4.3 billion euro post-Brexit tariff cost – auto body
EU electric vehicles risk 4.3 billion euro post-Brexit tariff cost – auto body BRUSSELS (Reuters) – Post-Brexit rules forc..
NEWS
Bonn to boardrooms: The implications of climate diplomacy on global business
Bonn to boardrooms: The implications of climate diplomacy on global business By Andy Garraway at Risilience In the theat..
BUSINESS
UBS faces big penalty over Credit Suisse’s Archegos failings -FT
UBS faces big penalty over Credit Suisse’s Archegos failings -FT (Reuters) – UBS Group AG faces hundreds of millions of do..
NEWS
US inflation – still a problem
US inflation – still a problem High inflation was rampant in 2022, eroding real income, disrupting the financial markets, and weighin..
FINANCE
Bank of England launches first sector-wide liquidity ‘stress test’
Bank of England launches first sector-wide liquidity ‘stress test’ By Huw Jones LONDON (Reuters) -The Bank of England has ..
NEWS
Royal Mail’s largest union to resume vote on deal with postal company on June 22
Royal Mail’s largest union to resume vote on deal with postal company on June 22 (Reuters) – The largest union of UK’..
NEWS
Stocks rally stalls, eyes Powell testimony for rate clues
Stocks rally stalls, eyes Powell testimony for rate clues By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares drif..
NEWS
Biman Bangladesh to buy 10 Airbus jets, breaking Boeing reliance – minister
Biman Bangladesh to buy 10 Airbus jets, breaking Boeing reliance – minister By Ruma Paul and Tim Hepher DHAKA/PARIS (Reuters) &#..
NEWS
AstraZeneca planning China business spin off -FT
AstraZeneca planning China business spin off -FT (Reuters) – Drugmaker AstraZeneca is drafting a plan to spin off its China busi..
NEWS
ECB risks losing sight of ‘greedflation’ with laser-focus on wages
ECB risks losing sight of ‘greedflation’ with laser-focus on wages By Francesco Canepa and Balazs Koranyi FRANKFURT (Reute..
NEWS
Oil slides more than $1 on China growth uncertainties
Oil slides more than $1 on China growth uncertainties By Katya Golubkova and Emily Chow TOKYO (Reuters) -Global oil prices fell more t..
NEWS
Dollar drifts as traders weigh rate path; yen fragile
Dollar drifts as traders weigh rate path; yen fragile By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was tentative on M..
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