Chinese-owned chipmaker Nexperia invests $200 million in European expansion
By Toby Sterling AMSTERDAM/HAMBURG (Reuters) – Nexperia, one of the world’s largest makers of basic semiconductors such as..
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UBS’s new wealth management co-leaders announce reshuffle
By Noele Illien and Oliver Hirt ZURICH (Reuters) – UBS is making changes to its wealth management arm, the division’s new ..
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UK retailer Halfords posts lower annual profit
UK retailer Halfords posts lower annual profit (Reuters) -British bicycle and car products retailer Halfords Group reported a fall in ..
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Nokia sells submarine networks business ASN to French state
COPENHAGEN (Reuters) – Nokia on Thursday said it had agreed to sell its submarine networks business ASN to the French state for ..
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BP halts hiring, slows renewables roll-out to win over investors
BP halts hiring, slows renewables roll-out to win over investors By Ron Bousso LONDON (Reuters) – BP’s new CEO Murray Auch..
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SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports
SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports (Reuters) – Japanese technology in..
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Dollar hits 38-year high vs yen; stocks mostly ease
Dollar hits 38-year high vs yen; stocks mostly ease By Caroline Valetkevitch NEW YORK (Reuters) -The dollar hit a fresh 38-year high a..
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Euro zone yields edge up before inflation data, caution over France
Euro zone yields edge up before inflation data, caution over France By Stefano Rebaudo (Reuters) -Euro zone government bond yields r..
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Yen tumbles to 38-year low vs dollar as likely Japan intervention looms
Yen tumbles to 38-year low vs dollar as likely Japan intervention looms By Gertrude Chavez-Dreyfuss and Harry Robertson NEW YORK/LON..
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UK retail sales go into reverse this month, CBI survey shows
UK retail sales go into reverse this month, CBI survey shows (Reuters) -British retail sales softened this month after a recovery in M..
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Aussie dollar jumps on inflation spike, while yen stays under pressure
Aussie dollar jumps on inflation spike, while yen stays under pressure By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters)..
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Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say
Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say By Amy-Jo Crowley and Abigail Summerville LONDON (Reu..
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Miner BHP’s carbon emissions to rise slightly this year
Miner BHP’s carbon emissions to rise slightly this year By Melanie Burton MELBOURNE (Reuters) -BHP Group’s operational car..
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Analysis-France may be next test of the euro’s foundations
FRANKFURT/PARIS (Reuters) – “Because it’s France” was how Jean-Claude Juncker, European Commission president a..
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Oil ticks up on inventory drawdown outlook, Middle East risks
SINGAPORE (Reuters) -Oil prices inched up during Asian trade on Wednesday despite a surprise jump in U.S. stockpiles, driven by geopol..
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Covestro eyes 400 million eur in cost cuts after ADNOC talks intensify
Covestro eyes 400 million eur in cost cuts after ADNOC talks intensify (Reuters) – Covestro, the German chemicals maker in talks..
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Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows
Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows TOKYO (Reuters) – Toyota sold $2 billion wor..
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Oil prices steady as inflation worries limit summer demand optimism
Oil prices steady as inflation worries limit summer demand optimism By Emily Chow SINGAPORE (Reuters) – Oil prices were little c..
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Asian shares subdued, yen hits record low versus euro
By Stella Qiu SYDNEY (Reuters) – Asian shares were subdued on Tuesday while the battered yen hit a record low versus the euro, a..
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China’s BYD launches third EV model in Japan
China’s BYD launches third EV model in Japan TOKYO (Reuters) -China’s BYD launched its third electric vehicle in Japan, it..
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German business sentiment unexpectedly darkens in June, Ifo says+
German business sentiment unexpectedly darkens in June, Ifo says By Miranda Murray BERLIN (Reuters) – German business morale une..
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London’s FTSE 100 flat; energy, miners lead decline
London’s FTSE 100 flat; energy, miners lead decline (Reuters) – London’s FTSE 100 was flat on Monday as investors tu..
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Mike Ashley’s Frasers buys THG’s portfolio of luxury goods websites
Mike Ashley’s Frasers buys THG’s portfolio of luxury goods websites (Reuters) -British e-commerce firm THG has agreed to s..
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Prosus full-year core headline earnings jump 84%
Prosus full-year core headline earnings jump 84% (Reuters) – Dutch technology investor Prosus core headline earnings jumped 84% ..
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Oil eases as strong dollar weighs on commodities markets
Oil eases as strong dollar weighs on commodities markets By Florence Tan SINGAPORE (Reuters) -Oil prices inched down on Monday as conc..
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German residential property prices keep falling in Q1
German residential property prices keep falling in Q1 (Adds missing economist name in paragraph 6) BERLIN (Reuters) -German residentia..
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UK’s Britvic rejects revised takeover proposal from Carlsberg
UK’s Britvic rejects revised takeover proposal from Carlsberg (Reuters) – British soft drinks maker Britvic rejected a rev..
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Analysis-Consumer-focused lending under Labour could dent UK bank profits
Analysis-Consumer-focused lending under Labour could dent UK bank profits By Sinead Cruise and Lawrence White LONDON (Reuters) –..
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Asian shares end the week with a whimper, yen back to intervention watch
Asian shares end the week with a whimper, yen back to intervention watch By Stella Qiu SYDNEY (Reuters) -Asian shares are ending the w..
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Swiss National Bank presses ahead as rate cutting front-runner
Swiss National Bank presses ahead as rate cutting front-runner By John Revill ZURICH(Reuters) -The Swiss National Bank cut interest ra..
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Analysis-UK markets jolted back to life by rate cut hopes, election buzz
Analysis-UK markets jolted back to life by rate cut hopes, election buzz By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – T..
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Accenture forecasts 2024 revenue growth above estimates on AI demand
Accenture forecasts 2024 revenue growth above estimates on AI demand (Reuters) -IT services provider Accenture projected annual revenu..
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Italy boosts crypto risk oversight and toughens sanctions, draft shows
Italy boosts crypto risk oversight and toughens sanctions, draft shows ROME (Reuters) – Italy plans to adopt measures to beef up..
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Morning Bid: Bailey likely to bail on rate change
Morning Bid: Bailey likely to bail on rate change A look at the day ahead in European and global markets from Ankur Banerjee British i..
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Credit Suisse collapse showed weakness in regulatory framework: SNB
Credit Suisse collapse showed weakness in regulatory framework: SNB ZURICH (Reuters) – The collapse of Swiss bank Credit Suisse ..
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Asian stocks hold on to gains; BoE in focus
Asian stocks hold on to gains; BoE in focus By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks took a breather on Thursday, ho..
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UK election pledges fall short of $48 billion health funding gap, think tank says
UK election pledges fall short of $48 billion health funding gap, think tank says LONDON (Reuters) – Election pledges by Britain..
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