NEWS

Oil up about 2% on big US crude storage draw, Middle East tension

Oil up about 2% on big US crude storage draw, Middle East tension

NEW YORK (Reuters) -Oil prices climbed about 2% to a two-week high on Wednesday on a bigger-than-expected U.S. storage draw and as ris..

Britain aims for global leadership role with AI safety summit

Britain aims for global leadership role with AI safety summit

Britain aims for global leadership role with AI safety summit By Martin Coulter LONDON (Reuters) – Britain will host the world&#..

ECB starts preparation for digital euro in multi-year project

ECB starts preparation for digital euro in multi-year project

ECB starts preparation for digital euro in multi-year project By Francesco Canepa FRANKFURT (Reuters) – The European Central B..

ASML warns of flat 2024 sales as chipmakers slow orders

ASML warns of flat 2024 sales as chipmakers slow orders

ASML warns of flat 2024 sales as chipmakers slow orders By Toby Sterling AMSTERDAM (Reuters) – Semiconductor equipment maker ASM..

China’s Nio considers tapping dealers to boost EV sales in Europe – sources

China’s Nio considers tapping dealers to boost EV sales in Europe – sources

China’s Nio considers tapping dealers to boost EV sales in Europe – sources SHANGHAI (Reuters) -Chinese electric vehicle m..

CVC looking at Nexi but no bid in the works-source

CVC looking at Nexi but no bid in the works-source

By Elisa Anzolin and Valentina Za MILAN (Reuters) -A potential deal targeting Italian payments group Nexi is one of several options be..

Ericsson says telecoms uncertainty to persist into 2024, shares fall

Ericsson says telecoms uncertainty to persist into 2024, shares fall

By Supantha Mukherjee STOCKHOLM (Reuters) -Ericsson on Tuesday said it expected the uncertainty impacting its mobile networks business..

Automakers blast US plan to hike fuel efficiency rules

Automakers blast US plan to hike fuel efficiency rules

Automakers blast US plan to hike fuel efficiency rules By David Shepardson WASHINGTON (Reuters) -A group representing General Motors, ..

FTSE 100 climbs on pharma boost, UK CPI in focus

FTSE 100 climbs on pharma boost, UK CPI in focus

FTSE 100 climbs on pharma boost, UK CPI in focus By Khushi Singh and Bansari Mayur Kamdar (Reuters) -Britain’s FTSE 100 rose on ..

Exclusive-Brookfield weighs move into UK pension insurance market -sources

Exclusive-Brookfield weighs move into UK pension insurance market -sources

Exclusive-Brookfield weighs move into UK pension insurance market -sources By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Iain Withers (R..

Four-day work week boosts Spanish workers’ health, pilot programme shows

Four-day work week boosts Spanish workers’ health, pilot programme shows

Four-day work week boosts Spanish workers’ health, pilot programme shows MADRID (Reuters) – Four-day work weeks improved S..

European shares slip amid downbeat earnings reports; UK stocks outperform

European shares slip amid downbeat earnings reports; UK stocks outperform

European shares slip amid downbeat earnings reports; UK stocks outperform By Amruta Khandekar and Shristi Achar A (Reuters) -European ..

Oil prices edge higher ahead of Biden Middle East trip

Oil prices edge higher ahead of Biden Middle East trip

Oil prices edge higher ahead of Biden Middle East trip By Nicole Jao NEW YORK (Reuters) – Oil prices edged higher on Tuesday ahe..

Vitol to spend half of its capex on low-carbon, renewables -CEO

Vitol to spend half of its capex on low-carbon, renewables -CEO

LONDON (Reuters) – The world’s top independent energy trader Vitol will invest around half of its $2 billion capital expen..

Volkswagen picks firm for Xinjiang site labour audit -sources

Volkswagen picks firm for Xinjiang site labour audit -sources

Volkswagen picks firm for Xinjiang site labour audit -sources SHANGHAI/FRANKFURT/BERLIN (Reuters) – Volkswagen has found a compa..

Poland, EU’s biggest poultry producer, reports bird flu outbreak

Poland, EU’s biggest poultry producer, reports bird flu outbreak

PARIS (Reuters) -Poland, the European Union’s largest poultry producer, has reported an outbreak of the highly contagious H5N1 b..

EU Commission proposes measures to curb microplastic pollution from pellets

EU Commission proposes measures to curb microplastic pollution from pellets

EU Commission proposes measures to curb microplastic pollution from pellets By Marine Strauss and Julia Payne BRUSSELS (Reuters) -The ..

Global smartphone market slumps to lowest Q3 level in decade – Counterpoint

Global smartphone market slumps to lowest Q3 level in decade – Counterpoint

(Reuters) – The global smartphone market contracted by 8% to its lowest third-quarter level in a decade on subdued demand for ma..

Britain pulls rules aimed at applying lessons from Carillion, BHS, collapses

Britain pulls rules aimed at applying lessons from Carillion, BHS, collapses

Britain pulls rules aimed at applying lessons from Carillion, BHS, collapses By Huw Jones LONDON (Reuters) – Britain on Monday u..

Dollar gains against yen, eases against euro

Dollar gains against yen, eases against euro

Dollar gains against yen, eases against euro By Karen Brettell NEW YORK (Reuters) – The dollar was mixed on Monday before a week..

Pfizer’s foggy COVID outlook hits vaccine maker shares

Pfizer’s foggy COVID outlook hits vaccine maker shares

By Michael Erman and Manas Mishra (Reuters) -Pfizer on Monday set off a fresh round of concern about the size of the COVID-19 vaccine ..

Italy unveils tax-cutting 2024 budget amid debt worries

Italy unveils tax-cutting 2024 budget amid debt worries

Italy unveils tax-cutting 2024 budget amid debt worries By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Italy’s government on ..

Bank of England considers changes to regulation of foreign bank branches

Bank of England considers changes to regulation of foreign bank branches

Bank of England considers changes to regulation of foreign bank branches By Huw Jones LONDON (Reuters) -The Bank of England said on Mo..

Oil fall below $90 a barrel on report of US-Venezuela deal

Oil fall below $90 a barrel on report of US-Venezuela deal

Oil fall below $90 a barrel on report of US-Venezuela deal By Erwin Seba HOUSTON (Reuters) -Oil futures fell on Monday on a report the..

As global debt worries mount, is another crisis brewing?

As global debt worries mount, is another crisis brewing?

As global debt worries mount, is another crisis brewing? By Yoruk Bahceli, Dhara Ranasinghe and Maria Martinez LONDON (Reuters) –..

Wall Street rallies, Treasury yields rise as high profile earnings loom

Wall Street rallies, Treasury yields rise as high profile earnings loom

Wall Street rallies, Treasury yields rise as high profile earnings loom By Stephen Culp NEW YORK (Reuters) – Wall Street rebound..

SAP Fioneer to expand its mortgage solution to the US Market

SAP Fioneer to expand its mortgage solution to the US Market

SAP Fioneer to expand its mortgage solution to the US Market Walldorf, Germany, October 15th, 2023, FinanceWire SAP Fioneer, a leading..

Tesla earnings: investors watching margins, deliveries, self-driving

Tesla earnings: investors watching margins, deliveries, self-driving

Tesla earnings: investors watching margins, deliveries, self-driving By Akash Sriram (Reuters) – Tesla’s margins are likel..

BioNTech warns of write-off of up to 900 million euros on COVID vaccine

BioNTech warns of write-off of up to 900 million euros on COVID vaccine

BioNTech warns of write-off of up to 900 million euros on COVID vaccine By Ludwig Burger BERLIN (Reuters) – Shares in Germany..

Bayer to introduce its direct-seeded rice system in the Philippines

Bayer to introduce its direct-seeded rice system in the Philippines

Bayer to introduce its direct-seeded rice system in the Philippines MANILA (Reuters) – Bayer AG said on Monday it plans to bring..

Polish stocks rise in first session after parliamentary election

Polish stocks rise in first session after parliamentary election

Polish stocks rise in first session after parliamentary election GDANSK (Reuters) – Polish stocks rallied on Monday after the ru..

Atos Chairman Meunier steps down amid shareholders’ uproar

Atos Chairman Meunier steps down amid shareholders’ uproar

(Reuters) – Atos Chairman Bertrand Meunier has stepped down, the French IT consulting group said on Monday, following an uproar ..

Dollar buoyed by safe-haven bids, rate jitters

Dollar buoyed by safe-haven bids, rate jitters

Dollar buoyed by safe-haven bids, rate jitters By Rae Wee SINGAPORE (Reuters) – The dollar was on the front foot on Monday in ca..

Artificial heart maker Carmat completes 7 million euro capital increase

Artificial heart maker Carmat completes 7 million euro capital increase

Artificial heart maker Carmat completes 7 million euro capital increase PARIS (Reuters) – Artificial heart maker Carmat, whose f..

KKR prepares binding bid for Telecom Itali a’s grid as deadline looms

KKR prepares binding bid for Telecom Itali a’s grid as deadline looms

KKR prepares binding bid for Telecom Itali a’s grid as deadline looms By Elvira Pollina MILAN (Reuters) – U.S. fund KKR is..

Dollar softens slightly, yen in touching distance of 150

Dollar softens slightly, yen in touching distance of 150

Dollar softens slightly, yen in touching distance of 150 By Samuel Indyk and Brigid Riley LONDON (Reuters) – The U.S. dollar edg..

Porsche: deliveries up in every region but China in first 9 months of 2023

Porsche: deliveries up in every region but China in first 9 months of 2023

Porsche: deliveries up in every region but China in first 9 months of 2023 BERLIN (Reuters) – Porsche said on Friday that delive..