NEWS

Bosch ups investment in hydrogen, begins fuel-cell power module production

Bosch ups investment in hydrogen, begins fuel-cell power module production

Bosch ups investment in hydrogen, begins fuel-cell power module production BERLIN (Reuters) – German auto supplier Bosch will in..

Elon Musk thinks China is interested in an international AI framework

Elon Musk thinks China is interested in an international AI framework

Elon Musk thinks China is interested in an international AI framework By Kanishka Singh and Anna Tong WASHINGTON (Reuters) -Billionair..

UK’s Domino’s Pizza Group names new CEO

UK’s Domino’s Pizza Group names new CEO

UK’s Domino’s Pizza Group names new CEO (Reuters) -Domino’s Pizza Group said on Thursday Andrew Rennie, who has serv..

Discount retailer Pepco’s sales growth slows

Discount retailer Pepco’s sales growth slows

Discount retailer Pepco’s sales growth slows LONDON (Reuters) -European discount retailer Pepco Group reported a slowdown in und..

Big companies toughen banking partner screening after crisis – survey

Big companies toughen banking partner screening after crisis – survey

By Laura Matthews NEW YORK (Reuters) – Large companies are spreading out their counterparty risk and increasing screening of the..

Wall Street cheers cool CPI with stock rally; dollar, yields decline

Wall Street cheers cool CPI with stock rally; dollar, yields decline

Wall Street cheers cool CPI with stock rally; dollar, yields decline By Lawrence Delevingne (Reuters) -Wall Street stocks advanced on ..

British digital bank Monzo in talks to buy Nordic lender Lunar

British digital bank Monzo in talks to buy Nordic lender Lunar

British digital bank Monzo in talks to buy Nordic lender Lunar LONDON (Reuters) – British digital bank Monzo is in early stage d..

Germany more flexible on hydrogen transition, emphasises speed – draft

Germany more flexible on hydrogen transition, emphasises speed – draft

FRANKFURT (Reuters) – Germany is set to hold on to its hydrogen economy goals up to 2030 and beyond while pressing for speed and..

Smurfit Kappa eyes wider North Africa expansion after Morocco opening

Smurfit Kappa eyes wider North Africa expansion after Morocco opening

By Padraic Halpin DUBLIN (Reuters) -Europe’s largest paper and packaging producer Smurfit Kappa expects the opening of its first..

Bank of England says Britain is coping with higher interest rates

Bank of England says Britain is coping with higher interest rates

Bank of England says Britain is coping with higher interest rates By David Milliken, Huw Jones and William Schomberg LONDON (Reuters) ..

Exclusive-SoftBank considering US listing for its PayPay business – sources

Exclusive-SoftBank considering US listing for its PayPay business – sources

Exclusive-SoftBank considering US listing for its PayPay business – sources By Sam Nussey and Miho Uranaka TOKYO (Reuters) -Soft..

Oil steadies amid economic concerns, higher U.S. crude stocks

Oil steadies amid economic concerns, higher U.S. crude stocks

Oil steadies amid economic concerns, higher U.S. crude stocks By Laura Sanicola and Trixie Yap (Reuters) -Oil prices barely moved on W..

IBM mulls using its own AI chip in new cloud service to lower costs

IBM mulls using its own AI chip in new cloud service to lower costs

By Stephen Nellis SAN FRANCISCO (Reuters) – International Business Machines (IBM) is considering the use of artificial intellige..

Zara owner boosts sustainability goals as fast-fashion feels the heat

Zara owner boosts sustainability goals as fast-fashion feels the heat

Zara owner boosts sustainability goals as fast-fashion feels the heat By Corina Pons and Helen Reid MADRID/LONDON (Reuters) -Zara owne..

LG Chem raising $2 billion in exchangeable bonds

LG Chem raising $2 billion in exchangeable bonds

LG Chem raising $2 billion in exchangeable bonds SEOUL (Reuters) – South Korea’s LG Chem Ltd is raising $2 billion in bond..

Stocks rise, dollar retreats ahead of inflation data

Stocks rise, dollar retreats ahead of inflation data

Stocks rise, dollar retreats ahead of inflation data By Amanda Cooper LONDON (Reuters) -Global shares rose and the dollar eased on Tue..

Heathrow passenger numbers near pre-pandemic levels in June

Heathrow passenger numbers near pre-pandemic levels in June

Heathrow passenger numbers near pre-pandemic levels in June LONDON (Reuters) – Heathrow Airport, Britain’s busiest, said 7..

U.S. says to move forward with transfer of F-16 jets to Turkey

U.S. says to move forward with transfer of F-16 jets to Turkey

U.S. says to move forward with transfer of F-16 jets to Turkey VILNIUS (Reuters) – U.S. President Joe Biden will move forward wi..

Analysis-Japan’s changing views on price hikes open door for BOJ policy tweak

Analysis-Japan’s changing views on price hikes open door for BOJ policy tweak

Analysis-Japan’s changing views on price hikes open door for BOJ policy tweak By Tetsushi Kajimoto and Leika Kihara TOKYO (Reute..

Food prices squeeze consumers in June, hot weather boosts summer spending: BRC

Food prices squeeze consumers in June, hot weather boosts summer spending: BRC

Food prices squeeze consumers in June, hot weather boosts summer spending: BRC By Suban Abdulla LONDON (Reuters) – Unusually hot..

Oil rises on OPEC+ cuts, weaker dollar

Oil rises on OPEC+ cuts, weaker dollar

Oil rises on OPEC+ cuts, weaker dollar By Arathy Somasekhar and Sudarshan Varadhan (Reuters) -Oil prices edged higher on Tuesday, reco..

Apple opens store on China’s WeChat platform

Apple opens store on China’s WeChat platform

Apple opens store on China’s WeChat platform BEIJING (Reuters) -Tencent’s WeChat said on Tuesday that iPhone maker Apple h..

Uniper chief says flexible duration LNG contracts key for Europe

Uniper chief says flexible duration LNG contracts key for Europe

By Nia Williams VANCOUVER (Reuters) – Shorter-duration contracts for LNG purchases will be important for Europe’s diversif..

Turkey backs Sweden’s NATO entry

Turkey backs Sweden’s NATO entry

Turkey backs Sweden’s NATO entry (Reuters) – Turkey’s President Tayyip Erdogan agreed Monday to support Sweden’..

L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender

L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender

BENGALURU (Reuters) – Engineering and construction major Larsen & Toubro on Monday said it struck an agreement with Spanish ..

Thames Water pulled back from the brink after investors pump in $960 million

Thames Water pulled back from the brink after investors pump in $960 million

Thames Water pulled back from the brink after investors pump in $960 million By Sarah Young LONDON (Reuters) -Thames Water said its in..

UK health regulator approves GSK’s vaccine for common respiratory virus RSV

UK health regulator approves GSK’s vaccine for common respiratory virus RSV

(Reuters) -Britain’s health regulator approved GSK’s vaccine for the respiratory syncytial virus (RSV), which causes thous..

Marketmind: China disinflation a mix of good and bad

Marketmind: China disinflation a mix of good and bad

Marketmind: China disinflation a mix of good and bad (Reuters) – A look at the day ahead in European and global markets from Way..

Analysis-Europe faces long wait for weight-loss drugs as governments eye costs

Analysis-Europe faces long wait for weight-loss drugs as governments eye costs

By Ludwig Burger and Andreas Rinke FRANKFURT (Reuters) – Novo Nordisk will start selling its hugely popular obesity drug Wegovy ..

Gucci-owner Kering paid $3.8 billion for French fragrance label Creed – FT

Gucci-owner Kering paid $3.8 billion for French fragrance label Creed – FT

Gucci-owner Kering paid $3.8 billion for French fragrance label Creed – FT (Reuters) -Gucci-owner Kering paid 3.5 billion euros ..

Innovation in EVs seen denting copper demand growth potential

Innovation in EVs seen denting copper demand growth potential

By Mai Nguyen HANOI (Reuters) -New electric vehicles from Tesla and rivals are being engineered for efficiency in a way that cuts copp..

Biden arrives in Britain to meet King Charles, PM Sunak

Biden arrives in Britain to meet King Charles, PM Sunak

Biden arrives in Britain to meet King Charles, PM Sunak By Michael Holden and Steve Holland LONDON (Reuters) -U.S President Joe Biden ..

Jaguar Land Rover expects Q1 free cash flow of over $500 million

Jaguar Land Rover expects Q1 free cash flow of over $500 million

Jaguar Land Rover expects Q1 free cash flow of over $500 million (Reuters) -Jaguar Land Rover (JLR) posted a 30% rise in wholesale vol..

EU and Belgium invest $1.6 billion in chip technology firm Imec

EU and Belgium invest $1.6 billion in chip technology firm Imec

BRUSSELS (Reuters) -The European Union and Belgium’s regional Flemish government will together invest 1.5 billion euros ($1.6 bi..

Amman Mineral makes firm debut in Indonesia’s biggest IPO this year

Amman Mineral makes firm debut in Indonesia’s biggest IPO this year

Amman Mineral makes firm debut in Indonesia’s biggest IPO this year By Bernadette Christina, Fransiska Nangoy and Yantoultra Ngu..

Continental to phase out activities at Gifhorn plant by end of 2027

Continental to phase out activities at Gifhorn plant by end of 2027

Continental to phase out activities at Gifhorn plant by end of 2027 BERLIN (Reuters) -Continental said on Friday it plans to phase out..

UK house prices post biggest annual drop since 2011: Halifax

UK house prices post biggest annual drop since 2011: Halifax

UK house prices post biggest annual drop since 2011: Halifax By Andy Bruce LONDON (Reuters) -British house prices fell last month in a..