NEWS

Telefonica sells controlling stake in Peruvian fibre optic network to KKR

Telefonica sells controlling stake in Peruvian fibre optic network to KKR

Telefonica sells controlling stake in Peruvian fibre optic network to KKR MADRID (Reuters) – Telefonica has sold a 54% stake in ..

Leading the way in ESG: the transition to a cardless ecosystem

Leading the way in ESG: the transition to a cardless ecosystem

  Leading the way in ESG: the transition to a cardless ecosystem Ever-increasing environmental, social, and governan..

Stocks squeal as borrowing costs return to banking crisis highs

Stocks squeal as borrowing costs return to banking crisis highs

Stocks squeal as borrowing costs return to banking crisis highs By Marc Jones LONDON (Reuters) – World stocks fell for a third s..

Metaverse has set off no alarms or need for controls yet – EU’s Vestager

Metaverse has set off no alarms or need for controls yet – EU’s Vestager

Metaverse has set off no alarms or need for controls yet – EU’s Vestager By Foo Yun Chee BRUSSELS (Reuters) -The metaverse..

Berlusconi leaves control of family business to two eldest children

Berlusconi leaves control of family business to two eldest children

Berlusconi leaves control of family business to two eldest children By Elvira Pollina MILAN (Reuters) – Silvio Berlusconi’..

Travel agency Booking to defend ETraveli deal at July 7 EU hearing

Travel agency Booking to defend ETraveli deal at July 7 EU hearing

Travel agency Booking to defend ETraveli deal at July 7 EU hearing By Foo Yun Chee BRUSSELS (Reuters) – Online travel agency Boo..

Oil steadies as market digests supply and demand outlook

Oil steadies as market digests supply and demand outlook

Oil steadies as market digests supply and demand outlook By Natalie Grover LONDON (Reuters) -Oil prices were little changed on Thursda..

South African citrus growers say EU pest rules putting squeeze on exports

South African citrus growers say EU pest rules putting squeeze on exports

South African citrus growers say EU pest rules putting squeeze on exports (Reuters) – New European Union pest control rules will..

India’s aerospace suppliers see upside in parts-making from record jet orders

India’s aerospace suppliers see upside in parts-making from record jet orders

India’s aerospace suppliers see upside in parts-making from record jet orders By Allison Lampert and Aditi Shah PARIS/DELHI (Reu..

Chinese payment giants revive effort to accept foreign credit cards

Chinese payment giants revive effort to accept foreign credit cards

Chinese payment giants revive effort to accept foreign credit cards By Josh Ye HONG KONG (Reuters) – Chinese tech giants Tencent..

Euro zone lending takes another hit in May

Euro zone lending takes another hit in May

Euro zone lending takes another hit in May (Reuters) – Euro zone bank lending slowed further in May, dragged down by higher inte..

Boohoo urges Revolution Beauty to call general meeting over board changes

Boohoo urges Revolution Beauty to call general meeting over board changes

Boohoo urges Revolution Beauty to call general meeting over board changes (Reuters) – Boohoo on Wednesday urged Revolution Beaut..

SAP CEO: huge growth potential in generative AI

SAP CEO: huge growth potential in generative AI

(Reuters) – German business software maker SAP sees huge growth potential in generative AI technology, Chief Executive Officer C..

Nissan will not fill COO position left open by Gupta’s departure

Nissan will not fill COO position left open by Gupta’s departure

Nissan will not fill COO position left open by Gupta’s departure TOKYO (Reuters) – Nissan Motor Co has decided to not fill..

Hungary not getting EU recovery funds would hit credibility – Fitch

Hungary not getting EU recovery funds would hit credibility – Fitch

Hungary not getting EU recovery funds would hit credibility – Fitch By Gergely Szakacs BUDAPEST (Reuters) – Any failure by..

DealHub.io Acquires Usage-based Billing Company Subzee

DealHub.io Acquires Usage-based Billing Company Subzee

DealHub.io Acquires Usage-based Billing Company Subzee Austin, United States, June 27th, 2023, FinanceWire DealHub.io, today announced..

Aston Martin’s shares skid after it drops sales volume target

Aston Martin’s shares skid after it drops sales volume target

Aston Martin’s shares skid after it drops sales volume target By Aby Jose Koilparambil (Reuters) – British luxury carmaker..

Renault CEO says free float of future electric unit will be more than 10%

Renault CEO says free float of future electric unit will be more than 10%

PARIS (Reuters) – A sizeable chunk of Renault’s planned electric vehicle spinoff could remain in free float on the stock m..

Accor plans to add more than 1,200 hotels

Accor plans to add more than 1,200 hotels

Accor plans to add more than 1,200 hotels (Reuters) -Accor plans to open more than 1,200 hotels in the next five years, increasing the..

China’s state banks seen selling dollars offshore to slow yuan drop – sources

China’s state banks seen selling dollars offshore to slow yuan drop – sources

China’s state banks seen selling dollars offshore to slow yuan drop – sources SHANGHAI/BEIJING (Reuters) -China’s ma..

Indonesia’s Pertamina, Electrum sign battery packs development deal

Indonesia’s Pertamina, Electrum sign battery packs development deal

Indonesia’s Pertamina, Electrum sign battery packs development deal JAKARTA (Reuters) – Indonesia’s state energy com..

Illumina starts job cuts, plans office exit to rein in costs

Illumina starts job cuts, plans office exit to rein in costs

Illumina starts job cuts, plans office exit to rein in costs (Reuters) -Illumina Inc has commenced job cuts, the genetic sequencing eq..

Euronext to sell 11.1% stake in LCH SA to LCH Group

Euronext to sell 11.1% stake in LCH SA to LCH Group

Euronext to sell 11.1% stake in LCH SA to LCH Group PARIS (Reuters) -European stock market operator Euronext said on Monday it had agr..

PwC Australia says staff involved in tax leak face ‘severe’ consequences

PwC Australia says staff involved in tax leak face ‘severe’ consequences

PwC Australia says staff involved in tax leak face ‘severe’ consequences By Lewis Jackson SYDNEY (Reuters) -Pricewaterhous..

Explainer-Top Indian startup Byju’s battles auditor criticism, board exits

Explainer-Top Indian startup Byju’s battles auditor criticism, board exits

Explainer-Top Indian startup Byju’s battles auditor criticism, board exits By M. Sriram MUMBAI (Reuters) – Education techn..

Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit

Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit

Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit TOKYO (Reuters) – Japan’s Mitsubishi Corp expects no..

Honda to recall about 1.2 million vehicles in US – NHTSA

Honda to recall about 1.2 million vehicles in US – NHTSA

(Reuters) – Honda Motor Co is recalling about 1.2 million vehicles in the United States due to an issue with the rearview camera..

European shares set for worst week in three months, Siemens Energy plunges

European shares set for worst week in three months, Siemens Energy plunges

By Shreyashi Sanyal (Reuters) -European shares dipped on Friday at the end of a central bank policy-packed week that reinforced views ..

UK consumer morale touches 17-month high despite inflation pain – GfK

UK consumer morale touches 17-month high despite inflation pain – GfK

UK consumer morale touches 17-month high despite inflation pain – GfK By Suban Abdulla LONDON (Reuters) – British consumer..

Lithium producers warn global supplies may not meet electric vehicle demand

Lithium producers warn global supplies may not meet electric vehicle demand

Lithium producers warn global supplies may not meet electric vehicle demand By Ernest Scheyder LAS VEGAS (Reuters) – Lithium pro..

Saudi’s SAMI signs pact with Safran Helicopter Engines for engine maintenance

Saudi’s SAMI signs pact with Safran Helicopter Engines for engine maintenance

Saudi’s SAMI signs pact with Safran Helicopter Engines for engine maintenance (Reuters) – State-owned Saudi Arabian Milita..

Microsoft says new computing service for chemicals can slash R&D time

Microsoft says new computing service for chemicals can slash R&D time

Microsoft says new computing service for chemicals can slash R&D time By Stephen Nellis Microsoft Corp on Wednesday introduced a n..

Aegon bets on Transamerica to boost cash flow and dividend in 2025

Aegon bets on Transamerica to boost cash flow and dividend in 2025

(Reuters) -Transamerica owner Aegon on Thursday forecast a higher free cash flow and dividend in 2025, flagging untapped potential in ..

Britain says insurer capital rule changes to start by end of 2023

Britain says insurer capital rule changes to start by end of 2023

By Huw Jones LONDON (Reuters) -Britain’s finance ministry said on Thursday that the first batch of post-Brexit reforms to ‘..

Oil rallies as grain markets tighten, dollar falls on Fed Chair comments

Oil rallies as grain markets tighten, dollar falls on Fed Chair comments

Oil rallies as grain markets tighten, dollar falls on Fed Chair comments By Shariq Khan BENGALURU (Reuters) -Oil prices gained a dolla..

Factbox-Aviation emissions targets in focus at Paris Airshow

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’..

UK manufacturers see lowest inflation since Feb 2021 – CBI

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..