NEWS

German recession will be sharper than expected: Ifo

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..

UK’s Berkeley forecasts 20% drop in house sales as interest rates rises weigh

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..

UK’s Halfords expects pricing efforts to drive profits

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..

European car sales rise in May – ACEA

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..

Mastercard launches global plan to recycle credit cards

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..

UK fines WH Smith, M&S and others for not paying minimum wage

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..

Italy’s Brembo to move to Amsterdam to increase M&A options

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..

Nasdaq to transfer European power business to EEX bourse

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..

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

Abu Dhabi-based ADQ’s talks to take Lazard private fall apart- FT (Reuters) – Abu Dhabi’s sovereign wealth fund ADQ ..

Factbox-Hyundai’s plans for EVs, restructuring in China

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..

MTU and Safran to create JV on military helicopter developments

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..

Britain backs greener air travel with $280 million funding package

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 (..

Singapore tops list of costliest cities for goods, services aimed at the wealthy

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..

Lanxess slashes profit outlook as demand recovery lags

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..

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

Adobe’s $20 billion deal to acquire Figma under threat from EU regulators – FT (Reuters) -European antitrust regulators ar..

Great Resignation’ continues as quarter of workers look to change jobs – PwC

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) &#..

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

EU electric vehicles risk 4.3 billion euro post-Brexit tariff cost – auto body BRUSSELS (Reuters) – Post-Brexit rules forc..

UBS faces big penalty over Credit Suisse’s Archegos failings -FT

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..

Bank of England launches first sector-wide liquidity ‘stress test’

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 ..

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

Royal Mail’s largest union to resume vote on deal with postal company on June 22 (Reuters) – The largest union of UK’..

Stocks rally stalls, eyes Powell testimony for rate clues

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..

Biman Bangladesh to buy 10 Airbus jets, breaking Boeing reliance – minister

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) &#..

AstraZeneca planning China business spin off -FT

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..

ECB risks losing sight of ‘greedflation’ with laser-focus on wages

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..

Oil slides more than $1 on China growth uncertainties

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..

JLR taps Everstream Analytics’ AI to dodge supply chain problems

JLR taps Everstream Analytics’ AI to dodge supply chain problems

LONDON (Reuters) – JLR said on Monday it has partnered with supply chain mapping and risk analytics firm Everstream Analytics, w..

British supermarket Morrisons cuts prices of nearly 50 products

British supermarket Morrisons cuts prices of nearly 50 products

British supermarket Morrisons cuts prices of nearly 50 products LONDON (Reuters) – British supermarket Morrisons said on Monday ..

France’s Macron vows to boost sustainable aviation fuel production

France’s Macron vows to boost sustainable aviation fuel production

France’s Macron vows to boost sustainable aviation fuel production PARIS (Reuters) – France will invest 200 million euros ..

Self-driving truck company Einride expands into Norway

Self-driving truck company Einride expands into Norway

Self-driving truck company Einride expands into Norway By Johannes Birkebaek COPENHAGEN (Reuters) – Swedish electric self-drivin..

Euro zone May inflation confirmed at 6.1% yr/yr, core eases

Euro zone May inflation confirmed at 6.1% yr/yr, core eases

Euro zone May inflation confirmed at 6.1% yr/yr, core eases BRUSSELS (Reuters) – Euro zone consumer inflation sharply decelerate..

Intel facility is largest greenfield investment in Poland, PM says

Intel facility is largest greenfield investment in Poland, PM says

Intel facility is largest greenfield investment in Poland, PM says WARSAW (Reuters) – Polish Prime Minister says Intel’s n..

Travis Perkins warns on profit in sign of UK housing market difficulty

Travis Perkins warns on profit in sign of UK housing market difficulty

Travis Perkins warns on profit in sign of UK housing market difficulty LONDON (Reuters) -Travis Perkins, Britain’s biggest suppl..

Rheinmetall expects German ammunition order worth billions soon -CEO

Rheinmetall expects German ammunition order worth billions soon -CEO

By Sabine Siebold BRUSSELS (Reuters) -Rheinmetall expects to strike an ammunition deal worth billions of euros with the German governm..

Britain’s ITV considers possible deal to buy All3Media

Britain’s ITV considers possible deal to buy All3Media

Britain’s ITV considers possible deal to buy All3Media By Amy-Jo Crowley and Paul Sandle LONDON (Reuters) – Britain’..

Virgin Galactic plans first commercial space service for June; shares take off

Virgin Galactic plans first commercial space service for June; shares take off

Virgin Galactic plans first commercial space service for June; shares take off (Reuters) -Virgin Galactic Holdings, the space tourism ..

Crypto investors step up risk management after last year’s meltdowns

Crypto investors step up risk management after last year’s meltdowns

By Elizabeth Howcroft LONDON (Reuters) – Cryptocurrency investors have grown more cautious about who they do business with, afte..

Stoltenberg leaves open prospect of staying on as NATO leader

Stoltenberg leaves open prospect of staying on as NATO leader

Stoltenberg leaves open prospect of staying on as NATO leader By Andrew Gray BRUSSELS (Reuters) – NATO chief Jens Stoltenberg on..