NEWS

M&G posts net asset management inflows in Q1

M&G posts net asset management inflows in Q1

M&G posts net asset management inflows in Q1 LONDON (Reuters) – M&G recorded 1 billion pounds ($1.25 billion) of net inf..

Marketmind: O Canada! Markets wary of Fed hawkish surprise

Marketmind: O Canada! Markets wary of Fed hawkish surprise

Marketmind: O Canada! Markets wary of Fed hawkish surprise A look at the day ahead in European and global markets from Ankur Banerjee ..

Oil rises on Saudi plan to deepen output cuts from July

Oil rises on Saudi plan to deepen output cuts from July

Oil rises on Saudi plan to deepen output cuts from July By Noah Browning LONDON (Reuters) – Oil prices rose by more than $1 a ba..

Richard Teng seen as potential successor to Binance’s Changpeng Zhao -reports

Richard Teng seen as potential successor to Binance’s Changpeng Zhao -reports

Richard Teng seen as potential successor to Binance’s Changpeng Zhao -reports (Reuters) – Richard Teng, Binance’s he..

Euro zone business growth slowed in May as factories struggled-PMI

Euro zone business growth slowed in May as factories struggled-PMI

LONDON (Reuters) – Euro zone business activity was shored up last month by the bloc’s dominant services industry offsettin..

Volvo Cars sales up 31% in May

Volvo Cars sales up 31% in May

Volvo Cars sales up 31% in May HELSINKI (Reuters) – Sweden-based Volvo Cars on Monday posted a 31% rise in monthly sales figures..

Novo Nordisk in talks buy controlling stake in Biocorp

Novo Nordisk in talks buy controlling stake in Biocorp

Novo Nordisk in talks buy controlling stake in Biocorp (Reuters) – Danish drug developer Novo Nordisk said on Monday it had star..

UK auto industry body says new car sales rise in May, but below pre-COVID level

UK auto industry body says new car sales rise in May, but below pre-COVID level

(Reuters) – Britain’s new car sales still below pre-pandemic level despite a rise it witnessed in May from a year earlier,..

Barclays Private Bank makes senior appointments in Singapore – statement

Barclays Private Bank makes senior appointments in Singapore – statement

SINGAPORE (Reuters) – Barclays Private Bank said on Monday it has made two senior appointments in its Singapore office in a move..

Bourse operator ASX takes action for trading software’s operational reliability

Bourse operator ASX takes action for trading software’s operational reliability

Bourse operator ASX takes action for trading software’s operational reliability (Reuters) – Australia’s bourse opera..

Irish domestic economy returns to growth in first quarter

Irish domestic economy returns to growth in first quarter

Irish domestic economy returns to growth in first quarter DUBLIN (Reuters) – Ireland’s domestic economy returned to growth..

Elan Closs Stephens named BBC acting chair

Elan Closs Stephens named BBC acting chair

Elan Closs Stephens named BBC acting chair LONDON (Reuters) -Britain on Friday appointed BBC board member Elan Closs Stephens as the p..

Volkswagen brings VW bus back to North American market after 20 years

Volkswagen brings VW bus back to North American market after 20 years

Volkswagen brings VW bus back to North American market after 20 years FRANKFURT (Reuters) – Volkswagen will start selling batter..

Vodafone faces German probe over suspected obstruction of 1&1

Vodafone faces German probe over suspected obstruction of 1&1

Vodafone faces German probe over suspected obstruction of 1&1 BERLIN (Reuters) -Vodafone and its German subsidiary Vantage Towers ..

World food prices fall to two-year low in May – UN food agency

World food prices fall to two-year low in May – UN food agency

PARIS (Reuters) -The United Nations food agency’s world price index fell in May to its lowest in two years, as a slump in prices..

New Tiananmen museum opens in New York ahead of June 4 anniversary

New Tiananmen museum opens in New York ahead of June 4 anniversary

New Tiananmen museum opens in New York ahead of June 4 anniversary By Aleksandra Michalska and Michael Martina NEW YORK (Reuters) -The..

Hungary looking for ‘friendly’ co-investor to acquire Budapest Airport

Hungary looking for ‘friendly’ co-investor to acquire Budapest Airport

Hungary looking for ‘friendly’ co-investor to acquire Budapest Airport BUDAPEST (Reuters) – Hungary’s governme..

Irish state, Britain’s NatWest to sell 6% stake in Permanent TSB

Irish state, Britain’s NatWest to sell 6% stake in Permanent TSB

Irish state, Britain’s NatWest to sell 6% stake in Permanent TSB LONDON/DUBLIN (Reuters) -Ireland’s finance ministry and B..

Stocks surge in Asia as US averts default, Fed pause bets rise

Stocks surge in Asia as US averts default, Fed pause bets rise

Stocks surge in Asia as US averts default, Fed pause bets rise By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks jumped on Fr..

IKEA stores owner Ingka starts on first New Zealand store

IKEA stores owner Ingka starts on first New Zealand store

IKEA stores owner Ingka starts on first New Zealand store By Marie Mannes STOCKHOLM (Reuters) – IKEA stores owner Ingka group ha..

UK house prices fall by most since 2009, higher rates to bite-Nationwide

UK house prices fall by most since 2009, higher rates to bite-Nationwide

UK house prices fall by most since 2009, higher rates to bite-Nationwide LONDON (Reuters) -British house prices fell by the most since..

Royal wedding showpiece highlights Jordan’s role as West’s stable ally

Royal wedding showpiece highlights Jordan’s role as West’s stable ally

By Suleiman Al-Khalidi AMMAN (Reuters) -The heir to Jordan’s throne will marry amid much fanfare on Thursday, in a glittering ce..

SNB defends raising rates, says not to blame for Credit Suisse failure

SNB defends raising rates, says not to blame for Credit Suisse failure

SNB defends raising rates, says not to blame for Credit Suisse failure (This May 31 story has been corrected to clarify that Jordan..

Internet data growth has not pushed up telcos’ network costs, Dutch government says

Internet data growth has not pushed up telcos’ network costs, Dutch government says

Internet data growth has not pushed up telcos’ network costs, Dutch government says By Foo Yun Chee BRUSSELS (Reuters) – T..

Global factories struggle for momentum amid patchy demand

Global factories struggle for momentum amid patchy demand

By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Sluggish global demand deepened the decline in manufacturing activity acros..

Sugar group Tereos reports leap in core profit as prices rise

Sugar group Tereos reports leap in core profit as prices rise

Sugar group Tereos reports leap in core profit as prices rise PARIS (Reuters) – French sugar and ethanol group Tereos on Thursda..

Major central banks renew rate hike push in May

Major central banks renew rate hike push in May

Major central banks renew rate hike push in May By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace of interest..

Dr Martens tripped up by tough U.S. market

Dr Martens tripped up by tough U.S. market

Dr Martens tripped up by tough U.S. market By Eva Mathews and Helen Reid (Reuters) -Dr Martens shares dropped more than 10% on Thursda..

Dollar rises as U.S. debt bill passes House, euro slides ahead of inflation

Dollar rises as U.S. debt bill passes House, euro slides ahead of inflation

Dollar rises as U.S. debt bill passes House, euro slides ahead of inflation By Rae Wee and Joice Alves SINGAPORE/LONDON (Reuters) R..

New global renewables capacity additions to rise by a third this year – IEA

New global renewables capacity additions to rise by a third this year – IEA

New global renewables capacity additions to rise by a third this year – IEA By Nina Chestney LONDON (Reuters) – Global add..

BRICS ministers meet in push to establish group as counterweight to West

BRICS ministers meet in push to establish group as counterweight to West

By Wendell Roelf CAPE TOWN (Reuters) – Foreign ministers from the BRICS countries are meeting in South Africa from Thursday as t..

Liberty Global and Warner Bros Discovery owners weigh deal for All3Media -sources

Liberty Global and Warner Bros Discovery owners weigh deal for All3Media -sources

LONDON (Reuters) – The owners of All3Media, Britain’s largest independent TV production company, are exploring options tha..

Factbox-Companies invest in EV battery factories in Europe

Factbox-Companies invest in EV battery factories in Europe

Factbox-Companies invest in EV battery factories in Europe (Reuters) – Europe is seeking to lure electric vehicle (EV) battery m..

NEWS

Harry Potter publisher Bloomsbury’s annual profit rises as readers lap up novels

Harry Potter publisher Bloomsbury’s annual profit rises as readers lap up novels

Harry Potter publisher Bloomsbury’s annual profit rises as readers lap up novels (Reuters) -Bloomsbury Publishing posted a rise in full-year pro..

Exclusive-Credit Suisse axes China bank plan to avoid regulatory conflict under UBS-sources

Exclusive-Credit Suisse axes China bank plan to avoid regulatory conflict under UBS-sources

By Engen Tham, Summer Zhen and Selena Li HONG KONG/SHANGHAI (Reuters) -Credit Suisse has scrapped plans to set up a locally incorporat..

Private astronaut crew, including first Arab woman in orbit, returns from space station

Private astronaut crew, including first Arab woman in orbit, returns from space station

Private astronaut crew, including first Arab woman in orbit, returns from space station By Steve Gorman (Reuters) -An all-private astr..

Top AI CEOs, experts raise ‘risk of extinction’ from AI

Top AI CEOs, experts raise ‘risk of extinction’ from AI

Top AI CEOs, experts raise ‘risk of extinction’ from AI By Supantha Mukherjee and Martin Coulter STOCKHOLM/LONDON (Reuters..