NEWS

Dollar pauses for breath as Fed swings into focus

Dollar pauses for breath as Fed swings into focus

By Rae Wee SINGAPORE (Reuters) – The dollar steadied in a holiday-thinned Asia session on Tuesday, though it struggled to lift f..

SSE to invest $122 million in Scottish pumped hydro project

SSE to invest $122 million in Scottish pumped hydro project

LONDON (Reuters) – British power generator SSE will invest 100 million pounds ($122 million) in a Scottish pumped hydro scheme w..

EU’s EIB to override Turkey lending ban with earthquake aid

EU’s EIB to override Turkey lending ban with earthquake aid

By Marc Jones LONDON (Reuters) -The European Union’s lending arm, the European Investment Bank, is to temporarily override its n..

U.S. oil exports to Europe hit record in March on steep discounts

U.S. oil exports to Europe hit record in March on steep discounts

By Arathy Somasekhar HOUSTON (Reuters) – U.S. crude exports to Europe have hit a record 2.1 million barrels per day on average s..

Bank shares rise after Credit Suisse rescue eases crisis

Bank shares rise after Credit Suisse rescue eases crisis

By Amanda Cooper and John Revill (Reuters) -U.S. banking stocks rose on Monday and Europe’s lenders recovered from a sharp early..

Sterling rises as receding bank sector worries lift sentiment

Sterling rises as receding bank sector worries lift sentiment

LONDON (Reuters) – Sterling rose against the dollar on Friday, after a series of lifelines for struggling banks helped restore s..

UK’s Ofcom delays BT fibre pricing decision after CEO remarks

UK’s Ofcom delays BT fibre pricing decision after CEO remarks

By Paul Sandle LONDON (Reuters) -Britain’s telecoms regulator needs more time to consider BT’s wholesale pricing, it said ..

What is Generative AI, the technology behind OpenAI’s ChatGPT?

What is Generative AI, the technology behind OpenAI’s ChatGPT?

(Reuters) – Generative artificial intelligence has become a buzzword this year, capturing the public’s fancy and sparking ..

Farming and tourism under threat as winter drought dries up France’s Lake Montbel

Farming and tourism under threat as winter drought dries up France’s Lake Montbel

By Manuel Ausloos PARIS (Reuters) – Set at foot of the Pyrenees mountains, Lake Montbel is famous in south-west France for its t..

Euro zone inflation eases in Feb but core prices pick up

Euro zone inflation eases in Feb but core prices pick up

FRANKFURT (Reuters) – Euro zone inflation eased a touch in February but underlying price growth continued to accelerate on a sur..

Greece to increase minimum wage again, before election

Greece to increase minimum wage again, before election

ATHENS (Reuters) – The Greek government will raise the minimum wage next month, the third rise in more than a year, Prime Minist..

ECB’s Villeroy: rate hike signals strong confidence in European banks

ECB’s Villeroy: rate hike signals strong confidence in European banks

PARIS (Reuters) – The European Central Bank’s decision to raise interest rates by half a point on Thursday reflects the ce..

Cricket-Former Australia captain Paine retires from first-class cricket

Cricket-Former Australia captain Paine retires from first-class cricket

MELBOURNE (Reuters) – Former Australia test captain Tim Paine ended his cricket career on Friday after Tasmania’s Sheffiel..

Oil rises on demand hopes as banking crisis fears subside

Oil rises on demand hopes as banking crisis fears subside

By Florence Tan and Trixie Sher Li Yap SINGAPORE (Reuters) – Oil prices firmed on Friday after a meeting between Saudi Arabia an..

UK drops plan to tax sovereign wealth funds

UK drops plan to tax sovereign wealth funds

LONDON (Reuters) – British finance minister Jeremy Hunt has dropped a plan to tax sovereign wealth funds investing in Britain, a..

Citadel accelerates hiring push in Hong Kong and London

Citadel accelerates hiring push in Hong Kong and London

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Analysis-Investors stick to bets on early end to ECB hikes as uncertainty grows

Analysis-Investors stick to bets on early end to ECB hikes as uncertainty grows

By Yoruk Bahceli and Naomi Rovnick AMSTERDAM (Reuters) – Investors held tight to bets that banking jitters would rein in the ECB..

Credit Suisse $54 billion lifeline offers limited respite to global banks

Credit Suisse $54 billion lifeline offers limited respite to global banks

By John Revill, Amanda Cooper and Tom Sims (Reuters) -Credit Suisse sought to shore up its liquidity and restore investor confidence o..

Instant View: ECB sticks with big rate hike even as bank fears roil markets

Instant View: ECB sticks with big rate hike even as bank fears roil markets

(Reuters) – The European Central Bank pushed through another big increase in interest rates on Thursday, sticking with its quest..

Oil prices steady as news of Saudi, Russia meeting calms investors

Oil prices steady as news of Saudi, Russia meeting calms investors

By Shariq Khan BENGALURU -Oil prices steadied on Thursday after dropping to near 15-month lows earlier in the session, supported by re..

Big ECB hike adds fuel to the banking sector fire

Big ECB hike adds fuel to the banking sector fire

By Joice Alves LONDON (Reuters) – Euro zone bank shares hit a ten-week low on Thursday after the European Central Bank (ECB) rai..

EU announces plans to lead green industrial revolution

EU announces plans to lead green industrial revolution

By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission presented the centrepieces of a strategy on Thursday to ensure its in..

Adnami signs agreements with Schibsted and Amedia to deliver high impact ads with unparalleled reach across the Nordics

Adnami signs agreements with Schibsted and Amedia to deliver high impact ads with unparalleled reach across the Nordics

Adnami’s partnership with the largest media group in the Nordics follows hot on the heels of new appointments as it continues its expa..

GumGum Announces Industry’s First 100% Brand Safe Ad Exchange

GumGum Announces Industry’s First 100% Brand Safe Ad Exchange

Contextual leader enhances ad exchange to incorporate accredited brand safety solution on every impression   GumGum, a contextual firs..

Britain announces 205 million pound auction for renewable power projects

Britain announces 205 million pound auction for renewable power projects

LONDON (Reuters) – Britain’s next auction round to spur renewable power projects will be worth about 205 million pounds ($247 mi..

National CineMedia releases first cinema attention measurement study, conducted by Lumen in collaboration with dentsu

National CineMedia releases first cinema attention measurement study, conducted by Lumen in collaboration with dentsu

Study finds cinema is number-one media platform for attention when measured against any other video platform Cinema advertising networ..

French inflation revised upwards in February to 7.3% – final figures

French inflation revised upwards in February to 7.3% – final figures

PARIS (Reuters) – French annual inflation rose to a revised 7.3% in February from 7.0% in January, partly as a result of higher ..

Publisher Bloomsbury casts upbeat forecast, says books ‘affordable pastime’

Publisher Bloomsbury casts upbeat forecast, says books ‘affordable pastime’

(Reuters) -Bloomsbury Publishing Plc forecast full-year profit to be well ahead of expectations on Wednesday, encouraged by the robust..

Burberry appoints McLaren’s Kate Ferry as CFO

Burberry appoints McLaren’s Kate Ferry as CFO

LONDON (Reuters) – British luxury brand Burberry said on Wednesday it had appointed Kate Ferry as its next chief financial offic..

Crown Agents Bank owner explores sale of British payments group –sources

Crown Agents Bank owner explores sale of British payments group –sources

By Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON (Reuters) – Helios Investment Partners has been working with advisers to sell ..

Oil prices rebound after OPEC upgrades China demand outlook

Oil prices rebound after OPEC upgrades China demand outlook

By Yuka Obayashi and Florence Tan TOKYO (Reuters) – Oil prices rebounded more than 1% on Wednesday, recovering from the previous..

Asian shares gain as fears about rapid Fed hikes, bank crisis fade

Asian shares gain as fears about rapid Fed hikes, bank crisis fade

By Ankur Banerjee SINGAPORE (Reuters) – Asian equities rose sharply on Wednesday, tracking a relief rally on Wall Street and as ..

KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT

KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT

(Reuters) – KPMG’s U.S. boss, Paul Knopp, said the accounting firm stood behind its audits of Silicon Valley Bank and Sign..

NatWest limits customers’ crypto transfers, citing scam concerns

NatWest limits customers’ crypto transfers, citing scam concerns

By Elizabeth Howcroft LONDON (Reuters) – Britain’s NatWest has imposed new limits on the daily and monthly amount customer..

London fears losing luxury shoppers to Paris and Milan

London fears losing luxury shoppers to Paris and Milan

By James Davey and Sarah Young LONDON (Reuters) – London’s luxury retailers fear the city is losing its pull as a shopping..

Meta to cut 10,000 jobs in second round of layoffs

Meta to cut 10,000 jobs in second round of layoffs

By Katie Paul and Nivedita Balu (Reuters) -Facebook-parent Meta Platforms said on Tuesday it would cut 10,000 jobs this year, making i..

MFE offers to buy 1.05% stake in Mediaset Espana from Vivendi ahead of delisting

MFE offers to buy 1.05% stake in Mediaset Espana from Vivendi ahead of delisting

(Reuters) – MFE-Mediaforeurope said on Tuesday it agreed with Vivendi to buy a 1.05% stake in Mediaset Espana it did not own yet..