Australia’s Macquarie explores $6 billion deal for Britain’s M&G, Sky News reports
(Reuters) – Australian investment bank Macquarie Group Ltd is at the early stages of exploring a takeover bid of over 5 billion ..
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Volkswagen’s financial services undergoing reorganization
FRANKFURT (Reuters) – Volkswagen is reorganizing its financial services holding companies, Volkswagen Bank and Volkswagen Financ..
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Analysis-Watch out risk assets, the rout in bonds is coming your way
By Dhara Ranasinghe, Nell Mackenzie and Yoruk Bahceli LONDON (Reuters) – The selling gripping the world’s biggest bond mar..
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Bank finance for cleaner energy grows, but still lags fossil fuels – report
LONDON (Reuters) -Banks gave 81 cents in financing support to low carbon energy supply for every dollar they provided to fossil fuels ..
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At the home of Zara, fast and slow fashion collide
By Corina Pons and Virginia Furness A CORUNA, Spain/LONDON (Reuters) – In Spain’s A Coruna, two contrasting fashion busine..
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Adecco sees signs of a hiring slowdown at start of 2023
By John Revill ZURICH (Reuters) -Adecco said its hiring activity had weakened modestly at the start of 2023 after the staffing company..
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Germany home prices to sink nearly 6% this year – Reuters Poll
By Indradip Ghosh BENGALURU (Reuters) – Home prices in Germany will fall more sharply this year and next than previously thought..
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Japan’s factory output posts biggest fall in 8 months on weak autos, chips sectors
By Kantaro Komiya TOKYO (Reuters) – Japan’s factory output shrank at the fastest pace in eight months in January as declin..
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TD, other banks reach $1.35 billion settlements to end Stanford litigation
By Jonathan Stempel (Reuters) -Three banks agreed to pay $1.35 billion to resolve litigation by former Allen Stanford investors who ac..
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Snowboarding-British teenager Brookes becomes the youngest world champion
(Reuters) – Britain’s Mia Brookes outclassed Olympic gold medallist Zoi Sadowski-Synnott to become the youngest snowboardi..
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Flu experts gather with H5N1 risk on the agenda
By Jennifer Rigby LONDON (Reuters) – The world’s leading experts on influenza met this week to discuss the threat posed to..
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German GDP contracted by 0.4% in the fourth quarter
BERLIN (Reuters) -The German economy contracted at the end of the year, as inflation and the energy crisis took their toll on househol..
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Oil gains as Russian supply cuts temper concerns over rate hikes, high stocks
Oil gains as Russian supply cuts temper concerns over rate hikes, high stocks By Andrew Hayley BEIJING (Reuters) -Oil prices extended ..
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IAG agrees to buy 80% stake in Air Europa for 400 million euros
By Charlie Devereux MADRID (Reuters) -Iberia-owner International Airlines Group has agreed to pay 400 million euros ($423.84 million) ..
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Netflix cuts prices in some countries to boost subscriptions, shares drop
(Reuters) -Netflix Inc said on Thursday it has cut prices of its subscription plans in some countries as the streaming giant looks to ..
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AI-created images lose U.S. copyrights in test for new technology
By Blake Brittain (Reuters) -Images in a graphic novel that were created using the artificial-intelligence system Midjourney should no..
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Hikma accuses Amarin of suppressing generic versions of heart pill
By Brendan Pierson (Reuters) – Generic drugmaker Hikma Pharmaceuticals USA Inc has sued Amarin Pharma Inc, accusing it of using ..
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ITA Airways averts strike after wage increase accord with unions
ROME (Reuters) – Italian carrier ITA Airways reached a wage accord with unions on Wednesday, averting the threat of the first st..
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UK economy’s unexpected bounce spurs more BoE rate hike talk
By Andy Bruce LONDON (Reuters) -Britain looks on course to sidestep a long recession after a survey showed a surprise return to growth..
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Brand Metrics bolsters client services team as brand lift measurement booms
The global technology company appoints Agnes Asplund Schmidt as Customer Success Manager in response to client growth Global technolog..
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Cricket-England’s absence robs WTC final of ‘Bazball’ buzz
By Amlan Chakraborty NEW DELHI (Reuters) – This year’s World Test Championship (WTC) final will again be a party without h..
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Jaguar Land Rover opens three European self-driving tech hubs
By Nick Carey LONDON (Reuters) – Luxury carmaker Jaguar Land Rover said on Tuesday it is opening three new engineering hubs in E..
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Post-Brexit insurance reform clear before December, says BoE’s Woods
By Huw Jones LONDON (Reuters) -The Bank of England sought on Monday to allay fears among insurers that it was dragging its feet over a..
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Britain facing tomatoes shortage after overseas harvests disrupted
LONDON (Reuters) – Britons are facing a shortage of tomatoes after supermarket supplies, including at market leader Tesco and No..
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Britain’s post-Brexit asset management revamp eyes liquidity, tokenisation
By Huw Jones LONDON (Reuters) -Britain set out plans on Monday for a post-Brexit review of its rules for the 11 trillion pound ($13.2 ..
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Venom Foundation and Hub71 Partner to Accelerate Growth and Adoption of Blockchain Technologies from Abu Dhabi
Abu Dhabi, UAE, 20 February, 2023 – Venom Foundation, the first Layer-1 blockchain licensed by Abu Dhabi Global Market (ADGM), has tea..
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Scottish finance minister Kate Forbes to run for country’s leadership
LONDON (Reuters) -Scottish finance minister Kate Forbes said on Monday she would run in the leadership contest to replace Nicola Sturg..
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Analysis-To raise prices or not? Consumer goods makers weigh bets on buyer strength
By Jessica DiNapoli (Reuters) – Prices of everyday basics like Bounty paper towels and Cadbury chocolate may rise again this yea..
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Galois Capital flagship fund to close after FTX losses
By Nell Mackenzie and Elizabeth Howcroft LONDON (Reuters) -Galois Capital hedge fund founder Kevin Zhou said on Monday his flagship fu..
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Ericsson to cut 1,400 jobs in Sweden
STOCKHOLM (Reuters) -Telecoms gear maker Ericsson plans to cut about 1,400 jobs in Sweden as part of a broader plan to reduce costs gl..
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Turkey clears away rubble from earthquake, rescue efforts wind down
By Henriette Chacar and Ali Kucukgocmen ANTAKYA, Turkey (Reuters) – Turkey stepped up work to clear away rubble from collapsed b..
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Novartis names Firmenich CEO as chairman designate of Sandoz
ZURICH (Reuters) – Novartis on Monday announced the appointment of Gilbert Ghostine as chairman-designate of Sandoz, the generic..
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Novartis names Firmenich CEO as chairman designate of Sandoz
ZURICH (Reuters) – Novartis on Monday announced the appointment of Gilbert Ghostine as chairman-designate of Sandoz, the generic..
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Asia shares creep higher, wary on Fed and BOJ outlooks
By Wayne Cole SYDNEY (Reuters) – Asian shares edged up on Monday as a U.S. holiday made for slow trading ahead of minutes of the..
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Aussie supermarkets set to capitalise on high inflation, but softer demand ahead
By Harshita Swaminathan (Reuters) – Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-hig..
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Dollar buoyant as robust U.S. data keep Fed hawks in control
By Rae Wee SINGAPORE (Reuters) – The dollar was on the front foot on Monday, supported by a strong run of economic data out of t..
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Exclusive-Crypto giant Binance moved $400 million from U.S. partner to firm managed by CEO Zhao
By Angus Berwick and Tom Wilson (Reuters) – Global cryptocurrency exchange Binance had secret access to a bank account belonging..
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