NEWS

FDA advisers back the same COVID vaccine for initial shots, boosters

FDA advisers back the same COVID vaccine for initial shots, boosters

By Michael Erman and Leroy Leo (Reuters) -Advisers to the U.S. Food and Drug Administration on Thursday unanimously voted in favor of ..

Stocks, dollar gain on soft landing hopes

Stocks, dollar gain on soft landing hopes

By Herbert Lash NEW YORK (Reuters) -Global stock markets rallied and the dollar strengthened on Thursday after a slew of data showed a..

Public Power Corp, RWE to build five solar farms in Greece

Public Power Corp, RWE to build five solar farms in Greece

(Reuters) – Greece’s biggest power utility Public Power Corp. (PPC) and Germany’s RWE have taken a final investment ..

Spain’s unemployment rate inches up to 12.87% in Q4 2022

Spain’s unemployment rate inches up to 12.87% in Q4 2022

(Reuters) -Spain’s unemployment rate rose to 12.87% in the fourth quarter of 2022 from 12.67% three months earlier, data from th..

UK’s Wetherspoon posts 13.1% rise in sales for 25-wk period

UK’s Wetherspoon posts 13.1% rise in sales for 25-wk period

(Reuters) – UK’s J D Wetherspoon reported a 13.1% rise in like-for-like sales for the 25 weeks to Jan. 22 on Wednesday, as..

Asian stocks make 7-month highs, Australian dollar gains on hot inflation

Asian stocks make 7-month highs, Australian dollar gains on hot inflation

By Anshuman Daga SINGAPORE (Reuters) -Asian equities scaled their highest levels in seven months on Wednesday after some regional mark..

Global economy seen facing a challenging year -Eurochambres

Global economy seen facing a challenging year -Eurochambres

BERLIN (Reuters) – The international business community expects a challenging 2023 marked by geopolitical tensions, high inflati..

Ford to make call on Europe job cuts by mid-Feb as buyers circle German site

Ford to make call on Europe job cuts by mid-Feb as buyers circle German site

By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Ford will decide by mid-February how many jobs to cut in Europe a German u..

Exclusive-Binance moved $346 million for seized crypto exchange Bitzlato, data show

Exclusive-Binance moved $346 million for seized crypto exchange Bitzlato, data show

By Tom Wilson and Angus Berwick LONDON (Reuters) -Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digit..

Prada’s Lorenzo Bertelli sets out ‘soft transition’ to new leadership

Prada’s Lorenzo Bertelli sets out ‘soft transition’ to new leadership

By Elisa Anzolin VENICE, Italy (Reuters) – Italian fashion group Prada is hiring former Luxottica chief Andrea Guerra to smooth ..

Sweden to upgrade Berzelius supercomputer with Nvidia AI systems

Sweden to upgrade Berzelius supercomputer with Nvidia AI systems

STOCKHOLM (Reuters) – Sweden will upgrade its Berzelius supercomputer using Nvidia’s latest artificial intelligence (AI) s..

Logitech quarterly sales fall 22% as slowdown fears bite

Logitech quarterly sales fall 22% as slowdown fears bite

(Reuters) -Computer peripherals maker Logitech International said on Tuesday its third-quarter sales fell 22%, confirming its prelimin..

Bank funding for renewables stagnates vs oil and gas – report

Bank funding for renewables stagnates vs oil and gas – report

LONDON (Reuters) – The share of bank finance going to renewable energy rather than fossil fuels has little changed in six years,..

EU’s planned reforms aim to better protect power bills from market swings

EU’s planned reforms aim to better protect power bills from market swings

By Kate Abnett BRUSSELS (Reuters) – European Union proposals to overhaul its electricity market will attempt to better protect c..

Analysis-ECB seen struggling to keep market on side after mixed messages

Analysis-ECB seen struggling to keep market on side after mixed messages

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s policy signals don’t seem t..

New suppliers race to plug in to electric car market

New suppliers race to plug in to electric car market

By Nick Carey and Paul Lienert WOKING, England (Reuters) – The global auto industry has committed $1.2 trillion to developing el..

Activist investor Elliott Management takes stake in Salesforce -sources

Activist investor Elliott Management takes stake in Salesforce -sources

(Reuters) -Activist investor Elliott Management Corp has made a multi-billion dollar investment in cloud-based software firm Salesforc..

European Central Bank to raise deposit rate to 3.25% by mid-year: Reuters poll

European Central Bank to raise deposit rate to 3.25% by mid-year: Reuters poll

By Jonathan Cable LONDON (Reuters) – The European Central Bank will be more aggressive than previously thought in its tightening..

Amazon to lay off staff in U.S., Canada and Costa Rica by end of day

Amazon to lay off staff in U.S., Canada and Costa Rica by end of day

(Reuters) -Amazon.com Inc will cut some jobs in the United States, Canada and Costa Rica by the end of Wednesday as part of its plan t..

Microsoft to shed 10,000 jobs, adding to glut of tech layoffs

Microsoft to shed 10,000 jobs, adding to glut of tech layoffs

By Jeffrey Dastin and Yuvraj Malik DAVOS, Switzerland (Reuters) – Microsoft Corp on Wednesday said it would eliminate 10,000 job..

U.S. dollar advances vs major currencies as risk appetite fades

U.S. dollar advances vs major currencies as risk appetite fades

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose against major currencies on Wednesday in choppy trading, gainin..

SeenThis joins Ad Net Zero UK and supports drive in the US

SeenThis joins Ad Net Zero UK and supports drive in the US

Adaptive streaming company’s technology minimises unnecessary data in advertising for enhanced user experience and reduced climate imp..

David Murray joins VeraViews as Demand Director

David Murray joins VeraViews as Demand Director

The experienced commercial operator will help VeraViews in its mission to increase trust and value across the media ecosystem VeraView..

French Uber drivers to earn more than $8 per ride after union deal

French Uber drivers to earn more than $8 per ride after union deal

By Mathieu Rosemain PARIS (Reuters) – France’s Uber drivers are poised to earn a minimum of 7.65 euros net ($8.25) per rid..

Amazon will not cut jobs in Italy, unions say after meeting

Amazon will not cut jobs in Italy, unions say after meeting

MILAN (Reuters) – Amazon does not plan to cut any jobs in Italy despite a drop in volumes last year, trade unions said on Tuesda..

FTSE 100 snaps four-day winning streak as Britain’s Ocado slumps

FTSE 100 snaps four-day winning streak as Britain’s Ocado slumps

By Johann M Cherian and Shashwat Chauhan (Reuters) -UK’s blue-chip index closed lower on Tuesday, ending a four-day winning stre..

ECB can cut carbon footprint by shedding bonds of biggest polluters

ECB can cut carbon footprint by shedding bonds of biggest polluters

By Virginia Furness and Francesco Canepa LONDON (Reuters) -The European Central Bank could radically cut the carbon footprint of its c..

Explainer-Why Malaysia is considering a ban on palm oil exports to the European Union

Explainer-Why Malaysia is considering a ban on palm oil exports to the European Union

By Mei Mei Chu KUALA LUMPUR (Reuters) – Malaysia, the world’s second-largest palm oil producer, on Thursday said it might ..

EDPR brings Iberia’s first wind-solar power plant on-stream

EDPR brings Iberia’s first wind-solar power plant on-stream

By Sergio Goncalves and Miguel Pereira LISBON (Reuters) – EDP Renovaveis, the world’s fourth-largest renewable power produ..

Portugal approves new vetting system after string of hiring scandals

Portugal approves new vetting system after string of hiring scandals

By Catarina Demony LISBON (Reuters) – Portugal’s government said on Thursday future officials would from now on have to an..

King Charles, Prince William make first appearances since Harry’s memoir

King Charles, Prince William make first appearances since Harry’s memoir

By Michael Holden ABOYNE, Scotland (Reuters) -Britain’s King Charles and Prince William made their first public appearances on T..

Ericsson’s provision for U.S. probe hints of smaller fine, shares jump

Ericsson’s provision for U.S. probe hints of smaller fine, shares jump

STOCKHOLM (Reuters) – Ericsson said on Thursday it would book a 2.3 billion Swedish crown ($220 million) provision for an expect..

German home solar power firm sees bright future as demand soars

German home solar power firm sees bright future as demand soars

By Vera Eckert and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) – Soaring demand for home solar power systems in Germany could..

Lighting maker Signify cuts 2022 outlook again on China, business lighting

Lighting maker Signify cuts 2022 outlook again on China, business lighting

(Reuters) -Signify NV, the world’s biggest maker of lights, on Thursday again cut its full-year 2022 profit margin and sales gui..

Ubisoft shares slump 20% after French video game maker warns on revenue

Ubisoft shares slump 20% after French video game maker warns on revenue

By Dominique Vidalon PARIS (Reuters) -Shares in Ubisoft fell 20% on Thursday after the French video game maker warned on revenue and p..

Centrica names O’Brien as new CFO, raises earnings forecast

Centrica names O’Brien as new CFO, raises earnings forecast

(Reuters) -British Gas owner Centrica on Thursday named Russell O’Brien as its chief financial officer, and raised its full-year..

Suedzucker quarterly profits surge 73.5% despite cost rise

Suedzucker quarterly profits surge 73.5% despite cost rise

HAMBURG (Reuters) -Europe’s largest sugar producer, Suedzucker, on Thursday posted a rise of 73.5%% in quarterly earnings as hig..