NEWS

Varo Energy buys 80% of Dutch biogas firm; aims to double capacity by 2026

Varo Energy buys 80% of Dutch biogas firm; aims to double capacity by 2026

LONDON (Reuters) – Fuel trader and refiner Varo Energy, owned by Carlyle and energy trader Vitol, told Reuters on Thursday it ha..

KFC franchisees in Russia ask govt to halt sale of stores to local operator – RIA

KFC franchisees in Russia ask govt to halt sale of stores to local operator – RIA

MOSCOW (Reuters) – A number of KFC franchisees in Russia have asked the government to stop the sale of the Yum! Brands restauran..

Chinese fret over elderly as WHO warns of holiday COVID surge

Chinese fret over elderly as WHO warns of holiday COVID surge

By Bernard Orr and Liz Lee BEIJING (Reuters) -People in China worried on Thursday about spreading COVID-19 to aged relatives as they p..

NEWS

Stocks becalmed before potential CPI storm

Stocks becalmed before potential CPI storm

By Tom Westbrook SINGAPORE (Reuters) – Asian stocks hovered below seven-month highs on Thursday, as investors waited to see whether U.S. data wi..

Apple may add touch screens to Mac computers – Bloomberg News

Apple may add touch screens to Mac computers – Bloomberg News

(Reuters) -Apple Inc is actively working on adding touch screens to its Mac computers, Bloomberg News reported on Wednesday, citing pe..

JD Sports sees bills-free young shoppers boosting profits

JD Sports sees bills-free young shoppers boosting profits

By Sarah Young LONDON (Reuters) – JD Sports expects young shoppers not yet saddled with household bills to defy the economic glo..

Bayer shares gain on prospect of second activist pushing for change

Bayer shares gain on prospect of second activist pushing for change

By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -Bayer is facing demands from activist investor Bluebell Capital Partners to b..

Cellnex’s CEO Tobias Martinez steps down amid strategy shift

Cellnex’s CEO Tobias Martinez steps down amid strategy shift

MADRID (Reuters) -Spanish phone tower operator Cellnex said on Wednesday its chief executive Tobias Martinez Gimeno has resigned after..

StanChart weighing options, including sale, of aircraft lessor unit

StanChart weighing options, including sale, of aircraft lessor unit

SINGAPORE (Reuters) -Standard Chartered said it is looking to explore alternative options, including a sale, for its aviation finance ..

Low use of shortened work hours points to mild German recession – Ifo

Low use of shortened work hours points to mild German recession – Ifo

BERLIN (Reuters) – Low take up of a government-backed ‘Kurzarbeit’ shortened hours facility points to a “very ..

Move over TINA, it’s time for TARA

Move over TINA, it’s time for TARA

By Naomi Rovnick (Reuters) – A shakeout in financial markets triggered by central banks’ sudden move to abandon ultra-low ..

Dollar stands firm while traders await CPI

Dollar stands firm while traders await CPI

By Tom Westbrook SINGAPORE (Reuters) – The dollar mostly held its ground on Wednesday in spite of downward pressure from lower b..

Germany’s BioNTech buys British AI startup InstaDeep

Germany’s BioNTech buys British AI startup InstaDeep

(Reuters) -BioNTech SE has agreed to acquire British artificial intelligence (AI) startup InstaDeep for up to 562 million pounds ($682..

German chancellor meets auto, battery bosses in ‘mobility’ summit

German chancellor meets auto, battery bosses in ‘mobility’ summit

By Victoria Waldersee and Andreas Rinke BERLIN (Reuters) – German carmakers, Tesla, chip producers and battery maker Northvolt m..

Uniper CEO to resign due to government takeover

Uniper CEO to resign due to government takeover

BERLIN (Reuters) – Uniper Chief Executive Klaus-Dieter Maubach plans to resign this year due to the nationalisation of the embat..

Festive cheer boosts profit outlook for UK’s Card Factory

Festive cheer boosts profit outlook for UK’s Card Factory

By Aby Jose Koilparambil (Reuters) – UK greeting cards retailer Card Factory lifted its full-year earnings forecast on Tuesday a..

UK’s Morgan Advanced Materials reports cyber security incident on its network

UK’s Morgan Advanced Materials reports cyber security incident on its network

(Reuters) – British industrial firm Morgan Advanced Materials Plc said on Tuesday it was assessing a cyber security incident aft..

French PM to unveil pension reform in big test for Macron

French PM to unveil pension reform in big test for Macron

By Caroline Pailliez and Leigh Thomas PARIS (Reuters) – French Prime Minister Elisabeth Borne on Tuesday will unveil the details..

Bentley cruises to record sales in 2022 despite China drop

Bentley cruises to record sales in 2022 despite China drop

By Nick Carey LONDON (Reuters) – British luxury carmaker Bentley on Tuesday reported record vehicle sales for 2022, with strong ..

UK becoming less attractive for investment, manufacturers warn

UK becoming less attractive for investment, manufacturers warn

By Andy Bruce LONDON (Reuters) – Britain has become less competitive and less attractive to foreign investors as a result of soa..

Global stocks close in on 4-week highs, oil rises on hopes of ‘soft landing’

Global stocks close in on 4-week highs, oil rises on hopes of ‘soft landing’

xBy David Randall NEW YORK (Reuters) -World stocks rallied on Monday to their highest levels since mid-December after China reopened i..

Fineco CEO expects fixed income demand to help managed assets

Fineco CEO expects fixed income demand to help managed assets

By Valentina Za MILAN (Reuters) – Italy’s FinecoBank is seeing strong demand for fixed income products as rates rise, whic..

Around 40% of German companies expect output decline in 2023 – IW institute

Around 40% of German companies expect output decline in 2023 – IW institute

BERLIN (Reuters) – Four out of ten German companies expect business to shrink in 2023, a survey by the German Economic Institute..

British PM Sunak revives talks for Arm’s London IPO -FT

British PM Sunak revives talks for Arm’s London IPO -FT

(Reuters) – British Prime Minister Rishi Sunak has revived talks with Japan’s SoftBank Group Corp regarding a London listi..

‘Life is moving forward’: China declares new COVID phase

‘Life is moving forward’: China declares new COVID phase

By Liz Lee and Eduardo Baptista BEIJING (Reuters) -China braced for a “new phase” in its battle against COVID-19 on Monday..

Dollar tentative as investors assess rate-hike path

Dollar tentative as investors assess rate-hike path

SINGAPORE (Reuters) – The U.S. dollar was steady on Monday as investors digested a clutch of economic data released last week th..

Renault considers making mass-market EVs in India -sources

Renault considers making mass-market EVs in India -sources

By Aditi Shah and Gilles Guillaume NEW DELHI/PARIS (Reuters) -Renault is considering building a mass-market electric vehicle in India,..

Macron warns of more healthcare woes as he flags reforms

Macron warns of more healthcare woes as he flags reforms

PARIS (Reuters) – The struggles of France’s health system will probably get worse before things improve, President Emmanue..

EU commission approves delay in medical devices law to avert shortages

EU commission approves delay in medical devices law to avert shortages

LONDON (Reuters) – The European Commission said on Friday it approved delaying the deadline for companies to comply with a new l..

Soccer-Former star Italy striker Vialli dies aged 58

Soccer-Former star Italy striker Vialli dies aged 58

By Keith Weir and Alvise Armellini MILAN (Reuters) -Former Italy striker Gianluca Vialli, who earned 59 caps for his country and enjoy..

Biggest UK house price fall recorded since financial crisis

Biggest UK house price fall recorded since financial crisis

By Andy Bruce LONDON (Reuters) – British house prices slid in December, capping the largest quarterly drop since the financial c..

World food prices hit record high in 2022

World food prices hit record high in 2022

By Sybille de La Hamaide PARIS (Reuters) -A surge in the cost of most food commodities last year, as the disruption caused by Russia&#..

Samsung’s quarterly profit plunges to 8-year low on demand slump

Samsung’s quarterly profit plunges to 8-year low on demand slump

By Joyce Lee and Heekyong Yang SEOUL (Reuters) – Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by tw..

Frasers’ Hugo Boss exposure falls to $691 million

Frasers’ Hugo Boss exposure falls to $691 million

LONDON (Reuters) – British sportswear retailer Frasers Group said on Friday its maximum exposure to German fashion house Hugo Bo..

Sodexo tops Q1 sales estimates as people return to offices

Sodexo tops Q1 sales estimates as people return to offices

(Reuters) -French caterer Sodexo on Friday beat market estimates for first-quarter sales, as a return to the workplace and other venue..

Japan, UK to sign reciprocal access agreement for military officers -Yomiuri

Japan, UK to sign reciprocal access agreement for military officers -Yomiuri

TOKYO (Reuters) – Japan’s Prime Minister Fumio Kishida will sign a reciprocal access agreement for military officers with ..

Mercedez-Benz to deploy advanced automated driving system in Nevada

Mercedez-Benz to deploy advanced automated driving system in Nevada

By David Shepardson (Reuters) -The Nevada Department of Motor Vehicles (DMV) said on Thursday that German carmaker Mercedes-Benz can d..