Significant rise in UK SMEs borrowing money expected in 2023
88% of small and medium sized businesses plan to lean on business finance and credit in the year ahead Seizing growth opportun..
Business
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Dollar stuck near nine-month low vs euro as yen bounces
By Amanda Cooper LONDON (Reuters) -The dollar hovered near a nine-month low against the euro and surrendered recent gains against the ..
Headlines
UK business activity falls at fastest rate in two years -flash PMI
By David Milliken LONDON (Reuters) – British private-sector economic activity fell at its fastest rate in two years in January, ..
News
Swatch positive on recovery in luxury demand from China
By John Revill ZURICH (Reuters) – Swatch Group shares hit their highest level in nearly two-and-a-half years on Tuesday after th..
Business
Euro zone January business activity returns to growth -PMI
LONDON (Reuters) – Euro zone business activity made a surprise return to modest growth in January, adding to signs the downturn ..
Business
UK’s FTSE 100 slips ahead of business activity data
(Reuters) – UK’s FTSE 100 slipped on Tuesday, as losses in pharmaceutical companies’ stocks weighed on the index, wh..
Investment
Pressures ease though German economy still shy of growth -flash PMI
BERLIN (Reuters) – Pressure on the German economy eased further in January as inflation slowed and businesses looked to the new ..
Finance
European shares steady ahead of PMI data
(Reuters) – European stocks edged higher on Tuesday, boosted by a fresh run of gains for technology stocks, while investors awai..
Investment
German consumer sentiment consolidates upward trajectory -GfK
BERLIN (Reuters) – German consumer sentiment is set to improve for a fourth consecutive month in February as energy prices fall,..
News
Pickup in French manufacturing offers hope as services sector still weak -flash PMI
PARIS (Reuters) – Output in the French economy fell slightly overall again in January, a purchasing managers’ survey showe..
Headlines
Primark cautious on 2023 outlook after ‘very strong’ Christmas
LONDON (Reuters) -Clothing retailer Primark reported better-than-expected trading over the Christmas quarter, parent Associated Britis..
Business
Honda to create division to speed up electrification development
TOKYO (Reuters) -Honda Motor Co said on Tuesday it would create a new division in a bid to strengthen and speed up its electrification..
Business
Energy support, debt interest help to swell UK borrowing
LONDON (Reuters) -Britain’s government borrowed more last month than in any December since monthly records began 30 years ago, r..
Finance
Seven shot dead in another mass shooting in California
By Daniel Trotta (Reuters) -Seven people were killed in a mass shooting at two locations in the coastal northern California city of Ha..
Headlines
Oil mixed as investors weigh China demand and U.S. outlook
By Mohi Narayan (Reuters) – Crude oil prices edged higher in Asian trade on Tuesday amid hopes of a fuel demand recovery from to..
News
Luxury giants bank on Chinese return as Western shoppers sober up
By Mimosa Spencer PARIS (Reuters) -The focus of the luxury industry is shifting back to China, with hopes that its high-end spenders w..
Business
After a long, cold year, investors are flocking back to Europe
By Alun John and Danilo Masoni MILAN/LONDON (Reuters) – A European recession looked like a no-brainer just a few weeks ago, but ..
Investment
Dollar in doldrums as euro near 9-month peak, yen bounces
By Kevin Buckland TOKYO (Reuters) – The dollar hovered near a nine-month low to the euro and gave back recent gains against the ..
News
Two energy giants, two green projects: one double-booking in North Sea
By Rowena Edwards and Shadia Nasralla LONDON (Reuters) – Oil major BP plans to build a vast carbon capture project beneath the N..
Headlines
Cryptoverse: Bitcoin investors take control
By Lisa Pauline Mattackal and Medha Singh (Reuters) – Paranoid? The domino downfall of FTX and other crypto custodians is enough..
Investment
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,..
News
Dollar edges lower vs euro on ECB rate hike bets
By Saqib Iqbal Ahmed and Samuel Indyk NEW YORK (Reuters) – The dollar slipped against the euro on Monday, at one point hitting a..
News
Oil settles mixed after hitting 7-week high on strong China outlook
By Stephanie Kelly NEW YORK (Reuters) -Oil prices settled mixed on Monday, retreating as investors cashed in on a jump to a seven-week..
Headlines
Stocks, euro gain amid divergent Fed, ECB rate hike outlooks
By Herbert Lash NEW YORK (Reuters) -Global equity markets surged on Monday as easing recession fears and hopes of a less aggressive Fe..
Investment
French artificial heart maker Carmat targets break-even in 2027
By Dina Kartit (Reuters) -French artificial heart maker Carmat expects to break-even in 2027, it said on Monday, as it gradually resum..
Technology
ECB policymakers spar on rate outlook beyond Feb hike
By Balazs Koranyi and Robert Muller FRANKFURT/PRAGUE (Reuters) -European Central Bank policymakers laid out diverging views on future ..
Finance
Portugal agrees to swap Cape Verde’s debt for environmental investment
By Sergio Goncalves LISBON (Reuters) – Portugal has signed an agreement to swap Cape Verde’s debt for investments in an en..
News
EU to aggregate cancer imaging data across bloc in new project
By Maggie Fick and Ludwig Burger (Reuters) -The European Union on Monday launched a project to collect and aggregate cancer imaging da..
News
Top hedge funds earned sharply less for clients in 2022, LCH data shows
By Svea Herbst-Bayliss (Reuters) -The 20 best performing hedge fund managers earned $22.4 billion for investors in 2022, marking their..
Investment
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..
Finance
Exclusive-Goldman Sachs to cut asset management investments that weighed on earnings
By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs Group Inc’s asset management arm will significantly reduce the $59 billion of a..
Headlines
Power company Engie: lower French gas distribution volumes in 2022 due to warmer weather
PARIS (Reuters) – French power company Engie said on Monday that the fact that France had warmer temperatures in 2022 compared t..
Headlines
UK stocks rise on boost from consumer firms, miners
(Reuters) -UK’s main stock indexes closed higher on Monday, buoyed by consumer firms and miners, while investors awaited domesti..
Investment
Tech lifts European shares as economic outlook improves
By Sruthi Shankar and Amruta Khandekar (Reuters) -European stocks climbed on Monday, with technology firms spearheading gains, as opti..
Investment
EU gas price cap risks curbing market liquidity, regulators warn
By Kate Abnett BRUSSELS/AMSTERDAM (Reuters) -The European Union’s gas price cap, which launches next month, could impact financi..
News
Italy’s Enel X partners with Toyota on electric mobility
ROME (Reuters) – Enel X Way, the e-mobility division of Italy’s biggest utility Enel, will make available its domestic and..
Business
Chinese buyers returned for French barley this month -traders
By Gus Trompiz and Michael Hogan PARIS/HAMBURG (Reuters) – Chinese buyers are thought to have booked at least several large vess..
Investment