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..
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Global economy seen facing a challenging year -Eurochambres
BERLIN (Reuters) – The international business community expects a challenging 2023 marked by geopolitical tensions, high inflati..
Headlines
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..
Headlines
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..
Headlines
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..
Headlines
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 ..
Headlines
Weduc makes key strategic appointments to drive growth strategy
Rob Pointen appointed as CEO and ParentMail founder, Paul Hughes, appointed as Non-Executive Chairman to grow the next-generati..
Business
The changing media landscape: 2023 predictions
By Naomi Owusu, CEO at Tickaroo 2022 has seen a major shift in how the media is consumed, and journalists have had to a..
Opinion
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
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