World stocks rise on rate cut bets, yen flounders at 38-year lows
By Alun John and Dhara Ranasinghe LONDON (Reuters) -Shares around the world rose on Wednesday as comments from Federal Reserve Chair J..
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Sterling set for fifth daily rise ahead of UK election
LONDON (Reuters) – The pound rose on Wednesday, taking advantage of a softening in the dollar and a reading of business activit..
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Development banks get ratings boost on climate clauses and hybrid bonds
By Marc Jones LONDON (Reuters) – The World Bank and other top development banks got a double boost on Tuesday as Fitch said deb..
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Spain to crack down on holiday rentals to address housing crisis
MADRID (Reuters) – Spain’s government on Wednesday announced a crackdown on short-term and seasonal holiday lettings amid ..
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Oil rises on US crude inventory draw, Mideast tensions
By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices rose on Wednesday after industry data showed a bigger-than-expected draw in U.S. crude..
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UK’s Vodafone and Virgin Media agree new network sharing deal
LONDON (Reuters) – Britain’s Vodafone and Virgin Media O2 agreed a new network sharing agreement to extend their existing..
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Rivian says no plans to produce vehicles with VW after media report on early talks
SAN FRANCISCO (Reuters) -Rivian on Tuesday said it had no plans to produce vehicles with Volkswagen after a media report said the U.S...
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Spain’s Iberdrola calls for greenwashing rules
By Pietro Lombardi MADRID (Reuters) – Clear rules defining green energy are necessary to tackle misleading or exaggerated clima..
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Shares flat, US Treasury yields weaken as markets weigh Fed chair comments
NEW YORK (Reuters) -Global stocks were flat while U.S. Treasury yields dipped on Tuesday as markets weighed data showing a continuing ..
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Factbox-Battles over CEO pay across the globe
(Reuters) -A majority of Salesforce shareholders voted against a compensation plan for CEO Marc Benioff and other top executives, acco..
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UK’s Sainsbury’s sales up 3%, poor weather dents non-food demand
By James Davey LONDON (Reuters) -Sainsbury’s, Britain’s second-largest supermarket group, reported a 3% rise in first-quar..
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Sterling dented by one-two punch from dollar and euro
LONDON (Reuters) – The pound neared its lowest in almost two months against a robust dollar on Tuesday, as the U.S. currency go..
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8 Emerging Sectors Benefiting from R&D Tax Incentives
R&D tax credits are becoming a vital tool for businesses across various industries. This tax benefit encourages companies to inves..
Finance
US Treasury yields boost dollar, Powell speech in focus
By Amanda Cooper and Stefano Rebaudo (Reuters) -Rising U.S. yields supported the dollar on Tuesday, with low-yielding currencies such ..
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Shell to pause Dutch biofuels project as market sags
By Ron Bousso LONDON (Reuters) -Shell will pause construction work at one of Europe’s largest biofuel plants due to weak market..
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Qatar Airways posts 39% jump in annual profit to record $1.67 billion
DUBAI (Reuters) – Qatar Airways posted a 39% jump in annual net profit to a record 6.1 billion Qatari riyals ($1.67 billion) on..
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German industry turns to solar in race to cut energy costs
By Riham Alkousaa BERLIN (Reuters) – For months, Philip Matthias tried to convince his father to install solar panels on their ..
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UK’s Sainsbury’s says weak non-food weighs on quarterly sales growth
LONDON (Reuters) -Sainsbury’s, Britain’s second largest supermarket group, kept its annual financial guidance as it repor..
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French catering group Sodexo lags Q3 sales expectations
(Reuters) – French food caterer Sodexo reported slightly lower than expected third-quarter sales on Tuesday, citing a change in..
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Virtual Cards for Payments: Enhancing Online Security and Convenience
The virtual credit cards offer an outstanding solution that combines cutting-edge fintech technology with increased security and conve..
Finance
Global factory activity has mixed performance in June, PMIs show
By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Manufacturing activity in Europe suffered a setback last month but Asian f..
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Euro rallies as French far right faces tricky path to majority
By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) -The euro jumped on Monday after a convincing and historic win by the French..
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European stocks rally after first round of French vote
(Reuters) – European stocks rallied on Monday, with French shares leading the way after the far-right National Rally (RN) party..
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Sanofi eyes investment of up to $1.6 billion in Germany, Handelsblatt says
FRANKFURT (Reuters) – French drugmaker Sanofi is nearing a decision to invest between 1.3 billion euros and 1.5 billion euros (..
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Exclusive-Boeing agrees to buy Spirit Aero for $4.7 billion, sources say
By Mike Stone and Allison Lampert WASHINGTON (Reuters) -Boeing agreed on Sunday to acquire Spirit AeroSystems for more than $4 billio..
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Asia shares eye five-month winning streak; yen slumps
By Rae Wee SINGAPORE (Reuters) – Asian stocks are headed for a fifth straight month of gains on Friday, bolstered by the growin..
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Stocks inch lower as semiconductor shares ease; yen up vs dollar
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes edged lower in choppy trading Thursday as Micron Technology shares f..
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Global carbon removal market could reach $100 billion/yr from 2030-35, report says
LONDON (Reuters) – The global market for carbon dioxide (CO2) removal credits could reach up to $100 billion a year between 2030..
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US dollar retreats after weak economic data; yen gets minor relief
By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) -The yen edged up from a 38-year low against the U.S. dollar..
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Transform Your Business Space with Commercial Building Power Washing
Is your commercial property in need of a transformation? Discover the remarkable benefits of commercial building power washing, also k..
Business
Chinese-owned chipmaker Nexperia invests $200 million in European expansion
By Toby Sterling AMSTERDAM/HAMBURG (Reuters) – Nexperia, one of the world’s largest makers of basic semiconductors such as..
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UBS’s new wealth management co-leaders announce reshuffle
ZURICH (Reuters) – UBS is making changes to its wealth management arm, the division’s new co-leaders Rob Karofsky and Iqba..
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UK retailer Halfords posts lower annual profit
(Reuters) -British bicycle and car products retailer Halfords Group reported a fall in annual profit on Thursday as footfall across it..
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Nokia sells submarine networks business ASN to French state
COPENHAGEN (Reuters) – Nokia on Thursday said it had agreed to sell its submarine networks business ASN to the French state for ..
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BP halts hiring, slows renewables roll-out to win over investors
By Ron Bousso LONDON (Reuters) – BP’s new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind ..
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SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports
(Reuters) – Japanese technology investor SoftBank Group Corp’s Vision Fund 2 is investing between $10 million and $20 mill..
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Dollar hits 38-year high vs yen; stocks mostly ease
NEW YORK (Reuters) -The dollar hit a fresh 38-year high against the Japanese yen on Wednesday, with investor speculation high that Jap..
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