Euro zone factory downturn deepened again in March, PMI shows
LONDON (Reuters) – Euro zone manufacturing activity took a further turn for the worse in March, contracting at a steeper pace th..
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IKEA Foundation backs emerging market EV push with $100 million grant
By Simon Jessop and Virginia Furness LONDON (Reuters) – A global initiative to accelerate electric vehicle uptake has received a..
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UK shop prices rise at slowest pace since December 2021
LONDON (Reuters) – Prices in British shops rose at the slowest pace in more than two years in March, the British Retail Consorti..
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Disney edges ahead in battle for board seats with activist investors
By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) – Walt Disney appeared to pull ahead of activist investors in the..
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UBS launches new $2bn share buyback
ZURICH (Reuters) -UBS on Tuesday announced it was launching a new share buyback programme of up to $2 billion, with up to half being c..
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BMW and India’s Tata Technologies to form JV for developing software
BENGALURU (Reuters) -BMW Group and Tata Technologies will form a joint venture for the development of software for the German luxury a..
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Why combatting ageism is key for filling hospitality vacancies and creating an inclusive workplace
Author: Penny Brown, Managing Director of Burgh Island Hotel Recent figures from the ONS have revealed a staggering realit..
Business
Leading kitchenware brand, Scoville, appoint Sprout Media to drive social media strategy
Sprout Media has today announced its appointment by leading quality kitchenware brand, Scoville, to drive the next phase of its social..
Business
King Charles greets well-wishers after Easter Sunday service
WINDSOR, England (Reuters) -Britain’s King Charles greeted well-wishers in an impromptu walkabout after an Easter church service..
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China believes France will provide fair business environment for Chinese firms, foreign ministry says
BEIJING (Reuters) – China will import even more high-quality products and services from France and believes the European country..
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Exclusive-Microsoft to separate Teams and Office globally amid antitrust scrutiny
By Foo Yun Chee BRUSSELS (Reuters) – Microsoft will sell its chat and video app Teams separately from its Office product globall..
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Xiaomi’s EV buyers face up to seven-month wait for car, app shows
By Yelin Mo and Brenda Goh BEIJING (Reuters) -Xiaomi is advising would-be buyers of its new SU7 electric sedan that they could face an..
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Stocks subdued, yen in focus, with inflation data on tap
NEW YORK/LONDON (Reuters) -A gauge of global share markets was barely changed on Thursday as it was poised to end the quarter w..
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Hershey, Mondelez bet big on Easter as cocoa price crisis looms
By Jessica DiNapoli, Maytaal Angel and Richa Naidu NEW YORK/LONDON (Reuters) – Hershey, Mondelez and other confection-makers are..
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Greece to raise monthly minimum wage by 6.4% to 830 euros
ATHENS (Reuters) – Greece will raise its monthly minimum gross wage by 6.4% to 830 euros, the conservative government said on Fr..
Finance
Syngenta ditches multi-billion dollar China IPO bid
BEIJING (Reuters) -Swiss agrichemicals and seeds group Syngenta on Friday withdrew its bid for a multi-billion dollar listing on the S..
News
India keen on trade deals with Britain, Oman early in Modi’s probable third term, sources say
By Shivangi Acharya NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi is likely to prioritise completion of free trade d..
News
UK’s Thames Water in crisis after shareholders refuse to pay up
By Sarah Young LONDON (Reuters) -Thames Water, Britain’s biggest water utility, said on Thursday its shareholders had refused to..
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Mercedes partly loses class action case over diesel defeat devices
BERLIN (Reuters) – A German court ruled on Thursday partly in favour of consumers in a class action suit against Mercedes Benz o..
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UK competition regulator decides against in-depth probe of Aviva, AIG Life UK merger
LONDON (Reuters) -Britain’s competition regulator said on Thursday that it has decided not to open an in-depth ‘phase 2..
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JD Sports’ January sales fall in ‘challenging’ market
LONDON (Reuters) -British sportswear retailer JD Sports said trading conditions remained challenging after its like-for-like sales dro..
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French company Valeo to use more Google Cloud AI tools
PARIS (Reuters) – French car parts maker Valeo said on Thursday it would be using more Google Cloud AI tools at Valeo, highlight..
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BoE’s Haskel says rate cuts should be ‘a long way off’, FT reports
(Reuters) -Bank of England (BoE) interest-rate setter Jonathan Haskel said that rate cuts should be “a long way off,” the..
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Analysis-Foreign firms’ losses from exiting Russia top $107 billion
(Reuters) – The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billio..
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Climate change, AI in focus at Commonwealth’s Oct meet in Samoa
By Cordelia Hsu SYDNEY (Reuters) -Climate change and efforts to keep up with advances in artificial intelligence top the agenda for a ..
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UK homeowners and businesses resilient to high interest rates, BoE says
LONDON, March 27 (Reuters) – British mortgage holders and businesses are generally coping well with high interest rates and prob..
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Analysis – Europe’s gas stocks point to healthy supply next winter
LONDON (Reuters) – The European Union will have plenty of gas in stock next winter and the remaining buyers of Russian pipelin..
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Factbox-European companies cut jobs as economy sputters
(Reuters) – The highest inflation for decades and the impact of the war in Ukraine have forced companies across Europe into lay..
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Ferrari to expand cooperation with battery supplier SK On
MILAN (Reuters) – Luxury sports car manufacturer Ferrari has entered a preliminary agreement with its electric-vehicle (EV) batt..
Business
Shares edge higher; yen’s drop to 1990 low lifts Nikkei
By Kevin Buckland and Amanda Cooper LONDON/TOKYO (Reuters) – Global shares rose on Wednesday, nudged higher by a rally in Japane..
Investment
Olympics-Parisians get ready to leave city with rental cash in pocket
PARIS (Reuters) – Like many Parisians, Martin Cassan will be heading the other way when the tidal wave of Olympics visitors hits..
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Big Oil’s climate planning not good enough, investor group says
By Simon Jessop LONDON (Reuters) -The current low-carbon transition plans of 10 of Europe’s and North America’s biggest li..
News
Brazil, France launch $1.1 billion program to protect Amazon rainforest
By Ueslei Marcelino BELEM, Brazil (Reuters) -Brazil and France on Tuesday launched an investment program to protect the Brazilian and ..
Headlines
Remote work and the vital role of leadership and technology in bridging the distance
David Furby, CEO and founder of IT partner Novatech discusses the role IT has to play in ensuring a great business culture in a hybrid..
Business
Q&A with Rob Whorrod and Clive Stanley of mergers and acquisitions advisory Acqius
With backgrounds in developing, buying and selling engineering firms, Rob Whorrod and Clive Stanley moved into the M&A advisory s..
Business
UK’s ASOS posts 18% drop in first-half sales
LONDON (Reuters) – Online fashion retailer ASOS posted an 18% drop in sales in its first half, but said it was on track to meet ..
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German consumer sentiment stays on slow recovery path, finds GfK
BERLIN (Reuters) – German consumer sentiment is expected to stay on its path of slow recovery in April, helped by fewer househol..
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