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European shares gain on boost from Kering; UK stocks shine

European shares gain on boost from Kering; UK stocks shine

By Amruta Khandekar (Reuters) -European shares rose on Wednesday on a boost from shares of Kering after top management changes at the ..

Truck maker Volvo’s quarterly profit surges, beats estimates

Truck maker Volvo’s quarterly profit surges, beats estimates

By Marie Mannes STOCKHOLM (Reuters) -Swedish truckmaker AB Volvo on Wednesday logged a better-than-expected 57% jump in second-quarter..

Inflation surprise sets UK homebuilders for biggest rally since 2008

Inflation surprise sets UK homebuilders for biggest rally since 2008

MILAN (Reuters) – Shares in UK property-related stocks rallied on Wednesday as investors cheered data that showed UK inflation s..

Aviva releases H1 2023 profit guidance, growth estimates

Aviva releases H1 2023 profit guidance, growth estimates

LONDON (Reuters) – Aviva said on Wednesday it expected to deliver around 700 million pounds ($907.20 million) in group operating..

Canada defends digital taxes but sees path for global deal

Canada defends digital taxes but sees path for global deal

OTTAWA (Reuters) -Canada on Tuesday defended its decision to push ahead with its implementation of digital services taxes starting nex..

Spain antitrust watchdog fines Amazon, Apple $218 million

Spain antitrust watchdog fines Amazon, Apple $218 million

MADRID (Reuters) – Spain’s antitrust watchdog on Tuesday said it had imposed fines worth a total 194.1 million euros ($218..

Nestle increases local sourcing in South Africa with new processing plant

Nestle increases local sourcing in South Africa with new processing plant

By Anait Miridzhanian HAMMANSKRAAL, South Africa (Reuters) – Swiss food company Nestle said on Tuesday it would be locally sourc..

Marketmind: Gap between Asia and world markets widens

Marketmind: Gap between Asia and world markets widens

(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Whatever is driving Wall ..

Intensifying heat waves prompt health warnings for Europe, US

Intensifying heat waves prompt health warnings for Europe, US

By Liliana Salgado PHOENIX (Reuters) -A global pattern of heat waves scorching parts of Europe, Asia and the United States intensified..

Global shares rise, dollar rebounds as Fed seen on target for rate hike

Global shares rise, dollar rebounds as Fed seen on target for rate hike

NEW YORK (Reuters) – The dollar rebounded off a 15-month low and global stock markets rose on Tuesday as upbeat earnings on Wall..

The impact of workplace morale on business success

The impact of workplace morale on business success

It’s often a term linked to military campaigns and keeping troops cohesive and focused, but the word morale has many more connotations..

Swedbank profit exceeds forecast as real estate slump leaves scant mark

Swedbank profit exceeds forecast as real estate slump leaves scant mark

By Niklas Pollard STOCKHOLM (Reuters) -Swedish banking group Swedbank reported a bigger-than-expected rise in net profit on Tuesday on..

Unpacking the financial services and markets bill

Unpacking the financial services and markets bill

The economy continues to show signs of instability and uncertainty, showing a decline of 0.1 per cent in GDP in May, as the government..

Greece to begin selling bank stakes this autumn-sources

Greece to begin selling bank stakes this autumn-sources

ATHENS (Reuters) – Greece will this autumn start selling stakes in its four largest banks, sector officials and bankers said on ..

Japan PM Kishida in Abu Dhabi for energy, green tech talks

Japan PM Kishida in Abu Dhabi for energy, green tech talks

By Rachna Uppal ABU DHABI (Reuters) – Japanese Prime Minister Fumio Kishida arrived in the United Arab Emirates on Monday for th..

Global temperatures near record highs as US, China meet on climate

Global temperatures near record highs as US, China meet on climate

By Charlie Devereux MADRID (Reuters) – Global temperatures were soaring to historic highs as the world’s two biggest carbo..

German economy may disappoint as sentiment worsens – Bundesbank

German economy may disappoint as sentiment worsens – Bundesbank

FRANKFURT (Reuters) – The German economy may shrink by more this year than expected only a few weeks ago despite a small bounce ..

Spain election: Bike lanes, low-emission zones in crosshairs in rightist-run cities

Spain election: Bike lanes, low-emission zones in crosshairs in rightist-run cities

MADRID/VALLADOLID (Reuters) – Aiming to highlight the city of Valladolid’s green credentials, Spain’s Environment Mi..

TomTom lifts 2023 forecasts after new maps help beat Q2 expectations

TomTom lifts 2023 forecasts after new maps help beat Q2 expectations

(Reuters) -Digital mapping specialist TomTom on Monday raised its full-year revenue and free cash flow forecasts after the roll-out of..

CDS panel rules UBS is sole successor to Credit Suisse after merger

CDS panel rules UBS is sole successor to Credit Suisse after merger

LONDON (Reuters) -A committee that reviews disputes in the credit default swaps (CDS) market said on Monday that UBS is the sole succe..

Luxury group Richemont boosted by Asia recovery but Americas weigh

Luxury group Richemont boosted by Asia recovery but Americas weigh

ZURICH (Reuters) -Luxury group Richemont reported a 14% increase in first- quarter sales on Monday, boosted by a strong rebound in Asi..

Belgium telecom provider Proximus to buy majority stake in India’s Route Mobile

Belgium telecom provider Proximus to buy majority stake in India’s Route Mobile

BENGALURU (Reuters) – Belgian telecom service provider Proximus Group on Monday said it will buy a 57.56% stake in Route Mobile ..

Russian scientists warn of powerful solar flare activity on Monday

Russian scientists warn of powerful solar flare activity on Monday

(Reuters) – Powerful solar flare activity is forecast for Monday which may interfere with short-wave communications, Russian sci..

UN Security Council to hold first talks on AI risks

UN Security Council to hold first talks on AI risks

LONDON (Reuters) – The United Nations Security Council will hold its first formal discussion on artificial intelligence (AI) thi..

What British healthtech can learn from fintech

What British healthtech can learn from fintech

It’s no secret that the NHS is currently in a state of crisis. It creaks under the weight of an immense backlog – which in May reached..

 Staying ahead of the curve: strategies for small business success in times of economic uncertainty

 Staying ahead of the curve: strategies for small business success in times of economic uncertainty

By Jacqueline Bourke, Director and Head of Creative Insights EMEA at iStock SMBs and entrepreneurs have demonstrated incredible resili..

StanChart to sell sub-Saharan Africa business to Access Bank

StanChart to sell sub-Saharan Africa business to Access Bank

DUBAI (Reuters) – Standard Chartered said on Friday it has reached an agreement to sell its subsidiaries in sub-Saharan Africa t..

Small business distress index hits mid-2020 high

Small business distress index hits mid-2020 high

LONDON (Reuters) – Corporate distress among small and medium-sized enterprises (SMEs) hit its highest since mid-2020 in the thre..

Auto lobby urges Spain’s next government to commit to decarbonisation

Auto lobby urges Spain’s next government to commit to decarbonisation

(This July 12 story has been corrected to clarify that the forecast is for all car sales in Spain, not just EV sales, in paragraph 8) ..

Signs ‘crypto winter’ ending as regulatory fog begins to lift

Signs ‘crypto winter’ ending as regulatory fog begins to lift

By Tom Westbrook and Rae Wee SINGAPORE (Reuters) -Cryptocurrencies were testing year highs on Friday as a run of favourable regulatory..

Italy’s luxury groups set aside rivalries to keep it local

Italy’s luxury groups set aside rivalries to keep it local

MILAN (Reuters) – Italy’s luxury fashion groups, which for decades jealously guarded their independence, have started team..

Euro zone ministers agree on gradual wind-down of spending

Euro zone ministers agree on gradual wind-down of spending

BRUSSELS (Reuters) – Euro zone finance ministers agreed on Thursday that the single currency area needed a “determined, gr..

Ericsson’s quarterly operating profit declines, beats expectations

Ericsson’s quarterly operating profit declines, beats expectations

By Martin Coulter LONDON (Reuters) – Sweden’s Ericsson reported a 62% fall in second-quarter adjusted operating profit on ..

Exclusive-Canada unfreezes talks with Turkey on export controls after NATO move-source

Exclusive-Canada unfreezes talks with Turkey on export controls after NATO move-source

By Jonathan Spicer and Huseyin Hayatsever ANKARA (Reuters) -Canada has unfrozen talks with Turkey on lifting export controls on drone ..

Bosch ups investment in hydrogen, begins fuel-cell power module production

Bosch ups investment in hydrogen, begins fuel-cell power module production

BERLIN (Reuters) – German auto supplier Bosch will invest almost 2.5 billion euros ($2.8 billion) in hydrogen fuel cell technolo..

Elon Musk thinks China is interested in an international AI framework

Elon Musk thinks China is interested in an international AI framework

By Kanishka Singh and Anna Tong WASHINGTON (Reuters) -Billionaire Elon Musk said on Wednesday he thinks China is interested in a coope..

UK’s Domino’s Pizza Group names new CEO

UK’s Domino’s Pizza Group names new CEO

(Reuters) -Domino’s Pizza Group said on Thursday Andrew Rennie, who has served as the Europe chief for a major franchise operato..