Honda to recall about 1.2 million vehicles in US – NHTSA
(Reuters) – Honda Motor Co is recalling about 1.2 million vehicles in the United States due to an issue with the rearview camera..
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European shares set for worst week in three months, Siemens Energy plunges
By Shreyashi Sanyal (Reuters) -European shares dipped on Friday at the end of a central bank policy-packed week that reinforced views ..
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UK consumer morale touches 17-month high despite inflation pain – GfK
By Suban Abdulla LONDON (Reuters) – British consumer sentiment hit its highest level since January 2022 as households turn more ..
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Investors increase bets on UK recession as rate hikes bite
LONDON (Reuters) -Markets are doubling down on bets for a UK recession after the Bank of England delivered an outsized rate hike on Th..
News
Exclusive-India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark -sources
By Nidhi Verma NEW DELHI (Reuters) – Indian state-run refiner BPCL is in talks with Rosneft to buy about 6 million metric tons (..
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Lithium producers warn global supplies may not meet electric vehicle demand
By Ernest Scheyder LAS VEGAS (Reuters) – Lithium producers are growing anxious that delays in mine permitting, staffing shortage..
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Saudi’s SAMI signs pact with Safran Helicopter Engines for engine maintenance
(Reuters) – State-owned Saudi Arabian Military Industries(SAMI) signed an agreement with France’s Safran Helicopter Engine..
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Microsoft says new computing service for chemicals can slash R&D time
By Stephen Nellis Microsoft Corp on Wednesday introduced a new computing service aimed at helping chemical companies speed up the rese..
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Navigating Architectural Mistakes: Protecting Your UK Business and Seeking Resolution
Architectural design is of paramount importance in construction. Architecture encompasses so much more than the aesthetics of a buildi..
Business
Rental Business: How to Maximise Your Profits as a Landlord
Even in challenging economic times, property is widely perceived as a wise investment. After all, the demand for housing isn’t a..
Business
Aegon bets on Transamerica to boost cash flow and dividend in 2025
(Reuters) -Transamerica owner Aegon on Thursday forecast a higher free cash flow and dividend in 2025, flagging untapped potential in ..
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Britain says insurer capital rule changes to start by end of 2023
LONDON (Reuters) -Britain’s finance ministry said on Thursday that the first batch of post-Brexit reforms to ‘Solvency II&..
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Analysis-For EV batteries, lithium iron phosphate narrows the gap with nickel, cobalt
By Paul Lienert DETROIT (Reuters) – As the auto industry scrambles to produce more affordable electric vehicles, whose most expe..
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Swiss National Bank calls for new measures after Credit Suisse crash
By Noele Illien ZURICH (Reuters) -The Swiss National Bank (SNB) on Thursday said it was crucial to draw lessons from the Credit Suisse..
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Nasdaq expects expanded markets to justify $10.5 billion Adenza merger price tag
By John McCrank NEW YORK (Reuters) – Nasdaq’s eye-popping $10.5 billion bet on the little known financial software company..
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Intelsat, SES end merger talks – source
(Reuters) -Intelsat has ended merger talks with SES SA, a source familiar with the matter told Reuters on Wednesday, ending what would..
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Hive launches in the UK to give D2C merchants access to European consumers
In the aftermath of London Tech Week, German fulfilment startup, Hive, has announced its U.K. launch as it aims to generate 200 new U...
Finance
Oil rallies as grain markets tighten, dollar falls on Fed Chair comments
By Shariq Khan BENGALURU (Reuters) -Oil prices gained a dollar a barrel on Wednesday as U.S. corn and soybean prices raced to multi-mo..
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A test of time: future-proofing business software in practice
When he was promoting his seminal 1977 album Heroes, David Bowie delivered a promotional aphorism: ‘tomorrow belongs to those who can ..
Business
Dollar higher after Powell says Fed inflation fight ‘has a long way to go’
NEW YORK (Reuters) -The U.S. dollar edged higher against a basket of currencies on Wednesday after Federal Reserve Chair Jerome Powell..
Finance
French send deep diving robot to help Titanic sub search
PARIS (Reuters) – A French robot that can dive to 20,000 feet (6,000 metres) underwater is on its way to help find a tourist sub..
Technology
Factbox-Aviation emissions targets in focus at Paris Airshow
By Joanna Plucinska PARIS (Reuters) – Big deals at this week’s Paris Airshow have highlighted a sharp recovery in air trav..
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UK manufacturers see lowest inflation since Feb 2021 – CBI
LONDON (Reuters) – British manufacturers expect to raise prices by the smallest amount since February 2021 over the next three m..
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German recession will be sharper than expected: Ifo
BERLIN (Reuters) -The German economy will contract more than previously expected this year as sticky inflation takes its toll on priva..
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UK’s Berkeley forecasts 20% drop in house sales as interest rates rises weigh
By Suban Abdulla and Aby Jose Koilparambil (Reuters) -British high-end housebuilder Berkeley on Wednesday forecast a 20% drop in sales..
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UK’s Halfords expects pricing efforts to drive profits
LONDON (Reuters) -Halfords forecast profit would rise 3% in its current financial year, saying its efforts to keep prices low should h..
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European car sales rise in May – ACEA
BERLIN (Reuters) – European new car registrations increased in May, data from the region’s carmaker association showed on ..
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Factbox – Graphite producers doing deals with automakers and battery groups
LONDON (Reuters) – Automakers are rushing to lock in graphite supply from outside dominant producer China as mined graphite dema..
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Mastercard launches global plan to recycle credit cards
By Simon Jessop LONDON (Reuters) – Payments company Mastercard on Wednesday launched a global project to recycle credit and debi..
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Abu Dhabi’s ADNOC in almost $11 billion approach for Covestro -sources
By Emma-Victoria Farr, Ludwig Burger and Patricia Weiss (Reuters) -Abu Dhabi National Oil Company (ADNOC) has approached German plasti..
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UK fines WH Smith, M&S and others for not paying minimum wage
LONDON (Reuters) – Britain has fined more than 200 companies, including top retailers WH Smith, Marks & Spencer and Argos, f..
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Italy’s Brembo to move to Amsterdam to increase M&A options
MILAN (Reuters) – Italy’s Brembo is to move its legal headquarters to the Netherlands and strengthen its loyalty share sch..
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Nasdaq to transfer European power business to EEX bourse
By Vera Eckert and Nora Buli FRANKFURT/OSLO (Reuters) -Nasdaq will transfer its European power trading and clearing business to the Eu..
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Fuelling economic growth: The UK government’s vision for the creative industries
Written by Joanna Reynolds, Managing Director at Bordeaux & Burgundy Last month, the UK Government made an exciting announcement t..
Finance
Abu Dhabi-based ADQ’s talks to take Lazard private fall apart- FT
(Reuters) – Abu Dhabi’s sovereign wealth fund ADQ held talks with investment bank Lazard Ltd to take it private earlier th..
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Factbox-Hyundai’s plans for EVs, restructuring in China
(Reuters) – Hyundai Motor, the No. 3 global automaker by sales with its affiliate Kia Corp, outlined plans on Tuesday for a deep..
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MTU and Safran to create JV on military helicopter developments
(Reuters) – German MTU Aero Engines and French Safran have signed a memorandum of understanding to create a joint-venture on dev..
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