Why UK healthtech is the next unicorn hub for investors to watch
In the United Kingdom, the healthtech sector has experienced a rapid growth in investment, with investment skyrocketing from a mere $4..
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EU lawmakers back ban on goods linked to deforestation
By Kate Abnett BRUSSELS (Reuters) -The European Parliament approved a landmark deforestation law on Wednesday to ban imports into the ..
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Testing waters, Hungary’s central bank flags cut in top end of rate corridor
By Krisztina Than and Alan Charlish BUDAPEST (Reuters) – Hungary’s central bank could cut its 25% top collateralised loan ..
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Euro zone services booming but sentiment recovery may have stalled -ECB’s Lane
DUBLIN (Reuters) -Growth in services across the euro zone is still accelerating but the steady improvement in business and consumer se..
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UK’s Heathrow, airlines appeal regulator’s landing fee cut
By Sarah Young LONDON (Reuters) -A cut to the fees Britain’s Heathrow can charge airlines faces separate appeals from the airpor..
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TIM shares slide as reported grid bids disappoint
ROME/MILAN (Reuters) – Shares in Telecom Italia (TIM) tumbled more than 5% on Wednesday on disappointment at the reported valuat..
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Heineken sees Europe resilience offseting Asia slowdown risk
By Philip Blenkinsop BRUSSELS (Reuters) -Heineken maintained its forecast for 2023 profit growth with the risk of slower economic expa..
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Oil dips as potential Fed rate hike overshadows falling stocks
By Laila Kearney and Muyu Xu (Reuters) -Oil dropped on Wednesday as the market weighed potential interest rate hikes from the U.S. Fed..
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Just Eat Takeaway raises 2023 guidance, launches buyback
By Tristan Veyet and Laura Lenkiewicz (Reuters) -Just Eat Takeaway.com NV raised its 2023 adjusted core profit outlook on Wednesday, s..
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Allianz puts N26 stake up for sale at $3 billion valuation – FT
(Reuters) – A unit of Allianz SE has put about 5% of its stake in German online bank N26 up for sale at a steep discount, valuin..
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US FTC leaders will target AI that violates civil rights or is deceptive
WASHINGTON (Reuters) – Leaders of the U.S. Federal Trade Commission said on Tuesday the agency would pursue companies who misuse..
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Crypto firms will develop ‘offshore’ without clear US rules, Coinbase chief says
By Tom Wilson and Elizabeth Howcroft LONDON (Reuters) -The U.S. and Britain should make their rules for the crypto industry much clear..
Headlines
Dollar slips after upbeat China data; euro, pound rise
By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) – The dollar fell against most major currencies on Tuesday after bett..
Finance
Reaping returns and the growing importance of investing in new agri tech
Written by Violeta Gevorkjan, Sustainability Officer at HeavyFinance The UK government recently announced a £9.13 million..
Business
France’s Macron promises government action plan in next 100 days
By Michel Rose PARIS (Reuters) -French President Emmanuel Macron on Monday gave himself 100 days to heal the country after weeks of pr..
Headlines
Business insolvency in England and Wales soars in March
LONDON (Reuters) – More companies in England and Wales entered insolvency during March than at any point since monthly records s..
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Germany added 35% more electric car charge points in 2022, says BDEW
FRANKFURT (Reuters) – The number of electric vehicle charging points in Germany rose by 35% last year, exceeding the rate of inc..
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GSK bets $2 billion on Bellus cough drug to soothe pipeline fears
By Natalie Grover and Aby Jose Koilparambil (Reuters) -GSK plans to buy Canada-based drug developer Bellus Health Inc in an all-cash d..
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UK unemployment edges up but pay growth beats forecasts
By David Milliken LONDON (Reuters) -Britain’s unemployment rate rose unexpectedly in the three months to February but pay growth..
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Takeover-target THG misses downgraded 2022 earnings guidance
LONDON (Reuters) – THG, the online retail platform that said on Monday it had received an approach, missed its downgraded expect..
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UBS makes changes to buyback programme following Credit Suisse takeover
ZURICH (Reuters) -UBS on Tuesday said it was making changes to its $6 billion share buyback programme following its takeover of Credit..
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Ericsson’s quarterly core profit misses expectations
STOCKHOLM (Reuters) -Sweden’s Ericsson on Tuesday reported first-quarter core earnings that missed expectations as telecom custo..
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Northvolt and Scania unveil battery for heavy trucks
STOCKHOLM(Reuters) – Truck-maker Scania and battery producer Northvolt on Tuesday said they had developed an electric battery wi..
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Manchester United tanks on report Glazers may avoid sale with new investment
(Reuters) – Shares of Manchester United PLC fell 13% on Monday after a report said the Glazer family was confident of securing a..
Investment
Glencore courts 120 Teck investors for bid backing as spinoff vote looms -source
LONDON (Reuters) -Glencore executives have met or spoken with some 120 Teck Resources shareholders during a short visit to Toronto to ..
Headlines
EU lawmakers call for summit to control ‘very powerful’ AI
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) -EU lawmakers urged world leaders on Monday to hold a summit to fi..
Technology
Britain seeks to boost banking services from fintechs
By Huw Jones LONDON (Reuters) – Britain’s financial regulators said on Monday they would set up a new body over the next t..
Headlines
Analysis-Rocket startups face adapt-or-die moment amid investment drought
WASHINGTON (Reuters) – Demand for sending satellites into space remains strong, but U.S. rocket startups are taking drastic meas..
Headlines
Banking stability worries go behind closed doors at IMF-World Bank meetings
WASHINGTON (Reuters) – Just a month after the biggest banking crisis in more than a decade, the world’s top economic and f..
Finance
Dollar hits one-month high against yen as traders bet on Fed rate hike
By Harry Robertson LONDON (Reuters) – The dollar climbed to a one-month high against Japan’s yen on Monday as traders eyed..
Headlines
Agnellis’ Exor eyes further healthcare investment for expansion
By Giulio Piovaccari MILAN (Reuters) -Exor the holding company of Italy’s Agnelli family, will seek further opportunities to exp..
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Shareholder group ISS backs Barclays board over former CEO Staley
By Sinead Cruise LONDON (Reuters) -Institutional Shareholder Services (ISS) has recommended Barclays investors re-elect all board memb..
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Sega Sammy says it is considering buying Angry Birds maker Rovio
TOKYO (Reuters) – Japan’s Sega Sammy Holdings Inc said on Monday it was considering acquiring Finland’s Rovio Entert..
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Volkswagen to partner on Indonesia EV battery ecosystem -minister
JAKARTA (Reuters) – Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with miner Va..
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Australian court approves BHP’s $6.4 billion OZ Minerals takeover
(Reuters) – Global miner BHP Group Ltd said on Monday the Federal Court of Australia had approved its A$9.6 billion ($6.44 billi..
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At China’s largest trade fair, exporters worry about world economy
By Ellen Zhang and David Kirton GUANGZHOU (Reuters) -Chinese exporters exhibiting their products at the country’s largest trade ..
Headlines
France’s Ynsect to refocus bug business after capital increase
By Sybille de La Hamaide PARIS (Reuters) – French insect-based ingredients maker Ynsect will refocus its strategy on high-margin..
Headlines