Headlines

Sterling set for fifth daily rise ahead of UK election

Sterling set for fifth daily rise ahead of UK election

LONDON (Reuters) – The pound rose on Wednesday, taking advantage of a softeni..

Development banks get ratings boost on climate clauses and hybrid bonds

Development banks get ratings boost on climate clauses and hybrid bonds

By Marc Jones LONDON (Reuters) – The World Bank and other top development ban..

Spain to crack down on holiday rentals to address housing crisis

Spain to crack down on holiday rentals to address housing crisis

MADRID (Reuters) – Spain’s government on Wednesday announced a crackdown..

Oil rises on US crude inventory draw, Mideast tensions

Oil rises on US crude inventory draw, Mideast tensions

By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices rose on Wednesday after industry dat..

UK’s Vodafone and Virgin Media agree new network sharing deal

UK’s Vodafone and Virgin Media agree new network sharing deal

LONDON (Reuters) – Britain’s Vodafone and Virgin Media O2 agreed a new ..

Rivian says no plans to produce vehicles with VW after media report on early talks

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 ..

Spain’s Iberdrola calls for greenwashing rules

Spain’s Iberdrola calls for greenwashing rules

By Pietro Lombardi MADRID (Reuters) – Clear rules defining green energy are n..

Shares flat, US Treasury yields weaken as markets weigh Fed chair comments

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 Tue..

Factbox-Battles over CEO pay across the globe

Factbox-Battles over CEO pay across the globe

(Reuters) -A majority of Salesforce shareholders voted against a compensation plan f..

UK’s Sainsbury’s sales up 3%, poor weather dents non-food demand

UK’s Sainsbury’s sales up 3%, poor weather dents non-food demand

By James Davey LONDON (Reuters) -Sainsbury’s, Britain’s second-largest s..

Sterling dented by one-two punch from dollar and euro

Sterling dented by one-two punch from dollar and euro

LONDON (Reuters) – The pound neared its lowest in almost two months against a..

US Treasury yields boost dollar, Powell speech in focus

US Treasury yields boost dollar, Powell speech in focus

By Amanda Cooper and Stefano Rebaudo (Reuters) -Rising U.S. yields supported the dol..

Shell to pause Dutch biofuels project as market sags

Shell to pause Dutch biofuels project as market sags

By Ron Bousso LONDON (Reuters) -Shell will pause construction work at one of Europe..

Qatar Airways posts 39% jump in annual profit to record $1.67 billion

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 r..

German industry turns to solar in race to cut energy costs

German industry turns to solar in race to cut energy costs

By Riham Alkousaa BERLIN (Reuters) – For months, Philip Matthias tried to con..

UK’s Sainsbury’s says weak non-food weighs on quarterly sales growth

UK’s Sainsbury’s says weak non-food weighs on quarterly sales growth

LONDON (Reuters) -Sainsbury’s, Britain’s second largest supermarket gro..

French catering group Sodexo lags Q3 sales expectations

French catering group Sodexo lags Q3 sales expectations

(Reuters) – French food caterer Sodexo reported slightly lower than expected ..

Global factory activity has mixed performance in June, PMIs show

Global factory activity has mixed performance in June, PMIs show

By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Manufacturing activity i..

Euro rallies as French far right faces tricky path to majority

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..

European stocks rally after first round of French vote

European stocks rally after first round of French vote

(Reuters) – European stocks rallied on Monday, with French shares leading the..

Sanofi eyes investment of up to $1.6 billion in Germany, Handelsblatt says

Sanofi eyes investment of up to $1.6 billion in Germany, Handelsblatt says

FRANKFURT (Reuters) – French drugmaker Sanofi is nearing a decision to invest..

Exclusive-Boeing agrees to buy Spirit Aero for $4.7 billion, sources say

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 ..

Asia shares eye five-month winning streak; yen slumps

Asia shares eye five-month winning streak; yen slumps

By Rae Wee SINGAPORE (Reuters) – Asian stocks are headed for a fifth straight..

Stocks inch lower as semiconductor shares ease; yen up vs dollar

Stocks inch lower as semiconductor shares ease; yen up vs dollar

By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes edged lower in cho..

Global carbon removal market could reach $100 billion/yr from 2030-35, report says

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 ..

US dollar retreats after weak economic data; yen gets minor relief

US dollar retreats after weak economic data; yen gets minor relief

By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) -The yen e..

Chinese-owned chipmaker Nexperia invests $200 million in European expansion

Chinese-owned chipmaker Nexperia invests $200 million in European expansion

By Toby Sterling AMSTERDAM/HAMBURG (Reuters) – Nexperia, one of the world̵..

UBS’s new wealth management co-leaders announce reshuffle

UBS’s new wealth management co-leaders announce reshuffle

ZURICH (Reuters) – UBS is making changes to its wealth management arm, the div..

UK retailer Halfords posts lower annual profit

UK retailer Halfords posts lower annual profit

(Reuters) -British bicycle and car products retailer Halfords Group reported a fall ..

Nokia sells submarine networks business ASN to French state

Nokia sells submarine networks business ASN to French state

COPENHAGEN (Reuters) – Nokia on Thursday said it had agreed to sell its submar..

BP halts hiring, slows renewables roll-out to win over investors

BP halts hiring, slows renewables roll-out to win over investors

By Ron Bousso LONDON (Reuters) – BP’s new CEO Murray Auchincloss has imp..

SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports

SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports

(Reuters) – Japanese technology investor SoftBank Group Corp’s Vision Fu..

Dollar hits 38-year high vs yen; stocks mostly ease

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 ..

Euro zone yields edge up before inflation data, caution over France

Euro zone yields edge up before inflation data, caution over France

By Stefano Rebaudo (Reuters) -Euro zone government bond yields rose on Wednesday a..

Yen tumbles to 38-year low vs dollar as likely Japan intervention looms

Yen tumbles to 38-year low vs dollar as likely Japan intervention looms

By Gertrude Chavez-Dreyfuss and Harry Robertson NEW YORK/LONDON (Reuters) – ..

UK retail sales go into reverse this month, CBI survey shows

UK retail sales go into reverse this month, CBI survey shows

(Reuters) -British retail sales softened this month after a recovery in May, and sto..

Aussie dollar jumps on inflation spike, while yen stays under pressure

Aussie dollar jumps on inflation spike, while yen stays under pressure

By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) -The Australian doll..