Headlines

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 sha..

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..

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..

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 m..

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 imp..

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 imp..

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 compan..

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 big..

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 la..

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 ar..

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 his..

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 exp..

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’..

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 ..

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..

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 s..

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 Monda..

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 int..

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 for..

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 agreemen..

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..

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 s..

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..

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 jealo..

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 s..

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% fa..

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 talk..

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 e..

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 ..

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..

Discount retailer Pepco’s sales growth slows

Discount retailer Pepco’s sales growth slows

LONDON (Reuters) -European discount retailer Pepco Group reported a slowdown in unde..

Big companies toughen banking partner screening after crisis – survey

Big companies toughen banking partner screening after crisis – survey

By Laura Matthews NEW YORK (Reuters) – Large companies are spreading out their..

Wall Street cheers cool CPI with stock rally; dollar, yields decline

Wall Street cheers cool CPI with stock rally; dollar, yields decline

By Lawrence Delevingne (Reuters) -Wall Street stocks advanced on Wednesday and the d..

British digital bank Monzo in talks to buy Nordic lender Lunar

British digital bank Monzo in talks to buy Nordic lender Lunar

LONDON (Reuters) – British digital bank Monzo is in early stage discussions ab..

Germany more flexible on hydrogen transition, emphasises speed – draft

Germany more flexible on hydrogen transition, emphasises speed – draft

FRANKFURT (Reuters) – Germany is set to hold on to its hydrogen economy goals ..

Smurfit Kappa eyes wider North Africa expansion after Morocco opening

Smurfit Kappa eyes wider North Africa expansion after Morocco opening

By Padraic Halpin DUBLIN (Reuters) -Europe’s largest paper and packaging produ..

Bank of England says Britain is coping with higher interest rates

Bank of England says Britain is coping with higher interest rates

By David Milliken, Huw Jones and William Schomberg LONDON (Reuters) -Britain’s..