Headlines

Exclusive-SoftBank considering US listing for its PayPay business – sources

Exclusive-SoftBank considering US listing for its PayPay business – sources

By Sam Nussey and Miho Uranaka TOKYO (Reuters) -SoftBank is considering a U.S. listi..

Oil steadies amid economic concerns, higher U.S. crude stocks

Oil steadies amid economic concerns, higher U.S. crude stocks

By Laura Sanicola and Trixie Yap (Reuters) -Oil prices barely moved on Wednesday as ..

IBM mulls using its own AI chip in new cloud service to lower costs

IBM mulls using its own AI chip in new cloud service to lower costs

By Stephen Nellis SAN FRANCISCO (Reuters) – International Business Machines (I..

Zara owner boosts sustainability goals as fast-fashion feels the heat

Zara owner boosts sustainability goals as fast-fashion feels the heat

By Corina Pons and Helen Reid MADRID/LONDON (Reuters) -Zara owner Inditex said on Tu..

LG Chem raising $2 billion in exchangeable bonds

LG Chem raising $2 billion in exchangeable bonds

SEOUL (Reuters) – South Korea’s LG Chem Ltd is raising $2 billion in bon..

Stocks rise, dollar retreats ahead of inflation data

Stocks rise, dollar retreats ahead of inflation data

LONDON (Reuters) -Global shares rose and the dollar eased on Tuesday ahead of U.S. i..

Heathrow passenger numbers near pre-pandemic levels in June

Heathrow passenger numbers near pre-pandemic levels in June

LONDON (Reuters) – Heathrow Airport, Britain’s busiest, said 7 million p..

U.S. says to move forward with transfer of F-16 jets to Turkey

U.S. says to move forward with transfer of F-16 jets to Turkey

VILNIUS (Reuters) – U.S. President Joe Biden will move forward with the transf..

Analysis-Japan’s changing views on price hikes open door for BOJ policy tweak

Analysis-Japan’s changing views on price hikes open door for BOJ policy tweak

By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) – Japanese consumers may..

Food prices squeeze consumers in June, hot weather boosts summer spending: BRC

Food prices squeeze consumers in June, hot weather boosts summer spending: BRC

By Suban Abdulla LONDON (Reuters) – Unusually hot weather boosted sales of sun..

Oil rises on OPEC+ cuts, weaker dollar

Oil rises on OPEC+ cuts, weaker dollar

By Arathy Somasekhar and Sudarshan Varadhan (Reuters) -Oil prices edged higher on Tu..

Apple opens store on China’s WeChat platform

Apple opens store on China’s WeChat platform

BEIJING (Reuters) -Tencent’s WeChat said on Tuesday that iPhone maker Apple ha..

Uniper chief says flexible duration LNG contracts key for Europe

Uniper chief says flexible duration LNG contracts key for Europe

By Nia Williams VANCOUVER (Reuters) – Shorter-duration contracts for LNG purch..

L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender

L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender

BENGALURU (Reuters) – Engineering and construction major Larsen & Toubro o..

Humn.ai Partners with QBE Insurance Group to Offer its Innovative Dynamic Pricing Insurance Solution to Taxi Fleets

Humn.ai Partners with QBE Insurance Group to Offer its Innovative Dynamic Pricing Insurance Solution to Taxi Fleets

The partnership will see QBE underwrite Humn.ai’s dynamically priced ins..

Oil steadies as market digests supply and demand outlook

Oil steadies as market digests supply and demand outlook

By Natalie Grover LONDON (Reuters) -Oil prices were little changed on Thursday as th..

Google lays off staff at its mapping app Waze

Google lays off staff at its mapping app Waze

(Reuters) -Alphabet-owned Google on Tuesday said it is cutting jobs at mapping app W..

Hungary not getting EU recovery funds would hit credibility – Fitch

Hungary not getting EU recovery funds would hit credibility – Fitch

By Gergely Szakacs BUDAPEST (Reuters) – Any failure by Hungary to pass reforms..

Renault CEO says free float of future electric unit will be more than 10%

Renault CEO says free float of future electric unit will be more than 10%

PARIS (Reuters) – A sizeable chunk of Renault’s planned electric vehicle..

Accor plans to add more than 1,200 hotels

Accor plans to add more than 1,200 hotels

(Reuters) -Accor plans to open more than 1,200 hotels in the next five years, increa..

Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal

Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal

KUALA LUMPUR (Reuters) –     Petronas said on Tuesday it has signed a developm..

Illumina starts job cuts, plans office exit to rein in costs

Illumina starts job cuts, plans office exit to rein in costs

(Reuters) -Illumina Inc has commenced job cuts, the genetic sequencing equipment mak..

Britain says Celsa Steel has repaid emergency COVID loan, created 300 jobs

Britain says Celsa Steel has repaid emergency COVID loan, created 300 jobs

LONDON (Reuters) – The British arm of Celsa Steel has fully repaid an emergenc..

How Greenwashing Undermines the Environmental Transition

How Greenwashing Undermines the Environmental Transition

“The most efficient profit maximization scheme in the short term is not to make inve..

Euronext to sell 11.1% stake in LCH SA to LCH Group

Euronext to sell 11.1% stake in LCH SA to LCH Group

PARIS (Reuters) -European stock market operator Euronext said on Monday it had agree..

Analysis-After the buzz, investors are doing their own homework on AI

Analysis-After the buzz, investors are doing their own homework on AI

By Danilo Masoni and Lucy Raitano MILAN (Reuters) – The rapid adoption of gene..

Explainer-Top Indian startup Byju’s battles auditor criticism, board exits

Explainer-Top Indian startup Byju’s battles auditor criticism, board exits

By M. Sriram MUMBAI (Reuters) – Education technology giant Byju’s, one o..

Honda to recall about 1.2 million vehicles in US – NHTSA

Honda to recall about 1.2 million vehicles in US – NHTSA

(Reuters) – Honda Motor Co is recalling about 1.2 million vehicles in the Unit..

European shares set for worst week in three months, Siemens Energy plunges

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 cent..

UK consumer morale touches 17-month high despite inflation pain – GfK

UK consumer morale touches 17-month high despite inflation pain – GfK

By Suban Abdulla LONDON (Reuters) – British consumer sentiment hit its highest..

Exclusive-India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark -sources

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..

Lithium producers warn global supplies may not meet electric vehicle demand

Lithium producers warn global supplies may not meet electric vehicle demand

By Ernest Scheyder LAS VEGAS (Reuters) – Lithium producers are growing anxious..

Saudi’s SAMI signs pact with Safran Helicopter Engines for engine maintenance

Saudi’s SAMI signs pact with Safran Helicopter Engines for engine maintenance

(Reuters) – State-owned Saudi Arabian Military Industries(SAMI) signed an agre..

Microsoft says new computing service for chemicals can slash R&D time

Microsoft says new computing service for chemicals can slash R&D time

By Stephen Nellis Microsoft Corp on Wednesday introduced a new computing service aim..

Aegon bets on Transamerica to boost cash flow and dividend in 2025

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..

Britain says insurer capital rule changes to start by end of 2023

Britain says insurer capital rule changes to start by end of 2023

LONDON (Reuters) -Britain’s finance ministry said on Thursday that the first b..

Analysis-For EV batteries, lithium iron phosphate narrows the gap with nickel, cobalt

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 ..