Bank of England says Britain is coping with higher interest rates
By David Milliken, Huw Jones and William Schomberg LONDON (Reuters) -Britain’s economy is so far proving resilient to a surge in..
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Exclusive-SoftBank considering US listing for its PayPay business – sources
By Sam Nussey and Miho Uranaka TOKYO (Reuters) -SoftBank is considering a U.S. listing for its PayPay payments business, three sources..
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Oil steadies amid economic concerns, higher U.S. crude stocks
By Laura Sanicola and Trixie Yap (Reuters) -Oil prices barely moved on Wednesday as markets weighed a possible build in U.S. crude sto..
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IBM mulls using its own AI chip in new cloud service to lower costs
By Stephen Nellis SAN FRANCISCO (Reuters) – International Business Machines (IBM) is considering the use of artificial intellige..
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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 Tuesday it will look to recycling and sustainably fa..
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LG Chem raising $2 billion in exchangeable bonds
SEOUL (Reuters) – South Korea’s LG Chem Ltd is raising $2 billion in bonds that will exchange for LG Energy Solution Ltd s..
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Stocks rise, dollar retreats ahead of inflation data
LONDON (Reuters) -Global shares rose and the dollar eased on Tuesday ahead of U.S. inflation data that could support a quicker end to ..
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Heathrow passenger numbers near pre-pandemic levels in June
LONDON (Reuters) – Heathrow Airport, Britain’s busiest, said 7 million passengers traveled through it last month, putting ..
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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 transfer of F-16 fighter jets to Turkey in consultation ..
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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 finally be shedding their decades-old frugal mind..
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Food prices squeeze consumers in June, hot weather boosts summer spending: BRC
By Suban Abdulla LONDON (Reuters) – Unusually hot weather boosted sales of sun screen and barbecue food in Britain last month, a..
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Oil rises on OPEC+ cuts, weaker dollar
By Arathy Somasekhar and Sudarshan Varadhan (Reuters) -Oil prices edged higher on Tuesday, recouping some of the losses from the previ..
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Apple opens store on China’s WeChat platform
BEIJING (Reuters) -Tencent’s WeChat said on Tuesday that iPhone maker Apple had opened a store on its social media platform, mar..
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Uniper chief says flexible duration LNG contracts key for Europe
By Nia Williams VANCOUVER (Reuters) – Shorter-duration contracts for LNG purchases will be important for Europe’s diversif..
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L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender
BENGALURU (Reuters) – Engineering and construction major Larsen & Toubro on Monday said it struck an agreement with Spanish ..
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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 insurance solution, increasing capacity in the taxi f..
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Oil steadies as market digests supply and demand outlook
By Natalie Grover LONDON (Reuters) -Oil prices were little changed on Thursday as the market digested tighter crude supply alongside f..
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Google lays off staff at its mapping app Waze
(Reuters) -Alphabet-owned Google on Tuesday said it is cutting jobs at mapping app Waze as it merges the app’s advertising syste..
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Hungary not getting EU recovery funds would hit credibility – Fitch
By Gergely Szakacs BUDAPEST (Reuters) – Any failure by Hungary to pass reforms to unlock European Union recovery funds would har..
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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 spinoff could remain in free float on the stock m..
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Accor plans to add more than 1,200 hotels
(Reuters) -Accor plans to open more than 1,200 hotels in the next five years, increasing the number of its resorts by more than one-fi..
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Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal
KUALA LUMPUR (Reuters) – Petronas said on Tuesday it has signed a development agreement with TotalEnergies Carbon Neutrality..
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Illumina starts job cuts, plans office exit to rein in costs
(Reuters) -Illumina Inc has commenced job cuts, the genetic sequencing equipment maker said on Monday, as it looks to cushion the impa..
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Britain says Celsa Steel has repaid emergency COVID loan, created 300 jobs
LONDON (Reuters) – The British arm of Celsa Steel has fully repaid an emergency COVID loan it received 3 years ago, generating a..
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How Greenwashing Undermines the Environmental Transition
“The most efficient profit maximization scheme in the short term is not to make investments to be green, it’s to market yourself as be..
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Euronext to sell 11.1% stake in LCH SA to LCH Group
PARIS (Reuters) -European stock market operator Euronext said on Monday it had agreed to sell its 11.1% stake in the European operatio..
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Analysis-After the buzz, investors are doing their own homework on AI
By Danilo Masoni and Lucy Raitano MILAN (Reuters) – The rapid adoption of generative artificial intelligence has boosted markets..
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Explainer-Top Indian startup Byju’s battles auditor criticism, board exits
By M. Sriram MUMBAI (Reuters) – Education technology giant Byju’s, one of India’s biggest startups valued at $22 bil..
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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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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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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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