AstraZeneca planning China business spin off -FT
(Reuters) – Drugmaker AstraZeneca is drafting a plan to spin off its China business, and listing a separate unit in Hong Kong is..
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ECB risks losing sight of ‘greedflation’ with laser-focus on wages
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank risks losing sight of corporate profits as a dri..
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Oil slides more than $1 on China growth uncertainties
By Katya Golubkova and Emily Chow TOKYO (Reuters) -Global oil prices fell more than $1 on Monday, backing off last week’s gains,..
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Dollar drifts as traders weigh rate path; yen fragile
By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was tentative on Monday as investors tried to assess the monetary policy..
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JLR taps Everstream Analytics’ AI to dodge supply chain problems
By Nick Carey LONDON (Reuters) – JLR said on Monday it has partnered with supply chain mapping and risk analytics firm Everstrea..
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British supermarket Morrisons cuts prices of nearly 50 products
LONDON (Reuters) – British supermarket Morrisons said on Monday it was cutting the prices of 47 products by an average of over 2..
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France’s Macron vows to boost sustainable aviation fuel production
PARIS (Reuters) – France will invest 200 million euros ($218.78 million) to boost the production of sustainable aviation fuels (..
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Self-driving truck company Einride expands into Norway
By Johannes Birkebaek COPENHAGEN (Reuters) – Swedish electric self-driving truck company Einride expects to reduce CO2 emissions..
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Euro zone May inflation confirmed at 6.1% yr/yr, core eases
BRUSSELS (Reuters) – Euro zone consumer inflation sharply decelerated in May, the European Union’s statistics office confi..
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Intel facility is largest greenfield investment in Poland, PM says
WARSAW (Reuters) – Polish Prime Minister says Intel’s new semiconductor assembly and test facility near Wroclaw, western P..
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Travis Perkins warns on profit in sign of UK housing market difficulty
LONDON (Reuters) -Travis Perkins, Britain’s biggest supplier of building materials, warned profit would be hit by difficulties i..
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Rheinmetall expects German ammunition order worth billions soon -CEO
By Sabine Siebold BRUSSELS (Reuters) -Rheinmetall expects to strike an ammunition deal worth billions of euros with the German governm..
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Britain’s ITV considers possible deal to buy All3Media
LONDON (Reuters) – Britain’s ITV is “actively exploring the possible acquisition” of production company All3Me..
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Europe’s brief window of market outperformance swings shut
By Samuel Indyk, Lucy Raitano and Alun John LONDON (Reuters) – European equities and the euro look set to lose out to U.S. marke..
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Virgin Galactic plans first commercial space service for June; shares take off
(Reuters) -Virgin Galactic Holdings, the space tourism firm founded by Richard Branson, said on Thursday its long-awaited commercial s..
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Crypto investors step up risk management after last year’s meltdowns
LONDON (Reuters) – Cryptocurrency investors have grown more cautious about who they do business with, after being burned last ye..
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Stoltenberg leaves open prospect of staying on as NATO leader
By Andrew Gray BRUSSELS (Reuters) – NATO chief Jens Stoltenberg on Thursday left open the prospect that his term may be extended..
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Britain’s National Grid expects to meet electricity demand this winter
LONDON (Reuters) -Britain’s National Grid expects to have enough capacity to meet demand for electricity this winter and will ke..
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Uber to cease food delivery in Italy, exit Israel
AMSTERDAM (Reuters) – Uber said on Thursday it will shut its food delivery business in Italy and exit Israel, where it has not b..
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UK’s FTSE 100 dips on scope of tighter monetary policy; Informa jumps
By Ankika Biswas (Reuters) -UK’s benchmark FTSE 100 dipped on Thursday, dragged down by miners’ stocks amid prospects of g..
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Analysis-Spasms in UK mortgage market spell pain for homeowners, economy
By Andy Bruce and Sinead Cruise LONDON (Reuters) – Bedlam in Britain’s 1.5 trillion-pound ($1.9 trillion) mortgage market,..
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Bain Capital makes $3.2 billion offer for SoftwareOne, board says it’s too low
ZURICH (Reuters) – Bain Capital Private Equity has made an offer for SoftwareOne which values the Swiss software management comp..
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Hugo Boss shrugs off weaker U.S. sentiment
By Linda Pasquini (Reuters) -German fashion house Hugo Boss on Thursday raised its 2025 sales target, betting on strong demand across ..
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HSBC, StanChart face pressure from Hong Kong to take on crypto clients – FT
(Reuters) -HSBC and Standard Chartered are among lenders facing pressure from Hong Kong’s banking regulator to take on crypto ex..
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Unilever to scoop up frozen yogurt brand Yasso
(Reuters) – Unilever said on Wednesday it is set to acquire frozen yogurt brand Yasso Holdings in North America, adding to its r..
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OMV Petrom makes largest crude oil discovery in decades
BUCHAREST (Reuters) -Romanian oil and gas group OMV Petrom, majority-controlled by Austria’s OMV, said on Tuesday it discovered ..
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Manchester United shares climb on speculations over takeover bid
(Reuters) -Manchester United’s shares were up 15% in premarket trading on Tuesday after a report hinted that Qatar’s Sheik..
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Britain’s COVID inquiry launches with pledge to put bereaved at its heart
LONDON (Reuters) – The chair of Britain’s COVID-19 inquiry pledged to put the bereaved and those who suffered at the heart..
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UK supermarket Asda freezes prices of 500 products
LONDON (Reuters) -Asda, Britain’s third largest supermarket group, has frozen the prices of over 500 products until the end of A..
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NATO to set up liaison office in Tokyo, strengthen links in region – Nikkei
TOKYO (Reuters) – NATO will set up a liaison office in Tokyo in 2024 and use it as a hub for cooperation with South Korea, Austr..
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BlackRock fund targets greening of materials sector
By Clara Denina and Simon Jessop LONDON (Reuters) – BlackRock on Tuesday launched the “Brown to Green Materials Fund”..
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IKEA bets on remote interior design as AI changes sales strategy
By Helen Reid LONDON (Reuters) – IKEA is training call centre workers to become interior design advisers as the Swedish furnitur..
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Domino’s Pizza to shut 27 stores in Denmark, Australian construction and supply arm
(Reuters) – Australia’s Domino’s Pizza Enterprises said on Tuesday it would shut 27 stores in Denmark, and its const..
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Rio Tinto inks deal to bring iron ore rail car manufacturing to Pilbara
(Reuters) – Mining giant Rio Tinto said on Tuesday it will partner with Western Australia-based Gemco Rail to bring local iron o..
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Oracle beats quarterly revenue estimates on cloud services demand
(Reuters) -Oracle on Monday topped fourth-quarter revenue estimates and forecast an upbeat first quarter, driven by growing demand for..
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UN chief backs idea of global AI watchdog like nuclear agency
UNITED NATIONS (Reuters) – U.N. Secretary-General Antonio Guterres on Monday backed a proposal by some artificial intelligence e..
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Georg Fischer makes rival bid for Finland’s Uponor, driving up shares
By Louise Rasmussen COPENHAGEN (Reuters) – Swiss industrial group Georg Fischer (GF) on Monday made a rival offer for plumbing a..
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