Headlines

Alpha Bank to sell bad loan portfolio to Fortress and Davidson Kempner

Alpha Bank to sell bad loan portfolio to Fortress and Davidson Kempner

ATHENS (Reuters) – Alpha Bank ACBr.AT, one of Greece’s four largest lend..

UK PM Sunak: Election results show people want us to deliver for them

UK PM Sunak: Election results show people want us to deliver for them

LONDON (Reuters) – British Prime Minister Rishi Sunak said local elections res..

Portugal’s Galp quarterly profit up 62%, below market forecast

Portugal’s Galp quarterly profit up 62%, below market forecast

LISBON (Reuters) -Portugal’s Galp Energia reported on Friday a smaller-than-ex..

Republican leaders of Australia and NZ to pledge allegiance to king

Republican leaders of Australia and NZ to pledge allegiance to king

SYDNEY/WELLINGTON (Reuters) – The leaders of Australia and New Zealand will pl..

Macquarie posts record profits on higher income from commodities arm

Macquarie posts record profits on higher income from commodities arm

By Praveen Menon and Roushni Nair (Reuters) -Australia’s Macquarie Group on Fr..

Geely’s London black cab unit unveils new large EV platform

Geely’s London black cab unit unveils new large EV platform

By Nick Carey ANSTY, England (Reuters) – Geely unit London Electric Vehicle Co..

Heineken to invest $300 million in Brazil to expand premium beer portfolio

Heineken to invest $300 million in Brazil to expand premium beer portfolio

SAO PAULO (Reuters) – Heineken NV, the world’s second-largest brewer, sa..

What to expect from King Charles’ coronation on May 6

What to expect from King Charles’ coronation on May 6

By Michael Holden LONDON (Reuters) -King Charles will be crowned at Westminster Abbe..

Volvo Cars to axe 1,300 jobs as it steps up cost cuts

Volvo Cars to axe 1,300 jobs as it steps up cost cuts

COPENHAGEN (Reuters) -Volvo Cars will lay off around 1,300 office-based employees in..

Euro zone April business activity grows on strong services demand – PMI

Euro zone April business activity grows on strong services demand – PMI

By Indradip Ghosh BENGALURU (Reuters) – Growth in euro zone business activity ..

Canadian PM Justin Trudeau to attend King Charles’ coronation in London

Canadian PM Justin Trudeau to attend King Charles’ coronation in London

OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau will travel to Britain to a..

Joby Aviation to get investment from Tesla shareholder Baillie Gifford

Joby Aviation to get investment from Tesla shareholder Baillie Gifford

(Reuters) – British investment management firm Baillie Gifford will invest $18..

UniCredit to use 300 million euro charges for voluntary staff exits-sources

UniCredit to use 300 million euro charges for voluntary staff exits-sources

MILAN (Reuters) – UniCredit will use restructuring charges it is set to book t..

Fed delivers small rate hike, opens door to pause in tightening cycle

Fed delivers small rate hike, opens door to pause in tightening cycle

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve on Wedn..

Metro Bank posts second quarter of profitability on mortgage loans demand

Metro Bank posts second quarter of profitability on mortgage loans demand

(Reuters) – Metro Bank on Wednesday said it had reached underlying profitabili..

Flutter Q1 revenues jump 29% as U.S. races ahead, UK bounces back

Flutter Q1 revenues jump 29% as U.S. races ahead, UK bounces back

By Padraic Halpin DUBLIN (Reuters) -Flutter grew its revenue by 29% on a pro-forma ..

BNP Paribas first-quarter revenue beats as trading outperforms

BNP Paribas first-quarter revenue beats as trading outperforms

By Mathieu Rosemain and Matthieu Protard PARIS (Reuters) -BNP Paribas’s first-..

King Charles’ coronation will be an economic boost, Buckingham Palace says

King Charles’ coronation will be an economic boost, Buckingham Palace says

By Michael Holden LONDON (Reuters) – The coronation ceremony for King Charles ..

Cineworld gets US court approval to raise $2.26 billion after bankruptcy

Cineworld gets US court approval to raise $2.26 billion after bankruptcy

By Dietrich Knauth (Reuters) – Bankrupt movie theater chain Cineworld received..

Revlon emerges from bankruptcy after lender takeover

Revlon emerges from bankruptcy after lender takeover

By Dietrich Knauth (Reuters) -Revlon Inc said on Tuesday that it has emerged from ba..

Oil slumps 5% to five-week low amid US debt default fears

Oil slumps 5% to five-week low amid US debt default fears

By Scott DiSavino NEW YORK (Reuters) -Oil prices sank about 5% to a five-week low on..

Sport-Ronaldo tops Forbes’ highest-paid athletes list in 2023 after Saudi move

Sport-Ronaldo tops Forbes’ highest-paid athletes list in 2023 after Saudi move

(Reuters) – Cristiano Ronaldo became the world’s highest-paid athlete af..

Italy CPI rises again in April amid energy prices volatility

Italy CPI rises again in April amid energy prices volatility

By Antonella Cinelli ROME (Reuters) – Italian inflation jumped unexpectedly in..

From US to London, royal super fan makes ‘once-in-a-lifetime’ coronation pilgrimage

From US to London, royal super fan makes ‘once-in-a-lifetime’ coronation pilgrimage

By JEEVAN RAVINDRAN LONDON (Reuters) – U.S. citizen Donna Werner is no strange..

Ferrari, Enel X plan solar plant near Fiorano test track

Ferrari, Enel X plan solar plant near Fiorano test track

ROME (Reuters) – Italian sports car maker Ferrari said it has signed a deal wi..

Norway wealth fund CEO denies pay discrimination in case by female employee

Norway wealth fund CEO denies pay discrimination in case by female employee

By Victoria Klesty OSLO (Reuters) – The chief executive of Norway’s $1...

Soft lending and inflation data pave way for smaller ECB hike

Soft lending and inflation data pave way for smaller ECB hike

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -Euro zone banks are turn..

Italian hearing aid maker Amplifon expects higher 2023 earnings

Italian hearing aid maker Amplifon expects higher 2023 earnings

(Reuters) – Italian hearing aid maker Amplifon said on Tuesday it expects core..

DSM misses Q1 forecasts due to weak volumes and high costs

DSM misses Q1 forecasts due to weak volumes and high costs

(Reuters) – Dutch specialty chemicals maker DSM’s first-quarter profit a..

Geberit reports Q1 beat despite end of bathroom renovation boom

Geberit reports Q1 beat despite end of bathroom renovation boom

(Reuters) -Swiss plumbing supplies maker Geberit on Tuesday reported higher than exp..

Marketmind: RBA shock hike starts huge week for central banks

Marketmind: RBA shock hike starts huge week for central banks

A look at the day ahead in European and global markets from Asia markets corresponde..

Factbox-Long-serving Qantas executive Vanessa Hudson named as next CEO

Factbox-Long-serving Qantas executive Vanessa Hudson named as next CEO

SYDNEY (Reuters) – Australia’s flagship carrier, Qantas Airways Ltd, on ..

UK retailers report record food inflation but see falls ahead

UK retailers report record food inflation but see falls ahead

By David Milliken LONDON (Reuters) – Food prices at British supermarkets rose ..

Swiss National Bank seeks banking regulation review after Credit Suisse crash

Swiss National Bank seeks banking regulation review after Credit Suisse crash

BERN (Reuters) – Swiss banking regulation and supervision must be reviewed fol..

U.S. officials lead urgent rescue talks for First Republic -sources

U.S. officials lead urgent rescue talks for First Republic -sources

By Nupur Anand, Andrea Shalal and Greg Roumeliotis NEW YORK (Reuters) – U.S. o..

Bosch buys US semiconductor foundry to expand EV chip output

Bosch buys US semiconductor foundry to expand EV chip output

By Joseph White and Stephen Nellis DETROIT (Reuters) – Germany’s Bosch G..

Essity mulls selling Vinda stake and Consumer Tissue Private Label Europe business

Essity mulls selling Vinda stake and Consumer Tissue Private Label Europe business

STOCKHOLM (Reuters) – Hygiene products group Essity said on Wednesday it has i..