Headlines

German automakers fight to defend their turf from Chinese rivals

German automakers fight to defend their turf from Chinese rivals

SHANGHAI/BERLIN (Reuters) -German automakers have turned up in full force at Shangha..

IBM beats first-quarter profit estimates, signals demand holding up

IBM beats first-quarter profit estimates, signals demand holding up

By Chavi Mehta (Reuters) -IBM Corp beat Wall Street expectations for first-quarter p..

Portugal PM welcomes Lufthansa’s interest in TAP, Scholz sees good fit

Portugal PM welcomes Lufthansa’s interest in TAP, Scholz sees good fit

LISBON (Reuters) – Portuguese Prime Minister Antonio Costa welcomed the intere..

EU lawmakers back ban on goods linked to deforestation

EU lawmakers back ban on goods linked to deforestation

By Kate Abnett BRUSSELS (Reuters) -The European Parliament approved a landmark defor..

Testing waters, Hungary’s central bank flags cut in top end of rate corridor

Testing waters, Hungary’s central bank flags cut in top end of rate corridor

By Krisztina Than and Alan Charlish BUDAPEST (Reuters) – Hungary’s centr..

Euro zone services booming but sentiment recovery may have stalled -ECB’s Lane

Euro zone services booming but sentiment recovery may have stalled -ECB’s Lane

DUBLIN (Reuters) -Growth in services across the euro zone is still accelerating but ..

UK’s Heathrow, airlines appeal regulator’s landing fee cut

UK’s Heathrow, airlines appeal regulator’s landing fee cut

By Sarah Young LONDON (Reuters) -A cut to the fees Britain’s Heathrow can char..

TIM shares slide as reported grid bids disappoint

TIM shares slide as reported grid bids disappoint

ROME/MILAN (Reuters) – Shares in Telecom Italia (TIM) tumbled more than 5% on ..

Heineken sees Europe resilience offseting Asia slowdown risk

Heineken sees Europe resilience offseting Asia slowdown risk

By Philip Blenkinsop BRUSSELS (Reuters) -Heineken maintained its forecast for 2023 p..

Oil dips as potential Fed rate hike overshadows falling stocks

Oil dips as potential Fed rate hike overshadows falling stocks

By Laila Kearney and Muyu Xu (Reuters) -Oil dropped on Wednesday as the market weigh..

Just Eat Takeaway raises 2023 guidance, launches buyback

Just Eat Takeaway raises 2023 guidance, launches buyback

By Tristan Veyet and Laura Lenkiewicz (Reuters) -Just Eat Takeaway.com NV raised its..

Allianz puts N26 stake up for sale at $3 billion valuation – FT

Allianz puts N26 stake up for sale at $3 billion valuation – FT

(Reuters) – A unit of Allianz SE has put about 5% of its stake in German onlin..

US FTC leaders will target AI that violates civil rights or is deceptive

US FTC leaders will target AI that violates civil rights or is deceptive

WASHINGTON (Reuters) – Leaders of the U.S. Federal Trade Commission said on Tu..

Crypto firms will develop ‘offshore’ without clear US rules, Coinbase chief says

Crypto firms will develop ‘offshore’ without clear US rules, Coinbase chief says

By Tom Wilson and Elizabeth Howcroft LONDON (Reuters) -The U.S. and Britain should m..

France’s Macron promises government action plan in next 100 days

France’s Macron promises government action plan in next 100 days

By Michel Rose PARIS (Reuters) -French President Emmanuel Macron on Monday gave hims..

Business insolvency in England and Wales soars in March

Business insolvency in England and Wales soars in March

LONDON (Reuters) – More companies in England and Wales entered insolvency duri..

Germany added 35% more electric car charge points in 2022, says BDEW

Germany added 35% more electric car charge points in 2022, says BDEW

FRANKFURT (Reuters) – The number of electric vehicle charging points in German..

GSK bets $2 billion on Bellus cough drug to soothe pipeline fears

GSK bets $2 billion on Bellus cough drug to soothe pipeline fears

By Natalie Grover and Aby Jose Koilparambil (Reuters) -GSK plans to buy Canada-based..

UK unemployment edges up but pay growth beats forecasts

UK unemployment edges up but pay growth beats forecasts

By David Milliken LONDON (Reuters) -Britain’s unemployment rate rose unexpecte..

Takeover-target THG misses downgraded 2022 earnings guidance

Takeover-target THG misses downgraded 2022 earnings guidance

LONDON (Reuters) – THG, the online retail platform that said on Monday it had ..

UBS makes changes to buyback programme following Credit Suisse takeover

UBS makes changes to buyback programme following Credit Suisse takeover

ZURICH (Reuters) -UBS on Tuesday said it was making changes to its $6 billion share ..

Ericsson’s quarterly core profit misses expectations

Ericsson’s quarterly core profit misses expectations

STOCKHOLM (Reuters) -Sweden’s Ericsson on Tuesday reported first-quarter core ..

Northvolt and Scania unveil battery for heavy trucks

Northvolt and Scania unveil battery for heavy trucks

STOCKHOLM(Reuters) – Truck-maker Scania and battery producer Northvolt on Tues..

Glencore courts 120 Teck investors for bid backing as spinoff vote looms -source

Glencore courts 120 Teck investors for bid backing as spinoff vote looms -source

LONDON (Reuters) -Glencore executives have met or spoken with some 120 Teck Resource..

Britain seeks to boost banking services from fintechs

Britain seeks to boost banking services from fintechs

By Huw Jones LONDON (Reuters) – Britain’s financial regulators said on M..

Analysis-Rocket startups face adapt-or-die moment amid investment drought

Analysis-Rocket startups face adapt-or-die moment amid investment drought

WASHINGTON (Reuters) – Demand for sending satellites into space remains strong..

Dollar hits one-month high against yen as traders bet on Fed rate hike

Dollar hits one-month high against yen as traders bet on Fed rate hike

By Harry Robertson LONDON (Reuters) – The dollar climbed to a one-month high a..

Agnellis’ Exor eyes further healthcare investment for expansion

Agnellis’ Exor eyes further healthcare investment for expansion

By Giulio Piovaccari MILAN (Reuters) -Exor the holding company of Italy’s Agne..

Shareholder group ISS backs Barclays board over former CEO Staley

Shareholder group ISS backs Barclays board over former CEO Staley

By Sinead Cruise LONDON (Reuters) -Institutional Shareholder Services (ISS) has reco..

Sega Sammy says it is considering buying Angry Birds maker Rovio

Sega Sammy says it is considering buying Angry Birds maker Rovio

TOKYO (Reuters) – Japan’s Sega Sammy Holdings Inc said on Monday it was ..

Volkswagen to partner on Indonesia EV battery ecosystem -minister

Volkswagen to partner on Indonesia EV battery ecosystem -minister

JAKARTA (Reuters) – Volkswagen will build an electric vehicle (EV) battery eco..

Australian court approves BHP’s $6.4 billion OZ Minerals takeover

Australian court approves BHP’s $6.4 billion OZ Minerals takeover

(Reuters) – Global miner BHP Group Ltd said on Monday the Federal Court of Aus..

At China’s largest trade fair, exporters worry about world economy

At China’s largest trade fair, exporters worry about world economy

By Ellen Zhang and David Kirton GUANGZHOU (Reuters) -Chinese exporters exhibiting th..

France’s Ynsect to refocus bug business after capital increase

France’s Ynsect to refocus bug business after capital increase

By Sybille de La Hamaide PARIS (Reuters) – French insect-based ingredients mak..

Soccer-Jittery Arsenal losing their grip with summit in sight

Soccer-Jittery Arsenal losing their grip with summit in sight

By Martyn Herman LONDON (Reuters) -Even when Arsenal were building a daunting lead a..

Analysis-No China, no deal: Bid to break sovereign debt logjams gets weary thumbs up

Analysis-No China, no deal: Bid to break sovereign debt logjams gets weary thumbs up

By Libby George and Marc Jones LONDON (Reuters) – The latest bid by the world&..

US Senate leader Schumer calls for AI rules as ChatGPT surges in popularity

US Senate leader Schumer calls for AI rules as ChatGPT surges in popularity

By David Shepardson WASHINGTON (Reuters) -Senate Majority Leader Chuck Schumer said ..