US Senate leader Schumer calls for AI rules as ChatGPT surges in popularity
By David Shepardson WASHINGTON (Reuters) -Senate Majority Leader Chuck Schumer said Thursday he had launched an effort to establish ru..
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Bank of England fines former TSB executive over 2018 IT failure
LONDON (Reuters) -The Bank of England said on Thursday it had fined TSB Bank’s former chief information officer Carlos Abarca 81..
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India opens new investigation into BBC in widening crackdown
By Aftab Ahmed NEW DELHI (Reuters) -India’s financial crime-fighting agency has opened an investigation into alleged violations ..
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Schneider and GreenYellow target smaller businesses with energy saving technology
PARIS (Reuters) – Schneider Electric and solar startup GreenYellow will target small- and medium-sized European companies hurtin..
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Lack of electric vans opens door for Chinese, other EV makers
By Nick Carey LONDON (Reuters) – Legacy automakers got off to a late start with their commercial electric vans, opening the door..
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Sovereign debtors, creditors agree on steps to jumpstart debt restructurings
By Andrea Shalal WASHINGTON (Reuters) – Global creditors, debtor nations and international financial institutions on Wednesday a..
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BoE’s Bailey says bank reforms worked but questions about liquidity buffers
By Huw Jones (Reuters) -Bank of England Governor Andrew Bailey said bank reforms enacted after the global financial crisis of 2007-09 ..
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UK housing market weakness continues, improvement on the horizon – RICS
By Suban Abdulla LONDON (Reuters) – Britain’s housing market continued to feel the pinch of higher borrowing costs in Marc..
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By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Wednesday as cooling U.S. inflation data spurred hopes that the Federal Res..
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Germany’s Merck to invest 300 million euros in US gas plant
(Reuters) -Germany’s Merck on Wednesday said it will invest about 300 million euros ($328 million) to develop an integrated spec..
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Inflation trumps financial risks as central bank tightening set to continue
By Howard Schneider, William Schomberg and Balazs Koranyi WASHINGTON/LONDON/FRANKFURT (Reuters) – Despite broad warnings about t..
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UK recruiters slow pace of pay growth in March, REC survey shows
By Suban Abdulla LONDON (Reuters) – Britain’s labour market showed signs of a slowing in the sharp pace of pay growth in M..
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Norway wealth fund employee sues for workplace gender discrimination
By Gwladys Fouche OSLO (Reuters) -A court in Oslo on Wednesday began hearing a gender discrimination case brought by an employee at No..
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Mercedes posts rise in Q1 sales boosted by EVs, premium cars
(Reuters) -Mercedes-Benz Group sales rose moderately in the first quarter of the year, boosted by electric vehicles (EV) and premium c..
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Pizza firm DP Eurasia delivers profit rise, evaluating Russian business
(Reuters) -DP Eurasia, which runs the Domino’s Pizza brand in Turkey and Russia, on Wednesday said it was still weighing options..
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Truck maker Volvo posts record Q1 as sales, margins beat forecasts
By Terje Solsvik OSLO (Reuters) – AB Volvo reported record first-quarter profit, a preliminary filing showed, as the truck maker..
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China records world’s first human death from H3N8 bird flu -WHO
BEIJING (Reuters) – A Chinese woman has become the first person to die from a type of bird flu that is rare in humans, the World..
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Oil rises about 2% with U.S. and China inflation in focus
By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose about 2% on Tuesday on hopes that the Federal Reserve might ease up on i..
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UK economy set for smaller hit in 2023 than previously feared – IMF
(Reuters) -Britain now looks set for a shallower economic hit this year than previously thought but remains on course to suffer the sh..
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Britain sets 5G goal, says no ‘magic number’ of operators
LONDON (Reuters) – Britain set an ambition to deliver next-generation 5G mobile coverage to populated areas by 2030 and said the..
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Explainer-Why European money market funds inflows are lagging behind the U.S. torrent?
By Harry Robertson LONDON (Reuters) – Investors poured $367 billion into U.S. money market funds in March, according to data pro..
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Cryptoverse: Ethereum upgrade to unlock $33 billion
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Investors are finally set to gain access to more than $33 billion of ether..
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Hong Kong finance official to make first visit to Britain in three years
HONG KONG (Reuters) – A top financial official from Hong Kong is set to visit Britain in April in the first ministerial-level vi..
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US House committee chair ‘concerned’ by Tesla deals in China
By Michael Martina and Patricia Zengerle WASHINGTON (Reuters) – The leader of a U.S. congressional committee on China said on Mo..
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Bank of Canada seen on hold even as economy accelerates
By Fergal Smith TORONTO (Reuters) -The Bank of Canada is expected to take in stride surprising recent economic strength and leave inte..
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Intel leak has U.S. officials bracing for impact at home and abroad
By Idrees Ali and Jonathan Landay WASHINGTON(Reuters) – The U.S. national security community is grappling with fallout from the ..
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India’s Tata Motors jumps to a 7-month high on strong Q4 JLR sales
BENGALURU (Reuters) – Shares of Indian automaker Tata Motors Ltd rose as much as 8.15% to a seven-month high on Monday after its..
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Yen sinks as rates outlook diverges; NZ dollar tumbles
By Kevin Buckland TOKYO (Reuters) – The yen sank against major peers on Monday after U.S. payrolls data bolstered the case for f..
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Soccer-England’s Houghton will keep ‘knocking the door’ for the World Cup
(Reuters) – Former England captain Steph Houghton has said it has been tough to deal with her omission from the national team as..
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Factbox-From holy oil to sceptres and a spoon: King Charles’ coronation ceremony
LONDON (Reuters) – The ceremony for King Charles’s coronation at Westminster Abbey in London on May 6 will involve histori..
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IMF’s Georgieva sees global growth below 3% in 2023, robust recovery ‘elusive’
By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund expects global economic growth to dip below 3% in 2023 and to r..
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Sterling hovers just below 10-month high, with focus on U.S. job numbers
By Harry Robertson LONDON (Reuters) – The pound hovered just below its highest level in 10 months on Thursday as investor focus ..
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Ford aims a new electric van at European cities – and startups
By Joseph White DETROIT (Reuters) – Ford Motor Co unveiled a new electric Courier van aimed at winning business customers in Eur..
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Avolon CEO says Q1 business boosted by China reopening
DUBLIN (Reuters) – Aircraft leasing company Avolon on Thursday said the reopening of China after it eased strict COVID-19 rules ..
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German industrial output rises more than expected in February
BERLIN (Reuters) -German industrial production rose significantly more than expected in February due in part to vehicle manufacturing,..
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UK house prices rise for 3rd month in a row, Halifax says
LONDON (Reuters) – British house prices rose for a third month in a row in March, representing a further calming of the market a..
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Analysis-Easter travel warnings pile pressure on European airlines
By Joanna Plucinska and Silvia Aloisi LONDON/PARIS (Reuters) – European aviation is gearing up for Easter travel disruptions mar..
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