Headlines

UniCredit shareholders urged to reject CEO Orcel’s pay rise

UniCredit shareholders urged to reject CEO Orcel’s pay rise

By Valentina Za MILAN (Reuters) – Leading governance adviser Institutional Shareholder Services (ISS) on Monday recommended shar..

Meta to wind down NFTs on platforms amid crypto bust

Meta to wind down NFTs on platforms amid crypto bust

(Reuters) -Meta Platforms Inc is cutting off support for digital collectibles or non-fungible tokens (NFTs) on its platforms less than..

Swiss regulator monitoring banks and insurers after SVB collapse

Swiss regulator monitoring banks and insurers after SVB collapse

ZURICH (Reuters) – Swiss financial regulator FINMA on Monday said it was seeking to identify any potential contagion risks for t..

Britain’s tax take risks blowing green energy off target

Britain’s tax take risks blowing green energy off target

By Susanna Twidale and Shadia Nasralla LONDON (Reuters) – A cap on revenue and the lack of the kind of incentives offered to oil..

Bristol Myers, Pfizer, AbbVie drugs likely to face U.S. price negotiation

Bristol Myers, Pfizer, AbbVie drugs likely to face U.S. price negotiation

By Michael Erman, Patrick Wingrove and Ahmed Aboulenein NEW YORK/WASHINGTON (Reuters) – The blood thinner Eliquis from Bristol M..

Porsche CEO: There is no conflict between e-mobility and e-fuels

Porsche CEO: There is no conflict between e-mobility and e-fuels

WOLFSBURG (Reuters) – Porsche CEO Oliver Blume characterised the debate over e-fuels as “emotional” and said there w..

Britain toughens up diversity targets for UK companies

Britain toughens up diversity targets for UK companies

By Huw Jones LONDON (Reuters) – Britain’s top listed and private companies on Monday were called on to meet broader volunt..

The pound, gilts and stocks: likely winners and losers from UK budget

The pound, gilts and stocks: likely winners and losers from UK budget

By Lucy Raitano, Samuel Indyk and Joice Alves LONDON (Reuters) – Britain’s City and business lobby are clamouring for swee..

Novartis launches new $11 billion share buyback

Novartis launches new $11 billion share buyback

ZURICH (Reuters) -Novartis has formally launched its new share buyback programme where it could spend up to 10 billion Swiss francs ($..

Over a dozen Chinese-based firms say they have minimal exposure to SVB

Over a dozen Chinese-based firms say they have minimal exposure to SVB

HONG KONG (Reuters) -Over a dozen Hong Kong-listed companies have stepped forward to say they had little or no exposure to Silicon Val..

Britain delays major rail project HS2 as costs soar again

Britain delays major rail project HS2 as costs soar again

LONDON (Reuters) -Britain said on Thursday it would delay building parts of a new high-speed railway linking London and northern Engla..

Markets start signalling Fed may be going too far – Amundi

Markets start signalling Fed may be going too far – Amundi

By Yoruk Bahceli (Reuters) – Recent moves in bond and equity markets show that investors are starting to worry that the Federal ..

Aviva boosts investor payouts after profit beat

Aviva boosts investor payouts after profit beat

Aviva boosts investor payouts after profit beat By Iain Withers LONDON (Reuters) -Aviva hiked its payouts to investors on Thursday, in..

GSK expects US launch of RSV vaccine with no supply issues

GSK expects US launch of RSV vaccine with no supply issues

By Maggie Fick LONDON (Reuters) -GSK expects to launch its respiratory syncytial virus (RSV) vaccine in the U.S. this year without sup..

Oil near flat as US crude stock draw contends with economic concerns

Oil near flat as US crude stock draw contends with economic concerns

By Stephanie Kelly (Reuters) – Oil prices were near flat on Thursday, as a larger-than-expected draw in U.S. crude stocks conten..

Brazil to resume visa requirements for US, Japan, Australia, Canada -sources

Brazil to resume visa requirements for US, Japan, Australia, Canada -sources

By Lisandra Paraguassu BRASILIA (Reuters) – Brazil has decided to resume entry visa requirements for citizens of the U.S., Japan..

GE’s investors seek solutions to renewable energy, supply chain challenges

GE’s investors seek solutions to renewable energy, supply chain challenges

By Rajesh Kumar Singh CHICAGO (Reuters) – When General Electric Co’s investors gather on Thursday, the focus will be on th..

Spotify listeners cross half a billion mark

Spotify listeners cross half a billion mark

(Reuters) -Spotify Technology SA said on Wednesday it would roll out new features like smart shuffle and previews of podcasts and musi..

PwC hit with $8.9 million penalty for ‘serious breaches’ on Babcock audits

PwC hit with $8.9 million penalty for ‘serious breaches’ on Babcock audits

By Iain Withers LONDON (Reuters) -Britain’s auditing watchdog has imposed a 7.5 million pound ($8.9 million) penalty on PwC for ..

UK to avoid recession this year but outlook still weak, BCC says

UK to avoid recession this year but outlook still weak, BCC says

By Suban Abdulla LONDON (Reuters) – The British Chambers of Commerce (BCC) forecast on Wednesday that the country’s econom..

Ireland to vote on removing ‘outmoded’ references to women from constitution

Ireland to vote on removing ‘outmoded’ references to women from constitution

DUBLIN (Reuters) – Ireland plans to hold a referendum in November to delete references to a woman’s place being in the hom..

Britain plans new data rules to ease compliance burden

Britain plans new data rules to ease compliance burden

LONDON (Reuters) – Britain will make another attempt to reform its data protection law on Wednesday with the objective of easing..

New intelligence points to pro-Ukraine group in Nord Stream attack -NYT

New intelligence points to pro-Ukraine group in Nord Stream attack -NYT

WASHINGTON (Reuters) -New intelligence reviewed by U.S. officials suggests that a pro-Ukraine group – likely comprised of Ukrain..

CERAWEEK-Europe gas supplies to stay tight 2 more winters, Equinor CEO says

CERAWEEK-Europe gas supplies to stay tight 2 more winters, Equinor CEO says

By Ron Bousso and Simon Webb HOUSTON (Reuters) – Europe will struggle over the next two winters to replace Russian natural gas s..

Three Years on from Brexit: UK-based Company Weighs in on the Impact

Three Years on from Brexit: UK-based Company Weighs in on the Impact

The beginning of 2023 marked three years since Britain left the European Union and businesses all over Europe will have se..

HelloFresh sees 2023 core profit of 460-540 million euros

HelloFresh sees 2023 core profit of 460-540 million euros

(Reuters) – German meal-kit maker HelloFresh forecast a higher 2023 core profit on Tuesday, as it focuses on strengthening its c..

Meta plans to cut thousands of jobs as soon as this week – Bloomberg News

Meta plans to cut thousands of jobs as soon as this week – Bloomberg News

(Reuters) -Meta Platforms Inc will cut thousands of jobs as soon as this week in a fresh round of layoffs, Bloomberg News reported on ..

Valentine’s Day spending boosts British retail sales in February – BRC

Valentine’s Day spending boosts British retail sales in February – BRC

By Suban Abdulla LONDON (Reuters) – Valentine’s Day helped to boost British retail sales in February but volumes remained ..

Explainer-International Women’s Day: date, history and this year’s theme

Explainer-International Women’s Day: date, history and this year’s theme

By Josie Kao (Reuters) – As the world gears up to celebrate International Women’s Day (IWD) on Wednesday, here is a look a..

Shell, Chevron and Petrobras weigh Guyana oil auction bids -sources

Shell, Chevron and Petrobras weigh Guyana oil auction bids -sources

By Sabrina Valle and Marianna Parraga HOUSTON (Reuters) – Guyana’s coming auction of offshore oil exploration blocks has l..

Hermes asks court to block ‘MetaBirkin’ NFT sales after jury win

Hermes asks court to block ‘MetaBirkin’ NFT sales after jury win

By Blake Brittain (Reuters) -French luxury house Hermes International has asked a Manhattan federal court to block artist Mason Rothsc..

German minister says ‘on right track’ to solving CO2-emitting car row

German minister says ‘on right track’ to solving CO2-emitting car row

By Kate Abnett and Andreas Rinke BERLIN/BRUSSELS (Reuters) -Germany’s transport minister is hopeful of a solution to a row with ..

UK opposition calls for better online protections for children

UK opposition calls for better online protections for children

By Martin Coulter LONDON (Reuters) – Britain’s opposition Labour Party has called on the government to enact its long-dela..

Indonesia to tighten used shoe import controls after Reuters report

Indonesia to tighten used shoe import controls after Reuters report

JAKARTA (Reuters) – Indonesia will tighten customs checks at small ports to crack down on the illegal import of second-hand shoe..

India’s top explorer ONGC signs MoU with France’s TotalEnergies

India’s top explorer ONGC signs MoU with France’s TotalEnergies

NEW DELHI (Reuters) – India’s top explorer Oil and Natural Gas Corp has signed a memorandum of understanding with French m..

EDF, Edison, Ansaldo team up to develop nuclear power in Europe

EDF, Edison, Ansaldo team up to develop nuclear power in Europe

MILAN (Reuters) – French power group EDF, its Italian arm Edison, Italy’s Ansaldo Energia and its unit Ansaldo Nucleare ar..

Stock pickers reckon it’s time to move on from central banks

Stock pickers reckon it’s time to move on from central banks

By Naomi Rovnick LONDON (Reuters) – Stock market investors are calling time on the idea that the Federal Reserve, and other majo..