Headlines

Julius Baer 2022 profits fall as it hits business cycle targets

Julius Baer 2022 profits fall as it hits business cycle targets

ZURICH (Reuters) – Julius Baer on Thursday said net profit fell 12% in 2022 in..

Exclusive: Volvo readies EV blitz in biggest product revamp under Geely

Exclusive: Volvo readies EV blitz in biggest product revamp under Geely

By Norihiko Shirouzu (Reuters) – Volvo Cars is gearing up for an electric blit..

UK and EU reach post-Brexit customs deal for N.Ireland-The Times

UK and EU reach post-Brexit customs deal for N.Ireland-The Times

LONDON (Reuters) -Britain and the European Union have struck a customs deal that cou..

Asia’s factory activity contracts despite China’s COVID reopening

Asia’s factory activity contracts despite China’s COVID reopening

By Leika Kihara TOKYO (Reuters) – Asia’s factory activity contracted in ..

UK shop price inflation hits record 8% in January: BRC

UK shop price inflation hits record 8% in January: BRC

By David Milliken LONDON (Reuters) – Prices in British shops in January were 8..

Wage data dents dollar recovery before Fed rate decision

Wage data dents dollar recovery before Fed rate decision

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday, giving up e..

Dutch telecom KPN locks in 2023 targets helped by cost controls

Dutch telecom KPN locks in 2023 targets helped by cost controls

(Reuters) -Dutch telecoms company KPN NV aims to slightly improve its core profit th..

Athletics-Farah returns for London Marathon before likely 2023 retirement

Athletics-Farah returns for London Marathon before likely 2023 retirement

(Reuters) -Britain’s four-times Olympic champion Mo Farah said on Tuesday he e..

Philips to cut 13% of jobs in safety and profitability drive

Philips to cut 13% of jobs in safety and profitability drive

By Bart H. Meijer AMSTERDAM (Reuters) -Dutch health technology company Philips will ..

Nissan and Renault agree to overhaul alliance, this time as equals

Nissan and Renault agree to overhaul alliance, this time as equals

By Maki Shiraki and Gilles Guillaume TOKYO/PARIS (Reuters) -Nissan Motor Co and Rena..

Shares and bonds nervy as rate-hike week looms

Shares and bonds nervy as rate-hike week looms

By Lawrence White LONDON (Reuters) – Stock markets worldwide halted their Janu..

The mouse that roared: New Zealand and the world’s 2% inflation target

The mouse that roared: New Zealand and the world’s 2% inflation target

By Lucy Craymer WELLINGTON, New Zealand (Reuters) – More than 30 years ago, so..

Hong Kong home prices drop 15.6% in 2022, snap 13 years of gain

Hong Kong home prices drop 15.6% in 2022, snap 13 years of gain

(Reuters) – Private home prices in Hong Kong, one of the most unaffordable ter..

FDA advisers back the same COVID vaccine for initial shots, boosters

FDA advisers back the same COVID vaccine for initial shots, boosters

By Michael Erman and Leroy Leo (Reuters) -Advisers to the U.S. Food and Drug Adminis..

Stocks, dollar gain on soft landing hopes

Stocks, dollar gain on soft landing hopes

By Herbert Lash NEW YORK (Reuters) -Global stock markets rallied and the dollar stre..

Spain’s unemployment rate inches up to 12.87% in Q4 2022

Spain’s unemployment rate inches up to 12.87% in Q4 2022

(Reuters) -Spain’s unemployment rate rose to 12.87% in the fourth quarter of 2..

UK’s Wetherspoon posts 13.1% rise in sales for 25-wk period

UK’s Wetherspoon posts 13.1% rise in sales for 25-wk period

(Reuters) – UK’s J D Wetherspoon reported a 13.1% rise in like-for-like ..

Asian stocks make 7-month highs, Australian dollar gains on hot inflation

Asian stocks make 7-month highs, Australian dollar gains on hot inflation

By Anshuman Daga SINGAPORE (Reuters) -Asian equities scaled their highest levels in ..

Global economy seen facing a challenging year -Eurochambres

Global economy seen facing a challenging year -Eurochambres

BERLIN (Reuters) – The international business community expects a challenging ..

Ford to make call on Europe job cuts by mid-Feb as buyers circle German site

Ford to make call on Europe job cuts by mid-Feb as buyers circle German site

By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Ford will decide by mid-..

Sweden to upgrade Berzelius supercomputer with Nvidia AI systems

Sweden to upgrade Berzelius supercomputer with Nvidia AI systems

STOCKHOLM (Reuters) – Sweden will upgrade its Berzelius supercomputer using Nv..

Exclusive-Binance moved $346 million for seized crypto exchange Bitzlato, data show

Exclusive-Binance moved $346 million for seized crypto exchange Bitzlato, data show

By Tom Wilson and Angus Berwick LONDON (Reuters) -Crypto giant Binance processed alm..

Prada’s Lorenzo Bertelli sets out ‘soft transition’ to new leadership

Prada’s Lorenzo Bertelli sets out ‘soft transition’ to new leadership

By Elisa Anzolin VENICE, Italy (Reuters) – Italian fashion group Prada is hiri..

Dollar stuck near nine-month low vs euro as yen bounces

Dollar stuck near nine-month low vs euro as yen bounces

By Amanda Cooper LONDON (Reuters) -The dollar hovered near a nine-month low against ..

Pickup in French manufacturing offers hope as services sector still weak -flash PMI

Pickup in French manufacturing offers hope as services sector still weak -flash PMI

PARIS (Reuters) – Output in the French economy fell slightly overall again in ..

Seven shot dead in another mass shooting in California

Seven shot dead in another mass shooting in California

By Daniel Trotta (Reuters) -Seven people were killed in a mass shooting at two locat..

Two energy giants, two green projects: one double-booking in North Sea

Two energy giants, two green projects: one double-booking in North Sea

By Rowena Edwards and Shadia Nasralla LONDON (Reuters) – Oil major BP plans to..

Oil settles mixed after hitting 7-week high on strong China outlook

Oil settles mixed after hitting 7-week high on strong China outlook

By Stephanie Kelly NEW YORK (Reuters) -Oil prices settled mixed on Monday, retreatin..

Exclusive-Goldman Sachs to cut asset management investments that weighed on earnings

Exclusive-Goldman Sachs to cut asset management investments that weighed on earnings

By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs Group Inc’s asset management ..

Power company Engie: lower French gas distribution volumes in 2022 due to warmer weather

Power company Engie: lower French gas distribution volumes in 2022 due to warmer weather

PARIS (Reuters) – French power company Engie said on Monday that the fact that..

Gymnastics-Britain’s Ellie Downie retires to prioritise mental health and happiness

Gymnastics-Britain’s Ellie Downie retires to prioritise mental health and happiness

LONDON (Reuters) – British gymnast Ellie Downie announced her retirement aged ..

New suppliers race to plug in to electric car market

New suppliers race to plug in to electric car market

By Nick Carey and Paul Lienert WOKING, England (Reuters) – The global auto ind..

Activist investor Elliott Management takes stake in Salesforce -sources

Activist investor Elliott Management takes stake in Salesforce -sources

(Reuters) -Activist investor Elliott Management Corp has made a multi-billion dollar..

European Central Bank to raise deposit rate to 3.25% by mid-year: Reuters poll

European Central Bank to raise deposit rate to 3.25% by mid-year: Reuters poll

By Jonathan Cable LONDON (Reuters) – The European Central Bank will be more ag..

Analysis-Frankfurt ‘STIRs’ up euro clearing battle with London

Analysis-Frankfurt ‘STIRs’ up euro clearing battle with London

By Huw Jones LONDON (Reuters) – Frankfurt expands derivatives clearing on Mond..

U.S. dollar advances vs major currencies as risk appetite fades

U.S. dollar advances vs major currencies as risk appetite fades

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose against major..

Frontline communications platform Yapster acquired by Sona with backing from Google’s Gradient Ventures

Frontline communications platform Yapster acquired by Sona with backing from Google’s Gradient Ventures

London, 17th January 2023 – Yapster, the leading mobile messaging app used by ..