Headlines

Barclays Eagle Labs to support University of Edinburgh’s entrepreneur incubator programme

Barclays Eagle Labs to support University of Edinburgh’s entrepreneur incubator programme

Barclays Eagle Labs has formed a new partnership with the University of Edinburgh’s Venture Builder Incubator (VBI), a programme tailo..

Wio Bank and Mambu bring digital banking services to the UAE

Wio Bank and Mambu bring digital banking services to the UAE

Abu Dhabi, 8 November 2022 – Wio Bank, the first platform bank regulated by the Central Bank of the United Arab Emirates (UAE), has an..

Global economic crisis strangling progress for poor, warns U.N. development chief

Global economic crisis strangling progress for poor, warns U.N. development chief

By Laurie Goering SHARM EL-SHEIKH, Egypt (Thomson Reuters Foundation) – Decades of development progress are at risk as economies..

Winter weather could be mild, German met office DWD says

Winter weather could be mild, German met office DWD says

FRANKFURT (Reuters) – Germany could be in for a mild winter, the meteorological office DWD said on Thursday, raising the possibi..

EU proposes tighter vehicle pollution emission standards

EU proposes tighter vehicle pollution emission standards

By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission proposed on Thursday broadly tighter limits for vehicle emissi..

U.S.-sanctioned oil tanker stuck in Indonesia carries Venezuelan fuel

U.S.-sanctioned oil tanker stuck in Indonesia carries Venezuelan fuel

By Marianna Parraga HOUSTON (Reuters) -A grounded oil supertanker under U.S. Treasury Department sanctions being refloated in Indonesi..

U.S., Ukraine agree to launch talks to upgrade 2008 trade accord

U.S., Ukraine agree to launch talks to upgrade 2008 trade accord

WASHINGTON (Reuters) – The United States and Ukraine announced on Wednesday that they will launch negotiations to upgrade a bila..

Twitter, social platforms could see spike in election misinformation

Twitter, social platforms could see spike in election misinformation

By Sheila Dang (Reuters) – Election misinformation is spreading across social media platforms like Twitter and Meta PlatformR..

Republican ‘red wave’ fizzles, but midterm race for U.S. Congress tight

Republican ‘red wave’ fizzles, but midterm race for U.S. Congress tight

By Gabriella Borter and Tim Reid BIRMINGHAM, Mich./PHOENIX, Ariz. (Reuters) – Republicans made modest gains in U.S. midterm elec..

World stocks slip as markets await U.S. midterms outcome

World stocks slip as markets await U.S. midterms outcome

By Herbert Lash NEW YORK (Reuters) – World stocks slid below recent seven-week highs and the dollar rose on Wednesday as investo..

Christmas shopping begins early as Britons face cash crunch

Christmas shopping begins early as Britons face cash crunch

By James Davey and Sarah Young LONDON (Reuters) -British consumers are trying to navigate the hit to their finances by spreading out t..

Ahold turns to solar panels, lowers thermostats to save energy

Ahold turns to solar panels, lowers thermostats to save energy

By Richa Naidu and Toby Sterling LONDON (Reuters) – Supermarket group Ahold Delhaize is turning to renewable energy and lowering..

Britain’s Next buys failed furniture retailer Made.com, 400 jobs axed

Britain’s Next buys failed furniture retailer Made.com, 400 jobs axed

By Sachin Ravikumar LONDON (Reuters) -British fashion retailer Next will buy the Made.com brand for 3.4 million pounds ($3.8 million) ..

Britain’s M&S warns of ‘gathering storm’ of higher costs and weak consumer

Britain’s M&S warns of ‘gathering storm’ of higher costs and weak consumer

By James Davey LONDON (Reuters) -British retailer Marks & Spencer warned on Wednesday of a “gathering storm” of higher..

Citigroup to buy Deutsche Bank license in Mexico for wholesale unit

Citigroup to buy Deutsche Bank license in Mexico for wholesale unit

NEW YORK (Reuters) -Citigroup Inc said on Tuesday it would purchase Deutsche Bank’s Mexican license in order to continue its cor..

Adidas slashes 2022 outlook after Kanye West split

Adidas slashes 2022 outlook after Kanye West split

By Rachel More BERLIN (Reuters) -Adidas further slashed its outlook for 2022 on Wednesday as it weighed the impact of its split from Y..

Commerzbank keeps outlook as lower Q3 profit still beats expectations

Commerzbank keeps outlook as lower Q3 profit still beats expectations

By Tom Sims and Unknown 9629b5b2-3983-43b7-ac6e-49eba7f61a04 FRANKFURT (Reuters) -Germany’s Commerzbank said on Wednesday its ne..

ABN Amro’s Q3 profit jumps as interest income recovers

ABN Amro’s Q3 profit jumps as interest income recovers

AMSTERDAM (Reuters) -Dutch bank ABN Amro beat analysts’ expectations on Wednesday, saying its net profit had more than doubled t..

InPost sees stronger 2022 but warns of slowing demand

InPost sees stronger 2022 but warns of slowing demand

(Reuters) – Poland’s InPost on Wednesday said its full-year expectations were higher than previously anticipated thanks to..

Taiwan’s President looks forward to Britain supporting its CPTPP bid

Taiwan’s President looks forward to Britain supporting its CPTPP bid

TAIPEI (Reuters) – Taiwan’s President Tsai Ing-wen told visiting British minister of state for trade Greg Hands on Wednesd..

Dollar catches breath while investors await midterms; cryptos skittish

Dollar catches breath while investors await midterms; cryptos skittish

By Tom Westbrook SINGAPORE (Reuters) – The dollar steadied on Wednesday as traders waited on results from U.S. elections and on ..

Oil prices ease on U.S. inventory build, China COVID worries

Oil prices ease on U.S. inventory build, China COVID worries

By Sonali Paul and Isabel Kua SINGAPORE (Reuters) -Oil prices slid on Wednesday as industry data showed U.S. crude stockpiles rose mor..

Asia stocks advance as investors await U.S. midterm election results

Asia stocks advance as investors await U.S. midterm election results

By Ankur Banerjee SINGAPORE (Reuters) – Asian shares rose and the dollar wobbled on Wednesday as investors awaited U.S. inflatio..

Twitter to introduce ‘Official’ label for some verified accounts

Twitter to introduce ‘Official’ label for some verified accounts

By Sheila Dang and Fanny Potkin (Reuters) -Billionaire Elon Musk’s social media platform Twitter will introduce an “Offici..

Binance plans to buy rival FTX in bailout as crypto market crumbles

Binance plans to buy rival FTX in bailout as crypto market crumbles

By Hannah Lang and Tom Wilson WASHINGTON/LONDON (Reuters) – Crypto giant Binance signed a nonbinding agreement on Tuesday to buy..

Novavax cuts full-year revenue forecast again amid weak demand

Novavax cuts full-year revenue forecast again amid weak demand

(Reuters) – Novavax Inc cut its full-year revenue forecast on Tuesday for the second time in three months, hurt by a global supp..

Disney streaming beats Wall Street targets, earnings miss

Disney streaming beats Wall Street targets, earnings miss

By Dawn Chmielewski and Lisa Richwine (Reuters) – Walt Disney Co said on Tuesday its marquee streaming service, Disney+, gained ..

Blow for EU crackdown on tax deals as Fiat wins appeal

Blow for EU crackdown on tax deals as Fiat wins appeal

By Foo Yun Chee LUXEMBOURG (Reuters) -Fiat Chrysler on Tuesday won its fight against an EU order to pay 30 million euros ($30 million)..

Bayer beats Q3 profit forecast on strong herbicide sales

Bayer beats Q3 profit forecast on strong herbicide sales

By Ludwig Burger FRANKFURT (Reuters) -Agriculture and pharmaceuticals company Bayer on Tuesday reported better-than-expected quarterly..

Pandora braces for recession despite resilient demand

Pandora braces for recession despite resilient demand

By Nikolaj Skydsgaard COPENHAGEN (Reuters) -Danish jewellery maker Pandora reported third-quarter sales just above expectations on Tue..

Munich Re firmly sticks to 2022 target after quarterly profit rise

Munich Re firmly sticks to 2022 target after quarterly profit rise

FRANKFURT (Reuters) – Munich Re on Tuesday said it posted a 44% rise in net profit in the third quarter, despite big claims from..

Commerzbank, Norsk Hydro to invest 600 million euro into 1 GW of Danish solar

Commerzbank, Norsk Hydro to invest 600 million euro into 1 GW of Danish solar

By Nora Buli OSLO (Reuters) – A joint venture of subsidiaries of Germany’s Commerzbank and Norway’s Norsk Hydro will..

Factbox-‘Beaver blood moon’ offers world’s last total lunar eclipse until 2025

Factbox-‘Beaver blood moon’ offers world’s last total lunar eclipse until 2025

By Steve Gorman (Reuters) – Nighttime skywatchers from East Asia to North America will be treated to the rare spectacle of a ..

Developing countries need $1 trillion a year in climate finance -report

Developing countries need $1 trillion a year in climate finance -report

SHARM EL-SHEIKH, Egypt (Reuters) – Developing countries need to work with investors, rich countries and development banks to sec..

Bosch agrees to pay $25 million to settle California diesel emissions probe

Bosch agrees to pay $25 million to settle California diesel emissions probe

By David Shepardson (Reuters) -German auto supplier Bosch has agreed pay $25 million to resolve California’s probe into the comp..

UK chancellor Jeremy Hunt to announce a tax raid on inheritance -Telegraph

UK chancellor Jeremy Hunt to announce a tax raid on inheritance -Telegraph

(Reuters) – British Finance Minister Jeremy Hunt is to announce a tax raid on inheritance as he attempts to balance the books in..

Global hedge funds advance in October amid stocks rally

Global hedge funds advance in October amid stocks rally

NEW YORK (Reuters) – Global hedge funds posted a 2% gain in October, helped by a rally in stock markets and a combination of hig..