Engie Q1 profit drops on warmer winter, steady market
By America Hernandez PARIS (Reuters) – French energy company Engie said on Friday first-quarter earnings fell 3.2% as a warmer t..
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Prosus, parent group Naspers name Fabricio Bloisi as new CEO
(Reuters) -Dutch technology investor Prosus and its South African parent group Naspers on Friday named Fabricio Bloisi as the new chie..
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Italy cuts Eni stake, raises 1.4 billion euros
By Giuseppe Fonte and Francesca Landini ROME (Reuters) -Italy’s Treasury sold a 2.8% stake in energy group Eni on Wednesday, poc..
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Exclusive-Anglo American starts revamp with hiring freeze, document shows
By Scott Murdoch and Melanie Burton SYDNEY (Reuters) -Anglo American has suspended hiring globally according to an internal memo revie..
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Catering firm Compass lifts profit forecast after strong first half
(Reuters) – British catering firm Compass Group raised its 2024 profit forecast on Wednesday, after reporting first-half earning..
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AI’s use in finance may need new rules, ECB says
FRANKFURT (Reuters) – The use of artificial intelligence in finance is still in its infancy but it needs to be monitored and pos..
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Shares in Spain’s Indra surge after net profit rises 40%
(Reuters) -Shares in Spanish defence and technology firm Indra surged on Monday after its net profit rose 40% to 61 million euros ($66..
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Bayer’s Monsanto wins reversal of $185 million PCBs verdict in Washington court
By Clark Mindock (Reuters) -A Washington state appeals court overturned on Wednesday a $185 million verdict against Bayer’s Mons..
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Syngenta ditches multi-billion dollar China IPO bid
BEIJING (Reuters) -Swiss agrichemicals and seeds group Syngenta on Friday withdrew its bid for a multi-billion dollar listing on the S..
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India keen on trade deals with Britain, Oman early in Modi’s probable third term, sources say
By Shivangi Acharya NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi is likely to prioritise completion of free trade d..
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Big Oil’s climate planning not good enough, investor group says
By Simon Jessop LONDON (Reuters) -The current low-carbon transition plans of 10 of Europe’s and North America’s biggest li..
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European Championship won’t save German economy, study shows
BERLIN(Reuters) – The European Championship to be held in Germany this summer is unlikely to turn into a summer fairytale for t..
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China sets higher bar for consumer finance companies
BEIJING (Reuters) -China has changed the rules for consumer finance firms for the first time in a decade, setting a higher bar for non..
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AstraZeneca follows rival Boehringer in capping out-of-pocket costs for inhalers
(Reuters) – Drugmaker AstraZeneca said on Monday it would cap out-of-pocket costs for its inhaled respiratory products at $35 pe..
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Building a secure future with escrow’s extensive use cases
By Ed Boal, Head of Legal at Shieldpay Managing high-value, commercial transactions is no easy feat. Moving large sums of..
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Over one-third of Brits are ready to quit jobs for 20% less Pay as full-time content creators!
Recent research conducted by marketing experts at FATJOE has unveiled a significant shift in the working culture of Brits. The survey,..
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Understanding the Basics of International Business Law
In today’s interconnected world, businesses are constantly expanding their operations beyond domestic borders, leading to an in..
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Euro zone economy lags global growth as Germany struggles
By Francesco Canepa and Jan Strupczewski FRANKFURT/BRUSSELS (Reuters) – The euro zone’s economy stagnated last year, under..
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Cars sold as an ‘Italian jewel’ must be made in Italy, PM tells Stellantis
ROME (Reuters) – A car being sold as an “Italian jewel” needs to be made in Italy, Prime Minister Giorgia Meloni sai..
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ECB asks some lenders to monitor social media for early signs of bank runs -sources
By Stefania Spezzati LONDON (Reuters) – The European Central Bank has asked some banks to closely monitor activity on social med..
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Lindt’s pralines sweeten 2023 sales despite cocoa costs
By Paolo Laudani and Marleen Kaesebier (Reuters) -Swiss chocolate maker Lindt & Spruengli reported a 10.3% rise in 2023 organic sa..
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Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit
By Nivedita Balu (Reuters) – Canada on Thursday approved Royal Bank of Canada’s C$13.5 billion dollars ($10.2 billion) acq..
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EU risks losing ground in EVs without strong industry strategy – ACEA
BERLIN (Reuters) – Europe’s electric vehicle (EV) sector risks falling behind without a robust EU industrial strategy, aut..
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Swathes of Siberia freeze in temperatures below -58 Celsius
YAKUTSK, Russia (Reuters) – Arctic weather enfolded swathes of Russia on Tuesday, with temperatures in the wilds of Siberia fall..
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Oil down as uncertainty over OPEC+ supply cuts, demand growth weigh
By Mohi Narayan and Florence Tan NEW DELHI (Reuters) – Oil futures reversed course after rising briefly on Monday amid persisten..
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Swedish property problems could accelerate price drops in Denmark, central bank says
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Denmark’s central bank said on Tuesday that the risk of further price dr..
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DIY retailer Kingfisher cuts profit outlook again on weak French market
By James Davey LONDON (Reuters) -European home improvement retailer Kingfisher on Wednesday downgraded its full-year profit outlook fo..
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Explainer-Why calls for oil embargo on Israel are unlikely to go anywhere
By Ahmad Ghaddar LONDON (Reuters) -Israel’s military offensive in Gaza following an Oct. 7 attack by the enclave’s ruling ..
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EU reaches deal to stop sending waste to countries that can’t process it
PARIS (Reuters) – European Union lawmakers and member states have reached a deal to revise the bloc’s waste shipment regul..
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Iraq becomes EBRD shareholder, Senegal and Ghana apply to join
LONDON (Reuters) -Iraq has become the 74th member of the European Bank for Reconstruction and Development, the multilateral lender sai..
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EU agrees law to hit fossil fuel imports with methane emissions limit
(Reuters) – The European Union reached a deal on Wednesday on a law to place methane emissions limits on Europe’s oil and ..
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German economy, auto sector face risks from exposure to China, fund manager says
By Christoph Steitz FRANKFURT (Reuters) – Germany’s heavy economic exposure to China carries significant risks for Europe&..
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UK tells Uber Eats, Deliveroo and Just Eat to tighten rider account controls
LONDON (Reuters) -Britain’s interior ministry has told food delivery firms Uber Eats, Deliveroo and Just Eat to implement strict..
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Payments app Zelle begins refunds for imposter scams after Washington pressure
By Hannah Lang (Reuters) – Banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer pro..
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Apple to file challenge over Digital Markets Act in EU Court- Bloomberg News
(Reuters) – Apple Inc is set to challenge the European Union’s decision to put all of the App Store into the bloc’s ..
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Britain’s Prince visits Singapore for Earthshot environmental prize
By Chen Lin SINGAPORE (Reuters) – Britain’s Prince William attended the annual Earthshot Prize ceremony on Tuesday, which ..
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Factbox-How European airlines have hedged against fuel price increases
(Reuters) – Higher oil prices amid turmoil in the Middle East are increasing prices of jet fuel, which accounts for a big portio..
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