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Chinese payment giants revive effort to accept foreign credit cards

Chinese payment giants revive effort to accept foreign credit cards

HONG KONG (Reuters) – Chinese tech giants Tencent Holdings and Ant Group said ..

Euro zone lending takes another hit in May

Euro zone lending takes another hit in May

(Reuters) – Euro zone bank lending slowed further in May, dragged down by hig..

Boohoo urges Revolution Beauty to call general meeting over board changes

Boohoo urges Revolution Beauty to call general meeting over board changes

(Reuters) – Boohoo on Wednesday urged Revolution Beauty to call for its requis..

SAP CEO: huge growth potential in generative AI

SAP CEO: huge growth potential in generative AI

(Reuters) – German business software maker SAP sees huge growth potential in g..

Nissan will not fill COO position left open by Gupta’s departure

Nissan will not fill COO position left open by Gupta’s departure

TOKYO (Reuters) – Nissan Motor Co has decided to not fill in the chief operati..

Asia shares subdued, yen shunned as euro shines

Asia shares subdued, yen shunned as euro shines

SYDNEY (Reuters) – Asian shares stalled on Wednesday as surprisingly upbeat U...

Google lays off staff at its mapping app Waze

Google lays off staff at its mapping app Waze

LONDON (Reuters) – One in seven people in the United Kingdom faced hunger last..

Cryptoverse: Bitcoin bounces on BlackRock buzz

Cryptoverse: Bitcoin bounces on BlackRock buzz

By Lisa Pauline Mattackal and Medha Singh (Reuters) – What would Satoshi make ..

German bond yield curve most inverted in nearly 31 years

German bond yield curve most inverted in nearly 31 years

(Reuters) -The German yield curve was at its most inverted level in nearly 31 years ..

Aston Martin’s shares skid after it drops sales volume target

Aston Martin’s shares skid after it drops sales volume target

(Reuters) – British luxury carmaker Aston Martin unnerved investors on Tuesday..

China’s state banks seen selling dollars offshore to slow yuan drop – sources

China’s state banks seen selling dollars offshore to slow yuan drop – sources

SHANGHAI/BEIJING (Reuters) -China’s major state-owned banks were seen selling ..

Indonesia’s Pertamina, Electrum sign battery packs development deal

Indonesia’s Pertamina, Electrum sign battery packs development deal

JAKARTA (Reuters) – Indonesia’s state energy company Pertamina said late..

Dollar holds firm ahead of U.S. durable goods, housing data

Dollar holds firm ahead of U.S. durable goods, housing data

TOKYO (Reuters) – The U.S. dollar held its ground against major currencies on ..

UK’s Sainsbury’s cuts more prices, adding to signs of abating inflation

UK’s Sainsbury’s cuts more prices, adding to signs of abating inflation

LONDON (Reuters) -British supermarket Sainsbury’s cut more prices on Monday, a..

Yara postpones clean ammonia IPO after weak valuation

Yara postpones clean ammonia IPO after weak valuation

OSLO (Reuters) -Norway’s Yara has postponed a planned initial public offering ..

German business sentiment points to likelihood of longer recession

German business sentiment points to likelihood of longer recession

BERLIN (Reuters) -German business morale worsened for the second consecutive month i..

AB Foods raises profit outlook as Primark gets summer boost

AB Foods raises profit outlook as Primark gets summer boost

LONDON (Reuters) -Associated British Foods raised its full year profit outlook on Mo..

PwC Australia says staff involved in tax leak face ‘severe’ consequences

PwC Australia says staff involved in tax leak face ‘severe’ consequences

SYDNEY (Reuters) -PricewaterhouseCoopers Australia staff who are found to have acted..

Desperately seeking staff: Paris Airshow lets jobless in for free

Desperately seeking staff: Paris Airshow lets jobless in for free

PARIS (Reuters) – Jean Blondin usually attends the world’s largest air s..

Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit

Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit

TOKYO (Reuters) – Japan’s Mitsubishi Corp expects no operational problem..

Investors increase bets on UK recession as rate hikes bite

Investors increase bets on UK recession as rate hikes bite

LONDON (Reuters) -Markets are doubling down on bets for a UK recession after the Ban..

Marketmind: O Canada! Markets wary of Fed hawkish surprise

Marketmind: O Canada! Markets wary of Fed hawkish surprise

A look at the day ahead in European and global markets from Ankur Banerjee Another d..

Richard Teng seen as potential successor to Binance’s Changpeng Zhao -reports

Richard Teng seen as potential successor to Binance’s Changpeng Zhao -reports

(Reuters) – Richard Teng, Binance’s head of regional markets outside the..

Denmark to boost healthcare with an extra $739 million per year

Denmark to boost healthcare with an extra $739 million per year

COPENHAGEN (Reuters) -Denmark will use stronger-than-expected economic growth to boo..

Drahi boosts stake in BT to 24.5%, will not make an offer

Drahi boosts stake in BT to 24.5%, will not make an offer

By Sarah Young LONDON (Reuters) -Billionaire Patrick Drahi has increased his stake i..

UK meat producer Cranswick’s full-year profit rises on strong demand

UK meat producer Cranswick’s full-year profit rises on strong demand

(Reuters) -Cranswick Plc on Tuesday reported a rise in full-year profit, as the Brit..

Tyre-makers under pressure as too much rubber hits the road

Tyre-makers under pressure as too much rubber hits the road

LONDON (Reuters) – Tyre-makers are under pressure to almost literally reinvent..

EU raw material targets need money and faster permits, sector chief says

EU raw material targets need money and faster permits, sector chief says

BRUSSELS (Reuters) – The European Union will only meet ambitious targets to re..

Audit finds holes in ECB’s management of bank credit risk

Audit finds holes in ECB’s management of bank credit risk

FRANKFURT (Reuters) – European Central Bank supervisors are often too lenient ..

Dollar eases before inflation data, with nagging worries over debt ceiling impasse

Dollar eases before inflation data, with nagging worries over debt ceiling impasse

SINGAPORE (Reuters) – The dollar weakened broadly on Wednesday after U.S. Pres..

Volkswagen to name Bentley production chief as new Cariad head – sources

Volkswagen to name Bentley production chief as new Cariad head – sources

(Reuters) -Volkswagen will announce later on Monday the removal of the current leade..

Asia shares edge higher, wary of US bank data

Asia shares edge higher, wary of US bank data

SYDNEY (Reuters) – Asian shares were mostly higher on Monday as investors brac..

US Treasury’s top international official heads to Europe, Asia for talks on economy

US Treasury’s top international official heads to Europe, Asia for talks on economy

WASHINGTON (Reuters) – The U.S. Treasury Department’s top international ..

Dollar dips as job openings fall, Fed meeting in focus

Dollar dips as job openings fall, Fed meeting in focus

NEW YORK (Reuters) – The dollar fell Tuesday after data showed that U.S. job o..

Historic Stone of Scone moved to London for King Charles’ coronation

Historic Stone of Scone moved to London for King Charles’ coronation

LONDON (Reuters) – The historic Stone of Scone, the ancient coronation stone u..

German govt to slightly raise 2023 GDP forecast – sources

German govt to slightly raise 2023 GDP forecast – sources

BERLIN (Reuters) -The German government is set to slightly raise its economic growth..

Biden to wrap up ‘homecoming’ tour with West of Ireland rally

Biden to wrap up ‘homecoming’ tour with West of Ireland rally

BALLINA, Ireland (Reuters) – U.S. President Joe Biden on Friday was set to wra..