French company Valeo to use more Google Cloud AI tools
PARIS (Reuters) – French car parts maker Valeo said on Thursday it would be using more Google Cloud AI tools at Valeo, highlight..
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BoE’s Haskel says rate cuts should be ‘a long way off’, FT reports
(Reuters) -Bank of England (BoE) interest-rate setter Jonathan Haskel said that rate cuts should be “a long way off,” the ..
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Analysis-Foreign firms’ losses from exiting Russia top $107 billion
By Alessandro Parodi and Alexander Marrow (Reuters) – The corporate exodus from Russia since its 2022 invasion of Ukraine has co..
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Climate change, AI in focus at Commonwealth’s Oct meet in Samoa
By Cordelia Hsu SYDNEY (Reuters) -Climate change and efforts to keep up with advances in artificial intelligence top the agenda for a ..
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UK homeowners and businesses resilient to high interest rates, BoE says
LONDON, March 27 (Reuters) – British mortgage holders and businesses are generally coping well with high interest rates and prob..
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Factbox-European companies cut jobs as economy sputters
(Reuters) – The highest inflation for decades and the impact of the war in Ukraine have forced companies across Europe into layo..
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Ferrari to expand cooperation with battery supplier SK On
MILAN (Reuters) – Luxury sports car manufacturer Ferrari has entered a preliminary agreement with its electric-vehicle (EV) batt..
Business
Shares edge higher; yen’s drop to 1990 low lifts Nikkei
By Kevin Buckland and Amanda Cooper LONDON/TOKYO (Reuters) – Global shares rose on Wednesday, nudged higher by a rally in Japan..
Investment
Olympics-Parisians get ready to leave city with rental cash in pocket
PARIS (Reuters) – Like many Parisians, Martin Cassan will be heading the other way when the tidal wave of Olympics visitors hits..
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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 l..
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Brazil, France launch $1.1 billion program to protect Amazon rainforest
By Ueslei Marcelino BELEM, Brazil (Reuters) -Brazil and France on Tuesday launched an investment program to protect the Brazilian and ..
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UK’s ASOS posts 18% drop in first-half sales
LONDON (Reuters) – Online fashion retailer ASOS posted an 18% drop in sales in its first half, but said it was on track to meet ..
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German consumer sentiment stays on slow recovery path, finds GfK
BERLIN (Reuters) – German consumer sentiment is expected to stay on its path of slow recovery in April, helped by fewer househol..
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France’s Atos seeks debt restructuring plan by July after record losses
By Augustin Turpin (Reuters) -French IT consulting firm Atos is aiming to restructure its debt by July, the group said on Tuesday, aft..
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RiverRock and Horizon acquired from Ferrovial an 89.2% stake in Euroscut Azores, a Portuguese 93 km shadow toll road in the Azores
RiverRock – a specialized alternative investment firm, part of the CFE Finance Group – through RiverRock Brownfield Infrastructu..
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Google, Apple breakups on the agenda as global regulators target tech
By Foo Yun Chee and Supantha Mukherjee BRUSSELS/STOCKHOLM (Reuters) -Big Tech is facing its biggest challenge in decades as antitrust..
News
Home improvement retailer Kingfisher warns on profit outlook
LONDON (Reuters) -European home improvement retailer Kingfisher warned on Monday that current-year profit would fall short of analysts..
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Talgo’s top shareholder in talks with Stadler over takeover bid, report says
MADRID (Reuters) – Talgo’s top shareholder is in talks to sell its 40% stake in the Spanish train maker to Swiss rival Sta..
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Analysis-Spain’s battle of the banks as BBVA narrows gap to Santander
By Jesús Aguado MADRID (Reuters) – BBVA’s share price has more than trebled since late 2020, narrowing its valuation gap t..
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Analysis-Cocoa rally and market tumult hoist systematic hedge funds ahead of their peers
By Nell Mackenzie LONDON (Reuters) – Record cocoa prices and markets whipped around by inflation and geopolitics helped hedge fu..
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Oil rises as heightened geopolitical risks exacerbate supply concerns
By Yuka Obayashi TOKYO (Reuters) – Oil prices rose in early Asian trading on Monday on concerns over tighter global supply broug..
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Australia’s ANZ Group to settle credit cards class action for $37.4 million
(Reuters) – Australia’s ANZ Group said on Monday it had agreed to settle a class action suit related to interest charged o..
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From the ring to the boardroom: Khadijah Safari pioneers entrepreneurial mentorship for women of ethnic minorities
Khadijah Safari Stereotypes and expectations impose rigid boundaries on women, dictating predefined roles and stifling in..
Business
Thousands of Spanish bank staff strike to demand pay rise, union says
MADRID (Reuters) – Around 60,000 banking employees across Spain went on strike on Friday to demand pay rises they see as justifi..
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Air Europa says customer data may have been compromised in October breach
(Reuters) -Spanish airline Air Europa said on Friday personal data of its customers may have been compromised in a security incident t..
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Santander expects over 6 billion euros in dividends, buybacks on solid 2024 start
By Jesús Aguado MADRID (Reuters) -Spain’s Santander said on Friday it expected to pay more than 6 billion euros ($6.50 billion) ..
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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 th..
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Dollar set for weekly rise as Swiss cut signals potential rates gap
By Tom Westbrook SINGAPORE (Reuters) – The U.S. dollar was set for a second week of broad gains on Friday, with even a rate hike..
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UK consumers turn positive about their finances, GfK survey shows
LONDON (Reuters) – British consumer sentiment held steady in March but households turned positive about the outlook for their pe..
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King Charles doing ‘very well’, Camilla tells Belfast crowds
LONDON (Reuters) – Britain’s Queen Camilla said her husband King Charles who is being treated for cancer was doing “..
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Oil broadly steady after surprise US crude stock drop
By Paul Carsten LONDON (Reuters) – Oil prices were broadly steady on Thursday, shored up by a surprise U.S. crude stock drop and..
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Europe’s pro-nuclear leaders seek atomic energy revival
By Julia Payne and Kate Abnett BRUSSELS (Reuters) -Leaders from pro-nuclear European countries and energy experts called for a nuclear..
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Reddit set for hotly anticipated debut after pricing IPO at top of range
By Niket Nishant (Reuters) -Social media platform Reddit geared up for its high-profile market debut on the New York Stock Exchange o..
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ECB cannot commit to rate path even after first cut, Lagarde says
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank cannot commit to a pre-set number of interest ra..
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UK inflation fall paves way for BoE rate cuts later in 2024
By Andy Bruce and Suban Abdulla LONDON (Reuters) -British inflation cooled in February by slightly more than economists and the Bank o..
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Glencore aims to cut industrial assets’ carbon emissions by one-fourth by 2030
(Reuters) – Glencore said Wednesday it aims to lower carbon dioxide equivalent emissions for its industrial assets by 25% by the..
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Stellantis buys stake in optical radar start-up SteerLight
PARIS (Reuters) – European carmaker Stellantis announced on Wednesday that it was acquiring a stake in optical radar start-up St..
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