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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Gloomy youth pull US and western Europe down global happiness ranking
By David Milliken LONDON (Reuters) – Rising unhappiness among younger people has caused the United States and some large western..
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UK’s Labour opens door for more investment borrowing
By William James LONDON (Reuters) -Britain’s opposition Labour Party set out the fiscal rules it would use if it wins the next e..
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California, Stellantis strike vehicle emissions deal
By David Shepardson WASHINGTON (Reuters) – Chrysler parent Stellantis and the state of California reached an agreement on emissi..
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Meta offers to almost halve Facebook, Instagram monthly fees amid concerns
By Foo Yun Chee BRUSSELS (Reuters) -Meta Platforms has offered to almost halve its monthly subscription fee for Facebook and Instagram..
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AstraZeneca bets on new cancer treatments with $2 billion Fusion Pharma purchase
By Yadarisa Shabong (Reuters) -AstraZeneca said on Tuesday it will buy clinical-stage biopharmaceutical company Fusion Pharmaceuticals..
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Cryptoverse: AI tokens outpace record-breaking bitcoin
By Medha Singh and Lisa Pauline Mattackal (Reuters) – The artificial intelligence boom has hit the crypto market with a bang. Co..
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European patent applications hit record high in 2023
(Reuters) – The European Patent Office (EPA) received a record number of patent applications last year, with the biggest share o..
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UK royal Kate shown in first video since surgery, Sun says
LONDON (Reuters) – Kate, Britain’s Princess of Wales, has been shown looking fit and healthy in the first video taken of h..
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World shares cheer China data, as central banks line up
By Nell Mackenzie and Koh Gui Qing NEW YORK/LONDON (Reuters) -Global stocks rose on Monday while Treasury yields crept higher ahead of..
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Telegram secures $330 million in bond sales
(Reuters) – Popular messaging platform Telegram raised $330 million through bond sales last week, founder and CEO Pavel Durov sa..
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Dirty gold can still slip into London market, rights groups say
By Reade Levinson and David Lewis LONDON (Reuters) – The London Bullion Market Association (LBMA), which sets standards for th..
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World shares cheer China data, as central banks line up
By Nell Mackenzie and Koh Gui Qing NEW YORK/LONDON (Reuters) – Global stocks jumped on Monday while Treasury yields crept higher..
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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..
Finance
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 p..
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New Banksy mural depicting tree foliage appears in north London
LONDON (Reuters) – A new artwork by British street artist Banksy has appeared in London, using green paint sprayed across the si..
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Dollar dips, yen steady as BOJ policy shift beckons
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar was little changed on Monday ahead of a slew of central bank..
Finance
Stock rally pauses as US inflation douses rate cut hopes
By Naomi Rovnick and Kevin Buckland LONDON TOKYO, LONDON (Reuters) – Global stocks were set to end the week on a tepid note, fol..
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Vonovia shares drop as $7 billion loss lays bare German property crisis
By Tom Sims and Matthias Inverardi FRANKFURT (Reuters) -Shares in Vonovia dropped 6% on Friday after Germany’s largest landlord ..
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Nissan and Honda consider partnership on EVs, AI
By Maki Shiraki TOKYO (Reuters) -Nissan Motor and Honda Motor are considering a strategic partnership to collaborate on producing key ..
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Shell weakens climate targets with growing bet on gas
By Ron Bousso LONDON (Reuters) – Shell weakened a 2030 carbon reduction target and scrapped a “perilous” 2035 object..
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Oil prices rise as revised IEA forecasts suggest tighter market
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Thursday as the International Energy Agency’s predicted a tighter m..
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Dollar ticks up before US data, bitcoin hits record high
By Harry Robertson LONDON (Reuters) -The dollar inched higher on Thursday as investors waited for U.S. economic data, while bitcoin ro..
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Bank of England to start cutting in Q3 but strong chance of Q2 move: Reuters poll
By Jonathan Cable LONDON (Reuters) – The Bank of England will start cutting borrowing costs in the third quarter although 40% of..
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Rheinmetall hails ‘new decade’ as defence spending drives up sales
By Rachel More BERLIN (Reuters) -German arms manufacturer Rheinmetall said on Thursday it expected record sales and increased profitab..
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UBS’s rescue of Credit Suisse has created new risks for Switzerland, OECD says
ZURICH (Reuters) – UBS’s rescue takeover of Credit Suisse a year ago has created “new risks and challenges” fo..
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EU parliament to extend new medicine data protection to 7.5 years, document says
By Julia Payne BRUSSELS (Reuters) – EU lawmakers have gone part of the way to meeting pharmaceutical industry concerns about the..
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Stocks flat, US yields edge higher ahead of data
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks was little changed on Wednesday, pausing after equities in Eu..
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Exclusive-Olympics-Paris has a lot to gain from hosting the Games, says mayor
By Julien Pretot and Elizabeth Pineau PARIS (Reuters) – The 2024 Olympics have allowed Paris and its region to speed up plans to..
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Europe one step away from landmark AI rules after lawmakers’ vote
By Foo Yun Chee STRASBOURG (Reuters) -Europe moved closer to adopting the world’s first artificial intelligence rules on Wednesd..
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Adidas posts first loss in 30 years but sticks to dividend
By Helen Reid HERZOGENAURACH, Germany (Reuters) – German sportswear giant Adidas posted its first loss in more than 30 years in ..
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UK economy may be turning from headwind into tailwind for sterling
By Harry Robertson LONDON (Reuters) – UK wage data did its best to pull sterling down from a seven-month peak on Tuesday but the..
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Global corporate dividends hit record $1.66 trillion in 2023
By Lucy Raitano LONDON (Reuters) – Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record payo..
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