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Food prices squeeze consumers in June, hot weather boosts summer spending: BRC

Food prices squeeze consumers in June, hot weather boosts summer spending: BRC

By Suban Abdulla LONDON (Reuters) – Unusually hot weather boosted sales of su..

Oil rises on OPEC+ cuts, weaker dollar

Oil rises on OPEC+ cuts, weaker dollar

By Arathy Somasekhar and Sudarshan Varadhan (Reuters) -Oil prices edged higher on T..

Apple opens store on China’s WeChat platform

Apple opens store on China’s WeChat platform

BEIJING (Reuters) -Tencent’s WeChat said on Tuesday that iPhone maker Apple h..

Uniper chief says flexible duration LNG contracts key for Europe

Uniper chief says flexible duration LNG contracts key for Europe

By Nia Williams VANCOUVER (Reuters) – Shorter-duration contracts for LNG purc..

Turkey backs Sweden’s NATO entry

Turkey backs Sweden’s NATO entry

(Reuters) – Turkey’s President Tayyip Erdogan agreed Monday to support ..

L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender

L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender

BENGALURU (Reuters) – Engineering and construction major Larsen & Toubro ..

Thames Water pulled back from the brink after investors pump in $960 million

Thames Water pulled back from the brink after investors pump in $960 million

By Sarah Young LONDON (Reuters) -Thames Water said its investors had agreed to inje..

UK health regulator approves GSK’s vaccine for common respiratory virus RSV

UK health regulator approves GSK’s vaccine for common respiratory virus RSV

(Reuters) -Britain’s health regulator approved GSK’s vaccine for the re..

Marketmind: China disinflation a mix of good and bad

Marketmind: China disinflation a mix of good and bad

(Reuters) – A look at the day ahead in European and global markets from Wayne..

Analysis-Europe faces long wait for weight-loss drugs as governments eye costs

Analysis-Europe faces long wait for weight-loss drugs as governments eye costs

By Ludwig Burger and Andreas Rinke FRANKFURT (Reuters) – Novo Nordisk will st..

Gucci-owner Kering paid $3.8 billion for French fragrance label Creed – FT

Gucci-owner Kering paid $3.8 billion for French fragrance label Creed – FT

(Reuters) -Gucci-owner Kering paid 3.5 billion euros ($3.83 billion) for acquiring ..

Innovation in EVs seen denting copper demand growth potential

Innovation in EVs seen denting copper demand growth potential

By Mai Nguyen HANOI (Reuters) -New electric vehicles from Tesla and rivals are bein..

Biden arrives in Britain to meet King Charles, PM Sunak

Biden arrives in Britain to meet King Charles, PM Sunak

By Michael Holden and Steve Holland LONDON (Reuters) -U.S President Joe Biden arriv..

Jaguar Land Rover expects Q1 free cash flow of over $500 million

Jaguar Land Rover expects Q1 free cash flow of over $500 million

(Reuters) -Jaguar Land Rover (JLR) posted a 30% rise in wholesale volumes for the f..

EU and Belgium invest $1.6 billion in chip technology firm Imec

EU and Belgium invest $1.6 billion in chip technology firm Imec

BRUSSELS (Reuters) -The European Union and Belgium’s regional Flemish governm..

Amman Mineral makes firm debut in Indonesia’s biggest IPO this year

Amman Mineral makes firm debut in Indonesia’s biggest IPO this year

By Bernadette Christina, Fransiska Nangoy and Yantoultra Ngui JAKARTA/SINGAPORE (Re..

Continental to phase out activities at Gifhorn plant by end of 2027

Continental to phase out activities at Gifhorn plant by end of 2027

BERLIN (Reuters) -Continental said on Friday it plans to phase out business activit..

UK house prices post biggest annual drop since 2011: Halifax

UK house prices post biggest annual drop since 2011: Halifax

By Andy Bruce LONDON (Reuters) -British house prices fell last month in annual term..

German economy faces uphill climb as industrial output falls

German economy faces uphill climb as industrial output falls

  BERLIN (Reuters) – A swift economic recovery for Germany appeared less..

Telefonica sells controlling stake in Peruvian fibre optic network to KKR

Telefonica sells controlling stake in Peruvian fibre optic network to KKR

MADRID (Reuters) – Telefonica has sold a 54% stake in its fibre optic network..

Stocks squeal as borrowing costs return to banking crisis highs

Stocks squeal as borrowing costs return to banking crisis highs

By Marc Jones LONDON (Reuters) – World stocks fell for a third straight day o..

Metaverse has set off no alarms or need for controls yet – EU’s Vestager

Metaverse has set off no alarms or need for controls yet – EU’s Vestager

By Foo Yun Chee BRUSSELS (Reuters) -The metaverse, shared virtual worlds accessible..

Berlusconi leaves control of family business to two eldest children

Berlusconi leaves control of family business to two eldest children

By Elvira Pollina MILAN (Reuters) – Silvio Berlusconi’s eldest children..

Travel agency Booking to defend ETraveli deal at July 7 EU hearing

Travel agency Booking to defend ETraveli deal at July 7 EU hearing

By Foo Yun Chee BRUSSELS (Reuters) – Online travel agency Booking Holdings wi..

Oil steadies as market digests supply and demand outlook

Oil steadies as market digests supply and demand outlook

By Natalie Grover LONDON (Reuters) -Oil prices were little changed on Thursday as t..

Meta takes aim at Twitter with Threads app, millions join

Meta takes aim at Twitter with Threads app, millions join

By Katie Paul NEW YORK (Reuters) -Meta Platforms on Wednesday launched a direct cha..

Volkswagen ready to act amid China metal export curbs

Volkswagen ready to act amid China metal export curbs

(Reuters) – Volkswagen on Thursday said it was monitoring the situation on th..

World Cup fever lifts Qatar Airways revenue to record high

World Cup fever lifts Qatar Airways revenue to record high

By Hadeel Al Sayegh DUBAI (Reuters) -Qatar Airways late on Wednesday reported a rec..

Foxconn chairman holds talks with Sharp employees in Japan after profit slump

Foxconn chairman holds talks with Sharp employees in Japan after profit slump

TAIPEI (Reuters) -Foxconn Chairman Liu Young-way held talks with senior and mid-lev..

Samsung profit likely lowest in more than 14 years as chip glut persists

Samsung profit likely lowest in more than 14 years as chip glut persists

By Joyce Lee SEOUL (Reuters) -Samsung Electronics’ June-quarter profit is exp..

UK regulator orders investment funds to manage liquidity better

UK regulator orders investment funds to manage liquidity better

By Huw Jones LONDON (Reuters) – Some asset managers face sanctions for failin..

US crude oil gains on supply cuts, focus shifts to holiday demand

US crude oil gains on supply cuts, focus shifts to holiday demand

By Shariq Khan BENGALURU (Reuters) – U.S. crude oil gained about 3% on Wednes..

Euro zone consumers see lower inflation ahead – ECB poll

Euro zone consumers see lower inflation ahead – ECB poll

FRANKFURT (Reuters) -Euro zone consumers in May cut their inflation expectations ag..

Adidas HR chief latest board member to leave since arrival of Gulden as CEO

Adidas HR chief latest board member to leave since arrival of Gulden as CEO

BERLIN (Reuters) – Adidas said on Wednesday that its HR chief Amanda Rajkumar..

SBI Holdings to help Taiwan’s Powerchip build a plant in Japan

SBI Holdings to help Taiwan’s Powerchip build a plant in Japan

TOKYO (Reuters) – Financial firm SBI Holdings said on Wednesday it would help..

British lawmakers say new health agency had weak financial controls

British lawmakers say new health agency had weak financial controls

LONDON (Reuters) – The UK Health Security Agency was set up with financial co..

Thai headline inflation at 22-month low, lowers 2023 price rise forecast

Thai headline inflation at 22-month low, lowers 2023 price rise forecast

BANGKOK (Reuters) -Thailand’s annual headline inflation unexpectedly rose in ..