U.S. says to move forward with transfer of F-16 jets to Turkey
VILNIUS (Reuters) – U.S. President Joe Biden will move forward with the transfer of F-16 fighter jets to Turkey in consultation..
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Analysis-Japan’s changing views on price hikes open door for BOJ policy tweak
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) – Japanese consumers may finally be shedding their decades-old frugal min..
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Food prices squeeze consumers in June, hot weather boosts summer spending: BRC
By Suban Abdulla LONDON (Reuters) – Unusually hot weather boosted sales of sun screen and barbecue food in Britain last month, ..
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Oil rises on OPEC+ cuts, weaker dollar
By Arathy Somasekhar and Sudarshan Varadhan (Reuters) -Oil prices edged higher on Tuesday, recouping some of the losses from the prev..
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Apple opens store on China’s WeChat platform
BEIJING (Reuters) -Tencent’s WeChat said on Tuesday that iPhone maker Apple had opened a store on its social media platform, ma..
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Uniper chief says flexible duration LNG contracts key for Europe
By Nia Williams VANCOUVER (Reuters) – Shorter-duration contracts for LNG purchases will be important for Europe’s diversi..
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Turkey backs Sweden’s NATO entry
(Reuters) – Turkey’s President Tayyip Erdogan agreed Monday to support Sweden’s bid to join NATO, a move that will ..
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L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender
BENGALURU (Reuters) – Engineering and construction major Larsen & Toubro on Monday said it struck an agreement with Spanish..
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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 inject 750 million pounds ($960 million) into the comp..
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UK health regulator approves GSK’s vaccine for common respiratory virus RSV
(Reuters) -Britain’s health regulator approved GSK’s vaccine for the respiratory syncytial virus (RSV), which causes thou..
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Marketmind: China disinflation a mix of good and bad
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole China’s inflation data for June surpri..
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Analysis-Europe faces long wait for weight-loss drugs as governments eye costs
By Ludwig Burger and Andreas Rinke FRANKFURT (Reuters) – Novo Nordisk will start selling its hugely popular obesity drug Wegovy..
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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 high-end French fragrance label Creed in June, the..
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Innovation in EVs seen denting copper demand growth potential
By Mai Nguyen HANOI (Reuters) -New electric vehicles from Tesla and rivals are being engineered for efficiency in a way that cuts cop..
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Biden arrives in Britain to meet King Charles, PM Sunak
By Michael Holden and Steve Holland LONDON (Reuters) -U.S President Joe Biden arrived in London late on Sunday for the start of a thr..
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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 first quarter on Friday, as chip and other supply c..
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EU and Belgium invest $1.6 billion in chip technology firm Imec
BRUSSELS (Reuters) -The European Union and Belgium’s regional Flemish government will together invest 1.5 billion euros ($1.6 b..
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Amman Mineral makes firm debut in Indonesia’s biggest IPO this year
By Bernadette Christina, Fransiska Nangoy and Yantoultra Ngui JAKARTA/SINGAPORE (Reuters) -Amman Mineral Internasional ended 3.5% hig..
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Continental to phase out activities at Gifhorn plant by end of 2027
BERLIN (Reuters) -Continental said on Friday it plans to phase out business activities at its Gifhorn plant by the end of 2027, with ..
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UK house prices post biggest annual drop since 2011: Halifax
By Andy Bruce LONDON (Reuters) -British house prices fell last month in annual terms at the fastest rate in 12 years and soaring inte..
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German economy faces uphill climb as industrial output falls
BERLIN (Reuters) – A swift economic recovery for Germany appeared less likely on Friday as data showed a surprise fall i..
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Telefonica sells controlling stake in Peruvian fibre optic network to KKR
MADRID (Reuters) – Telefonica has sold a 54% stake in its fibre optic network in Peru to U.S. private equity fund KKR and 10% t..
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Stocks squeal as borrowing costs return to banking crisis highs
By Marc Jones LONDON (Reuters) – World stocks fell for a third straight day on Thursday, as strong U.S. jobs data bolstered bet..
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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 through the internet, has not triggered any conce..
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Berlusconi leaves control of family business to two eldest children
By Elvira Pollina MILAN (Reuters) – Silvio Berlusconi’s eldest children Marina and Pier Silvio will jointly share majorit..
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Travel agency Booking to defend ETraveli deal at July 7 EU hearing
By Foo Yun Chee BRUSSELS (Reuters) – Online travel agency Booking Holdings will on Friday try to convince European Union antitr..
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Oil steadies as market digests supply and demand outlook
By Natalie Grover LONDON (Reuters) -Oil prices were little changed on Thursday as the market digested tighter crude supply alongside ..
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Meta takes aim at Twitter with Threads app, millions join
By Katie Paul NEW YORK (Reuters) -Meta Platforms on Wednesday launched a direct challenge to Twitter with Threads, garnering millions..
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Volkswagen ready to act amid China metal export curbs
(Reuters) – Volkswagen on Thursday said it was monitoring the situation on the raw materials markets after China announced it w..
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World Cup fever lifts Qatar Airways revenue to record high
By Hadeel Al Sayegh DUBAI (Reuters) -Qatar Airways late on Wednesday reported a record annual revenue of 76.3 billion riyals ($21 bil..
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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-level employees at Japan’s Sharp this week and ..
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Samsung profit likely lowest in more than 14 years as chip glut persists
By Joyce Lee SEOUL (Reuters) -Samsung Electronics’ June-quarter profit is expected to plunge 96% on-year to the lowest for any ..
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UK regulator orders investment funds to manage liquidity better
By Huw Jones LONDON (Reuters) – Some asset managers face sanctions for failing to manage liquidity properly, posing risks to ma..
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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 Wednesday, narrowing the price gap with global benchmark..
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Euro zone consumers see lower inflation ahead – ECB poll
FRANKFURT (Reuters) -Euro zone consumers in May cut their inflation expectations again for the following 12 months, although they sti..
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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 would leave the company this month after less tha..
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SBI Holdings to help Taiwan’s Powerchip build a plant in Japan
TOKYO (Reuters) – Financial firm SBI Holdings said on Wednesday it would help Taiwan’s Powerchip Semiconductor Manufactur..
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