Italy’s finances creak as budget deficit climbs in Q1
By Gavin Jones and Giuseppe Fonte ROME (Reuters) – Italy’s budget deficit widened in the first quarter to 12.1% of gross ..
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Oil up as market weighs supply cuts against gloomy economic outlook
By Natalie Grover LONDON (Reuters) -Oil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Sa..
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German retailers face 4% slump in sales in real terms in 2023 – HDE
BERLIN (Reuters) – German retailers expect to bring in 4% less sales income this year than last in real terms as inflation rema..
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UniCredit appoints new head of digital to replace Jingle after two years
MILAN (Reuters) – UniCredit has named Ali Khan, a cloud specialist who joins from consultancy PwC, as its new head of digital a..
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Chinese smartphones sales exceed 70% of Russian market
(Reuters) – Chinese smartphones dominated the Russian market in the first half of 2023, exceeding 70% of all sales, leading con..
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Sainsbury’s says UK food inflation falling as sales rise
By James Davey LONDON (Reuters) -Sainsbury’s, Britain’s second largest supermarket group, said on Tuesday food inflation ..
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Twitter says users must be verified to access TweetDeck
By Sheila Dang (Reuters) -Twitter users will soon need to be verified in order to use TweetDeck, the social media company said in a t..
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Arrival, Nikola signal more pain for EV startups
(Reuters) -Arrival SA will terminate plans to merge with a blank-check firm and Nikola Corp will offload its newly acquired battery u..
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Amazon rolls out first European Rivian vans in Germany
By Nick Carey (Reuters) – E-commerce giant Amazon will deploy its first European vans from U.S. electric vehicle (EV) maker Rivi..
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Japan’s top lenders in fresh drive to win US investment banking deals
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) -Japan’s top lenders aim to carve out a larger presence in U.S investmen..
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Cinepolis exec seen as CEO candidate for Cineworld – Sky News
(Reuters) – Cineworld Group is looking at Eduardo Acuna, who runs the Americas operations of Mexico’s Cinepolis, as a pot..
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UK demands better deal for drivers in road fuel market
By James Davey LONDON (Reuters) -Britain will require supermarkets and retailers to give drivers access to live fuel prices at every ..
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Oil giants drill deep as profits trump climate concerns
By Ron Bousso and Nerijus Adomaitis LONDON (Reuters) -Oil and gas companies have intensified the hunt for new deposits in a long-term..
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UBS goes on hiring spree for wealth managers catering to rich Americans
By Tatiana Bautzer NEW YORK (Reuters) -UBS has gone on a U.S. recruiting drive for wealth managers catering to rich Americans even as..
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World stocks rally, Nikkei closes at 33-year peak
By Dhara Ranasinghe LONDON (Reuters) -World stocks rose to a two-week peak on Monday, with Japan’s Nikkei closing at its highes..
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UK banks asked by lawmakers if they’re ‘exploiting’ savers with low rates
By Iain Withers LONDON (Reuters) -British banks faced fresh criticism on Monday for the savings rates they offer to cash-strapped cus..
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Casino shares plunge as supermarket chain faces increased default risk
PARIS (Reuters) -Shares in France’s Casino plunged by as much as 20% to fresh record lows on Monday after the supermarket chain..
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Panasonic needs four more EV battery plants, executive says
By Miho Uranaka OSAKA, Japan (Reuters) -The battery arm of Japan’s Panasonic will need to build four more factories to reach it..
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UK year-ahead inflation expectations rise to 5%: Citi/YouGov
LONDON (Reuters) -The British public’s expectations for inflation over the coming year rose in June but long-run expectations e..
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Apple makes history as first $3 trillion company amid tech stock surge
(Reuters) – Apple Inc became the first company in the world to reach a market value of $3 trillion, buoyed by hopes over its ex..
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Australia’s United Malt agrees to $1 billion takeover offer from France’s InVivo
By Harish Sridharan and Sybille de La Hamaide (Reuters) -United Malt Group Ltd said on Monday it agreed to a A$1.5 billion ($999 mill..
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Hong Kong May retail sales rise 18.4%, sixth month of growth
HONG KONG (Reuters) – Hong Kong’s May retail sales rose 18.4% from a year earlier thanks to the revival of inbound touris..
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UK car output jumps 27% in May from year earlier on steady EV demand
(Reuters) – Britain’s car production rose for a fourth straight month in May, driven by higher demand for electric vehicl..
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Volkswagen in talks with Tesla to adopt its charging standard
(Reuters) -Volkswagen is in talks with Tesla to adopt its North American Charging Standard (NACS) technology, while the German automa..
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AutoStore to appeal London high court loss to Ocado in patent feud
LONDON (Reuters) – Norwegian robotics firm AutoStore said on Thursday it will appeal a London high court judgement in March whi..
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Credit Suisse appoints investment banking management committee -memo
By Tatiana Bautzer NEW YORK (Reuters) – Credit Suisse Group AG on Thursday appointed an investment banking management committee..
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Britain’s Ocado follows rivals in cutting some prices
By James Davey LONDON (Reuters) – British online supermarket Ocado Retail has followed rivals by cutting prices of some essenti..
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Catalonia cracks down on booming marijuana industry
By Horaci Garcia and Joan Faus BARCELONA (Reuters) – Heavily-armed police officers arrived in a well-to-do Barcelona suburb bef..
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South African citrus growers say EU pest rules putting squeeze on exports
(Reuters) – New European Union pest control rules will cut South Africa’s orange exports to Europe by 20% this year, thre..
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India’s aerospace suppliers see upside in parts-making from record jet orders
By Allison Lampert and Aditi Shah PARIS/DELHI (Reuters) -Indian aerospace suppliers see record jet orders by the country’s top ..
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Chinese payment giants revive effort to accept foreign credit cards
By Josh Ye HONG KONG (Reuters) – Chinese tech giants Tencent Holdings and Ant Group said that they would allow users to link in..
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Euro zone lending takes another hit in May
(Reuters) – Euro zone bank lending slowed further in May, dragged down by higher interest rates and a recession in the blocR..
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Boohoo urges Revolution Beauty to call general meeting over board changes
(Reuters) – Boohoo on Wednesday urged Revolution Beauty to call for its requisitioned general meeting “without further de..
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SAP CEO: huge growth potential in generative AI
(Reuters) – German business software maker SAP sees huge growth potential in generative AI technology, Chief Executive Officer ..
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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 operating officer position vacated by Ashwani Gupta unde..
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Asia shares subdued, yen shunned as euro shines
By Wayne Cole SYDNEY (Reuters) – Asian shares stalled on Wednesday as surprisingly upbeat U.S. economic news warred with global..
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Google lays off staff at its mapping app Waze
(Reuters) -Alphabet-owned Google on Tuesday said it is cutting jobs at mapping app Waze as it merges the app’s advertising syst..
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