Ride-hailing app Cabify raises $110 million for expansion in LatAm, Spain
BOGOTA (Reuters) – Spanish ride-hailing app Cabify has raised $110 million in financing aimed at accelerating its growth in Lati..
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UK broadcasters to stay prominent on smart TVs and speakers
LONDON (Reuters) – On-demand services from Britain’s BBC, ITV and other public service broadcasters must remain easy to fi..
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Explainer-What are credit default swaps and why are they causing trouble for Europe’s banks?
By Amanda Cooper LONDON (Reuters) – Turbulence in Europe’s banks following the implosion of 167-year-old Credit Suisse and..
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Keysight Introduces Unified Digital Learning Platform for University Engineering Programmes
Provides educators and students with one-stop access to lab resources, measurement analysis tools, and industry-relevant learn..
Technology
EU approves law to end sales of new CO2-emitting cars by 2035
BRUSSELS (Reuters) – European Union countries’ energy ministers gave final approval on Tuesday to a law ending sales of ne..
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Home battery sales in Germany may surge 59% this year -study
FRANKFURT (Reuters) – German sales of batteries to store solar energy at home may jump 59% this year as more residents seek a ch..
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UK’s Bellway to buy back shares, hike social housing output
By Aby Jose Koilparambil (Reuters) -UK’s Bellway will build a bigger share of homes in its social housing programme this fiscal ..
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Stocks rise after bank sale fuels investor risk appetite
By Amanda Cooper LONDON (Reuters) -Global stocks rose and the dollar eased on Tuesday, after a deal backed by the U.S. regulator for F..
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Euro 7 emissions proposals, the sequel Europe’s carmakers don’t want to see
By Christina Amann and Marie Mannes BERLIN/STOCKHOLM (Reuters) – European carmakers are fighting back against proposed emission ..
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Nvidia shows new research on using AI to improve chip designs
By Stephen Nellis (Reuters) – Nvidia Corp, the world’s leading designer of computer chips used in creating artificial inte..
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OneWeb-Eutelsat set for secondary London listing – The Times
(Reuters) – A combined company of London’s OneWeb and French satellite firm Eutelsat Communications SA is set to list on t..
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Amazon loses bid to throw out case by UK drivers seeking worker rights
LONDON (Reuters) -Amazon.com Inc has lost a bid to throw out three sample lawsuits brought by British delivery drivers seeking employm..
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EU seeks clarification on Italy post-COVID plan, freezes 19 billion euros
By Giuseppe Fonte and Gavin Jones ROME (Reuters) – The European Commission has frozen an overdue 19-billion-euro ($20.50 billion..
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BoE’s Bailey says rate-setters can put inflation before bank worries
By William Schomberg and Andy Bruce LONDON/MANCHESTER (Reuters) -Bank of England Governor Andrew Bailey signalled on Monday that inter..
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In renewed push, Spain to tender EU funds for EVs, batteries in July
By Joan Faus BARCELONA (Reuters) – Spain plans to launch two tenders simultaneously around July to pick the recipients of 2 bill..
Technology
UK oil, gas firms to leave year’s worth of output in ground with tax hikes-report
LONDON (Reuters) – Windfall taxes mean oil and gas producers in the British North Sea will likely leave 500 million barrels of o..
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UK retailers turn positive on sales hopes after bleak winter
LONDON (Reuters) – British retailers reported their first positive sales expectations in seven months, according to a survey pub..
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Li-Cycle to build French battery processing facility
By Ernest Scheyder (Reuters) – Li-Cycle Holdings Corp said on Monday it will build a French facility to break down batteries fro..
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Hungary’s booming wedding market doused by soaring inflation
By Gergely Szakacs and Krisztina Fenyo BUDAPEST (Reuters) – Soaring inflation is taking the steam out of Hungary’s wedding..
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Credit Agricole launches China M&A and investment banking business
HONG KONG (Reuters) – Credit Agricole, France’s second-biggest listed bank, has become the latest foreign lender to boost ..
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U.S. mid-tier lenders shares rise in Frankfurt after SVB deal
LONDON (Reuters) – The Frankfurt-listed shares of several mid-tier U.S. lenders rose sharply on Monday, after a buyer emerged fo..
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UK’s competition watchdog to examine EDF buying GE’s nuclear turbine unit
(Reuters) – UK’s anti-trust regulator said on Monday it was looking into whether FDF’s proposed acquisition of Gener..
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In inflation-hit Germany, massive strike over pay to cripple transport
By Klaus Lauer and Tom Sims BERLIN/FRANKFURT (Reuters) – A massive strike in Germany was set to begin early Monday, crippling ma..
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Marketmind: Banks are leaking money
A look at the day ahead in European and global markets from Wayne Cole It’s been a quiet Monday so far with Asian share markets ..
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Oil markets steady as investors weigh banking crisis, Russia
By Mohi Narayan and Florence Tan (Reuters) -Oil prices stabilised in Asian trade on Monday as investors sought cues from broader finan..
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How the 2023 banking crisis unfolded
(Reuters) – Global banks are staring at the biggest crisis since 2008 after two U.S. lenders collapsed, Switzerland’s Cred..
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Dollar outshines euro, sterling amid European bank jitters
By Hannah Lang WASHINGTON (Reuters) – The euro and sterling fell sharply against a strengthening dollar on Friday amid lingering..
Finance
Amazon, other retailers revamp ‘free’ shipping as costs soar
By Lisa Baertlein LOS ANGELES (Reuters) – There is no such thing as free shipping. Even so, Amazon.com Inc and other online reta..
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S&P Global fined 1.1 million euros for premature credit rating publications
By Marc Jones LONDON (Reuters) -The European Union’s securities watchdog has fined S&P Global Ratings 1.1 million euros ($1...
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UK’s J D Wetherspoon returns to profit as supply issues ease
(Reuters) -British pub group J D Wetherspoon Plc on Friday posted a return to half-year profit and said sales in recent weeks have top..
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Swiss franc grapples with safe-haven identity crisis after Credit Suisse
By Samuel Indyk LONDON (Reuters) – The Swiss franc hasn’t lived up to its safe-haven reputation during the Credit Suisse c..
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StanChart CEO says AT1 bond wipeout has profound impact
By Selena Li HONG KONG (Reuters) -Standard Chartered Chief Executive Bill Winters said on Friday Credit Suisse AG’s $17 billion ..
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UK consumer mood hits one-year high, but financial gloom persists
(Reuters) – British consumer confidence rose this month to its highest level in a year, helped by improving sentiment around the..
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Tourists to get chance to walk in King Charles’ coronation footsteps
LONDON (Reuters) – London’s Westminster Abbey said visitors will get the chance this summer to follow King Charles’ ..
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Denmark invites Nord Stream operator to help salvage unidentified object
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Denmark on Thursday invited the Russian-controlled operator of the Nord Stream..
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Finnish businessman Zilliacus ready to pay premium for Manchester United
By Akash Sriram (Reuters) – Finnish entrepreneur Thomas Zilliacus has placed a bid for Manchester United and is willing to pay a..
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Virgin Orbit says space startup in talks with potential investors
(Reuters) – Billionaire Richard Branson’s cash-strapped satellite launch company Virgin Orbit Holdings said on Thursday it..
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