MTU and Safran to create JV on military helicopter developments
(Reuters) – German MTU Aero Engines and French Safran have signed a memorandum of understanding to create a joint-venture on de..
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Britain backs greener air travel with $280 million funding package
LONDON (Reuters) – Britain has announced 218 million pounds ($279 million) to help fund research into greener air travel, its m..
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Singapore tops list of costliest cities for goods, services aimed at the wealthy
SINGAPORE (Reuters) – Singapore for the first time became the most expensive city for goods and services for wealthy people, ov..
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Lanxess slashes profit outlook as demand recovery lags
(Reuters) – German speciality chemicals maker Lanxess on Monday evening cut its second-quarter and annual core profit forecasts..
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Adobe’s $20 billion deal to acquire Figma under threat from EU regulators – FT
(Reuters) -European antitrust regulators are preparing to launch a formal investigation into software giant Adobe’s $20 billion..
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Japan’s Suzuki to make ‘flying cars’ with SkyDrive
TOKYO (Reuters) – Japanese automaker Suzuki Motor Corp said on Tuesday it had reached an agreement with SkyDrive Inc to make &#..
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Great Resignation’ continues as quarter of workers look to change jobs – PwC
By Divya Chowdhury MUMBAI (Reuters) – A quarter of workers surveyed by PwC expect to change jobs in the next 12 months, up from..
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EU electric vehicles risk 4.3 billion euro post-Brexit tariff cost – auto body
BRUSSELS (Reuters) – Post-Brexit rules forcing European automakers to source more electric vehicle components from Britain or t..
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UBS faces big penalty over Credit Suisse’s Archegos failings -FT
(Reuters) – UBS Group AG faces hundreds of millions of dollars in penalties over Credit Suisse’s mishandling of Archegos ..
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Bank of England launches first sector-wide liquidity ‘stress test’
By Huw Jones LONDON (Reuters) -The Bank of England has launched its first system-wide liquidity ‘stress test’ to establis..
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Royal Mail’s largest union to resume vote on deal with postal company on June 22
(Reuters) – The largest union of UK’s Royal Mail will resume voting on an agreement reached with the British postal firm ..
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Stocks rally stalls, eyes Powell testimony for rate clues
By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares drifted on Monday, consolidating gains after hitting a 14-mon..
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Biman Bangladesh to buy 10 Airbus jets, breaking Boeing reliance – minister
By Ruma Paul and Tim Hepher DHAKA/PARIS (Reuters) – State-owned carrier Biman Bangladesh Airlines has decided to purchase 10 pl..
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AstraZeneca planning China business spin off -FT
(Reuters) – Drugmaker AstraZeneca is drafting a plan to spin off its China business, and listing a separate unit in Hong Kong i..
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Oil slides more than $1 on China growth uncertainties
By Katya Golubkova and Emily Chow TOKYO (Reuters) -Global oil prices fell more than $1 on Monday, backing off last week’s gains..
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JLR taps Everstream Analytics’ AI to dodge supply chain problems
By Nick Carey LONDON (Reuters) – JLR said on Monday it has partnered with supply chain mapping and risk analytics firm Everstre..
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British supermarket Morrisons cuts prices of nearly 50 products
LONDON (Reuters) – British supermarket Morrisons said on Monday it was cutting the prices of 47 products by an average of over ..
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France’s Macron vows to boost sustainable aviation fuel production
PARIS (Reuters) – France will invest 200 million euros ($218.78 million) to boost the production of sustainable aviation fuels ..
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Self-driving truck company Einride expands into Norway
By Johannes Birkebaek COPENHAGEN (Reuters) – Swedish electric self-driving truck company Einride expects to reduce CO2 emission..
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Euro zone May inflation confirmed at 6.1% yr/yr, core eases
BRUSSELS (Reuters) – Euro zone consumer inflation sharply decelerated in May, the European Union’s statistics office conf..
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Intel facility is largest greenfield investment in Poland, PM says
WARSAW (Reuters) – Polish Prime Minister says Intel’s new semiconductor assembly and test facility near Wroclaw, western ..
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Travis Perkins warns on profit in sign of UK housing market difficulty
LONDON (Reuters) -Travis Perkins, Britain’s biggest supplier of building materials, warned profit would be hit by difficulties ..
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Rheinmetall expects German ammunition order worth billions soon -CEO
By Sabine Siebold BRUSSELS (Reuters) -Rheinmetall expects to strike an ammunition deal worth billions of euros with the German govern..
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Britain’s ITV considers possible deal to buy All3Media
By Amy-Jo Crowley and Paul Sandle LONDON (Reuters) – Britain’s ITV is “actively exploring the possible acquisition&..
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Virgin Galactic plans first commercial space service for June; shares take off
(Reuters) -Virgin Galactic Holdings, the space tourism firm founded by Richard Branson, said on Thursday its long-awaited commercial s..
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Stoltenberg leaves open prospect of staying on as NATO leader
By Andrew Gray BRUSSELS (Reuters) – NATO chief Jens Stoltenberg on Thursday left open the prospect that his term may be extende..
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Britain’s National Grid expects to meet electricity demand this winter
By Marwa Rashad LONDON (Reuters) -Britain’s National Grid expects to have enough capacity to meet demand for electricity this w..
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Uber to cease food delivery in Italy, exit Israel
AMSTERDAM (Reuters) – Uber said on Thursday it will shut its food delivery business in Italy and exit Israel, where it has not ..
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UK’s FTSE 100 dips on scope of tighter monetary policy; Informa jumps
By Ankika Biswas (Reuters) -UK’s benchmark FTSE 100 dipped on Thursday, dragged down by miners’ stocks amid prospects of ..
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Bain Capital makes $3.2 billion offer for SoftwareOne, board says it’s too low
ZURICH (Reuters) – Bain Capital Private Equity has made an offer for SoftwareOne which values the Swiss software management com..
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Hugo Boss shrugs off weaker U.S. sentiment
By Linda Pasquini (Reuters) -German fashion house Hugo Boss on Thursday raised its 2025 sales target, betting on strong demand across..
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HSBC, StanChart face pressure from Hong Kong to take on crypto clients – FT
(Reuters) -HSBC and Standard Chartered are among lenders facing pressure from Hong Kong’s banking regulator to take on crypto e..
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Unilever to scoop up frozen yogurt brand Yasso
(Reuters) – Unilever said on Wednesday it is set to acquire frozen yogurt brand Yasso Holdings in North America, adding to its ..
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Binance has not sold either bitcoin or Binance Coin, CEO says
(Reuters) -Cryptocurrency exchange Binance has not sold either bitcoin or Binance Coin, its native token, the company’s CEO Cha..
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OMV Petrom makes largest crude oil discovery in decades
BUCHAREST (Reuters) -Romanian oil and gas group OMV Petrom, majority-controlled by Austria’s OMV, said on Tuesday it discovered..
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Manchester United shares climb on speculations over takeover bid
(Reuters) -Manchester United’s shares were up 15% in premarket trading on Tuesday after a report hinted that Qatar’s Sheik..
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Britain’s COVID inquiry launches with pledge to put bereaved at its heart
LONDON (Reuters) – The chair of Britain’s COVID-19 inquiry pledged to put the bereaved and those who suffered at the hear..
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