Headlines

UBS faces big penalty over Credit Suisse’s Archegos failings -FT

UBS faces big penalty over Credit Suisse’s Archegos failings -FT

(Reuters) – UBS Group AG faces hundreds of millions of dollars in penalties o..

Bank of England launches first sector-wide liquidity ‘stress test’

Bank of England launches first sector-wide liquidity ‘stress test’

By Huw Jones LONDON (Reuters) -The Bank of England has launched its first system-wi..

Royal Mail’s largest union to resume vote on deal with postal company on June 22

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 ..

Stocks rally stalls, eyes Powell testimony for rate clues

Stocks rally stalls, eyes Powell testimony for rate clues

By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares drifted on ..

Biman Bangladesh to buy 10 Airbus jets, breaking Boeing reliance – minister

Biman Bangladesh to buy 10 Airbus jets, breaking Boeing reliance – minister

By Ruma Paul and Tim Hepher DHAKA/PARIS (Reuters) – State-owned carrier Biman..

AstraZeneca planning China business spin off -FT

AstraZeneca planning China business spin off -FT

(Reuters) – Drugmaker AstraZeneca is drafting a plan to spin off its China bu..

Oil slides more than $1 on China growth uncertainties

Oil slides more than $1 on China growth uncertainties

By Katya Golubkova and Emily Chow TOKYO (Reuters) -Global oil prices fell more than..

JLR taps Everstream Analytics’ AI to dodge supply chain problems

JLR taps Everstream Analytics’ AI to dodge supply chain problems

By Nick Carey LONDON (Reuters) – JLR said on Monday it has partnered with sup..

British supermarket Morrisons cuts prices of nearly 50 products

British supermarket Morrisons cuts prices of nearly 50 products

LONDON (Reuters) – British supermarket Morrisons said on Monday it was cuttin..

France’s Macron vows to boost sustainable aviation fuel production

France’s Macron vows to boost sustainable aviation fuel production

PARIS (Reuters) – France will invest 200 million euros ($218.78 million) to b..

Self-driving truck company Einride expands into Norway

Self-driving truck company Einride expands into Norway

By Johannes Birkebaek COPENHAGEN (Reuters) – Swedish electric self-driving tr..

Euro zone May inflation confirmed at 6.1% yr/yr, core eases

Euro zone May inflation confirmed at 6.1% yr/yr, core eases

BRUSSELS (Reuters) – Euro zone consumer inflation sharply decelerated in May,..

Intel facility is largest greenfield investment in Poland, PM says

Intel facility is largest greenfield investment in Poland, PM says

WARSAW (Reuters) – Polish Prime Minister says Intel’s new semiconductor..

Travis Perkins warns on profit in sign of UK housing market difficulty

Travis Perkins warns on profit in sign of UK housing market difficulty

LONDON (Reuters) -Travis Perkins, Britain’s biggest supplier of building mate..

Rheinmetall expects German ammunition order worth billions soon -CEO

Rheinmetall expects German ammunition order worth billions soon -CEO

By Sabine Siebold BRUSSELS (Reuters) -Rheinmetall expects to strike an ammunition d..

Britain’s ITV considers possible deal to buy All3Media

Britain’s ITV considers possible deal to buy All3Media

By Amy-Jo Crowley and Paul Sandle LONDON (Reuters) – Britain’s ITV is &..

Virgin Galactic plans first commercial space service for June; shares take off

Virgin Galactic plans first commercial space service for June; shares take off

(Reuters) -Virgin Galactic Holdings, the space tourism firm founded by Richard Brans..

Stoltenberg leaves open prospect of staying on as NATO leader

Stoltenberg leaves open prospect of staying on as NATO leader

By Andrew Gray BRUSSELS (Reuters) – NATO chief Jens Stoltenberg on Thursday l..

Britain’s National Grid expects to meet electricity demand this winter

Britain’s National Grid expects to meet electricity demand this winter

By Marwa Rashad LONDON (Reuters) -Britain’s National Grid expects to have eno..

Uber to cease food delivery in Italy, exit Israel

Uber to cease food delivery in Italy, exit Israel

AMSTERDAM (Reuters) – Uber said on Thursday it will shut its food delivery bu..

UK’s FTSE 100 dips on scope of tighter monetary policy; Informa jumps

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, dragg..

Bain Capital makes $3.2 billion offer for SoftwareOne, board says it’s too low

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 Software..

Hugo Boss shrugs off weaker U.S. sentiment

Hugo Boss shrugs off weaker U.S. sentiment

By Linda Pasquini (Reuters) -German fashion house Hugo Boss on Thursday raised its ..

HSBC, StanChart face pressure from Hong Kong to take on crypto clients – FT

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 ..

Unilever to scoop up frozen yogurt brand Yasso

Unilever to scoop up frozen yogurt brand Yasso

(Reuters) – Unilever said on Wednesday it is set to acquire frozen yogurt bra..

Binance has not sold either bitcoin or Binance Coin, CEO says

Binance has not sold either bitcoin or Binance Coin, CEO says

(Reuters) -Cryptocurrency exchange Binance has not sold either bitcoin or Binance C..

OMV Petrom makes largest crude oil discovery in decades

OMV Petrom makes largest crude oil discovery in decades

BUCHAREST (Reuters) -Romanian oil and gas group OMV Petrom, majority-controlled by ..

Manchester United shares climb on speculations over takeover bid

Manchester United shares climb on speculations over takeover bid

(Reuters) -Manchester United’s shares were up 15% in premarket trading on Tues..

Britain’s COVID inquiry launches with pledge to put bereaved at its heart

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 p..

UK supermarket Asda freezes prices of 500 products

UK supermarket Asda freezes prices of 500 products

LONDON (Reuters) -Asda, Britain’s third largest supermarket group, has frozen..

NATO to set up liaison office in Tokyo, strengthen links in region – Nikkei

NATO to set up liaison office in Tokyo, strengthen links in region – Nikkei

TOKYO (Reuters) – NATO will set up a liaison office in Tokyo in 2024 and use ..

BlackRock fund targets greening of materials sector

BlackRock fund targets greening of materials sector

By Clara Denina and Simon Jessop LONDON (Reuters) – BlackRock on Tuesday laun..

IKEA bets on remote interior design as AI changes sales strategy

IKEA bets on remote interior design as AI changes sales strategy

By Helen Reid LONDON (Reuters) – IKEA is training call centre workers to beco..

Domino’s Pizza to shut 27 stores in Denmark, Australian construction and supply arm

Domino’s Pizza to shut 27 stores in Denmark, Australian construction and supply arm

By Navya Mittal (Reuters) – Australia’s Domino’s Pizza Enterprise..

Rio Tinto inks deal to bring iron ore rail car manufacturing to Pilbara

Rio Tinto inks deal to bring iron ore rail car manufacturing to Pilbara

(Reuters) – Mining giant Rio Tinto said on Tuesday it will partner with Weste..

Oracle beats quarterly revenue estimates on cloud services demand

Oracle beats quarterly revenue estimates on cloud services demand

(Reuters) -Oracle on Monday topped fourth-quarter revenue estimates and forecast an..

UN chief backs idea of global AI watchdog like nuclear agency

UN chief backs idea of global AI watchdog like nuclear agency

By Michelle Nichols UNITED NATIONS (Reuters) – U.N. Secretary-General Antonio..