Headlines

Bourse operator ASX takes action for trading software’s operational reliability

Bourse operator ASX takes action for trading software’s operational reliability

(Reuters) – Australia’s bourse operator ASX Ltd said on Monday it had submitted a special report for its Clearing House El..

Irish domestic economy returns to growth in first quarter

Irish domestic economy returns to growth in first quarter

DUBLIN (Reuters) – Ireland’s domestic economy returned to growth in the first three months of the year after a shallow rec..

Elan Closs Stephens named BBC acting chair

Elan Closs Stephens named BBC acting chair

LONDON (Reuters) -Britain on Friday appointed BBC board member Elan Closs Stephens as the public broadcaster’s acting chair, rep..

Volkswagen brings VW bus back to North American market after 20 years

Volkswagen brings VW bus back to North American market after 20 years

FRANKFURT (Reuters) – Volkswagen will start selling battery-powered versions of its VW bus in North America from 2024 onwards, t..

Vodafone faces German probe over suspected obstruction of 1&1

Vodafone faces German probe over suspected obstruction of 1&1

BERLIN (Reuters) -Vodafone and its German subsidiary Vantage Towers are facing an antitrust investigation in Germany over concerns tha..

World food prices fall to two-year low in May – UN food agency

World food prices fall to two-year low in May – UN food agency

PARIS (Reuters) -The United Nations food agency’s world price index fell in May to its lowest in two years, as a slump in price..

New Tiananmen museum opens in New York ahead of June 4 anniversary

New Tiananmen museum opens in New York ahead of June 4 anniversary

By Aleksandra Michalska and Michael Martina NEW YORK (Reuters) -The hope for a “free China” lives on in a new Manhattan mu..

U.S. regulation fears drive insurers’ climate alliance break-up

U.S. regulation fears drive insurers’ climate alliance break-up

By Tommy Wilkes LONDON (Reuters) -The success of Republicans in triggering the break-up of a coalition of insurance firms aimed at tac..

Hungary looking for ‘friendly’ co-investor to acquire Budapest Airport

Hungary looking for ‘friendly’ co-investor to acquire Budapest Airport

BUDAPEST (Reuters) – Hungary’s government is looking for a “friendly” co-investor to acquire Budapest Airport..

Irish state, Britain’s NatWest to sell 6% stake in Permanent TSB

Irish state, Britain’s NatWest to sell 6% stake in Permanent TSB

LONDON/DUBLIN (Reuters) -Ireland’s finance ministry and British lender NatWest Group said on Thursday they would together sell ..

IKEA stores owner Ingka starts on first New Zealand store

IKEA stores owner Ingka starts on first New Zealand store

By Marie Mannes STOCKHOLM (Reuters) – IKEA stores owner Ingka group has announced the official start of work on its delayed fir..

UK house prices fall by most since 2009, higher rates to bite-Nationwide

UK house prices fall by most since 2009, higher rates to bite-Nationwide

LONDON (Reuters) -British house prices fell by the most since 2009 in the 12 months to May and the country’s housing market fac..

Royal wedding showpiece highlights Jordan’s role as West’s stable ally

Royal wedding showpiece highlights Jordan’s role as West’s stable ally

By Suleiman Al-Khalidi AMMAN (Reuters) -The heir to Jordan’s throne will marry amid much fanfare on Thursday, in a glittering c..

SNB defends raising rates, says not to blame for Credit Suisse failure

SNB defends raising rates, says not to blame for Credit Suisse failure

(This May 31 story has been corrected to clarify that Jordan’s comment referred to another bank and not Credit Suisse, in parag..

Internet data growth has not pushed up telcos’ network costs, Dutch government says

Internet data growth has not pushed up telcos’ network costs, Dutch government says

By Foo Yun Chee BRUSSELS (Reuters) – The Dutch government has stepped up its criticism of a push by EU telecoms operators to ge..

Global factories struggle for momentum amid patchy demand

Global factories struggle for momentum amid patchy demand

By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Sluggish global demand deepened the decline in manufacturing activity acro..

Sugar group Tereos reports leap in core profit as prices rise

Sugar group Tereos reports leap in core profit as prices rise

PARIS (Reuters) – French sugar and ethanol group Tereos on Thursday posted a strong rise in sales and earnings for its 2022/23 ..

Major central banks renew rate hike push in May

Major central banks renew rate hike push in May

By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace of interest rate hikes across major central banks showed l..

Dr Martens tripped up by tough U.S. market

Dr Martens tripped up by tough U.S. market

By Eva Mathews and Helen Reid (Reuters) -Dr Martens shares dropped more than 10% on Thursday after the British bootmaker warned inves..

Dollar rises as U.S. debt bill passes House, euro slides ahead of inflation

Dollar rises as U.S. debt bill passes House, euro slides ahead of inflation

By Rae Wee and Joice Alves SINGAPORE/LONDON (Reuters) – The dollar rose on Thursday after a vote of approval from the U.S. Hous..

New global renewables capacity additions to rise by a third this year – IEA

New global renewables capacity additions to rise by a third this year – IEA

By Nina Chestney LONDON (Reuters) – Global additions of renewable power capacity are expected to rise by a third this year, the..

BRICS ministers meet in push to establish group as counterweight to West

BRICS ministers meet in push to establish group as counterweight to West

By Wendell Roelf CAPE TOWN (Reuters) – Foreign ministers from the BRICS countries are meeting in South Africa from Thursday as ..

Oil rises on potential U.S. rate hike pause, debt bill passing

Oil rises on potential U.S. rate hike pause, debt bill passing

By Arathy Somasekhar and Andrew Hayley BEIJING (Reuters) -Oil prices rose on Thursday, reversing earlier losses, as a potential pause..

Liberty Global and Warner Bros Discovery owners weigh deal for All3Media -sources

Liberty Global and Warner Bros Discovery owners weigh deal for All3Media -sources

By Amy-Jo Crowley LONDON (Reuters) – The owners of All3Media, Britain’s largest independent TV production company, are ex..

Factbox-Companies invest in EV battery factories in Europe

Factbox-Companies invest in EV battery factories in Europe

(Reuters) – Europe is seeking to lure electric vehicle (EV) battery makers to build factories in the region as the bloc –..

Harry Potter publisher Bloomsbury’s annual profit rises as readers lap up novels

Harry Potter publisher Bloomsbury’s annual profit rises as readers lap up novels

(Reuters) -Bloomsbury Publishing posted a rise in full-year profit on Wednesday, helping the Harry Potter publisher propose a 10% hik..

Exclusive-Credit Suisse axes China bank plan to avoid regulatory conflict under UBS-sources

Exclusive-Credit Suisse axes China bank plan to avoid regulatory conflict under UBS-sources

By Engen Tham, Summer Zhen and Selena Li HONG KONG/SHANGHAI (Reuters) -Credit Suisse has scrapped plans to set up a locally incorpora..

Private astronaut crew, including first Arab woman in orbit, returns from space station

Private astronaut crew, including first Arab woman in orbit, returns from space station

By Steve Gorman (Reuters) -An all-private astronaut team of two Americans and two Saudis, including the first Arab woman sent into or..

Mexico’s FEMSA launches second 3 billion euro sale of Heineken shares

Mexico’s FEMSA launches second 3 billion euro sale of Heineken shares

MEXICO CITY (Reuters) – Mexican bottler FEMSA on Tuesday offered 3.3 billion euros ($3.63 billion) worth of its shares in Heine..

Nestle hires LSEG’s Anna Manz as CFO

Nestle hires LSEG’s Anna Manz as CFO

By Richa Naidu and Friederike Heine LONDON/BERLIN (Reuters) – Nestle, the world’s biggest packaged food company, said on T..

Unilever CFO Pitkethly to leave company by May 2024

Unilever CFO Pitkethly to leave company by May 2024

By Richa Naidu and Eva Mathews (Reuters) – Unilever Plc said on Tuesday Chief Financial Officer Graeme Pitkethly would leave the..

UK’s Asda to buy EG petrol stations unit in $2.9-billion deal

UK’s Asda to buy EG petrol stations unit in $2.9-billion deal

LONDON (Reuters) -British supermarket Asda said it would buy the bulk of petrol station operator EG Group’s UK and Ireland busin..

Toyota, Daimler in deal to combine Japan truck operations

Toyota, Daimler in deal to combine Japan truck operations

TOKYO (Reuters) -Daimler Truck Holding AG and Toyota Motor Corp said on Tuesday they had entered a non-binding agreement to combine th..

Switzerland’s Social Democrats propose shrinking UBS – Aargauer Zeitung

Switzerland’s Social Democrats propose shrinking UBS – Aargauer Zeitung

ZURICH (Reuters) – Switzerland’s Social Democratic Party has drawn up a proposal to shrink UBS assets after its takeover o..

PwC Australia clients, staff in focus as tax leak faces government hearings

PwC Australia clients, staff in focus as tax leak faces government hearings

By Lewis Jackson SYDNEY (Reuters) – Australian senators will use parliamentary hearings this week to demand accounting firm Pric..

UK shop price inflation strikes new record high: BRC

UK shop price inflation strikes new record high: BRC

By Andy Bruce LONDON (Reuters) – British shop price inflation picked up this month to reach its highest rate since industry reco..

Tennis-‘Kosovo is the heart of Serbia’, Djokovic writes at French Open

Tennis-‘Kosovo is the heart of Serbia’, Djokovic writes at French Open

By Julien Pretot and Shrivathsa Sridhar PARIS (Reuters) – Serbian world number three Novak Djokovic risked stirring up a politic..