Uber rival Bolt seeks to turn profitable next year, IPO in 2025
By Supantha Mukherjee STOCKHOLM (Reuters) – Estonian ride-hailing and food delivery startup Bolt expects to turn profitable in ..
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Oil climbs almost 3% as recession fears begin to fade
By Alex Lawler LONDON (Reuters) – Oil rose almost 3% on Monday as U.S. recession fears eased and some traders took the view tha..
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Spain suspends trading in NH Hoteles, Thai parent offers to buy shares
MADRID/BANGKOK (Reuters) – Spanish stock market regulator CNMV on Monday suspended the trading of shares in NH Hotel Group SA p..
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Volkswagen to name Bentley production chief as new Cariad head – sources
By Jan Schwartz (Reuters) -Volkswagen will announce later on Monday the removal of the current leadership at its software unit Cariad..
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“A great treat”: King Charles heralds weekend of coronation celebrations
LONDON (Reuters) – King Charles thanked singers who performed at a coronation concert in his honour at Windsor Castle for a ..
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Italy open to selling down MPS stake on market if terms, buyers are right – sources
By Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy’s Treasury is open to reducing its 64% stake in Monte dei Paschi di Si..
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German industrial output slumps, recession fears rise
By Maria Martinez BERLIN (Reuters) -German industrial production fell more than expected in March, partly due to a weak performance b..
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Spain’s Grifols names current chairman as CEO, ending family leadership
By Joan Faus BARCELONA (Reuters) -Grifols said on Monday its executive chairman Thomas Glanzmann will become its new chief executive ..
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King Charles greets wellwishers outside palace before coronation
LONDON (Reuters) -Britain’s King Charles and his son William greeted wellwishers outside Buckingham Palace in central London on..
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World leaders gather in London for King Charles’ coronation
By Michael Holden LONDON (Reuters) – King Charles will hold a reception on Friday for world leaders gathered in London for his ..
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WHO declares end to COVID global health emergency
By Jennifer Rigby LONDON (Reuters) -COVID-19 no longer represents a global health emergency, the World Health Organization said on Fr..
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Analysis-Smoldering Iran nuclear crisis risks catching fire
By Arshad Mohammed, John Irish, Jonathan Landay and Parisa Hafezi WASHINGTON/PARIS/DUBAI (Reuters) – Even as the United States ..
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World food prices rise for first time in a year- FAO
ROME (Reuters) – The United Nations food agency’s world price index rose in April for the first time is a year, but is st..
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Adidas shares leap on results but CEO warns of bumpy year
By Helen Reid LONDON (Reuters) -Adidas reported better-than-expected quarterly results and said the Chinese market was improving, sen..
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Alpha Bank to sell bad loan portfolio to Fortress and Davidson Kempner
ATHENS (Reuters) – Alpha Bank ACBr.AT, one of Greece’s four largest lenders, said on Friday it signed a binding agreement..
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UK PM Sunak: Election results show people want us to deliver for them
LONDON (Reuters) – British Prime Minister Rishi Sunak said local elections results so far showed that people wanted his ruling ..
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Portugal’s Galp quarterly profit up 62%, below market forecast
LISBON (Reuters) -Portugal’s Galp Energia reported on Friday a smaller-than-expected 62% rise in adjusted first-quarter profit ..
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Republican leaders of Australia and NZ to pledge allegiance to king
By Alasdair Pal and Lucy Craymer SYDNEY/WELLINGTON (Reuters) – The leaders of Australia and New Zealand will pledge their alleg..
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Macquarie posts record profits on higher income from commodities arm
By Praveen Menon and Roushni Nair (Reuters) -Australia’s Macquarie Group on Friday forecast higher short-term income from its l..
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Geely’s London black cab unit unveils new large EV platform
By Nick Carey ANSTY, England (Reuters) – Geely unit London Electric Vehicle Company (LEVC) on Friday unveiled a new, large elect..
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Heineken to invest $300 million in Brazil to expand premium beer portfolio
SAO PAULO (Reuters) – Heineken NV, the world’s second-largest brewer, said on Thursday it will invest 1.5 billion reais (..
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US Treasury’s top international official heads to Europe, Asia for talks on economy
WASHINGTON (Reuters) – The U.S. Treasury Department’s top international official is heading to Europe and Asia this week ..
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What to expect from King Charles’ coronation on May 6
By Michael Holden LONDON (Reuters) -King Charles will be crowned at Westminster Abbey in a ceremony full of pomp, pageantry and solemn..
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Volvo Cars to axe 1,300 jobs as it steps up cost cuts
COPENHAGEN (Reuters) -Volvo Cars will lay off around 1,300 office-based employees in Sweden as it steps up cost cutting, the Sweden-b..
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Euro zone April business activity grows on strong services demand – PMI
By Indradip Ghosh BENGALURU (Reuters) – Growth in euro zone business activity sped up in April, though less than initially indi..
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Canadian PM Justin Trudeau to attend King Charles’ coronation in London
OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau will travel to Britain to attend the Coronation of King Charles at London..
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Joby Aviation to get investment from Tesla shareholder Baillie Gifford
(Reuters) – British investment management firm Baillie Gifford will invest $180 million in electric aircraft maker Joby Aviatio..
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UniCredit to use 300 million euro charges for voluntary staff exits-sources
MILAN (Reuters) – UniCredit will use restructuring charges it is set to book this year to fund voluntary exits after receiving ..
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Fed delivers small rate hike, opens door to pause in tightening cycle
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve on Wednesday raised interest rates by a quarter of a perc..
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Metro Bank posts second quarter of profitability on mortgage loans demand
(Reuters) – Metro Bank on Wednesday said it had reached underlying profitability for the second consecutive quarter, as net inf..
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Flutter Q1 revenues jump 29% as U.S. races ahead, UK bounces back
By Padraic Halpin DUBLIN (Reuters) -Flutter grew its revenue by 29% on a pro-forma basis in the first quarter, driven by a near doubl..
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King Charles’ coronation will be an economic boost, Buckingham Palace says
By Michael Holden LONDON (Reuters) – The coronation ceremony for King Charles on Saturday will be the most glorious display of ..
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Cineworld gets US court approval to raise $2.26 billion after bankruptcy
By Dietrich Knauth (Reuters) – Bankrupt movie theater chain Cineworld received U.S. court approval on Tuesday to raise $2.26 bi..
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Revlon emerges from bankruptcy after lender takeover
By Dietrich Knauth (Reuters) -Revlon Inc said on Tuesday that it has emerged from bankruptcy after cutting more than $2.7 billion in ..
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Oil slumps 5% to five-week low amid US debt default fears
By Scott DiSavino NEW YORK (Reuters) -Oil prices sank about 5% to a five-week low on Tuesday on concerns about the economy as U.S. po..
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Dollar dips as job openings fall, Fed meeting in focus
By Karen Brettell NEW YORK (Reuters) – The dollar fell Tuesday after data showed that U.S. job openings fell in March, a day be..
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Sport-Ronaldo tops Forbes’ highest-paid athletes list in 2023 after Saudi move
(Reuters) – Cristiano Ronaldo became the world’s highest-paid athlete after his move to Saudi Arabian side Al-Nassr nearl..
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