Headlines

Frankfurt steps up efforts to shift euro clearing from London

Frankfurt steps up efforts to shift euro clearing from London

By Huw Jones LONDON (Reuters) – Deutsche Boerse’s derivatives division s..

Prosus and Naspers deny report they are in talks to sell Tencent stake

Prosus and Naspers deny report they are in talks to sell Tencent stake

AMSTERDAM (Reuters) -Technology investment firm Prosus NV and its South African pare..

Exclusive-Tesla plans mass production start for Cybertruck at end of 2023-sources

Exclusive-Tesla plans mass production start for Cybertruck at end of 2023-sources

(Reuters) – Tesla aims to start mass production of its Cybertruck at the end o..

UK’s National Grid launches 50 million pound energy support fund

UK’s National Grid launches 50 million pound energy support fund

By Nina Chestney LONDON (Reuters) – Britain’s National Grid said on Tues..

BP sees $2.5 billion UK tax bill this year including windfall levy

BP sees $2.5 billion UK tax bill this year including windfall levy

LONDON (Reuters) – BP expects to pay around $2.5 billion in taxes for its Brit..

Dutch chemicals group DSM cuts profit target as costs soar

Dutch chemicals group DSM cuts profit target as costs soar

By Tristan Chabba (Reuters) -Dutch specialty chemicals maker DSM on Tuesday lowered ..

Musk’s lenders prepare to hold $12.7 billion Twitter debt on books until early 2023 – FT

Musk’s lenders prepare to hold $12.7 billion Twitter debt on books until early 2023 – FT

(Reuters) – Banks that lent $12.7 billion to Elon Musk for his $44 billion Twi..

Toyota cuts output target amid chip crunch as profit tumbles 25%

Toyota cuts output target amid chip crunch as profit tumbles 25%

TOKYO (Reuters) -Toyota Motor Corp on Tuesday posted a worse-than-expected 25% drop ..

Oil prices rise as weaker dollar offsets China COVID-19 concerns

Oil prices rise as weaker dollar offsets China COVID-19 concerns

By Isabel Kua SINGAPORE (Reuters) – Oil prices rose on Tuesday, paring losses ..

UK government under pressure over conditions at migrant centre

UK government under pressure over conditions at migrant centre

By Kylie MacLellan LONDON (Reuters) – The British government came under increa..

Instagram fixes bug that triggered hours-long outage

Instagram fixes bug that triggered hours-long outage

(Reuters) -Instagram said on Monday it had fixed a software bug that prevented thous..

Stocks fall, bond yields rise as focus shifts to Fed, rate outlook

Stocks fall, bond yields rise as focus shifts to Fed, rate outlook

By Caroline Valetkevitch NEW YORK (Reuters) – A global stock index fell and U...

Seoul crush hits storied Itaewon nightlife district on verge of renewal

Seoul crush hits storied Itaewon nightlife district on verge of renewal

By Ju-min Park, Hyonhee Shin and Soo-hyang Choi SEOUL (Reuters) -With “Hooker ..

Oil slips on China COVID curbs, weak factory activity data

Oil slips on China COVID curbs, weak factory activity data

By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices fell on Monday follow..

Apple workers in Australia gear up for more strike action

Apple workers in Australia gear up for more strike action

By Lewis Jackson SYDNEY (Reuters) – Hundreds of Apple workers in Australia are..

Stocks rally wobbles as Fed hike draws near

Stocks rally wobbles as Fed hike draws near

By Tom Westbrook SINGAPORE (Reuters) – Asian stock markets wobbled higher on M..

Baillie Gifford funds bought more shares of China’s Pinduoduo, NIO in Q3

Baillie Gifford funds bought more shares of China’s Pinduoduo, NIO in Q3

By Summer Zhen HONG KONG (Reuters) – Baillie Gifford, one of the largest asset..

U.S. climate envoy Kerry: King Charles at COP27 would be ‘very powerful’

U.S. climate envoy Kerry: King Charles at COP27 would be ‘very powerful’

LONDON (Reuters) – It would be “very powerful” if King Charles att..

French asset manager Amundi posts Q3 outflows of $13 billion

French asset manager Amundi posts Q3 outflows of $13 billion

By Carolyn Cohn LONDON (Reuters) -Amundi posted net outflows of 12.9 billion euros (..

EU approves effective ban on new fossil fuel cars from 2035

EU approves effective ban on new fossil fuel cars from 2035

By Kate Abnett BRUSSELS (Reuters) -The European Union struck a deal on Thursday on a..

Swedish Match continues to see strong smoke-free sales growth

Swedish Match continues to see strong smoke-free sales growth

(Reuters) -Nicotine and tobacco products group Swedish Match on Friday reported thir..

Porsche posts 40% jump in nine-month operating profit

Porsche posts 40% jump in nine-month operating profit

BERLIN (Reuters) -Porsche reported a 40.6% leap in operating profit to more than 5 b..

Analysis-European retailers are on investors’ naughty lists this Christmas

Analysis-European retailers are on investors’ naughty lists this Christmas

By Joice Alves LONDON (Reuters) – The Christmas shopping period is unlikely to..

Lights maker Signify cuts annual outlook on lower consumer demand, China woes

Lights maker Signify cuts annual outlook on lower consumer demand, China woes

(Reuters) -Signify, the world’s biggest maker of lights, cut its full-year pro..

Equinor posts record profit boosted by soaring gas

Equinor posts record profit boosted by soaring gas

By Nerijus Adomaitis and Nora Buli OSLO (Reuters) – Equinor on Friday posted f..

South Korea has not supplied lethal weapons to Ukraine, president says

South Korea has not supplied lethal weapons to Ukraine, president says

SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Friday Seoul ha..

Universal Music Q3 earnings beat expectations, streaming growth slows

Universal Music Q3 earnings beat expectations, streaming growth slows

AMSTERDAM (Reuters) -Universal Music Group NV (UMG), the largest record label, on Th..

Food group Danone raises 2022 outlook as third-quarter sales beat expectations

Food group Danone raises 2022 outlook as third-quarter sales beat expectations

By Dominique Vidalon PARIS (Reuters) – French food group Danone on Thursday ra..

French unions unanimously sign wage agreement with EDF, company says

French unions unanimously sign wage agreement with EDF, company says

PARIS (Reuters) – France’s EDF has formally signed a wage agreement for ..

ECB raises interest rates again, cuts bank subsidies

ECB raises interest rates again, cuts bank subsidies

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Cent..

Unilever downbeat on Europe, China consumer sentiment

Unilever downbeat on Europe, China consumer sentiment

By Richa Naidu LONDON (Reuters) -Unilever Plc on Thursday gave a dire assessment of ..

Capgemini ‘comfortable’ with top end 2022 targets but sees demand slowing

Capgemini ‘comfortable’ with top end 2022 targets but sees demand slowing

By Dagmarah Mackos (Reuters) -French IT consulting group Capgemini sees demand slowi..

Oil rises on strong crude demand, despite China fears

Oil rises on strong crude demand, despite China fears

By Alex Lawler LONDON (Reuters) -Oil rose on Thursday, extending a rally of nearly 3..

Britain’s car output drops 6% as supply woes persist

Britain’s car output drops 6% as supply woes persist

(Reuters) – British car production dropped 6% in September, an industry body s..

Hotel group Accor continues post-COVID recovery after a ‘gorgeous’ summer

Hotel group Accor continues post-COVID recovery after a ‘gorgeous’ summer

By Diana Mandia and Dina Kartit (Reuters) – Europe’s biggest hotel group..

Macron, Scholz plaster over differences with smiles and a handshake

Macron, Scholz plaster over differences with smiles and a handshake

By Michel Rose PARIS (Reuters) – French President Emmanuel Macron and German C..

Italy’s windfall tax on energy companies needs to be rewritten – PM

Italy’s windfall tax on energy companies needs to be rewritten – PM

ROME (Reuters) – Italy needs to rewrite its windfall tax on energy companies t..