TABBit secures £320,000 investment to help friends manage their shared expenses
London, United Kingdom – 29 February, 2024, 12:00PM GMT – TABBit, a London based fintech startup, making it possible for friends to m..
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CMA CGM caps logistics push with $5 billion Bollore deal
By Gus Trompiz PARIS (Reuters) – France’s CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-ev..
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Norwegian Cruise forecasts upbeat first-quarter profit on robust demand
(Reuters) – Norwegian Cruise Line Holdings forecast a first-quarter profit on Tuesday betting on higher ticket prices and steady..
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UBS resumes buybacks, seeks more cost savings from Credit Suisse takeover
By Noele Illien ZURICH (Reuters) -UBS said on Tuesday it would restart share buybacks and find $3 billion more in cost savings from in..
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Euro zone economy lags global growth as Germany struggles
By Francesco Canepa and Jan Strupczewski FRANKFURT/BRUSSELS (Reuters) – The euro zone’s economy stagnated last year, under..
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Europe will miss 2030 chip market goal, says ASML CEO
By Toby Sterling AMSTERDAM (Reuters) – Europe will miss its goal of raising its share of the global computer chip market to 20%..
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Cars sold as an ‘Italian jewel’ must be made in Italy, PM tells Stellantis
ROME (Reuters) – A car being sold as an “Italian jewel” needs to be made in Italy, Prime Minister Giorgia Meloni sa..
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Video-game market recovery to pick up steam in 2024 on strong console sales – report
(Reuters) – A recovery in the global video-game market is expected to pick up pace this year on the back of strong sales of Mic..
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German president, businesses visit Vietnam eyeing investment
By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) -A German business delegation, including top firms for tunnel machines, wind..
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Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit
By Nivedita Balu (Reuters) – Canada on Thursday approved Royal Bank of Canada’s C$13.5 billion dollars ($10.2 billion) ac..
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UK to implement carbon levy on imported goods by 2027
By Kylie MacLellan LONDON (Reuters) -Britain said on Monday it would implement a new import carbon pricing mechanism by 2027, with go..
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EU risks losing ground in EVs without strong industry strategy – ACEA
BERLIN (Reuters) – Europe’s electric vehicle (EV) sector risks falling behind without a robust EU industrial strategy, au..
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German institutes cut 2024 GDP forecast on uncertainty
BERLIN (Reuters) – Three leading German economic institutes cut their 2024 economic growth forecasts on Thursday, saying consum..
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US FTC tries again to stop Microsoft’s already-closed deal for Activision
By Diane Bartz WASHINGTON (Reuters) – U.S. antitrust enforcers will argue on Wednesday that a federal judge got it wrong when s..
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Swathes of Siberia freeze in temperatures below -58 Celsius
YAKUTSK, Russia (Reuters) – Arctic weather enfolded swathes of Russia on Tuesday, with temperatures in the wilds of Siberia fal..
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After Musk tirade, X faces prospect of more advertisers fleeing
By Sheila Dang, Chavi Mehta and Jaspreet Singh (Reuters) -Social media company X faces the prospect of more advertisers fleeing and h..
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Swedish property problems could accelerate price drops in Denmark, central bank says
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Denmark’s central bank said on Tuesday that the risk of further price d..
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Global equity funds attract inflows on hopes for end to Fed rate rises
(Reuters) – Global equity funds attracted robust inflows in the seven days leading to Nov. 22, spurred by growing expectations ..
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Euro zone’s shadow banks face risk of margin calls, ECB says
FRANKFURT (Reuters) – Euro zone shadow banks face the risk of receiving large margin calls or client redemptions they cannot me..
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DIY retailer Kingfisher cuts profit outlook again on weak French market
By James Davey LONDON (Reuters) -European home improvement retailer Kingfisher on Wednesday downgraded its full-year profit outlook f..
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Explainer-Why calls for oil embargo on Israel are unlikely to go anywhere
By Ahmad Ghaddar LONDON (Reuters) -Israel’s military offensive in Gaza following an Oct. 7 attack by the enclave’s ruling..
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Spain’s Grenergy to expand in US under $2.8 billion plan
By Pietro Lombardi MADRID (Reuters) – Spain’s Grenergy plans to more than double its U.S. solar power generation projects..
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UK says new science initiative to work on climate-resilient crops
LONDON (Reuters) – British Prime Minister Rishi Sunak will announce a new science initiative to bring together work on developi..
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EU reaches deal to stop sending waste to countries that can’t process it
PARIS (Reuters) – European Union lawmakers and member states have reached a deal to revise the bloc’s waste shipment regu..
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Iraq becomes EBRD shareholder, Senegal and Ghana apply to join
LONDON (Reuters) -Iraq has become the 74th member of the European Bank for Reconstruction and Development, the multilateral lender sa..
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EU agrees law to hit fossil fuel imports with methane emissions limit
(Reuters) – The European Union reached a deal on Wednesday on a law to place methane emissions limits on Europe’s oil and..
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German economy, auto sector face risks from exposure to China, fund manager says
By Christoph Steitz FRANKFURT (Reuters) – Germany’s heavy economic exposure to China carries significant risks for Europe..
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Payments app Zelle begins refunds for imposter scams after Washington pressure
By Hannah Lang (Reuters) – Banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer pr..
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Apple to file challenge over Digital Markets Act in EU Court- Bloomberg News
(Reuters) – Apple Inc is set to challenge the European Union’s decision to put all of the App Store into the bloc’s..
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UK supermarket Booths to scrap most self-service tills
LONDON (Reuters) – Northern England supermarket chain Booths is to axe almost all of the self-service tills in its stores, sayi..
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With crime in focus, UK’s Sunak sets out pre-election agenda in King’s Speech
By Elizabeth Piper and Andrew MacAskill LONDON (Reuters) -Britain’s government set out its plans to tackle crime, boost growth ..
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Bonds, stocks take breather after last week’s rally
By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -A gauge of global equity performance edged higher and Treasury yields rose o..
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Don’t confuse customers over stablecoins, Bank of England warns lenders
By Huw Jones LONDON (Reuters) -The Bank of England told lenders on Monday that they must avoid any risk that customers might confuse ..
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Dollar buoyed by safe-haven bids, rate jitters
By Rae Wee SINGAPORE (Reuters) – The dollar was on the front foot on Monday in cautious trade as tensions in the Middle East es..
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Ripe for change? Activist investors eye food, consumer goods firms
LONDON (Reuters) – In early 2021, investment management firm Artisan Partners sent an open letter to an incoming member of Dano..
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Norway wealth fund to firms: use AI, but do it responsibly
By Gwladys Fouche OSLO (Reuters) – Norway’s $1.4 trillion wealth fund, the world’s single largest stock market inve..
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Thames Water pulled back from the brink after investors pump in $960 million
By Sarah Young LONDON (Reuters) -Thames Water said its investors had agreed to inject 750 million pounds ($960 million) into the comp..
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