Euro zone lending takes another hit in May
(Reuters) – Euro zone bank lending slowed further in May, dragged down by higher interest rates and a recession in the blocR..
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Boohoo urges Revolution Beauty to call general meeting over board changes
(Reuters) – Boohoo on Wednesday urged Revolution Beauty to call for its requisitioned general meeting “without further de..
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SAP CEO: huge growth potential in generative AI
(Reuters) – German business software maker SAP sees huge growth potential in generative AI technology, Chief Executive Officer ..
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Asia shares subdued, yen shunned as euro shines
By Wayne Cole SYDNEY (Reuters) – Asian shares stalled on Wednesday as surprisingly upbeat U.S. economic news warred with global..
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Google lays off staff at its mapping app Waze
(Reuters) -Alphabet-owned Google on Tuesday said it is cutting jobs at mapping app Waze as it merges the app’s advertising syst..
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Google lays off staff at its mapping app Waze
By James Davey LONDON (Reuters) – One in seven people in the United Kingdom faced hunger last year because they did not have en..
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Cryptoverse: Bitcoin bounces on BlackRock buzz
By Lisa Pauline Mattackal and Medha Singh (Reuters) – What would Satoshi make of it all? Bitcoin, the currency created to subve..
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German bond yield curve most inverted in nearly 31 years
By Stefano Rebaudo (Reuters) -The German yield curve was at its most inverted level in nearly 31 years on Tuesday as investors bet th..
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Aston Martin’s shares skid after it drops sales volume target
By Aby Jose Koilparambil (Reuters) – British luxury carmaker Aston Martin unnerved investors on Tuesday by leaving out a sales ..
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Renault CEO says free float of future electric unit will be more than 10%
PARIS (Reuters) – A sizeable chunk of Renault’s planned electric vehicle spinoff could remain in free float on the stock ..
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Accor plans to add more than 1,200 hotels
(Reuters) -Accor plans to open more than 1,200 hotels in the next five years, increasing the number of its resorts by more than one-f..
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China’s state banks seen selling dollars offshore to slow yuan drop – sources
SHANGHAI/BEIJING (Reuters) -China’s major state-owned banks were seen selling dollars in the offshore spot foreign exchange mar..
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Indonesia’s Pertamina, Electrum sign battery packs development deal
JAKARTA (Reuters) – Indonesia’s state energy company Pertamina said late on Monday it plans to develop battery packs for ..
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Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal
KUALA LUMPUR (Reuters) – Petronas said on Tuesday it has signed a development agreement with TotalEnergies Carbon Neutralit..
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Dollar holds firm ahead of U.S. durable goods, housing data
By Rocky Swift TOKYO (Reuters) – The U.S. dollar held its ground against major currencies on Tuesday as tension in Russia simme..
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Illumina starts job cuts, plans office exit to rein in costs
(Reuters) -Illumina Inc has commenced job cuts, the genetic sequencing equipment maker said on Monday, as it looks to cushion the imp..
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Britain says Celsa Steel has repaid emergency COVID loan, created 300 jobs
LONDON (Reuters) – The British arm of Celsa Steel has fully repaid an emergency COVID loan it received 3 years ago, generating ..
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UK’s Sainsbury’s cuts more prices, adding to signs of abating inflation
By James Davey and Sarah Young LONDON (Reuters) -British supermarket Sainsbury’s cut more prices on Monday, adding to evidence ..
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German business sentiment points to likelihood of longer recession
BERLIN (Reuters) -German business morale worsened for the second consecutive month in June, a survey showed on Monday, indicating tha..
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AB Foods raises profit outlook as Primark gets summer boost
By James Davey LONDON (Reuters) -Associated British Foods raised its full year profit outlook on Monday with its Primark fashion busi..
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Analysis-After the buzz, investors are doing their own homework on AI
By Danilo Masoni and Lucy Raitano MILAN (Reuters) – The rapid adoption of generative artificial intelligence has boosted market..
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PwC Australia says staff involved in tax leak face ‘severe’ consequences
By Lewis Jackson SYDNEY (Reuters) -PricewaterhouseCoopers Australia staff who are found to have acted improperly in a scandal over th..
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Desperately seeking staff: Paris Airshow lets jobless in for free
By Allison Lampert and Tim Hepher PARIS (Reuters) – Jean Blondin usually attends the world’s largest air show to find new..
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Explainer-Top Indian startup Byju’s battles auditor criticism, board exits
By M. Sriram MUMBAI (Reuters) – Education technology giant Byju’s, one of India’s biggest startups valued at $22 bi..
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Investors increase bets on UK recession as rate hikes bite
By Naomi Rovnick and Harry Robertson LONDON (Reuters) -Markets are doubling down on bets for a UK recession after the Bank of England..
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Exclusive-India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark -sources
By Nidhi Verma NEW DELHI (Reuters) – Indian state-run refiner BPCL is in talks with Rosneft to buy about 6 million metric tons ..
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Lithium producers warn global supplies may not meet electric vehicle demand
By Ernest Scheyder LAS VEGAS (Reuters) – Lithium producers are growing anxious that delays in mine permitting, staffing shortag..
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Microsoft says new computing service for chemicals can slash R&D time
By Stephen Nellis Microsoft Corp on Wednesday introduced a new computing service aimed at helping chemical companies speed up the res..
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Analysis-For EV batteries, lithium iron phosphate narrows the gap with nickel, cobalt
By Paul Lienert DETROIT (Reuters) – As the auto industry scrambles to produce more affordable electric vehicles, whose most exp..
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Nasdaq expects expanded markets to justify $10.5 billion Adenza merger price tag
By John McCrank NEW YORK (Reuters) – Nasdaq’s eye-popping $10.5 billion bet on the little known financial software compan..
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Factbox-Aviation emissions targets in focus at Paris Airshow
By Joanna Plucinska PARIS (Reuters) – Big deals at this week’s Paris Airshow have highlighted a sharp recovery in air tra..
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Abu Dhabi’s ADNOC in almost $11 billion approach for Covestro -sources
By Emma-Victoria Farr, Ludwig Burger and Patricia Weiss (Reuters) -Abu Dhabi National Oil Company (ADNOC) has approached German plast..
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Nasdaq to transfer European power business to EEX bourse
By Vera Eckert and Nora Buli FRANKFURT/OSLO (Reuters) -Nasdaq will transfer its European power trading and clearing business to the E..
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ECB risks losing sight of ‘greedflation’ with laser-focus on wages
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank risks losing sight of corporate profits as a dr..
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Dollar drifts as traders weigh rate path; yen fragile
By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was tentative on Monday as investors tried to assess the monetary polic..
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Europe’s brief window of market outperformance swings shut
By Samuel Indyk, Lucy Raitano and Alun John LONDON (Reuters) – European equities and the euro look set to lose out to U.S. mark..
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Crypto investors step up risk management after last year’s meltdowns
By Elizabeth Howcroft LONDON (Reuters) – Cryptocurrency investors have grown more cautious about who they do business with, aft..
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