UK’s struggling Thames Water proposes spending more on environmental improvements
LONDON (Reuters) -Britain’s Thames Water has proposed spending an additional 1.1 billion pounds ($1.36 billion) on environmental..
News
All Posts
Automakers hope for a cut as two-way EV charging becomes real
LONDON (Reuters) – Automakers from General Motors to Volvo Cars, alongside utilities and charging app operators are calculating ..
News
UK supermarket Asda says 2023 underlying profit up 24%
LONDON (Reuters) – Asda, Britain’s third biggest supermarket group, reported a 24% rise in annual earnings on Monday that ..
News
Prince Harry’s privacy case against Murdoch tabloids to proceed as planned
LONDON (Reuters) – Prince Harry’s privacy case has avoided a major delay after London’s High Court rejected an appli..
Top Story
UK retail sales stagnate despite easing inflation
By Suban Abdulla LONDON (Reuters) -British retail sales stagnated in March despite high inflation easing recently, representing the f..
Business
Scotland ditches 2030 climate target to cut emissions by 75%
LONDON (Reuters) -Scotland on Thursday scrapped its target of cutting climate-damaging greenhouse gas emissions by 75% by 2030, blamin..
News
Meta releases early versions of its Llama 3 AI model
NEW YORK (Reuters) – Meta Platforms on Thursday released early versions of its latest large language model, Llama 3, and an imag..
News
Industrials boost STOXX 600 as earnings season rolls in
(Reuters) -European shares rose on Thursday, boosted by industrials after Swiss engineering company ABB touched a record high followin..
News
Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets
(Reuters) -Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts this y..
News
ABB more confident about 2024 despite China slowdown
By John Revill ZURICH (Reuters) -ABB expects faster revenue growth in the coming months, with growth in markets such as the United St..
News
Danone beats first-quarter sales forecasts, keeps 2024 goals
PARIS/LONDON (Reuters) -Danone posted stronger-than-expected quarterly sales on Thursday, with all businesses delivering volume growth..
News
Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown
(This April 16 story has been refiled to correct the grammar in paragraph 6) HONG KONG (Reuters) – Morgan Stanley and HSBC are ..
News
US stocks lose steam on Fed caution and mixed earnings
NEW YORK (Reuters) -U.S. stocks on Wednesday reversed earlier gains as crude prices dropped and investors weighed cautious U.S. Federa..
News
EU considers bringing emissions removal credits into carbon market
By Kate Abnett FLORENCE (Reuters) – The European Union is looking into whether to bring emissions removal credits into its carb..
News
The importance of teaching about disabilities and inclusivity in children’s books
By: Kale Sudhoff, Author and Illustrator Growing up, I never imagined becoming an author. As a child, I struggled with a stutter that..
Top Story
Prince Harry says travel industry must do more for local communities
LONDON (Reuters) – Britain’s Prince Harry said it was crucial the travel industry did better by the local communities in ..
News
Navigation firm TomTom posts operating loss as auto sales slow
(Reuters) -Digital mapping company TomTom’s operating result turned to a wider-than-expected loss in the first quarter, hit by s..
News
Just Eat Takeaway’s Q1 orders ‘disappoint’, shares fall
(Reuters) -Just Eat Takeaway reported first-quarter orders below expectations on Wednesday, sending its shares 5% lower. Favoured by i..
News
UK inflation slows by less than expected to 3.2% in March
LONDON (Reuters) -British consumer price inflation slowed by less than expected to a two-and-a-half-year low of 3.2% in annual terms i..
News
Analysis-Painful high rates wake-up call threatens global markets
Analysis-Painful high rates wake-up call threatens global markets By Naomi Rovnick LONDON (Reuters) – Fear that interest rates i..
News
IMF warns financial risks linger amid ‘soft landing’
By Pete Schroeder WASHINGTON (Reuters) – The International Monetary Fund is cautioning against overexuberance in markets as inv..
Finance
docStribute appoints ex-Group CIO of Newcastle Building Society as Non-Executive Director
London-based RegTech company, docStribute, today announces the appointment of Manila McLean to the board of the Company a..
Business
Superdry plans to go private as it kicks off three-year turnaround plan
(Reuters) -British fashion chain Superdry announced a three-year restructuring plan on Tuesday and said a fund raising backed by its C..
News
Jaguar develops energy-storage unit using Range Rover batteries
By Nick Carey LONDON (Reuters) – Jaguar Land Rover has developed a mobile energy storage unit for sale in partnership with UK s..
News
Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2
(Reuters) -Telecom equipment maker Ericsson reported on Tuesday a first-quarter adjusted profit that beat expectations and said sales ..
News
Swiss chemicals maker Sika posts 13.8% jump in Q1 sales
(Reuters) -Swiss chemicals maker Sika AG on Tuesday reported a 13.8% increase in its first-quarter sales and confirmed its outlook for..
News
Stocks tumble, dollar firms amid geopolitical risk, mixed central bank views
NEW YORK/LONDON (Reuters) -U.S. stocks sold off sharply on Friday while the dollar jumped as investors grappled with rising geopolitic..
News
Oil slips as risk premium eases after Iran attack
By Laila Kearney NEW YORK (Reuters) -Oil prices sank by about $1 a barrel on Monday after Iran’s weekend attack on Israel pro..
News
Enduring allure: balancing beauty and wealth through jewellery investment
In a market where uncertain investment avenues such as bitcoin and non-fungible tokens (NFTs) continue to soar in popularity, jewelle..
Finance
Dollar jumps, yen weakest since 1990 after strong U.S. retail sales
By Karen Brettell NEW YORK (Reuters) – The dollar reached its highest since early November against a basket of currencies on Mo..
News
Greece to spend 780 million euros to protect marine biodiversity, PM says
ATHENS (Reuters) – Greece is pushing ahead with 21 initiatives worth 780 million euros ($830.9 million) to protect marine biodiv..
News
UK fintechs ask government for help to ease capital shortages
LONDON (Reuters) -Leaders of the UK’s financial technology industry are urging the British government to increase tax relief a..
News
BNP Paribas to become top investor in Belgian insurer Ageas
PARIS/HONG KONG (Reuters) -BNP Paribas, the euro zone’s biggest bank, has agreed to buy a 9% stake in the Belgian insurer Ageas ..
News
Hungary to consider fuel price intervention, says economy minister
BUDAPEST (Reuters) – Hungary’s government will consider whether to enforce lower fuel prices after a review by the Centra..
News
Recruiter PageGroup’s quarterly profit slumps 13% as hiring remains subdued
(Reuters) – UK’s PageGroup reported on Monday a nearly 13% drop in group gross profit in the first three months of 2024 du..
News
Home improvement retailer Kingfisher names Claudia Arney as new chair
LONDON (Reuters) – European home improvement retailer Kingfisher said on Monday that Chair Andrew Cosslett will step down in Ju..
News
STOXX 600 climbs over 1% on rate-cut optimism
By Johann M Cherian and Ozan Ergenay (Reuters) -European shares rose to over a week’s high on Friday, with major indexes that u..
Finance