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..
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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 ..
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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..
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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..
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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..
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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
Analysis-Europe stands firm against US-driven ESG backlash
(Reuters) – Steady investor demand in Europe for environmental and socially responsible investments and wide-ranging regulation ..
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ECB holds rates, signals rate cut on horizon
LONDON (Reuters) -The European Central Bank kept interest rates unchanged on Thursday, but signalled that it may be preparing to eas..
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HEXAGON CARDS LAUNCHES NEW WEBSITE TO CELEBRATE YEAR ON YEAR INCREASE IN MEMBERSHIP SIGNUPS
Hexagon Cards, one of the UK’s most exclusive business clubs, has launched a new website and membership portal following an unprecede..
Business
Europe’s SMEs need one set of rules, report to say
(Reuters) – Europe’s export-oriented small businesses should be offered a single regulatory framework with the same rules ..
Business
Bank of England’s Greene says rate cuts should be “a way off”
(Reuters) -Bank of England policymaker Megan Greene said interest rate cuts in Britain should remain “a way off” because ..
Finance
Oil prices edge up on escalation in Middle East tensions
By Emily Chow SINGAPORE (Reuters) -Oil prices ticked up during trade on Thursday, after rising a dollar a barrel in the prior session..
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ECB to set up June rate cut after rapid disinflation
FRANKFURT (Reuters) -The European Central Bank is all but certain to keep borrowing costs at a record high on Thursday but is likely t..
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Dollar firms, yen fragile as Fed cut wagers crumble
By Ankur Banerjee SINGAPORE (Reuters) -The dollar was firm on Thursday after hotter-than-expected U.S. inflation data squashed linger..
Finance
Asian shares fall on U.S. rate scare, yen plumbs 34-yr low
SYDNEY (Reuters) – Asian shares tracked Wall Street lower on Thursday as sticky U.S. inflation forced markets to slash bets on h..
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Nike pins hopes on Olympics in race to take back market share
PARIS (Reuters) – Nike is set to unveil new kits for the Olympic national teams it sponsors including the U.S. and Kenya, seekin..
Business
Paris Olympics on track to hit NBC ad sales record after pandemic
By Sheila Dang (Reuters) – As the July opening ceremony for the 2024 Paris Olympics draws closer, U.S. broadcaster NBCUnivers..
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U.N. climate chief says two years to save the planet
By Kate Abnett and Simon Jessop LONDON/BRUSSELS (Reuters) -Governments, business leaders and development banks have two years to take..
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Companies get green light to use offsets for supply chain emissions
By Simon Jessop LONDON (Reuters) -A leading judge of corporate climate action plans said it will allow companies to use carbon credit..
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UK equities end volatile session higher as investors ponder rate outlook
(Reuters) -UK equities closed Wednesday’s volatile session higher as investors pondered the outlook for global rates after hotte..
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European shares rebound from one-month low; ECB rate verdict up next
(Reuters) -European shares staged a recovery after a knee-jerk reaction to a high U.S. inflation reading on Wednesday, with investors ..
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US dollar surges vs yen to highest since mid-1990 after hotter-than-expected inflation data
NEW YORK (Reuters) -The dollar rose across the board on Wednesday, soaring against the Japanese yen to its highest since mid-1990, a..
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Maintaining compliance with new commercial finance disclosures in a shifting commercial financing landscape
By Will Tumulty In 2022 California became the first state to enact a state-level commercial financing disclosure law tha..
Finance
EU extends trade guide on Chinese distortions to new sectors
BRUSSELS (Reuters) – The European Commission has updated its report on state-led distortions in the Chinese economy, adding new ..
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UK’s Tesco forecasts profit rise as consumer sentiment improves
LONDON (Reuters) -Britain’s biggest retailer Tesco forecast a further rise in profit on Wednesday, citing early signs of improvi..
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Factbox-European companies cut jobs as economy sputters
(Reuters) – The highest inflation for decades and the impact of the war in Ukraine have forced companies across Europe into layo..
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M&C Saatchi expects 2024 profit to meet forecasts
(Reuters) – M&C Saatchi said on Wednesday it expected to meet profit expectations this year, betting on its cost-savings ini..
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UK’s THG returns to revenue growth in Q4 on demand for beauty products
(Reuters) – British e-commerce firm THG said on Wednesday its revenue continued to improve in 2024 after returning to growth in..
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Puma hones focus on speed in Olympic battle with Adidas and Nike
By Helen Reid PARIS (Reuters) – German sportswear brand Puma is using this year’s Olympic Games and its partnership with ..
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Barry Callebaut operating profit falls 40% on transformation costs
(Reuters) -Barry Callebaut, the world’s biggest chocolate maker, reported lower than expected half-year operating profit on Wed..
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Shocks in G20 emerging economies hit rich-world growth, IMF says
By Libby George LONDON (Reuters) – Domestic shocks in emerging economies in the G20 are increasingly impacting growth in the ..
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World stocks mixed ahead of US inflation, metals soar
LONDON (Reuters) -Global shares were mixed on Tuesday ahead of this week’s U.S. inflation data and a crucial European Central Ba..
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US dollar struggles for direction ahead of data despite rise in yields
By Stefano Rebaudo (Reuters) -The dollar struggled for direction on Tuesday as investors were cautious ahead of inflation data due on..
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Flooding spreads in Russia, putting thousands more at risk
ORSK, Russia (Reuters) -Flood sirens blared out in two Russian cities on Tuesday, warning thousands more people to evacuate immediatel..
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Italy cuts growth forecasts and says debt set to rise
By Giuseppe Fonte and Matteo Negri ROME (Reuters) -The Italian government on Tuesday cut its growth forecast for this year and next, ..
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Daimler Truck Q1 sales drop 13% as markets normalize
BERLIN (Reuters) – Daimler Truck Group reported a 13% drop in first-quarter sales on Tuesday, as the markets normalize as expect..
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Italian hearing aid market lacks transparency, regulator says
ROME (Reuters) – The retail market for hearing aids in Italy – dominated by domestic player Amplifon – lacks transpa..
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