Exclusive – HSBC pulling back from China credit card business after struggling to expand, sources say
By Selena Li and Engen Tham (Reuters) – HSBC is pulling back from its credit card business in China eight years after its l..
News
All Posts
Oil slips on US gasoline stocks buildup; traders eye weekend OPEC+ meet
By Siyi Liu SINGAPORE (Reuters) -Oil prices drifted lower on Thursday after a surprise jump in U.S. gasoline inventories, with investo..
News
UK’s Direct Line surges after rejecting Aviva’s $4.16 billion takeover offer
(Reuters) -Shares in UK’s Direct Line Insurance soared over 36% in early trade on Thursday after it rejected a 3.28 billion poun..
News
ASML and peers climb on hopes for less severe US curbs on China chips
(Reuters) -Shares of ASML and its peers in the European computer chip equipment sector climbed on Thursday after Bloomberg News report..
News
Bitcoin options trade shows more bets on retreat after failing to breach $100,000
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Investors in the world’s largest cryptocurrency are anticipating a si..
News
French tightening plans credible, Dutch want to spend too much, says Commission
By Jan Strupczewski BRUSSELS (Reuters) -France’s draft 2025 budget and medium-term plan to bring down public debt are in line wi..
News
Asian stocks slide amid Trump tariff worries, yen gains
By Kevin Buckland TOKYO (Reuters) -Asian stocks fell on Wednesday and currencies were volatile as investors fretted over whether other..
News
Swiss International University Announces $21.7 Million Acquisition of Academies in Switzerland, Dubai and Kyrgyzstan
Swiss International University LLC acquires four leading academies in Switzerland, Kyrgyzstan and the UAE from a well-established lear..
Business
Why Students Are Choosing Study Abroad: A Global Shift in Education Trends
International demand for education still continues to grow unabated, with several millions of students going to other countries to stu..
Finance
UK shop prices fall less sharply in November, survey shows
LONDON (Reuters) – Prices in British shops fell less sharply this month, according to a survey from the British Retail Conso..
News
Britain’s parliament to vote on strict anti-smoking rules
By Catarina Demony LONDON (Reuters) – British lawmakers will on Tuesday debate and vote on plans to introduce some of the wo..
News
Italy’s Bending Spoons to take Brightcove private in $233 million deal
(Reuters) – Cloud-based streaming platform Brightcove said on Monday Bending Spoons will buy the company in a transaction va..
News
Transform Your Loft and Your Property Value: A Smart Move for UK Homeowners
As remote work solidifies its place in the modern workplace, UK homeowners are increasingly looking to maximise their home’s potential..
Finance
German defence firm Renk Group appoints Alexander Sagel as CEO
(Reuters) – German defence firm Renk Group said on Sunday it had appointed management board member Alexander Sagel as CEO effect..
News
Explainer-COP29 – How does $300 billion stack up?
By Karin Strohecker and Simon Jessop BAKU (Reuters) – Countries agreed at the U.N.’s COP29 climate conference to spend $30..
News
Thyssenkrupp: expert opinion gives positive view for steel business
DUESSELDORF, Germany (Reuters) -An expert opinion on the financial needs of Thyssenkrupp’s crisis-hit steel division has given a..
News
Dollar dips with Treasury yields after Bessent pick
By Wayne Cole SYDNEY (Reuters) – The dollar surrendered a little of its recent gains on Monday as investors assumed the pick for..
News
ThreatQuotient Publishes 2024 Evolution of Cybersecurity Automation Adoption Research Report
Survey results highlight that cybersecurity automation is now an important part of cybersecurity professionals’ defensive strategy – b..
Technology
Dollar rises after claims data, bitcoin continues rally
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar rose to a 13-month high in choppy trading on Thursday as investors assessed the la..
News
SNB board member says inflation is within target range
By Emma Farge GENEVA (Reuters) – Swiss National Bank governing board member Petra Tschudin said on Thursday that inflation was c..
News
Economists see Russian inflation exceeding the central bank’s 2024 estimate
By Gleb Bryanski and Darya Korsunskaya MOSCOW (Reuters) – Leading Russian economists expect inflation in Russia to exceed the ce..
News
Fox and Hulu announce multi-year content streaming partnership
(Reuters) – Fox Entertainment and Hulu announced on Thursday a multi-year content deal whereby the Walt Disney-controlled stream..
News
Nissan Motor urges UK to ease EV targets amid weak demand
(Reuters) – Nissan Motor urged the UK government on Wednesday to ease up its electric vehicle mandate, which encourages manufact..
News
Elf Beauty stock slides after Muddy Waters says it has shorted its shares
By Nell Mackenzie LONDON (Reuters) – Muddy Waters has taken a short position in cosmetics company Elf Beauty, the hedge fundR..
News
Investors lift US dollar, focus on Federal Reserve outlook
By Chuck Mikolajczak NEW YORK (Reuters) -The U.S. dollar rose on Wednesday, renewing its post-election rally after a three-session dec..
News
LetterOne loses first UK national security appeal over forced broadband sale
LONDON (Reuters) -Russian oligarch-backed investment firm LetterOne lost its challenge to the enforced sale of a broadband provider on..
News
HSBC relaunches ‘Premier’ brand in UK in pursuit of wealthy clients
By Lawrence White LONDON (Reuters) – HSBC is relaunching its ‘Premier’ wealth banking brand in Britain, targeting so..
News
Swiss bank EFG on course for record profit, CEO says
ZURICH (Reuters) -EFG International is on course to beat last year’s net profit and record its most profitable year, the Swiss p..
News
Banks, construction shares lead rebound in Europe’s STOXX 600
(Reuters) – Europe’s main stock index opened higher on Wednesday after a three-session decline, as construction and bank s..
News
Dollar touches one-week low as safety bid, ‘Trump trade’ momentum ebb
By Kevin Buckland TOKYO (Reuters) -The U.S. dollar slipped to a one-week low versus major peers on Wednesday, looking to extend a thre..
News
UK retail warns of inflation and job losses from budget, seeks Reeves meeting
LONDON (Reuters) – Britain’s biggest retailers have written to finance minister Rachel Reeves to warn her that last month&..
News
Global shares soft; dollar, bond yields hold near multi-month highs
By Samuel Indyk and Rae Wee LONDON (Reuters) -The U.S. dollar and bond yields held near multi-month peaks on Monday on expectations th..
News
Planning Permission in Decline: A Growing Crisis Threatens the UK Housing Sector
The UK housing sector is on the brink of a major crisis as planning permission approvals continue to decline, raising alarms across th..
Finance
Portugal airline TAP’s profit drops on forex losses, higher wage costs
LISBON (Reuters) – Portugal’s flag carrier TAP reported a 35% slump in third-quarter net profit on Monday to 118 million e..
News
China and Britain enjoy vast space for cooperation, Xi tells Starmer
BEIJING (Reuters) – Chinese President Xi Jinping told British Prime Minister Keir Starmer Monday that the two countries enjoy a ..
News
UK creates new businesses at slowest rate since 2010
LONDON (Reuters) – Britons started new businesses last year at the slowest rate since 2010, a potential warning sign for longer-..
Business
Philippines urges residents to flee as super typhoon Man-Yi strengthens on approach
MANILA (Reuters) -Philippine authorities issued an urgent appeal on Saturday for residents in low-lying areas and coastal towns to mov..
News