Small business distress index hits mid-2020 high
By Chiara Elisei LONDON (Reuters) – Corporate distress among small and medium-sized enterprises (SMEs) hit its highest since mi..
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Auto lobby urges Spain’s next government to commit to decarbonisation
((This July 12 story has been corrected to clarify that the forecast is for all car sales in Spain, not just EV sales, in paragraph 8..
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Signs ‘crypto winter’ ending as regulatory fog begins to lift
By Tom Westbrook and Rae Wee SINGAPORE (Reuters) -Cryptocurrencies were testing year highs on Friday as a run of favourable regulator..
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Italy’s luxury groups set aside rivalries to keep it local
Italy’s luxury groups set aside rivalries to keep it local By Elisa Anzolin MILAN (Reuters) – Italy’s luxury ..
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Euro zone ministers agree on gradual wind-down of spending
BRUSSELS (Reuters) – Euro zone finance ministers agreed on Thursday that the single currency area needed a “determined, g..
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Ericsson’s quarterly operating profit declines, beats expectations
Ericsson’s quarterly operating profit declines, beats expectations By Martin Coulter LONDON (Reuters) – Sweden’s Eri..
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Exclusive-Canada unfreezes talks with Turkey on export controls after NATO move-source
ANKARA (Reuters) -Canada has unfrozen talks with Turkey on lifting export controls on drone parts after Ankara gave its nod for Sweden..
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Bosch ups investment in hydrogen, begins fuel-cell power module production
BERLIN (Reuters) – German auto supplier Bosch will invest almost 2.5 billion euros ($2.8 billion) in hydrogen fuel cell technolo..
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Elon Musk thinks China is interested in an international AI framework
WASHINGTON (Reuters) -Billionaire Elon Musk said on Wednesday he thinks China is interested in a cooperative international framework o..
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UK’s Domino’s Pizza Group names new CEO
(Reuters) -Domino’s Pizza Group said on Thursday Andrew Rennie, who has served as the Europe chief for a major franchise operato..
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Discount retailer Pepco’s sales growth slows
LONDON (Reuters) -European discount retailer Pepco Group reported a slowdown in underlying sales growth in its latest quarter on Thur..
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Big companies toughen banking partner screening after crisis – survey
NEW YORK (Reuters) – Large companies are spreading out their counterparty risk and increasing screening of their banking partner..
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Wall Street cheers cool CPI with stock rally; dollar, yields decline
By Lawrence Delevingne (Reuters) -Wall Street stocks advanced on Wednesday and the dollar and Treasury yields fell after new U.S. inf..
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British digital bank Monzo in talks to buy Nordic lender Lunar
LONDON (Reuters) – British digital bank Monzo is in early stage discussions about a potential acquisition of Nordic lender Luna..
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Germany more flexible on hydrogen transition, emphasises speed – draft
FRANKFURT (Reuters) – Germany is set to hold on to its hydrogen economy goals up to 2030 and beyond while pressing for speed an..
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Smurfit Kappa eyes wider North Africa expansion after Morocco opening
By Padraic Halpin DUBLIN (Reuters) -Europe’s largest paper and packaging producer Smurfit Kappa expects the opening of its firs..
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Bank of England says Britain is coping with higher interest rates
By David Milliken, Huw Jones and William Schomberg LONDON (Reuters) -Britain’s economy is so far proving resilient to a surge i..
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Exclusive-SoftBank considering US listing for its PayPay business – sources
By Sam Nussey and Miho Uranaka TOKYO (Reuters) -SoftBank is considering a U.S. listing for its PayPay payments business, three source..
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Oil steadies amid economic concerns, higher U.S. crude stocks
(Reuters) -Oil prices barely moved on Wednesday as markets weighed a possible build in U.S. crude stockpiles and economic concerns aga..
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IBM mulls using its own AI chip in new cloud service to lower costs
SAN FRANCISCO (Reuters) – International Business Machines (IBM) is considering the use of artificial intelligence chips that it ..
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Zara owner boosts sustainability goals as fast-fashion feels the heat
By Corina Pons and Helen Reid MADRID/LONDON (Reuters) -Zara owner Inditex said on Tuesday it will look to recycling and sustainably f..
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LG Chem raising $2 billion in exchangeable bonds
SEOUL (Reuters) – South Korea’s LG Chem Ltd is raising $2 billion in bonds that will exchange for LG Energy Solution Ltd ..
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Stocks rise, dollar retreats ahead of inflation data
By Amanda Cooper LONDON (Reuters) -Global shares rose and the dollar eased on Tuesday ahead of U.S. inflation data that could support..
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Heathrow passenger numbers near pre-pandemic levels in June
LONDON (Reuters) – Heathrow Airport, Britain’s busiest, said 7 million passengers traveled through it last month, putting..
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U.S. says to move forward with transfer of F-16 jets to Turkey
VILNIUS (Reuters) – U.S. President Joe Biden will move forward with the transfer of F-16 fighter jets to Turkey in consultation ..
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Analysis-Japan’s changing views on price hikes open door for BOJ policy tweak
TOKYO (Reuters) – Japanese consumers may finally be shedding their decades-old frugal mindset, spending more on items that retai..
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Food prices squeeze consumers in June, hot weather boosts summer spending: BRC
By Suban Abdulla LONDON (Reuters) – Unusually hot weather boosted sales of sun screen and barbecue food in Britain last month, ..
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Oil rises on OPEC+ cuts, weaker dollar
By Arathy Somasekhar and Sudarshan Varadhan (Reuters) -Oil prices edged higher on Tuesday, recouping some of the losses from the prev..
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Apple opens store on China’s WeChat platform
BEIJING (Reuters) -Tencent’s WeChat said on Tuesday that iPhone maker Apple had opened a store on its social media platform, mar..
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Uniper chief says flexible duration LNG contracts key for Europe
VANCOUVER (Reuters) – Shorter-duration contracts for LNG purchases will be important for Europe’s diversifying supply give..
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Turkey backs Sweden’s NATO entry
(Reuters) – Turkey’s President Tayyip Erdogan agreed Monday to support Sweden’s bid to join NATO, a move that will ..
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L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender
BENGALURU (Reuters) – Engineering and construction major Larsen & Toubro on Monday said it struck an agreement with Spanish..
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Thames Water pulled back from the brink after investors pump in $960 million
Thames Water pulled back from the brink after investors pump in $960 million By Sarah Young LONDON (Reuters) -Thames Water said its in..
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UK health regulator approves GSK’s vaccine for common respiratory virus RSV
(Reuters) -Britain’s health regulator approved GSK’s vaccine for the respiratory syncytial virus (RSV), which causes thou..
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Marketmind: China disinflation a mix of good and bad
Marketmind: China disinflation a mix of good and bad (Reuters) – A look at the day ahead in European and global markets from Way..
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Analysis-Europe faces long wait for weight-loss drugs as governments eye costs
By Ludwig Burger and Andreas Rinke FRANKFURT (Reuters) – Novo Nordisk will start selling its hugely popular obesity drug Wegovy..
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Gucci-owner Kering paid $3.8 billion for French fragrance label Creed – FT
(Reuters) -Gucci-owner Kering paid 3.5 billion euros ($3.83 billion) for acquiring high-end French fragrance label Creed in June, the..
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