UBS faces big penalty over Credit Suisse’s Archegos failings -FT
(Reuters) – UBS Group AG faces hundreds of millions of dollars in penalties over Credit Suisse’s mishandling of Archegos ..
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Bank of England launches first sector-wide liquidity ‘stress test’
By Huw Jones LONDON (Reuters) -The Bank of England has launched its first system-wide liquidity ‘stress test’ to establis..
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Royal Mail’s largest union to resume vote on deal with postal company on June 22
(Reuters) – The largest union of UK’s Royal Mail will resume voting on an agreement reached with the British postal firm ..
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Stocks rally stalls, eyes Powell testimony for rate clues
By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares drifted on Monday, consolidating gains after hitting a 14-mon..
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Biman Bangladesh to buy 10 Airbus jets, breaking Boeing reliance – minister
DHAKA/PARIS (Reuters) – State-owned carrier Biman Bangladesh Airlines has decided to purchase 10 planes from Airbus, in a shift ..
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AstraZeneca planning China business spin off -FT
(Reuters) – Drugmaker AstraZeneca is drafting a plan to spin off its China business, and listing a separate unit in Hong Kong is..
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ECB risks losing sight of ‘greedflation’ with laser-focus on wages
FRANKFURT (Reuters) -The European Central Bank risks losing sight of corporate profits as a driver of inflation – or “gree..
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Oil slides more than $1 on China growth uncertainties
TOKYO (Reuters) -Global oil prices fell more than $1 on Monday, backing off last week’s gains, as questions over China’s e..
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Dollar drifts as traders weigh rate path; yen fragile
SINGAPORE (Reuters) – The U.S. dollar was tentative on Monday as investors tried to assess the monetary policy path ahead after ..
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JLR taps Everstream Analytics’ AI to dodge supply chain problems
By Nick Carey LONDON (Reuters) – JLR said on Monday it has partnered with supply chain mapping and risk analytics firm Everstre..
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British supermarket Morrisons cuts prices of nearly 50 products
LONDON (Reuters) – British supermarket Morrisons said on Monday it was cutting the prices of 47 products by an average of over ..
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France’s Macron vows to boost sustainable aviation fuel production
PARIS (Reuters) – France will invest 200 million euros ($218.78 million) to boost the production of sustainable aviation fuels (..
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Self-driving truck company Einride expands into Norway
By Johannes Birkebaek COPENHAGEN (Reuters) – Swedish electric self-driving truck company Einride expects to reduce CO2 emission..
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Euro zone May inflation confirmed at 6.1% yr/yr, core eases
BRUSSELS (Reuters) – Euro zone consumer inflation sharply decelerated in May, the European Union’s statistics office confi..
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Intel facility is largest greenfield investment in Poland, PM says
WARSAW (Reuters) – Polish Prime Minister says Intel’s new semiconductor assembly and test facility near Wroclaw, western P..
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Travis Perkins warns on profit in sign of UK housing market difficulty
LONDON (Reuters) -Travis Perkins, Britain’s biggest supplier of building materials, warned profit would be hit by difficulties i..
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Rheinmetall expects German ammunition order worth billions soon -CEO
By Sabine Siebold BRUSSELS (Reuters) -Rheinmetall expects to strike an ammunition deal worth billions of euros with the German govern..
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Britain’s ITV considers possible deal to buy All3Media
By Amy-Jo Crowley and Paul Sandle LONDON (Reuters) – Britain’s ITV is “actively exploring the possible acquisition&..
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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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Virgin Galactic plans first commercial space service for June; shares take off
(Reuters) -Virgin Galactic Holdings, the space tourism firm founded by Richard Branson, said on Thursday its long-awaited commercial s..
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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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Stoltenberg leaves open prospect of staying on as NATO leader
By Andrew Gray BRUSSELS (Reuters) – NATO chief Jens Stoltenberg on Thursday left open the prospect that his term may be extende..
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Britain’s National Grid expects to meet electricity demand this winter
By Marwa Rashad LONDON (Reuters) -Britain’s National Grid expects to have enough capacity to meet demand for electricity this w..
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Uber to cease food delivery in Italy, exit Israel
AMSTERDAM (Reuters) – Uber said on Thursday it will shut its food delivery business in Italy and exit Israel, where it has not ..
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UK’s FTSE 100 dips on scope of tighter monetary policy; Informa jumps
(Reuters) -UK’s benchmark FTSE 100 dipped on Thursday, dragged down by miners’ stocks amid prospects of global monetary po..
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Analysis-Spasms in UK mortgage market spell pain for homeowners, economy
By Andy Bruce and Sinead Cruise LONDON (Reuters) – Bedlam in Britain’s 1.5 trillion-pound ($1.9 trillion) mortgage market..
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Bain Capital makes $3.2 billion offer for SoftwareOne, board says it’s too low
ZURICH (Reuters) – Bain Capital Private Equity has made an offer for SoftwareOne which values the Swiss software management com..
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Hugo Boss shrugs off weaker U.S. sentiment
By Linda Pasquini (Reuters) -German fashion house Hugo Boss on Thursday raised its 2025 sales target, betting on strong demand across..
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HSBC, StanChart face pressure from Hong Kong to take on crypto clients – FT
(Reuters) -HSBC and Standard Chartered are among lenders facing pressure from Hong Kong’s banking regulator to take on crypto e..
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Unilever to scoop up frozen yogurt brand Yasso
(Reuters) – Unilever said on Wednesday it is set to acquire frozen yogurt brand Yasso Holdings in North America, adding to its ..
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Binance has not sold either bitcoin or Binance Coin, CEO says
(Reuters) -Cryptocurrency exchange Binance has not sold either bitcoin or Binance Coin, its native token, the company’s CEO Cha..
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OMV Petrom makes largest crude oil discovery in decades
BUCHAREST (Reuters) -Romanian oil and gas group OMV Petrom, majority-controlled by Austria’s OMV, said on Tuesday it discovered ..
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Manchester United shares climb on speculations over takeover bid
(Reuters) -Manchester United’s shares were up 15% in premarket trading on Tuesday after a report hinted that Qatar’s Sheik..
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Britain’s COVID inquiry launches with pledge to put bereaved at its heart
LONDON (Reuters) – The chair of Britain’s COVID-19 inquiry pledged to put the bereaved and those who suffered at the hear..
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UK supermarket Asda freezes prices of 500 products
LONDON (Reuters) -Asda, Britain’s third largest supermarket group, has frozen the prices of over 500 products until the end of ..
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NATO to set up liaison office in Tokyo, strengthen links in region – Nikkei
TOKYO (Reuters) – NATO will set up a liaison office in Tokyo in 2024 and use it as a hub for cooperation with South Korea, Aust..
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BlackRock fund targets greening of materials sector
By Clara Denina and Simon Jessop LONDON (Reuters) – BlackRock on Tuesday launched the “Brown to Green Materials Fund̶..
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