British supermarket Waitrose cuts prices on 200 products
LONDON (Reuters) – British supermarket group Waitrose said on Monday it had reduced the price of more than 200 products as part..
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German media group Axel Springer eyes AI acquisitions
BERLIN (Reuters) – German media giant Axel Springer will establish a dedicated mergers-and-acquisitions team to look at firms sp..
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Two-speed economy in Sweden, central bank business survey shows
STOCKHOLM (Reuters) – Sweden’s economy is split between export and manufacturing businesses which are doing well and retai..
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Tesco reported to competition watchdog by consumer group over pricing concerns
LONDON (Reuters) -Tesco, Britain’s biggest retailer, has been reported to the competition regulator by consumer group Which? ove..
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AstraZeneca signs $2 billion agreement with Quell to develop cell therapies
(Reuters) – AstraZeneca said on Friday it had signed an agreement with Quell Therapeutics potentially worth more than $2 billion..
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Nomura’s India head of investment banking steps down -sources
NEW DELHI/HONG KONG (Reuters) -Nomura Holdings’ India Head of Investment Banking Utpal Oza has stepped down from the firm, sour..
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Dassault Systemes targets doubling of earnings per share by 2028, announces new CEO
(Reuters) -French software provider Dassault Systemes on Friday forecast a doubling of its earnings per share (EPS) by 2028, and anno..
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Japanese investors plan to sue MUFG unit over Credit Suisse bonds – Nikkei
(Reuters) – A group of Japanese investors are planning to file lawsuits against some brokerages based in the country, including..
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Asia shares lifted by Fed pause bets; China real estate retreats
By Kevin Buckland TOKYO (Reuters) – Asia-Pacific equities rose to their highest level since mid-February on Friday, taking cues..
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Analysis-US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice
By Hannah Lang WASHINGTON (Reuters) -Other U.S. crypto exchanges are likely to be in the firing line after the Securities and Exchang..
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FTX U.S. judge expresses doubts about parallel Bahamian bankruptcy
NEW YORK (Reuters) – The judge overseeing FTX’s U.S. bankruptcy said Thursday that he would not defer to a Bahamian court ..
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COP28 president says fossil fuels phasedown is inevitable
BERLIN (Reuters) – The phasedown of fossil fuels is inevitable, the United Arab Emirates’ incoming COP28 president said on..
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CRH shareholders back primary listing switch to New York from London
By Graham Fahy DUBLIN (Reuters) – CRH shareholders on Thursday approved a plan to move the building materials company’s p..
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Meta introduces broadcast tool Channels on WhatsApp
(Reuters) – Meta Platforms on Thursday introduced WhatsApp Channels, a feature that the social media giant said would help make ..
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Kremlin again points to ‘Anglo-Saxons’ over Nord Stream pipeline blasts
MOSCOW (Reuters) -The Kremlin, commenting on a report that the United States had known last year of a Ukrainian plan to attack the No..
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End of ‘Zero Covid’ fails to boost German investment in China – survey
By Sarah Marsh BERLIN (Reuters) – China’s decision to abandon its strict “zero-COVID” policy has not sparked ..
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UK regulator expresses concern over Hitachi-Thales rail signal deal
LONDON (Reuters) – Britain’s competition regulator said Hitachi’s 1.7 billion euro ($1.8 billion) acquisition of Th..
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M&G posts net asset management inflows in Q1
LONDON (Reuters) – M&G recorded 1 billion pounds ($1.25 billion) of net inflows into its wholesale asset management busines..
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Marketmind: O Canada! Markets wary of Fed hawkish surprise
A look at the day ahead in European and global markets from Ankur Banerjee Another day, another surprise hike. After the Reserve Bank..
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UK self-driving car dreams could break down at the starting line
By Nick Carey and Alistair Smout LONDON (Reuters) – Britain could lose out on investments in autonomous vehicles (AVs) and see ..
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World Bank cuts 2024 global growth forecast as rate hikes bite but lifts 2023 outlook
By David Lawder WASHINGTON (Reuters) -The World Bank on Tuesday raised its 2023 global growth outlook as the U.S., China and other ma..
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Oil rises on Saudi plan to deepen output cuts from July
LONDON (Reuters) – Oil prices rose by more than $1 a barrel on Monday after top crude exporter Saudi Arabia pledged to cut produ..
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Richard Teng seen as potential successor to Binance’s Changpeng Zhao -reports
(Reuters) – Richard Teng, Binance’s head of regional markets outside the United States, is seen as the most likely candida..
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Euro zone business growth slowed in May as factories struggled-PMI
LONDON (Reuters) – Euro zone business activity was shored up last month by the bloc’s dominant services industry offsettin..
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Volvo Cars sales up 31% in May
HELSINKI (Reuters) – Sweden-based Volvo Cars on Monday posted a 31% rise in monthly sales figures year-on-year, saying it had so..
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Novo Nordisk in talks buy controlling stake in Biocorp
(Reuters) – Danish drug developer Novo Nordisk said on Monday it had started talks to buy a controlling stake in French medical ..
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UK auto industry body says new car sales rise in May, but below pre-COVID level
(Reuters) – Britain’s new car sales still below pre-pandemic level despite a rise it witnessed in May from a year earlier..
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Barclays Private Bank makes senior appointments in Singapore – statement
SINGAPORE (Reuters) – Barclays Private Bank said on Monday it has made two senior appointments in its Singapore office in a mov..
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Bourse operator ASX takes action for trading software’s operational reliability
(Reuters) – Australia’s bourse operator ASX Ltd said on Monday it had submitted a special report for its Clearing House El..
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Irish domestic economy returns to growth in first quarter
DUBLIN (Reuters) – Ireland’s domestic economy returned to growth in the first three months of the year after a shallow rec..
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Elan Closs Stephens named BBC acting chair
LONDON (Reuters) -Britain on Friday appointed BBC board member Elan Closs Stephens as the public broadcaster’s acting chair, rep..
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Volkswagen brings VW bus back to North American market after 20 years
FRANKFURT (Reuters) – Volkswagen will start selling battery-powered versions of its VW bus in North America from 2024 onwards, t..
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Vodafone faces German probe over suspected obstruction of 1&1
Vodafone faces German probe over suspected obstruction of 1&1
BERLIN (Reuters) -Vodafone and its German subsidiary Vantage Towers are facing an antitrust investigation in Germany over concerns that it may have co..
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World food prices fall to two-year low in May – UN food agency
PARIS (Reuters) -The United Nations food agency’s world price index fell in May to its lowest in two years, as a slump in prices..
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New Tiananmen museum opens in New York ahead of June 4 anniversary
NEW YORK (Reuters) -The hope for a “free China” lives on in a new Manhattan museum dedicated to China’s 1989 suppres..
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U.S. regulation fears drive insurers’ climate alliance break-up
By Tommy Wilkes LONDON (Reuters) -The success of Republicans in triggering the break-up of a coalition of insurance firms aimed at ta..
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Hungary looking for ‘friendly’ co-investor to acquire Budapest Airport
BUDAPEST (Reuters) – Hungary’s government is looking for a “friendly” co-investor to acquire Budapest Airport ..
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