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Meta fined $1.3 billion over data transfers to US – WSJ

Meta fined $1.3 billion over data transfers to US – WSJ

(Reuters) – Facebook owner Meta Platforms Inc has been fined $1.3 billion by ..

Britain chips away at NatWest stake with $1.6 billion share sale

Britain chips away at NatWest stake with $1.6 billion share sale

By Iain Withers and Amy-Jo Crowley LONDON (Reuters) -British state-backed bank NatW..

Explainer-How Wall Street is preparing for possible US debt default

Explainer-How Wall Street is preparing for possible US debt default

By Davide Barbuscia and Pete Schroeder NEW YORK/WASHINGTON (Reuters) – As tal..

Markets edgy as US debt ceiling talks near crunch time

Markets edgy as US debt ceiling talks near crunch time

By Stella Qiu SYDNEY (Reuters) – Asian stocks and Wall Street futures struggl..

Oil slips as U.S. debt caution offset supply concerns

Oil slips as U.S. debt caution offset supply concerns

By Florence Tan SINGAPORE (Reuters) -Oil prices slipped on Monday as caution around..

Does your child ride an e-scooter? An illegal ride could cost your teen their future driving licence

Does your child ride an e-scooter? An illegal ride could cost your teen their future driving licence

By Tihana Drumev, Senior DPR Exec, BraveBison    Many of us are w..

Dollar weakens after gains all week; debt deal hopes boost market sentiment

Dollar weakens after gains all week; debt deal hopes boost market sentiment

By Amanda Cooper and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The..

Wall Street gains, Treasury yields rise as debt ceiling talks progress

Wall Street gains, Treasury yields rise as debt ceiling talks progress

NEW YORK (Reuters) – U.S. stocks were tentatively higher on Friday and benc..

Energy costs for most British households to fall 18% from July -Cornwall Insight

Energy costs for most British households to fall 18% from July -Cornwall Insight

LONDON (Reuters) – Energy costs for most British households are expected to fa..

ECB needs to keep interest rates ‘sustainably high’ to combat inflation – Lagarde

ECB needs to keep interest rates ‘sustainably high’ to combat inflation – Lagarde

MADRID (Reuters) – The European Central Bank needs to keep interest rates high..

Oil rebounds on fading risk of U.S. debt default

Oil rebounds on fading risk of U.S. debt default

By Noah Browning LONDON (Reuters) -Oil prices rebounded on Friday from losses of mo..

Siemens Energy close to selling stake in Windar Renovables – source

Siemens Energy close to selling stake in Windar Renovables – source

(Reuters) – Siemens Energy is close to striking a deal to sell Siemens Gamesa..

Stocks reach one-month high on U.S. debt ceiling hopes

Stocks reach one-month high on U.S. debt ceiling hopes

LONDON, SINGAPORE (Reuters) -Global shares rose to a one-month high and the dollar t..

Allianz Trade Secures Seventh Consecutive Win as Best Trade Credit Insurance Company Asia Pacific at the 2023 Global Banking & Finance Awards®

Allianz Trade Secures Seventh Consecutive Win as Best Trade Credit Insurance Company Asia Pacific at the 2023 Global Banking & Finance Awards®

Allianz Trade cements its leadership in Trade Credit Insurance, clinching top honor..

UK’s Nationwide to pay 340 million pounds to customers after profit leap

UK’s Nationwide to pay 340 million pounds to customers after profit leap

LONDON (Reuters) -British lender Nationwide will pay its customers 340 million pound..

Japan’s inflation stays above BOJ’s target, key gauge hits four-decade high

Japan’s inflation stays above BOJ’s target, key gauge hits four-decade high

By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Japan’s core consumer infl..

Wall Street gains, dollar climbs on solid data, debt ceiling progress

Wall Street gains, dollar climbs on solid data, debt ceiling progress

By Stephen Culp NEW YORK (Reuters) -Wall Street turned higher and the dollar reache..

Ripple buys crypto custody firm Metaco for $250 million

Ripple buys crypto custody firm Metaco for $250 million

(This May 17 story has been corrected to clarify that the token is called XRP, not R..

Burberry shares drop as weak US demand overshadows China rebound

Burberry shares drop as weak US demand overshadows China rebound

LONDON (Reuters) -British luxury fashion brand Burberry on Thursday reported stronge..

Aston Martin stock soars after $295 million on Geely investment

Aston Martin stock soars after $295 million on Geely investment

(Reuters) -Aston Martin’s stock popped nearly 22% on Thursday, after the luxu..

Japanese businesses pledge UK investment ahead of Sunak meeting

Japanese businesses pledge UK investment ahead of Sunak meeting

LONDON (Reuters) – Japanese businesses have committed to invest almost 18 bil..

Australia’s push for faster EV uptake will be slow to charge

Australia’s push for faster EV uptake will be slow to charge

(This May 17 story has been corrected to say the rollout of chargers started small ..

Credit Suisse bond wipe-out will not trigger credit insurance payout

Credit Suisse bond wipe-out will not trigger credit insurance payout

By Chiara Elisei LONDON (Reuters) -Holders of credit insurance linked to Credit Sui..

Southern Europe braces for climate change-fuelled summer of drought

Southern Europe braces for climate change-fuelled summer of drought

By Kate Abnett BRUSSELS (Reuters) -Southern Europe is bracing for a summer of feroc..

UK has held productive discussions with EU over car tariffs – minister

UK has held productive discussions with EU over car tariffs – minister

LONDON (Reuters) – Britain has had productive discussions with the European Un..

Mitchells & Butlers pub group says costs start to ease

Mitchells & Butlers pub group says costs start to ease

By Radhika Anilkumar (Reuters) -British pub and restaurant group Mitchells & Bu..

Low unemployment amongst young driving demand, says JD Sports boss

Low unemployment amongst young driving demand, says JD Sports boss

LONDON (Reuters) – Historically low unemployment for the young is driving dema..

European shares weighed by US debt ceiling concerns, slide in financials

European shares weighed by US debt ceiling concerns, slide in financials

(Reuters) – European shares slipped on Wednesday as concerns about whether the..

Blackstone, Thomson Reuters consortium sells $3.4 billion LSEG shares at discount

Blackstone, Thomson Reuters consortium sells $3.4 billion LSEG shares at discount

(Reuters) -An investor consortium including U.S. buyout firm Blackstone and Thomson ..

Experian sees annual revenue growth on steady demand

Experian sees annual revenue growth on steady demand

(Reuters) – British credit data firm Experian Plc said on Wednesday it expects..

Analysis-Southern Europe braces for climate change-fuelled summer of drought

Analysis-Southern Europe braces for climate change-fuelled summer of drought

By Kate Abnett BRUSSELS (Reuters) – Southern Europe is bracing for a summer o..

Asian shares tentative, US debt ceiling talks weigh on risk appetite

Asian shares tentative, US debt ceiling talks weigh on risk appetite

By Ankur Banerjee SINGAPORE (Reuters) – Asian shares were subdued on Wednesda..

German economic growth to remain muted in near term – IMF

German economic growth to remain muted in near term – IMF

BERLIN (Reuters) -The German economy has shown resilience over the last year thanks..

EU raw material targets need money and faster permits, sector chief says

EU raw material targets need money and faster permits, sector chief says

By Philip Blenkinsop BRUSSELS (Reuters) – The European Union will only meet a..

Macquarie raising hurdles to CDP joining KKR bid for Telecom Italia grid, sources say

Macquarie raising hurdles to CDP joining KKR bid for Telecom Italia grid, sources say

By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) -Australian fund Macquarie is ..

France to host pro-nuclear meet to push for EU recognition of climate benefits

France to host pro-nuclear meet to push for EU recognition of climate benefits

By Kate Abnett and America Hernandez BRUSSELS (Reuters) -France will host a meeting..

Platinum facing biggest deficit in years as carmakers snap up metal

Platinum facing biggest deficit in years as carmakers snap up metal

LONDON (Reuters) – Rising demand from automakers, industry and investors will..