Factbox-Five facts about returning UBS CEO Sergio Ermotti
LONDON (Reuters) – Sergio Ermotti has been rehired as the CEO of Swiss banking..
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Wizz Air loses fight against $67 million in state aid for Romanian rival
By Foo Yun Chee BRUSSELS (Reuters) – European budget carrier Wizz Air on Wedne..
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Britain’s Next sees lower clothing inflation, shares dip on cautious outlook
By James Davey LONDON (Reuters) -British fashion retailer Next reported a better-tha..
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Banking turmoil means recession fears are creeping back
(Reuters) – The failures of U.S. lenders Silicon Valley Bank (SVB) and Signatu..
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Asian stocks rally as bank jitters calm, Alibaba lifts mood
By Ankur Banerjee SINGAPORE (Reuters) – Asian shares surged on Wednesday as ea..
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Ride-hailing app Cabify raises $110 million for expansion in LatAm, Spain
BOGOTA (Reuters) – Spanish ride-hailing app Cabify has raised $110 million in ..
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UK broadcasters to stay prominent on smart TVs and speakers
LONDON (Reuters) – On-demand services from Britain’s BBC, ITV and other ..
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Explainer-What are credit default swaps and why are they causing trouble for Europe’s banks?
By Amanda Cooper LONDON (Reuters) – Turbulence in Europe’s banks followi..
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EU approves law to end sales of new CO2-emitting cars by 2035
BRUSSELS (Reuters) – European Union countries’ energy ministers gave fin..
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Home battery sales in Germany may surge 59% this year -study
FRANKFURT (Reuters) – German sales of batteries to store solar energy at home ..
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UK’s Bellway to buy back shares, hike social housing output
By Aby Jose Koilparambil (Reuters) -UK’s Bellway will build a bigger share of ..
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Stocks rise after bank sale fuels investor risk appetite
By Amanda Cooper LONDON (Reuters) -Global stocks rose and the dollar eased on Tuesda..
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Euro 7 emissions proposals, the sequel Europe’s carmakers don’t want to see
By Christina Amann and Marie Mannes BERLIN/STOCKHOLM (Reuters) – European carm..
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Nvidia shows new research on using AI to improve chip designs
By Stephen Nellis (Reuters) – Nvidia Corp, the world’s leading designer ..
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OneWeb-Eutelsat set for secondary London listing – The Times
(Reuters) – A combined company of London’s OneWeb and French satellite f..
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Amazon loses bid to throw out case by UK drivers seeking worker rights
LONDON (Reuters) -Amazon.com Inc has lost a bid to throw out three sample lawsuits b..
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EU seeks clarification on Italy post-COVID plan, freezes 19 billion euros
By Giuseppe Fonte and Gavin Jones ROME (Reuters) – The European Commission has..
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BoE’s Bailey says rate-setters can put inflation before bank worries
By William Schomberg and Andy Bruce LONDON/MANCHESTER (Reuters) -Bank of England Gov..
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Pay awards to peak at 6% in 2023, finds XpertHR
In the year to the end of December 2023, the median basic pay rise is foreca..
Finance
Almost 5,000 business leaders line up to support UK’s small businesses
Almost 5,000 business leaders from across the UK have enrolled in a nationa..
Business
In renewed push, Spain to tender EU funds for EVs, batteries in July
By Joan Faus BARCELONA (Reuters) – Spain plans to launch two tenders simultane..
Technology
UK oil, gas firms to leave year’s worth of output in ground with tax hikes-report
LONDON (Reuters) – Windfall taxes mean oil and gas producers in the British No..
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UK retailers turn positive on sales hopes after bleak winter
LONDON (Reuters) – British retailers reported their first positive sales expec..
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Li-Cycle to build French battery processing facility
By Ernest Scheyder (Reuters) – Li-Cycle Holdings Corp said on Monday it will b..
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Hungary’s booming wedding market doused by soaring inflation
By Gergely Szakacs and Krisztina Fenyo BUDAPEST (Reuters) – Soaring inflation ..
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Credit Agricole launches China M&A and investment banking business
HONG KONG (Reuters) – Credit Agricole, France’s second-biggest listed ba..
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U.S. mid-tier lenders shares rise in Frankfurt after SVB deal
LONDON (Reuters) – The Frankfurt-listed shares of several mid-tier U.S. lender..
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UK’s competition watchdog to examine EDF buying GE’s nuclear turbine unit
(Reuters) – UK’s anti-trust regulator said on Monday it was looking into..
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In inflation-hit Germany, massive strike over pay to cripple transport
By Klaus Lauer and Tom Sims BERLIN/FRANKFURT (Reuters) – A massive strike in G..
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Marketmind: Banks are leaking money
A look at the day ahead in European and global markets from Wayne Cole It’s be..
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Oil markets steady as investors weigh banking crisis, Russia
By Mohi Narayan and Florence Tan (Reuters) -Oil prices stabilised in Asian trade on ..
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How the 2023 banking crisis unfolded
(Reuters) – Global banks are staring at the biggest crisis since 2008 after tw..
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Dollar outshines euro, sterling amid European bank jitters
By Hannah Lang WASHINGTON (Reuters) – The euro and sterling fell sharply again..
Finance
Amazon, other retailers revamp ‘free’ shipping as costs soar
By Lisa Baertlein LOS ANGELES (Reuters) – There is no such thing as free shipp..
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S&P Global fined 1.1 million euros for premature credit rating publications
By Marc Jones LONDON (Reuters) -The European Union’s securities watchdog has f..
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UK’s J D Wetherspoon returns to profit as supply issues ease
(Reuters) -British pub group J D Wetherspoon Plc on Friday posted a return to half-y..
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Swiss franc grapples with safe-haven identity crisis after Credit Suisse
By Samuel Indyk LONDON (Reuters) – The Swiss franc hasn’t lived up to it..
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