Bank finance for cleaner energy grows, but still lags fossil fuels – report
LONDON (Reuters) -Banks gave 81 cents in financing support to low carbon energy supply for every dollar they provided to fossil fuels ..
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Wall St indexes mixed, Treasury yields tick up as higher rates loom
By Lawrence Delevingne and Samuel Indyk (Reuters) – Wall Street indexes and global equities were mixed on Tuesday and bonds wrap..
Finance
At the home of Zara, fast and slow fashion collide
By Corina Pons and Virginia Furness A CORUNA, Spain/LONDON (Reuters) – In Spain’s A Coruna, two contrasting fashion busine..
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Adecco sees signs of a hiring slowdown at start of 2023
By John Revill ZURICH (Reuters) -Adecco said its hiring activity had weakened modestly at the start of 2023 after the staffing company..
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Germany home prices to sink nearly 6% this year – Reuters Poll
By Indradip Ghosh BENGALURU (Reuters) – Home prices in Germany will fall more sharply this year and next than previously thought..
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Japan’s factory output posts biggest fall in 8 months on weak autos, chips sectors
By Kantaro Komiya TOKYO (Reuters) – Japan’s factory output shrank at the fastest pace in eight months in January as declin..
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TD, other banks reach $1.35 billion settlements to end Stanford litigation
By Jonathan Stempel (Reuters) -Three banks agreed to pay $1.35 billion to resolve litigation by former Allen Stanford investors who ac..
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Snowboarding-British teenager Brookes becomes the youngest world champion
(Reuters) – Britain’s Mia Brookes outclassed Olympic gold medallist Zoi Sadowski-Synnott to become the youngest snowboardi..
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Essar creates new unit to drive $3.6 billion low-carbon plan in UK, India
By Nidhi Verma NEW DELHI (Reuters) – India’s Essar Group said on Monday it has created a new entity that will control its ..
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SoftBank, Ant seek to sell Paytm stake via open market – ET
(Reuters) -China’s Ant Group and Japan’s SoftBank Group Corp are seeking to sell their stakes in Indian digital payments f..
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Nokia changes iconic logo to signal strategy shift
By Supantha Mukherjee BARCELONA (Reuters) – Nokia announced plans on Sunday to change its brand identity for the first time in n..
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Satellite group SES expects further sales growth in 2023
(Reuters) -Satellite firm SES on Monday forecast further revenue growth in 2023 supported by the commercial launch of a key satellites..
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Dollar gains as higher-for-longer U.S. rate views drive currency markets
By Ankur Banerjee SINGAPORE (Reuters) – The dollar held firm near a seven-week peak on Monday, after a slew of strong U.S. econo..
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Cisco works with Mercedes-Benz to create mobile office
By Supantha Mukherjee BARCELONA (Reuters) – Cisco is working with Mercedes Benz to add its Webex conferencing tools to the dashb..
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Big Tech ‘fair share’ debate set to dominate Barcelona mobile meet
By Supantha Mukherjee, Martin Coulter and Joan Faus BARCELONA (Reuters) -A clash between Big Tech and European Union telecoms firms ov..
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South Korea’s BTS member j-hope begins process to join military
By Hyonhee Shin SEOUL (Reuters) -A second member of Korea’s BTS – the first K-pop band nominated for a Grammy – has ..
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Airbus, Qantas close to first joint sustainable aviation fuel investment
By Jamie Freed MELBOURNE (Reuters) – Airbus SE and Qantas Airways Ltd plan to announce the first investment from a $200 million ..
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SpaceX set to launch next International Space Station crew for NASA
By Joe Skipper and Steve Gorman CAPE CANAVERAL, Fla. (Reuters) – Elon Musk’s rocket company SpaceX was set to launch early..
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Flu experts gather with H5N1 risk on the agenda
By Jennifer Rigby LONDON (Reuters) – The world’s leading experts on influenza met this week to discuss the threat posed to..
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German GDP contracted by 0.4% in the fourth quarter
BERLIN (Reuters) -The German economy contracted at the end of the year, as inflation and the energy crisis took their toll on househol..
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Oil gains as Russian supply cuts temper concerns over rate hikes, high stocks
By Andrew Hayley BEIJING (Reuters) -Oil prices extended gains for a second session on Friday as the prospect of lower exports from Rus..
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IAG agrees to buy 80% stake in Air Europa for 400 million euros
By Charlie Devereux MADRID (Reuters) -Iberia-owner International Airlines Group has agreed to pay 400 million euros ($423.84 million) ..
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Netflix cuts prices in some countries to boost subscriptions, shares drop
(Reuters) -Netflix Inc said on Thursday it has cut prices of its subscription plans in some countries as the streaming giant looks to ..
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Soft, Hard or No-landing
By Rupert Thompson, Chief Economist at Kingswood Last week was a busy one on the data front. But while government bond ..
Business
Teradata appoints Jose Garces as GTM Vice President of North-South Europe
Garces transfers from GEO VP role in LATAM to lead continued EMEA expansion Teradata (NYSE: TDC) today announced that Jose Garc..
Business
AI-created images lose U.S. copyrights in test for new technology
By Blake Brittain (Reuters) -Images in a graphic novel that were created using the artificial-intelligence system Midjourney should no..
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Hikma accuses Amarin of suppressing generic versions of heart pill
By Brendan Pierson (Reuters) – Generic drugmaker Hikma Pharmaceuticals USA Inc has sued Amarin Pharma Inc, accusing it of using ..
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ITA Airways averts strike after wage increase accord with unions
ROME (Reuters) – Italian carrier ITA Airways reached a wage accord with unions on Wednesday, averting the threat of the first st..
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UK economy’s unexpected bounce spurs more BoE rate hike talk
By Andy Bruce LONDON (Reuters) -Britain looks on course to sidestep a long recession after a survey showed a surprise return to growth..
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Cricket-England’s absence robs WTC final of ‘Bazball’ buzz
By Amlan Chakraborty NEW DELHI (Reuters) – This year’s World Test Championship (WTC) final will again be a party without h..
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Jaguar Land Rover opens three European self-driving tech hubs
By Nick Carey LONDON (Reuters) – Luxury carmaker Jaguar Land Rover said on Tuesday it is opening three new engineering hubs in E..
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Post-Brexit insurance reform clear before December, says BoE’s Woods
By Huw Jones LONDON (Reuters) -The Bank of England sought on Monday to allay fears among insurers that it was dragging its feet over a..
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Britain facing tomatoes shortage after overseas harvests disrupted
LONDON (Reuters) – Britons are facing a shortage of tomatoes after supermarket supplies, including at market leader Tesco and No..
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Pemberton announces it has raised US$1bn for its Working Capital Finance strategy
Pemberton, a leading alternative credit specialist, has raised US$1bn for its Working Capital Finance (WCF) strategy. The WCF..
Finance
Dollar edges down from six-week peak, Swedish crown jumps
By Samuel Indyk LONDON (Reuters) – The dollar edged lower on Monday but kept close to Friday’s six-week high, after a flur..
Finance
Britain’s post-Brexit asset management revamp eyes liquidity, tokenisation
By Huw Jones LONDON (Reuters) -Britain set out plans on Monday for a post-Brexit review of its rules for the 11 trillion pound ($13.2 ..
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Shares steady, dollar dips as US holiday lifts rates gloom
By Amanda Cooper LONDON (Reuters) -Global shares inched up on Monday as a U.S. holiday tempered volatility ahead of minutes of the lat..
Finance