Novo Nordisk shares down after analysis finds Lilly drug leads to better weight loss
LONDON (Reuters) – Shares in Novo Nordisk, maker of the wildly popular obesity drug Wegovy were down 1.1% on Tuesday after the ..
News
News
Porsche AG reports sharp fall in China deliveries
(Reuters) -German sportscar maker Porsche said on Tuesday that global vehicle deliveries were down 7% in the first half of the year c..
News
UK’s Capita surges about 23% on sale of software business
(Reuters) -Shares in Capita jumped nearly 23% in early trading on Tuesday after the British outsourcing firm agreed to sell its stand..
News
Germany needs $325 billion of power grid investments by 2050, KfW says
FRANKFURT (Reuters) – Germany needs investments of around 300 billion euros ($325 billion) by the middle of the century to equi..
News
Stellantis to expand hybrid vehicle line to meet growing demand
PARIS (Reuters) – Stellantis said on Tuesday it would expand its line of affordable hybrid vehicles to 36 models in Europe by 2..
News
Samsung Electronics wins cutting-edge AI chip order from Japan’s Preferred Networks
SEOUL (Reuters) – Samsung Electronics said on Tuesday it won an order from Japanese artificial intelligence company Preferred N..
News
Dubai’s high-end property sales undented by drop in listings, consultancy says
DUBAI (Reuters) -The number of homes worth $10 million or more that were sold in Dubai held steady in the first half of the year desp..
News
German growth package offers limited boost, say economists
By Maria Martinez and Christian Kraemer BERLIN (Reuters) – Germany’s new economic growth package will fall short of the o..
News
French asset prices swing as investors grapple with election result
By Harry Robertson, Alun John and Dhara Ranasinghe LONDON (Reuters) -French shares and bond prices turned higher in early trading on ..
News
Ocado builds on Aeon partnership with plans for third robotic warehouse
LONDON (Reuters) – British online supermarket and technology group Ocado said on Monday it had boosted its partnership with Jap..
News
Exclusive-NATO will need 35-50 extra brigades under new defence plans, source says
By Sabine Siebold WASHINGTON (Reuters) – NATO will need between 35 and 50 extra brigades to fully realise its new plans to defe..
News
Fewer UK companies plan to increase prices, survey shows
LONDON (Reuters) – Fewer British firms plan to raise their prices in the coming months, according to a survey that will give re..
News
North Sea oil producers urge Labour’s Starmer for tax clarity
By Ron Bousso LONDON (Reuters) – North Sea oil and gas producers urged Britain’s incoming Prime Minister Keir Starmer to ..
News
UniCredit CEO says M&A is a possibility, not a must
ROME (Reuters) – UniCredit is willing to consider M&A opportunities if financial conditions are right, but they are not a m..
News
Chery launches 28,000 euro crossover SUV in Italy as it plans Europe expansion
MILAN (Reuters) – China’s Chery Auto is starting sales in Italy with a petrol version of its Omoda 5 crossover SUV, price..
News
NATO summit to push for standardizing shells
By Sabine Siebold BRUSSELS (Reuters) – NATO is set to issue its first ever defence industrial pledge at its Washington summit o..
News
Oil prices on track for fourth straight week of gains
SINGAPORE (Reuters) – Oil prices were little changed in Asian trade on Friday but were on track for a fourth straight week of g..
News
Bitcoin hits 2-month low on election uncertainty, Mt Gox flows
By Sameer Manekar (Reuters) – Bitcoin slid to a two-month low on Thursday, extending a month-long fall, as uncertainty over U.S..
News
Swiss price regulator puts UBS under observation
ZURICH (Reuters) -Switzerland’s pricing supervisor has put UBS under observation following its takeover of Credit Suisse, the r..
News
Russia swelters in heat wave, Moscow breaks 1917 record for early July
MOSCOW (Reuters) – Russians were braving some of the hottest weather seen in more than a century on Thursday with Moscow breaki..
News
UK’s Barclays to sell German consumer finance business
(Reuters) -Barclays is selling its German consumer finance business to Austrian bank BAWAG Group AG for a small premium to net assets..
News
Ericsson to book $1.1 billion impairment on weaker outlook for Vonage
(Reuters) -Mobile telecoms equipment maker Ericsson said on Wednesday it will record a noncash impairment charge of 11.4 billion Swed..
News
Dollar on defensive after soft data, battered yen under watch
TOKYO (Reuters) – The dollar was on the back foot on Thursday after U.S. economic data continued to point to slowing growth, off..
News
World stocks rise on rate cut bets, yen flounders at 38-year lows
LONDON (Reuters) -Shares around the world rose on Wednesday as comments from Federal Reserve Chair Jerome Powell reinforced expectatio..
News
Sterling set for fifth daily rise ahead of UK election
LONDON (Reuters) – The pound rose on Wednesday, taking advantage of a softening in the dollar and a reading of business activit..
News
Development banks get ratings boost on climate clauses and hybrid bonds
By Marc Jones LONDON (Reuters) – The World Bank and other top development banks got a double boost on Tuesday as Fitch said deb..
News
Oil rises on US crude inventory draw, Mideast tensions
By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices rose on Wednesday after industry data showed a bigger-than-expected draw in U.S. crude..
News
Spain to crack down on holiday rentals to address housing crisis
MADRID (Reuters) – Spain’s government on Wednesday announced a crackdown on short-term and seasonal holiday lettings amid..
News
UK’s Vodafone and Virgin Media agree new network sharing deal
LONDON (Reuters) – Britain’s Vodafone and Virgin Media O2 agreed a new network sharing agreement to extend their existing..
News
Rivian says no plans to produce vehicles with VW after media report on early talks
SAN FRANCISCO (Reuters) -Rivian on Tuesday said it had no plans to produce vehicles with Volkswagen after a media report said the U.S..
News
Spain’s Iberdrola calls for greenwashing rules
By Pietro Lombardi MADRID (Reuters) – Clear rules defining green energy are necessary to tackle misleading or exaggerated clima..
News
Shares flat, US Treasury yields weaken as markets weigh Fed chair comments
NEW YORK (Reuters) -Global stocks were flat while U.S. Treasury yields dipped on Tuesday as markets weighed data showing a continuing ..
News
Factbox-Battles over CEO pay across the globe
(Reuters) -A majority of Salesforce shareholders voted against a compensation plan for CEO Marc Benioff and other top executives, acco..
News
UK’s Sainsbury’s sales up 3%, poor weather dents non-food demand
By James Davey LONDON (Reuters) -Sainsbury’s, Britain’s second-largest supermarket group, reported a 3% rise in first-qua..
News
Sterling dented by one-two punch from dollar and euro
LONDON (Reuters) – The pound neared its lowest in almost two months against a robust dollar on Tuesday, as the U.S. currency got..
News
US Treasury yields boost dollar, Powell speech in focus
(Reuters) -Rising U.S. yields supported the dollar on Tuesday, with low-yielding currencies such as Japan’s yen and China’..
News
Shell to pause Dutch biofuels project as market sags
By Ron Bousso LONDON (Reuters) -Shell will pause construction work at one of Europe’s largest biofuel plants due to weak market..
News