UK inflation fall paves way for BoE rate cuts later in 2024
By Andy Bruce and Suban Abdulla LONDON (Reuters) -British inflation cooled in February by slightly more than economists and the Bank ..
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Glencore aims to cut industrial assets’ carbon emissions by one-fourth by 2030
(Reuters) – Glencore said Wednesday it aims to lower carbon dioxide equivalent emissions for its industrial assets by 25% by the..
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Stellantis buys stake in optical radar start-up SteerLight
PARIS (Reuters) – European carmaker Stellantis announced on Wednesday that it was acquiring a stake in optical radar start-up St..
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UK’s Labour opens door for more investment borrowing
By William James LONDON (Reuters) -Britain’s opposition Labour Party set out the fiscal rules it would use if it wins the next ..
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California, Stellantis strike vehicle emissions deal
By David Shepardson WASHINGTON (Reuters) – Chrysler parent Stellantis and the state of California reached an agreement on emiss..
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Meta offers to almost halve Facebook, Instagram monthly fees amid concerns
By Foo Yun Chee BRUSSELS (Reuters) -Meta Platforms has offered to almost halve its monthly subscription fee for Facebook and Instagra..
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AstraZeneca bets on new cancer treatments with $2 billion Fusion Pharma purchase
(Reuters) -AstraZeneca said on Tuesday it will buy clinical-stage biopharmaceutical company Fusion Pharmaceuticals Inc for about $2 bi..
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Cryptoverse: AI tokens outpace record-breaking bitcoin
(Reuters) – The artificial intelligence boom has hit the crypto market with a bang. Coins linked to AI-focused crypto projects h..
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European patent applications hit record high in 2023
(Reuters) – The European Patent Office (EPA) received a record number of patent applications last year, with the biggest share o..
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UK royal Kate shown in first video since surgery, Sun says
LONDON (Reuters) – Kate, Britain’s Princess of Wales, has been shown looking fit and healthy in the first video taken of h..
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World shares cheer China data, as central banks line up
NEW YORK/LONDON (Reuters) -Global stocks rose on Monday while Treasury yields crept higher ahead of this week’s raft of central ..
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Dirty gold can still slip into London market, rights groups say
LONDON (Reuters) – The London Bullion Market Association (LBMA), which sets standards for the world’s most established gold ma..
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World shares cheer China data, as central banks line up
NEW YORK/LONDON (Reuters) – Global stocks jumped on Monday while Treasury yields crept higher as investors looked ahead to a raf..
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AstraZeneca follows rival Boehringer in capping out-of-pocket costs for inhalers
(Reuters) – Drugmaker AstraZeneca said on Monday it would cap out-of-pocket costs for its inhaled respiratory products at $35 pe..
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New Banksy mural depicting tree foliage appears in north London
LONDON (Reuters) – A new artwork by British street artist Banksy has appeared in London, using green paint sprayed across the si..
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Stock rally pauses as US inflation douses rate cut hopes
By Naomi Rovnick and Kevin Buckland LONDON TOKYO, LONDON (Reuters) – Global stocks were set to end the week on a tepid note, fo..
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Vonovia shares drop as $7 billion loss lays bare German property crisis
FRANKFURT (Reuters) -Shares in Vonovia dropped 6% on Friday after Germany’s largest landlord reported its biggest loss ever for ..
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Nissan and Honda consider partnership on EVs, AI
TOKYO (Reuters) -Nissan Motor and Honda Motor are considering a strategic partnership to collaborate on producing key components for e..
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Shell weakens climate targets with growing bet on gas
LONDON (Reuters) – Shell weakened a 2030 carbon reduction target and scrapped a “perilous” 2035 objective, citing ex..
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Oil prices rise as revised IEA forecasts suggest tighter market
HOUSTON (Reuters) -Oil prices rose on Thursday as the International Energy Agency’s predicted a tighter market in 2024 and rai..
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Dollar ticks up before US data, bitcoin hits record high
By Harry Robertson LONDON (Reuters) -The dollar inched higher on Thursday as investors waited for U.S. economic data, while bitcoin r..
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Bank of England to start cutting in Q3 but strong chance of Q2 move: Reuters poll
LONDON (Reuters) – The Bank of England will start cutting borrowing costs in the third quarter although 40% of economists saw an..
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Rheinmetall hails ‘new decade’ as defence spending drives up sales
By Rachel More BERLIN (Reuters) -German arms manufacturer Rheinmetall said on Thursday it expected record sales and increased profita..
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UBS’s rescue of Credit Suisse has created new risks for Switzerland, OECD says
ZURICH (Reuters) – UBS’s rescue takeover of Credit Suisse a year ago has created “new risks and challenges” fo..
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EU parliament to extend new medicine data protection to 7.5 years, document says
BRUSSELS (Reuters) – EU lawmakers have gone part of the way to meeting pharmaceutical industry concerns about the exclusivity pe..
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Stocks flat, US yields edge higher ahead of data
NEW YORK (Reuters) – A gauge of global stocks was little changed on Wednesday, pausing after equities in Europe and the U.S. hit..
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Exclusive-Olympics-Paris has a lot to gain from hosting the Games, says mayor
PARIS (Reuters) – The 2024 Olympics have allowed Paris and its region to speed up plans to extend their public transport network..
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Europe one step away from landmark AI rules after lawmakers’ vote
By Foo Yun Chee STRASBOURG (Reuters) -Europe moved closer to adopting the world’s first artificial intelligence rules on Wednes..
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Adidas posts first loss in 30 years but sticks to dividend
By Helen Reid HERZOGENAURACH, Germany (Reuters) – German sportswear giant Adidas posted its first loss in more than 30 years in..
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UK economy may be turning from headwind into tailwind for sterling
By Harry Robertson LONDON (Reuters) – UK wage data did its best to pull sterling down from a seven-month peak on Tuesday but th..
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Global corporate dividends hit record $1.66 trillion in 2023
By Lucy Raitano LONDON (Reuters) – Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record pay..
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Mango adapts as climate change makes fashion less seasonal
By Corina Pons MADRID (Reuters) – Spanish retailer Mango is honing in on adaptable clothing to help customers adjust to wild sw..
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Arm’s shares rise as Wall Street eyes IPO lock-up expiration
NEW YORK (Reuters) -Shares of Arm Holdings, the British chip designer backed by Softbank Group, gained 2.1% to $129.50 on Tuesday as m..
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Inverted yield curve no longer reliable recession flag, strategists say: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) – A key indicator of an oncoming recession implied by the U.S. bond market is no longer ..
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Explainer-What the EU’s $149 billion boost means for Poland
By Karol Badohal and Jan Strupczewski WARSAW/BRUSSELS (Reuters) – Polish Prime Minister Donald Tusk has secured the release of ..
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Leonardo to boost cybersecurity, space and AI in 5-year plan
By Giulia Segreti ROME (Reuters) -Italy’s Leonardo will invest in digitalisation, artificial intelligence and interconnected pl..
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UK electric vehicle delivery company Packfleet raises $10 million in funding
LONDON (Reuters) – UK package delivery startup Packfleet, which runs an all-electric fleet of vans in London, has raised $10 mil..
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