Bank of England says Britain is coping with higher interest rates
By David Milliken, Huw Jones and William Schomberg LONDON (Reuters) -Britain’s economy is so far proving resilient to a surge i..
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Exclusive-SoftBank considering US listing for its PayPay business – sources
By Sam Nussey and Miho Uranaka TOKYO (Reuters) -SoftBank is considering a U.S. listing for its PayPay payments business, three source..
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Oil steadies amid economic concerns, higher U.S. crude stocks
(Reuters) -Oil prices barely moved on Wednesday as markets weighed a possible build in U.S. crude stockpiles and economic concerns aga..
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IBM mulls using its own AI chip in new cloud service to lower costs
SAN FRANCISCO (Reuters) – International Business Machines (IBM) is considering the use of artificial intelligence chips that it ..
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Zara owner boosts sustainability goals as fast-fashion feels the heat
By Corina Pons and Helen Reid MADRID/LONDON (Reuters) -Zara owner Inditex said on Tuesday it will look to recycling and sustainably f..
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LG Chem raising $2 billion in exchangeable bonds
SEOUL (Reuters) – South Korea’s LG Chem Ltd is raising $2 billion in bonds that will exchange for LG Energy Solution Ltd ..
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Stocks rise, dollar retreats ahead of inflation data
By Amanda Cooper LONDON (Reuters) -Global shares rose and the dollar eased on Tuesday ahead of U.S. inflation data that could support..
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Heathrow passenger numbers near pre-pandemic levels in June
LONDON (Reuters) – Heathrow Airport, Britain’s busiest, said 7 million passengers traveled through it last month, putting..
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U.S. says to move forward with transfer of F-16 jets to Turkey
VILNIUS (Reuters) – U.S. President Joe Biden will move forward with the transfer of F-16 fighter jets to Turkey in consultation ..
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Analysis-Japan’s changing views on price hikes open door for BOJ policy tweak
TOKYO (Reuters) – Japanese consumers may finally be shedding their decades-old frugal mindset, spending more on items that retai..
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Food prices squeeze consumers in June, hot weather boosts summer spending: BRC
By Suban Abdulla LONDON (Reuters) – Unusually hot weather boosted sales of sun screen and barbecue food in Britain last month, ..
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Oil rises on OPEC+ cuts, weaker dollar
By Arathy Somasekhar and Sudarshan Varadhan (Reuters) -Oil prices edged higher on Tuesday, recouping some of the losses from the prev..
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Apple opens store on China’s WeChat platform
BEIJING (Reuters) -Tencent’s WeChat said on Tuesday that iPhone maker Apple had opened a store on its social media platform, mar..
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Uniper chief says flexible duration LNG contracts key for Europe
VANCOUVER (Reuters) – Shorter-duration contracts for LNG purchases will be important for Europe’s diversifying supply give..
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Turkey backs Sweden’s NATO entry
(Reuters) – Turkey’s President Tayyip Erdogan agreed Monday to support Sweden’s bid to join NATO, a move that will ..
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L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender
BENGALURU (Reuters) – Engineering and construction major Larsen & Toubro on Monday said it struck an agreement with Spanish..
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Thames Water pulled back from the brink after investors pump in $960 million
Thames Water pulled back from the brink after investors pump in $960 million By Sarah Young LONDON (Reuters) -Thames Water said its in..
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UK health regulator approves GSK’s vaccine for common respiratory virus RSV
(Reuters) -Britain’s health regulator approved GSK’s vaccine for the respiratory syncytial virus (RSV), which causes thou..
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Marketmind: China disinflation a mix of good and bad
Marketmind: China disinflation a mix of good and bad (Reuters) – A look at the day ahead in European and global markets from Way..
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Analysis-Europe faces long wait for weight-loss drugs as governments eye costs
By Ludwig Burger and Andreas Rinke FRANKFURT (Reuters) – Novo Nordisk will start selling its hugely popular obesity drug Wegovy..
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Gucci-owner Kering paid $3.8 billion for French fragrance label Creed – FT
(Reuters) -Gucci-owner Kering paid 3.5 billion euros ($3.83 billion) for acquiring high-end French fragrance label Creed in June, the..
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Innovation in EVs seen denting copper demand growth potential
Innovation in EVs seen denting copper demand growth potential By Mai Nguyen HANOI (Reuters) -New electric vehicles from Tesla and riva..
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Biden arrives in Britain to meet King Charles, PM Sunak
By Michael Holden and Steve Holland LONDON (Reuters) -U.S President Joe Biden arrived in London late on Sunday for the start of a thr..
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Jaguar Land Rover expects Q1 free cash flow of over $500 million
(Reuters) -Jaguar Land Rover (JLR) posted a 30% rise in wholesale volumes for the first quarter on Friday, as chip and other supply c..
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EU and Belgium invest $1.6 billion in chip technology firm Imec
BRUSSELS (Reuters) -The European Union and Belgium’s regional Flemish government will together invest 1.5 billion euros ($1.6 b..
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Amman Mineral makes firm debut in Indonesia’s biggest IPO this year
By Bernadette Christina, Fransiska Nangoy and Yantoultra Ngui JAKARTA/SINGAPORE (Reuters) -Amman Mineral Internasional ended 3.5% hig..
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Continental to phase out activities at Gifhorn plant by end of 2027
Continental to phase out activities at Gifhorn plant by end of 2027 BERLIN (Reuters) -Continental said on Friday it plans to phase out..
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UK house prices post biggest annual drop since 2011: Halifax
By Andy Bruce LONDON (Reuters) -British house prices fell last month in annual terms at the fastest rate in 12 years and soaring inte..
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German economy faces uphill climb as industrial output falls
BERLIN (Reuters) – A swift economic recovery for Germany appeared less likely on Friday as data showed a surprise fall i..
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Telefonica sells controlling stake in Peruvian fibre optic network to KKR
MADRID (Reuters) – Telefonica has sold a 54% stake in its fibre optic network in Peru to U.S. private equity fund KKR and 10% t..
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Nissan will not fill COO position left open by Gupta’s departure
TOKYO (Reuters) – Nissan Motor Co has decided to not fill in the chief operating officer position vacated by Ashwani Gupta under..
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Aston Martin’s shares skid after it drops sales volume target
(Reuters) – British luxury carmaker Aston Martin unnerved investors on Tuesday by leaving out a sales volume target as it stuck ..
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Dollar holds firm ahead of U.S. durable goods, housing data
TOKYO (Reuters) – The U.S. dollar held its ground against major currencies on Tuesday as tension in Russia simmered and traders ..
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Yara postpones clean ammonia IPO after weak valuation
OSLO (Reuters) -Norway’s Yara has postponed a planned initial public offering of its Yara Clean Ammonia (YCA) business by one o..
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Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit
TOKYO (Reuters) – Japan’s Mitsubishi Corp expects no operational problems at the Sakhalin-2 liquefied natural gas (LNG) pr..
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European shares set for worst week in three months, Siemens Energy plunges
(Reuters) -European shares dipped on Friday at the end of a central bank policy-packed week that reinforced views that interest rates ..
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UK consumer morale touches 17-month high despite inflation pain – GfK
LONDON (Reuters) – British consumer sentiment hit its highest level since January 2022 as households turn more optimistic about ..
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