News

Fed in spotlight with US focus on stability, First Republic

Fed in spotlight with US focus on stability, First Republic

By Nupur Anand, Andrea Shalal and Balazs Koranyi (Reuters) – U.S. authorities ..

Stellantis to invest 130 million euros in German plant for new Opel electric car

Stellantis to invest 130 million euros in German plant for new Opel electric car

MILAN (Reuters) – Carmaker Stellantis said on Wednesday it would invest 130 mi..

Crop merchant Louis Dreyfus gets profit boost in volatile year

Crop merchant Louis Dreyfus gets profit boost in volatile year

By Gus Trompiz PARIS (Reuters) -Louis Dreyfus Company (LDC) on Wednesday reported a ..

Banking turmoil will not have knock-on effect on commodities -Trafigura CFO

Banking turmoil will not have knock-on effect on commodities -Trafigura CFO

By Julia Payne LAUSANNE, Switzerland (Reuters) -The recent rout in bank shares will ..

Britain’s Superdry sells Asia Pacific IP for $50 million

Britain’s Superdry sells Asia Pacific IP for $50 million

LONDON (Reuters) – Struggling British fashion brand Superdry has sold its inte..

UK inflation rate unexpectedly rises to 10.4% in February

UK inflation rate unexpectedly rises to 10.4% in February

By William Schomberg and David Milliken LONDON (Reuters) – British inflation u..

Syngenta 4Q profit falls as raw material prices increase

Syngenta 4Q profit falls as raw material prices increase

ZURICH (Reuters) – Swiss agrichemicals and seeds group Syngenta on Wednesday r..

Jittery markets attempt risk-on rally while waiting for Powell

Jittery markets attempt risk-on rally while waiting for Powell

A look at the day ahead in European and global markets from Ankur Banerjee With abou..

India resists calls for more air access in drive to be global aviation force

India resists calls for more air access in drive to be global aviation force

By Aditi Shah and Tim Hepher NEW DELHI (Reuters) -India dampened foreign airline hop..

UK employers see slight fall in pay awards over 2023 – XpertHR

UK employers see slight fall in pay awards over 2023 – XpertHR

By Suban Abdulla LONDON (Reuters) – British employers expect pay settlements o..

Departing Intel exec to focus on loosening Nvidia’s grip on AI for movies, games

Departing Intel exec to focus on loosening Nvidia’s grip on AI for movies, games

By Stephen Nellis (Reuters) -Raja Koduri, the chief architect at Intel Corp, is leav..

Some Credit Suisse AT1 bondholders seek legal advice -law firms

Some Credit Suisse AT1 bondholders seek legal advice -law firms

By Laura Matthews and Chiara Elisei (Reuters) -Law firm Pallas Partners and a Swiss ..

Britain announces 205 million pound auction for renewable power projects

Britain announces 205 million pound auction for renewable power projects

LONDON (Reuters) – Britain’s next auction round to spur renewable power projec..

French inflation revised upwards in February to 7.3% – final figures

French inflation revised upwards in February to 7.3% – final figures

PARIS (Reuters) – French annual inflation rose to a revised 7.3% in February f..

Publisher Bloomsbury casts upbeat forecast, says books ‘affordable pastime’

Publisher Bloomsbury casts upbeat forecast, says books ‘affordable pastime’

(Reuters) -Bloomsbury Publishing Plc forecast full-year profit to be well ahead of e..

Burberry appoints McLaren’s Kate Ferry as CFO

Burberry appoints McLaren’s Kate Ferry as CFO

LONDON (Reuters) – British luxury brand Burberry said on Wednesday it had appo..

Crown Agents Bank owner explores sale of British payments group –sources

Crown Agents Bank owner explores sale of British payments group –sources

By Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON (Reuters) – Helios Investmen..

Oil prices rebound after OPEC upgrades China demand outlook

Oil prices rebound after OPEC upgrades China demand outlook

By Yuka Obayashi and Florence Tan TOKYO (Reuters) – Oil prices rebounded more ..

Asian shares gain as fears about rapid Fed hikes, bank crisis fade

Asian shares gain as fears about rapid Fed hikes, bank crisis fade

By Ankur Banerjee SINGAPORE (Reuters) – Asian equities rose sharply on Wednesd..

KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT

KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT

(Reuters) – KPMG’s U.S. boss, Paul Knopp, said the accounting firm stood..

NatWest limits customers’ crypto transfers, citing scam concerns

NatWest limits customers’ crypto transfers, citing scam concerns

By Elizabeth Howcroft LONDON (Reuters) – Britain’s NatWest has imposed n..

MFE offers to buy 1.05% stake in Mediaset Espana from Vivendi ahead of delisting

MFE offers to buy 1.05% stake in Mediaset Espana from Vivendi ahead of delisting

(Reuters) – MFE-Mediaforeurope said on Tuesday it agreed with Vivendi to buy a..

ING toughens oil and gas policy to include trade finance, midstream

ING toughens oil and gas policy to include trade finance, midstream

By Virginia Furness LONDON (Reuters) – Dutch lender ING on Tuesday said it had..

Sainsbury’s pays $524 million for full ownership of store investment vehicles

Sainsbury’s pays $524 million for full ownership of store investment vehicles

LONDON (Reuters) -British supermarket Sainsbury’s said on Tuesday it would tak..

Fraport sees 2023 passenger traffic at 80-90% of pre-pandemic levels

Fraport sees 2023 passenger traffic at 80-90% of pre-pandemic levels

(Reuters) – Frankfurt Airport operator Fraport on Tuesday said it expected pas..

Tennis-Panic attack ends Tsurenko’s Indian wells, as Raducanu marches on

Tennis-Panic attack ends Tsurenko’s Indian wells, as Raducanu marches on

(Reuters) -Emma Raducanu scored her biggest win since a run to the U.S. Open title b..

Australia’s nuclear submarine plan to cost up to $245 billion by 2055 -defence official

Australia’s nuclear submarine plan to cost up to $245 billion by 2055 -defence official

By Lewis Jackson CANBERRA (Reuters) -Australia’s nuclear-powered submarine pro..

British EV startup Arrival gets $300 million funding, aims to slow cash-burn

British EV startup Arrival gets $300 million funding, aims to slow cash-burn

(Reuters) -Electric-vehicle (EV) startup Arrival on Monday got a $300 million equity..

UniCredit shareholders urged to reject CEO Orcel’s pay rise

UniCredit shareholders urged to reject CEO Orcel’s pay rise

By Valentina Za MILAN (Reuters) – Leading governance adviser Institutional Sha..

Meta to wind down NFTs on platforms amid crypto bust

Meta to wind down NFTs on platforms amid crypto bust

(Reuters) -Meta Platforms Inc is cutting off support for digital collectibles or non..

Swiss regulator monitoring banks and insurers after SVB collapse

Swiss regulator monitoring banks and insurers after SVB collapse

ZURICH (Reuters) – Swiss financial regulator FINMA on Monday said it was seeki..

UK gives BBC World Service 20 million pounds to support English language broadcasting

UK gives BBC World Service 20 million pounds to support English language broadcasting

LONDON (Reuters) – Britain said on Monday it had awarded a one-off payment of ..

Britain toughens up diversity targets for UK companies

Britain toughens up diversity targets for UK companies

By Huw Jones LONDON (Reuters) – Britain’s top listed and private compani..

The pound, gilts and stocks: likely winners and losers from UK budget

The pound, gilts and stocks: likely winners and losers from UK budget

By Lucy Raitano, Samuel Indyk and Joice Alves LONDON (Reuters) – Britain’..

HSBC acquires British arm of stricken Silicon Valley Bank

HSBC acquires British arm of stricken Silicon Valley Bank

By Iain Withers LONDON (Reuters) -HSBC said on Monday it is acquiring the UK subsidi..

Novartis launches new $11 billion share buyback

Novartis launches new $11 billion share buyback

ZURICH (Reuters) -Novartis has formally launched its new share buyback programme whe..

Mobile games developer Huuuge says has $24.2 million at SVB

Mobile games developer Huuuge says has $24.2 million at SVB

(Reuters) – Mobile games developer Huuuge Inc said late on Saturday about 10% ..