News

Liberty Global takes 5% ‘opportunistic’ stake in Vodafone

Liberty Global takes 5% ‘opportunistic’ stake in Vodafone

By Muvija M and Tiyashi Datta LONDON (Reuters) -U.S.-listed Liberty Global disclosed a near-5% stake in British telecom group Vodafone..

Delivery Hero ramps up interest payments to raise 1 billion euro convertible bond

Delivery Hero ramps up interest payments to raise 1 billion euro convertible bond

By Pablo Mayo Cerqueiro (Reuters) – Germany’s Delivery Hero is offering investors significantly higher interest payments t..

Delivery Hero ramps up interest payments to raise 1 billion euro convertible bond

Delivery Hero ramps up interest payments to raise 1 billion euro convertible bond

By Pablo Mayo Cerqueiro (Reuters) – Germany’s Delivery Hero is offering investors significantly higher interest payments t..

Saipem shares drop, group says cannot explain why

Saipem shares drop, group says cannot explain why

MILAN (Reuters) – Saipem does not have any information explaining Monday’s share movements, a spokesman for the Italian en..

Europe’s spend on energy crisis nears 800 billion euros

Europe’s spend on energy crisis nears 800 billion euros

By Kate Abnett BRUSSELS (Reuters) – European countries’ bill to shield households and companies from soaring energy costs ..

Sterling edges lower ahead of key data

Sterling edges lower ahead of key data

(Reuters) – Sterling edged lower on Monday at the start of a data-heavy week in which investors will scan inflation prints from ..

A crane, for God’s sake’: Inside the struggles of Turkey’s earthquake response

A crane, for God’s sake’: Inside the struggles of Turkey’s earthquake response

ANTAKYA/ISTANBUL (Reuters) – Kevser said she could hear her two sons trapped beneath the rubble of their collapsed apartment bui..

France leans on retailers to help consumers cope with food prices

France leans on retailers to help consumers cope with food prices

By Dominique Vidalon PARIS (Reuters) -France’s finance minister urged food retailers on Monday to do more to help consumers cope..

Orpea shares jump on Q4 revenue and cash boost

Orpea shares jump on Q4 revenue and cash boost

PARIS (Reuters) – Shares in scandal-hit French care homes group Orpea surged on Monday after the company posted a nearly 8% rise..

Be ‘really, really careful’ on inflation – Bank of England’s Haskel

Be ‘really, really careful’ on inflation – Bank of England’s Haskel

LONDON (Reuters) – Bank of England interest rate-setter Jonathan Haskel said the BoE should be “really, really carefulR..

German economy expected to grow modestly in 2023 – European Commission

German economy expected to grow modestly in 2023 – European Commission

BERLIN (Reuters) – The German economy will grow slightly this year, the European Commission said Monday, revising upwards its pr..

Nissan, Renault to invest $600 million to make 6 new models in India

Nissan, Renault to invest $600 million to make 6 new models in India

TOKYO (Reuters) -Nissan Motor Co and Renault SA said on Monday they would invest $600 million to make six new models in India, one of ..

Oil falls on demand worry as Fed ‘make or break moment’ approaches

Oil falls on demand worry as Fed ‘make or break moment’ approaches

By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices eased around 1% on Monday after rising in the previous session, as inve..

Shares steady, dollar gains ahead of U.S. inflation data

Shares steady, dollar gains ahead of U.S. inflation data

By Wayne Cole and Amanda Cooper LONDON/SYDNEY (Reuters) – Global shares steadied, while the dollar rose on Monday, ahead of U.S...

UK firms plan biggest pay rises since 2012 to fill staff gaps

UK firms plan biggest pay rises since 2012 to fill staff gaps

By Suban Abdulla LONDON (Reuters) – British employers expect to raise wages for their staff by the most in at least 11 years but..

Cyprus politician Christodoulides wins presidential vote

Cyprus politician Christodoulides wins presidential vote

By Michele Kambas NICOSIA (Reuters) – Former Cypriot foreign minister Nikos Christodoulides was elected president on Sunday in a..

Yen trims gains as possible next BOJ governor says current policy appropriate

Yen trims gains as possible next BOJ governor says current policy appropriate

By Samuel Indyk LONDON (Reuters) – The yen strengthened on Friday, before trimming some of its gains, after Kazuo Ueda, the figu..

First Abu Dhabi Bank reiterates not eyeing offer for Standard Chartered

First Abu Dhabi Bank reiterates not eyeing offer for Standard Chartered

SINGAPORE (Reuters) – First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, said on Friday it was not curr..

PayPal’s spending warning casts pall over upbeat forecast

PayPal’s spending warning casts pall over upbeat forecast

By Manya Saini and Jaiveer Shekhawat (Reuters) – PayPal Holdings Inc forecast full-year profit above Wall Street estimates on Th..

Britain boosts aid for Syria, Turkey after earthquakes

Britain boosts aid for Syria, Turkey after earthquakes

LONDON (Reuters) – Britain is committing additional funding – at least 3 million pounds ($3.65 million) – to support..

Algeria regains spot as Spain’s top natural gas source -Enagas

Algeria regains spot as Spain’s top natural gas source -Enagas

MADRID (Reuters) – Algeria regained its place as Spain’s main supplier of natural gas in January, providing a quarter of m..

Jewellery maker Pandora to expand lab-made diamond range

Jewellery maker Pandora to expand lab-made diamond range

By James Davey LONDON (Reuters) – Danish jewellery maker Pandora plans to expand its lab-made diamonds product range after custo..

Mott MacDonald expands its presence in India with new Bengaluru office

Mott MacDonald expands its presence in India with new Bengaluru office

Mott MacDonald, the global engineering, management and development consultancy, celebrated the inauguration of its new Bengaluru offic..

Euronext delays commitment of traders report until further notice

Euronext delays commitment of traders report until further notice

  PARIS (Reuters) – Euronext said its commodities commitment of traders report, which it had delayed on Wednesday until Feb..

Oil prices steady after U.S. stockpile swell

Oil prices steady after U.S. stockpile swell

By Shadia Nasralla LONDON (Reuters) – Oil prices were steady on Thursday, as optimism over recovering Chinese demand was offset ..

Russian threat to Baltic security rising – Estonian intelligence report

Russian threat to Baltic security rising – Estonian intelligence report

By Andrius Sytas VILNIUS (Reuters) – Estonia’s Foreign Intelligence Service said it believed Russia still had the strength..

Teradata Appoints Richard Petley as EVP, Go-to-Market, International

Teradata Appoints Richard Petley as EVP, Go-to-Market, International

Teradata (NYSE: TDC) today announced that Richard Petley has taken on a newly expanded role as EVP, International. In this position, P..

EU considers ban on ‘forever chemicals’, urges search for alternatives

EU considers ban on ‘forever chemicals’, urges search for alternatives

By Ludwig Burger (Reuters) -The European Union on Tuesday started to consider a proposal to ban widely used, potentially harmful subst..

Cryptoverse: Is bitcoin out of the woods? Consider the options

Cryptoverse: Is bitcoin out of the woods? Consider the options

  By Medha Singh, Lisa Pauline Mattackal and Vidya Ranganathan (Reuters) – Have bitcoin and ether finally turned a corner? ..

ChatGPT mania pumps up Chinese AI technology stocks

ChatGPT mania pumps up Chinese AI technology stocks

SHANGHAI (Reuters) – Chinese artificial intelligence stocks are the latest rage in mainland markets as the global frenzy around ..

UK watchdog warns crypto firms to prepare for advertising rule change

UK watchdog warns crypto firms to prepare for advertising rule change

LONDON (Reuters) -Britain’s financial watchdog warned crypto businesses on Monday to get ready for a rule change on advertising ..

Euro zone inflation seen just above ECB’s target in 2025, poll shows

Euro zone inflation seen just above ECB’s target in 2025, poll shows

FRANKFURT (Reuters) – Euro zone inflation is set to decline to 2.1% in 2025, just a shade above the European Central Bank’..

Kering recruits Estee Lauder exec for push into cosmetics

Kering recruits Estee Lauder exec for push into cosmetics

PARIS (Reuters) – French luxury goods group Kering said Friday it was entering the cosmetics business, with the announcement tha..

Lockmaker Assa Abloy boosts dividend, but wary on outlook

Lockmaker Assa Abloy boosts dividend, but wary on outlook

STOCKHOLM (Reuters) -Assa Abloy, the world’s biggest lockmaker, raised its dividend more than expected as it met quarterly profi..

TomTom raises 2023 revenue outlook as automotive drives Q4 beat

TomTom raises 2023 revenue outlook as automotive drives Q4 beat

By Federica Mileo (Reuters) -Dutch navigation and digital mapping company TomTom raised its 2023 revenue forecast on Friday, after pos..

France seeks strategy as nuclear waste site risks saturation point

France seeks strategy as nuclear waste site risks saturation point

By Benjamin Mallet LA HAGUE, France (Reuters) – At a nuclear waste site in Normandy, robotic arms guided by technicians behind a..

Tech earnings hit pause button on market rally

Tech earnings hit pause button on market rally

By Caroline Valetkevitch and Herbert Lash (Reuters) – Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message..