Research Reports

Hong Kong May retail sales rise 18.4%, sixth month of growth

Hong Kong May retail sales rise 18.4%, sixth month of growth

HONG KONG (Reuters) – Hong Kong’s May retail sales rose 18.4% from a year earlier thanks to the revival of inbound touris..

UK car output jumps 27% in May from year earlier on steady EV demand

UK car output jumps 27% in May from year earlier on steady EV demand

(Reuters) – Britain’s car production rose for a fourth straight month in May, driven by higher demand for electric vehicl..

Volkswagen in talks with Tesla to adopt its charging standard

Volkswagen in talks with Tesla to adopt its charging standard

(Reuters) -Volkswagen is in talks with Tesla to adopt its North American Charging Standard (NACS) technology, while the German automa..

AutoStore to appeal London high court loss to Ocado in patent feud

AutoStore to appeal London high court loss to Ocado in patent feud

LONDON (Reuters) – Norwegian robotics firm AutoStore said on Thursday it will appeal a London high court judgement in March whi..

Credit Suisse appoints investment banking management committee -memo

Credit Suisse appoints investment banking management committee -memo

By Tatiana Bautzer NEW YORK (Reuters) – Credit Suisse Group AG on Thursday appointed an investment banking management committee..

Britain’s Ocado follows rivals in cutting some prices

Britain’s Ocado follows rivals in cutting some prices

By James Davey LONDON (Reuters) – British online supermarket Ocado Retail has followed rivals by cutting prices of some essenti..

Catalonia cracks down on booming marijuana industry

Catalonia cracks down on booming marijuana industry

By Horaci Garcia and Joan Faus BARCELONA (Reuters) – Heavily-armed police officers arrived in a well-to-do Barcelona suburb bef..

South African citrus growers say EU pest rules putting squeeze on exports

South African citrus growers say EU pest rules putting squeeze on exports

(Reuters) – New European Union pest control rules will cut South Africa’s orange exports to Europe by 20% this year, thre..

India’s aerospace suppliers see upside in parts-making from record jet orders

India’s aerospace suppliers see upside in parts-making from record jet orders

By Allison Lampert and Aditi Shah PARIS/DELHI (Reuters) -Indian aerospace suppliers see record jet orders by the country’s top ..

Chinese payment giants revive effort to accept foreign credit cards

Chinese payment giants revive effort to accept foreign credit cards

By Josh Ye HONG KONG (Reuters) – Chinese tech giants Tencent Holdings and Ant Group said that they would allow users to link in..

Euro zone lending takes another hit in May

Euro zone lending takes another hit in May

(Reuters) – Euro zone bank lending slowed further in May, dragged down by higher interest rates and a recession in the blocR..

Boohoo urges Revolution Beauty to call general meeting over board changes

Boohoo urges Revolution Beauty to call general meeting over board changes

(Reuters) – Boohoo on Wednesday urged Revolution Beauty to call for its requisitioned general meeting “without further de..

SAP CEO: huge growth potential in generative AI

SAP CEO: huge growth potential in generative AI

(Reuters) – German business software maker SAP sees huge growth potential in generative AI technology, Chief Executive Officer ..

Asia shares subdued, yen shunned as euro shines

Asia shares subdued, yen shunned as euro shines

By Wayne Cole SYDNEY (Reuters) – Asian shares stalled on Wednesday as surprisingly upbeat U.S. economic news warred with global..

Google lays off staff at its mapping app Waze

Google lays off staff at its mapping app Waze

(Reuters) -Alphabet-owned Google on Tuesday said it is cutting jobs at mapping app Waze as it merges the app’s advertising syst..

Google lays off staff at its mapping app Waze

Google lays off staff at its mapping app Waze

By James Davey LONDON (Reuters) – One in seven people in the United Kingdom faced hunger last year because they did not have en..

Cryptoverse: Bitcoin bounces on BlackRock buzz

Cryptoverse: Bitcoin bounces on BlackRock buzz

By Lisa Pauline Mattackal and Medha Singh (Reuters) – What would Satoshi make of it all? Bitcoin, the currency created to subve..

Hungary not getting EU recovery funds would hit credibility – Fitch

Hungary not getting EU recovery funds would hit credibility – Fitch

By Gergely Szakacs BUDAPEST (Reuters) – Any failure by Hungary to pass reforms to unlock European Union recovery funds would ha..

German bond yield curve most inverted in nearly 31 years

German bond yield curve most inverted in nearly 31 years

By Stefano Rebaudo (Reuters) -The German yield curve was at its most inverted level in nearly 31 years on Tuesday as investors bet th..

Renault CEO says free float of future electric unit will be more than 10%

Renault CEO says free float of future electric unit will be more than 10%

PARIS (Reuters) – A sizeable chunk of Renault’s planned electric vehicle spinoff could remain in free float on the stock ..

Accor plans to add more than 1,200 hotels

Accor plans to add more than 1,200 hotels

(Reuters) -Accor plans to open more than 1,200 hotels in the next five years, increasing the number of its resorts by more than one-f..

China’s state banks seen selling dollars offshore to slow yuan drop – sources

China’s state banks seen selling dollars offshore to slow yuan drop – sources

SHANGHAI/BEIJING (Reuters) -China’s major state-owned banks were seen selling dollars in the offshore spot foreign exchange mar..

Indonesia’s Pertamina, Electrum sign battery packs development deal

Indonesia’s Pertamina, Electrum sign battery packs development deal

JAKARTA (Reuters) – Indonesia’s state energy company Pertamina said late on Monday it plans to develop battery packs for ..

Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal

Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal

KUALA LUMPUR (Reuters) –     Petronas said on Tuesday it has signed a development agreement with TotalEnergies Carbon Neutralit..

Illumina starts job cuts, plans office exit to rein in costs

Illumina starts job cuts, plans office exit to rein in costs

(Reuters) -Illumina Inc has commenced job cuts, the genetic sequencing equipment maker said on Monday, as it looks to cushion the imp..

Britain says Celsa Steel has repaid emergency COVID loan, created 300 jobs

Britain says Celsa Steel has repaid emergency COVID loan, created 300 jobs

LONDON (Reuters) – The British arm of Celsa Steel has fully repaid an emergency COVID loan it received 3 years ago, generating ..

UK’s Sainsbury’s cuts more prices, adding to signs of abating inflation

UK’s Sainsbury’s cuts more prices, adding to signs of abating inflation

By James Davey and Sarah Young LONDON (Reuters) -British supermarket Sainsbury’s cut more prices on Monday, adding to evidence ..

German business sentiment points to likelihood of longer recession

German business sentiment points to likelihood of longer recession

BERLIN (Reuters) -German business morale worsened for the second consecutive month in June, a survey showed on Monday, indicating tha..

AB Foods raises profit outlook as Primark gets summer boost

AB Foods raises profit outlook as Primark gets summer boost

By James Davey LONDON (Reuters) -Associated British Foods raised its full year profit outlook on Monday with its Primark fashion busi..

Euronext to sell 11.1% stake in LCH SA to LCH Group

Euronext to sell 11.1% stake in LCH SA to LCH Group

PARIS (Reuters) -European stock market operator Euronext said on Monday it had agreed to sell its 11.1% stake in the European operati..

Analysis-After the buzz, investors are doing their own homework on AI

Analysis-After the buzz, investors are doing their own homework on AI

By Danilo Masoni and Lucy Raitano MILAN (Reuters) – The rapid adoption of generative artificial intelligence has boosted market..

PwC Australia says staff involved in tax leak face ‘severe’ consequences

PwC Australia says staff involved in tax leak face ‘severe’ consequences

By Lewis Jackson SYDNEY (Reuters) -PricewaterhouseCoopers Australia staff who are found to have acted improperly in a scandal over th..

Desperately seeking staff: Paris Airshow lets jobless in for free

Desperately seeking staff: Paris Airshow lets jobless in for free

By Allison Lampert and Tim Hepher PARIS (Reuters) – Jean Blondin usually attends the world’s largest air show to find new..

Explainer-Top Indian startup Byju’s battles auditor criticism, board exits

Explainer-Top Indian startup Byju’s battles auditor criticism, board exits

By M. Sriram MUMBAI (Reuters) – Education technology giant Byju’s, one of India’s biggest startups valued at $22 bi..

Honda to recall about 1.2 million vehicles in US – NHTSA

Honda to recall about 1.2 million vehicles in US – NHTSA

(Reuters) – Honda Motor Co is recalling about 1.2 million vehicles in the United States due to an issue with the rearview camer..

Investors increase bets on UK recession as rate hikes bite

Investors increase bets on UK recession as rate hikes bite

By Naomi Rovnick and Harry Robertson LONDON (Reuters) -Markets are doubling down on bets for a UK recession after the Bank of England..

Exclusive-India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark -sources

Exclusive-India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark -sources

By Nidhi Verma NEW DELHI (Reuters) – Indian state-run refiner BPCL is in talks with Rosneft to buy about 6 million metric tons ..