ECB needs to keep interest rates ‘sustainably high’ to combat inflation – Lagarde
ECB needs to keep interest rates ‘sustainably high’ to combat inflation – Lagarde By Jesús Aguado MADRID (Reuters) &..
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Oil rebounds on fading risk of U.S. debt default
LONDON (Reuters) -Oil prices rebounded on Friday from losses of more than 1% the previous day as investors turned cautiously optimisti..
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Siemens Energy close to selling stake in Windar Renovables – source
(Reuters) – Siemens Energy is close to striking a deal to sell Siemens Gamesa’s 32% stake in Windar Renovables, a source c..
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Allianz Trade Secures Seventh Consecutive Win as Best Trade Credit Insurance Company Asia Pacific at the 2023 Global Banking & Finance Awards®
Allianz Trade cements its leadership in Trade Credit Insurance, clinching top honors at the Global Banking & Finance Awards® 2023 ..
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Stocks reach one-month high on U.S. debt ceiling hopes
LONDON, SINGAPORE (Reuters) -Global shares rose to a one-month high and the dollar trounced major currencies on Friday as markets refl..
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UK’s Nationwide to pay 340 million pounds to customers after profit leap
LONDON (Reuters) -British lender Nationwide will pay its customers 340 million pounds ($429 million) through payments to their current..
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Japan’s inflation stays above BOJ’s target, key gauge hits four-decade high
TOKYO (Reuters) -Japan’s core consumer inflation stayed well above the central bank’s 2% target in April and a key index s..
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Wall Street gains, dollar climbs on solid data, debt ceiling progress
NEW YORK (Reuters) -Wall Street turned higher and the dollar reached a seven-week peak on Thursday as discount retail giant Walmart In..
Finance
Ripple buys crypto custody firm Metaco for $250 million
(This May 17 story has been corrected to clarify that the token is called XRP, not Ripple, in paragraph 9) By Elizabeth Howcroft LONDO..
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Burberry shares drop as weak US demand overshadows China rebound
LONDON (Reuters) -British luxury fashion brand Burberry on Thursday reported stronger-than-expected fourth quarter sales driven by a r..
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Aston Martin stock soars after $295 million on Geely investment
(Reuters) -Aston Martin’s stock popped nearly 22% on Thursday, after the luxury carmaker announced a 234 million pound investmen..
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Japanese businesses pledge UK investment ahead of Sunak meeting
LONDON (Reuters) – Japanese businesses have committed to invest almost 18 billion pounds ($23 billion) in Britain ahead of a mee..
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Deployed raises $4M to redefine how Statements Of Work are created and projects are planned
Female founded Enterprise Tech startup raises funding to rewrite the language of work UK-based Deployed today announced it has raised ..
Business
Australia’s push for faster EV uptake will be slow to charge
(This May 17 story has been corrected to say the rollout of chargers started small due to grid issues, not scaled back due to grid iss..
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Credit Suisse bond wipe-out will not trigger credit insurance payout
LONDON (Reuters) -Holders of credit insurance linked to Credit Suisse bonds will not get a payout after a committee that adjudicates o..
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Gender and location bias at work cannot be solved with “blinding”
Women and people far from headquarters often need help to get recognition for their ideas. One way to help is to put all ideas on equa..
Opinion
Southern Europe braces for climate change-fuelled summer of drought
BRUSSELS (Reuters) -Southern Europe is bracing for a summer of ferocious drought, with some regions already suffering water shortages ..
Lifestyle
Tyre-makers under pressure as too much rubber hits the road
LONDON (Reuters) – Tyre-makers are under pressure to almost literally reinvent the wheel as regulators turn their scrutiny to ty..
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UK has held productive discussions with EU over car tariffs – minister
LONDON (Reuters) – Britain has had productive discussions with the European Union about changing trading arrangements for car ma..
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Mitchells & Butlers pub group says costs start to ease
(Reuters) -British pub and restaurant group Mitchells & Butlers PLC reported a fall in half-year profits on Wednesday and said sup..
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Low unemployment amongst young driving demand, says JD Sports boss
LONDON (Reuters) – Historically low unemployment for the young is driving demand for JD Sports Fashion’s trainers, joggers..
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European shares weighed by US debt ceiling concerns, slide in financials
(Reuters) – European shares slipped on Wednesday as concerns about whether the United States can avoid a debt default, as well a..
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Blackstone, Thomson Reuters consortium sells $3.4 billion LSEG shares at discount
(Reuters) -An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters sold 33 million shares in the London Stock..
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Experian sees annual revenue growth on steady demand
(Reuters) – British credit data firm Experian Plc said on Wednesday it expects its annual organic revenue to grow between 4% and..
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Analysis-Southern Europe braces for climate change-fuelled summer of drought
BRUSSELS (Reuters) – Southern Europe is bracing for a summer of ferocious drought, with some regions already suffering water sho..
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Asian shares tentative, US debt ceiling talks weigh on risk appetite
SINGAPORE (Reuters) – Asian shares were subdued on Wednesday and the dollar hovered around a five-week peak as investors remaine..
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German economic growth to remain muted in near term – IMF
BERLIN (Reuters) -The German economy has shown resilience over the last year thanks to a strong policy response and a mild winter, but..
Finance
EU raw material targets need money and faster permits, sector chief says
BRUSSELS (Reuters) – The European Union will only meet ambitious targets to reduce its reliance on China and other countries for..
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Macquarie raising hurdles to CDP joining KKR bid for Telecom Italia grid, sources say
MILAN (Reuters) -Australian fund Macquarie is raising legal hurdles over a plan backed by Italy’s Treasury for state lender CDP ..
News
Building E-commerce for Commodities: Here’s What Suppliers Should Know
E-commerce continues to be a major revenue driver in retail and online sales. By some estimates, the global e-commerce mar..
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France to host pro-nuclear meet to push for EU recognition of climate benefits
France to host pro-nuclear meet to push for EU recognition of climate benefits By Kate Abnett and America Hernandez BRUSSELS (Reuters)..
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Platinum facing biggest deficit in years as carmakers snap up metal
Platinum facing biggest deficit in years as carmakers snap up metal LONDON (Reuters) – Rising demand from automakers, industry a..
Finance
Agnelli investment firm hires former UK minister Osborne
Agnelli investment firm hires former UK minister Osborne PARIS/LONDON (Reuters) – Lingotto Investment Management, backed by Ital..
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UK competition watchdog steps up examination of grocery prices
UK competition watchdog steps up examination of grocery prices LONDON (Reuters) -Britain’s competition watchdog will step up its..
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India’s carmakers back zero duty on limited British imports under trade deal – sources
India’s carmakers back zero duty on limited British imports under trade deal – sources By Aditi Shah and Shivangi Acharya ..
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World stocks climb on hopes of successful debt ceiling outcome
World stocks climb on hopes of successful debt ceiling outcome By Nell Mackenzie LONDON (Reuters) -World stocks rose on Monday on caut..
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Economist Odor picked as Slovakia’s caretaker prime minister
Economist Odor picked as Slovakia’s caretaker prime minister By Radovan Stoklasa and Jan Lopatka BRATISLAVA (Reuters) – Re..
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