Julius Baer reports modest money inflows after slow start to 2023
Julius Baer reports modest money inflows after slow start to 2023 ZURICH (Reuters) -Julius Baer reported on Tuesday a modest rise in a..
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Dollar gains against yen as Fed policy, debt ceiling in focus
Dollar gains against yen as Fed policy, debt ceiling in focus By Karen Brettell NEW YORK (Reuters) – The dollar rose against t..
Finance
Concern over US default risk grips global markets as talks resume
Concern over US default risk grips global markets as talks resume By Chris Prentice and Nell Mackenzie NEW YORK/LONDON (Reuters) -Unea..
Finance
New rules to dampen Chinese interest to list in Europe, say bankers
New rules to dampen Chinese interest to list in Europe, say bankers By Li Gu and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Ch..
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Meta fined $1.3 billion over data transfers to US – WSJ
Meta fined $1.3 billion over data transfers to US – WSJ (Reuters) – Facebook owner Meta Platforms Inc has been fined $1.3 ..
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Britain chips away at NatWest stake with $1.6 billion share sale
Britain chips away at NatWest stake with $1.6 billion share sale By Iain Withers and Amy-Jo Crowley LONDON (Reuters) -British state-ba..
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Explainer-How Wall Street is preparing for possible US debt default
Explainer-How Wall Street is preparing for possible US debt default By Davide Barbuscia and Pete Schroeder NEW YORK/WASHINGTON (Reuter..
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Building e-commerce for commodities: here’s what suppliers should know
Building e-commerce for commodities: here’s what suppliers should know By Weston Stewart-Tennes, Chief Technology Officer, Mickey &nbs..
Business
Dollar weakens after gains all week; debt deal hopes boost market sentiment
Dollar weakens after gains all week; debt deal hopes boost market sentiment By Amanda Cooper and Gertrude Chavez-Dreyfuss LONDON/NEW Y..
Finance
Wall Street gains, Treasury yields rise as debt ceiling talks progress
Wall Street gains, Treasury yields rise as debt ceiling talks progress NEW YORK (Reuters) – U.S. stocks were tentatively highe..
Finance
Energy costs for most British households to fall 18% from July -Cornwall Insight
Energy costs for most British households to fall 18% from July -Cornwall Insight LONDON (Reuters) – Energy costs for most Britis..
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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 ..
Featured
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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