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Asian stocks rally as bank jitters calm, Alibaba lifts mood

Asian stocks rally as bank jitters calm, Alibaba lifts mood

By Ankur Banerjee SINGAPORE (Reuters) – Asian shares surged on Wednesday as easing concerns over the banking sector revived risk..

Ride-hailing app Cabify raises $110 million for expansion in LatAm, Spain

Ride-hailing app Cabify raises $110 million for expansion in LatAm, Spain

BOGOTA (Reuters) – Spanish ride-hailing app Cabify has raised $110 million in financing aimed at accelerating its growth in Lati..

UK broadcasters to stay prominent on smart TVs and speakers

UK broadcasters to stay prominent on smart TVs and speakers

LONDON (Reuters) – On-demand services from Britain’s BBC, ITV and other public service broadcasters must remain easy to fi..

Explainer-What are credit default swaps and why are they causing trouble for Europe’s banks?

Explainer-What are credit default swaps and why are they causing trouble for Europe’s banks?

By Amanda Cooper LONDON (Reuters) – Turbulence in Europe’s banks following the implosion of 167-year-old Credit Suisse and..

Stocks rise after bank sale fuels investor risk appetite

Stocks rise after bank sale fuels investor risk appetite

By Amanda Cooper LONDON (Reuters) -Global stocks rose and the dollar eased on Tuesday, after a deal backed by the U.S. regulator for F..

UK’s Bellway to buy back shares, hike social housing output

UK’s Bellway to buy back shares, hike social housing output

By Aby Jose Koilparambil (Reuters) -UK’s Bellway will build a bigger share of homes in its social housing programme this fiscal ..

Home battery sales in Germany may surge 59% this year -study

Home battery sales in Germany may surge 59% this year -study

FRANKFURT (Reuters) – German sales of batteries to store solar energy at home may jump 59% this year as more residents seek a ch..

EU approves law to end sales of new CO2-emitting cars by 2035

EU approves law to end sales of new CO2-emitting cars by 2035

BRUSSELS (Reuters) – European Union countries’ energy ministers gave final approval on Tuesday to a law ending sales of ne..

Euro 7 emissions proposals, the sequel Europe’s carmakers don’t want to see

Euro 7 emissions proposals, the sequel Europe’s carmakers don’t want to see

By Christina Amann and Marie Mannes BERLIN/STOCKHOLM (Reuters) – European carmakers are fighting back against proposed emission ..

Nvidia shows new research on using AI to improve chip designs

Nvidia shows new research on using AI to improve chip designs

By Stephen Nellis (Reuters) – Nvidia Corp, the world’s leading designer of computer chips used in creating artificial inte..

OneWeb-Eutelsat set for secondary London listing – The Times

OneWeb-Eutelsat set for secondary London listing – The Times

(Reuters) – A combined company of London’s OneWeb and French satellite firm Eutelsat Communications SA is set to list on t..

Amazon loses bid to throw out case by UK drivers seeking worker rights

Amazon loses bid to throw out case by UK drivers seeking worker rights

LONDON (Reuters) -Amazon.com Inc has lost a bid to throw out three sample lawsuits brought by British delivery drivers seeking employm..

EU seeks clarification on Italy post-COVID plan, freezes 19 billion euros

EU seeks clarification on Italy post-COVID plan, freezes 19 billion euros

By Giuseppe Fonte and Gavin Jones ROME (Reuters) – The European Commission has frozen an overdue 19-billion-euro ($20.50 billion..

BoE’s Bailey says rate-setters can put inflation before bank worries

BoE’s Bailey says rate-setters can put inflation before bank worries

By William Schomberg and Andy Bruce LONDON/MANCHESTER (Reuters) -Bank of England Governor Andrew Bailey signalled on Monday that inter..

How brand marketers and agencies can most effectively reach customers with a recession looming

How brand marketers and agencies can most effectively reach customers with a recession looming

  By Meagan Martino, Head of Demand for EMEA and the Americas at AppLovin With the UK headed for a possible recessi..

In renewed push, Spain to tender EU funds for EVs, batteries in July

In renewed push, Spain to tender EU funds for EVs, batteries in July

By Joan Faus BARCELONA (Reuters) – Spain plans to launch two tenders simultaneously around July to pick the recipients of 2 bill..

UK oil, gas firms to leave year’s worth of output in ground with tax hikes-report

UK oil, gas firms to leave year’s worth of output in ground with tax hikes-report

LONDON (Reuters) – Windfall taxes mean oil and gas producers in the British North Sea will likely leave 500 million barrels of o..

Hodge adds interest only to its professional mortgage

Hodge adds interest only to its professional mortgage

Specialist lender’s enhancement will offer professionals with complex incomes even greater flexibility  Hodge has added interest only ..

UK retailers turn positive on sales hopes after bleak winter

UK retailers turn positive on sales hopes after bleak winter

LONDON (Reuters) – British retailers reported their first positive sales expectations in seven months, according to a survey pub..

Li-Cycle to build French battery processing facility

Li-Cycle to build French battery processing facility

By Ernest Scheyder (Reuters) – Li-Cycle Holdings Corp said on Monday it will build a French facility to break down batteries fro..

Hungary’s booming wedding market doused by soaring inflation

Hungary’s booming wedding market doused by soaring inflation

By Gergely Szakacs and Krisztina Fenyo BUDAPEST (Reuters) – Soaring inflation is taking the steam out of Hungary’s wedding..

Credit Agricole launches China M&A and investment banking business

Credit Agricole launches China M&A and investment banking business

HONG KONG (Reuters) – Credit Agricole, France’s second-biggest listed bank, has become the latest foreign lender to boost ..

U.S. mid-tier lenders shares rise in Frankfurt after SVB deal

U.S. mid-tier lenders shares rise in Frankfurt after SVB deal

LONDON (Reuters) – The Frankfurt-listed shares of several mid-tier U.S. lenders rose sharply on Monday, after a buyer emerged fo..

UK’s competition watchdog to examine EDF buying GE’s nuclear turbine unit

UK’s competition watchdog to examine EDF buying GE’s nuclear turbine unit

(Reuters) – UK’s anti-trust regulator said on Monday it was looking into whether FDF’s proposed acquisition of Gener..

In inflation-hit Germany, massive strike over pay to cripple transport

In inflation-hit Germany, massive strike over pay to cripple transport

By Klaus Lauer and Tom Sims BERLIN/FRANKFURT (Reuters) – A massive strike in Germany was set to begin early Monday, crippling ma..

Marketmind: Banks are leaking money

Marketmind: Banks are leaking money

A look at the day ahead in European and global markets from Wayne Cole It’s been a quiet Monday so far with Asian share markets ..

Oil markets steady as investors weigh banking crisis, Russia

Oil markets steady as investors weigh banking crisis, Russia

By Mohi Narayan and Florence Tan (Reuters) -Oil prices stabilised in Asian trade on Monday as investors sought cues from broader finan..

How the 2023 banking crisis unfolded

How the 2023 banking crisis unfolded

(Reuters) – Global banks are staring at the biggest crisis since 2008 after two U.S. lenders collapsed, Switzerland’s Cred..

Dollar outshines euro, sterling amid European bank jitters

Dollar outshines euro, sterling amid European bank jitters

By Hannah Lang WASHINGTON (Reuters) – The euro and sterling fell sharply against a strengthening dollar on Friday amid lingering..

Amazon, other retailers revamp ‘free’ shipping as costs soar

Amazon, other retailers revamp ‘free’ shipping as costs soar

By Lisa Baertlein LOS ANGELES (Reuters) – There is no such thing as free shipping. Even so, Amazon.com Inc and other online reta..

S&P Global fined 1.1 million euros for premature credit rating publications

S&P Global fined 1.1 million euros for premature credit rating publications

By Marc Jones LONDON (Reuters) -The European Union’s securities watchdog has fined S&P Global Ratings 1.1 million euros ($1...

More top UK firms than ever before have a code of ethics but staff need more support

More top UK firms than ever before have a code of ethics but staff need more support

    New report reveals that 88 per cent of FTSE 100 companies have adopted a code of ethics, soaring by nearly 10 per cent from ..

Eight in ten UK businesses struggling to find talent  

Eight in ten UK businesses struggling to find talent  

  80% of businesses in the UK are reporting continuing difficulty filling jobs; more than double the pre-pandemic high of 35% in 2019..

NorthEdge completes sale of Future Industrial Services to Augean following a period of strong and sustainable growth 

NorthEdge completes sale of Future Industrial Services to Augean following a period of strong and sustainable growth 

  NorthEdge has completed the sale of Future Industrial Services (FIS), a specialist environmental and industrial services provid..

Apex Group celebrates success of Women’s Accelerator Program with launch of external network

Apex Group celebrates success of Women’s Accelerator Program with launch of external network

      Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, today shares the outcomes of its inaug..

UK’s J D Wetherspoon returns to profit as supply issues ease

UK’s J D Wetherspoon returns to profit as supply issues ease

(Reuters) -British pub group J D Wetherspoon Plc on Friday posted a return to half-year profit and said sales in recent weeks have top..

Swiss franc grapples with safe-haven identity crisis after Credit Suisse

Swiss franc grapples with safe-haven identity crisis after Credit Suisse

By Samuel Indyk LONDON (Reuters) – The Swiss franc hasn’t lived up to its safe-haven reputation during the Credit Suisse c..