Headlines

Senior doctors in England accept new pay offer and end strikes

Senior doctors in England accept new pay offer and end strikes

LONDON (Reuters) -Senior doctors in England have voted to accept an improved offer from the government on pay and conditions, easing s..

Tencent’s next level up: fewer big foreign franchise games, more in-house

Tencent’s next level up: fewer big foreign franchise games, more in-house

HONG KONG (Reuters) – (This March 21 story has been corrected to rectify the time period from ‘last month’ to ‘..

UK house prices fall for first time in 6 months as rates stay high

UK house prices fall for first time in 6 months as rates stay high

LONDON (Reuters) – British house prices fell 1.0% in March, their first drop since September 2023, figures from mortgage lender ..

Holcim to acquire South American concrete products firm Tensolite

Holcim to acquire South American concrete products firm Tensolite

ZURICH (Reuters) – Holcim on Friday said it will buy Tensolite, a maker and distributor of pre-cast concrete systems in South Am..

Sterling hits one-week high vs dollar, focus on rally against Swiss Franc

Sterling hits one-week high vs dollar, focus on rally against Swiss Franc

(Reuters) – Sterling edged higher against a weakening dollar and dropped versus the euro on Thursday, with investors focused on ..

Stocks and bonds take heart from Powell; commodities strong

Stocks and bonds take heart from Powell; commodities strong

LONDON (Reuters) – Global shares rallied on Thursday as U.S. rate cuts remained on the table even if their timing was unclear, w..

UK on track to exit recession despite slower services growth, PMI data shows

UK on track to exit recession despite slower services growth, PMI data shows

LONDON (Reuters) -Britain’s economy looks on track to exit recession when official first-quarter growth data is next published, ..

Dollar hits two-week low while battered yen stabilises

Dollar hits two-week low while battered yen stabilises

NEW YORK (Reuters) – The dollar hit a two-week low on Thursday as economic data supported expectations for quick rate cuts in th..

UK on track to exit recession despite slower services growth, PMI data shows

UK on track to exit recession despite slower services growth, PMI data shows

LONDON (Reuters) -Britain’s economy looks on track to exit recession when official first-quarter growth data is next published, ..

Tame Swiss inflation opens door for more SNB rate cuts, weighs on franc

Tame Swiss inflation opens door for more SNB rate cuts, weighs on franc

ZURICH (Reuters) -Swiss inflation eased to its lowest level in two-and-a-half years in March, pushing the Swiss franc lower on market ..

Former Gucci CEO to take minority stake in Elisabetta Franchi

Former Gucci CEO to take minority stake in Elisabetta Franchi

MILAN (Reuters) – Former Gucci chief executive Marco Bizzarri said on Thursday he would invest in Italian fashion brand Elisabet..

Britain’s Co-op profit slides after petrol forecourt sale

Britain’s Co-op profit slides after petrol forecourt sale

(Reuters) -Co-op, which runs Britain’s seventh-biggest supermarket chain, posted a steep drop in annual pretax profit on Thursda..

UK watchdog refers Vodafone, Three deal to in-depth probe

UK watchdog refers Vodafone, Three deal to in-depth probe

(Reuters) -Britain’s competition regulator said on Thursday it would need to open an in-depth investigation into the merger betw..

Japan’s Konica Minolta to cut 2,400 jobs, book $132 million in expenses

Japan’s Konica Minolta to cut 2,400 jobs, book $132 million in expenses

TOKYO (Reuters) – Japan’s Konica Minolta said on Thursday it will trim 2,400 jobs worldwide during the current fiscal year..

Novo says Ozempic starter kits still not available in Germany in Q2

Novo says Ozempic starter kits still not available in Germany in Q2

FRANKFURT (Reuters) – Novo Nordisk has warned that starter kits of its popular diabetes drug Ozempic will still not be available..

Euro zone inflation unexpectedly eases, boosting rate cut case

Euro zone inflation unexpectedly eases, boosting rate cut case

FRANKFURT (Reuters) – Euro zone inflation fell unexpectedly last month, solidifying the case for the European Central Bank to st..

UK supermarket sales rise 5.4%, NIQ market researcher says

UK supermarket sales rise 5.4%, NIQ market researcher says

LONDON (Reuters) – British supermarket total sales rose by 5.4% year-over-year in the four weeks to March 23 as slowing inflatio..

UK’s Topps Tiles flags persistent weak demand in 2024 after lower H1 volumes

UK’s Topps Tiles flags persistent weak demand in 2024 after lower H1 volumes

(Reuters) -Britain’s largest tile retailer Topps Tiles said on Wednesday subdued demand in the domestic repair and maintenance s..

Diversifying companies delivered 53% higher annual shareholder returns during and after COVID

Diversifying companies delivered 53% higher annual shareholder returns during and after COVID

Study from Stryber of 738 listed businesses in Europe showed that companies which diversified their revenue streams deliver 53% highe..

Swiss Re appoints Andreas Berger as new CEO from July

Swiss Re appoints Andreas Berger as new CEO from July

ZURICH (Reuters) -Reinsurance company Swiss Re said on Wednesday Andreas Berger would become group chief executive officer from July, ..

CMA CGM acquires 10% in stake in Volvo-Renault EV joint venture, Renault says

CMA CGM acquires 10% in stake in Volvo-Renault EV joint venture, Renault says

(Reuters) – French car manufacturer Renault on Wednesday announced that shipping group CMA CGM officially joined Flexis, its par..

Euro zone factory downturn deepened again in March, PMI shows

Euro zone factory downturn deepened again in March, PMI shows

LONDON (Reuters) – Euro zone manufacturing activity took a further turn for the worse in March, contracting at a steeper pace th..

IKEA Foundation backs emerging market EV push with $100 million grant

IKEA Foundation backs emerging market EV push with $100 million grant

LONDON (Reuters) – A global initiative to accelerate electric vehicle uptake has received a $100 million funding boost from the ..

UK shop prices rise at slowest pace since December 2021

UK shop prices rise at slowest pace since December 2021

LONDON (Reuters) – Prices in British shops rose at the slowest pace in more than two years in March, the British Retail Consorti..

Disney edges ahead in battle for board seats with activist investors

Disney edges ahead in battle for board seats with activist investors

NEW YORK (Reuters) – Walt Disney appeared to pull ahead of activist investors in the battle for board seats and the future of th..

UBS launches new $2bn share buyback

UBS launches new $2bn share buyback

ZURICH (Reuters) -UBS on Tuesday announced it was launching a new share buyback programme of up to $2 billion, with up to half being c..

BMW and India’s Tata Technologies to form JV for developing software

BMW and India’s Tata Technologies to form JV for developing software

BENGALURU (Reuters) -BMW Group and Tata Technologies will form a joint venture for the development of software for the German luxury a..

King Charles greets well-wishers after Easter Sunday service

King Charles greets well-wishers after Easter Sunday service

WINDSOR, England (Reuters) -Britain’s King Charles greeted well-wishers in an impromptu walkabout after an Easter church service..

China believes France will provide fair business environment for Chinese firms, foreign ministry says

China believes France will provide fair business environment for Chinese firms, foreign ministry says

BEIJING (Reuters) – China will import even more high-quality products and services from France and believes the European country..

Exclusive-Microsoft to separate Teams and Office globally amid antitrust scrutiny

Exclusive-Microsoft to separate Teams and Office globally amid antitrust scrutiny

BRUSSELS (Reuters) – Microsoft will sell its chat and video app Teams separately from its Office product globally, the U.S. tech..

Stocks subdued, yen in focus, with inflation data on tap

Stocks subdued, yen in focus, with inflation data on tap

NEW YORK/LONDON (Reuters) -A gauge of global share markets was barely changed on Thursday as it was poised to end the quarter with sol..

Hershey, Mondelez bet big on Easter as cocoa price crisis looms

Hershey, Mondelez bet big on Easter as cocoa price crisis looms

(This March 26 story has been refiled to correct the data source to ‘NielsenIQ’ from ‘Nielsen’ in paragraph 23..

UK’s Thames Water in crisis after shareholders refuse to pay up

UK’s Thames Water in crisis after shareholders refuse to pay up

LONDON (Reuters) -Thames Water, Britain’s biggest water utility, said on Thursday its shareholders had refused to pay 500 millio..

Mercedes partly loses class action case over diesel defeat devices

Mercedes partly loses class action case over diesel defeat devices

BERLIN (Reuters) – A German court ruled on Thursday partly in favour of consumers in a class action suit against Mercedes Benz o..

UK competition regulator decides against in-depth probe of Aviva, AIG Life UK merger

UK competition regulator decides against in-depth probe of Aviva, AIG Life UK merger

LONDON (Reuters) -Britain’s competition regulator said on Thursday that it has decided not to open an in-depth ‘phase 2..

JD Sports’ January sales fall in ‘challenging’ market

JD Sports’ January sales fall in ‘challenging’ market

LONDON (Reuters) -British sportswear retailer JD Sports said trading conditions remained challenging after its like-for-like sales dro..

French company Valeo to use more Google Cloud AI tools

French company Valeo to use more Google Cloud AI tools

PARIS (Reuters) – French car parts maker Valeo said on Thursday it would be using more Google Cloud AI tools at Valeo, highlight..