Headlines

Analysis-Foreign firms’ losses from exiting Russia top $107 billion

Analysis-Foreign firms’ losses from exiting Russia top $107 billion

(Reuters) – The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billio..

Climate change, AI in focus at Commonwealth’s Oct meet in Samoa

Climate change, AI in focus at Commonwealth’s Oct meet in Samoa

SYDNEY (Reuters) -Climate change and efforts to keep up with advances in artificial intelligence top the agenda for a Commonwealth mee..

UK homeowners and businesses resilient to high interest rates, BoE says

UK homeowners and businesses resilient to high interest rates, BoE says

LONDON, March 27 (Reuters) – British mortgage holders and businesses are generally coping well with high interest rates and prob..

Analysis – Europe’s gas stocks point to healthy supply next winter

Analysis – Europe’s gas stocks point to healthy supply next winter

LONDON (Reuters) – The European Union will have plenty of gas in stock next winter and the remaining buyers of Russian pipelin..

Factbox-European companies cut jobs as economy sputters

Factbox-European companies cut jobs as economy sputters

(Reuters) – The highest inflation for decades and the impact of the war in Ukraine have forced companies across Europe into layo..

Olympics-Parisians get ready to leave city with rental cash in pocket

Olympics-Parisians get ready to leave city with rental cash in pocket

PARIS (Reuters) – Like many Parisians, Martin Cassan will be heading the other way when the tidal wave of Olympics visitors hits..

Brazil, France launch $1.1 billion program to protect Amazon rainforest

Brazil, France launch $1.1 billion program to protect Amazon rainforest

By Ueslei Marcelino BELEM, Brazil (Reuters) -Brazil and France on Tuesday launched an investment program to protect the Brazilian and ..

UK’s ASOS posts 18% drop in first-half sales

UK’s ASOS posts 18% drop in first-half sales

LONDON (Reuters) – Online fashion retailer ASOS posted an 18% drop in sales in its first half, but said it was on track to meet ..

German consumer sentiment stays on slow recovery path, finds GfK

German consumer sentiment stays on slow recovery path, finds GfK

BERLIN (Reuters) – German consumer sentiment is expected to stay on its path of slow recovery in April, helped by fewer househol..

France’s Atos seeks debt restructuring plan by July after record losses

France’s Atos seeks debt restructuring plan by July after record losses

(Reuters) -French IT consulting firm Atos is aiming to restructure its debt by July, the group said on Tuesday, after posting record a..

RiverRock and Horizon acquired from Ferrovial an 89.2% stake in Euroscut Azores, a Portuguese 93 km shadow toll road in the Azores

RiverRock and Horizon acquired from Ferrovial an 89.2% stake in Euroscut Azores, a Portuguese 93 km shadow toll road in the Azores

RiverRock – a specialized alternative investment firm, part of the CFE Finance Group – through RiverRock Brownfield Infrastructu..

Google, Apple breakups on the agenda as global regulators target tech

Google, Apple breakups on the agenda as global regulators target tech

BRUSSELS/STOCKHOLM (Reuters) -Big Tech is facing its biggest challenge in decades as antitrust regulators on both sides of the Atlanti..

Home improvement retailer Kingfisher warns on profit outlook

Home improvement retailer Kingfisher warns on profit outlook

LONDON (Reuters) -European home improvement retailer Kingfisher warned on Monday that current-year profit would fall short of analysts..

Talgo’s top shareholder in talks with Stadler over takeover bid, report says

Talgo’s top shareholder in talks with Stadler over takeover bid, report says

MADRID (Reuters) – Talgo’s top shareholder is in talks to sell its 40% stake in the Spanish train maker to Swiss rival Sta..

Analysis-Spain’s battle of the banks as BBVA narrows gap to Santander

Analysis-Spain’s battle of the banks as BBVA narrows gap to Santander

MADRID (Reuters) – BBVA’s share price has more than trebled since late 2020, narrowing its valuation gap to Santander and ..

Analysis-Cocoa rally and market tumult hoist systematic hedge funds ahead of their peers

Analysis-Cocoa rally and market tumult hoist systematic hedge funds ahead of their peers

LONDON (Reuters) – Record cocoa prices and markets whipped around by inflation and geopolitics helped hedge funds using systemat..

Oil rises as heightened geopolitical risks exacerbate supply concerns

Oil rises as heightened geopolitical risks exacerbate supply concerns

TOKYO (Reuters) – Oil prices rose in early Asian trading on Monday on concerns over tighter global supply brought about by escal..

Australia’s ANZ Group to settle credit cards class action for $37.4 million

Australia’s ANZ Group to settle credit cards class action for $37.4 million

(Reuters) – Australia’s ANZ Group said on Monday it had agreed to settle a class action suit related to interest charged o..

Thousands of Spanish bank staff strike to demand pay rise, union says

Thousands of Spanish bank staff strike to demand pay rise, union says

MADRID (Reuters) – Around 60,000 banking employees across Spain went on strike on Friday to demand pay rises they see as justifi..

Air Europa says customer data may have been compromised in October breach

Air Europa says customer data may have been compromised in October breach

(Reuters) -Spanish airline Air Europa said on Friday personal data of its customers may have been compromised in a security incident t..

Santander expects over 6 billion euros in dividends, buybacks on solid 2024 start

Santander expects over 6 billion euros in dividends, buybacks on solid 2024 start

Santander expects over 6 billion euros in dividends, buybacks on solid 2024 start By Jesús Aguado MADRID (Reuters) -Spain’s Sant..

European Championship won’t save German economy, study shows

European Championship won’t save German economy, study shows

European Championship won’t save German economy, study shows BERLIN(Reuters) – The European Championship to be held in Ger..

Dollar set for weekly rise as Swiss cut signals potential rates gap

Dollar set for weekly rise as Swiss cut signals potential rates gap

Dollar set for weekly rise as Swiss cut signals potential rates gap By Tom Westbrook SINGAPORE (Reuters) – The U.S. dollar was s..

UK consumers turn positive about their finances, GfK survey shows

UK consumers turn positive about their finances, GfK survey shows

UK consumers turn positive about their finances, GfK survey shows LONDON (Reuters) – British consumer sentiment held steady in M..

King Charles doing ‘very well’, Camilla tells Belfast crowds

King Charles doing ‘very well’, Camilla tells Belfast crowds

King Charles doing ‘very well’, Camilla tells Belfast crowds LONDON (Reuters) – Britain’s Queen Camilla said h..

Oil broadly steady after surprise US crude stock drop

Oil broadly steady after surprise US crude stock drop

Oil broadly steady after surprise US crude stock drop By Paul Carsten LONDON (Reuters) – Oil prices were broadly steady on Thurs..

Europe’s pro-nuclear leaders seek atomic energy revival

Europe’s pro-nuclear leaders seek atomic energy revival

Europe’s pro-nuclear leaders seek atomic energy revival By Julia Payne and Kate Abnett BRUSSELS (Reuters) -Leaders from pro-nucl..

Reddit set for hotly anticipated debut after pricing IPO at top of range

Reddit set for hotly anticipated debut after pricing IPO at top of range

Reddit set for hotly anticipated debut after pricing IPO at top of range By Niket Nishant (Reuters) -Social media platform Reddit gear..

UK inflation fall paves way for BoE rate cuts later in 2024

UK inflation fall paves way for BoE rate cuts later in 2024

UK inflation fall paves way for BoE rate cuts later in 2024 By Andy Bruce and Suban Abdulla LONDON (Reuters) -British inflation cooled..

Glencore aims to cut industrial assets’ carbon emissions by one-fourth by 2030

Glencore aims to cut industrial assets’ carbon emissions by one-fourth by 2030

Glencore aims to cut industrial assets’ carbon emissions by one-fourth by 2030 (Reuters) – Glencore said Wednesday it aims..

Stellantis buys stake in optical radar start-up SteerLight

Stellantis buys stake in optical radar start-up SteerLight

Stellantis buys stake in optical radar start-up SteerLight PARIS (Reuters) – European carmaker Stellantis announced on Wednesday..

Gloomy youth pull US and western Europe down global happiness ranking

Gloomy youth pull US and western Europe down global happiness ranking

Gloomy youth pull US and western Europe down global happiness ranking By David Milliken LONDON (Reuters) – Rising unhappiness am..

UK’s Labour opens door for more investment borrowing

UK’s Labour opens door for more investment borrowing

UK’s Labour opens door for more investment borrowing By William James LONDON (Reuters) -Britain’s opposition Labour Party ..

California, Stellantis strike vehicle emissions deal

California, Stellantis strike vehicle emissions deal

California, Stellantis strike vehicle emissions deal By David Shepardson WASHINGTON (Reuters) – Chrysler parent Stellantis and t..

Meta offers to almost halve Facebook, Instagram monthly fees amid concerns

Meta offers to almost halve Facebook, Instagram monthly fees amid concerns

BRUSSELS (Reuters) -Meta Platforms has offered to almost halve its monthly subscription fee for Facebook and Instagram to 5.99 euros f..

AstraZeneca bets on new cancer treatments with $2 billion Fusion Pharma purchase

AstraZeneca bets on new cancer treatments with $2 billion Fusion Pharma purchase

(Reuters) -AstraZeneca said on Tuesday it will buy clinical-stage biopharmaceutical company Fusion Pharmaceuticals Inc for about $2 bi..

European patent applications hit record high in 2023

European patent applications hit record high in 2023

(Reuters) – The European Patent Office (EPA) received a record number of patent applications last year, with the biggest share o..