Headlines

ESA chief sees Ariane 6 debut launch delayed to next year

ESA chief sees Ariane 6 debut launch delayed to next year

ESA chief sees Ariane 6 debut launch delayed to next year PARIS (Reuters) – The first launch of Europe’s new Ariane 6 rock..

UK inflation rate slows to 6.8% in July

UK inflation rate slows to 6.8% in July

UK inflation rate slows to 6.8% in July LONDON (Reuters) – British annual consumer price inflation slowed to 6.8% in July, figur..

Marketmind: Stock markets tense as China gloom builds

Marketmind: Stock markets tense as China gloom builds

A look at the day ahead in European and global markets from Brigid Riley China’s new home prices fell in June for the first time..

Norway wealth fund to firms: use AI, but do it responsibly

Norway wealth fund to firms: use AI, but do it responsibly

OSLO (Reuters) – Norway’s $1.4 trillion wealth fund, the world’s single largest stock market investor, is urging fir..

As World Cup breaks records, Adidas, Nike navigate bumps in retail demand

As World Cup breaks records, Adidas, Nike navigate bumps in retail demand

LONDON/AUCKLAND (Reuters) – The unpredictability of the Women’s World Cup, with the U.S. knocked out early and a first-tim..

Lufthansa’s Eurowings sees positive operating result in FY 23

Lufthansa’s Eurowings sees positive operating result in FY 23

FRANKFURT (Reuters) – Lufthansa’s budget subsidiary Eurowings expects a positive operating result this year, chief executi..

No sustained recovery on horizon for German economy -econ min

No sustained recovery on horizon for German economy -econ min

BERLIN (Reuters) – Germany’s economy is not likely to see a sustained recovery in the coming months based on early indicat..

Agnelli family’s Exor buys $2.8 billion stake in Philips

Agnelli family’s Exor buys $2.8 billion stake in Philips

AMSTERDAM (Reuters) -Dutch investment firm Exor NV, controlled by Italy’s Agnelli family, has bought a 15% stake in healthcare t..

German network regulator names 2nd managing director of Rosneft Deutschland

German network regulator names 2nd managing director of Rosneft Deutschland

BERLIN (Reuters) – Germany’s network regulator on Monday said it had appointed Udo Giegerich as a second managing director..

Italy PM Meloni takes ‘full responsibility’ for bank tax

Italy PM Meloni takes ‘full responsibility’ for bank tax

MILAN (Reuters) -Italian Prime Minister Giorgia Meloni on Monday took “full responsibility” for last week’s shock de..

Analysis-Big losses in Russia-linked stocks have investors rethinking other depositary receipts

Analysis-Big losses in Russia-linked stocks have investors rethinking other depositary receipts

LONDON/NEW YORK (Reuters) – Global investors are losing confidence in securities linked to shares of companies in the world̵..

UK employers plan 5% pay rises, many resort to counteroffers: CIPD

UK employers plan 5% pay rises, many resort to counteroffers: CIPD

LONDON (Reuters) – British employers expect to raise pay by 5% over the coming year and are increasingly making counteroffers to..

Lloyd’s of London insurer Hiscox profit spikes on premium rise

Lloyd’s of London insurer Hiscox profit spikes on premium rise

LONDON (Reuters) -Lloyd’s of London insurer Hiscox posted a sharp rise in pretax profit on rising premium rates, but its shares ..

Bottler Coca-Cola HBC lifts sales outlook

Bottler Coca-Cola HBC lifts sales outlook

(Reuters) -Coca-Cola HBC lifted its annual revenue forecast on Wednesday as the bottler benefited from higher prices despite a dip in ..

Germany’s Delivery Hero hikes 2023 revenue guidance

Germany’s Delivery Hero hikes 2023 revenue guidance

(Reuters) -German online takeaway food company Delivery Hero on Wednesday raised its full-year revenue outlook, after it swung to a pr..

Greek EU-harmonised inflation rises to 3.5% y/y in July

Greek EU-harmonised inflation rises to 3.5% y/y in July

(Reuters) – Greece’s annual EU-harmonised inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesda..

No quick fix to reverse Antarctic sea ice loss as warming intensifies – scientists

No quick fix to reverse Antarctic sea ice loss as warming intensifies – scientists

SINGAPORE (Reuters) – Sea ice in the Antarctic region has fallen to a record low this year as a result of rising global temperat..

Fund manager abrdn’s assets hit by market volatility, shares dive

Fund manager abrdn’s assets hit by market volatility, shares dive

(Reuters) -Fund manager abrdn’s shares fell nearly 9% on Tuesday after it reported a drop in assets under management in the firs..

Video-gaming revenue to grow 2.6% in 2023 on console sales strength – report

Video-gaming revenue to grow 2.6% in 2023 on console sales strength – report

(Reuters) – Global video-games market would return to growth in 2023 on the back of strong sales of consoles such as Sony’..

WeWork rival IWG’s half-year profit surges on high demand, improved pricing

WeWork rival IWG’s half-year profit surges on high demand, improved pricing

(Reuters) -Office rental firm IWG retained a “cautiously optimistic” outlook after posting a 48% surge in half-year profit..

Germany’s Fraport sees earnings boost on higher passenger volumes

Germany’s Fraport sees earnings boost on higher passenger volumes

(Reuters) -Frankfurt Airport operator Fraport on Tuesday updated its 2023 core profit and net income forecasts, after first-half earni..

Asian markets down, dollar up after weak China trade data

Asian markets down, dollar up after weak China trade data

SYDNEY (Reuters) – Asian share markets were mostly weaker on Tuesday but the dollar strode higher as investors digested weaker C..

UBS shuffles bank bosses in bid to better compete with Wall Street

UBS shuffles bank bosses in bid to better compete with Wall Street

LONDON/NEW YORK (Reuters) -UBS on Monday announced an overhaul of its investment banking division, including naming the unit’s M..

TSMC to decide in favour of German factory on Tuesday – Handelsblatt

TSMC to decide in favour of German factory on Tuesday – Handelsblatt

BERLIN (Reuters) – Taiwanese semiconductor manufacturer TSMC’s board of directors will decide in favour of building a fact..

After heatwave, looming typhoon forces scouts to evacuate South Korea campsite

After heatwave, looming typhoon forces scouts to evacuate South Korea campsite

After heatwave, looming typhoon forces scouts to evacuate South Korea campsite By Hyunsu Yim and Ju-min Park SEOUL (Reuters) – T..

Heatwave caused higher than normal death rate in southern Italy

Heatwave caused higher than normal death rate in southern Italy

Heatwave caused higher than normal death rate in southern Italy ROME (Reuters) – The central and southern regions of Italy recor..

BioNTech reduces drug development spend as COVID vaccine sales plunge

BioNTech reduces drug development spend as COVID vaccine sales plunge

BioNTech reduces drug development spend as COVID vaccine sales plungea By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -German..

German regulator rejects request for postage stamp price hike

German regulator rejects request for postage stamp price hike

German regulator rejects request for postage stamp price hike BERLIN (Reuters) -Germany’s federal network regulator has rejected..

Miners drag London stocks lower; Unite Group slips

Miners drag London stocks lower; Unite Group slips

Miners drag London stocks lower; Unite Group slips By Shreyashi Sanyal (Reuters) -The UK’s exporter-heavy FTSE 100 index dipped ..

German space firm OHB plans to delist as KKR takes minority stake

German space firm OHB plans to delist as KKR takes minority stake

German space firm OHB plans to delist as KKR takes minority stake By Alexander Hübner BERLIN (Reuters) -Germany’s OHB on Monday ..

Russia to evacuate village for first lunar lander mission in half century

Russia to evacuate village for first lunar lander mission in half century

Russia to evacuate village for first lunar lander mission in half century (Reuters) – Russia will evacuate a village in its far ..

Oil holds steady near four-month high on OPEC+ cuts

Oil holds steady near four-month high on OPEC+ cuts

Oil holds steady near four-month high on OPEC+ cuts By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices edged down on Monda..

Dollar on guard as US inflation test looms

Dollar on guard as US inflation test looms

Dollar on guard as US inflation test looms By Rae Wee SINGAPORE (Reuters) – The dollar was on the defensive on Monday after a mi..

Cycling-Men’s world championships race interrupted by climate protesters

Cycling-Men’s world championships race interrupted by climate protesters

Cycling-Men’s world championships race interrupted by climate protesters By Martyn Herman GLASGOW (Reuters) -Protesters halted t..

Huawei ban would cost German rail operator 400 million eur – Spiegel

Huawei ban would cost German rail operator 400 million eur – Spiegel

Huawei ban would cost German rail operator 400 million eur – Spiegel BERLIN (Reuters) – Germany’s national railway o..

Commerzbank shares slump on outlook, despite 20% profit rise

Commerzbank shares slump on outlook, despite 20% profit rise

Commerzbank shares slump on outlook, despite 20% profit rise By Tom Sims and Frank Siebelt FRANKFURT (Reuters) -Commerzbank’s sh..

EnBW sees FY adjusted EBITDA at upper end of forecast range

EnBW sees FY adjusted EBITDA at upper end of forecast range

EnBW sees FY adjusted EBITDA at upper end of forecast range BERLIN (Reuters) – German utility EnBW confirmed its full-year outlo..