Headlines

Covestro sees lower 2023 profit, cash flow as macro challenges prevail

Covestro sees lower 2023 profit, cash flow as macro challenges prevail

By Bartosz Dabrowski and Andrey Sychev (Reuters) -German chemicals maker Covestro said on Thursday it expected lower core profit and l..

Budweiser APAC bets on post-COVID China thirst for premium beer

Budweiser APAC bets on post-COVID China thirst for premium beer

BEIJING (Reuters) – Budweiser Brewing Co APAC, Asia’s largest beer company by sales, said on Thursday it will expand into ..

Global energy-related CO2 emissions edged up to record high in 2022 – IEA

Global energy-related CO2 emissions edged up to record high in 2022 – IEA

By Susanna Twidale LONDON (Reuters) – Global energy-related emissions of carbon dioxide hit a record high last year, although mo..

Renault, Geely ink pact with Aramco for engine venture

Renault, Geely ink pact with Aramco for engine venture

(Reuters) -Oil giant Saudi Aramco has agreed to take a minority stake in a new powertrain engine company that French car maker Renault..

Dollar finds footing as focus turns to Europe inflation

Dollar finds footing as focus turns to Europe inflation

By Tom Westbrook SINGAPORE (Reuters) – The dollar caught its breath in Asia on Thursday, steadying as U.S. yields went up while ..

Analysis-Watch out risk assets, the rout in bonds is coming your way

Analysis-Watch out risk assets, the rout in bonds is coming your way

By Dhara Ranasinghe, Nell Mackenzie and Yoruk Bahceli LONDON (Reuters) – The selling gripping the world’s biggest bond mar..

Bank finance for cleaner energy grows, but still lags fossil fuels – report

Bank finance for cleaner energy grows, but still lags fossil fuels – report

LONDON (Reuters) -Banks gave 81 cents in financing support to low carbon energy supply for every dollar they provided to fossil fuels ..

Why has the Paris Climate Agreement failed?

Why has the Paris Climate Agreement failed?

As the momentous multinational climate agreement is forecast to miss all its targets, Dr Abdullah Belhaif Alnuaimi, Former..

At the home of Zara, fast and slow fashion collide

At the home of Zara, fast and slow fashion collide

By Corina Pons and Virginia Furness A CORUNA, Spain/LONDON (Reuters) – In Spain’s A Coruna, two contrasting fashion busine..

Adecco sees signs of a hiring slowdown at start of 2023

Adecco sees signs of a hiring slowdown at start of 2023

By John Revill ZURICH (Reuters) -Adecco said its hiring activity had weakened modestly at the start of 2023 after the staffing company..

Germany home prices to sink nearly 6% this year – Reuters Poll

Germany home prices to sink nearly 6% this year – Reuters Poll

By Indradip Ghosh BENGALURU (Reuters) – Home prices in Germany will fall more sharply this year and next than previously thought..

Japan’s factory output posts biggest fall in 8 months on weak autos, chips sectors

Japan’s factory output posts biggest fall in 8 months on weak autos, chips sectors

By Kantaro Komiya TOKYO (Reuters) – Japan’s factory output shrank at the fastest pace in eight months in January as declin..

TD, other banks reach $1.35 billion settlements to end Stanford litigation

TD, other banks reach $1.35 billion settlements to end Stanford litigation

By Jonathan Stempel (Reuters) -Three banks agreed to pay $1.35 billion to resolve litigation by former Allen Stanford investors who ac..

Snowboarding-British teenager Brookes becomes the youngest world champion

Snowboarding-British teenager Brookes becomes the youngest world champion

(Reuters) – Britain’s Mia Brookes outclassed Olympic gold medallist Zoi Sadowski-Synnott to become the youngest snowboardi..

Essar creates new unit to drive $3.6 billion low-carbon plan in UK, India

Essar creates new unit to drive $3.6 billion low-carbon plan in UK, India

By Nidhi Verma NEW DELHI (Reuters) – India’s Essar Group said on Monday it has created a new entity that will control its ..

SoftBank, Ant seek to sell Paytm stake via open market – ET

SoftBank, Ant seek to sell Paytm stake via open market – ET

(Reuters) -China’s Ant Group and Japan’s SoftBank Group Corp are seeking to sell their stakes in Indian digital payments f..

Nokia changes iconic logo to signal strategy shift

Nokia changes iconic logo to signal strategy shift

By Supantha Mukherjee BARCELONA (Reuters) – Nokia announced plans on Sunday to change its brand identity for the first time in n..

Satellite group SES expects further sales growth in 2023

Satellite group SES expects further sales growth in 2023

(Reuters) -Satellite firm SES on Monday forecast further revenue growth in 2023 supported by the commercial launch of a key satellites..

Dollar gains as higher-for-longer U.S. rate views drive currency markets

Dollar gains as higher-for-longer U.S. rate views drive currency markets

By Ankur Banerjee SINGAPORE (Reuters) – The dollar held firm near a seven-week peak on Monday, after a slew of strong U.S. econo..

Cisco works with Mercedes-Benz to create mobile office

Cisco works with Mercedes-Benz to create mobile office

By Supantha Mukherjee BARCELONA (Reuters) – Cisco is working with Mercedes Benz to add its Webex conferencing tools to the dashb..

Big Tech ‘fair share’ debate set to dominate Barcelona mobile meet

Big Tech ‘fair share’ debate set to dominate Barcelona mobile meet

By Supantha Mukherjee, Martin Coulter and Joan Faus BARCELONA (Reuters) -A clash between Big Tech and European Union telecoms firms ov..

South Korea’s BTS member j-hope begins process to join military

South Korea’s BTS member j-hope begins process to join military

By Hyonhee Shin SEOUL (Reuters) -A second member of Korea’s BTS – the first K-pop band nominated for a Grammy – has ..

Airbus, Qantas close to first joint sustainable aviation fuel investment

Airbus, Qantas close to first joint sustainable aviation fuel investment

By Jamie Freed MELBOURNE (Reuters) – Airbus SE and Qantas Airways Ltd plan to announce the first investment from a $200 million ..

SpaceX set to launch next International Space Station crew for NASA

SpaceX set to launch next International Space Station crew for NASA

By Joe Skipper and Steve Gorman CAPE CANAVERAL, Fla. (Reuters) – Elon Musk’s rocket company SpaceX was set to launch early..

Flu experts gather with H5N1 risk on the agenda

Flu experts gather with H5N1 risk on the agenda

By Jennifer Rigby LONDON (Reuters) – The world’s leading experts on influenza met this week to discuss the threat posed to..

German GDP contracted by 0.4% in the fourth quarter

German GDP contracted by 0.4% in the fourth quarter

BERLIN (Reuters) -The German economy contracted at the end of the year, as inflation and the energy crisis took their toll on househol..

Oil gains as Russian supply cuts temper concerns over rate hikes, high stocks

Oil gains as Russian supply cuts temper concerns over rate hikes, high stocks

By Andrew Hayley BEIJING (Reuters) -Oil prices extended gains for a second session on Friday as the prospect of lower exports from Rus..

IAG agrees to buy 80% stake in Air Europa for 400 million euros

IAG agrees to buy 80% stake in Air Europa for 400 million euros

By Charlie Devereux MADRID (Reuters) -Iberia-owner International Airlines Group has agreed to pay 400 million euros ($423.84 million) ..

Netflix cuts prices in some countries to boost subscriptions, shares drop

Netflix cuts prices in some countries to boost subscriptions, shares drop

(Reuters) -Netflix Inc said on Thursday it has cut prices of its subscription plans in some countries as the streaming giant looks to ..

Hikma accuses Amarin of suppressing generic versions of heart pill

Hikma accuses Amarin of suppressing generic versions of heart pill

By Brendan Pierson (Reuters) – Generic drugmaker Hikma Pharmaceuticals USA Inc has sued Amarin Pharma Inc, accusing it of using ..

ITA Airways averts strike after wage increase accord with unions

ITA Airways averts strike after wage increase accord with unions

ROME (Reuters) – Italian carrier ITA Airways reached a wage accord with unions on Wednesday, averting the threat of the first st..

UK economy’s unexpected bounce spurs more BoE rate hike talk

UK economy’s unexpected bounce spurs more BoE rate hike talk

By Andy Bruce LONDON (Reuters) -Britain looks on course to sidestep a long recession after a survey showed a surprise return to growth..

Cricket-England’s absence robs WTC final of ‘Bazball’ buzz

Cricket-England’s absence robs WTC final of ‘Bazball’ buzz

By Amlan Chakraborty NEW DELHI (Reuters) – This year’s World Test Championship (WTC) final will again be a party without h..

Jaguar Land Rover opens three European self-driving tech hubs

Jaguar Land Rover opens three European self-driving tech hubs

By Nick Carey LONDON (Reuters) – Luxury carmaker Jaguar Land Rover said on Tuesday it is opening three new engineering hubs in E..

Post-Brexit insurance reform clear before December, says BoE’s Woods

Post-Brexit insurance reform clear before December, says BoE’s Woods

By Huw Jones LONDON (Reuters) -The Bank of England sought on Monday to allay fears among insurers that it was dragging its feet over a..

Britain facing tomatoes shortage after overseas harvests disrupted

Britain facing tomatoes shortage after overseas harvests disrupted

LONDON (Reuters) – Britons are facing a shortage of tomatoes after supermarket supplies, including at market leader Tesco and No..

Britain’s post-Brexit asset management revamp eyes liquidity, tokenisation

Britain’s post-Brexit asset management revamp eyes liquidity, tokenisation

By Huw Jones LONDON (Reuters) -Britain set out plans on Monday for a post-Brexit review of its rules for the 11 trillion pound ($13.2 ..