Chinese payment giants revive effort to accept foreign credit cards
HONG KONG (Reuters) – Chinese tech giants Tencent Holdings and Ant Group said that they would allow users to link international ..
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Euro zone lending takes another hit in May
(Reuters) – Euro zone bank lending slowed further in May, dragged down by higher interest rates and a recession in the bloc̵..
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Boohoo urges Revolution Beauty to call general meeting over board changes
(Reuters) – Boohoo on Wednesday urged Revolution Beauty to call for its requisitioned general meeting “without further del..
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SAP CEO: huge growth potential in generative AI
(Reuters) – German business software maker SAP sees huge growth potential in generative AI technology, Chief Executive Officer C..
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Nissan will not fill COO position left open by Gupta’s departure
TOKYO (Reuters) – Nissan Motor Co has decided to not fill in the chief operating officer position vacated by Ashwani Gupta under..
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Asia shares subdued, yen shunned as euro shines
Asia shares subdued, yen shunned as euro shines By Wayne Cole SYDNEY (Reuters) – Asian shares stalled on Wednesday as surprising..
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Google lays off staff at its mapping app Waze
One in seven Britons faced hunger in 2022, says food bank charity By James Davey LONDON (Reuters) – One in seven people in the U..
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Cryptoverse: Bitcoin bounces on BlackRock buzz
Cryptoverse: Bitcoin bounces on BlackRock buzz By Lisa Pauline Mattackal and Medha Singh (Reuters) – What would Satoshi make of ..
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Hungary not getting EU recovery funds would hit credibility – Fitch
Hungary not getting EU recovery funds would hit credibility – Fitch By Gergely Szakacs BUDAPEST (Reuters) – Any failure by..
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German bond yield curve most inverted in nearly 31 years
German bond yield curve most inverted in nearly 31 years By Stefano Rebaudo (Reuters) -The German yield curve was at its most inverted..
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Aston Martin’s shares skid after it drops sales volume target
Aston Martin’s shares skid after it drops sales volume target By Aby Jose Koilparambil (Reuters) – British luxury carmaker..
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Renault CEO says free float of future electric unit will be more than 10%
Renault CEO says free float of future electric unit will be more than 10% PARIS (Reuters) – A sizeable chunk of Renault’s ..
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Accor plans to add more than 1,200 hotels
Accor plans to add more than 1,200 hotels (Reuters) -Accor plans to open more than 1,200 hotels in the next five years, increasing the..
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China’s state banks seen selling dollars offshore to slow yuan drop – sources
China’s state banks seen selling dollars offshore to slow yuan drop – sources SHANGHAI/BEIJING (Reuters) -China’s ma..
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Dollar holds firm ahead of U.S. durable goods, housing data
Dollar holds firm ahead of U.S. durable goods, housing data By Rocky Swift TOKYO (Reuters) – The U.S. dollar held its ground aga..
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Britain says Celsa Steel has repaid emergency COVID loan, created 300 jobs
Britain says Celsa Steel has repaid emergency COVID loan, created 300 jobs LONDON (Reuters) – The British arm of Celsa Steel has..
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UK’s Sainsbury’s cuts more prices, adding to signs of abating inflation
UK’s Sainsbury’s cuts more prices, adding to signs of abating inflation By James Davey and Sarah Young LONDON (Reuters) -B..
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Yara postpones clean ammonia IPO after weak valuation
Yara postpones clean ammonia IPO after weak valuation OSLO (Reuters) -Norway’s Yara has postponed a planned initial public offer..
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German business sentiment points to likelihood of longer recession
German business sentiment points to likelihood of longer recession BERLIN (Reuters) -German business morale worsened for the second co..
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AB Foods raises profit outlook as Primark gets summer boost
AB Foods raises profit outlook as Primark gets summer boost By James Davey LONDON (Reuters) -Associated British Foods raised its full ..
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Analysis-After the buzz, investors are doing their own homework on AI
Analysis-After the buzz, investors are doing their own homework on AI By Danilo Masoni and Lucy Raitano MILAN (Reuters) – The ra..
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PwC Australia says staff involved in tax leak face ‘severe’ consequences
PwC Australia says staff involved in tax leak face ‘severe’ consequences By Lewis Jackson SYDNEY (Reuters) -Pricewaterhous..
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Desperately seeking staff: Paris Airshow lets jobless in for free
Desperately seeking staff: Paris Airshow lets jobless in for free By Allison Lampert and Tim Hepher PARIS (Reuters) – Jean Blond..
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Explainer-Top Indian startup Byju’s battles auditor criticism, board exits
Explainer-Top Indian startup Byju’s battles auditor criticism, board exits By M. Sriram MUMBAI (Reuters) – Education techn..
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European shares set for worst week in three months, Siemens Energy plunges
European shares set for worst week in three months, Siemens Energy plunges By Shreyashi Sanyal (Reuters) -European shares dipped on Fr..
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Investors increase bets on UK recession as rate hikes bite
Investors increase bets on UK recession as rate hikes bite By Naomi Rovnick and Harry Robertson LONDON (Reuters) -Markets are doubling..
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Exclusive-India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark -sources
Exclusive-India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark -sources By Nidhi Verma NEW DELHI (Reuters) &#..
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Stocks rally stalls, eyes Powell testimony for rate clues
Stocks rally stalls, eyes Powell testimony for rate clues By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares drif..
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Dollar drifts as traders weigh rate path; yen fragile
Dollar drifts as traders weigh rate path; yen fragile By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was tentative on M..
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Britain’s ITV considers possible deal to buy All3Media
Britain’s ITV considers possible deal to buy All3Media By Amy-Jo Crowley and Paul Sandle LONDON (Reuters) – Britain’..
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End of ‘Zero Covid’ fails to boost German investment in China – survey
End of ‘Zero Covid’ fails to boost German investment in China – survey By Sarah Marsh BERLIN (Reuters) – China..
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Oil rises on Saudi plan to deepen output cuts from July
Oil rises on Saudi plan to deepen output cuts from July By Noah Browning LONDON (Reuters) – Oil prices rose by more than $1 a ba..
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Richard Teng seen as potential successor to Binance’s Changpeng Zhao -reports
Richard Teng seen as potential successor to Binance’s Changpeng Zhao -reports (Reuters) – Richard Teng, Binance’s he..
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SNB defends raising rates, says not to blame for Credit Suisse failure
SNB defends raising rates, says not to blame for Credit Suisse failure (This May 31 story has been corrected to clarify that Jordan..
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Nestle hires LSEG’s Anna Manz as CFO
Nestle hires LSEG’s Anna Manz as CFO By Richa Naidu and Friederike Heine LONDON/BERLIN (Reuters) – Nestle, the world’..
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Dollar nudges lower as U.S. debt ceiling deal dents safe-haven appeal
Dollar nudges lower as U.S. debt ceiling deal dents safe-haven appeal By Dhara Ranasinghe LONDON (Reuters) -The dollar nudged lower on..
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Macquarie raising hurdles to CDP joining KKR bid for Telecom Italia grid, sources say
MILAN (Reuters) -Australian fund Macquarie is raising legal hurdles over a plan backed by Italy’s Treasury for state lender CDP ..
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