EV Sharing Market Set to Surge with 16.19% CAGR Through 2031
The EV sharing market is poised for substantial growth, with projections indicating a robust CAGR of 16.19% from 2024 to 2031. This ra..
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Citi says 2025 oil prices could average $60/bbl without deeper OPEC+ cuts
(Reuters) – If producer group OPEC+ doesn’t reduce production further, the average price of oil could drop to $60 p..
Business
LSEG, Intesa join STOXX Europe 50 as Deutsche Post, Reckitt exit
MILAN (Reuters) – Britain’s LSEG , which owns the London stock exchange, and Italy’s No.1 bank Intesa Sanpaol..
Finance
South Africa’s SPAR sells Polish business to Specjal
JOHANNESBURG (Reuters) – South Africa’s second-biggest grocery group SPAR has sold its loss-making business in Pola..
Business
German government agrees proposals for tax relief on EVs
BERLIN (Reuters) -Germany’s coalition government has agreed to a proposal for tax reductions to promote the use of electr..
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Food Allergen Testing Market Expands with a 5.56% CAGR, Forecasted to Hit USD 1.43 Billion by 2031
Food Allergen Testing Market size was valued at USD 955.83 Million in 2024 and is projected to reach USD 1433.08 Million by 2031, grow..
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Global Algaculture Market Set to Surge to $14.14 Billion by 2031, Driven by Rising Demand for Sustainable Food and Feed Solutions
The Algaculture Market is poised for substantial growth from 2024 to 2031, projected to reach a valuation of US$ 14.14 billion by 2031..
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Global Cloud Computing Market to Surge to $1946.2 Billion by 2031 with a Robust 15.4% CAGR
The global cloud computing market size is poised for substantial growth, projected to expand from USD 618.8 billion in 2023 to a subst..
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Defence Cyber Security Market to Soar to USD 63.38 Billion by 2031, Driven by Rising Threats and National Security Priorities
The Defence Cyber Security market, valued at USD 16.45 billion in 2023, is projected to reach a substantial USD 63.38 billion by 2031,..
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Cryogenic Temperature Controller Market Set for Significant Growth with Projected CAGR of X% Through 2031
The cryogenic temperature controller market is poised for substantial growth, with a projected CAGR of X% during the forecast period o..
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Germany plans to reduce Commerzbank stake as stability restored
(Reuters) – Germany intends to reduce its stake in Commerzbank AG as the lender is stable again years after its rescue in..
Business
Germany plans to reduce Commerzbank stake as stability restored
(Reuters) – Germany intends to reduce its stake in Commerzbank AG as the lender is stable again years after its rescue in..
Business
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AI likely to weigh on oil prices over the next decade, Goldman says
AI likely to weigh on oil prices over the next decade, Goldman says
(Reuters) – Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing costs via impro..
News
Dollar rises as traders eye data-heavy week; yen strengthens
By Saqib Iqbal Ahmed and Amanda Cooper NEW YORK (Reuters) – The dollar rose to a two-week high against the euro on Tuesday as ..
Finance
Malaysia central bank to hold rates at 3.0% until at least 2026: Reuters poll
By Pranoy Krishna BENGALURU (Reuters) – Bank Negara Malaysia (BNM) will leave its key interest rate unchanged on Thursday..
Business
Tennis-Draper carries British hopes into U.S. Open quarters
NEW YORK (Reuters) – Jack Draper said he was thrilled to become the first British man to reach the U.S. Open quarter-finals sinc..
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Summery weather helps boost UK consumer spending, surveys show
(Reuters) – British consumer spending increased modestly in annual terms during August, fuelled by spending on food and d..
Finance
French finance ministry warns deficit at risk on tax shortfall-media
PARIS (Reuters) – France is at risk of running a substantially bigger budget deficit than planned this year if extra savi..
News
Oil edges higher as halted Libyan exports balance expected OPEC+ supply boost
By Nia Williams and Arunima Kumar (Reuters) -Oil prices edged higher on Monday, recovering some losses from late last week, as ..
Finance
BMW worldwide recalling Mini Cooper SE electric models, company says
BERLIN (Reuters) -German automaker BMW is recalling electric Mini Cooper SE vehicles due to problems in their batteries, which ..
Business
Oil extends losses on weak China data, prospect of higher OPEC+ supply
By Florence Tan SINGAPORE (Reuters) -Oil prices extended losses on Monday on expectations for higher OPEC+ production starting ..
Finance
Exclusive-Intel CEO to pitch board on plans to shed assets, cut costs, source says
By Max A. Cherney and Milana Vinn (Reuters) – Intel CEO Pat Gelsinger and key executives are expected to present a plan l..
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Intel rises as report of chipmaker exploring options cheers glum investors
(Reuters) -Intel’s shares rose more than 3% in early trading on Friday, as a report of the struggling chipmaker exploring option..
Technology
Oil prices face pressure from slow China demand and inventory rise – Reuters poll
By Anushree Ashish Mukherjee (Reuters) – Analysts have lowered their 2024 oil price outlook due to weak fuel demand from leading..
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US dollar gains as inflation data backs smaller Fed cut
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar gained on Friday after data showed a key inflation measure came in lin..
Finance
Sunk superyacht likely to cost insurers at least $150 million, experts say
By Noor Zainab Hussain and Carolyn Cohn LONDON (Reuters) – Insurers of the Bayesian superyacht that sank this month, kill..
News
Samsung shows interest in Nokia mobile networks assets, Bloomberg News reports
(Reuters) – Telecom equipment maker Nokia has been exploring options for its mobile networks business and has drawn inter..
Technology
World stocks end turbulent month higher as U.S. inflation data looms
By Naomi Rovnick LONDON (Reuters) – Global stocks rose on Friday and were set for a fourth straight month of gains despite a bou..
Finance
Lowest euro zone inflation in 3 years sets up ECB for cut
By Francesco Canepa and Balazs Koranyi FRANKFURT/TALLINN (Reuters) -Inflation in the euro zone fell to its lowest level in three years..
Business
Exclusive-Amazon turns to Anthropic’s Claude for Alexa AI revamp
By Greg Bensinger SAN FRANCISCO (Reuters) – Amazon’s revamped Alexa due for release in October ahead of the U.S. holiday s..
Technology
UK film investors aim to revive studio plan amid push for growth
LONDON (Reuters) – Backers of a planned new major British film studio said on Thursday they would seek to revive the proj..
Finance
German inflation falls to 2.0% in August, aiding ECB rate cuts
By Maria Martinez BERLIN (Reuters) – German inflation fell more than expected in August, declining to its lowest level in..
Headlines
Uber invests in UK startup Wayve to speed up self-driving projects
By Nick Carey LONDON (Reuters) – Ride-hailing platform Uber will invest in Wayve to help the British self-driving technology sta..
Business
Flutter says it will appeal $330 million Georgia ruling
DUBLIN (Reuters) – Irish betting giant Flutter Entertainment said on Thursday it plans to appeal a $330 million ruling ag..
News
UK’s Sainsbury’s agrees deal to acquire 10 Homebase stores
LONDON (Reuters) – Britain’s second-largest supermarket group, Sainsbury’s, said on Thursday it had agreed to..
Business
Analysis-Sterling’s stunning rally keeps twitchy currency markets on edge
By Naomi Rovnick LONDON (Reuters) – Sterling has hit roughly 2-1/2 years highs against the dollar and is flying high versus the ..
Finance
Europe shrugs off Nvidia chill to eye record high
By Chibuike Oguh NEW YORK (Reuters) -Global shares edged higher on Thursday, shrugging off investor disappointment at artificial intel..
Business