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..
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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..
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Dollar edges down from six-week peak, Swedish crown jumps
By Samuel Indyk LONDON (Reuters) – The dollar edged lower on Monday but kept close to Friday’s six-week high, after a flur..
Finance
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 ..
Headlines
Shares steady, dollar dips as US holiday lifts rates gloom
By Amanda Cooper LONDON (Reuters) -Global shares inched up on Monday as a U.S. holiday tempered volatility ahead of minutes of the lat..
Finance
Scottish finance minister Kate Forbes to run for country’s leadership
LONDON (Reuters) -Scottish finance minister Kate Forbes said on Monday she would run in the leadership contest to replace Nicola Sturg..
Headlines
Analysis-To raise prices or not? Consumer goods makers weigh bets on buyer strength
By Jessica DiNapoli (Reuters) – Prices of everyday basics like Bounty paper towels and Cadbury chocolate may rise again this yea..
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Galois Capital flagship fund to close after FTX losses
By Nell Mackenzie and Elizabeth Howcroft LONDON (Reuters) -Galois Capital hedge fund founder Kevin Zhou said on Monday his flagship fu..
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Ericsson to cut 1,400 jobs in Sweden
STOCKHOLM (Reuters) -Telecoms gear maker Ericsson plans to cut about 1,400 jobs in Sweden as part of a broader plan to reduce costs gl..
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Turkey clears away rubble from earthquake, rescue efforts wind down
By Henriette Chacar and Ali Kucukgocmen ANTAKYA, Turkey (Reuters) – Turkey stepped up work to clear away rubble from collapsed b..
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Novartis names Firmenich CEO as chairman designate of Sandoz
ZURICH (Reuters) – Novartis on Monday announced the appointment of Gilbert Ghostine as chairman-designate of Sandoz, the generic..
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Asia shares creep higher, wary on Fed and BOJ outlooks
By Wayne Cole SYDNEY (Reuters) – Asian shares edged up on Monday as a U.S. holiday made for slow trading ahead of minutes of the..
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Aussie supermarkets set to capitalise on high inflation, but softer demand ahead
By Harshita Swaminathan (Reuters) – Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-hig..
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Dollar buoyant as robust U.S. data keep Fed hawks in control
By Rae Wee SINGAPORE (Reuters) – The dollar was on the front foot on Monday, supported by a strong run of economic data out of t..
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Shares fall with oil prices amid concerns about U.S. Fed rate hikes
By Sinéad Carew NEW YORK (Reuters) – Stock markets around the globe fell on Friday and oil prices settled lower after U.S. econo..
Finance
Hawkish ECB comments push up rate-hike expectations
By Leigh Thomas and Francesco Canepa PARIS/FRANKFURT (Reuters) – European Central Bank interest rates still have some way to ris..
Finance
Exclusive-Microsoft’s Bing plans AI ads in early pitch to advertisers
By Sheila Dang (Reuters) – Microsoft has started discussing with ad agencies how it plans to make money from its revamped Bing s..
Business
G20 watchdog homes in on decentralised finance after FTX crash
By Huw Jones LONDON (Reuters) – The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle &..
Headlines
Mercedes-Benz to buy back up to 4 billion euros in shares by 2025
BERLIN (Reuters) -Mercedes Benz said on Thursday it plans to buy back up to 4 billion euros ($4.28 billion) of its shares over two yea..
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Gucci banks on private ‘salons’ for the ultra-rich to revive sales
By Mimosa Spencer PARIS (Reuters) – Gucci is banking on new ultra-high-end “salons” offering merchandise priced at u..
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Ubisoft vows to get back to operating margin above 20% in medium term
By Enrico Sciacovelli (Reuters) -French video game producer Ubisoft said it would reach operating margin above 20% in the medium term,..
Headlines
Dollar advances as strong U.S. data backs higher rates backdrop
By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The U.S. dollar held gains against a basket of currencies on..
Finance
Uniper sells UAE marine fuels refinery to consortium including Montfort
FRANKFURT/SINGAPORE (Reuters) -German utility Uniper has agreed to sell its oil refinery in the United Arab Emirates to a consortium o..
Headlines
Amazon grants 1.5 million euros to Dutch seaweed farm project
AMSTERDAM (Reuters) – Amazon.com has granted 1.5 million euros ($1.6 million) to a Dutch project testing the viability of commer..
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Aldi UK to recruit 6,000 after strong Christmas trading
LONDON (Reuters) – The British arm of German discounter Aldi said on Thursday it was looking to hire more than 6,000 workers, co..
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Holcim to acquire European roofs manufacturer FDT Flachdach Technologie
ZURICH (Reuters) – Switzerland’s Holcim is to acquire thermoplastic roofs manufacturer FDT Flachdach Technologie GmbH, the..
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Cisco forecast raise allays tech spending fears, lifts shares
By Yuvraj Malik (Reuters) -Cisco Systems Inc on Wednesday raised its full-year earnings forecast and delivered strong second-quarter r..
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Shopify’s revenue forecast fails to impress, shares fall
By Nivedita Balu (Reuters) -Shopify Inc on Wednesday forecast slowing revenue growth for the current quarter despite price hikes and n..
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Dollar rises to six-week peak as strong U.S. retail sales bolster higher-rates scenario
By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The dollar climbed to a six-week peak against a currency bas..
Headlines
Slowdown in UK inflation eases pressure on Bank of England
By Andy Bruce and William Schomberg LONDON (Reuters) – British inflation fell by more than expected in January and there were si..
Finance
Vacancy fall hasn’t alleviated the skills shortages
More investment in skills is needed, particularly across the public sector Responding to the latest labour market data from th..
Opinion
How to make your energy data more meaningful
Data is crucial when it comes to managing energy, but communicating it can come with its challenges as ‘data’ means different t..
Technology
Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to a six-week high against the yen and climbed from a roughly t..
Finance
Sterling gains after strong jobs data add to pressure on BOE
LONDON (Reuters) – The pound rose against the dollar and euro on Tuesday after data showed British wages rose quicker than expec..
Finance
TUI sees strong summer bookings as travel recovery gains momentum
By Joanna Plucinska LONDON (Reuters) -Holiday group TUI said on Tuesday it was seeing encouraging booking trends for summer and next w..
Headlines
London’s FTSE 100 hits fresh record high as telecoms surge
By Shashwat Chauhan (Reuters) – UK’s FTSE 100 rose to a record high on Tuesday as telecom stocks gained after Liberty Glob..
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Citi halted financing for Trafigura’s nickel deals in October – Bloomberg
(Reuters) -Citigroup Inc stopped financing nickel deals for commodity trader Trafigura with companies linked to Indian businessman Pra..
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