Headlines

Finnish businessman Zilliacus ready to pay premium for Manchester United

Finnish businessman Zilliacus ready to pay premium for Manchester United

By Akash Sriram (Reuters) – Finnish entrepreneur Thomas Zilliacus has placed a..

Virgin Orbit says space startup in talks with potential investors

Virgin Orbit says space startup in talks with potential investors

(Reuters) – Billionaire Richard Branson’s cash-strapped satellite launch..

Stocks up, bond yields fall as markets mull a Fed policy pause

Stocks up, bond yields fall as markets mull a Fed policy pause

By Koh Gui Qing NEW YORK (Reuters) – Wall Street stocks jumped on Thursday, pu..

New York holds top spot, London second in Z/Yen financial centre survey

New York holds top spot, London second in Z/Yen financial centre survey

LONDON (Reuters) – New York kept the top spot in the latest rankings of global..

Norway wealth fund to vote for labour rights motion at Starbucks AGM

Norway wealth fund to vote for labour rights motion at Starbucks AGM

OSLO (Reuters) – Norway’s $1.3 trillion wealth fund, one of the world..

Swiss National Bank raises rates, says bank crisis stopped

Swiss National Bank raises rates, says bank crisis stopped

By John Revill ZURICH (Reuters) -The Swiss National Bank raised its benchmark intere..

HSBC appoints new markets head amid wider investment bank reshuffle

HSBC appoints new markets head amid wider investment bank reshuffle

By Lawrence White LONDON (Reuters) – HSBC has appointed Patrick George as head..

Zur Rose delays profitability break-even to 2024

Zur Rose delays profitability break-even to 2024

By Anastasiia Kozlova and Tristan Chabba (Reuters) – Swiss online drug retaile..

Lloyd’s of London swings to 2022 pre-tax loss

Lloyd’s of London swings to 2022 pre-tax loss

FRANKFURT (Reuters) – Lloyd’s of London swung to a pre-tax loss in 2022 ..

Oil dips after Fed comments, US crude stock build

Oil dips after Fed comments, US crude stock build

By Stephanie Kelly and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices fell on Thursday ..

Bitcoin falls 4.5% to $26,916

Bitcoin falls 4.5% to $26,916

(Reuters) – Bitcoin dropped 4.5% to $26,916 at 20:07 GMT on Wednesday, losing ..

Inflation boosts Jeronimo Martins’ Q4 profit but dents margins

Inflation boosts Jeronimo Martins’ Q4 profit but dents margins

LISBON (Reuters) – Portugal’s second-largest retailer Jeronimo Martins o..

Oil up 2% as dollar weakens on small US Fed rate hike

Oil up 2% as dollar weakens on small US Fed rate hike

By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 2% to a one-week high on..

Fed in spotlight with US focus on stability, First Republic

Fed in spotlight with US focus on stability, First Republic

By Nupur Anand, Andrea Shalal and Balazs Koranyi (Reuters) – U.S. authorities ..

Stellantis to invest 130 million euros in German plant for new Opel electric car

Stellantis to invest 130 million euros in German plant for new Opel electric car

MILAN (Reuters) – Carmaker Stellantis said on Wednesday it would invest 130 mi..

Crop merchant Louis Dreyfus gets profit boost in volatile year

Crop merchant Louis Dreyfus gets profit boost in volatile year

By Gus Trompiz PARIS (Reuters) -Louis Dreyfus Company (LDC) on Wednesday reported a ..

Banking turmoil will not have knock-on effect on commodities -Trafigura CFO

Banking turmoil will not have knock-on effect on commodities -Trafigura CFO

By Julia Payne LAUSANNE, Switzerland (Reuters) -The recent rout in bank shares will ..

Britain’s Superdry sells Asia Pacific IP for $50 million

Britain’s Superdry sells Asia Pacific IP for $50 million

LONDON (Reuters) – Struggling British fashion brand Superdry has sold its inte..

UK inflation rate unexpectedly rises to 10.4% in February

UK inflation rate unexpectedly rises to 10.4% in February

By William Schomberg and David Milliken LONDON (Reuters) – British inflation u..

Syngenta 4Q profit falls as raw material prices increase

Syngenta 4Q profit falls as raw material prices increase

ZURICH (Reuters) – Swiss agrichemicals and seeds group Syngenta on Wednesday r..

Jittery markets attempt risk-on rally while waiting for Powell

Jittery markets attempt risk-on rally while waiting for Powell

A look at the day ahead in European and global markets from Ankur Banerjee With abou..

India resists calls for more air access in drive to be global aviation force

India resists calls for more air access in drive to be global aviation force

By Aditi Shah and Tim Hepher NEW DELHI (Reuters) -India dampened foreign airline hop..

UK employers see slight fall in pay awards over 2023 – XpertHR

UK employers see slight fall in pay awards over 2023 – XpertHR

By Suban Abdulla LONDON (Reuters) – British employers expect pay settlements o..

Departing Intel exec to focus on loosening Nvidia’s grip on AI for movies, games

Departing Intel exec to focus on loosening Nvidia’s grip on AI for movies, games

By Stephen Nellis (Reuters) -Raja Koduri, the chief architect at Intel Corp, is leav..

Some Credit Suisse AT1 bondholders seek legal advice -law firms

Some Credit Suisse AT1 bondholders seek legal advice -law firms

By Laura Matthews and Chiara Elisei (Reuters) -Law firm Pallas Partners and a Swiss ..

Telecom Italia in talks with unions on up to 2,000 job cuts in Italy

Telecom Italia in talks with unions on up to 2,000 job cuts in Italy

MILAN (Reuters) – Telecom Italia (TIM) is seeking to cut as many as 2,000 jobs..

Screening of ‘Winnie the Pooh’ horror film cancelled in Hong Kong

Screening of ‘Winnie the Pooh’ horror film cancelled in Hong Kong

By Jessie Pang and Farah Master HONG KONG (Reuters) -The screening of “Winnie ..

EXCLUSIVE-Olympics-Paris 2024 plans Games relay changes, fewer torches-source

EXCLUSIVE-Olympics-Paris 2024 plans Games relay changes, fewer torches-source

BERLIN (Reuters) – Paris 2024 Olympic torchbearers may not all get to keep the..

Portuguese airline TAP swings to profit earlier than expected

Portuguese airline TAP swings to profit earlier than expected

LISBON (Reuters) – Portuguese airline TAP swung to a profit in 2022, earlier t..

Energy bill support pushes UK budget deficit to February record

Energy bill support pushes UK budget deficit to February record

By Andy Bruce and Sachin Ravikumar LONDON (Reuters) -Britain recorded the largest bu..

KKR sells 50% stake in Spain’s X-elio to partner Brookfield

KKR sells 50% stake in Spain’s X-elio to partner Brookfield

MADRID (Reuters) – U.S.-based buyout fund KKR has agreed to sell a 50% stake i..

Maserati aims at driving margins higher before any spin-off talk

Maserati aims at driving margins higher before any spin-off talk

By Giulio Piovaccari MILAN (Reuters) – Maserati aims to increase its margin on..

Dollar pauses for breath as Fed swings into focus

Dollar pauses for breath as Fed swings into focus

By Rae Wee SINGAPORE (Reuters) – The dollar steadied in a holiday-thinned Asia..

SSE to invest $122 million in Scottish pumped hydro project

SSE to invest $122 million in Scottish pumped hydro project

LONDON (Reuters) – British power generator SSE will invest 100 million pounds ..

EU’s EIB to override Turkey lending ban with earthquake aid

EU’s EIB to override Turkey lending ban with earthquake aid

By Marc Jones LONDON (Reuters) -The European Union’s lending arm, the European..

U.S. oil exports to Europe hit record in March on steep discounts

U.S. oil exports to Europe hit record in March on steep discounts

By Arathy Somasekhar HOUSTON (Reuters) – U.S. crude exports to Europe have hit..

Bank shares rise after Credit Suisse rescue eases crisis

Bank shares rise after Credit Suisse rescue eases crisis

By Amanda Cooper and John Revill (Reuters) -U.S. banking stocks rose on Monday and E..