Headlines

Sterling rises as receding bank sector worries lift sentiment

Sterling rises as receding bank sector worries lift sentiment

LONDON (Reuters) – Sterling rose against the dollar on Friday, after a series ..

UK’s Ofcom delays BT fibre pricing decision after CEO remarks

UK’s Ofcom delays BT fibre pricing decision after CEO remarks

By Paul Sandle LONDON (Reuters) -Britain’s telecoms regulator needs more time ..

What is Generative AI, the technology behind OpenAI’s ChatGPT?

What is Generative AI, the technology behind OpenAI’s ChatGPT?

(Reuters) – Generative artificial intelligence has become a buzzword this year..

Farming and tourism under threat as winter drought dries up France’s Lake Montbel

Farming and tourism under threat as winter drought dries up France’s Lake Montbel

By Manuel Ausloos PARIS (Reuters) – Set at foot of the Pyrenees mountains, Lak..

Volkswagen to invest in mines in bid to become global battery supplier

Volkswagen to invest in mines in bid to become global battery supplier

By Victoria Waldersee BERLIN (Reuters) -Volkswagen plans to invest in mines to bring..

Euro zone inflation eases in Feb but core prices pick up

Euro zone inflation eases in Feb but core prices pick up

FRANKFURT (Reuters) – Euro zone inflation eased a touch in February but underl..

Greece to increase minimum wage again, before election

Greece to increase minimum wage again, before election

ATHENS (Reuters) – The Greek government will raise the minimum wage next month..

ECB’s Villeroy: rate hike signals strong confidence in European banks

ECB’s Villeroy: rate hike signals strong confidence in European banks

PARIS (Reuters) – The European Central Bank’s decision to raise interest..

Cricket-Former Australia captain Paine retires from first-class cricket

Cricket-Former Australia captain Paine retires from first-class cricket

MELBOURNE (Reuters) – Former Australia test captain Tim Paine ended his cricke..

Oil rises on demand hopes as banking crisis fears subside

Oil rises on demand hopes as banking crisis fears subside

By Florence Tan and Trixie Sher Li Yap SINGAPORE (Reuters) – Oil prices firmed..

UK drops plan to tax sovereign wealth funds

UK drops plan to tax sovereign wealth funds

LONDON (Reuters) – British finance minister Jeremy Hunt has dropped a plan to ..

Citadel accelerates hiring push in Hong Kong and London

Citadel accelerates hiring push in Hong Kong and London

By Summer Zhen HONG KONG (Reuters) – Miami-based Citadel has kicked off 2023 w..

Analysis-Investors stick to bets on early end to ECB hikes as uncertainty grows

Analysis-Investors stick to bets on early end to ECB hikes as uncertainty grows

By Yoruk Bahceli and Naomi Rovnick AMSTERDAM (Reuters) – Investors held tight ..

Credit Suisse $54 billion lifeline offers limited respite to global banks

Credit Suisse $54 billion lifeline offers limited respite to global banks

By John Revill, Amanda Cooper and Tom Sims (Reuters) -Credit Suisse sought to shore ..

Instant View: ECB sticks with big rate hike even as bank fears roil markets

Instant View: ECB sticks with big rate hike even as bank fears roil markets

(Reuters) – The European Central Bank pushed through another big increase in i..

Big ECB hike adds fuel to the banking sector fire

Big ECB hike adds fuel to the banking sector fire

By Joice Alves LONDON (Reuters) – Euro zone bank shares hit a ten-week low on ..

EU announces plans to lead green industrial revolution

EU announces plans to lead green industrial revolution

By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission presented the centr..

Britain announces 205 million pound auction for renewable power projects

Britain announces 205 million pound auction for renewable power projects

LONDON (Reuters) – Britain’s next auction round to spur renewable power projec..

French inflation revised upwards in February to 7.3% – final figures

French inflation revised upwards in February to 7.3% – final figures

PARIS (Reuters) – French annual inflation rose to a revised 7.3% in February f..

Publisher Bloomsbury casts upbeat forecast, says books ‘affordable pastime’

Publisher Bloomsbury casts upbeat forecast, says books ‘affordable pastime’

(Reuters) -Bloomsbury Publishing Plc forecast full-year profit to be well ahead of e..

Burberry appoints McLaren’s Kate Ferry as CFO

Burberry appoints McLaren’s Kate Ferry as CFO

LONDON (Reuters) – British luxury brand Burberry said on Wednesday it had appo..

Crown Agents Bank owner explores sale of British payments group –sources

Crown Agents Bank owner explores sale of British payments group –sources

By Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON (Reuters) – Helios Investmen..

Oil prices rebound after OPEC upgrades China demand outlook

Oil prices rebound after OPEC upgrades China demand outlook

By Yuka Obayashi and Florence Tan TOKYO (Reuters) – Oil prices rebounded more ..

KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT

KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT

(Reuters) – KPMG’s U.S. boss, Paul Knopp, said the accounting firm stood..

NatWest limits customers’ crypto transfers, citing scam concerns

NatWest limits customers’ crypto transfers, citing scam concerns

By Elizabeth Howcroft LONDON (Reuters) – Britain’s NatWest has imposed n..

NEAR protocol partners with flowcarbon to help NEAR ecosystem become carbon negative

NEAR protocol partners with flowcarbon to help NEAR ecosystem become carbon negative

NEAR, the first certified carbon-neutral blockchain, and Flowcarbon, the pioneering ..

London fears losing luxury shoppers to Paris and Milan

London fears losing luxury shoppers to Paris and Milan

By James Davey and Sarah Young LONDON (Reuters) – London’s luxury retail..

Meta to cut 10,000 jobs in second round of layoffs

Meta to cut 10,000 jobs in second round of layoffs

By Katie Paul and Nivedita Balu (Reuters) -Facebook-parent Meta Platforms said on Tu..

MFE offers to buy 1.05% stake in Mediaset Espana from Vivendi ahead of delisting

MFE offers to buy 1.05% stake in Mediaset Espana from Vivendi ahead of delisting

(Reuters) – MFE-Mediaforeurope said on Tuesday it agreed with Vivendi to buy a..

ING toughens oil and gas policy to include trade finance, midstream

ING toughens oil and gas policy to include trade finance, midstream

By Virginia Furness LONDON (Reuters) – Dutch lender ING on Tuesday said it had..

Sainsbury’s pays $524 million for full ownership of store investment vehicles

Sainsbury’s pays $524 million for full ownership of store investment vehicles

LONDON (Reuters) -British supermarket Sainsbury’s said on Tuesday it would tak..

Fraport sees 2023 passenger traffic at 80-90% of pre-pandemic levels

Fraport sees 2023 passenger traffic at 80-90% of pre-pandemic levels

(Reuters) – Frankfurt Airport operator Fraport on Tuesday said it expected pas..

Tennis-Panic attack ends Tsurenko’s Indian wells, as Raducanu marches on

Tennis-Panic attack ends Tsurenko’s Indian wells, as Raducanu marches on

(Reuters) -Emma Raducanu scored her biggest win since a run to the U.S. Open title b..

Australia’s nuclear submarine plan to cost up to $245 billion by 2055 -defence official

Australia’s nuclear submarine plan to cost up to $245 billion by 2055 -defence official

By Lewis Jackson CANBERRA (Reuters) -Australia’s nuclear-powered submarine pro..

British EV startup Arrival gets $300 million funding, aims to slow cash-burn

British EV startup Arrival gets $300 million funding, aims to slow cash-burn

(Reuters) -Electric-vehicle (EV) startup Arrival on Monday got a $300 million equity..

UniCredit shareholders urged to reject CEO Orcel’s pay rise

UniCredit shareholders urged to reject CEO Orcel’s pay rise

By Valentina Za MILAN (Reuters) – Leading governance adviser Institutional Sha..

Meta to wind down NFTs on platforms amid crypto bust

Meta to wind down NFTs on platforms amid crypto bust

(Reuters) -Meta Platforms Inc is cutting off support for digital collectibles or non..