Headlines

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 Shareholder Services (ISS) on Monday recommended shar..

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-fungible tokens (NFTs) on its platforms less than..

Swiss regulator monitoring banks and insurers after SVB collapse

Swiss regulator monitoring banks and insurers after SVB collapse

ZURICH (Reuters) – Swiss financial regulator FINMA on Monday said it was seeking to identify any potential contagion risks for t..

Britain’s tax take risks blowing green energy off target

Britain’s tax take risks blowing green energy off target

By Susanna Twidale and Shadia Nasralla LONDON (Reuters) – A cap on revenue and the lack of the kind of incentives offered to oil..

UK gives BBC World Service 20 million pounds to support English language broadcasting

UK gives BBC World Service 20 million pounds to support English language broadcasting

LONDON (Reuters) – Britain said on Monday it had awarded a one-off payment of 20 million pounds ($24.13 million) to the BBC Worl..

Tesco to charge online, Booker suppliers new fulfilment charge

Tesco to charge online, Booker suppliers new fulfilment charge

LONDON (Reuters) – Britain’s Tesco has told the suppliers of its online and Booker wholesale operations that they will nee..

Bristol Myers, Pfizer, AbbVie drugs likely to face U.S. price negotiation

Bristol Myers, Pfizer, AbbVie drugs likely to face U.S. price negotiation

By Michael Erman, Patrick Wingrove and Ahmed Aboulenein NEW YORK/WASHINGTON (Reuters) – The blood thinner Eliquis from Bristol M..

Porsche CEO: There is no conflict between e-mobility and e-fuels

Porsche CEO: There is no conflict between e-mobility and e-fuels

WOLFSBURG (Reuters) – Porsche CEO Oliver Blume characterised the debate over e-fuels as “emotional” and said there w..

Britain toughens up diversity targets for UK companies

Britain toughens up diversity targets for UK companies

By Huw Jones LONDON (Reuters) – Britain’s top listed and private companies on Monday were called on to meet broader volunt..

The pound, gilts and stocks: likely winners and losers from UK budget

The pound, gilts and stocks: likely winners and losers from UK budget

By Lucy Raitano, Samuel Indyk and Joice Alves LONDON (Reuters) – Britain’s City and business lobby are clamouring for swee..

HSBC acquires British arm of stricken Silicon Valley Bank

HSBC acquires British arm of stricken Silicon Valley Bank

By Iain Withers LONDON (Reuters) -HSBC said on Monday it is acquiring the UK subsidiary of stricken Silicon Valley Bank for 1 pound, r..

Novartis launches new $11 billion share buyback

Novartis launches new $11 billion share buyback

ZURICH (Reuters) -Novartis has formally launched its new share buyback programme where it could spend up to 10 billion Swiss francs ($..

Mobile games developer Huuuge says has $24.2 million at SVB

Mobile games developer Huuuge says has $24.2 million at SVB

(Reuters) – Mobile games developer Huuuge Inc said late on Saturday about 10% of its cash and securities were held at the collap..

US stock futures, bonds rally as markets flirt with Fed pause

US stock futures, bonds rally as markets flirt with Fed pause

By Wayne Cole SYDNEY (Reuters) – U.S. stock futures rallied in tense Asian trade on Monday as authorities announced plans to lim..

S&P Global acquires firm to bolster capability to track commodity shipments

S&P Global acquires firm to bolster capability to track commodity shipments

SINGAPORE (Reuters) – S&P Global Commodity Insights said on Monday it has acquired UK-based technology firm Tradenet and its..

Britain delays major rail project HS2 as costs soar again

Britain delays major rail project HS2 as costs soar again

LONDON (Reuters) -Britain said on Thursday it would delay building parts of a new high-speed railway linking London and northern Engla..

Markets start signalling Fed may be going too far – Amundi

Markets start signalling Fed may be going too far – Amundi

By Yoruk Bahceli (Reuters) – Recent moves in bond and equity markets show that investors are starting to worry that the Federal ..

Aviva boosts investor payouts after profit beat

Aviva boosts investor payouts after profit beat

Aviva boosts investor payouts after profit beat By Iain Withers LONDON (Reuters) -Aviva hiked its payouts to investors on Thursday, in..

GSK expects US launch of RSV vaccine with no supply issues

GSK expects US launch of RSV vaccine with no supply issues

By Maggie Fick LONDON (Reuters) -GSK expects to launch its respiratory syncytial virus (RSV) vaccine in the U.S. this year without sup..

UK’s Domino’s expects tech investments to hit 2023 profit

UK’s Domino’s expects tech investments to hit 2023 profit

(Reuters) -Britain’s Domino’s Pizza Group Plc said on Thursday its profit this year would be impacted by investments in cl..

Deutsche Post raises annual dividend; warns of challenging 2023

Deutsche Post raises annual dividend; warns of challenging 2023

BERLIN (Reuters) – Deutsche Post increased its dividend for 2022 to 1.85 euros per share after a record year on Thursday, up fro..

Brazil to resume visa requirements for US, Japan, Australia, Canada -sources

Brazil to resume visa requirements for US, Japan, Australia, Canada -sources

By Lisandra Paraguassu BRASILIA (Reuters) – Brazil has decided to resume entry visa requirements for citizens of the U.S., Japan..

Europe experienced second-warmest winter on record

Europe experienced second-warmest winter on record

By Kate Abnett BRUSSELS (Reuters) – Europe is emerging from its second-warmest winter on record, European Union scientists said ..

Spotify listeners cross half a billion mark

Spotify listeners cross half a billion mark

(Reuters) -Spotify Technology SA said on Wednesday it would roll out new features like smart shuffle and previews of podcasts and musi..

PwC hit with $8.9 million penalty for ‘serious breaches’ on Babcock audits

PwC hit with $8.9 million penalty for ‘serious breaches’ on Babcock audits

By Iain Withers LONDON (Reuters) -Britain’s auditing watchdog has imposed a 7.5 million pound ($8.9 million) penalty on PwC for ..

UK to avoid recession this year but outlook still weak, BCC says

UK to avoid recession this year but outlook still weak, BCC says

By Suban Abdulla LONDON (Reuters) – The British Chambers of Commerce (BCC) forecast on Wednesday that the country’s econom..

Ireland to vote on removing ‘outmoded’ references to women from constitution

Ireland to vote on removing ‘outmoded’ references to women from constitution

DUBLIN (Reuters) – Ireland plans to hold a referendum in November to delete references to a woman’s place being in the hom..

Britain plans new data rules to ease compliance burden

Britain plans new data rules to ease compliance burden

LONDON (Reuters) – Britain will make another attempt to reform its data protection law on Wednesday with the objective of easing..

Intel wants $5 billion more in German subsidies for chip plant – Bloomberg News

Intel wants $5 billion more in German subsidies for chip plant – Bloomberg News

(Reuters) – Intel Corp is seeking an additional 4 billion to 5 billion euros ($5.28 billion) in subsidies from the German govern..

New intelligence points to pro-Ukraine group in Nord Stream attack -NYT

New intelligence points to pro-Ukraine group in Nord Stream attack -NYT

WASHINGTON (Reuters) -New intelligence reviewed by U.S. officials suggests that a pro-Ukraine group – likely comprised of Ukrain..

CERAWEEK-Europe gas supplies to stay tight 2 more winters, Equinor CEO says

CERAWEEK-Europe gas supplies to stay tight 2 more winters, Equinor CEO says

By Ron Bousso and Simon Webb HOUSTON (Reuters) – Europe will struggle over the next two winters to replace Russian natural gas s..

HelloFresh sees 2023 core profit of 460-540 million euros

HelloFresh sees 2023 core profit of 460-540 million euros

(Reuters) – German meal-kit maker HelloFresh forecast a higher 2023 core profit on Tuesday, as it focuses on strengthening its c..

Meta plans to cut thousands of jobs as soon as this week – Bloomberg News

Meta plans to cut thousands of jobs as soon as this week – Bloomberg News

(Reuters) -Meta Platforms Inc will cut thousands of jobs as soon as this week in a fresh round of layoffs, Bloomberg News reported on ..

GM’s Cruise to focus on cost cuts as it ramps up robotaxis

GM’s Cruise to focus on cost cuts as it ramps up robotaxis

By Abhirup Roy SAN FRANCISCO (Reuters) – General Motors Co’s robotaxi unit Cruise is focusing on cutting costs this year, ..

Valentine’s Day spending boosts British retail sales in February – BRC

Valentine’s Day spending boosts British retail sales in February – BRC

By Suban Abdulla LONDON (Reuters) – Valentine’s Day helped to boost British retail sales in February but volumes remained ..

Explainer-International Women’s Day: date, history and this year’s theme

Explainer-International Women’s Day: date, history and this year’s theme

By Josie Kao (Reuters) – As the world gears up to celebrate International Women’s Day (IWD) on Wednesday, here is a look a..

Shell, Chevron and Petrobras weigh Guyana oil auction bids -sources

Shell, Chevron and Petrobras weigh Guyana oil auction bids -sources

By Sabrina Valle and Marianna Parraga HOUSTON (Reuters) – Guyana’s coming auction of offshore oil exploration blocks has l..