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 programme with the United States and Britain will cos..
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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 financing line from Westwood Capital and said it ..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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Novartis launches new $11 billion share buyback
ZURICH (Reuters) -Novartis has formally launched its new share buyback programme where it could spend up to 10 billion Swiss francs ($..
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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..
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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..
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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..
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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..
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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 ..
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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..
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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..
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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..
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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..
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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..
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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 ..
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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..
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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 ..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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 ..
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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, ..
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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 ..
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