Headlines

Flu experts gather with H5N1 risk on the agenda

Flu experts gather with H5N1 risk on the agenda

By Jennifer Rigby LONDON (Reuters) – The world’s leading experts on influenza met this week to discuss the threat posed to..

German GDP contracted by 0.4% in the fourth quarter

German GDP contracted by 0.4% in the fourth quarter

BERLIN (Reuters) -The German economy contracted at the end of the year, as inflation and the energy crisis took their toll on househol..

Oil gains as Russian supply cuts temper concerns over rate hikes, high stocks

Oil gains as Russian supply cuts temper concerns over rate hikes, high stocks

By Andrew Hayley BEIJING (Reuters) -Oil prices extended gains for a second session on Friday as the prospect of lower exports from Rus..

IAG agrees to buy 80% stake in Air Europa for 400 million euros

IAG agrees to buy 80% stake in Air Europa for 400 million euros

By Charlie Devereux MADRID (Reuters) -Iberia-owner International Airlines Group has agreed to pay 400 million euros ($423.84 million) ..

Netflix cuts prices in some countries to boost subscriptions, shares drop

Netflix cuts prices in some countries to boost subscriptions, shares drop

(Reuters) -Netflix Inc said on Thursday it has cut prices of its subscription plans in some countries as the streaming giant looks to ..

AI-created images lose U.S. copyrights in test for new technology

AI-created images lose U.S. copyrights in test for new technology

By Blake Brittain (Reuters) -Images in a graphic novel that were created using the artificial-intelligence system Midjourney should no..

Hikma accuses Amarin of suppressing generic versions of heart pill

Hikma accuses Amarin of suppressing generic versions of heart pill

By Brendan Pierson (Reuters) – Generic drugmaker Hikma Pharmaceuticals USA Inc has sued Amarin Pharma Inc, accusing it of using ..

ITA Airways averts strike after wage increase accord with unions

ITA Airways averts strike after wage increase accord with unions

ROME (Reuters) – Italian carrier ITA Airways reached a wage accord with unions on Wednesday, averting the threat of the first st..

UK economy’s unexpected bounce spurs more BoE rate hike talk

UK economy’s unexpected bounce spurs more BoE rate hike talk

By Andy Bruce LONDON (Reuters) -Britain looks on course to sidestep a long recession after a survey showed a surprise return to growth..

Cricket-England’s absence robs WTC final of ‘Bazball’ buzz

Cricket-England’s absence robs WTC final of ‘Bazball’ buzz

By Amlan Chakraborty NEW DELHI (Reuters) – This year’s World Test Championship (WTC) final will again be a party without h..

Jaguar Land Rover opens three European self-driving tech hubs

Jaguar Land Rover opens three European self-driving tech hubs

By Nick Carey LONDON (Reuters) – Luxury carmaker Jaguar Land Rover said on Tuesday it is opening three new engineering hubs in E..

Post-Brexit insurance reform clear before December, says BoE’s Woods

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..

Britain facing tomatoes shortage after overseas harvests disrupted

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..

Britain’s post-Brexit asset management revamp eyes liquidity, tokenisation

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 ..

Scottish finance minister Kate Forbes to run for country’s leadership

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..

Analysis-To raise prices or not? Consumer goods makers weigh bets on buyer strength

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..

Galois Capital flagship fund to close after FTX losses

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..

Ericsson to cut 1,400 jobs in Sweden

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..

Turkey clears away rubble from earthquake, rescue efforts wind down

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..

Novartis names Firmenich CEO as chairman designate of Sandoz

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..

Asia shares creep higher, wary on Fed and BOJ outlooks

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..

Aussie supermarkets set to capitalise on high inflation, but softer demand ahead

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..

Dollar buoyant as robust U.S. data keep Fed hawks in control

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..

G20 watchdog homes in on decentralised finance after FTX crash

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 &..

Mercedes-Benz to buy back up to 4 billion euros in shares by 2025

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..

Gucci banks on private ‘salons’ for the ultra-rich to revive sales

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..

Ubisoft vows to get back to operating margin above 20% in medium term

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,..

Uniper sells UAE marine fuels refinery to consortium including Montfort

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..

Amazon grants 1.5 million euros to Dutch seaweed farm project

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..

Aldi UK to recruit 6,000 after strong Christmas trading

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..

Holcim to acquire European roofs manufacturer FDT Flachdach Technologie

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..

Cisco forecast raise allays tech spending fears, lifts shares

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..

Shopify’s revenue forecast fails to impress, shares fall

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..

Dollar rises to six-week peak as strong U.S. retail sales bolster higher-rates scenario

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..

TUI sees strong summer bookings as travel recovery gains momentum

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..

London’s FTSE 100 hits fresh record high as telecoms surge

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..

Citi halted financing for Trafigura’s nickel deals in October – Bloomberg

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..