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Hungary not getting EU recovery funds would hit credibility – Fitch

Hungary not getting EU recovery funds would hit credibility – Fitch

By Gergely Szakacs BUDAPEST (Reuters) – Any failure by Hungary to pass reform..

German bond yield curve most inverted in nearly 31 years

German bond yield curve most inverted in nearly 31 years

By Stefano Rebaudo (Reuters) -The German yield curve was at its most inverted level..

Aston Martin’s shares skid after it drops sales volume target

Aston Martin’s shares skid after it drops sales volume target

By Aby Jose Koilparambil (Reuters) – British luxury carmaker Aston Martin unn..

Renault CEO says free float of future electric unit will be more than 10%

Renault CEO says free float of future electric unit will be more than 10%

PARIS (Reuters) – A sizeable chunk of Renault’s planned electric vehicl..

Accor plans to add more than 1,200 hotels

Accor plans to add more than 1,200 hotels

(Reuters) -Accor plans to open more than 1,200 hotels in the next five years, incre..

China’s state banks seen selling dollars offshore to slow yuan drop – sources

China’s state banks seen selling dollars offshore to slow yuan drop – sources

SHANGHAI/BEIJING (Reuters) -China’s major state-owned banks were seen selling..

Indonesia’s Pertamina, Electrum sign battery packs development deal

Indonesia’s Pertamina, Electrum sign battery packs development deal

JAKARTA (Reuters) – Indonesia’s state energy company Pertamina said lat..

Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal

Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal

KUALA LUMPUR (Reuters) –     Petronas said on Tuesday it has signed a develop..

Dollar holds firm ahead of U.S. durable goods, housing data

Dollar holds firm ahead of U.S. durable goods, housing data

By Rocky Swift TOKYO (Reuters) – The U.S. dollar held its ground against majo..

Illumina starts job cuts, plans office exit to rein in costs

Illumina starts job cuts, plans office exit to rein in costs

(Reuters) -Illumina Inc has commenced job cuts, the genetic sequencing equipment ma..

Britain says Celsa Steel has repaid emergency COVID loan, created 300 jobs

Britain says Celsa Steel has repaid emergency COVID loan, created 300 jobs

LONDON (Reuters) – The British arm of Celsa Steel has fully repaid an emergen..

UK’s Sainsbury’s cuts more prices, adding to signs of abating inflation

UK’s Sainsbury’s cuts more prices, adding to signs of abating inflation

By James Davey and Sarah Young LONDON (Reuters) -British supermarket Sainsbury̵..

Yara postpones clean ammonia IPO after weak valuation

Yara postpones clean ammonia IPO after weak valuation

OSLO (Reuters) -Norway’s Yara has postponed a planned initial public offering..

German business sentiment points to likelihood of longer recession

German business sentiment points to likelihood of longer recession

BERLIN (Reuters) -German business morale worsened for the second consecutive month ..

AB Foods raises profit outlook as Primark gets summer boost

AB Foods raises profit outlook as Primark gets summer boost

By James Davey LONDON (Reuters) -Associated British Foods raised its full year prof..

Euronext to sell 11.1% stake in LCH SA to LCH Group

Euronext to sell 11.1% stake in LCH SA to LCH Group

PARIS (Reuters) -European stock market operator Euronext said on Monday it had agre..

Analysis-After the buzz, investors are doing their own homework on AI

Analysis-After the buzz, investors are doing their own homework on AI

By Danilo Masoni and Lucy Raitano MILAN (Reuters) – The rapid adoption of gen..

PwC Australia says staff involved in tax leak face ‘severe’ consequences

PwC Australia says staff involved in tax leak face ‘severe’ consequences

By Lewis Jackson SYDNEY (Reuters) -PricewaterhouseCoopers Australia staff who are f..

Desperately seeking staff: Paris Airshow lets jobless in for free

Desperately seeking staff: Paris Airshow lets jobless in for free

By Allison Lampert and Tim Hepher PARIS (Reuters) – Jean Blondin usually atte..

Explainer-Top Indian startup Byju’s battles auditor criticism, board exits

Explainer-Top Indian startup Byju’s battles auditor criticism, board exits

By M. Sriram MUMBAI (Reuters) – Education technology giant Byju’s, one ..

Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit

Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit

TOKYO (Reuters) – Japan’s Mitsubishi Corp expects no operational proble..

Honda to recall about 1.2 million vehicles in US – NHTSA

Honda to recall about 1.2 million vehicles in US – NHTSA

(Reuters) – Honda Motor Co is recalling about 1.2 million vehicles in the Uni..

European shares set for worst week in three months, Siemens Energy plunges

European shares set for worst week in three months, Siemens Energy plunges

By Shreyashi Sanyal (Reuters) -European shares dipped on Friday at the end of a cen..

UK consumer morale touches 17-month high despite inflation pain – GfK

UK consumer morale touches 17-month high despite inflation pain – GfK

By Suban Abdulla LONDON (Reuters) – British consumer sentiment hit its highes..

Investors increase bets on UK recession as rate hikes bite

Investors increase bets on UK recession as rate hikes bite

By Naomi Rovnick and Harry Robertson LONDON (Reuters) -Markets are doubling down on..

Exclusive-India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark -sources

Exclusive-India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark -sources

By Nidhi Verma NEW DELHI (Reuters) – Indian state-run refiner BPCL is in talk..

Lithium producers warn global supplies may not meet electric vehicle demand

Lithium producers warn global supplies may not meet electric vehicle demand

By Ernest Scheyder LAS VEGAS (Reuters) – Lithium producers are growing anxiou..

Saudi’s SAMI signs pact with Safran Helicopter Engines for engine maintenance

Saudi’s SAMI signs pact with Safran Helicopter Engines for engine maintenance

(Reuters) – State-owned Saudi Arabian Military Industries(SAMI) signed an agr..

Microsoft says new computing service for chemicals can slash R&D time

Microsoft says new computing service for chemicals can slash R&D time

By Stephen Nellis Microsoft Corp on Wednesday introduced a new computing service ai..

Aegon bets on Transamerica to boost cash flow and dividend in 2025

Aegon bets on Transamerica to boost cash flow and dividend in 2025

(Reuters) -Transamerica owner Aegon on Thursday forecast a higher free cash flow an..

Britain says insurer capital rule changes to start by end of 2023

Britain says insurer capital rule changes to start by end of 2023

By Huw Jones LONDON (Reuters) -Britain’s finance ministry said on Thursday th..

Analysis-For EV batteries, lithium iron phosphate narrows the gap with nickel, cobalt

Analysis-For EV batteries, lithium iron phosphate narrows the gap with nickel, cobalt

By Paul Lienert DETROIT (Reuters) – As the auto industry scrambles to produce..

Swiss National Bank calls for new measures after Credit Suisse crash

Swiss National Bank calls for new measures after Credit Suisse crash

By Noele Illien ZURICH (Reuters) -The Swiss National Bank (SNB) on Thursday said it..

Nasdaq expects expanded markets to justify $10.5 billion Adenza merger price tag

Nasdaq expects expanded markets to justify $10.5 billion Adenza merger price tag

By John McCrank NEW YORK (Reuters) – Nasdaq’s eye-popping $10.5 billion..

Intelsat, SES end merger talks – source

Intelsat, SES end merger talks – source

By Nilutpal Timsina (Reuters) -Intelsat has ended merger talks with SES SA, a sourc..

Oil rallies as grain markets tighten, dollar falls on Fed Chair comments

Oil rallies as grain markets tighten, dollar falls on Fed Chair comments

By Shariq Khan BENGALURU (Reuters) -Oil prices gained a dollar a barrel on Wednesda..

Dollar higher after Powell says Fed inflation fight ‘has a long way to go’

Dollar higher after Powell says Fed inflation fight ‘has a long way to go’

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar edged higher against a bas..