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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 aimed at helping chemical companies speed up the res..

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 and dividend in 2025, flagging untapped potential in..

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 that the first batch of post-Brexit reforms to ̵..

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 more affordable electric vehicles, whose most exp..

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 was crucial to draw lessons from the Credit Suiss..

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 bet on the little known financial software compan..

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 source familiar with the matter told Reuters on Wednesd..

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 Wednesday as U.S. corn and soybean prices raced to multi-m..

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 basket of currencies on Wednesday after Federal Reser..

French send deep diving robot to help Titanic sub search

French send deep diving robot to help Titanic sub search

By Louise Dalmasso PARIS (Reuters) – A French robot that can dive to 20,000 feet (6,000 metres) underwater is on its way to hel..

Factbox-Aviation emissions targets in focus at Paris Airshow

Factbox-Aviation emissions targets in focus at Paris Airshow

PARIS (Reuters) – Big deals at this week’s Paris Airshow have highlighted a sharp recovery in air travel demand. The secto..

Abu Dhabi-based ADQ’s talks to take Lazard private fall apart- FT

Abu Dhabi-based ADQ’s talks to take Lazard private fall apart- FT

(Reuters) – Abu Dhabi’s sovereign wealth fund ADQ held talks with investment bank Lazard Ltd to take it private earlier t..

Factbox-Hyundai’s plans for EVs, restructuring in China

Factbox-Hyundai’s plans for EVs, restructuring in China

(Reuters) – Hyundai Motor, the No. 3 global automaker by sales with its affiliate Kia Corp, outlined plans on Tuesday for a dee..

MTU and Safran to create JV on military helicopter developments

MTU and Safran to create JV on military helicopter developments

(Reuters) – German MTU Aero Engines and French Safran have signed a memorandum of understanding to create a joint-venture on dev..

Britain backs greener air travel with $280 million funding package

Britain backs greener air travel with $280 million funding package

LONDON (Reuters) – Britain has announced 218 million pounds ($279 million) to help fund research into greener air travel, its m..

Singapore tops list of costliest cities for goods, services aimed at the wealthy

Singapore tops list of costliest cities for goods, services aimed at the wealthy

SINGAPORE (Reuters) – Singapore for the first time became the most expensive city for goods and services for wealthy people, ov..

Lanxess slashes profit outlook as demand recovery lags

Lanxess slashes profit outlook as demand recovery lags

(Reuters) – German speciality chemicals maker Lanxess on Monday evening cut its second-quarter and annual core profit forecasts..

Adobe’s $20 billion deal to acquire Figma under threat from EU regulators – FT

Adobe’s $20 billion deal to acquire Figma under threat from EU regulators – FT

(Reuters) -European antitrust regulators are preparing to launch a formal investigation into software giant Adobe’s $20 billion..

Japan’s Suzuki to make ‘flying cars’ with SkyDrive

Japan’s Suzuki to make ‘flying cars’ with SkyDrive

TOKYO (Reuters) – Japanese automaker Suzuki Motor Corp said on Tuesday it had reached an agreement with SkyDrive Inc to make &#..

‘Great Resignation’ continues as quarter of workers look to change jobs – PwC

‘Great Resignation’ continues as quarter of workers look to change jobs – PwC

By Divya Chowdhury MUMBAI (Reuters) – A quarter of workers surveyed by PwC expect to change jobs in the next 12 months, up from..

EU electric vehicles risk 4.3 billion euro post-Brexit tariff cost – auto body

EU electric vehicles risk 4.3 billion euro post-Brexit tariff cost – auto body

BRUSSELS (Reuters) – Post-Brexit rules forcing European automakers to source more electric vehicle components from Britain or t..

UBS faces big penalty over Credit Suisse’s Archegos failings -FT

UBS faces big penalty over Credit Suisse’s Archegos failings -FT

(Reuters) – UBS Group AG faces hundreds of millions of dollars in penalties over Credit Suisse’s mishandling of Archegos ..

Bank of England launches first sector-wide liquidity ‘stress test’

Bank of England launches first sector-wide liquidity ‘stress test’

By Huw Jones LONDON (Reuters) -The Bank of England has launched its first system-wide liquidity ‘stress test’ to establis..

Royal Mail’s largest union to resume vote on deal with postal company on June 22

Royal Mail’s largest union to resume vote on deal with postal company on June 22

(Reuters) – The largest union of UK’s Royal Mail will resume voting on an agreement reached with the British postal firm ..

Stocks rally stalls, eyes Powell testimony for rate clues

Stocks rally stalls, eyes Powell testimony for rate clues

By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares drifted on Monday, consolidating gains after hitting a 14-mon..

Biman Bangladesh to buy 10 Airbus jets, breaking Boeing reliance – minister

Biman Bangladesh to buy 10 Airbus jets, breaking Boeing reliance – minister

By Ruma Paul and Tim Hepher DHAKA/PARIS (Reuters) – State-owned carrier Biman Bangladesh Airlines has decided to purchase 10 pl..

AstraZeneca planning China business spin off -FT

AstraZeneca planning China business spin off -FT

(Reuters) – Drugmaker AstraZeneca is drafting a plan to spin off its China business, and listing a separate unit in Hong Kong is..

ECB risks losing sight of ‘greedflation’ with laser-focus on wages

ECB risks losing sight of ‘greedflation’ with laser-focus on wages

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank risks losing sight of corporate profits as a dr..

Oil slides more than $1 on China growth uncertainties

Oil slides more than $1 on China growth uncertainties

TOKYO (Reuters) -Global oil prices fell more than $1 on Monday, backing off last week’s gains, as questions over China’s e..

Dollar drifts as traders weigh rate path; yen fragile

Dollar drifts as traders weigh rate path; yen fragile

By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was tentative on Monday as investors tried to assess the monetary polic..

JLR taps Everstream Analytics’ AI to dodge supply chain problems

JLR taps Everstream Analytics’ AI to dodge supply chain problems

LONDON (Reuters) – JLR said on Monday it has partnered with supply chain mapping and risk analytics firm Everstream Analytics, w..

British supermarket Morrisons cuts prices of nearly 50 products

British supermarket Morrisons cuts prices of nearly 50 products

LONDON (Reuters) – British supermarket Morrisons said on Monday it was cutting the prices of 47 products by an average of over ..

France’s Macron vows to boost sustainable aviation fuel production

France’s Macron vows to boost sustainable aviation fuel production

PARIS (Reuters) – France will invest 200 million euros ($218.78 million) to boost the production of sustainable aviation fuels (..

Self-driving truck company Einride expands into Norway

Self-driving truck company Einride expands into Norway

By Johannes Birkebaek COPENHAGEN (Reuters) – Swedish electric self-driving truck company Einride expects to reduce CO2 emission..

Euro zone May inflation confirmed at 6.1% yr/yr, core eases

Euro zone May inflation confirmed at 6.1% yr/yr, core eases

BRUSSELS (Reuters) – Euro zone consumer inflation sharply decelerated in May, the European Union’s statistics office conf..

Intel facility is largest greenfield investment in Poland, PM says

Intel facility is largest greenfield investment in Poland, PM says

WARSAW (Reuters) – Polish Prime Minister says Intel’s new semiconductor assembly and test facility near Wroclaw, western ..

Travis Perkins warns on profit in sign of UK housing market difficulty

Travis Perkins warns on profit in sign of UK housing market difficulty

LONDON (Reuters) -Travis Perkins, Britain’s biggest supplier of building materials, warned profit would be hit by difficulties ..