Insurers flee climate alliance after ESG backlash in the U.S
By Tommy Wilkes, Alexander Hübner and Tom Sims LONDON/FRANKFURT (Reuters) -A United Nations-convened climate alliance for insurers su..
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Failed moon landing caused by altitude miscalculation, Japan startup says
TOKYO (Reuters) – Japanese startup ispace inc’s failed Hakuto-R moon landing mission last month was caused by an altitude ..
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Dollar set for third week of gains as US debt talks loom large
By Iain Withers LONDON (Reuters) – The dollar eased on Friday but stayed on track for a third straight weekly gain, as markets ..
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Analysis-Inflows into unloved European telecoms signal brighter future
By Danilo Masoni and Lucy Raitano MILAN/LONDON (Reuters) – Investors have poured money back into unloved European telecoms stoc..
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France confirms bird flu vaccination after favourable tests
PARIS (Reuters) – France confirmed its aim to launch a vaccination programme against bird flu in the autumn after results from a..
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Soaring airline customer complaints push global legislators to act
By Joanna Plucinska and Allison Lampert LONDON/MONTREAL (Reuters) – Nikoleta Dodova is among a growing number of dissatisfied a..
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Elon Musk’s Neuralink says has FDA approval for study of brain implants in humans
(Reuters) – Elon Musk’s brain-implant company Neuralink on Thursday said the U.S. Food and Drug Administration (FDA) had g..
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Nippon Steel still in talks with Teck as it seeks stake in coal asset
TOKYO (Reuters) -Nippon Steel Corp is still in talks with Teck Resources, despite Glencore’s bid for the Canadian miner, as Japa..
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Equinor shuts output at Statfjord A platform due to leakage
OSLO (Reuters) – Norway’s Equinor said it shut production at the Statfjord A oil and gas platform in the North Sea on Thur..
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Some smaller UK lenders pull mortgage products as markets churn: brokers
LONDON (Reuters) – Some smaller British mortgage lenders temporarily withdrew and repriced products for new customers on Thursda..
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Companies face stricter supply finance disclosures after Greensill collapse
LONDON (Reuters) – Companies will have to disclose details of loans for paying suppliers from January 2024, a global accounting..
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UK retail sales fall in May after April rise, outlook less gloomy: CBI
LONDON (Reuters) – British retail sales declined this month after a modest rise in April but stores expect sales volumes to stab..
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Armani sales up 18% in Q1 as Asia rebounds, U.S. slows down
MILAN (Reuters) – Italy’s Armani said on Thursday that sales jumped 18% in the first quarter thanks to a rebound in Asia a..
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Analysis-Europe hits resistance in race to finalise green laws
By Kate Abnett BRUSSELS (Reuters) – Increased political resistance to new EU laws to protect the environment has left the Europ..
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Oil eases as Russia downplays additional OPEC+ cuts
By Ahmad Ghaddar LONDON (Reuters) -Oil prices fell on Thursday after Russian Deputy Prime Minister Alexander Novak played down the pr..
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British EV maker Arrival seeks second chance with US EV tax credits
By Paul Lienert and Nick Carey DETROIT/BICESTER, England (Reuters) – British electric van startup Arrival, which has hit many r..
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Ericsson beats US shareholder lawsuit over graft disclosures
(Reuters) – Swedish telecoms company Ericsson beat a lawsuit by U.S. shareholders on Wednesday, when a federal judge ruled it d..
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Dollar gains after Fitch watch heightens debt ceiling jitters
By Kevin Buckland TOKYO (Reuters) – The dollar pushed to a two-month peak against a basket of its peers on Thursday as worries ..
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Enel suspends Colombia wind farm construction after years of protests
BOGOTA (Reuters) – The Colombian unit of Italy’s biggest utility, Enel, indefinitely suspended the construction of a wind..
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UK car output up 9.9% y-o-y in April as supply chain issues ease
(Reuters) – The number of cars made in Britain rose by 9.9% year-over-year in April as easing supply chain snarls helped boost p..
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Discovering the top E-commerce trends for 2023 to grow your business
Success in the fast-developing world of e-commerce depends on staying one step ahead of the curve. Businesses must adapt and utilise ..
Business
BoE’s Bailey says ‘big lessons’ to be learned from UK inflation surge
By William Schomberg and Andy Bruce LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Tuesday the British central bank..
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Watchdog proposes first set of global rules for crypto sector
By Huw Jones LONDON (Reuters) -International securities watchdog IOSCO unveiled on Tuesday the first global approach to regulating cr..
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Denmark to boost healthcare with an extra $739 million per year
COPENHAGEN (Reuters) -Denmark will use stronger-than-expected economic growth to boost its healthcare system with an extra 5 billion ..
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Germany’s Lufthansa orders four Airbus planes
(Reuters) – German flagship carrier Lufthansa signed a contract to purchase four additional Airbus A350-900 long-haul planes, t..
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Drahi boosts stake in BT to 24.5%, will not make an offer
By Sarah Young LONDON (Reuters) -Billionaire Patrick Drahi has increased his stake in BT to 24.5% but reiterated that he does not pla..
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High inflation helps to swell UK budget deficit in April
By Andy Bruce LONDON (Reuters) -Britain borrowed more than expected in April as high inflation pushed the government’s debt int..
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Services drive acceleration in German business activity in May -flash PMI
BERLIN (Reuters) – German business activity expanded for a fourth month running in May, driven exclusively by a services sector..
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UK meat producer Cranswick’s full-year profit rises on strong demand
(Reuters) -Cranswick Plc on Tuesday reported a rise in full-year profit, as the British meat producer saw strong demand for gourmet m..
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Euro 7 emissions standard to cost many times EC forecasts -industry group
By Nick Carey LONDON (Reuters) – Proposed Euro 7 emissions regulations will lead to direct costs for auto manufacturers that ar..
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Julius Baer reports modest money inflows after slow start to 2023
ZURICH (Reuters) -Julius Baer reported on Tuesday a modest rise in assets under management and money inflows in the first four months..
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Dollar gains against yen as Fed policy, debt ceiling in focus
By Karen Brettell NEW YORK (Reuters) – The dollar rose against the Japanese yen on Monday, holding just below a six-month hig..
Finance
Concern over US default risk grips global markets as talks resume
By Chris Prentice and Nell Mackenzie NEW YORK/LONDON (Reuters) -Unease over how U.S. debt ceiling negotiations will pan out gripped g..
Finance
How businesses can stop wasting data – and start acting on it
By Tony Grout, Chief Product Officer at Showpad It’s likely your organisation has access to plenty of meaningful analytics tha..
Business
Merchant innovation: driving success for retailers in 2023
By Amal Ahmed, Director, Financial Services & EMEA Marketing at Signifyd The retail sector has gone through an extraordinary tran..
Business
Meta fined $1.3 billion over data transfers to US – WSJ
(Reuters) – Facebook owner Meta Platforms Inc has been fined $1.3 billion by European Union privacy regulators for sending user ..
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Britain chips away at NatWest stake with $1.6 billion share sale
LONDON (Reuters) -British state-backed bank NatWest has agreed to buy 1.3 billion pounds ($1.6 billion) worth of its shares back from ..
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