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Uber rival Bolt seeks to turn profitable next year, IPO in 2025

Uber rival Bolt seeks to turn profitable next year, IPO in 2025

STOCKHOLM (Reuters) – Estonian ride-hailing and food delivery startup Bolt exp..

U.S. dollar struggles, pound hits one-year high

U.S. dollar struggles, pound hits one-year high

By Laura Matthews and Alun John NEW YORK/LONDON (Reuters) – The dollar remaine..

Oil climbs almost 3% as recession fears begin to fade

Oil climbs almost 3% as recession fears begin to fade

By Alex Lawler LONDON (Reuters) – Oil rose almost 3% on Monday as U.S. recess..

Pound hits one-year high against struggling dollar

Pound hits one-year high against struggling dollar

By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) – Sterling hit an o..

Spain suspends trading in NH Hoteles, Thai parent offers to buy shares

Spain suspends trading in NH Hoteles, Thai parent offers to buy shares

MADRID/BANGKOK (Reuters) – Spanish stock market regulator CNMV on Monday suspe..

Volkswagen to name Bentley production chief as new Cariad head – sources

Volkswagen to name Bentley production chief as new Cariad head – sources

By Jan Schwartz (Reuters) -Volkswagen will announce later on Monday the removal of ..

“A great treat”: King Charles heralds weekend of coronation celebrations

“A great treat”: King Charles heralds weekend of coronation celebrations

LONDON (Reuters) – King Charles thanked singers who performed at a coronation..

Italy open to selling down MPS stake on market if terms, buyers are right – sources

Italy open to selling down MPS stake on market if terms, buyers are right – sources

By Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy’s Treasury is open t..

German industrial output slumps, recession fears rise

German industrial output slumps, recession fears rise

BERLIN (Reuters) -German industrial production fell more than expected in March, par..

Spain’s Grifols names current chairman as CEO, ending family leadership

Spain’s Grifols names current chairman as CEO, ending family leadership

By Joan Faus BARCELONA (Reuters) -Grifols said on Monday its executive chairman Tho..

Asia shares edge higher, wary of US bank data

Asia shares edge higher, wary of US bank data

By Wayne Cole SYDNEY (Reuters) – Asian shares were mostly higher on Monday as..

Analysis-Battle for China’s electric SUV market heats up at home and abroad

Analysis-Battle for China’s electric SUV market heats up at home and abroad

SHANGHAI (Reuters) – China is ground zero for the price war in electric vehicl..

Dollar jumps as U.S. job gains, wage growth beat expectations

Dollar jumps as U.S. job gains, wage growth beat expectations

By Karen Brettell NEW YORK (Reuters) – The dollar jumped on Friday after data..

King Charles greets wellwishers outside palace before coronation

King Charles greets wellwishers outside palace before coronation

LONDON (Reuters) -Britain’s King Charles and his son William greeted wellwish..

World leaders gather in London for King Charles’ coronation

World leaders gather in London for King Charles’ coronation

LONDON (Reuters) – King Charles will hold a reception on Friday for world lead..

WHO declares end to COVID global health emergency

WHO declares end to COVID global health emergency

LONDON (Reuters) -COVID-19 no longer represents a global health emergency, the World..

Analysis-Smoldering Iran nuclear crisis risks catching fire

Analysis-Smoldering Iran nuclear crisis risks catching fire

WASHINGTON/PARIS/DUBAI (Reuters) – Even as the United States and its European ..

World food prices rise for first time in a year- FAO

World food prices rise for first time in a year- FAO

ROME (Reuters) – The United Nations food agency’s world price index ros..

Adidas shares leap on results but CEO warns of bumpy year

Adidas shares leap on results but CEO warns of bumpy year

By Helen Reid LONDON (Reuters) -Adidas reported better-than-expected quarterly resu..

Alpha Bank to sell bad loan portfolio to Fortress and Davidson Kempner

Alpha Bank to sell bad loan portfolio to Fortress and Davidson Kempner

ATHENS (Reuters) – Alpha Bank ACBr.AT, one of Greece’s four largest len..

UK PM Sunak: Election results show people want us to deliver for them

UK PM Sunak: Election results show people want us to deliver for them

LONDON (Reuters) – British Prime Minister Rishi Sunak said local elections re..

Portugal’s Galp quarterly profit up 62%, below market forecast

Portugal’s Galp quarterly profit up 62%, below market forecast

LISBON (Reuters) -Portugal’s Galp Energia reported on Friday a smaller-than-e..

Republican leaders of Australia and NZ to pledge allegiance to king

Republican leaders of Australia and NZ to pledge allegiance to king

SYDNEY/WELLINGTON (Reuters) – The leaders of Australia and New Zealand will pl..

Macquarie posts record profits on higher income from commodities arm

Macquarie posts record profits on higher income from commodities arm

(Reuters) -Australia’s Macquarie Group on Friday forecast higher short-term in..

Geely’s London black cab unit unveils new large EV platform

Geely’s London black cab unit unveils new large EV platform

By Nick Carey ANSTY, England (Reuters) – Geely unit London Electric Vehicle C..

Heineken to invest $300 million in Brazil to expand premium beer portfolio

Heineken to invest $300 million in Brazil to expand premium beer portfolio

SAO PAULO (Reuters) – Heineken NV, the world’s second-largest brewer, sa..

US Treasury’s top international official heads to Europe, Asia for talks on economy

US Treasury’s top international official heads to Europe, Asia for talks on economy

WASHINGTON (Reuters) – The U.S. Treasury Department’s top international..

What to expect from King Charles’ coronation on May 6

What to expect from King Charles’ coronation on May 6

By Michael Holden LONDON (Reuters) -King Charles will be crowned at Westminster Abbe..

Volvo Cars to axe 1,300 jobs as it steps up cost cuts

Volvo Cars to axe 1,300 jobs as it steps up cost cuts

COPENHAGEN (Reuters) -Volvo Cars will lay off around 1,300 office-based employees in..

Euro zone April business activity grows on strong services demand – PMI

Euro zone April business activity grows on strong services demand – PMI

By Indradip Ghosh BENGALURU (Reuters) – Growth in euro zone business activity..

News

Canadian PM Justin Trudeau to attend King Charles’ coronation in London

Canadian PM Justin Trudeau to attend King Charles’ coronation in London

OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau will travel to Britain to attend the Coron..

Joby Aviation to get investment from Tesla shareholder Baillie Gifford

Joby Aviation to get investment from Tesla shareholder Baillie Gifford

(Reuters) – British investment management firm Baillie Gifford will invest $1..

UniCredit to use 300 million euro charges for voluntary staff exits-sources

UniCredit to use 300 million euro charges for voluntary staff exits-sources

MILAN (Reuters) – UniCredit will use restructuring charges it is set to book ..

Fed delivers small rate hike, opens door to pause in tightening cycle

Fed delivers small rate hike, opens door to pause in tightening cycle

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve on Wedn..

Bangladesh moves up the ranks and could become the 24th largest economy by 2036

Bangladesh moves up the ranks and could become the 24th largest economy by 2036

Bangladesh, located in South Asia, has made significant strides in recent years, wit..

Metro Bank posts second quarter of profitability on mortgage loans demand

Metro Bank posts second quarter of profitability on mortgage loans demand

(Reuters) – Metro Bank on Wednesday said it had reached underlying profitabili..

Flutter Q1 revenues jump 29% as U.S. races ahead, UK bounces back

Flutter Q1 revenues jump 29% as U.S. races ahead, UK bounces back

By Padraic Halpin DUBLIN (Reuters) -Flutter grew its revenue by 29% on a pro-forma ..