Companies

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..

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..

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..

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..

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 ..

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..

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..

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..

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..

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..

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 Ba..

Europe’s brief window of market outperformance swings shut

Europe’s brief window of market outperformance swings shut

By Samuel Indyk, Lucy Raitano and Alun John LONDON (Reuters) – European equit..

Crypto investors step up risk management after last year’s meltdowns

Crypto investors step up risk management after last year’s meltdowns

By Elizabeth Howcroft LONDON (Reuters) – Cryptocurrency investors have grown ..

Analysis-US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice

Analysis-US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice

By Hannah Lang WASHINGTON (Reuters) -Other U.S. crypto exchanges are likely to be i..

U.S. regulation fears drive insurers’ climate alliance break-up

U.S. regulation fears drive insurers’ climate alliance break-up

By Tommy Wilkes LONDON (Reuters) -The success of Republicans in triggering the brea..

Stocks surge in Asia as US averts default, Fed pause bets rise

Stocks surge in Asia as US averts default, Fed pause bets rise

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks jumped on Friday on incr..

Exclusive-Credit Suisse axes China bank plan to avoid regulatory conflict under UBS-sources

Exclusive-Credit Suisse axes China bank plan to avoid regulatory conflict under UBS-sources

By Engen Tham, Summer Zhen and Selena Li HONG KONG/SHANGHAI (Reuters) -Credit Suiss..

Asian shares tentative, US debt ceiling talks weigh on risk appetite

Asian shares tentative, US debt ceiling talks weigh on risk appetite

By Ankur Banerjee SINGAPORE (Reuters) – Asian shares were subdued on Wednesda..

IMF’s Georgieva sees global growth below 3% in 2023, robust recovery ‘elusive’

IMF’s Georgieva sees global growth below 3% in 2023, robust recovery ‘elusive’

By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund expects globa..

Exclusive-Ardian explores taking Italian tower operator INWIT private-sources

Exclusive-Ardian explores taking Italian tower operator INWIT private-sources

By Milana Vinn and Amy-Jo Crowley (Reuters) – French investment firm Ardian is..

Intel wants $5 billion more in German subsidies for chip plant – Bloomberg News

Intel wants $5 billion more in German subsidies for chip plant – Bloomberg News

(Reuters) – Intel Corp is seeking an additional 4 billion to 5 billion euros (..

Bayer hits 8-month high as investors welcome CEO change

Bayer hits 8-month high as investors welcome CEO change

BERLIN (Reuters) -Bayer shares rose as much as 5% in early Thursday trading to an ei..

Michael Kors owner Capri cuts forecasts as demand slows, shares plunge 20%

Michael Kors owner Capri cuts forecasts as demand slows, shares plunge 20%

(Reuters) -Michael Kors owner Capri Holdings Ltd cut its annual profit forecast on W..

BP makes record profit in 2022, slows shift from oil

BP makes record profit in 2022, slows shift from oil

By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP reported on Tuesday a ..

From boom to bottom and now big change: Renault and Nissan reshape alliance

From boom to bottom and now big change: Renault and Nissan reshape alliance

PARIS/TOKYO (Reuters) – French carmaker Renault and its Japanese partner Nissa..

Julius Baer 2022 profits fall as it hits business cycle targets

Julius Baer 2022 profits fall as it hits business cycle targets

ZURICH (Reuters) – Julius Baer on Thursday said net profit fell 12% in 2022 in..