News

Global carbon removal market could reach $100 billion/yr from 2030-35, report says

Global carbon removal market could reach $100 billion/yr from 2030-35, report says

LONDON (Reuters) – The global market for carbon dioxide (CO2) removal credits ..

US dollar retreats after weak economic data; yen gets minor relief

US dollar retreats after weak economic data; yen gets minor relief

NEW YORK/LONDON (Reuters) -The yen edged up from a 38-year low against the U.S. do..

Chinese-owned chipmaker Nexperia invests $200 million in European expansion

Chinese-owned chipmaker Nexperia invests $200 million in European expansion

By Toby Sterling AMSTERDAM/HAMBURG (Reuters) – Nexperia, one of the worldR..

UBS’s new wealth management co-leaders announce reshuffle

UBS’s new wealth management co-leaders announce reshuffle

By Noele Illien and Oliver Hirt ZURICH (Reuters) – UBS is making changes to i..

UK retailer Halfords posts lower annual profit

UK retailer Halfords posts lower annual profit

(Reuters) -British bicycle and car products retailer Halfords Group reported a fall ..

Nokia sells submarine networks business ASN to French state

Nokia sells submarine networks business ASN to French state

COPENHAGEN (Reuters) – Nokia on Thursday said it had agreed to sell its subma..

BP halts hiring, slows renewables roll-out to win over investors

BP halts hiring, slows renewables roll-out to win over investors

By Ron Bousso LONDON (Reuters) – BP’s new CEO Murray Auchincloss has im..

SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports

SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports

(Reuters) – Japanese technology investor SoftBank Group Corp’s Vision F..

Dollar hits 38-year high vs yen; stocks mostly ease

Dollar hits 38-year high vs yen; stocks mostly ease

By Caroline Valetkevitch NEW YORK (Reuters) -The dollar hit a fresh 38-year high ag..

Euro zone yields edge up before inflation data, caution over France

Euro zone yields edge up before inflation data, caution over France

By Stefano Rebaudo (Reuters) -Euro zone government bond yields rose on Wednesday ..

Yen tumbles to 38-year low vs dollar as likely Japan intervention looms

Yen tumbles to 38-year low vs dollar as likely Japan intervention looms

By Gertrude Chavez-Dreyfuss and Harry Robertson NEW YORK/LONDON (Reuters) –..

UK retail sales go into reverse this month, CBI survey shows

UK retail sales go into reverse this month, CBI survey shows

(Reuters) -British retail sales softened this month after a recovery in May, and st..

Aussie dollar jumps on inflation spike, while yen stays under pressure

Aussie dollar jumps on inflation spike, while yen stays under pressure

By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) -The Australian dol..

Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say

Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say

Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say By ..

Miner BHP’s carbon emissions to rise slightly this year

Miner BHP’s carbon emissions to rise slightly this year

By Melanie Burton MELBOURNE (Reuters) -BHP Group’s operational carbon emissio..

Analysis-France may be next test of the euro’s foundations

Analysis-France may be next test of the euro’s foundations

FRANKFURT/PARIS (Reuters) – “Because it’s France” was how Je..

Covestro eyes 400 million eur in cost cuts after ADNOC talks intensify

Covestro eyes 400 million eur in cost cuts after ADNOC talks intensify

(Reuters) – Covestro, the German chemicals maker in talks to be acquired by AD..

Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows

Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows

TOKYO (Reuters) – Toyota sold $2 billion worth of cross shareholdings of list..

Oil prices steady as inflation worries limit summer demand optimism

Oil prices steady as inflation worries limit summer demand optimism

By Emily Chow SINGAPORE (Reuters) – Oil prices were little changed on Tuesday..

Asian shares subdued, yen hits record low versus euro

Asian shares subdued, yen hits record low versus euro

By Stella Qiu SYDNEY (Reuters) – Asian shares were subdued on Tuesday while t..

China’s BYD launches third EV model in Japan

China’s BYD launches third EV model in Japan

TOKYO (Reuters) -China’s BYD launched its third electric vehicle in Japan, it..

London’s FTSE 100 flat; energy, miners lead decline

London’s FTSE 100 flat; energy, miners lead decline

(Reuters) – London’s FTSE 100 was flat on Monday as investors turned ca..

Mike Ashley’s Frasers buys THG’s portfolio of luxury goods websites

Mike Ashley’s Frasers buys THG’s portfolio of luxury goods websites

(Reuters) -British e-commerce firm THG has agreed to sell its portfolio of luxury g..

Prosus full-year core headline earnings jump 84%

Prosus full-year core headline earnings jump 84%

(Reuters) – Dutch technology investor Prosus core headline earnings jumped 84%..

Oil eases as strong dollar weighs on commodities markets

Oil eases as strong dollar weighs on commodities markets

By Florence Tan SINGAPORE (Reuters) -Oil prices inched down on Monday as concerns o..

German residential property prices keep falling in Q1

German residential property prices keep falling in Q1

(Adds missing economist name in paragraph 6) BERLIN (Reuters) -German residential p..

UK’s Britvic rejects revised takeover proposal from Carlsberg

UK’s Britvic rejects revised takeover proposal from Carlsberg

(Reuters) – British soft drinks maker Britvic rejected a revised, unsolicited..

Analysis-Consumer-focused lending under Labour could dent UK bank profits

Analysis-Consumer-focused lending under Labour could dent UK bank profits

LONDON (Reuters) – Once seen as hostile to banks, Britain’s Labour has c..

Asian shares end the week with a whimper, yen back to intervention watch

Asian shares end the week with a whimper, yen back to intervention watch

SYDNEY (Reuters) -Asian shares are ending the week with a whimper after a recent ral..

Swiss National Bank presses ahead as rate cutting front-runner

Swiss National Bank presses ahead as rate cutting front-runner

ZURICH(Reuters) -The Swiss National Bank cut interest rates on Thursday for the seco..

Analysis-UK markets jolted back to life by rate cut hopes, election buzz

Analysis-UK markets jolted back to life by rate cut hopes, election buzz

By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Traders upped bets for ..

Accenture forecasts 2024 revenue growth above estimates on AI demand

Accenture forecasts 2024 revenue growth above estimates on AI demand

Accenture forecasts 2024 revenue growth above estimates on AI demand (Reuters) -IT s..

Italy boosts crypto risk oversight and toughens sanctions, draft shows

Italy boosts crypto risk oversight and toughens sanctions, draft shows

ROME (Reuters) – Italy plans to adopt measures to beef up surveillance over r..

Morning Bid: Bailey likely to bail on rate change

Morning Bid: Bailey likely to bail on rate change

A look at the day ahead in European and global markets from Ankur Banerjee British ..

Credit Suisse collapse showed weakness in regulatory framework: SNB

Credit Suisse collapse showed weakness in regulatory framework: SNB

ZURICH (Reuters) – The collapse of Swiss bank Credit Suisse last year has high..

Asian stocks hold on to gains; BoE in focus

Asian stocks hold on to gains; BoE in focus

SINGAPORE (Reuters) – Asian stocks took a breather on Thursday, hovering near ..

UK election pledges fall short of $48 billion health funding gap, think tank says

UK election pledges fall short of $48 billion health funding gap, think tank says

LONDON (Reuters) – Election pledges by Britain’s governing Conservative..