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Automakers hope for a cut as two-way EV charging becomes real

Automakers hope for a cut as two-way EV charging becomes real

  By Nick Carey and Victoria Waldersee LONDON (Reuters) – Automakers fro..

UK supermarket Asda says 2023 underlying profit up 24%

UK supermarket Asda says 2023 underlying profit up 24%

LONDON (Reuters) – Asda, Britain’s third biggest supermarket group, repo..

Scotland ditches 2030 climate target to cut emissions by 75%

Scotland ditches 2030 climate target to cut emissions by 75%

LONDON (Reuters) -Scotland on Thursday scrapped its target of cutting climate-damagi..

Meta releases early versions of its Llama 3 AI modelMeta releases early versions of its Llama 3 AI model

Meta releases early versions of its Llama 3 AI modelMeta releases early versions of its Llama 3 AI model

NEW YORK (Reuters) – Meta Platforms on Thursday released early versions of its..

Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets

Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets

(Reuters) -Global growth will likely slow this year and major central banks across ..

ABB more confident about 2024 despite China slowdown

ABB more confident about 2024 despite China slowdown

By John Revill ZURICH (Reuters) -ABB expects faster revenue growth in the coming mo..

Danone beats first-quarter sales forecasts, keeps 2024 goals

Danone beats first-quarter sales forecasts, keeps 2024 goals

PARIS/LONDON (Reuters) -Danone posted stronger-than-expected quarterly sales on Thur..

Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

(This April 16 story has been refiled to correct the grammar in paragraph 6) HONG KO..

EU considers bringing emissions removal credits into carbon market

EU considers bringing emissions removal credits into carbon market

FLORENCE (Reuters) – The European Union is looking into whether to bring emiss..

Prince Harry says travel industry must do more for local communities

Prince Harry says travel industry must do more for local communities

LONDON (Reuters) – Britain’s Prince Harry said it was crucial the trave..

Navigation firm TomTom posts operating loss as auto sales slow

Navigation firm TomTom posts operating loss as auto sales slow

(Reuters) -Digital mapping company TomTom’s operating result turned to a wider..

Just Eat Takeaway’s Q1 orders ‘disappoint’, shares fall

Just Eat Takeaway’s Q1 orders ‘disappoint’, shares fall

(Reuters) -Just Eat Takeaway reported first-quarter orders below expectations on We..

LVMH shares rise after luxury giant’s Q1 sales offer element of reassurance

LVMH shares rise after luxury giant’s Q1 sales offer element of reassurance

PARIS (Reuters) – LVMH shares rose on Wednesday, after the first quarter sale..

UK inflation slows by less than expected to 3.2% in March

UK inflation slows by less than expected to 3.2% in March

LONDON (Reuters) -British consumer price inflation slowed by less than expected to a..

Analysis-Painful high rates wake-up call threatens global markets

Analysis-Painful high rates wake-up call threatens global markets

By Naomi Rovnick LONDON (Reuters) – Fear that interest rates in major economi..

Superdry plans to go private as it kicks off three-year turnaround plan

Superdry plans to go private as it kicks off three-year turnaround plan

(Reuters) -British fashion chain Superdry announced a three-year restructuring plan..

Jaguar develops energy-storage unit using Range Rover batteries

Jaguar develops energy-storage unit using Range Rover batteries

By Nick Carey LONDON (Reuters) – Jaguar Land Rover has developed a mobile ene..

Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2

Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2

(Reuters) -Telecom equipment maker Ericsson reported on Tuesday a first-quarter adj..

Swiss chemicals maker Sika posts 13.8% jump in Q1 sales

Swiss chemicals maker Sika posts 13.8% jump in Q1 sales

(Reuters) -Swiss chemicals maker Sika AG on Tuesday reported a 13.8% increase in it..

Stocks tumble, dollar firms amid geopolitical risk, mixed central bank views

Stocks tumble, dollar firms amid geopolitical risk, mixed central bank views

By Lewis Krauskopf and Naomi Rovnick NEW YORK/LONDON (Reuters) -U.S. stocks sold of..

Oil slips as risk premium eases after Iran attack

Oil slips as risk premium eases after Iran attack

NEW YORK (Reuters) -Oil prices sank by about $1 a barrel on Monday after Iran̵..

Dollar jumps, yen weakest since 1990 after strong U.S. retail sales

Dollar jumps, yen weakest since 1990 after strong U.S. retail sales

By Karen Brettell NEW YORK (Reuters) – The dollar reached its highest since e..

Greece to spend 780 million euros to protect marine biodiversity, PM says

Greece to spend 780 million euros to protect marine biodiversity, PM says

ATHENS (Reuters) – Greece is pushing ahead with 21 initiatives worth 780 milli..

UK fintechs ask government for help to ease capital shortages

UK fintechs ask government for help to ease capital shortages

LONDON (Reuters) -Leaders of the UK’s financial technology industry are urgi..

BNP Paribas to become top investor in Belgian insurer Ageas

BNP Paribas to become top investor in Belgian insurer Ageas

PARIS/HONG KONG (Reuters) -BNP Paribas, the euro zone’s biggest bank, has agr..

Hungary to consider fuel price intervention, says economy minister

Hungary to consider fuel price intervention, says economy minister

BUDAPEST (Reuters) – Hungary’s government will consider whether to enfo..

Recruiter PageGroup’s quarterly profit slumps 13% as hiring remains subdued

Recruiter PageGroup’s quarterly profit slumps 13% as hiring remains subdued

(Reuters) – UK’s PageGroup reported on Monday a nearly 13% drop in grou..

Home improvement retailer Kingfisher names Claudia Arney as new chair

Home improvement retailer Kingfisher names Claudia Arney as new chair

LONDON (Reuters) – European home improvement retailer Kingfisher said on Mond..

Analysis-Europe stands firm against US-driven ESG backlash

Analysis-Europe stands firm against US-driven ESG backlash

(Reuters) – Steady investor demand in Europe for environmental and socially re..

ECB holds rates, signals rate cut on horizon

ECB holds rates, signals rate cut on horizon

LONDON (Reuters) -The European Central Bank kept interest rates unchanged on Thurs..

Oil prices edge up on escalation in Middle East tensions

Oil prices edge up on escalation in Middle East tensions

By Emily Chow SINGAPORE (Reuters) -Oil prices ticked up during trade on Thursday, a..

ECB to set up June rate cut after rapid disinflation

ECB to set up June rate cut after rapid disinflation

FRANKFURT (Reuters) -The European Central Bank is all but certain to keep borrowing ..

Asian shares fall on U.S. rate scare, yen plumbs 34-yr low

Asian shares fall on U.S. rate scare, yen plumbs 34-yr low

By Stella Qiu SYDNEY (Reuters) – Asian shares tracked Wall Street lower on Th..

Paris Olympics on track to hit NBC ad sales record after pandemic

Paris Olympics on track to hit NBC ad sales record after pandemic

(Reuters) – As the July opening ceremony for the 2024 Paris Olympics draws c..

U.N. climate chief says two years to save the planet

U.N. climate chief says two years to save the planet

By Kate Abnett and Simon Jessop LONDON/BRUSSELS (Reuters) -Governments, business le..

Companies get green light to use offsets for supply chain emissions

Companies get green light to use offsets for supply chain emissions

By Simon Jessop LONDON (Reuters) -A leading judge of corporate climate action plans..

UK equities end volatile session higher as investors ponder rate outlook

UK equities end volatile session higher as investors ponder rate outlook

By Sruthi Shankar, Khushi Singh and Pranav Kashyap (Reuters) -UK equities closed We..