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Exclusive-Canada unfreezes talks with Turkey on export controls after NATO move-source

Exclusive-Canada unfreezes talks with Turkey on export controls after NATO move-source

By Jonathan Spicer and Huseyin Hayatsever ANKARA (Reuters) -Canada has unfrozen talks with Turkey on lifting export controls on drone..

Bosch ups investment in hydrogen, begins fuel-cell power module production

Bosch ups investment in hydrogen, begins fuel-cell power module production

BERLIN (Reuters) – German auto supplier Bosch will invest almost 2.5 billion euros ($2.8 billion) in hydrogen fuel cell technolo..

Elon Musk thinks China is interested in an international AI framework

Elon Musk thinks China is interested in an international AI framework

By Kanishka Singh and Anna Tong WASHINGTON (Reuters) -Billionaire Elon Musk said on Wednesday he thinks China is interested in a coop..

UK’s Domino’s Pizza Group names new CEO

UK’s Domino’s Pizza Group names new CEO

(Reuters) -Domino’s Pizza Group said on Thursday Andrew Rennie, who has served as the Europe chief for a major franchise operat..

Discount retailer Pepco’s sales growth slows

Discount retailer Pepco’s sales growth slows

LONDON (Reuters) -European discount retailer Pepco Group reported a slowdown in underlying sales growth in its latest quarter on Thur..

Big companies toughen banking partner screening after crisis – survey

Big companies toughen banking partner screening after crisis – survey

NEW YORK (Reuters) – Large companies are spreading out their counterparty risk and increasing screening of their banking partner..

Wall Street cheers cool CPI with stock rally; dollar, yields decline

Wall Street cheers cool CPI with stock rally; dollar, yields decline

By Lawrence Delevingne (Reuters) -Wall Street stocks advanced on Wednesday and the dollar and Treasury yields fell after new U.S. inf..

British digital bank Monzo in talks to buy Nordic lender Lunar

British digital bank Monzo in talks to buy Nordic lender Lunar

LONDON (Reuters) – British digital bank Monzo is in early stage discussions about a potential acquisition of Nordic lender Luna..

Germany more flexible on hydrogen transition, emphasises speed – draft

Germany more flexible on hydrogen transition, emphasises speed – draft

FRANKFURT (Reuters) – Germany is set to hold on to its hydrogen economy goals up to 2030 and beyond while pressing for speed an..

Smurfit Kappa eyes wider North Africa expansion after Morocco opening

Smurfit Kappa eyes wider North Africa expansion after Morocco opening

By Padraic Halpin DUBLIN (Reuters) -Europe’s largest paper and packaging producer Smurfit Kappa expects the opening of its firs..

Bank of England says Britain is coping with higher interest rates

Bank of England says Britain is coping with higher interest rates

By David Milliken, Huw Jones and William Schomberg LONDON (Reuters) -Britain’s economy is so far proving resilient to a surge i..

Exclusive-SoftBank considering US listing for its PayPay business – sources

Exclusive-SoftBank considering US listing for its PayPay business – sources

By Sam Nussey and Miho Uranaka TOKYO (Reuters) -SoftBank is considering a U.S. listing for its PayPay payments business, three source..

Oil steadies amid economic concerns, higher U.S. crude stocks

Oil steadies amid economic concerns, higher U.S. crude stocks

By Laura Sanicola and Trixie Yap (Reuters) -Oil prices barely moved on Wednesday as markets weighed a possible build in U.S. crude st..

IBM mulls using its own AI chip in new cloud service to lower costs

IBM mulls using its own AI chip in new cloud service to lower costs

By Stephen Nellis SAN FRANCISCO (Reuters) – International Business Machines (IBM) is considering the use of artificial intellig..

Zara owner boosts sustainability goals as fast-fashion feels the heat

Zara owner boosts sustainability goals as fast-fashion feels the heat

By Corina Pons and Helen Reid MADRID/LONDON (Reuters) -Zara owner Inditex said on Tuesday it will look to recycling and sustainably f..

LG Chem raising $2 billion in exchangeable bonds

LG Chem raising $2 billion in exchangeable bonds

SEOUL (Reuters) – South Korea’s LG Chem Ltd is raising $2 billion in bonds that will exchange for LG Energy Solution Ltd s..

Stocks rise, dollar retreats ahead of inflation data

Stocks rise, dollar retreats ahead of inflation data

By Amanda Cooper LONDON (Reuters) -Global shares rose and the dollar eased on Tuesday ahead of U.S. inflation data that could support..

Heathrow passenger numbers near pre-pandemic levels in June

Heathrow passenger numbers near pre-pandemic levels in June

LONDON (Reuters) – Heathrow Airport, Britain’s busiest, said 7 million passengers traveled through it last month, putting..

U.S. says to move forward with transfer of F-16 jets to Turkey

U.S. says to move forward with transfer of F-16 jets to Turkey

VILNIUS (Reuters) – U.S. President Joe Biden will move forward with the transfer of F-16 fighter jets to Turkey in consultation ..

Analysis-Japan’s changing views on price hikes open door for BOJ policy tweak

Analysis-Japan’s changing views on price hikes open door for BOJ policy tweak

By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) – Japanese consumers may finally be shedding their decades-old frugal min..

Food prices squeeze consumers in June, hot weather boosts summer spending: BRC

Food prices squeeze consumers in June, hot weather boosts summer spending: BRC

By Suban Abdulla LONDON (Reuters) – Unusually hot weather boosted sales of sun screen and barbecue food in Britain last month, ..

Oil rises on OPEC+ cuts, weaker dollar

Oil rises on OPEC+ cuts, weaker dollar

(Reuters) -Oil prices edged higher on Tuesday, recouping some of the losses from the previous session, as traders focused on supply cu..

Apple opens store on China’s WeChat platform

Apple opens store on China’s WeChat platform

BEIJING (Reuters) -Tencent’s WeChat said on Tuesday that iPhone maker Apple had opened a store on its social media platform, mar..

Uniper chief says flexible duration LNG contracts key for Europe

Uniper chief says flexible duration LNG contracts key for Europe

By Nia Williams VANCOUVER (Reuters) – Shorter-duration contracts for LNG purchases will be important for Europe’s diversi..

Turkey backs Sweden’s NATO entry

Turkey backs Sweden’s NATO entry

(Reuters) – Turkey’s President Tayyip Erdogan agreed Monday to support Sweden’s bid to join NATO, a move that will e..

L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender

L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender

BENGALURU (Reuters) – Engineering and construction major Larsen & Toubro on Monday said it struck an agreement with Spanish ..

Metaverse has set off no alarms or need for controls yet – EU’s Vestager

Metaverse has set off no alarms or need for controls yet – EU’s Vestager

By Foo Yun Chee BRUSSELS (Reuters) -The metaverse, shared virtual worlds accessible through the internet, has not triggered any conce..

Nissan will not fill COO position left open by Gupta’s departure

Nissan will not fill COO position left open by Gupta’s departure

TOKYO (Reuters) – Nissan Motor Co has decided to not fill in the chief operating officer position vacated by Ashwani Gupta unde..

Renault CEO says free float of future electric unit will be more than 10%

Renault CEO says free float of future electric unit will be more than 10%

PARIS (Reuters) – A sizeable chunk of Renault’s planned electric vehicle spinoff could remain in free float on the stock ..

Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal

Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal

KUALA LUMPUR (Reuters) –     Petronas said on Tuesday it has signed a development agreement with TotalEnergies Carbon Neutralit..

Dollar holds firm ahead of U.S. durable goods, housing data

Dollar holds firm ahead of U.S. durable goods, housing data

By Rocky Swift TOKYO (Reuters) – The U.S. dollar held its ground against major currencies on Tuesday as tension in Russia simme..

Euronext to sell 11.1% stake in LCH SA to LCH Group

Euronext to sell 11.1% stake in LCH SA to LCH Group

PARIS (Reuters) -European stock market operator Euronext said on Monday it had agreed to sell its 11.1% stake in the European operati..

PwC Australia says staff involved in tax leak face ‘severe’ consequences

PwC Australia says staff involved in tax leak face ‘severe’ consequences

By Lewis Jackson SYDNEY (Reuters) -PricewaterhouseCoopers Australia staff who are found to have acted improperly in a scandal over th..

Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit

Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit

TOKYO (Reuters) – Japan’s Mitsubishi Corp expects no operational problems at the Sakhalin-2 liquefied natural gas (LNG) p..

European shares set for worst week in three months, Siemens Energy plunges

European shares set for worst week in three months, Siemens Energy plunges

By Shreyashi Sanyal (Reuters) -European shares dipped on Friday at the end of a central bank policy-packed week that reinforced views..

UK consumer morale touches 17-month high despite inflation pain – GfK

UK consumer morale touches 17-month high despite inflation pain – GfK

By Suban Abdulla LONDON (Reuters) – British consumer sentiment hit its highest level since January 2022 as households turn more..

Saudi’s SAMI signs pact with Safran Helicopter Engines for engine maintenance

Saudi’s SAMI signs pact with Safran Helicopter Engines for engine maintenance

(Reuters) – State-owned Saudi Arabian Military Industries(SAMI) signed an agreement with France’s Safran Helicopter Engin..