News

NatWest limits customers’ crypto transfers, citing scam concerns

NatWest limits customers’ crypto transfers, citing scam concerns

By Elizabeth Howcroft LONDON (Reuters) – Britain’s NatWest has imposed n..

London fears losing luxury shoppers to Paris and Milan

London fears losing luxury shoppers to Paris and Milan

By James Davey and Sarah Young LONDON (Reuters) – London’s luxury retail..

Meta to cut 10,000 jobs in second round of layoffs

Meta to cut 10,000 jobs in second round of layoffs

By Katie Paul and Nivedita Balu (Reuters) -Facebook-parent Meta Platforms said on Tu..

MFE offers to buy 1.05% stake in Mediaset Espana from Vivendi ahead of delisting

MFE offers to buy 1.05% stake in Mediaset Espana from Vivendi ahead of delisting

(Reuters) – MFE-Mediaforeurope said on Tuesday it agreed with Vivendi to buy a..

ING toughens oil and gas policy to include trade finance, midstream

ING toughens oil and gas policy to include trade finance, midstream

By Virginia Furness LONDON (Reuters) – Dutch lender ING on Tuesday said it had..

Sainsbury’s pays $524 million for full ownership of store investment vehicles

Sainsbury’s pays $524 million for full ownership of store investment vehicles

LONDON (Reuters) -British supermarket Sainsbury’s said on Tuesday it would tak..

Fraport sees 2023 passenger traffic at 80-90% of pre-pandemic levels

Fraport sees 2023 passenger traffic at 80-90% of pre-pandemic levels

(Reuters) – Frankfurt Airport operator Fraport on Tuesday said it expected pas..

Tennis-Panic attack ends Tsurenko’s Indian wells, as Raducanu marches on

Tennis-Panic attack ends Tsurenko’s Indian wells, as Raducanu marches on

(Reuters) -Emma Raducanu scored her biggest win since a run to the U.S. Open title b..

Australia’s nuclear submarine plan to cost up to $245 billion by 2055 -defence official

Australia’s nuclear submarine plan to cost up to $245 billion by 2055 -defence official

By Lewis Jackson CANBERRA (Reuters) -Australia’s nuclear-powered submarine pro..

British EV startup Arrival gets $300 million funding, aims to slow cash-burn

British EV startup Arrival gets $300 million funding, aims to slow cash-burn

(Reuters) -Electric-vehicle (EV) startup Arrival on Monday got a $300 million equity..

UniCredit shareholders urged to reject CEO Orcel’s pay rise

UniCredit shareholders urged to reject CEO Orcel’s pay rise

By Valentina Za MILAN (Reuters) – Leading governance adviser Institutional Sha..

Meta to wind down NFTs on platforms amid crypto bust

Meta to wind down NFTs on platforms amid crypto bust

(Reuters) -Meta Platforms Inc is cutting off support for digital collectibles or non..

Swiss regulator monitoring banks and insurers after SVB collapse

Swiss regulator monitoring banks and insurers after SVB collapse

ZURICH (Reuters) – Swiss financial regulator FINMA on Monday said it was seeki..

Britain’s tax take risks blowing green energy off target

Britain’s tax take risks blowing green energy off target

By Susanna Twidale and Shadia Nasralla LONDON (Reuters) – A cap on revenue and..

Tesco to charge online, Booker suppliers new fulfilment charge

Tesco to charge online, Booker suppliers new fulfilment charge

LONDON (Reuters) – Britain’s Tesco has told the suppliers of its online ..

Bristol Myers, Pfizer, AbbVie drugs likely to face U.S. price negotiation

Bristol Myers, Pfizer, AbbVie drugs likely to face U.S. price negotiation

By Michael Erman, Patrick Wingrove and Ahmed Aboulenein NEW YORK/WASHINGTON (Reuters..

Britain toughens up diversity targets for UK companies

Britain toughens up diversity targets for UK companies

By Huw Jones LONDON (Reuters) – Britain’s top listed and private compani..

The pound, gilts and stocks: likely winners and losers from UK budget

The pound, gilts and stocks: likely winners and losers from UK budget

By Lucy Raitano, Samuel Indyk and Joice Alves LONDON (Reuters) – Britain’..

HSBC acquires British arm of stricken Silicon Valley Bank

HSBC acquires British arm of stricken Silicon Valley Bank

By Iain Withers LONDON (Reuters) -HSBC said on Monday it is acquiring the UK subsidi..

Novartis launches new $11 billion share buyback

Novartis launches new $11 billion share buyback

ZURICH (Reuters) -Novartis has formally launched its new share buyback programme whe..

Mobile games developer Huuuge says has $24.2 million at SVB

Mobile games developer Huuuge says has $24.2 million at SVB

(Reuters) – Mobile games developer Huuuge Inc said late on Saturday about 10% ..

US stock futures, bonds rally as markets flirt with Fed pause

US stock futures, bonds rally as markets flirt with Fed pause

By Wayne Cole SYDNEY (Reuters) – U.S. stock futures rallied in tense Asian tra..

Over a dozen Chinese-based firms say they have minimal exposure to SVB

Over a dozen Chinese-based firms say they have minimal exposure to SVB

HONG KONG (Reuters) -Over a dozen Hong Kong-listed companies have stepped forward to..

S&P Global acquires firm to bolster capability to track commodity shipments

S&P Global acquires firm to bolster capability to track commodity shipments

SINGAPORE (Reuters) – S&P Global Commodity Insights said on Monday it has ..

Britain delays major rail project HS2 as costs soar again

Britain delays major rail project HS2 as costs soar again

LONDON (Reuters) -Britain said on Thursday it would delay building parts of a new hi..

Markets start signalling Fed may be going too far – Amundi

Markets start signalling Fed may be going too far – Amundi

By Yoruk Bahceli (Reuters) – Recent moves in bond and equity markets show that..

Aviva boosts investor payouts after profit beat

Aviva boosts investor payouts after profit beat

By Iain Withers LONDON (Reuters) -Aviva hiked its payouts to investors on Thursday, ..

GSK expects US launch of RSV vaccine with no supply issues

GSK expects US launch of RSV vaccine with no supply issues

By Maggie Fick LONDON (Reuters) -GSK expects to launch its respiratory syncytial vir..

UK’s Domino’s expects tech investments to hit 2023 profit

UK’s Domino’s expects tech investments to hit 2023 profit

(Reuters) -Britain’s Domino’s Pizza Group Plc said on Thursday its profi..

Deutsche Post raises annual dividend; warns of challenging 2023

Deutsche Post raises annual dividend; warns of challenging 2023

BERLIN (Reuters) – Deutsche Post increased its dividend for 2022 to 1.85 euros..

Oil near flat as US crude stock draw contends with economic concerns

Oil near flat as US crude stock draw contends with economic concerns

By Stephanie Kelly (Reuters) – Oil prices were near flat on Thursday, as a lar..

Brazil to resume visa requirements for US, Japan, Australia, Canada -sources

Brazil to resume visa requirements for US, Japan, Australia, Canada -sources

By Lisandra Paraguassu BRASILIA (Reuters) – Brazil has decided to resume entry..

Europe experienced second-warmest winter on record

Europe experienced second-warmest winter on record

By Kate Abnett BRUSSELS (Reuters) – Europe is emerging from its second-warmest..

GE’s investors seek solutions to renewable energy, supply chain challenges

GE’s investors seek solutions to renewable energy, supply chain challenges

By Rajesh Kumar Singh CHICAGO (Reuters) – When General Electric Co’s inv..

Spotify listeners cross half a billion mark

Spotify listeners cross half a billion mark

(Reuters) -Spotify Technology SA said on Wednesday it would roll out new features li..

PwC hit with $8.9 million penalty for ‘serious breaches’ on Babcock audits

PwC hit with $8.9 million penalty for ‘serious breaches’ on Babcock audits

By Iain Withers LONDON (Reuters) -Britain’s auditing watchdog has imposed a 7...

UK to avoid recession this year but outlook still weak, BCC says

UK to avoid recession this year but outlook still weak, BCC says

By Suban Abdulla LONDON (Reuters) – The British Chambers of Commerce (BCC) for..