Stellantis to invest 130 million euros in German plant for new Opel electric car
MILAN (Reuters) – Carmaker Stellantis said on Wednesday it would invest 130 million euros ($140 million) in its Eisenach assembl..
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Crop merchant Louis Dreyfus gets profit boost in volatile year
By Gus Trompiz PARIS (Reuters) -Louis Dreyfus Company (LDC) on Wednesday reported a 44% jump in 2022 net profit, joining other global ..
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Banking turmoil will not have knock-on effect on commodities -Trafigura CFO
By Julia Payne LAUSANNE, Switzerland (Reuters) -The recent rout in bank shares will not have a knock-on effect on commodities, global ..
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Britain’s Superdry sells Asia Pacific IP for $50 million
LONDON (Reuters) – Struggling British fashion brand Superdry has sold its intellectual property assets in much of the Asia Pacif..
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UK inflation rate unexpectedly rises to 10.4% in February
By William Schomberg and David Milliken LONDON (Reuters) – British inflation unexpectedly rose to 10.4% in February, pushed up b..
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Syngenta 4Q profit falls as raw material prices increase
ZURICH (Reuters) – Swiss agrichemicals and seeds group Syngenta on Wednesday reported a 25% drop in fourth quarter earnings due ..
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Jittery markets attempt risk-on rally while waiting for Powell
A look at the day ahead in European and global markets from Ankur Banerjee With about 12 hours still to go before the Fed announces it..
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India resists calls for more air access in drive to be global aviation force
By Aditi Shah and Tim Hepher NEW DELHI (Reuters) -India dampened foreign airline hopes for more access to its airports on Tuesday, wit..
News
UK employers see slight fall in pay awards over 2023 – XpertHR
By Suban Abdulla LONDON (Reuters) – British employers expect pay settlements over 2023 as a whole to average 5%, down slightly f..
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Departing Intel exec to focus on loosening Nvidia’s grip on AI for movies, games
By Stephen Nellis (Reuters) -Raja Koduri, the chief architect at Intel Corp, is leaving to start a company that aims to loosen longtim..
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Some Credit Suisse AT1 bondholders seek legal advice -law firms
By Laura Matthews and Chiara Elisei (Reuters) -Law firm Pallas Partners and a Swiss counsel are working on possible legal action for s..
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Global bank bonds claw back losses as markets rout eases
LONDON/SINGAPORE (Reuters) – An uneasy calm descended across battered bank bonds and shares on Tuesday, with prices recovering a..
Finance
Global shares jump but bank ‘whack-a-mole’ not over
By Koh Gui Qing NEW YORK (Reuters) – Global shares jumped on Tuesday after the rescue of Credit Suisse stemmed a rout in equitie..
Finance
Telecom Italia in talks with unions on up to 2,000 job cuts in Italy
MILAN (Reuters) – Telecom Italia (TIM) is seeking to cut as many as 2,000 jobs in Italy through a voluntary early retirement sch..
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Screening of ‘Winnie the Pooh’ horror film cancelled in Hong Kong
By Jessie Pang and Farah Master HONG KONG (Reuters) -The screening of “Winnie the Pooh: Blood and Honey”, a British slashe..
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EXCLUSIVE-Olympics-Paris 2024 plans Games relay changes, fewer torches-source
BERLIN (Reuters) – Paris 2024 Olympic torchbearers may not all get to keep their torches as a cherished memento of the Games bec..
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Portuguese airline TAP swings to profit earlier than expected
LISBON (Reuters) – Portuguese airline TAP swung to a profit in 2022, earlier than expected in its restructuring plan, as rising ..
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Energy bill support pushes UK budget deficit to February record
By Andy Bruce and Sachin Ravikumar LONDON (Reuters) -Britain recorded the largest budget deficit for any February since at least 1993 ..
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KKR sells 50% stake in Spain’s X-elio to partner Brookfield
MADRID (Reuters) – U.S.-based buyout fund KKR has agreed to sell a 50% stake in Spanish renewable energy company X-elio to Canad..
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Maserati aims at driving margins higher before any spin-off talk
By Giulio Piovaccari MILAN (Reuters) – Maserati aims to increase its margin on operating profit to 15% in the next 12 months and..
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Dollar pauses for breath as Fed swings into focus
By Rae Wee SINGAPORE (Reuters) – The dollar steadied in a holiday-thinned Asia session on Tuesday, though it struggled to lift f..
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SSE to invest $122 million in Scottish pumped hydro project
LONDON (Reuters) – British power generator SSE will invest 100 million pounds ($122 million) in a Scottish pumped hydro scheme w..
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EU’s EIB to override Turkey lending ban with earthquake aid
By Marc Jones LONDON (Reuters) -The European Union’s lending arm, the European Investment Bank, is to temporarily override its n..
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U.S. oil exports to Europe hit record in March on steep discounts
By Arathy Somasekhar HOUSTON (Reuters) – U.S. crude exports to Europe have hit a record 2.1 million barrels per day on average s..
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Döner Shack set to launch in London
The fast-growing Berlin-street food brand opens with five-day giveaway It’s official, the Berlin-street food brand Döner Shack is set..
Business
Scratched EV battery? Your insurer may have to junk the whole car
By Nick Carey, Paul Lienert and Sarah McFarlane LONDON/DETROIT (Reuters) -For many electric vehicles, there is no way to repair or ass..
Technology
Bank shares rise after Credit Suisse rescue eases crisis
By Amanda Cooper and John Revill (Reuters) -U.S. banking stocks rose on Monday and Europe’s lenders recovered from a sharp early..
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Top makeup brands
Maybelline is one of the top makeup brands in the world and has been delivering top-quality cosmetics since 1915. Founded by entrepre..
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5 surprise mini brands
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Top luggage brands
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Business
Harvey Maria launches new authentic stone & wood designs
Harvey Maria has added a new collection of authentic wood effect luxury vinyl tiles to their award-winning MSeries. Selected Wo..
Business
AMS announces new partnership with Tesco Bank
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Business
Sterling rises as receding bank sector worries lift sentiment
LONDON (Reuters) – Sterling rose against the dollar on Friday, after a series of lifelines for struggling banks helped restore s..
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UK’s Ofcom delays BT fibre pricing decision after CEO remarks
By Paul Sandle LONDON (Reuters) -Britain’s telecoms regulator needs more time to consider BT’s wholesale pricing, it said ..
Business
What is Generative AI, the technology behind OpenAI’s ChatGPT?
(Reuters) – Generative artificial intelligence has become a buzzword this year, capturing the public’s fancy and sparking ..
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Farming and tourism under threat as winter drought dries up France’s Lake Montbel
By Manuel Ausloos PARIS (Reuters) – Set at foot of the Pyrenees mountains, Lake Montbel is famous in south-west France for its t..
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Volkswagen to invest in mines in bid to become global battery supplier
By Victoria Waldersee BERLIN (Reuters) -Volkswagen plans to invest in mines to bring down the cost of battery cells, meet half of its ..
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