Headlines

EU seeks clarification on Italy post-COVID plan, freezes 19 billion euros

EU seeks clarification on Italy post-COVID plan, freezes 19 billion euros

By Giuseppe Fonte and Gavin Jones ROME (Reuters) – The European Commission has..

BoE’s Bailey says rate-setters can put inflation before bank worries

BoE’s Bailey says rate-setters can put inflation before bank worries

By William Schomberg and Andy Bruce LONDON/MANCHESTER (Reuters) -Bank of England Gov..

UK oil, gas firms to leave year’s worth of output in ground with tax hikes-report

UK oil, gas firms to leave year’s worth of output in ground with tax hikes-report

LONDON (Reuters) – Windfall taxes mean oil and gas producers in the British No..

UK retailers turn positive on sales hopes after bleak winter

UK retailers turn positive on sales hopes after bleak winter

LONDON (Reuters) – British retailers reported their first positive sales expec..

Li-Cycle to build French battery processing facility

Li-Cycle to build French battery processing facility

By Ernest Scheyder (Reuters) – Li-Cycle Holdings Corp said on Monday it will b..

Hungary’s booming wedding market doused by soaring inflation

Hungary’s booming wedding market doused by soaring inflation

By Gergely Szakacs and Krisztina Fenyo BUDAPEST (Reuters) – Soaring inflation ..

Credit Agricole launches China M&A and investment banking business

Credit Agricole launches China M&A and investment banking business

HONG KONG (Reuters) – Credit Agricole, France’s second-biggest listed ba..

U.S. mid-tier lenders shares rise in Frankfurt after SVB deal

U.S. mid-tier lenders shares rise in Frankfurt after SVB deal

LONDON (Reuters) – The Frankfurt-listed shares of several mid-tier U.S. lender..

UK’s competition watchdog to examine EDF buying GE’s nuclear turbine unit

UK’s competition watchdog to examine EDF buying GE’s nuclear turbine unit

(Reuters) – UK’s anti-trust regulator said on Monday it was looking into..

In inflation-hit Germany, massive strike over pay to cripple transport

In inflation-hit Germany, massive strike over pay to cripple transport

By Klaus Lauer and Tom Sims BERLIN/FRANKFURT (Reuters) – A massive strike in G..

Marketmind: Banks are leaking money

Marketmind: Banks are leaking money

A look at the day ahead in European and global markets from Wayne Cole It’s be..

Oil markets steady as investors weigh banking crisis, Russia

Oil markets steady as investors weigh banking crisis, Russia

By Mohi Narayan and Florence Tan (Reuters) -Oil prices stabilised in Asian trade on ..

How the 2023 banking crisis unfolded

How the 2023 banking crisis unfolded

(Reuters) – Global banks are staring at the biggest crisis since 2008 after tw..

Amazon, other retailers revamp ‘free’ shipping as costs soar

Amazon, other retailers revamp ‘free’ shipping as costs soar

By Lisa Baertlein LOS ANGELES (Reuters) – There is no such thing as free shipp..

S&P Global fined 1.1 million euros for premature credit rating publications

S&P Global fined 1.1 million euros for premature credit rating publications

By Marc Jones LONDON (Reuters) -The European Union’s securities watchdog has f..

UK’s J D Wetherspoon returns to profit as supply issues ease

UK’s J D Wetherspoon returns to profit as supply issues ease

(Reuters) -British pub group J D Wetherspoon Plc on Friday posted a return to half-y..

StanChart CEO says AT1 bond wipeout has profound impact

StanChart CEO says AT1 bond wipeout has profound impact

By Selena Li HONG KONG (Reuters) -Standard Chartered Chief Executive Bill Winters sa..

UK consumer mood hits one-year high, but financial gloom persists

UK consumer mood hits one-year high, but financial gloom persists

(Reuters) – British consumer confidence rose this month to its highest level i..

Tourists to get chance to walk in King Charles’ coronation footsteps

Tourists to get chance to walk in King Charles’ coronation footsteps

LONDON (Reuters) – London’s Westminster Abbey said visitors will get the..

Denmark invites Nord Stream operator to help salvage unidentified object

Denmark invites Nord Stream operator to help salvage unidentified object

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Denmark on Thursday invited ..

Virgin Orbit says space startup in talks with potential investors

Virgin Orbit says space startup in talks with potential investors

(Reuters) – Billionaire Richard Branson’s cash-strapped satellite launch..

New York holds top spot, London second in Z/Yen financial centre survey

New York holds top spot, London second in Z/Yen financial centre survey

LONDON (Reuters) – New York kept the top spot in the latest rankings of global..

Norway wealth fund to vote for labour rights motion at Starbucks AGM

Norway wealth fund to vote for labour rights motion at Starbucks AGM

OSLO (Reuters) – Norway’s $1.3 trillion wealth fund, one of the world..

Swiss National Bank raises rates, says bank crisis stopped

Swiss National Bank raises rates, says bank crisis stopped

By John Revill ZURICH (Reuters) -The Swiss National Bank raised its benchmark intere..

HSBC appoints new markets head amid wider investment bank reshuffle

HSBC appoints new markets head amid wider investment bank reshuffle

By Lawrence White LONDON (Reuters) – HSBC has appointed Patrick George as head..

Zur Rose delays profitability break-even to 2024

Zur Rose delays profitability break-even to 2024

By Anastasiia Kozlova and Tristan Chabba (Reuters) – Swiss online drug retaile..

Oil spills and near misses: more ghost tankers ship sanctioned fuel

Oil spills and near misses: more ghost tankers ship sanctioned fuel

By Jonathan Saul LONDON (Reuters) – An oil tanker runs aground off eastern Chi..

Oil dips after Fed comments, US crude stock build

Oil dips after Fed comments, US crude stock build

By Stephanie Kelly and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices fell on Thursday ..

Bitcoin falls 4.5% to $26,916

Bitcoin falls 4.5% to $26,916

(Reuters) – Bitcoin dropped 4.5% to $26,916 at 20:07 GMT on Wednesday, losing ..

Inflation boosts Jeronimo Martins’ Q4 profit but dents margins

Inflation boosts Jeronimo Martins’ Q4 profit but dents margins

LISBON (Reuters) – Portugal’s second-largest retailer Jeronimo Martins o..

Exclusive-Ardian explores taking Italian tower operator INWIT private-sources

Exclusive-Ardian explores taking Italian tower operator INWIT private-sources

By Milana Vinn and Amy-Jo Crowley (Reuters) – French investment firm Ardian is..

Oil up 2% as dollar weakens on small US Fed rate hike

Oil up 2% as dollar weakens on small US Fed rate hike

By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 2% to a one-week high on..

Fed in spotlight with US focus on stability, First Republic

Fed in spotlight with US focus on stability, First Republic

By Nupur Anand, Andrea Shalal and Balazs Koranyi (Reuters) – U.S. authorities ..

Stellantis to invest 130 million euros in German plant for new Opel electric car

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 mi..

Crop merchant Louis Dreyfus gets profit boost in volatile year

Crop merchant Louis Dreyfus gets profit boost in volatile year

By Gus Trompiz PARIS (Reuters) -Louis Dreyfus Company (LDC) on Wednesday reported a ..

Banking turmoil will not have knock-on effect on commodities -Trafigura CFO

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 ..

Britain’s Superdry sells Asia Pacific IP for $50 million

Britain’s Superdry sells Asia Pacific IP for $50 million

LONDON (Reuters) – Struggling British fashion brand Superdry has sold its inte..