News

Europe’s brief window of market outperformance swings shut

Europe’s brief window of market outperformance swings shut

Part of the European market’s outperformance earlier this year was down to low expectations. European shares traded at their bi..

Crypto investors step up risk management after last year’s meltdowns

Crypto investors step up risk management after last year’s meltdowns

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UK self-driving car dreams could break down at the starting line

UK self-driving car dreams could break down at the starting line

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Oil rises on Saudi plan to deepen output cuts from July

Oil rises on Saudi plan to deepen output cuts from July

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Factbox-Companies invest in EV battery factories in Europe

Factbox-Companies invest in EV battery factories in Europe

Sweden’s Northvolt said on May 13 it will invest 3-5 billion euros ($3.3-5.5 billion) in an EV battery plant in Heide in the no..

Dollar nudges lower as U.S. debt ceiling deal dents safe-haven appeal

Dollar nudges lower as U.S. debt ceiling deal dents safe-haven appeal

In Europe, the euro was down just 0.14% at $1.0717, showing little immediate reaction to news of a snap election in Spain. Spanish Pr..

Oil gains after US leaders strike debt deal

Oil gains after US leaders strike debt deal

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Failed moon landing caused by altitude miscalculation, Japan startup says

Failed moon landing caused by altitude miscalculation, Japan startup says

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Dollar set for third week of gains as US debt talks loom large

Dollar set for third week of gains as US debt talks loom large

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Explainer-How Wall Street is preparing for possible US debt default

Explainer-How Wall Street is preparing for possible US debt default

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France to host pro-nuclear meet to push for EU recognition of climate benefits

France to host pro-nuclear meet to push for EU recognition of climate benefits

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Audit finds holes in ECB’s management of bank credit risk

Audit finds holes in ECB’s management of bank credit risk

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E.ON to hit upper end of 2023 outlook after strong Q1

E.ON to hit upper end of 2023 outlook after strong Q1

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Uber rival Bolt seeks to turn profitable next year, IPO in 2025

Uber rival Bolt seeks to turn profitable next year, IPO in 2025

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Analysis-Battle for China’s electric SUV market heats up at home and abroad

Analysis-Battle for China’s electric SUV market heats up at home and abroad

Xpeng, Leapmotor and others have fired back with their own discounts, while BYD offered a discount of $1,000 on its market-leading So..

BNP Paribas first-quarter revenue beats as trading outperforms

BNP Paribas first-quarter revenue beats as trading outperforms

BNP’s first-quarter sales were up by 1.4% from a year earlier to 12.03 billion euros, driven by its investment bank and its com..

Tech CEOs wax poetic on AI, big adds to sales will take time

Tech CEOs wax poetic on AI, big adds to sales will take time

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Testing waters, Hungary’s central bank flags cut in top end of rate corridor

Testing waters, Hungary’s central bank flags cut in top end of rate corridor

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Analysis-Rocket startups face adapt-or-die moment amid investment drought

Analysis-Rocket startups face adapt-or-die moment amid investment drought

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Oil gains after IEA sees demand rising to record high

Oil gains after IEA sees demand rising to record high

By Ron Bousso LONDON (Reuters) -Oil prices rose on Friday after the West’s energy watchdog said it expected global demand to ri..

Recruiter Hays boosted by record net fees, but cautious on outlook

Recruiter Hays boosted by record net fees, but cautious on outlook

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Stocks and gold cheer U.S. inflation picture, while dollar slides

Stocks and gold cheer U.S. inflation picture, while dollar slides

Goldman Sachs’ chief economist Jan Hatzius sounded upbeat, noting risks of an outright banking crisis have declined sharply sin..

Sovereign debtors, creditors agree on steps to jumpstart debt restructurings

Sovereign debtors, creditors agree on steps to jumpstart debt restructurings

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British doctors’ strikes risk patient safety, minister says

British doctors’ strikes risk patient safety, minister says

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Factbox-From holy oil to sceptres and a spoon: King Charles’ coronation ceremony

Factbox-From holy oil to sceptres and a spoon: King Charles’ coronation ceremony

LONDON (Reuters) – The ceremony for King Charles’s coronation at Westminster Abbey in London on May 6 will involve histori..

Apollo assures investors deposit flight won’t spill over to Athene

Apollo assures investors deposit flight won’t spill over to Athene

By Chibuike Oguh (Reuters) – Apollo Global Management Inc has been telling investors and analysts in the last few days that its ..

Asian stocks rally as bank jitters calm, Alibaba lifts mood

Asian stocks rally as bank jitters calm, Alibaba lifts mood

By Ankur Banerjee SINGAPORE (Reuters) – Asian shares surged on Wednesday as easing concerns over the banking sector revived risk..

Euro 7 emissions proposals, the sequel Europe’s carmakers don’t want to see

Euro 7 emissions proposals, the sequel Europe’s carmakers don’t want to see

By Christina Amann and Marie Mannes BERLIN/STOCKHOLM (Reuters) – European carmakers are fighting back against proposed emission ..

Swiss franc grapples with safe-haven identity crisis after Credit Suisse

Swiss franc grapples with safe-haven identity crisis after Credit Suisse

By Samuel Indyk LONDON (Reuters) – The Swiss franc hasn’t lived up to its safe-haven reputation during the Credit Suisse c..

Lloyd’s of London swings to 2022 pre-tax loss

Lloyd’s of London swings to 2022 pre-tax loss

FRANKFURT (Reuters) – Lloyd’s of London swung to a pre-tax loss in 2022 and took writedowns on its fixed-income investment..

impact.com Appoints New Chief People Officer to Lead People Growth and Excellence

impact.com Appoints New Chief People Officer to Lead People Growth and Excellence

Michelle Denman brings over 30 years of world-class employee success expertise to the partnership management technology leader as the ..

India resists calls for more air access in drive to be global aviation force

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..

Citadel accelerates hiring push in Hong Kong and London

Citadel accelerates hiring push in Hong Kong and London

By Summer Zhen HONG KONG (Reuters) – Miami-based Citadel has kicked off 2023 with multiple senior hires in London and Hong Kong ..

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 7.5 million pound ($8.9 million) penalty on PwC for ..

Oil steadies after dipping on China outlook; investors await Fed clues

Oil steadies after dipping on China outlook; investors await Fed clues

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices were steady on Monday as top oil executives debated supply tightness at an oil conf..

Dollar firms after U.S. labor data suggests more rate hikes

Dollar firms after U.S. labor data suggests more rate hikes

By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The dollar strengthened on Thursday after unemployment claims pointe..

Global energy-related CO2 emissions edged up to record high in 2022 – IEA

Global energy-related CO2 emissions edged up to record high in 2022 – IEA

By Susanna Twidale LONDON (Reuters) – Global energy-related emissions of carbon dioxide hit a record high last year, although mo..