Bank of England looks to shine a light on private equity leverage
By Huw Jones LONDON (Reuters) – Regulators need to shine a light on the $8 trillion global private equity sector, as opaque l..
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Dollar firm as US rates and earnings take center stage
By Alden Bentley and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar ticked higher against the euro and yen in subdued trade afte..
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Creating a Sustainable Business Travel Policy: A Guide to Green Travel Practices
Creating a sustainable business travel policy is more than just an environmentally responsible decision; it’s a strategic move ..
Business
US crude futures climb back into positive territory
By Erwin Seba HOUSTON (Reuters) -U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider..
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Equities gain, gold drops as fears of wider Middle East conflict ease
By Chris Prentice and Alun John NEW YORK/LONDON (Reuters) -Investors scaled back safe-haven bets on Monday as worries over a wider Mi..
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World’s workers increasingly at risk as climate changes, ILO says
By Emma Farge GENEVA (Reuters) -More than 70% of the global workforce is exposed to risks linked to climate change that cause hundred..
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Hedge fund borrowing hits five-year peak, Goldman Sachs says
By Nell Mackenzie LONDON (Reuters) – Global hedge fund borrowing rose to a five-year high in the week to April 19, a Goldman Sa..
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After VW plant victory, UAW sets its sights on Mercedes in Alabama
By Nora Eckert CHATTANOOGA, Tennessee (Reuters) – The United Auto Workers has made history by winning its first unionization vo..
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London shares rebound as fears of wider Middle East conflict ebb
By Pranav Kashyap and Shubham Batra (Reuters) -London stocks gained 1% on Monday, following last week’s sharp selloff, as fears..
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UK’s struggling Thames Water proposes spending more on environmental improvements
UK’s struggling Thames Water proposes spending more on environmental improvements
By Sarah Young LONDON (Reuters) -Britain’s Thames Water has proposed spending an additional 1.1 billion pounds ($1.36 billion) on environmental..
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Automakers hope for a cut as two-way EV charging becomes real
By Nick Carey and Victoria Waldersee LONDON (Reuters) – Automakers from General Motors to Volvo Cars, alongside utilities and c..
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UK supermarket Asda says 2023 underlying profit up 24%
LONDON (Reuters) – Asda, Britain’s third biggest supermarket group, reported a 24% rise in annual earnings on Monday that..
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Prince Harry’s privacy case against Murdoch tabloids to proceed as planned
LONDON (Reuters) – Prince Harry’s privacy case has avoided a major delay after London’s High Court rejected an appli..
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UK retail sales stagnate despite easing inflation
By Suban Abdulla LONDON (Reuters) -British retail sales stagnated in March despite high inflation easing recently, representing the f..
Business
Scotland ditches 2030 climate target to cut emissions by 75%
By William James LONDON (Reuters) -Scotland on Thursday scrapped its target of cutting climate-damaging greenhouse gas emissions by 7..
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Meta releases early versions of its Llama 3 AI model
NEW YORK (Reuters) – Meta Platforms on Thursday released early versions of its latest large language model, Llama 3, and an ima..
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Industrials boost STOXX 600 as earnings season rolls in
Industrials boost STOXX 600 as earnings season rolls in By Ozan Ergenay, Johann M Cherian and Ankika Biswas (Reuters) -European shares..
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Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets
(Reuters) -Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts this y..
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ABB more confident about 2024 despite China slowdown
By John Revill ZURICH (Reuters) -ABB expects faster revenue growth in the coming months, with growth in markets such as the United St..
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Danone beats first-quarter sales forecasts, keeps 2024 goals
By Dominique Vidalon and Richa Naidu PARIS/LONDON (Reuters) -Danone posted stronger-than-expected quarterly sales on Thursday, with a..
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Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown
(This April 16 story has been refiled to correct the grammar in paragraph 6) HONG KONG (Reuters) – Morgan Stanley and HSBC are ..
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EU considers bringing emissions removal credits into carbon market
By Kate Abnett FLORENCE (Reuters) – The European Union is looking into whether to bring emissions removal credits into its carb..
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Prince Harry says travel industry must do more for local communities
LONDON (Reuters) – Britain’s Prince Harry said it was crucial the travel industry did better by the local communities in ..
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Navigation firm TomTom posts operating loss as auto sales slow
By Gaelle Sheehan and Mathias de Rozario (Reuters) -Digital mapping company TomTom’s operating result turned to a wider-than-ex..
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Just Eat Takeaway’s Q1 orders ‘disappoint’, shares fall
(Reuters) -Just Eat Takeaway reported first-quarter orders below expectations on Wednesday, sending its shares 5% lower. Favoured by ..
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UK inflation slows by less than expected to 3.2% in March
LONDON (Reuters) -British consumer price inflation slowed by less than expected to a two-and-a-half-year low of 3.2% in annual terms ..
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Analysis-Painful high rates wake-up call threatens global markets
By Naomi Rovnick LONDON (Reuters) – Fear that interest rates in major economies will stay relatively high is creeping back and ..
News
IMF warns financial risks linger amid ‘soft landing’
By Pete Schroeder WASHINGTON (Reuters) – The International Monetary Fund is cautioning against overexuberance in markets as inv..
Finance
docStribute appoints ex-Group CIO of Newcastle Building Society as Non-Executive Director
London-based RegTech company, docStribute, today announces the appointment of Manila McLean to the board of the Company a..
Business
Olympics-Paris 2024 torch lit in ancient Olympia, relay under way
By Karolos Grohmann ANCIENT OLYMPIA, Greece (Reuters) -The torch for the Paris 2024 Olympic Games was lit in ancient Olympia in a tra..
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Superdry plans to go private as it kicks off three-year turnaround plan
(Reuters) -British fashion chain Superdry announced a three-year restructuring plan on Tuesday and said a fund raising backed by its ..
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Jaguar develops energy-storage unit using Range Rover batteries
By Nick Carey LONDON (Reuters) – Jaguar Land Rover has developed a mobile energy storage unit for sale in partnership with UK s..
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Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2
(Reuters) -Telecom equipment maker Ericsson reported on Tuesday a first-quarter adjusted profit that beat expectations and said sales..
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Swiss chemicals maker Sika posts 13.8% jump in Q1 sales
(Reuters) -Swiss chemicals maker Sika AG on Tuesday reported a 13.8% increase in its first-quarter sales and confirmed its outlook fo..
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Stocks tumble, dollar firms amid geopolitical risk, mixed central bank views
By Lewis Krauskopf and Naomi Rovnick NEW YORK/LONDON (Reuters) -U.S. stocks sold off sharply on Friday while the dollar jumped as inv..
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Oil slips as risk premium eases after Iran attack
By Laila Kearney NEW YORK (Reuters) -Oil prices sank by about $1 a barrel on Monday after Iran’s weekend attack on Israel pro..
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Enduring allure: balancing beauty and wealth through jewellery investment
In a market where uncertain investment avenues such as bitcoin and non-fungible tokens (NFTs) continue to soar in popularity, jewelle..
Finance