MTU and Safran to create JV on military helicopter developments
(Reuters) – German MTU Aero Engines and French Safran have signed a memorandum of understanding to create a joint-venture on de..
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Britain backs greener air travel with $280 million funding package
LONDON (Reuters) – Britain has announced 218 million pounds ($279 million) to help fund research into greener air travel, its m..
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Singapore tops list of costliest cities for goods, services aimed at the wealthy
SINGAPORE (Reuters) – Singapore for the first time became the most expensive city for goods and services for wealthy people, ov..
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Lanxess slashes profit outlook as demand recovery lags
(Reuters) – German speciality chemicals maker Lanxess on Monday evening cut its second-quarter and annual core profit forecasts..
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Smaller Manufacturers Must Leverage Their Unused Technology
Amanda Honig, Small, and Medium-Sized Business Industry Lead, Zebra Technologies Manufacturers face some unique challenges i..
Technology
Adobe’s $20 billion deal to acquire Figma under threat from EU regulators – FT
(Reuters) -European antitrust regulators are preparing to launch a formal investigation into software giant Adobe’s $20 billion..
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Japan’s Suzuki to make ‘flying cars’ with SkyDrive
TOKYO (Reuters) – Japanese automaker Suzuki Motor Corp said on Tuesday it had reached an agreement with SkyDrive Inc to make &#..
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Great Resignation’ continues as quarter of workers look to change jobs – PwC
By Divya Chowdhury MUMBAI (Reuters) – A quarter of workers surveyed by PwC expect to change jobs in the next 12 months, up from..
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EU electric vehicles risk 4.3 billion euro post-Brexit tariff cost – auto body
BRUSSELS (Reuters) – Post-Brexit rules forcing European automakers to source more electric vehicle components from Britain or t..
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UBS faces big penalty over Credit Suisse’s Archegos failings -FT
(Reuters) – UBS Group AG faces hundreds of millions of dollars in penalties over Credit Suisse’s mishandling of Archegos ..
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Bank of England launches first sector-wide liquidity ‘stress test’
By Huw Jones LONDON (Reuters) -The Bank of England has launched its first system-wide liquidity ‘stress test’ to establis..
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Royal Mail’s largest union to resume vote on deal with postal company on June 22
(Reuters) – The largest union of UK’s Royal Mail will resume voting on an agreement reached with the British postal firm ..
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Stocks rally stalls, eyes Powell testimony for rate clues
By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares drifted on Monday, consolidating gains after hitting a 14-mon..
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Biman Bangladesh to buy 10 Airbus jets, breaking Boeing reliance – minister
By Ruma Paul and Tim Hepher DHAKA/PARIS (Reuters) – State-owned carrier Biman Bangladesh Airlines has decided to purchase 10 pla..
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AstraZeneca planning China business spin off -FT
(Reuters) – Drugmaker AstraZeneca is drafting a plan to spin off its China business, and listing a separate unit in Hong Kong is..
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ECB risks losing sight of ‘greedflation’ with laser-focus on wages
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank risks losing sight of corporate profits as a dri..
News
Oil slides more than $1 on China growth uncertainties
By Katya Golubkova and Emily Chow TOKYO (Reuters) -Global oil prices fell more than $1 on Monday, backing off last week’s gains..
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Dollar drifts as traders weigh rate path; yen fragile
By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was tentative on Monday as investors tried to assess the monetary polic..
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JLR taps Everstream Analytics’ AI to dodge supply chain problems
By Nick Carey LONDON (Reuters) – JLR said on Monday it has partnered with supply chain mapping and risk analytics firm Everstre..
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British supermarket Morrisons cuts prices of nearly 50 products
LONDON (Reuters) – British supermarket Morrisons said on Monday it was cutting the prices of 47 products by an average of over ..
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France’s Macron vows to boost sustainable aviation fuel production
PARIS (Reuters) – France will invest 200 million euros ($218.78 million) to boost the production of sustainable aviation fuels (..
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Self-driving truck company Einride expands into Norway
By Johannes Birkebaek COPENHAGEN (Reuters) – Swedish electric self-driving truck company Einride expects to reduce CO2 emission..
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Euro zone May inflation confirmed at 6.1% yr/yr, core eases
BRUSSELS (Reuters) – Euro zone consumer inflation sharply decelerated in May, the European Union’s statistics office conf..
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Intel facility is largest greenfield investment in Poland, PM says
WARSAW (Reuters) – Polish Prime Minister says Intel’s new semiconductor assembly and test facility near Wroclaw, western ..
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Travis Perkins warns on profit in sign of UK housing market difficulty
LONDON (Reuters) -Travis Perkins, Britain’s biggest supplier of building materials, warned profit would be hit by difficulties ..
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Rheinmetall expects German ammunition order worth billions soon -CEO
By Sabine Siebold BRUSSELS (Reuters) -Rheinmetall expects to strike an ammunition deal worth billions of euros with the German govern..
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Leveraging better data to combat decision dead zones
By Doug Bennett, Chief Operating Officer at DTN In today’s digital world, the ability to make effective decisions has become increasi..
Business
Britain’s ITV considers possible deal to buy All3Media
By Amy-Jo Crowley and Paul Sandle LONDON (Reuters) – Britain’s ITV is “actively exploring the possible acquisition&..
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Europe’s brief window of market outperformance swings shut
By Samuel Indyk, Lucy Raitano and Alun John LONDON (Reuters) – European equities and the euro look set to lose out to U.S. mark..
News
Virgin Galactic plans first commercial space service for June; shares take off
(Reuters) -Virgin Galactic Holdings, the space tourism firm founded by Richard Branson, said on Thursday its long-awaited commercial s..
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Crypto investors step up risk management after last year’s meltdowns
By Elizabeth Howcroft LONDON (Reuters) – Cryptocurrency investors have grown more cautious about who they do business with, aft..
News
Stoltenberg leaves open prospect of staying on as NATO leader
By Andrew Gray BRUSSELS (Reuters) – NATO chief Jens Stoltenberg on Thursday left open the prospect that his term may be extende..
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Business Strategies in 2023
Michelle Medina, Guest Post and PR Article writer from Pearl Lemon. As we enter another business period, it’s essential ..
Business
Uber to cease food delivery in Italy, exit Israel
AMSTERDAM (Reuters) – Uber said on Thursday it will shut its food delivery business in Italy and exit Israel, where it has not ..
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UK’s FTSE 100 dips on scope of tighter monetary policy; Informa jumps
By Ankika Biswas (Reuters) -UK’s benchmark FTSE 100 dipped on Thursday, dragged down by miners’ stocks amid prospects of ..
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Analysis-Spasms in UK mortgage market spell pain for homeowners, economy
By Andy Bruce and Sinead Cruise LONDON (Reuters) – Bedlam in Britain’s 1.5 trillion-pound ($1.9 trillion) mortgage market..
News
Bain Capital makes $3.2 billion offer for SoftwareOne, board says it’s too low
ZURICH (Reuters) – Bain Capital Private Equity has made an offer for SoftwareOne which values the Swiss software management com..
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