Heineken sees Europe resilience offseting Asia slowdown risk
By Philip Blenkinsop BRUSSELS (Reuters) -Heineken maintained its forecast for 2023 profit growth with the risk of slower economic exp..
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Oil dips as potential Fed rate hike overshadows falling stocks
By Laila Kearney and Muyu Xu (Reuters) -Oil dropped on Wednesday as the market weighed potential interest rate hikes from the U.S. Fe..
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Just Eat Takeaway raises 2023 guidance, launches buyback
By Tristan Veyet and Laura Lenkiewicz (Reuters) -Just Eat Takeaway.com NV raised its 2023 adjusted core profit outlook on Wednesday, ..
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Allianz puts N26 stake up for sale at $3 billion valuation – FT
(Reuters) – A unit of Allianz SE has put about 5% of its stake in German online bank N26 up for sale at a steep discount, valui..
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US FTC leaders will target AI that violates civil rights or is deceptive
WASHINGTON (Reuters) – Leaders of the U.S. Federal Trade Commission said on Tuesday the agency would pursue companies who misus..
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Crypto firms will develop ‘offshore’ without clear US rules, Coinbase chief says
By Tom Wilson and Elizabeth Howcroft LONDON (Reuters) -The U.S. and Britain should make their rules for the crypto industry much clea..
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Dollar slips after upbeat China data; euro, pound rise
By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) – The dollar fell against most major currencies on Tuesday after bett..
Finance
France’s Macron promises government action plan in next 100 days
By Michel Rose PARIS (Reuters) -French President Emmanuel Macron on Monday gave himself 100 days to heal the country after weeks of pr..
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Business insolvency in England and Wales soars in March
LONDON (Reuters) – More companies in England and Wales entered insolvency during March than at any point since monthly records ..
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Germany added 35% more electric car charge points in 2022, says BDEW
FRANKFURT (Reuters) – The number of electric vehicle charging points in Germany rose by 35% last year, exceeding the rate of in..
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GSK bets $2 billion on Bellus cough drug to soothe pipeline fears
By Natalie Grover and Aby Jose Koilparambil (Reuters) -GSK plans to buy Canada-based drug developer Bellus Health Inc in an all-cash ..
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UK unemployment edges up but pay growth beats forecasts
By David Milliken LONDON (Reuters) -Britain’s unemployment rate rose unexpectedly in the three months to February but pay growt..
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Takeover-target THG misses downgraded 2022 earnings guidance
LONDON (Reuters) – THG, the online retail platform that said on Monday it had received an approach, missed its downgraded expec..
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UBS makes changes to buyback programme following Credit Suisse takeover
ZURICH (Reuters) -UBS on Tuesday said it was making changes to its $6 billion share buyback programme following its takeover of Credi..
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Ericsson’s quarterly core profit misses expectations
STOCKHOLM (Reuters) -Sweden’s Ericsson on Tuesday reported first-quarter core earnings that missed expectations as telecom cust..
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Northvolt and Scania unveil battery for heavy trucks
STOCKHOLM(Reuters) – Truck-maker Scania and battery producer Northvolt on Tuesday said they had developed an electric battery w..
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Manchester United tanks on report Glazers may avoid sale with new investment
(Reuters) – Shares of Manchester United PLC fell 13% on Monday after a report said the Glazer family was confident of securing ..
Finance
Glencore courts 120 Teck investors for bid backing as spinoff vote looms -source
LONDON (Reuters) -Glencore executives have met or spoken with some 120 Teck Resources shareholders during a short visit to Toronto to..
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EU lawmakers call for summit to control ‘very powerful’ AI
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) -EU lawmakers urged world leaders on Monday to hold a summit to fi..
Technology
Britain seeks to boost banking services from fintechs
By Huw Jones LONDON (Reuters) – Britain’s financial regulators said on Monday they would set up a new body over the next ..
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Analysis-Rocket startups face adapt-or-die moment amid investment drought
By Joey Roulette WASHINGTON (Reuters) – Demand for sending satellites into space remains strong, but U.S. rocket startups are t..
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Banking stability worries go behind closed doors at IMF-World Bank meetings
By David Lawder and Andrea Shalal WASHINGTON (Reuters) – Just a month after the biggest banking crisis in more than a decade, t..
Finance
Dollar hits one-month high against yen as traders bet on Fed rate hike
By Harry Robertson LONDON (Reuters) – The dollar climbed to a one-month high against Japan’s yen on Monday as traders eye..
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Agnellis’ Exor eyes further healthcare investment for expansion
By Giulio Piovaccari MILAN (Reuters) -Exor the holding company of Italy’s Agnelli family, will seek further opportunities to ex..
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Shareholder group ISS backs Barclays board over former CEO Staley
By Sinead Cruise LONDON (Reuters) -Institutional Shareholder Services (ISS) has recommended Barclays investors re-elect all board mem..
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Sega Sammy says it is considering buying Angry Birds maker Rovio
TOKYO (Reuters) – Japan’s Sega Sammy Holdings Inc said on Monday it was considering acquiring Finland’s Rovio Enter..
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Volkswagen to partner on Indonesia EV battery ecosystem -minister
JAKARTA (Reuters) – Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with miner V..
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Australian court approves BHP’s $6.4 billion OZ Minerals takeover
(Reuters) – Global miner BHP Group Ltd said on Monday the Federal Court of Australia had approved its A$9.6 billion ($6.44 bill..
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At China’s largest trade fair, exporters worry about world economy
By Ellen Zhang and David Kirton GUANGZHOU (Reuters) -Chinese exporters exhibiting their products at the country’s largest trade..
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France’s Ynsect to refocus bug business after capital increase
By Sybille de La Hamaide PARIS (Reuters) – French insect-based ingredients maker Ynsect will refocus its strategy on high-margi..
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Soccer-Jittery Arsenal losing their grip with summit in sight
By Martyn Herman LONDON (Reuters) -Even when Arsenal were building a daunting lead at the top of the Premier League and excitement wa..
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Bootmaker Dr Martens warns on profit as finance chief walks
By Prerna Bedi (Reuters) -Dr Martens issued its third profit warning in five months on Friday, as it struggled with higher-than-expec..
Business
Oil heads for weekly rise after IEA predicts record demand
By Laila Kearney NEW YORK (Reuters) -Oil prices were up on Friday and headed for a fourth straight week of gains after the West’..
Headlines
Exclusive-Nissan takes its own road, minus Renault, in seeking tech tie-up
By Norihiko Shirouzu and Maki Shiraki (Reuters) -Nissan is developing growth plans in areas such as software and electric vehicles (EV..
Technology
No evidence yet showing which animal COVID may have come from, says former head of China CDC
(Refiles to fix typo on first paragraph) LONDON (Reuters) – There is no evidence yet showing which animal the COVID-caus..
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EU moves to clarify ‘sustainable’ investments after fund downgrades
By Huw Jones LONDON (Reuters) – The European Union’s executive body sought on Friday to clarify how investment products c..
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European privacy watchdog creates ChatGPT task force
By Toby Sterling BRUSSELS (Reuters) -The body that unites Europe’s national privacy watchdogs said on Thursday it had set up a ..
Technology