The pound, gilts and stocks: likely winners and losers from UK budget
By Lucy Raitano, Samuel Indyk and Joice Alves LONDON (Reuters) – Britain’s City and business lobby are clamouring for swee..
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HSBC acquires British arm of stricken Silicon Valley Bank
By Iain Withers LONDON (Reuters) -HSBC said on Monday it is acquiring the UK subsidiary of stricken Silicon Valley Bank for 1 pound, r..
Headlines
Novartis launches new $11 billion share buyback
ZURICH (Reuters) -Novartis has formally launched its new share buyback programme where it could spend up to 10 billion Swiss francs ($..
Headlines
Mobile games developer Huuuge says has $24.2 million at SVB
(Reuters) – Mobile games developer Huuuge Inc said late on Saturday about 10% of its cash and securities were held at the collap..
Finance
US stock futures, bonds rally as markets flirt with Fed pause
By Wayne Cole SYDNEY (Reuters) – U.S. stock futures rallied in tense Asian trade on Monday as authorities announced plans to lim..
Finance
Over a dozen Chinese-based firms say they have minimal exposure to SVB
HONG KONG (Reuters) -Over a dozen Hong Kong-listed companies have stepped forward to say they had little or no exposure to Silicon Val..
Headlines
S&P Global acquires firm to bolster capability to track commodity shipments
SINGAPORE (Reuters) – S&P Global Commodity Insights said on Monday it has acquired UK-based technology firm Tradenet and its..
News
Britain delays major rail project HS2 as costs soar again
LONDON (Reuters) -Britain said on Thursday it would delay building parts of a new high-speed railway linking London and northern Engla..
Headlines
Markets start signalling Fed may be going too far – Amundi
By Yoruk Bahceli (Reuters) – Recent moves in bond and equity markets show that investors are starting to worry that the Federal ..
Headlines
Aviva boosts investor payouts after profit beat
By Iain Withers LONDON (Reuters) -Aviva hiked its payouts to investors on Thursday, including a pledged 300 million pound ($355 millio..
News
GSK expects US launch of RSV vaccine with no supply issues
By Maggie Fick LONDON (Reuters) -GSK expects to launch its respiratory syncytial virus (RSV) vaccine in the U.S. this year without sup..
Headlines
UK’s Domino’s expects tech investments to hit 2023 profit
(Reuters) -Britain’s Domino’s Pizza Group Plc said on Thursday its profit this year would be impacted by investments in cl..
Headlines
Deutsche Post raises annual dividend; warns of challenging 2023
BERLIN (Reuters) – Deutsche Post increased its dividend for 2022 to 1.85 euros per share after a record year on Thursday, up fro..
Headlines
Oil near flat as US crude stock draw contends with economic concerns
By Stephanie Kelly (Reuters) – Oil prices were near flat on Thursday, as a larger-than-expected draw in U.S. crude stocks conten..
Headlines
Brazil to resume visa requirements for US, Japan, Australia, Canada -sources
By Lisandra Paraguassu BRASILIA (Reuters) – Brazil has decided to resume entry visa requirements for citizens of the U.S., Japan..
Headlines
Europe experienced second-warmest winter on record
By Kate Abnett BRUSSELS (Reuters) – Europe is emerging from its second-warmest winter on record, European Union scientists said ..
Headlines
GE’s investors seek solutions to renewable energy, supply chain challenges
By Rajesh Kumar Singh CHICAGO (Reuters) – When General Electric Co’s investors gather on Thursday, the focus will be on th..
Headlines
Spotify listeners cross half a billion mark
(Reuters) -Spotify Technology SA said on Wednesday it would roll out new features like smart shuffle and previews of podcasts and musi..
Headlines
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 ..
Headlines
Manufacturers urged to step up use of digital technologies in supply chain monitoring – Make UK/Infor survey
Permanent volatility means building resilience of growing importance Key findings: Four fifths of manufacturers say supply c..
Business
How to deal with data privacy in 2023
Chris Hyde, SVP global head of data solutions at Validity The General Data Protection Regulation (GDPR) came into effect..
Finance
80% of British public want card payment fees slashed as the cost of living crisis hits businesses
Four in five Brits want retailers to pay less to card schemes and put money back into the pockets of embattled British ..
Finance
UK to avoid recession this year but outlook still weak, BCC says
By Suban Abdulla LONDON (Reuters) – The British Chambers of Commerce (BCC) forecast on Wednesday that the country’s econom..
Headlines
Dutch responds to US China policy with a plan to curb semiconductor tech exports
By Toby Sterling, Karen Freifeld and Alexandra Alper AMSTERDAM/WASHINGTON (Reuters) -The Netherlands’ government on Wednesday sa..
Technology
Wall St flutters, Treasury yields ease as Powell resumes testimony
By Stephen Culp NEW YORK (Reuters) – U.S. stocks struggled for direction and Treasury yields wavered on Wednesday as a barrage o..
Finance
Powell’s warning on higher U.S. rates pushes dollar to 3-mth high
By Tom Westbrook SINGAPORE (Reuters) – The dollar scaled multi-month highs against most other major currencies on Wednesday afte..
Headlines
Ireland to vote on removing ‘outmoded’ references to women from constitution
DUBLIN (Reuters) – Ireland plans to hold a referendum in November to delete references to a woman’s place being in the hom..
Headlines
Britain plans new data rules to ease compliance burden
LONDON (Reuters) – Britain will make another attempt to reform its data protection law on Wednesday with the objective of easing..
Headlines
Intel wants $5 billion more in German subsidies for chip plant – Bloomberg News
(Reuters) – Intel Corp is seeking an additional 4 billion to 5 billion euros ($5.28 billion) in subsidies from the German govern..
Headlines
New intelligence points to pro-Ukraine group in Nord Stream attack -NYT
WASHINGTON (Reuters) -New intelligence reviewed by U.S. officials suggests that a pro-Ukraine group – likely comprised of Ukrain..
Headlines
CERAWEEK-Europe gas supplies to stay tight 2 more winters, Equinor CEO says
By Ron Bousso and Simon Webb HOUSTON (Reuters) – Europe will struggle over the next two winters to replace Russian natural gas s..
Headlines
Dollar jumps as Powell flags higher terminal rate
By Karen Brettell NEW YORK (Reuters) – The dollar extended gains against a basket of currencies on Tuesday after Federal Reserve..
Finance
Wall Street drops, Treasury yields gyrate on Fed Chairman Powell’s remarks
By Stephen Culp NEW YORK (Reuters) – U.S. stocks retreated and benchmark Treasury yields wavered on Tuesday as Federal Reserve C..
Finance
HelloFresh sees 2023 core profit of 460-540 million euros
(Reuters) – German meal-kit maker HelloFresh forecast a higher 2023 core profit on Tuesday, as it focuses on strengthening its c..
Headlines
Meta plans to cut thousands of jobs as soon as this week – Bloomberg News
(Reuters) -Meta Platforms Inc will cut thousands of jobs as soon as this week in a fresh round of layoffs, Bloomberg News reported on ..
Headlines
GM’s Cruise to focus on cost cuts as it ramps up robotaxis
By Abhirup Roy SAN FRANCISCO (Reuters) – General Motors Co’s robotaxi unit Cruise is focusing on cutting costs this year, ..
Headlines
Valentine’s Day spending boosts British retail sales in February – BRC
By Suban Abdulla LONDON (Reuters) – Valentine’s Day helped to boost British retail sales in February but volumes remained ..
Headlines