Headlines

UK car output logs fourth consecutive monthly fall in June, data shows

UK car output logs fourth consecutive monthly fall in June, data shows

(Reuters) – UK’s car output fell for the fourth consecutive month in Jun..

Reckitt to offload homecare brands, consider nutrition options

Reckitt to offload homecare brands, consider nutrition options

By Agata Rybska (Reuters) – Reckitt Benckiser will consider options for its tr..

As losses mount, CrowdStrike says bug in quality-control process led to botched update

As losses mount, CrowdStrike says bug in quality-control process led to botched update

By James Pearson LONDON (Reuters) -A software bug in CrowdStrike’s quality-con..

German cabinet agrees to expand tax relief to boost economy

German cabinet agrees to expand tax relief to boost economy

By Christian Kraemer BERLIN (Reuters) -Germany’s cabinet agreed on Wednesday t..

Rheinmetall’s profit doubles as defence spending surges

Rheinmetall’s profit doubles as defence spending surges

  By Miranda Murray BERLIN (Reuters) -German arms manufacturer Rheinmetall more..

Meta unveils biggest Llama 3 AI model, touting language and math gains

Meta unveils biggest Llama 3 AI model, touting language and math gains

  By Katie Paul NEW YORK (Reuters) -Meta Platforms released the biggest version..

Oil prices rise as US crude, fuel inventories seen shrinking

Oil prices rise as US crude, fuel inventories seen shrinking

By Laila Kearney NEW YORK (Reuters) – Oil prices rebounded on Wednesday, snapp..

Tesla profit margins worst in five years as price cuts, incentives weigh

Tesla profit margins worst in five years as price cuts, incentives weigh

By Hyunjoo Jin, Akash Sriram (Reuters) -Tesla on Tuesday reported its lowest profit ..

Britain’s gas network ready for hydrogen fuel, report says

Britain’s gas network ready for hydrogen fuel, report says

LONDON (Reuters) – Britain’s national gas network is ready to accommodat..

UK pay settlements hold at 4.9% in three months to June

UK pay settlements hold at 4.9% in three months to June

By David Milliken LONDON (Reuters) – British employers offered average annual ..

Visa reports rare quarterly revenue miss, shares drop

Visa reports rare quarterly revenue miss, shares drop

By Arasu Kannagi Basil (Reuters) -Visa’s third-quarter revenue growth fell sho..

Porsche cuts forecasts due to alloy shortage, shares fall

Porsche cuts forecasts due to alloy shortage, shares fall

By Victoria Waldersee (Reuters) -Porsche AG cut its sales and profit outlook on Tues..

GM beats quarterly expectations and raises forecast, but shares dive

GM beats quarterly expectations and raises forecast, but shares dive

By Nora Eckert DETROIT (Reuters) -General Motors reported second-quarter profit and ..

Digesting Biden exit, markets focus on earnings, data

Digesting Biden exit, markets focus on earnings, data

By Yoruk Bahceli and Tom Westbrook (Reuters) -World markets steadied on Tuesday as i..

Computer parts maker Logitech lifts full-year outlook on upbeat Q1 results

Computer parts maker Logitech lifts full-year outlook on upbeat Q1 results

ZURICH (Reuters) -Computer mouse maker Logitech International raised its full-year s..

Aussie, kiwi dollars struggle on China’s rate cuts; dollar adrift

Aussie, kiwi dollars struggle on China’s rate cuts; dollar adrift

By Rae Wee SINGAPORE (Reuters) – The Australian and New Zealand dollars langui..

TotalEnergies Texas refinery returns to normal operation, sources say

TotalEnergies Texas refinery returns to normal operation, sources say

HOUSTON (Reuters) – TotalEnergies’ 238,000 barrel-per-day (bpd) Port Art..

Google scraps plan to remove cookies from Chrome

Google scraps plan to remove cookies from Chrome

(Reuters) – Google is planning to keep third-party cookies in its Chrome brows..

UK Conservative Party to announce new leader on Nov. 2

UK Conservative Party to announce new leader on Nov. 2

LONDON (Reuters) -Britain’s Conservative Party said on Monday it will name its..

UK Conservative Party to announce new leader on Nov. 2

UK Conservative Party to announce new leader on Nov. 2

LONDON (Reuters) -Britain’s Conservative Party said on Monday it will name its..

German software maker SAP’s quarterly cloud revenue leaps 25%

German software maker SAP’s quarterly cloud revenue leaps 25%

(Reuters) -Europe’s largest software maker SAP reported a 25% jump in its clou..

France’s Ubisoft tops guidance for Q1 net bookings on strong GaaS engagement

France’s Ubisoft tops guidance for Q1 net bookings on strong GaaS engagement

  (Corrects July 18 story to say Ubisoft beat its own forecast but missed conse..

Electrolux swings to operating profit in Q2

Electrolux swings to operating profit in Q2

  STOCKHOLM (Reuters) – Electrolux, the world’s second-biggest appl..

Lift maker Schindler’s orders slip in Q2, weighed by China

Lift maker Schindler’s orders slip in Q2, weighed by China

By Louis van Boxel-Woolf and Bartosz Dabrowski (Reuters) -Swiss lift and escalator ..

Consumer goods makers weighed down by weak US and European sales

Consumer goods makers weighed down by weak US and European sales

  By Richa Naidu LONDON (Reuters) – Consumer goods giants including Nestl..

Big central banks are starting to cut rates, slowly

Big central banks are starting to cut rates, slowly

By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – The move to ease mone..

EU new car sales rise 4.3% in June, industry body ACEA says

EU new car sales rise 4.3% in June, industry body ACEA says

By Greta Rosen Fondahn and Alessandro Parodi (Reuters) -New car sales in the Europea..

Standard Chartered boosts private bank team with 14 new hires

Standard Chartered boosts private bank team with 14 new hires

HONG KONG (Reuters) – Standard Chartered has hired more than a dozen new banke..

BYD to introduce three more car models to Vietnam market

BYD to introduce three more car models to Vietnam market

HANOI (Reuters) – Chinese electric carmaker BYD will introduce three more mode..

Asian stocks slide on rising trade tensions, yen climbs

Asian stocks slide on rising trade tensions, yen climbs

Asian stocks slide on rising trade tensions, yen climbs By Ankur Banerjee SINGAPORE ..

Samsung agrees to acquire British startup Oxford Semantic for AI

Samsung agrees to acquire British startup Oxford Semantic for AI

SEOUL (Reuters) – Samsung Electronics said on Thursday it agreed to acquire Ox..

Britain’s new government must act fast to meet 2030 climate target, say advisers

Britain’s new government must act fast to meet 2030 climate target, say advisers

By Susanna Twidale LONDON (Reuters) – The new Labour government will have to a..

Oil prices gain 2% on big US storage withdrawal, weaker US dollar

Oil prices gain 2% on big US storage withdrawal, weaker US dollar

By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 2% on Wednesday on a ..

Factbox-The King’s Speech: A guide to the new UK government’s proposed laws

Factbox-The King’s Speech: A guide to the new UK government’s proposed laws

By Andrew MacAskill LONDON (Reuters) -Britain’s new Labour government set out ..

Yen jumps on possible intervention, sterling hits one-year high

Yen jumps on possible intervention, sterling hits one-year high

By Chuck Mikolajczak NEW YORK (Reuters) -The yen rose sharply on Wednesday in a move..

German coalition passes 2025 budget after months of wrangling

German coalition passes 2025 budget after months of wrangling

By Maria Martinez BERLIN (Reuters) -The German cabinet passed its 2025 budget on Wed..

Netflix’s efforts to grow ad tier in focus as subscriber growth slows

Netflix’s efforts to grow ad tier in focus as subscriber growth slows

By Harshita Mary Varghese (Reuters) – Netflix likely added the fewest number o..