Headlines

Asia shares rise; kiwi slumps after RBNZ’s less hawkish tone

Asia shares rise; kiwi slumps after RBNZ’s less hawkish tone

By Rae Wee and Sameer Manekar SINGAPORE (Reuters) -Asian stocks hovered near two-ye..

Thai finance minister says economy not good, with growth worsening

Thai finance minister says economy not good, with growth worsening

BANGKOK (Reuters) -Thailand’s economy has not been good for a long time, with..

Volkswagen may close Brussels factory as low EV demand hits Audi

Volkswagen may close Brussels factory as low EV demand hits Audi

By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Volkswagen on Tuesday w..

Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says

Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says

Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says (Reute..

Exclusive-Fed considers rule tweak that could save biggest US banks billions in capital

Exclusive-Fed considers rule tweak that could save biggest US banks billions in capital

By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Reserve is considering a ru..

Factbox-European companies cut jobs as economy sputters

Factbox-European companies cut jobs as economy sputters

(Reuters) -Elevated levels of inflation and the impact of the war in Ukraine have fo..

Novo Nordisk shares down after analysis finds Lilly drug leads to better weight loss

Novo Nordisk shares down after analysis finds Lilly drug leads to better weight loss

LONDON (Reuters) – Shares in Novo Nordisk, maker of the wildly popular obesit..

Porsche AG reports sharp fall in China deliveries

Porsche AG reports sharp fall in China deliveries

(Reuters) -German sportscar maker Porsche said on Tuesday that global vehicle deliv..

UK’s Capita surges about 23% on sale of software business

UK’s Capita surges about 23% on sale of software business

(Reuters) -Shares in Capita jumped nearly 23% in early trading on Tuesday after the..

Germany needs $325 billion of power grid investments by 2050, KfW says

Germany needs $325 billion of power grid investments by 2050, KfW says

FRANKFURT (Reuters) – Germany needs investments of around 300 billion euros (..

Stellantis to expand hybrid vehicle line to meet growing demand

Stellantis to expand hybrid vehicle line to meet growing demand

PARIS (Reuters) – Stellantis said on Tuesday it would expand its line of affo..

Samsung Electronics wins cutting-edge AI chip order from Japan’s Preferred Networks

Samsung Electronics wins cutting-edge AI chip order from Japan’s Preferred Networks

SEOUL (Reuters) – Samsung Electronics said on Tuesday it won an order from Ja..

Dubai’s high-end property sales undented by drop in listings, consultancy says

Dubai’s high-end property sales undented by drop in listings, consultancy says

DUBAI (Reuters) -The number of homes worth $10 million or more that were sold in Du..

German growth package offers limited boost, say economists

German growth package offers limited boost, say economists

By Maria Martinez and Christian Kraemer BERLIN (Reuters) – Germany’s ne..

French asset prices swing as investors grapple with election result

French asset prices swing as investors grapple with election result

By Harry Robertson, Alun John and Dhara Ranasinghe LONDON (Reuters) -French shares ..

Ocado builds on Aeon partnership with plans for third robotic warehouse

Ocado builds on Aeon partnership with plans for third robotic warehouse

LONDON (Reuters) – British online supermarket and technology group Ocado said..

Exclusive-NATO will need 35-50 extra brigades under new defence plans, source says

Exclusive-NATO will need 35-50 extra brigades under new defence plans, source says

By Sabine Siebold WASHINGTON (Reuters) – NATO will need between 35 and 50 ext..

Fewer UK companies plan to increase prices, survey shows

Fewer UK companies plan to increase prices, survey shows

LONDON (Reuters) – Fewer British firms plan to raise their prices in the comi..

North Sea oil producers urge Labour’s Starmer for tax clarity

North Sea oil producers urge Labour’s Starmer for tax clarity

By Ron Bousso LONDON (Reuters) – North Sea oil and gas producers urged Britai..

UniCredit CEO says M&A is a possibility, not a must

UniCredit CEO says M&A is a possibility, not a must

ROME (Reuters) – UniCredit is willing to consider M&A opportunities if fi..

Chery launches 28,000 euro crossover SUV in Italy as it plans Europe expansion

Chery launches 28,000 euro crossover SUV in Italy as it plans Europe expansion

MILAN (Reuters) – China’s Chery Auto is starting sales in Italy with a ..

NATO summit to push for standardizing shells

NATO summit to push for standardizing shells

By Sabine Siebold BRUSSELS (Reuters) – NATO is set to issue its first ever de..

Oil prices on track for fourth straight week of gains

Oil prices on track for fourth straight week of gains

SINGAPORE (Reuters) – Oil prices were little changed in Asian trade on Friday..

Bitcoin hits 2-month low on election uncertainty, Mt Gox flows

Bitcoin hits 2-month low on election uncertainty, Mt Gox flows

By Sameer Manekar (Reuters) – Bitcoin slid to a two-month low on Thursday, ex..

Swiss price regulator puts UBS under observation

Swiss price regulator puts UBS under observation

ZURICH (Reuters) -Switzerland’s pricing supervisor has put UBS under observat..

Russia swelters in heat wave, Moscow breaks 1917 record for early July

Russia swelters in heat wave, Moscow breaks 1917 record for early July

MOSCOW (Reuters) – Russians were braving some of the hottest weather seen in ..

UK’s Barclays to sell German consumer finance business

UK’s Barclays to sell German consumer finance business

(Reuters) -Barclays is selling its German consumer finance business to Austrian ban..

Ericsson to book $1.1 billion impairment on weaker outlook for Vonage

Ericsson to book $1.1 billion impairment on weaker outlook for Vonage

(Reuters) -Mobile telecoms equipment maker Ericsson said on Wednesday it will recor..

Dollar on defensive after soft data, battered yen under watch

Dollar on defensive after soft data, battered yen under watch

By Brigid Riley TOKYO (Reuters) – The dollar was on the back foot on Thursday..

Sterling set for fifth daily rise ahead of UK election

Sterling set for fifth daily rise ahead of UK election

LONDON (Reuters) – The pound rose on Wednesday, taking advantage of a softeni..

Development banks get ratings boost on climate clauses and hybrid bonds

Development banks get ratings boost on climate clauses and hybrid bonds

By Marc Jones LONDON (Reuters) – The World Bank and other top development ban..

Oil rises on US crude inventory draw, Mideast tensions

Oil rises on US crude inventory draw, Mideast tensions

By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices rose on Wednesday after industry dat..

UK’s Vodafone and Virgin Media agree new network sharing deal

UK’s Vodafone and Virgin Media agree new network sharing deal

LONDON (Reuters) – Britain’s Vodafone and Virgin Media O2 agreed a new ..

Rivian says no plans to produce vehicles with VW after media report on early talks

Rivian says no plans to produce vehicles with VW after media report on early talks

SAN FRANCISCO (Reuters) -Rivian on Tuesday said it had no plans to produce vehicles..

Spain’s Iberdrola calls for greenwashing rules

Spain’s Iberdrola calls for greenwashing rules

By Pietro Lombardi MADRID (Reuters) – Clear rules defining green energy are n..

Shares flat, US Treasury yields weaken as markets weigh Fed chair comments

Shares flat, US Treasury yields weaken as markets weigh Fed chair comments

By Chibuike Oguh NEW YORK (Reuters) -Global stocks were flat while U.S. Treasury yi..

Factbox-Battles over CEO pay across the globe

Factbox-Battles over CEO pay across the globe

(Reuters) -A majority of Salesforce shareholders voted against a compensation plan ..