Headlines

Diversifying companies delivered 53% higher annual shareholder returns during and after COVID

Diversifying companies delivered 53% higher annual shareholder returns during and after COVID

Study from Stryber of 738 listed businesses in Europe showed that companies which diversified their revenue streams deliver 53% high..

Swiss Re appoints Andreas Berger as new CEO from July

Swiss Re appoints Andreas Berger as new CEO from July

ZURICH (Reuters) -Reinsurance company Swiss Re said on Wednesday Andreas Berger would become group chief executive officer from July,..

CMA CGM acquires 10% in stake in Volvo-Renault EV joint venture, Renault says

CMA CGM acquires 10% in stake in Volvo-Renault EV joint venture, Renault says

(Reuters) – French car manufacturer Renault on Wednesday announced that shipping group CMA CGM officially joined Flexis, its pa..

IKEA Foundation backs emerging market EV push with $100 million grant

IKEA Foundation backs emerging market EV push with $100 million grant

By Simon Jessop and Virginia Furness LONDON (Reuters) – A global initiative to accelerate electric vehicle uptake has received ..

UK shop prices rise at slowest pace since December 2021

UK shop prices rise at slowest pace since December 2021

LONDON (Reuters) – Prices in British shops rose at the slowest pace in more than two years in March, the British Retail Consort..

Disney edges ahead in battle for board seats with activist investors

Disney edges ahead in battle for board seats with activist investors

By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) – Walt Disney appeared to pull ahead of activist investors in th..

UBS launches new $2bn share buyback

UBS launches new $2bn share buyback

ZURICH (Reuters) -UBS on Tuesday announced it was launching a new share buyback programme of up to $2 billion, with up to half being ..

BMW and India’s Tata Technologies to form JV for developing software

BMW and India’s Tata Technologies to form JV for developing software

BENGALURU (Reuters) -BMW Group and Tata Technologies will form a joint venture for the development of software for the German luxury ..

King Charles greets well-wishers after Easter Sunday service

King Charles greets well-wishers after Easter Sunday service

By Hollie Adams WINDSOR, England (Reuters) -Britain’s King Charles greeted well-wishers in an impromptu walkabout after an East..

China believes France will provide fair business environment for Chinese firms, foreign ministry says

China believes France will provide fair business environment for Chinese firms, foreign ministry says

BEIJING (Reuters) – China will import even more high-quality products and services from France and believes the European countr..

Exclusive-Microsoft to separate Teams and Office globally amid antitrust scrutiny

Exclusive-Microsoft to separate Teams and Office globally amid antitrust scrutiny

By Foo Yun Chee BRUSSELS (Reuters) – Microsoft will sell its chat and video app Teams separately from its Office product global..

Xiaomi’s EV buyers face up to seven-month wait for car, app shows

Xiaomi’s EV buyers face up to seven-month wait for car, app shows

By Yelin Mo and Brenda Goh BEIJING (Reuters) -Xiaomi is advising would-be buyers of its new SU7 electric sedan that they could face a..

Stocks subdued, yen in focus, with inflation data on tap

Stocks subdued, yen in focus, with inflation data on tap

By Lewis Krauskopf and Amanda Cooper NEW YORK/LONDON (Reuters) -A gauge of global share markets was barely changed on Thursday as it ..

Hershey, Mondelez bet big on Easter as cocoa price crisis looms

Hershey, Mondelez bet big on Easter as cocoa price crisis looms

(This March 26 story has been refiled to correct the data source to ‘NielsenIQ’ from ‘Nielsen’ in paragraph 2..

UK’s Thames Water in crisis after shareholders refuse to pay up

UK’s Thames Water in crisis after shareholders refuse to pay up

By Sarah Young LONDON (Reuters) -Thames Water, Britain’s biggest water utility, said on Thursday its shareholders had refused t..

Mercedes partly loses class action case over diesel defeat devices

Mercedes partly loses class action case over diesel defeat devices

BERLIN (Reuters) – A German court ruled on Thursday partly in favour of consumers in a class action suit against Mercedes Benz ..

UK competition regulator decides against in-depth probe of Aviva, AIG Life UK merger

UK competition regulator decides against in-depth probe of Aviva, AIG Life UK merger

LONDON (Reuters) -Britain’s competition regulator said on Thursday that it has decided not to open an in-depth ‘phase 2&#..

JD Sports’ January sales fall in ‘challenging’ market

JD Sports’ January sales fall in ‘challenging’ market

LONDON (Reuters) -British sportswear retailer JD Sports said trading conditions remained challenging after its like-for-like sales dr..

French company Valeo to use more Google Cloud AI tools

French company Valeo to use more Google Cloud AI tools

PARIS (Reuters) – French car parts maker Valeo said on Thursday it would be using more Google Cloud AI tools at Valeo, highligh..

BoE’s Haskel says rate cuts should be ‘a long way off’, FT reports

BoE’s Haskel says rate cuts should be ‘a long way off’, FT reports

(Reuters) -Bank of England (BoE) interest-rate setter Jonathan Haskel said that rate cuts should be “a long way off,” the..

Analysis-Foreign firms’ losses from exiting Russia top $107 billion

Analysis-Foreign firms’ losses from exiting Russia top $107 billion

By Alessandro Parodi and Alexander Marrow (Reuters) – The corporate exodus from Russia since its 2022 invasion of Ukraine has c..

Climate change, AI in focus at Commonwealth’s Oct meet in Samoa

Climate change, AI in focus at Commonwealth’s Oct meet in Samoa

By Cordelia Hsu SYDNEY (Reuters) -Climate change and efforts to keep up with advances in artificial intelligence top the agenda for a..

UK homeowners and businesses resilient to high interest rates, BoE says

UK homeowners and businesses resilient to high interest rates, BoE says

LONDON, March 27 (Reuters) – British mortgage holders and businesses are generally coping well with high interest rates and pro..

Analysis – Europe’s gas stocks point to healthy supply next winter

Analysis – Europe’s gas stocks point to healthy supply next winter

By Susanna Twidale, Marwa Rashad and Nina Chestney LONDON (Reuters) – The European Union will have plenty of gas in stock nex..

Factbox-European companies cut jobs as economy sputters

Factbox-European companies cut jobs as economy sputters

(Reuters) – The highest inflation for decades and the impact of the war in Ukraine have forced companies across Europe into lay..

Olympics-Parisians get ready to leave city with rental cash in pocket

Olympics-Parisians get ready to leave city with rental cash in pocket

PARIS (Reuters) – Like many Parisians, Martin Cassan will be heading the other way when the tidal wave of Olympics visitors hit..

Brazil, France launch $1.1 billion program to protect Amazon rainforest

Brazil, France launch $1.1 billion program to protect Amazon rainforest

By Ueslei Marcelino BELEM, Brazil (Reuters) -Brazil and France on Tuesday launched an investment program to protect the Brazilian and..

UK’s ASOS posts 18% drop in first-half sales

UK’s ASOS posts 18% drop in first-half sales

LONDON (Reuters) – Online fashion retailer ASOS posted an 18% drop in sales in its first half, but said it was on track to meet..

German consumer sentiment stays on slow recovery path, finds GfK

German consumer sentiment stays on slow recovery path, finds GfK

BERLIN (Reuters) – German consumer sentiment is expected to stay on its path of slow recovery in April, helped by fewer househo..

France’s Atos seeks debt restructuring plan by July after record losses

France’s Atos seeks debt restructuring plan by July after record losses

By Augustin Turpin (Reuters) -French IT consulting firm Atos is aiming to restructure its debt by July, the group said on Tuesday, af..

RiverRock and Horizon acquired from Ferrovial an 89.2% stake in Euroscut Azores, a Portuguese 93 km shadow toll road in the Azores

RiverRock and Horizon acquired from Ferrovial an 89.2% stake in Euroscut Azores, a Portuguese 93 km shadow toll road in the Azores

RiverRock – a specialized alternative investment firm, part of the CFE Finance Group – through RiverRock Brownfield Infrastruct..

Google, Apple breakups on the agenda as global regulators target tech

Google, Apple breakups on the agenda as global regulators target tech

By Foo Yun Chee and Supantha Mukherjee BRUSSELS/STOCKHOLM (Reuters) -Big Tech is facing its biggest challenge in decades as antitrust..

Home improvement retailer Kingfisher warns on profit outlook

Home improvement retailer Kingfisher warns on profit outlook

LONDON (Reuters) -European home improvement retailer Kingfisher warned on Monday that current-year profit would fall short of analysts..

Talgo’s top shareholder in talks with Stadler over takeover bid, report says

Talgo’s top shareholder in talks with Stadler over takeover bid, report says

MADRID (Reuters) – Talgo’s top shareholder is in talks to sell its 40% stake in the Spanish train maker to Swiss rival St..

Analysis-Spain’s battle of the banks as BBVA narrows gap to Santander

Analysis-Spain’s battle of the banks as BBVA narrows gap to Santander

By Jesús Aguado MADRID (Reuters) – BBVA’s share price has more than trebled since late 2020, narrowing its valuation gap ..

Analysis-Cocoa rally and market tumult hoist systematic hedge funds ahead of their peers

Analysis-Cocoa rally and market tumult hoist systematic hedge funds ahead of their peers

By Nell Mackenzie LONDON (Reuters) – Record cocoa prices and markets whipped around by inflation and geopolitics helped hedge f..

Oil rises as heightened geopolitical risks exacerbate supply concerns

Oil rises as heightened geopolitical risks exacerbate supply concerns

By Yuka Obayashi TOKYO (Reuters) – Oil prices rose in early Asian trading on Monday on concerns over tighter global supply brou..