UBS’s rescue of Credit Suisse has created new risks for Switzerland, OECD says
ZURICH (Reuters) – UBS’s rescue takeover of Credit Suisse a year ago has created “new risks and challenges” f..
Headlines
Headlines
EU parliament to extend new medicine data protection to 7.5 years, document says
By Julia Payne BRUSSELS (Reuters) – EU lawmakers have gone part of the way to meeting pharmaceutical industry concerns about th..
Headlines
Stocks flat, US yields edge higher ahead of data
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks was little changed on Wednesday, pausing after equities in E..
Headlines
Exclusive-Olympics-Paris has a lot to gain from hosting the Games, says mayor
By Julien Pretot and Elizabeth Pineau PARIS (Reuters) – The 2024 Olympics have allowed Paris and its region to speed up plans t..
Headlines
Europe one step away from landmark AI rules after lawmakers’ vote
By Foo Yun Chee STRASBOURG (Reuters) -Europe moved closer to adopting the world’s first artificial intelligence rules on Wednes..
Headlines
Adidas posts first loss in 30 years but sticks to dividend
By Helen Reid HERZOGENAURACH, Germany (Reuters) – German sportswear giant Adidas posted its first loss in more than 30 years in..
Headlines
UK economy may be turning from headwind into tailwind for sterling
By Harry Robertson LONDON (Reuters) – UK wage data did its best to pull sterling down from a seven-month peak on Tuesday but th..
Headlines
Global corporate dividends hit record $1.66 trillion in 2023
By Lucy Raitano LONDON (Reuters) – Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record pay..
Headlines
Mango adapts as climate change makes fashion less seasonal
By Corina Pons MADRID (Reuters) – Spanish retailer Mango is honing in on adaptable clothing to help customers adjust to wild sw..
Headlines
Arm’s shares rise as Wall Street eyes IPO lock-up expiration
By Chibuike Oguh NEW YORK (Reuters) -Shares of Arm Holdings, the British chip designer backed by Softbank Group, gained 2.1% to $129...
Headlines
Inverted yield curve no longer reliable recession flag, strategists say: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) – A key indicator of an oncoming recession implied by the U.S. bond market is no longer ..
Headlines
Explainer-What the EU’s $149 billion boost means for Poland
By Karol Badohal and Jan Strupczewski WARSAW/BRUSSELS (Reuters) – Polish Prime Minister Donald Tusk has secured the release of ..
Headlines
Leonardo to boost cybersecurity, space and AI in 5-year plan
By Giulia Segreti ROME (Reuters) -Italy’s Leonardo will invest in digitalisation, artificial intelligence and interconnected pl..
Headlines
UK electric vehicle delivery company Packfleet raises $10 million in funding
By Nick Carey LONDON (Reuters) – UK package delivery startup Packfleet, which runs an all-electric fleet of vans in London, has..
Headlines
Column-Black Sea grain exports beating early market ideas by substantial degree -Braun
By Karen Braun NAPERVILLE, Illinois (Reuters) – Ukraine, particularly in the last few months, has been exporting much more grai..
Headlines
Stocks decline from record highs with US inflation data eyed
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks was lower for a second straight session on Monday, retreating furth..
Headlines
Vinyl revival rocks Britain’s inflation basket
By David Milliken LONDON (Reuters) – Vinyl records will re-enter Britain’s inflation charts for the first time in 32 year..
Headlines
Reddit targets up to $6.4 billion valuation in much-awaited US IPO
By Niket Nishant, Manya Saini and Echo Wang (Reuters) -Reddit is aiming for a valuation of up to $6.4 billion in its U.S. initial pub..
Headlines
Analysis-AI talent war heats up in Europe
By Martin Coulter LONDON (Reuters) – An influx of artificial intelligence (AI) startups is heating up the battle for technical ..
Headlines
Gold marches higher as US jobs data boosts bets of early rate cut
By Anjana Anil (Reuters) – Gold prices surged to a fresh record high on Friday as data showing a rise in the U.S. unemployment ..
Headlines
Bitcoin rises after rapid climb to new record
By Amanda Cooper and Rae Wee LONDON/SINGAPORE (Reuters) -Bitcoin rallied again on Wednesday in volatile trade, while ether jumped alm..
Headlines
Explainer-Olympics-How France plans to use AI to keep Paris 2024 safe
By Juliette Jabkhiro and Julien Pretot PARIS (Reuters) – France tested Artificial Intelligence-driven video surveillance techno..
Headlines
Stocks at record highs as US data leaves June Fed cut bet intact
By Alden Bentley and Huw Jones NEW YORK/LONDON (Reuters) -Investors stretched record-breaking stock rallies on Friday and favored U.S..
Headlines
In new disclosure, LinkedIn says premium subscriptions bring in $1.7 billion
By Stephen Nellis (Reuters) -LinkedIn on Thursday for the first time disclosed sales for its premium subscription business, saying th..
Headlines
Strikes hobble German railways, airports as disputes mount
By Andi Kranz and Stephane Nitschke COLOGNE, Germany (Reuters) – Germany faced strikes on several fronts on Thursday, as train ..
Headlines
ECB lays ground for June rate cut as inflation falls
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank kept borrowing costs at record highs on Thurs..
Headlines
Bitcoin rises to record high
New York (Reuters) – Bitcoin hit a record high on Tuesday, fueled by investors pouring money into U.S. spot exchange-traded c..
Headlines
Dollar slips vs euro as data weighs; bitcoin hits new high
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped against the euro on Tuesday after data showed U.S. services industry grow..
Headlines
Exclusive-UN-backed bank group seeks to avoid departures with new climate guidelines
By Simon Jessop, Isla Binnie and Tommy Wilkes LONDON/NEW YORK (Reuters) – A United Nations-backed alliance of banks is proposin..
Headlines
US stocks pull back as bitcoin, gold score record highs
By Stephen Culp NEW YORK (Reuters) -Equity investors in the United States and Europe showed caution on Tuesday while bitcoin and go..
Headlines
Cryptoverse: Asian traders give bitcoin blast-off
By Jihoon Lee and Jaspreet Kalra SEOUL/MUMBAI (Reuters) – Bitcoin’s runaway rally is being driven by investors in Asia. T..
Headlines
Euro zone business activity moves closer to recovery, PMI survey shows
LONDON (Reuters) – Business activity in the euro zone showed signs of recovery last month as the bloc’s dominant services..
Headlines
Aviva re-enters Lloyd’s market with $300 million acquisition
LONDON (Reuters) -British insurer Aviva said on Monday it will re-enter the historic Lloyd’s insurance market with a 242 millio..
Headlines
Hipgnosis’ songs portfolio valuation falls sharply; extends dividend halt
(Reuters) – The valuation of the songs portfolio owned by Hipgnosis Songs Fund has declined at least by a fifth from five month..
Headlines
German perfume retailer Douglas plans $1.2 billion IPO by March end
FRANKFURT(Reuters) – German perfume retailer Douglas said on Monday it will pursue a 1.1 billion euro (about $1.2 billion) init..
Headlines
Swiss National Bank loses $3.6 billion in 2023
ZURICH (Reuters) -The Swiss National Bank posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, the central ban..
Headlines
Evonik says recovery unlikely in 2024, plans 2,000 job cuts
Reuters) – German chemicals group Evonik Industries said on Monday it expected no signs of a recovery in 2024 and announced up ..
Headlines