Headlines

UK’s Hunt says unclear when taxes can be cut amid interest cost pressure

UK’s Hunt says unclear when taxes can be cut amid interest cost pressure

By David Lawder (Reuters) -British finance minister Jeremy Hunt said on Thursday that higher long term interest rates were pressuring..

Russia temporarily bans fuel exports to most countries in response to shortages

Russia temporarily bans fuel exports to most countries in response to shortages

MOSCOW (Reuters) -Russia has temporarily banned exports of gasoline and diesel to all countries outside a circle of four ex-Soviet sta..

More than a fifth of cars sold in EU in August were full EVs – ACEA

More than a fifth of cars sold in EU in August were full EVs – ACEA

By Nick Carey LONDON (Reuters) – Just over one in five new cars sold in the European Union in August was fully electric, as sal..

Oil falls ahead of Fed rate policy announcement

Oil falls ahead of Fed rate policy announcement

By Yuka Obayashi and Emily Chow TOKYO (Reuters) – Oil prices retreated further from 10-month highs on Wednesday ahead of the U.S..

King Charles heads to France for three-day state visit

King Charles heads to France for three-day state visit

By Elizabeth Pineau and Michael Holden PARIS (Reuters) – King Charles will arrive in France on Wednesday for a three-day state ..

UK PM Sunak to announce more ‘proportionate’ climate response

UK PM Sunak to announce more ‘proportionate’ climate response

By Elizabeth Piper and William James LONDON (Reuters) -British Prime Minister Rishi Sunak will give a speech this week in which he is..

Musk’s Neuralink to start human trial of brain implant for paralysis patients

Musk’s Neuralink to start human trial of brain implant for paralysis patients

(Reuters) -Billionaire entrepreneur Elon Musk’s brain-chip startup Neuralink said on Tuesday it has received approval from an i..

Novo Nordisk contracts South Africa’s Aspen to produce insulin for African nations

Novo Nordisk contracts South Africa’s Aspen to produce insulin for African nations

By Maggie Fick LONDON (Reuters) – Novo Nordisk has contracted Aspen Pharmacare to produce human insulin on its behalf in South ..

B&Q owner Kingfisher cuts profit forecast as Poland, France drag

B&Q owner Kingfisher cuts profit forecast as Poland, France drag

By Sarah Young LONDON (Reuters) -European home improvement retailer Kingfisher downgraded its annual profit forecast by 7% on Tuesday..

UK’s Hargreaves Lansdown bets on increased savings to sustain growth

UK’s Hargreaves Lansdown bets on increased savings to sustain growth

By Khushi Mandowara (Reuters) -Hargreaves Lansdown is betting on savers to fuel growth despite subdued investment and trading activit..

Tour operator TUI confirms full-year outlook on back of strong bookings

Tour operator TUI confirms full-year outlook on back of strong bookings

By Joanna Plucinska LONDON (Reuters) -Tour group TUI on Tuesday confirmed its full-year outlook for the 2023 financial year, citing s..

Sabato De Sarno to hit Milan catwalk on Friday with high stakes Gucci debut

Sabato De Sarno to hit Milan catwalk on Friday with high stakes Gucci debut

By Mimosa Spencer and Elisa Anzolin MILAN/PARIS (Reuters) – Gucci creative director Sabato De Sarno takes to the runway in Mila..

Societe Generale vision falls flat as Europe’s banks falter

Societe Generale vision falls flat as Europe’s banks falter

By John O’Donnell and Mathieu Rosemain LONDON/DUBLIN (Reuters) -Societe Generale’s much-hyped new strategy plans were giv..

Santander creates two new global businesses for retail, consumer areas

Santander creates two new global businesses for retail, consumer areas

By Jesús Aguado MADRID (Reuters) -Spain’s Santander is consolidating its retail, commercial and consumer activities across all ..

Italy relies on GDP revisions to limit 2023 deficit rise -sources

Italy relies on GDP revisions to limit 2023 deficit rise -sources

By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Italy hopes upcoming revisions to GDP growth data for 2020-22 will limit wha..

ECB to tackle excess liquidity in next stage of inflation fight -sources

ECB to tackle excess liquidity in next stage of inflation fight -sources

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -European Central Bank policymakers want to soon start discussing how to ta..

King Charles and France’s Macron hope to build on personal bond post-Brexit

King Charles and France’s Macron hope to build on personal bond post-Brexit

By Michel Rose, Elizabeth Pineau and Michael Holden PARIS (Reuters) -After flames engulfed France’s Notre-Dame cathedral in 201..

EU reticent to postpone Brexit tariffs on EVs, says UK auto body

EU reticent to postpone Brexit tariffs on EVs, says UK auto body

By Sachin Ravikumar LONDON (Reuters) – The European Union is reticent about agreeing to Britain’s plea to postpone loomin..

Dollar steady as week of key central bank decisions kicks off

Dollar steady as week of key central bank decisions kicks off

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar held steady against a basket of currencies on Monday, hovering near a six-mo..

Britain hands $621 million to Tata Steel, 3,000 jobs could go

Britain hands $621 million to Tata Steel, 3,000 jobs could go

By Sarah Young LONDON (Reuters) -Britain is to pump 500 million pounds ($621 million) into Tata Steel to decarbonise its Welsh site, ..

Italy’s Edison inaugurates power station partly funded by citizens

Italy’s Edison inaugurates power station partly funded by citizens

QUASSOLO, Italy (Reuters) – Italian utility Edison on Friday inaugurated a new hydroelectric power station partly financed by t..

ECB’s Lagarde: rate cut not on the agenda

ECB’s Lagarde: rate cut not on the agenda

SANTIAGO DE COMPOSTELLA (Reuters) – An interest rate cut is not on the European Central Bank’s agenda, ECB President Chri..

Apple to update iPhone 12 software in France to settle radiation row

Apple to update iPhone 12 software in France to settle radiation row

By Elizabeth Pineau PARIS (Reuters) – Apple said on Friday it would issue a software update for iPhone 12 users in France to se..

Bootmaker Dr Martens to offer repairs in sustainability step

Bootmaker Dr Martens to offer repairs in sustainability step

By Helen Reid LONDON (Reuters) -Dr Martens plans to launch a shoe repair service in Britain next month as it seeks to polish its sust..

China to manage monkeypox as disease on par with COVID-19

China to manage monkeypox as disease on par with COVID-19

BEIJING (Reuters) -China plans to manage monkeypox in the same way it handles infectious diseases such as COVID-19 starting from Sept..

SAP’s India arm eyes more patents, jobs amid AI push

SAP’s India arm eyes more patents, jobs amid AI push

By Hritam Mukherjee and Navamya Ganesh Acharya BENGALURU (Reuters) -SAP SE’s Indian arm hopes to double its share of the German..

No Kuehne counter offer on table for Hamburg port operator – authority

No Kuehne counter offer on table for Hamburg port operator – authority

BERLIN (Reuters) – The city of Hamburg’s economy authority said there was no counter offer on the table from billionaire ..

Britain sees 14% annual rise in missed direct debit payments

Britain sees 14% annual rise in missed direct debit payments

By David Milliken LONDON (Reuters) – Britain reported an annual rise of 14% in missed bill payments last month for their second..

UK’s IG Group ekes out revenue rise from interest income, U.S. trading

UK’s IG Group ekes out revenue rise from interest income, U.S. trading

(Reuters) – British online trading platform IG Group on Thursday reported a marginal rise in its first-quarter revenue after a ..

British retailer John Lewis says turnaround delayed by two years

British retailer John Lewis says turnaround delayed by two years

By James Davey LONDON (Reuters) -John Lewis Partnership’s turnaround will take two years longer than planned and cost more mone..

Swedish inflation slows in August; Riksbank still expected to hike next week

Swedish inflation slows in August; Riksbank still expected to hike next week

STOCKHOLM (Reuters) – The pace of headline Swedish inflation slowed more than expected in August, official data showed on Thurs..

Thyssenkrupp creates green tech division, launches performance programme

Thyssenkrupp creates green tech division, launches performance programme

FRANKFURT (Reuters) – Thyssenkrupp on Thursday unveiled plans to bundle its businesses with a green technology angle in one seg..

New Zealand’s National Party looks to cement lead 30 days out from election

New Zealand’s National Party looks to cement lead 30 days out from election

By Lucy Craymer WELLINGTON (Reuters) – Thirty days out from New Zealand’s general election, recent polls show the opposition pa..

Carrefour sticks price warnings on food to shame suppliers

Carrefour sticks price warnings on food to shame suppliers

By Dominique Vidalon PARIS (Reuters) – French supermarket chain Carrefour has slapped price warnings on products from Lindt cho..

OpenAI launches office in Dublin with nine job listings

OpenAI launches office in Dublin with nine job listings

By Anna Tong (Reuters) -Artificial intelligence leader OpenAI is opening an office in Dublin, the Microsoft-backed company said Thurs..

Exor to buy back 1 billion euro own shares, starts with 750 million tender offer on Thursday

Exor to buy back 1 billion euro own shares, starts with 750 million tender offer on Thursday

MILAN (Reuters) – Exor has approved a new share buyback program for up to one billion euros ($1.07 billion), with an initial ten..

SoftBank’s Arm valued at $54.5 billion in year’s biggest IPO

SoftBank’s Arm valued at $54.5 billion in year’s biggest IPO

By Echo Wang and Anirban Sen NEW YORK (Reuters) – Chip designer Arm Holdings Plc secured a $54.5 billion valuation in its U.S. ..