Headlines

JD Sports sees bills-free young shoppers boosting profits

JD Sports sees bills-free young shoppers boosting profits

By Sarah Young LONDON (Reuters) – JD Sports expects young shoppers not yet saddled with household bills to defy the economic glo..

Bayer shares gain on prospect of second activist pushing for change

Bayer shares gain on prospect of second activist pushing for change

By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -Bayer is facing demands from activist investor Bluebell Capital Partners to b..

Cellnex’s CEO Tobias Martinez steps down amid strategy shift

Cellnex’s CEO Tobias Martinez steps down amid strategy shift

MADRID (Reuters) -Spanish phone tower operator Cellnex said on Wednesday its chief executive Tobias Martinez Gimeno has resigned after..

StanChart weighing options, including sale, of aircraft lessor unit

StanChart weighing options, including sale, of aircraft lessor unit

SINGAPORE (Reuters) -Standard Chartered said it is looking to explore alternative options, including a sale, for its aviation finance ..

Low use of shortened work hours points to mild German recession – Ifo

Low use of shortened work hours points to mild German recession – Ifo

BERLIN (Reuters) – Low take up of a government-backed ‘Kurzarbeit’ shortened hours facility points to a “very ..

Dollar stands firm while traders await CPI

Dollar stands firm while traders await CPI

By Tom Westbrook SINGAPORE (Reuters) – The dollar mostly held its ground on Wednesday in spite of downward pressure from lower b..

Germany’s BioNTech buys British AI startup InstaDeep

Germany’s BioNTech buys British AI startup InstaDeep

(Reuters) -BioNTech SE has agreed to acquire British artificial intelligence (AI) startup InstaDeep for up to 562 million pounds ($682..

German chancellor meets auto, battery bosses in ‘mobility’ summit

German chancellor meets auto, battery bosses in ‘mobility’ summit

By Victoria Waldersee and Andreas Rinke BERLIN (Reuters) – German carmakers, Tesla, chip producers and battery maker Northvolt m..

Mercedes-Benz sells 2.05 million passenger cars in 2022

Mercedes-Benz sells 2.05 million passenger cars in 2022

BERLIN (Reuters) -Mercedes-Benz delivered 2.05 million passenger cars in 2022, the company said on Tuesday, down 1% on the previous ye..

UK’s Morgan Advanced Materials reports cyber security incident on its network

UK’s Morgan Advanced Materials reports cyber security incident on its network

(Reuters) – British industrial firm Morgan Advanced Materials Plc said on Tuesday it was assessing a cyber security incident aft..

Cryptoverse: Bitcoin digs in for a bumpy new year

Cryptoverse: Bitcoin digs in for a bumpy new year

By Lisa Pauline Mattackal (Reuters) – Bitcoin’s looking steady in 2023. But it’s only been a week. Cryptocurrencies ..

Taiwan calls on Germany to help maintain ‘regional order’

Taiwan calls on Germany to help maintain ‘regional order’

TAIPEI (Reuters) – Taiwan President Tsai Ing-wen called on Germany on Tuesday to help maintain “regional order” duri..

French PM to unveil pension reform in big test for Macron

French PM to unveil pension reform in big test for Macron

By Caroline Pailliez and Leigh Thomas PARIS (Reuters) – French Prime Minister Elisabeth Borne on Tuesday will unveil the details..

Bentley cruises to record sales in 2022 despite China drop

Bentley cruises to record sales in 2022 despite China drop

By Nick Carey LONDON (Reuters) – British luxury carmaker Bentley on Tuesday reported record vehicle sales for 2022, with strong ..

UK becoming less attractive for investment, manufacturers warn

UK becoming less attractive for investment, manufacturers warn

By Andy Bruce LONDON (Reuters) – Britain has become less competitive and less attractive to foreign investors as a result of soa..

Global stocks close in on 4-week highs, oil rises on hopes of ‘soft landing’

Global stocks close in on 4-week highs, oil rises on hopes of ‘soft landing’

By David Randall NEW YORK (Reuters) -World stocks rallied on Monday to their highest levels since mid-December after China reopened it..

Fineco CEO expects fixed income demand to help managed assets

Fineco CEO expects fixed income demand to help managed assets

By Valentina Za MILAN (Reuters) – Italy’s FinecoBank is seeing strong demand for fixed income products as rates rise, whic..

Headlines

UK becoming less attractive for investment, manufacturers warnBy Andy Bruce

UK becoming less attractive for investment, manufacturers warnBy Andy Bruce

By Andy Bruce LONDON (Reuters) – Britain has become less competitive and less attractive to foreign investors as a result of soaring energy cost..

Around 40% of German companies expect output decline in 2023 – IW institute

Around 40% of German companies expect output decline in 2023 – IW institute

BERLIN (Reuters) – Four out of ten German companies expect business to shrink in 2023, a survey by the German Economic Institute..

British PM Sunak revives talks for Arm’s London IPO -FT

British PM Sunak revives talks for Arm’s London IPO -FT

(Reuters) – British Prime Minister Rishi Sunak has revived talks with Japan’s SoftBank Group Corp regarding a London listi..

‘Life is moving forward’: China declares new COVID phase

‘Life is moving forward’: China declares new COVID phase

By Liz Lee and Eduardo Baptista BEIJING (Reuters) -China braced for a “new phase” in its battle against COVID-19 on Monday..

Dollar tentative as investors assess rate-hike path

Dollar tentative as investors assess rate-hike path

SINGAPORE (Reuters) – The U.S. dollar was steady on Monday as investors digested a clutch of economic data released last week th..

Renault considers making mass-market EVs in India -sources

Renault considers making mass-market EVs in India -sources

By Aditi Shah and Gilles Guillaume NEW DELHI/PARIS (Reuters) -Renault is considering building a mass-market electric vehicle in India,..

Soccer-Former star Italy striker Vialli dies aged 58

Soccer-Former star Italy striker Vialli dies aged 58

By Keith Weir and Alvise Armellini MILAN (Reuters) -Former Italy striker Gianluca Vialli, who earned 59 caps for his country and enjoy..

Biggest UK house price fall recorded since financial crisis

Biggest UK house price fall recorded since financial crisis

By Andy Bruce LONDON (Reuters) – British house prices slid in December, capping the largest quarterly drop since the financial c..

World food prices hit record high in 2022

World food prices hit record high in 2022

By Sybille de La Hamaide PARIS (Reuters) -A surge in the cost of most food commodities last year, as the disruption caused by Russia&#..

Samsung’s quarterly profit plunges to 8-year low on demand slump

Samsung’s quarterly profit plunges to 8-year low on demand slump

By Joyce Lee and Heekyong Yang SEOUL (Reuters) – Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by tw..

Sodexo tops Q1 sales estimates as people return to offices

Sodexo tops Q1 sales estimates as people return to offices

(Reuters) -French caterer Sodexo on Friday beat market estimates for first-quarter sales, as a return to the workplace and other venue..

Japan, UK to sign reciprocal access agreement for military officers -Yomiuri

Japan, UK to sign reciprocal access agreement for military officers -Yomiuri

TOKYO (Reuters) – Japan’s Prime Minister Fumio Kishida will sign a reciprocal access agreement for military officers with ..

Mercedez-Benz to deploy advanced automated driving system in Nevada

Mercedez-Benz to deploy advanced automated driving system in Nevada

By David Shepardson (Reuters) -The Nevada Department of Motor Vehicles (DMV) said on Thursday that German carmaker Mercedes-Benz can d..

Asian stocks edge up before U.S. jobs data, defying Wall Street selloff

Asian stocks edge up before U.S. jobs data, defying Wall Street selloff

By Kevin Buckland TOKYO (Reuters) – Asian equities gained on Friday while the dollar hovered near a one-month high as investors ..

Germany’s BaFin tells Eurex Clearing, Clearstream to clean up organisational deficiencies

Germany’s BaFin tells Eurex Clearing, Clearstream to clean up organisational deficiencies

FRANKFURT (Reuters) – Germany’s financial supervisory authority (BaFin) said on Thursday it has ordered clearing house Eur..

Geely’s EV brand Zeekr aims to double sales in 2023, expand in Europe

Geely’s EV brand Zeekr aims to double sales in 2023, expand in Europe

By Joseph White LAS VEGAS (Reuters) – Chinese electric vehicle brand Zeekr aims to double sales in 2023 to about 140,000 vehicle..

Amazon CEO says job cuts to exceed 18,000 roles

Amazon CEO says job cuts to exceed 18,000 roles

By Jeffrey Dastin and Uday Sampath Kumar (Reuters) -Amazon.com Inc’s layoffs will now increase to more than 18,000 roles as part..

British shoppers defy cost-of-living crisis at Christmas

British shoppers defy cost-of-living crisis at Christmas

By James Davey and Sarah Young LONDON (Reuters) -Britons spent more than expected over Christmas, Next, one of the country’s big..

UK’s Prince Harry declines to commit to attending King Charles’ coronation

UK’s Prince Harry declines to commit to attending King Charles’ coronation

LONDON (Reuters) – Prince Harry declined to commit to going to the coronation of his father King Charles, according to a clip fr..

Britain’s Next sees lower profit in 2023 as consumer outlook darkens

Britain’s Next sees lower profit in 2023 as consumer outlook darkens

By James Davey LONDON (Reuters) – Britisah clothing retailer Next forecast lower profit in its 2023-24 year, reflecting uncertai..