EU to investigate ‘flood’ of Chinese electric cars, weigh tariffs
By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission launched an investigation on Wednesday into whether to impose puniti..
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Goldman, J.P.Morgan cut UK’s 2023 growth forecast
(Reuters) -Goldman Sachs and J.P.Morgan on Wednesday cut their full-year growth forecast for the UK’s gross domestic product (G..
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ABB invests $280 million in new robotics factory in Sweden
ZURICH (Reuters) – ABB is spending $280 million on a new robotics factory in Sweden, the Swiss engineering and technology group..
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Aviva to sell Singlife joint venture stake for $1 billion
LONDON (Reuters) -Aviva is quitting its Singlife joint venture, selling its 25.9% stake in Singapore Life Holdings and two debt instru..
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Sterling drops after UK economy contracts by more than expected
LONDON (Reuters) – The British pound declined against the dollar and euro on Wednesday after data showed British economic outpu..
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Zara owner Inditex’s H1 profit climbs as it eyes growth through stable prices
MADRID (Reuters) -Zara owner Inditex reported on Wednesday a jump of 40% in profit for the six months to July amid higher sales compa..
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Oil near 10-month peak on supply tightness, US inflation data awaits
By Yuka Obayashi and Muyu Xu (Reuters) -Oil rose on Wednesday, firming its ground near a 10-month peak reached during trading a day e..
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EY to create 1,000 jobs in N. Ireland, kicking off investment conference
LONDON (Reuters) – Professional services firm EY will create 1,000 jobs in Northern Ireland over the next five years, the Briti..
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Boeing deliveries decrease in August as it wrestles with manufacturing defect
By Valerie Insinna WASHINGTON (Reuters) – Boeing delivered 35 planes in August, its lowest number since April, as it struggles ..
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Nothing to toast as Italy loses wine-making leadership to France
ROME (Reuters) – Wine output in Italy looks set to fall 12% this year to below 44 million hectolitres after extreme weather and..
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UK, Japanese, Italian partners agree next steps for fighter jet
LONDON (Reuters) – Britain’s BAE Systems, Japan’s Mitsubishi Heavy Industries, and Italy’s Leonardo have agre..
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FTSE 100 rises on peak rate bets; Smurfit Kappa slumps on WestRock deal
(Reuters) – UK’s FTSE 100 index inched higher on Tuesday after labour data signalled that the Bank of England might be nea..
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UK jobless rate rises but wage growth points to another rate hike
By Andy Bruce and David Milliken LONDON (Reuters) -Britain’s labour market showed more signs of cooling in the three months thr..
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Russian plane with 159 aboard makes emergency landing in Novosibirsk region – agencies
(Reuters) – Russia’s Ural Airlines plane with 159 people aboard and flying from Sochi to Omsk made an emergency landing i..
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Asian stocks steady, Japan, China central banks interrupt dollar’s ascent
By Tom Westbrook SINGAPORE (Reuters) – Asian stock markets edged up on Tuesday while comments from central banks in China and J..
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Brent holds above $90; traders eye U.S., European interest rates as guide to demand
By Stephanie Kelly and Jeslyn Lerh SINGAPORE (Reuters) -Brent crude futures held above $90 a barrel on Tuesday, while investors await..
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BoE’s Mann says better to err towards over-tightening rates
By Andy Bruce and David Milliken LONDON (Reuters) -Bank of England policymaker Catherine Mann said on Monday that it was too soon for..
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Global companies to hike security spending as threats rise – survey
By Kate Holton LONDON (Reuters) – Almost half of security chiefs at the world’s biggest companies expect to increase thei..
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Ripe for change? Activist investors eye food, consumer goods firms
LONDON (Reuters) – In early 2021, investment management firm Artisan Partners sent an open letter to an incoming member of Dano..
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AstraZeneca shares fall 4% to 7-1/2 week low
LONDON (Reuters) -Shares in London-listed drugmaker AstraZeneca fell more than 4% on Monday, sliding to their lowest since July 19. T..
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BMW to invest $750 million in UK plants to take Mini fully electric
By Nick Carey LONDON (Reuters) -BMW said on Monday it will invest 600 million pounds ($750 million) in its UK plants to take its Mini..
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All of UK retailer Wilko’s stores to shut, risking 12,500 jobs
LONDON (Reuters) -Failed retailer Wilko will disappear from British high streets next month, as its entire chain of 400 homeware stor..
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England confirms 34 COVID cases linked to highly mutated variant – UKSHA
(Reuters) – UK Health Security Agency (UKSHA) said on Friday that 34 COVID-19 cases linked to the highly mutated variant BA.2.8..
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G20 chair India says leaders’ statement almost ready
NEW DELHI (Reuters) – The G20 leaders’ communique is almost ready to be presented to those attending the weekend summit o..
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Italy, France agree to postpone closure of Mont Blanc tunnel by a year
MILAN (Reuters) – Key maintenance works on the Mont Blanc tunnel between Italy and France have been postponed until September n..
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As deadly Greek rainstorm ebbs, a trail of devastation emerges
KARDITSA, Greece (Reuters) -Hundreds of people were stranded without food or water for a third day in Greece after a devastating rains..
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London-listed SPAC moves closer to launch of Lloyd’s insurance vehicle
LONDON (Reuters) – A London-listed special purpose acquisition company has moved closer to launching a vehicle designed to give..
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German inflation eases to 6.4% in August
BERLIN (Reuters) – German inflation eased in August to 6.4%, the federal statistics office said on Friday, confirming prelimina..
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Top 10 car battery brands
In the world of automobiles, reliability isn’t just a desirable trait; it’s an absolute necessity. The heartbeat of a veh..
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Gazprom’s board to consider buying shares
MOSCOW (Reuters) – The board of Russian natural gas giant Gazprom said on Tuesday that it will consider buying shares of the com..
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Tonix’s long COVID drug fails to meet mid-stage trial goal
(Reuters) – Tonix Pharmaceuticals Holding Corp said on Tuesday its experimental drug failed to meet the primary goal in a mid-s..
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Exclusive-Shell, Trinidad weigh Venezuela’s natural gas investment demands
By Curtis Williams and Marianna Parraga HOUSTON (Reuters) – Shell and Trinidad and Tobago’s National Gas Company (NGC) ar..
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Euro zone producer prices drop for seventh month in July
BRUSSELS (Reuters) – Euro zone producer prices fell for a seventh consecutive month in July, data showed on Tuesday, with figur..
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UK investors’ stocks sell-off accelerates, ESG ‘boom ends’ – Calastone
LONDON (Reuters) – Investors in Britain dumped both stocks and bonds in August as they continued to opt for the safety of cash ..
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Vodafone teams up with Amazon’s Project Kuiper to extend 5G reach
LONDON (Reuters) – Vodafone plans to work with Amazon’s low Earth orbit satellite constellation Project Kuiper to extend ..
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Equipment rental firm Ashtead lowers UK rental revenue outlook, shares fall
(Reuters) -British equipment rental firm Ashtead Group on Tuesday lowered its annual UK rental revenue growth forecast to 6%-9% from ..
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Russian services activity grows in Aug at fastest rate in five months -PMI
MOSCOW (Reuters) – Activity in Russia’s services sector grew at the fastest rate in five months in August as the sharpest..
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