Chinese payment giants revive effort to accept foreign credit cards
By Josh Ye HONG KONG (Reuters) – Chinese tech giants Tencent Holdings and Ant Group said that they would allow users to link in..
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Euro zone lending takes another hit in May
(Reuters) – Euro zone bank lending slowed further in May, dragged down by higher interest rates and a recession in the blocR..
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Boohoo urges Revolution Beauty to call general meeting over board changes
(Reuters) – Boohoo on Wednesday urged Revolution Beauty to call for its requisitioned general meeting “without further de..
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SAP CEO: huge growth potential in generative AI
(Reuters) – German business software maker SAP sees huge growth potential in generative AI technology, Chief Executive Officer ..
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Nissan will not fill COO position left open by Gupta’s departure
TOKYO (Reuters) – Nissan Motor Co has decided to not fill in the chief operating officer position vacated by Ashwani Gupta unde..
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Asia shares subdued, yen shunned as euro shines
SYDNEY (Reuters) – Asian shares stalled on Wednesday as surprisingly upbeat U.S. economic news warred with global growth concern..
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Google lays off staff at its mapping app Waze
(Reuters) -Alphabet-owned Google on Tuesday said it is cutting jobs at mapping app Waze as it merges the app’s advertising syst..
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Google lays off staff at its mapping app Waze
By James Davey LONDON (Reuters) – One in seven people in the United Kingdom faced hunger last year because they did not have en..
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Cryptoverse: Bitcoin bounces on BlackRock buzz
By Lisa Pauline Mattackal and Medha Singh (Reuters) – What would Satoshi make of it all? Bitcoin, the currency created to subve..
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Hungary not getting EU recovery funds would hit credibility – Fitch
By Gergely Szakacs BUDAPEST (Reuters) – Any failure by Hungary to pass reforms to unlock European Union recovery funds would ha..
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German bond yield curve most inverted in nearly 31 years
By Stefano Rebaudo (Reuters) -The German yield curve was at its most inverted level in nearly 31 years on Tuesday as investors bet th..
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Aston Martin’s shares skid after it drops sales volume target
By Aby Jose Koilparambil (Reuters) – British luxury carmaker Aston Martin unnerved investors on Tuesday by leaving out a sales ..
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Renault CEO says free float of future electric unit will be more than 10%
PARIS (Reuters) – A sizeable chunk of Renault’s planned electric vehicle spinoff could remain in free float on the stock ..
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Accor plans to add more than 1,200 hotels
(Reuters) -Accor plans to open more than 1,200 hotels in the next five years, increasing the number of its resorts by more than one-f..
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China’s state banks seen selling dollars offshore to slow yuan drop – sources
SHANGHAI/BEIJING (Reuters) -China’s major state-owned banks were seen selling dollars in the offshore spot foreign exchange mar..
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Indonesia’s Pertamina, Electrum sign battery packs development deal
JAKARTA (Reuters) – Indonesia’s state energy company Pertamina said late on Monday it plans to develop battery packs for ..
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Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal
KUALA LUMPUR (Reuters) – Petronas said on Tuesday it has signed a development agreement with TotalEnergies Carbon Neutralit..
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Dollar holds firm ahead of U.S. durable goods, housing data
By Rocky Swift TOKYO (Reuters) – The U.S. dollar held its ground against major currencies on Tuesday as tension in Russia simme..
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Illumina starts job cuts, plans office exit to rein in costs
(Reuters) -Illumina Inc has commenced job cuts, the genetic sequencing equipment maker said on Monday, as it looks to cushion the imp..
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Britain says Celsa Steel has repaid emergency COVID loan, created 300 jobs
LONDON (Reuters) – The British arm of Celsa Steel has fully repaid an emergency COVID loan it received 3 years ago, generating ..
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UK’s Sainsbury’s cuts more prices, adding to signs of abating inflation
By James Davey and Sarah Young LONDON (Reuters) -British supermarket Sainsbury’s cut more prices on Monday, adding to evidence ..
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Yara postpones clean ammonia IPO after weak valuation
OSLO (Reuters) -Norway’s Yara has postponed a planned initial public offering of its Yara Clean Ammonia (YCA) business by one o..
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German business sentiment points to likelihood of longer recession
BERLIN (Reuters) -German business morale worsened for the second consecutive month in June, a survey showed on Monday, indicating tha..
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AB Foods raises profit outlook as Primark gets summer boost
By James Davey LONDON (Reuters) -Associated British Foods raised its full year profit outlook on Monday with its Primark fashion busi..
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Euronext to sell 11.1% stake in LCH SA to LCH Group
PARIS (Reuters) -European stock market operator Euronext said on Monday it had agreed to sell its 11.1% stake in the European operati..
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Analysis-After the buzz, investors are doing their own homework on AI
By Danilo Masoni and Lucy Raitano MILAN (Reuters) – The rapid adoption of generative artificial intelligence has boosted market..
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PwC Australia says staff involved in tax leak face ‘severe’ consequences
By Lewis Jackson SYDNEY (Reuters) -PricewaterhouseCoopers Australia staff who are found to have acted improperly in a scandal over th..
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Desperately seeking staff: Paris Airshow lets jobless in for free
By Allison Lampert and Tim Hepher PARIS (Reuters) – Jean Blondin usually attends the world’s largest air show to find new..
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Explainer-Top Indian startup Byju’s battles auditor criticism, board exits
By M. Sriram MUMBAI (Reuters) – Education technology giant Byju’s, one of India’s biggest startups valued at $22 bi..
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Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit
TOKYO (Reuters) – Japan’s Mitsubishi Corp expects no operational problems at the Sakhalin-2 liquefied natural gas (LNG) p..
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Honda to recall about 1.2 million vehicles in US – NHTSA
(Reuters) – Honda Motor Co is recalling about 1.2 million vehicles in the United States due to an issue with the rearview camer..
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European shares set for worst week in three months, Siemens Energy plunges
By Shreyashi Sanyal (Reuters) -European shares dipped on Friday at the end of a central bank policy-packed week that reinforced views..
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UK consumer morale touches 17-month high despite inflation pain – GfK
By Suban Abdulla LONDON (Reuters) – British consumer sentiment hit its highest level since January 2022 as households turn more..
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Investors increase bets on UK recession as rate hikes bite
By Naomi Rovnick and Harry Robertson LONDON (Reuters) -Markets are doubling down on bets for a UK recession after the Bank of England..
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Exclusive-India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark -sources
By Nidhi Verma NEW DELHI (Reuters) – Indian state-run refiner BPCL is in talks with Rosneft to buy about 6 million metric tons ..
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Lithium producers warn global supplies may not meet electric vehicle demand
By Ernest Scheyder LAS VEGAS (Reuters) – Lithium producers are growing anxious that delays in mine permitting, staffing shortag..
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Saudi’s SAMI signs pact with Safran Helicopter Engines for engine maintenance
(Reuters) – State-owned Saudi Arabian Military Industries(SAMI) signed an agreement with France’s Safran Helicopter Engin..
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