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Microsoft says new computing service for chemicals can slash R&D time

Microsoft says new computing service for chemicals can slash R&D time

By Stephen Nellis Microsoft Corp on Wednesday introduced a new computing service aimed at helping chemical companies speed up the res..

Aegon bets on Transamerica to boost cash flow and dividend in 2025

Aegon bets on Transamerica to boost cash flow and dividend in 2025

(Reuters) -Transamerica owner Aegon on Thursday forecast a higher free cash flow and dividend in 2025, flagging untapped potential in..

Britain says insurer capital rule changes to start by end of 2023

Britain says insurer capital rule changes to start by end of 2023

By Huw Jones LONDON (Reuters) -Britain’s finance ministry said on Thursday that the first batch of post-Brexit reforms to ̵..

Analysis-For EV batteries, lithium iron phosphate narrows the gap with nickel, cobalt

Analysis-For EV batteries, lithium iron phosphate narrows the gap with nickel, cobalt

By Paul Lienert DETROIT (Reuters) – As the auto industry scrambles to produce more affordable electric vehicles, whose most exp..

Swiss National Bank calls for new measures after Credit Suisse crash

Swiss National Bank calls for new measures after Credit Suisse crash

By Noele Illien ZURICH (Reuters) -The Swiss National Bank (SNB) on Thursday said it was crucial to draw lessons from the Credit Suiss..

Nasdaq expects expanded markets to justify $10.5 billion Adenza merger price tag

Nasdaq expects expanded markets to justify $10.5 billion Adenza merger price tag

By John McCrank NEW YORK (Reuters) – Nasdaq’s eye-popping $10.5 billion bet on the little known financial software compan..

Intelsat, SES end merger talks – source

Intelsat, SES end merger talks – source

(Reuters) -Intelsat has ended merger talks with SES SA, a source familiar with the matter told Reuters on Wednesday, ending what would..

Oil rallies as grain markets tighten, dollar falls on Fed Chair comments

Oil rallies as grain markets tighten, dollar falls on Fed Chair comments

By Shariq Khan BENGALURU (Reuters) -Oil prices gained a dollar a barrel on Wednesday as U.S. corn and soybean prices raced to multi-m..

Dollar higher after Powell says Fed inflation fight ‘has a long way to go’

Dollar higher after Powell says Fed inflation fight ‘has a long way to go’

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar edged higher against a basket of currencies on Wednesday after Federal Reser..

French send deep diving robot to help Titanic sub search

French send deep diving robot to help Titanic sub search

By Louise Dalmasso PARIS (Reuters) – A French robot that can dive to 20,000 feet (6,000 metres) underwater is on its way to hel..

Factbox-Aviation emissions targets in focus at Paris Airshow

Factbox-Aviation emissions targets in focus at Paris Airshow

By Joanna Plucinska PARIS (Reuters) – Big deals at this week’s Paris Airshow have highlighted a sharp recovery in air tra..

UK manufacturers see lowest inflation since Feb 2021 – CBI

UK manufacturers see lowest inflation since Feb 2021 – CBI

LONDON (Reuters) – British manufacturers expect to raise prices by the smallest amount since February 2021 over the next three ..

German recession will be sharper than expected: Ifo

German recession will be sharper than expected: Ifo

BERLIN (Reuters) -The German economy will contract more than previously expected this year as sticky inflation takes its toll on priv..

UK’s Berkeley forecasts 20% drop in house sales as interest rates rises weigh

UK’s Berkeley forecasts 20% drop in house sales as interest rates rises weigh

By Suban Abdulla and Aby Jose Koilparambil (Reuters) -British high-end housebuilder Berkeley on Wednesday forecast a 20% drop in sale..

UK’s Halfords expects pricing efforts to drive profits

UK’s Halfords expects pricing efforts to drive profits

By Sarah Young LONDON (Reuters) -Halfords forecast profit would rise 3% in its current financial year, saying its efforts to keep pri..

European car sales rise in May – ACEA

European car sales rise in May – ACEA

BERLIN (Reuters) – European new car registrations increased in May, data from the region’s carmaker association showed on..

Factbox – Graphite producers doing deals with automakers and battery groups

Factbox – Graphite producers doing deals with automakers and battery groups

LONDON (Reuters) – Automakers are rushing to lock in graphite supply from outside dominant producer China as mined graphite dem..

Mastercard launches global plan to recycle credit cards

Mastercard launches global plan to recycle credit cards

By Simon Jessop LONDON (Reuters) – Payments company Mastercard on Wednesday launched a global project to recycle credit and deb..

Abu Dhabi’s ADNOC in almost $11 billion approach for Covestro -sources

Abu Dhabi’s ADNOC in almost $11 billion approach for Covestro -sources

By Emma-Victoria Farr, Ludwig Burger and Patricia Weiss (Reuters) -Abu Dhabi National Oil Company (ADNOC) has approached German plast..

UK fines WH Smith, M&S and others for not paying minimum wage

UK fines WH Smith, M&S and others for not paying minimum wage

LONDON (Reuters) – Britain has fined more than 200 companies, including top retailers WH Smith, Marks & Spencer and Argos, ..

Italy’s Brembo to move to Amsterdam to increase M&A options

Italy’s Brembo to move to Amsterdam to increase M&A options

MILAN (Reuters) – Italy’s Brembo is to move its legal headquarters to the Netherlands and strengthen its loyalty share sc..

Nasdaq to transfer European power business to EEX bourse

Nasdaq to transfer European power business to EEX bourse

By Vera Eckert and Nora Buli FRANKFURT/OSLO (Reuters) -Nasdaq will transfer its European power trading and clearing business to the E..

Abu Dhabi-based ADQ’s talks to take Lazard private fall apart- FT

Abu Dhabi-based ADQ’s talks to take Lazard private fall apart- FT

(Reuters) – Abu Dhabi’s sovereign wealth fund ADQ held talks with investment bank Lazard Ltd to take it private earlier t..

Factbox-Hyundai’s plans for EVs, restructuring in China

Factbox-Hyundai’s plans for EVs, restructuring in China

(Reuters) – Hyundai Motor, the No. 3 global automaker by sales with its affiliate Kia Corp, outlined plans on Tuesday for a dee..

MTU and Safran to create JV on military helicopter developments

MTU and Safran to create JV on military helicopter developments

(Reuters) – German MTU Aero Engines and French Safran have signed a memorandum of understanding to create a joint-venture on de..

Britain backs greener air travel with $280 million funding package

Britain backs greener air travel with $280 million funding package

LONDON (Reuters) – Britain has announced 218 million pounds ($279 million) to help fund research into greener air travel, its m..

Singapore tops list of costliest cities for goods, services aimed at the wealthy

Singapore tops list of costliest cities for goods, services aimed at the wealthy

SINGAPORE (Reuters) – Singapore for the first time became the most expensive city for goods and services for wealthy people, ov..

Lanxess slashes profit outlook as demand recovery lags

Lanxess slashes profit outlook as demand recovery lags

(Reuters) – German speciality chemicals maker Lanxess on Monday evening cut its second-quarter and annual core profit forecasts..

Adobe’s $20 billion deal to acquire Figma under threat from EU regulators – FT

Adobe’s $20 billion deal to acquire Figma under threat from EU regulators – FT

(Reuters) -European antitrust regulators are preparing to launch a formal investigation into software giant Adobe’s $20 billion..

Japan’s Suzuki to make ‘flying cars’ with SkyDrive

Japan’s Suzuki to make ‘flying cars’ with SkyDrive

TOKYO (Reuters) – Japanese automaker Suzuki Motor Corp said on Tuesday it had reached an agreement with SkyDrive Inc to make &#..

Great Resignation’ continues as quarter of workers look to change jobs – PwC

Great Resignation’ continues as quarter of workers look to change jobs – PwC

By Divya Chowdhury MUMBAI (Reuters) – A quarter of workers surveyed by PwC expect to change jobs in the next 12 months, up from..

EU electric vehicles risk 4.3 billion euro post-Brexit tariff cost – auto body

EU electric vehicles risk 4.3 billion euro post-Brexit tariff cost – auto body

BRUSSELS (Reuters) – Post-Brexit rules forcing European automakers to source more electric vehicle components from Britain or t..

UBS faces big penalty over Credit Suisse’s Archegos failings -FT

UBS faces big penalty over Credit Suisse’s Archegos failings -FT

(Reuters) – UBS Group AG faces hundreds of millions of dollars in penalties over Credit Suisse’s mishandling of Archegos ..

Sell-side research – key trends in 2023

Sell-side research – key trends in 2023

Equity markets had a turbulent year in 2022 with the Russia-Ukraine war, rising interest rates and the resurgence of COVID-19-related..

Bank of England launches first sector-wide liquidity ‘stress test’

Bank of England launches first sector-wide liquidity ‘stress test’

By Huw Jones LONDON (Reuters) -The Bank of England has launched its first system-wide liquidity ‘stress test’ to establis..

Royal Mail’s largest union to resume vote on deal with postal company on June 22

Royal Mail’s largest union to resume vote on deal with postal company on June 22

(Reuters) – The largest union of UK’s Royal Mail will resume voting on an agreement reached with the British postal firm ..

Stocks rally stalls, eyes Powell testimony for rate clues

Stocks rally stalls, eyes Powell testimony for rate clues

By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares drifted on Monday, consolidating gains after hitting a 14-mon..