UK manufacturers see lowest inflation since Feb 2021 – CBI
LONDON (Reuters) – British manufacturers expect to raise prices by the smalle..
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German recession will be sharper than expected: Ifo
BERLIN (Reuters) -The German economy will contract more than previously expected th..
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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..
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UK’s Halfords expects pricing efforts to drive profits
By Sarah Young LONDON (Reuters) -Halfords forecast profit would rise 3% in its curr..
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European car sales rise in May – ACEA
BERLIN (Reuters) – European new car registrations increased in May, data from..
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Factbox – Graphite producers doing deals with automakers and battery groups
LONDON (Reuters) – Automakers are rushing to lock in graphite supply from out..
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Mastercard launches global plan to recycle credit cards
By Simon Jessop LONDON (Reuters) – Payments company Mastercard on Wednesday l..
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Abu Dhabi’s ADNOC in almost $11 billion approach for Covestro -sources
By Emma-Victoria Farr, Ludwig Burger and Patricia Weiss (Reuters) -Abu Dhabi Nation..
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UK fines WH Smith, M&S and others for not paying minimum wage
LONDON (Reuters) – Britain has fined more than 200 companies, including top r..
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Italy’s Brembo to move to Amsterdam to increase M&A options
MILAN (Reuters) – Italy’s Brembo is to move its legal headquarters to t..
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Nasdaq to transfer European power business to EEX bourse
By Vera Eckert and Nora Buli FRANKFURT/OSLO (Reuters) -Nasdaq will transfer its Eur..
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Abu Dhabi-based ADQ’s talks to take Lazard private fall apart- FT
(Reuters) – Abu Dhabi’s sovereign wealth fund ADQ held talks with inves..
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Factbox-Hyundai’s plans for EVs, restructuring in China
(Reuters) – Hyundai Motor, the No. 3 global automaker by sales with its affil..
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MTU and Safran to create JV on military helicopter developments
(Reuters) – German MTU Aero Engines and French Safran have signed a memorandu..
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Britain backs greener air travel with $280 million funding package
LONDON (Reuters) – Britain has announced 218 million pounds ($279 million) to..
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Singapore tops list of costliest cities for goods, services aimed at the wealthy
SINGAPORE (Reuters) – Singapore for the first time became the most expensive ..
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Lanxess slashes profit outlook as demand recovery lags
(Reuters) – German speciality chemicals maker Lanxess on Monday evening cut i..
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Adobe’s $20 billion deal to acquire Figma under threat from EU regulators – FT
(Reuters) -European antitrust regulators are preparing to launch a formal investiga..
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Japan’s Suzuki to make ‘flying cars’ with SkyDrive
TOKYO (Reuters) – Japanese automaker Suzuki Motor Corp said on Tuesday it had..
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Great Resignation’ continues as quarter of workers look to change jobs – PwC
By Divya Chowdhury MUMBAI (Reuters) – A quarter of workers surveyed by PwC ex..
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EU electric vehicles risk 4.3 billion euro post-Brexit tariff cost – auto body
BRUSSELS (Reuters) – Post-Brexit rules forcing European automakers to source ..
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UBS faces big penalty over Credit Suisse’s Archegos failings -FT
(Reuters) – UBS Group AG faces hundreds of millions of dollars in penalties o..
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Sell-side research – key trends in 2023
Equity markets had a turbulent year in 2022 with the Russia-Ukraine war, rising int..
Business
Bank of England launches first sector-wide liquidity ‘stress test’
By Huw Jones LONDON (Reuters) -The Bank of England has launched its first system-wi..
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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 ..
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Stocks rally stalls, eyes Powell testimony for rate clues
By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares drifted on ..
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Biman Bangladesh to buy 10 Airbus jets, breaking Boeing reliance – minister
By Ruma Paul and Tim Hepher DHAKA/PARIS (Reuters) – State-owned carrier Biman..
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AstraZeneca planning China business spin off -FT
(Reuters) – Drugmaker AstraZeneca is drafting a plan to spin off its China bu..
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ECB risks losing sight of ‘greedflation’ with laser-focus on wages
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Ba..
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Oil slides more than $1 on China growth uncertainties
By Katya Golubkova and Emily Chow TOKYO (Reuters) -Global oil prices fell more than..
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Dollar drifts as traders weigh rate path; yen fragile
By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was tentative on Mond..
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JLR taps Everstream Analytics’ AI to dodge supply chain problems
By Nick Carey LONDON (Reuters) – JLR said on Monday it has partnered with sup..
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British supermarket Morrisons cuts prices of nearly 50 products
LONDON (Reuters) – British supermarket Morrisons said on Monday it was cuttin..
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Brits are turning to TikTok for mental health support – but is it safe? Paul Guess weighs in
By Paul Guess, mental well-being expert at Caba, the charity helping the ICAEW comm..
Entertainment
France’s Macron vows to boost sustainable aviation fuel production
PARIS (Reuters) – France will invest 200 million euros ($218.78 million) to b..
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Self-driving truck company Einride expands into Norway
COPENHAGEN (Reuters) – Swedish electric self-driving truck company Einride exp..
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Euro zone May inflation confirmed at 6.1% yr/yr, core eases
BRUSSELS (Reuters) – Euro zone consumer inflation sharply decelerated in May,..
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