Lumber e-Commerce platform MaterialsXchange relaunches with new features and order management tools
Byline: Alex Rabens, Founder and Chief Executive Officer, Mickey Traditionally buying and selling lumber used in constru..
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Nestle hires LSEG’s Anna Manz as CFO
By Richa Naidu and Friederike Heine LONDON/BERLIN (Reuters) – Nestle, the world’s biggest packaged food company, said on ..
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Unilever CFO Pitkethly to leave company by May 2024
By Richa Naidu and Eva Mathews (Reuters) – Unilever Plc said on Tuesday Chief Financial Officer Graeme Pitkethly would leave th..
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UK’s Asda to buy EG petrol stations unit in $2.9-billion deal
LONDON (Reuters) -British supermarket Asda said it would buy the bulk of petrol station operator EG Group’s UK and Ireland busi..
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Toyota, Daimler in deal to combine Japan truck operations
TOKYO (Reuters) -Daimler Truck Holding AG and Toyota Motor Corp said on Tuesday they had entered a non-binding agreement to combine t..
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Switzerland’s Social Democrats propose shrinking UBS – Aargauer Zeitung
ZURICH (Reuters) – Switzerland’s Social Democratic Party has drawn up a proposal to shrink UBS assets after its takeover ..
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PwC Australia clients, staff in focus as tax leak faces government hearings
By Lewis Jackson SYDNEY (Reuters) – Australian senators will use parliamentary hearings this week to demand accounting firm Pri..
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UK shop price inflation strikes new record high: BRC
By Andy Bruce LONDON (Reuters) – British shop price inflation picked up this month to reach its highest rate since industry rec..
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Tennis-‘Kosovo is the heart of Serbia’, Djokovic writes at French Open
By Julien Pretot and Shrivathsa Sridhar PARIS (Reuters) – Serbian world number three Novak Djokovic risked stirring up a politi..
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Cathay Pacific to order Boeing 777-8F freighter -sources
PARIS (Reuters) – Cathay Pacific is close to placing an order for Boeing 777-8F freighters as the Hong Kong carrier embarks on ..
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Dollar nudges lower as U.S. debt ceiling deal dents safe-haven appeal
By Dhara Ranasinghe LONDON (Reuters) -The dollar nudged lower on Monday, pulling back from six-month peaks against the yen as a U.S. ..
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Car sales push Irish retail sales sharply higher again
DUBLIN (Reuters) – Annual Irish retail sales volumes rose sharply again last month due to another surge in car sales, jumping 7..
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India’s investigation agency files graft case against BAE Systems, Rolls-Royce -document
NEW DELHI (Reuters) – India’s Central Bureau of Investigation (CBI) has filed a graft case against Britain’s BAE Sy..
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Uber executive says European taxis joining platform
By Toby Sterling AMSTERDAM (Reuters) – Uber is seeing an influx of European taxi drivers joining its platform, an executive tol..
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European shares rise on US debt deal optimism
(Reuters) – European shares rose on Monday as investors drew comfort from a tentative deal reached by U.S. lawmakers to raise t..
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Oil gains after US leaders strike debt deal
By Florence Tan and Mohi Narayan (Reuters) -Oil prices rose on Monday after U.S. leaders reached a tentative debt ceiling deal, possi..
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Nvidia, MediaTek partner on connected car technology
By Joseph White DETROIT (Reuters) – Nvidia Corp and MediaTek Inc on Monday said they will collaborate on technology to power ad..
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Britain’s Prime Minister Sunak congratulates Erdogan on election win
(Reuters) – Britain’s Prime Minister Rishi Sunak on Sunday congratulated Turkish President Tayyip Erdogan on his re-elect..
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Italy’s Industry Ministry reports ‘heavy’ cyberattack
MILAN (Reuters) – The Italian Industry Ministry’s web portal and applications were hit by a “heavy cyberattack̶..
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Engie, Amazon inaugurate Italy’s biggest agrivoltaic farm
MILAN (Reuters) – France’s Engie and Amazon on Friday cut the ribbon of Italy’s biggest agrivoltaic farm with the a..
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Insurers flee climate alliance after ESG backlash in the U.S
By Tommy Wilkes, Alexander Hübner and Tom Sims LONDON/FRANKFURT (Reuters) -A United Nations-convened climate alliance for insurers su..
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Failed moon landing caused by altitude miscalculation, Japan startup says
TOKYO (Reuters) – Japanese startup ispace inc’s failed Hakuto-R moon landing mission last month was caused by an altitude..
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Dollar set for third week of gains as US debt talks loom large
By Iain Withers LONDON (Reuters) – The dollar eased on Friday but stayed on track for a third straight weekly gain, as markets ..
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Analysis-Inflows into unloved European telecoms signal brighter future
By Danilo Masoni and Lucy Raitano MILAN/LONDON (Reuters) – Investors have poured money back into unloved European telecoms stoc..
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France confirms bird flu vaccination after favourable tests
PARIS (Reuters) – France confirmed its aim to launch a vaccination programme against bird flu in the autumn after results from ..
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Soaring airline customer complaints push global legislators to act
By Joanna Plucinska and Allison Lampert LONDON/MONTREAL (Reuters) – Nikoleta Dodova is among a growing number of dissatisfied a..
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Elon Musk’s Neuralink says has FDA approval for study of brain implants in humans
By Akriti Sharma and Rachael Levy (Reuters) – Elon Musk’s brain-implant company Neuralink on Thursday said the U.S. Food ..
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Nippon Steel still in talks with Teck as it seeks stake in coal asset
By Yuka Obayashi and Mayu Sakoda TOKYO (Reuters) -Nippon Steel Corp is still in talks with Teck Resources, despite Glencore’s b..
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Equinor shuts output at Statfjord A platform due to leakage
OSLO (Reuters) – Norway’s Equinor said it shut production at the Statfjord A oil and gas platform in the North Sea on Thu..
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Transforming trade finance: The Impact of the trade finance distribution initiative’s standardisation efforts
By Christoph Gugelmann Founder & CEO and Nils Behling Founder at Tradeteq In the beginning of April, the Chancellor unveiled a £1..
Finance
Some smaller UK lenders pull mortgage products as markets churn: brokers
LONDON (Reuters) – Some smaller British mortgage lenders temporarily withdrew and repriced products for new customers on Thursd..
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Companies face stricter supply finance disclosures after Greensill collapse
LONDON (Reuters) – Companies will have to disclose details of loans for paying suppliers from January 2024, a global accounting..
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UK retail sales fall in May after April rise, outlook less gloomy: CBI
LONDON (Reuters) – British retail sales declined this month after a modest rise in April but stores expect sales volumes to sta..
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Armani sales up 18% in Q1 as Asia rebounds, U.S. slows down
MILAN (Reuters) – Italy’s Armani said on Thursday that sales jumped 18% in the first quarter thanks to a rebound in Asia ..
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Analysis-Europe hits resistance in race to finalise green laws
By Kate Abnett BRUSSELS (Reuters) – Increased political resistance to new EU laws to protect the environment has left the Europ..
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Oil eases as Russia downplays additional OPEC+ cuts
By Ahmad Ghaddar LONDON (Reuters) -Oil prices fell on Thursday after Russian Deputy Prime Minister Alexander Novak played down the pr..
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British EV maker Arrival seeks second chance with US EV tax credits
By Paul Lienert and Nick Carey DETROIT/BICESTER, England (Reuters) – British electric van startup Arrival, which has hit many r..
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