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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Ericsson beats US shareholder lawsuit over graft disclosures
(Reuters) – Swedish telecoms company Ericsson beat a lawsuit by U.S. shareholders on Wednesday, when a federal judge ruled it d..
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Dollar gains after Fitch watch heightens debt ceiling jitters
TOKYO (Reuters) – The dollar pushed to a two-month peak against a basket of its peers on Thursday as worries mounted about a dis..
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Enel suspends Colombia wind farm construction after years of protests
BOGOTA (Reuters) – The Colombian unit of Italy’s biggest utility, Enel, indefinitely suspended the construction of a wind..
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UK car output up 9.9% y-o-y in April as supply chain issues ease
(Reuters) – The number of cars made in Britain rose by 9.9% year-over-year in April as easing supply chain snarls helped boost ..
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BoE’s Bailey says ‘big lessons’ to be learned from UK inflation surge
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Tuesday the British central bank had “very big lessons to learn..
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Watchdog proposes first set of global rules for crypto sector
By Huw Jones LONDON (Reuters) -International securities watchdog IOSCO unveiled on Tuesday the first global approach to regulating cr..
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Denmark to boost healthcare with an extra $739 million per year
COPENHAGEN (Reuters) -Denmark will use stronger-than-expected economic growth to boost its healthcare system with an extra 5 billion ..
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Germany’s Lufthansa orders four Airbus planes
(Reuters) – German flagship carrier Lufthansa signed a contract to purchase four additional Airbus A350-900 long-haul planes, t..
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Drahi boosts stake in BT to 24.5%, will not make an offer
By Sarah Young LONDON (Reuters) -Billionaire Patrick Drahi has increased his stake in BT to 24.5% but reiterated that he does not pla..
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High inflation helps to swell UK budget deficit in April
By Andy Bruce LONDON (Reuters) -Britain borrowed more than expected in April as high inflation pushed the government’s debt int..
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Services drive acceleration in German business activity in May -flash PMI
BERLIN (Reuters) – German business activity expanded for a fourth month running in May, driven exclusively by a services sector..
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UK meat producer Cranswick’s full-year profit rises on strong demand
(Reuters) -Cranswick Plc on Tuesday reported a rise in full-year profit, as the British meat producer saw strong demand for gourmet m..
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Euro 7 emissions standard to cost many times EC forecasts -industry group
By Nick Carey LONDON (Reuters) – Proposed Euro 7 emissions regulations will lead to direct costs for auto manufacturers that ar..
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Julius Baer reports modest money inflows after slow start to 2023
ZURICH (Reuters) -Julius Baer reported on Tuesday a modest rise in assets under management and money inflows in the first four months..
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Cybersecurity challenges for IoT PKI and how to solve them
By Mike Hathaway, Chief Product Officer at Ascertia Every aspect of our lives has become connected through..
Technology
Dollar gains against yen as Fed policy, debt ceiling in focus
By Karen Brettell NEW YORK (Reuters) – The dollar rose against the Japanese yen on Monday, holding just below a six-month hig..
Trading
Concern over US default risk grips global markets as talks resume
By Chris Prentice and Nell Mackenzie NEW YORK/LONDON (Reuters) -Unease over how U.S. debt ceiling negotiations will pan out gripped g..
Finance
Meta fined $1.3 billion over data transfers to US – WSJ
(Reuters) – Facebook owner Meta Platforms Inc has been fined $1.3 billion by European Union privacy regulators for sending user..
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Britain chips away at NatWest stake with $1.6 billion share sale
By Iain Withers and Amy-Jo Crowley LONDON (Reuters) -British state-backed bank NatWest has agreed to buy 1.3 billion pounds ($1.6 bil..
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Explainer-How Wall Street is preparing for possible US debt default
By Davide Barbuscia and Pete Schroeder NEW YORK/WASHINGTON (Reuters) – As talks over raising the U.S. government’s $31.4 ..
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Markets edgy as US debt ceiling talks near crunch time
By Stella Qiu SYDNEY (Reuters) – Asian stocks and Wall Street futures struggled on Monday as U.S. debt ceiling negotiations app..
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Oil slips as U.S. debt caution offset supply concerns
By Florence Tan SINGAPORE (Reuters) -Oil prices slipped on Monday as caution around the U.S. debt ceiling talks and concerns about de..
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Dollar weakens after gains all week; debt deal hopes boost market sentiment
By Amanda Cooper and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The dollar fell on Friday after posting gains for mos..
Finance
Wall Street gains, Treasury yields rise as debt ceiling talks progress
NEW YORK (Reuters) – U.S. stocks were tentatively higher on Friday and benchmark Treasury yields extended their upward trajec..
Finance
Energy costs for most British households to fall 18% from July -Cornwall Insight
LONDON (Reuters) – Energy costs for most British households are expected to fall around 18% from July with regulator Ofgem pois..
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