Volkswagen to name Bentley production chief as new Cariad head – sources
By Jan Schwartz (Reuters) -Volkswagen will announce later on Monday the removal of the current leadership at its software unit Cariad..
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“A great treat”: King Charles heralds weekend of coronation celebrations
LONDON (Reuters) – King Charles thanked singers who performed at a coronation concert in his honour at Windsor Castle for a ..
News
Italy open to selling down MPS stake on market if terms, buyers are right – sources
By Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy’s Treasury is open to reducing its 64% stake in Monte dei Paschi di Si..
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German industrial output slumps, recession fears rise
By Maria Martinez BERLIN (Reuters) -German industrial production fell more than expected in March, partly due to a weak performance b..
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Spain’s Grifols names current chairman as CEO, ending family leadership
By Joan Faus BARCELONA (Reuters) -Grifols said on Monday its executive chairman Thomas Glanzmann will become its new chief executive ..
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Asia shares edge higher, wary of US bank data
By Wayne Cole SYDNEY (Reuters) – Asian shares were mostly higher on Monday as investors braced for a week where U.S. inflation ..
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Analysis-Battle for China’s electric SUV market heats up at home and abroad
SHANGHAI (Reuters) – China is ground zero for the price war in electric vehicles and the battleground is shifting to SUV-styled..
News
Dollar jumps as U.S. job gains, wage growth beat expectations
By Karen Brettell NEW YORK (Reuters) – The dollar jumped on Friday after data showed that U.S. employers added more jobs than e..
Finance
King Charles greets wellwishers outside palace before coronation
LONDON (Reuters) -Britain’s King Charles and his son William greeted wellwishers outside Buckingham Palace in central London on ..
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World leaders gather in London for King Charles’ coronation
LONDON (Reuters) – King Charles will hold a reception on Friday for world leaders gathered in London for his coronation this wee..
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WHO declares end to COVID global health emergency
LONDON (Reuters) -COVID-19 no longer represents a global health emergency, the World Health Organization said on Friday, a major step ..
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Analysis-Smoldering Iran nuclear crisis risks catching fire
By Arshad Mohammed, John Irish, Jonathan Landay and Parisa Hafezi WASHINGTON/PARIS/DUBAI (Reuters) – Even as the United States ..
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World food prices rise for first time in a year- FAO
ROME (Reuters) – The United Nations food agency’s world price index rose in April for the first time is a year, but is st..
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Adidas shares leap on results but CEO warns of bumpy year
By Helen Reid LONDON (Reuters) -Adidas reported better-than-expected quarterly results and said the Chinese market was improving, sen..
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Alpha Bank to sell bad loan portfolio to Fortress and Davidson Kempner
ATHENS (Reuters) – Alpha Bank ACBr.AT, one of Greece’s four largest lenders, said on Friday it signed a binding agreement..
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UK PM Sunak: Election results show people want us to deliver for them
LONDON (Reuters) – British Prime Minister Rishi Sunak said local elections results so far showed that people wanted his ruling ..
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Portugal’s Galp quarterly profit up 62%, below market forecast
LISBON (Reuters) -Portugal’s Galp Energia reported on Friday a smaller-than-expected 62% rise in adjusted first-quarter profit ..
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Republican leaders of Australia and NZ to pledge allegiance to king
By Alasdair Pal and Lucy Craymer SYDNEY/WELLINGTON (Reuters) – The leaders of Australia and New Zealand will pledge their alleg..
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Macquarie posts record profits on higher income from commodities arm
By Praveen Menon and Roushni Nair (Reuters) -Australia’s Macquarie Group on Friday forecast higher short-term income from its l..
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Geely’s London black cab unit unveils new large EV platform
ANSTY, England (Reuters) – Geely unit London Electric Vehicle Company (LEVC) on Friday unveiled a new, large electric-vehicle (E..
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Heineken to invest $300 million in Brazil to expand premium beer portfolio
SAO PAULO (Reuters) – Heineken NV, the world’s second-largest brewer, said on Thursday it will invest 1.5 billion reais (..
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US Treasury’s top international official heads to Europe, Asia for talks on economy
WASHINGTON (Reuters) – The U.S. Treasury Department’s top international official is heading to Europe and Asia this week ..
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UK / Flanders Trade Figures for 2022 Show Explosive Growth Fueled by Energy Crisis
Trade figures just released by Flanders Investment & Trade (the official government body for the Flanders region of Belgium) for 2..
Trading
What to expect from King Charles’ coronation on May 6
By Michael Holden LONDON (Reuters) -King Charles will be crowned at Westminster Abbey in a ceremony full of pomp, pageantry and solemn..
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Volvo Cars to axe 1,300 jobs as it steps up cost cuts
COPENHAGEN (Reuters) -Volvo Cars will lay off around 1,300 office-based employees in Sweden as it steps up cost cutting, the Sweden-b..
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Euro zone April business activity grows on strong services demand – PMI
By Indradip Ghosh BENGALURU (Reuters) – Growth in euro zone business activity sped up in April, though less than initially indi..
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Canadian PM Justin Trudeau to attend King Charles’ coronation in London
OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau will travel to Britain to attend the Coronation of King Charles at London..
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Joby Aviation to get investment from Tesla shareholder Baillie Gifford
(Reuters) – British investment management firm Baillie Gifford will invest $180 million in electric aircraft maker Joby Aviatio..
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UniCredit to use 300 million euro charges for voluntary staff exits-sources
MILAN (Reuters) – UniCredit will use restructuring charges it is set to book this year to fund voluntary exits after receiving s..
News
Asset Data: The Best Sales Resource You Never Knew You Had
Asset Data: The Best Sales Resource You Never Knew You Had By Sumair Dutta is Vice President Product Marketing for Servic..
Business
Fed delivers small rate hike, opens door to pause in tightening cycle
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve on Wednesday raised interest rates by a quarter of a perc..
News
Bangladesh moves up the ranks and could become the 24th largest economy by 2036
Bangladesh, located in South Asia, has made significant strides in recent years, with the country becoming one of the fastest-growing ..
Finance
Metro Bank posts second quarter of profitability on mortgage loans demand
(Reuters) – Metro Bank on Wednesday said it had reached underlying profitability for the second consecutive quarter, as net inf..
News
Flutter Q1 revenues jump 29% as U.S. races ahead, UK bounces back
By Padraic Halpin DUBLIN (Reuters) -Flutter grew its revenue by 29% on a pro-forma basis in the first quarter, driven by a near doubl..
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BNP Paribas first-quarter revenue beats as trading outperforms
By Mathieu Rosemain and Matthieu Protard PARIS (Reuters) -BNP Paribas’s first-quarter sales beat market expectations as trading..
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King Charles’ coronation will be an economic boost, Buckingham Palace says
By Michael Holden LONDON (Reuters) – The coronation ceremony for King Charles on Saturday will be the most glorious display of ..
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Cineworld gets US court approval to raise $2.26 billion after bankruptcy
By Dietrich Knauth (Reuters) – Bankrupt movie theater chain Cineworld received U.S. court approval on Tuesday to raise $2.26 bi..
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