MG Motor launches plug-in hybrid option in Mexico as EV race heats up
By Kylie Madry MEXICO CITY (Reuters) – MG Motor is launching a plug-in hybrid..
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Marketmind: Purchasing managers of the world, diverge
A look at the day ahead in European and global markets from Tom Westbrook A month-l..
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German govt to slightly raise 2023 GDP forecast – sources
German govt to slightly raise 2023 GDP forecast – sources By Holger Hansen BER..
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Siemens Energy signs 7-billion-eur offshore power deal with TenneT
BERLIN (Reuters) – Siemens Energy has won contracts worth almost 7 billion eu..
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IKEA plans new U.S. stores in $2.2 billion push to challenge Walmart and Wayfair
By Helen Reid LONDON (Reuters) – IKEA stores owner Ingka Group will spend 2 b..
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PGE signs wind turbine supply deal for Baltica 2
GDANSK (Reuters) – Poland’s biggest utility PGE said on Thursday a unit..
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Investors warn big consumer firms over price hikes as competitors gain
By Richa Naidu and Jessica DiNapoli LONDON/NEW YORK (Reuters) – Consumer good..
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GSK-spinoff Haleon forecasts 2023 organic revenue growth at top-end of view
(Reuters) – Consumer healthcare group Haleon expects 2023 organic revenue gro..
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Analysis-Crisis radar falls on fault lines in Europe’s commercial property
By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – European banks appea..
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Renault revenues rise 30% in Q1 on higher sales and prices
PARIS (Reuters) -French car maker Renault said on Thursday revenues had grown by 30..
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German automakers fight to defend their turf from Chinese rivals
SHANGHAI/BERLIN (Reuters) -German automakers have turned up in full force at Shangh..
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IBM beats first-quarter profit estimates, signals demand holding up
By Chavi Mehta (Reuters) -IBM Corp beat Wall Street expectations for first-quarter ..
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Portugal PM welcomes Lufthansa’s interest in TAP, Scholz sees good fit
LISBON (Reuters) – Portuguese Prime Minister Antonio Costa welcomed the inter..
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EU lawmakers back ban on goods linked to deforestation
By Kate Abnett BRUSSELS (Reuters) -The European Parliament approved a landmark defor..
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Testing waters, Hungary’s central bank flags cut in top end of rate corridor
By Krisztina Than and Alan Charlish BUDAPEST (Reuters) – Hungary’s cent..
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Euro zone services booming but sentiment recovery may have stalled -ECB’s Lane
DUBLIN (Reuters) -Growth in services across the euro zone is still accelerating but..
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UK’s Heathrow, airlines appeal regulator’s landing fee cut
LONDON (Reuters) -A cut to the fees Britain’s Heathrow can charge airlines fac..
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TIM shares slide as reported grid bids disappoint
ROME/MILAN (Reuters) – Shares in Telecom Italia (TIM) tumbled more than 5% on..
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Heineken sees Europe resilience offseting Asia slowdown risk
By Philip Blenkinsop BRUSSELS (Reuters) -Heineken maintained its forecast for 2023 ..
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Oil dips as potential Fed rate hike overshadows falling stocks
By Laila Kearney and Muyu Xu (Reuters) -Oil dropped on Wednesday as the market weig..
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Just Eat Takeaway raises 2023 guidance, launches buyback
By Tristan Veyet and Laura Lenkiewicz (Reuters) -Just Eat Takeaway.com NV raised it..
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Allianz puts N26 stake up for sale at $3 billion valuation – FT
(Reuters) – A unit of Allianz SE has put about 5% of its stake in German onlin..
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US FTC leaders will target AI that violates civil rights or is deceptive
WASHINGTON (Reuters) – Leaders of the U.S. Federal Trade Commission said on T..
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Crypto firms will develop ‘offshore’ without clear US rules, Coinbase chief says
LONDON (Reuters) -The U.S. and Britain should make their rules for the crypto indust..
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Dollar slips after upbeat China data; euro, pound rise
By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) – The dollar fell a..
Trading
France’s Macron promises government action plan in next 100 days
PARIS (Reuters) -French President Emmanuel Macron on Monday gave himself 100 days to..
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Business insolvency in England and Wales soars in March
LONDON (Reuters) – More companies in England and Wales entered insolvency dur..
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Germany added 35% more electric car charge points in 2022, says BDEW
FRANKFURT (Reuters) – The number of electric vehicle charging points in Germa..
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GSK bets $2 billion on Bellus cough drug to soothe pipeline fears
By Natalie Grover and Aby Jose Koilparambil (Reuters) -GSK plans to buy Canada-base..
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UK unemployment edges up but pay growth beats forecasts
By David Milliken LONDON (Reuters) -Britain’s unemployment rate rose unexpect..
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Takeover-target THG misses downgraded 2022 earnings guidance
LONDON (Reuters) – THG, the online retail platform that said on Monday it had..
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UBS makes changes to buyback programme following Credit Suisse takeover
ZURICH (Reuters) -UBS on Tuesday said it was making changes to its $6 billion share..
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Ericsson’s quarterly core profit misses expectations
STOCKHOLM (Reuters) -Sweden’s Ericsson on Tuesday reported first-quarter core..
Business
Northvolt and Scania unveil battery for heavy trucks
STOCKHOLM(Reuters) – Truck-maker Scania and battery producer Northvolt on Tue..
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Manchester United tanks on report Glazers may avoid sale with new investment
(Reuters) – Shares of Manchester United PLC fell 13% on Monday after a report..
Finance
Glencore courts 120 Teck investors for bid backing as spinoff vote looms -source
LONDON (Reuters) -Glencore executives have met or spoken with some 120 Teck Resourc..
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EU lawmakers call for summit to control ‘very powerful’ AI
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) -EU lawmakers ur..
Technology