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Spain to crack down on holiday rentals to address housing crisis

Spain to crack down on holiday rentals to address housing crisis

MADRID (Reuters) – Spain’s government on Wednesday announced a crackdown on short-term and seasonal holiday lettings amid..

Oil rises on US crude inventory draw, Mideast tensions

Oil rises on US crude inventory draw, Mideast tensions

By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices rose on Wednesday after industry data showed a bigger-than-expected draw in U.S. crude..

UK’s Vodafone and Virgin Media agree new network sharing deal

UK’s Vodafone and Virgin Media agree new network sharing deal

LONDON (Reuters) – Britain’s Vodafone and Virgin Media O2 agreed a new network sharing agreement to extend their existing..

Rivian says no plans to produce vehicles with VW after media report on early talks

Rivian says no plans to produce vehicles with VW after media report on early talks

SAN FRANCISCO (Reuters) -Rivian on Tuesday said it had no plans to produce vehicles with Volkswagen after a media report said the U.S..

Spain’s Iberdrola calls for greenwashing rules

Spain’s Iberdrola calls for greenwashing rules

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Shares flat, US Treasury yields weaken as markets weigh Fed chair comments

Shares flat, US Treasury yields weaken as markets weigh Fed chair comments

By Chibuike Oguh NEW YORK (Reuters) -Global stocks were flat while U.S. Treasury yields dipped on Tuesday as markets weighed data sho..

Factbox-Battles over CEO pay across the globe

Factbox-Battles over CEO pay across the globe

(Reuters) -A majority of Salesforce shareholders voted against a compensation plan for CEO Marc Benioff and other top executives, acc..

UK’s Sainsbury’s sales up 3%, poor weather dents non-food demand

UK’s Sainsbury’s sales up 3%, poor weather dents non-food demand

By James Davey LONDON (Reuters) -Sainsbury’s, Britain’s second-largest supermarket group, reported a 3% rise in first-qua..

Sterling dented by one-two punch from dollar and euro

Sterling dented by one-two punch from dollar and euro

LONDON (Reuters) – The pound neared its lowest in almost two months against a robust dollar on Tuesday, as the U.S. currency go..

US Treasury yields boost dollar, Powell speech in focus

US Treasury yields boost dollar, Powell speech in focus

By Amanda Cooper and Stefano Rebaudo (Reuters) -Rising U.S. yields supported the dollar on Tuesday, with low-yielding currencies such..

Shell to pause Dutch biofuels project as market sags

Shell to pause Dutch biofuels project as market sags

By Ron Bousso LONDON (Reuters) -Shell will pause construction work at one of Europe’s largest biofuel plants due to weak market..

Qatar Airways posts 39% jump in annual profit to record $1.67 billion

Qatar Airways posts 39% jump in annual profit to record $1.67 billion

DUBAI (Reuters) – Qatar Airways posted a 39% jump in annual net profit to a record 6.1 billion Qatari riyals ($1.67 billion) on..

German industry turns to solar in race to cut energy costs

German industry turns to solar in race to cut energy costs

By Riham Alkousaa BERLIN (Reuters) – For months, Philip Matthias tried to convince his father to install solar panels on their ..

UK’s Sainsbury’s says weak non-food weighs on quarterly sales growth

UK’s Sainsbury’s says weak non-food weighs on quarterly sales growth

LONDON (Reuters) -Sainsbury’s, Britain’s second largest supermarket group, kept its annual financial guidance as it repor..

French catering group Sodexo lags Q3 sales expectations

French catering group Sodexo lags Q3 sales expectations

(Reuters) – French food caterer Sodexo reported slightly lower than expected third-quarter sales on Tuesday, citing a change in..

Global factory activity has mixed performance in June, PMIs show

Global factory activity has mixed performance in June, PMIs show

By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Manufacturing activity in Europe suffered a setback last month but Asian f..

Euro rallies as French far right faces tricky path to majority

Euro rallies as French far right faces tricky path to majority

SINGAPORE/LONDON (Reuters) -The euro jumped on Monday after a convincing and historic win by the French far right in the first round o..

European stocks rally after first round of French vote

European stocks rally after first round of French vote

(Reuters) – European stocks rallied on Monday, with French shares leading the way after the far-right National Rally (RN) party..

Sanofi eyes investment of up to $1.6 billion in Germany, Handelsblatt says

Sanofi eyes investment of up to $1.6 billion in Germany, Handelsblatt says

FRANKFURT (Reuters) – French drugmaker Sanofi is nearing a decision to invest between 1.3 billion euros and 1.5 billion euros (..

Exclusive-Boeing agrees to buy Spirit Aero for $4.7 billion, sources say

Exclusive-Boeing agrees to buy Spirit Aero for $4.7 billion, sources say

By Mike Stone and Allison Lampert WASHINGTON (Reuters) -Boeing agreed on Sunday to acquire Spirit AeroSystems for more than $4 billio..

Asia shares eye five-month winning streak; yen slumps

Asia shares eye five-month winning streak; yen slumps

By Rae Wee SINGAPORE (Reuters) – Asian stocks are headed for a fifth straight month of gains on Friday, bolstered by the growin..

Stocks inch lower as semiconductor shares ease; yen up vs dollar

Stocks inch lower as semiconductor shares ease; yen up vs dollar

By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes edged lower in choppy trading Thursday as Micron Technology shares ..

Global carbon removal market could reach $100 billion/yr from 2030-35, report says

Global carbon removal market could reach $100 billion/yr from 2030-35, report says

By Susanna Twidale LONDON (Reuters) – The global market for carbon dioxide (CO2) removal credits could reach up to $100 billion..

US dollar retreats after weak economic data; yen gets minor relief

US dollar retreats after weak economic data; yen gets minor relief

By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) -The yen edged up from a 38-year low against the U.S. dolla..

Chinese-owned chipmaker Nexperia invests $200 million in European expansion

Chinese-owned chipmaker Nexperia invests $200 million in European expansion

By Toby Sterling AMSTERDAM/HAMBURG (Reuters) – Nexperia, one of the world’s largest makers of basic semiconductors such a..

UBS’s new wealth management co-leaders announce reshuffle

UBS’s new wealth management co-leaders announce reshuffle

UBS’s new wealth management co-leaders announce reshuffle By Noele Illien and Oliver Hirt ZURICH (Reuters) – UBS is making..

UK retailer Halfords posts lower annual profit

UK retailer Halfords posts lower annual profit

(Reuters) -British bicycle and car products retailer Halfords Group reported a fall in annual profit on Thursday as footfall across i..

Nokia sells submarine networks business ASN to French state

Nokia sells submarine networks business ASN to French state

COPENHAGEN (Reuters) – Nokia on Thursday said it had agreed to sell its submarine networks business ASN to the French state for..

BP halts hiring, slows renewables roll-out to win over investors

BP halts hiring, slows renewables roll-out to win over investors

By Ron Bousso LONDON (Reuters) – BP’s new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind..

SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports

SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports

(Reuters) – Japanese technology investor SoftBank Group Corp’s Vision Fund 2 is investing between $10 million and $20 mil..

Dollar hits 38-year high vs yen; stocks mostly ease

Dollar hits 38-year high vs yen; stocks mostly ease

By Caroline Valetkevitch NEW YORK (Reuters) -The dollar hit a fresh 38-year high against the Japanese yen on Wednesday, with investor..

Euro zone yields edge up before inflation data, caution over France

Euro zone yields edge up before inflation data, caution over France

By Stefano Rebaudo (Reuters) -Euro zone government bond yields rose on Wednesday as investors awaited inflation data from the Unite..

Yen tumbles to 38-year low vs dollar as likely Japan intervention looms

Yen tumbles to 38-year low vs dollar as likely Japan intervention looms

NEW YORK/LONDON (Reuters) – The yen dropped to its lowest against the U.S. dollar since late 1986 on Wednesday, amid a wide in..

UK retail sales go into reverse this month, CBI survey shows

UK retail sales go into reverse this month, CBI survey shows

(Reuters) -British retail sales softened this month after a recovery in May, and stores expect another drop next month, an industry s..

Aussie dollar jumps on inflation spike, while yen stays under pressure

Aussie dollar jumps on inflation spike, while yen stays under pressure

By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) -The Australian dollar rallied after a surprise jump in inflation on ..

Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say

Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say

By Amy-Jo Crowley and Abigail Summerville LONDON (Reuters) – U.S. meal delivery group Doordash flagged an interest in a takeove..

Miner BHP’s carbon emissions to rise slightly this year

Miner BHP’s carbon emissions to rise slightly this year

By Melanie Burton MELBOURNE (Reuters) -BHP Group’s operational carbon emissions are set for a “small increase” this..