News

Delivery Hero ramps up interest payments to raise 1 billion euro convertible bond

Delivery Hero ramps up interest payments to raise 1 billion euro convertible bond

By Pablo Mayo Cerqueiro (Reuters) – Germany’s Delivery Hero is offering investors significantly higher interest payments t..

Saipem shares drop, group says cannot explain why

Saipem shares drop, group says cannot explain why

MILAN (Reuters) – Saipem does not have any information explaining Monday’s share movements, a spokesman for the Italian en..

Love in a time of inflation: how much will Valentine’s Day set you back?

Love in a time of inflation: how much will Valentine’s Day set you back?

By Richa Naidu LONDON (Reuters) -This Valentine’s Day is set to look different after a year of record food inflation that has se..

Europe’s spend on energy crisis nears 800 billion euros

Europe’s spend on energy crisis nears 800 billion euros

By Kate Abnett BRUSSELS (Reuters) – European countries’ bill to shield households and companies from soaring energy costs ..

Sterling edges lower ahead of key data

Sterling edges lower ahead of key data

(Reuters) – Sterling edged lower on Monday at the start of a data-heavy week in which investors will scan inflation prints from ..

A crane, for God’s sake’: Inside the struggles of Turkey’s earthquake response

A crane, for God’s sake’: Inside the struggles of Turkey’s earthquake response

ANTAKYA/ISTANBUL (Reuters) – Kevser said she could hear her two sons trapped beneath the rubble of their collapsed apartment bui..

France leans on retailers to help consumers cope with food prices

France leans on retailers to help consumers cope with food prices

By Dominique Vidalon PARIS (Reuters) -France’s finance minister urged food retailers on Monday to do more to help consumers cope..

Orpea shares jump on Q4 revenue and cash boost

Orpea shares jump on Q4 revenue and cash boost

PARIS (Reuters) – Shares in scandal-hit French care homes group Orpea surged on Monday after the company posted a nearly 8% rise..

Be ‘really, really careful’ on inflation – Bank of England’s Haskel

Be ‘really, really careful’ on inflation – Bank of England’s Haskel

LONDON (Reuters) – Bank of England interest rate-setter Jonathan Haskel said the BoE should be “really, really carefulR..

German economy expected to grow modestly in 2023 – European Commission

German economy expected to grow modestly in 2023 – European Commission

BERLIN (Reuters) – The German economy will grow slightly this year, the European Commission said Monday, revising upwards its pr..

Nissan, Renault to invest $600 million to make 6 new models in India

Nissan, Renault to invest $600 million to make 6 new models in India

TOKYO (Reuters) -Nissan Motor Co and Renault SA said on Monday they would invest $600 million to make six new models in India, one of ..

Oil falls on demand worry as Fed ‘make or break moment’ approaches

Oil falls on demand worry as Fed ‘make or break moment’ approaches

By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices eased around 1% on Monday after rising in the previous session, as inve..

Shares steady, dollar gains ahead of U.S. inflation data

Shares steady, dollar gains ahead of U.S. inflation data

By Wayne Cole and Amanda Cooper LONDON/SYDNEY (Reuters) – Global shares steadied, while the dollar rose on Monday, ahead of U.S...

UK firms plan biggest pay rises since 2012 to fill staff gaps

UK firms plan biggest pay rises since 2012 to fill staff gaps

By Suban Abdulla LONDON (Reuters) – British employers expect to raise wages for their staff by the most in at least 11 years but..

Cyprus politician Christodoulides wins presidential vote

Cyprus politician Christodoulides wins presidential vote

By Michele Kambas NICOSIA (Reuters) – Former Cypriot foreign minister Nikos Christodoulides was elected president on Sunday in a..

Charles’s coronation emblem revealed, showing British king’s love of nature

Charles’s coronation emblem revealed, showing British king’s love of nature

The official emblem in English language of the coronation of Britain’s King Charles created by designer Jony Ive is ..

VW to speed up electric shift in five-year plan

VW to speed up electric shift in five-year plan

BERLIN (Reuters) -Volkswagen will speed up its shift to electric cars and revamp its software strategy in a five-year investment plan ..

Yen trims gains as possible next BOJ governor says current policy appropriate

Yen trims gains as possible next BOJ governor says current policy appropriate

By Samuel Indyk LONDON (Reuters) – The yen strengthened on Friday, before trimming some of its gains, after Kazuo Ueda, the figu..

First Abu Dhabi Bank reiterates not eyeing offer for Standard Chartered

First Abu Dhabi Bank reiterates not eyeing offer for Standard Chartered

SINGAPORE (Reuters) – First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, said on Friday it was not curr..

PayPal’s spending warning casts pall over upbeat forecast

PayPal’s spending warning casts pall over upbeat forecast

By Manya Saini and Jaiveer Shekhawat (Reuters) – PayPal Holdings Inc forecast full-year profit above Wall Street estimates on Th..

Britain boosts aid for Syria, Turkey after earthquakes

Britain boosts aid for Syria, Turkey after earthquakes

LONDON (Reuters) – Britain is committing additional funding – at least 3 million pounds ($3.65 million) – to support..

Algeria regains spot as Spain’s top natural gas source -Enagas

Algeria regains spot as Spain’s top natural gas source -Enagas

MADRID (Reuters) – Algeria regained its place as Spain’s main supplier of natural gas in January, providing a quarter of m..

Jewellery maker Pandora to expand lab-made diamond range

Jewellery maker Pandora to expand lab-made diamond range

By James Davey LONDON (Reuters) – Danish jewellery maker Pandora plans to expand its lab-made diamonds product range after custo..

Oil falls as earthquake impact on crude eases, rate hike fears rise

Oil falls as earthquake impact on crude eases, rate hike fears rise

By Laila Kearney NEW YORK (Reuters) -Crude prices eased on Thursday as oil infrastructure appeared to have escaped serious damage from..

Euronext delays commitment of traders report until further notice

Euronext delays commitment of traders report until further notice

PARIS (Reuters) – Euronext said its commodities commitment of traders report, which it had delayed on Wednesday until Feb. 10 at..

Oil prices steady after U.S. stockpile swell

Oil prices steady after U.S. stockpile swell

  By Shadia Nasralla LONDON (Reuters) – Oil prices were steady on Thursday, as optimism over recovering Chinese demand was ..

France’s Macron awards Legion of Honour to Ukraine’s Zelenskiy

France’s Macron awards Legion of Honour to Ukraine’s Zelenskiy

  PARIS (Reuters) – President Emmanuel Macron has bestowed the Legion of Honour on Ukraine’s leader Volodymyr Zelensk..

Bayer hits 8-month high as investors welcome CEO change

Bayer hits 8-month high as investors welcome CEO change

BERLIN (Reuters) -Bayer shares rose as much as 5% in early Thursday trading to an eight month high, adding to gains from the day befor..

Italy’s MPS sees ‘safe habour’ ahead after strong quarter

Italy’s MPS sees ‘safe habour’ ahead after strong quarter

By Valentina Za MILAN (Reuters) -Italian state-owned bank Monte dei Paschi di Siena (MPS) on Wednesday joined peers in solidly beating..

Russian threat to Baltic security rising – Estonian intelligence report

Russian threat to Baltic security rising – Estonian intelligence report

By Andrius Sytas VILNIUS (Reuters) – Estonia’s Foreign Intelligence Service said it believed Russia still had the strength..

Activision aims to help UK regulator ‘better understand our industry’

Activision aims to help UK regulator ‘better understand our industry’

  LONDON (Reuters) – “Call of Duty” maker Activision Blizzard said on Wednesday it hoped it could help Britain&..

EU considers ban on ‘forever chemicals’, urges search for alternatives

EU considers ban on ‘forever chemicals’, urges search for alternatives

By Ludwig Burger (Reuters) -The European Union on Tuesday started to consider a proposal to ban widely used, potentially harmful subst..

BP makes record profit in 2022, slows shift from oil

BP makes record profit in 2022, slows shift from oil

By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP reported on Tuesday a record profit of $28 billion for 2022 and hiked it..

ChatGPT mania pumps up Chinese AI technology stocks

ChatGPT mania pumps up Chinese AI technology stocks

SHANGHAI (Reuters) – Chinese artificial intelligence stocks are the latest rage in mainland markets as the global frenzy around ..

From boom to bottom and now big change: Renault and Nissan reshape alliance

From boom to bottom and now big change: Renault and Nissan reshape alliance

PARIS/TOKYO (Reuters) – French carmaker Renault and its Japanese partner Nissan announced a deal on Monday to redesign their dec..

UK stocks slip as rate hike worries grip investors

UK stocks slip as rate hike worries grip investors

By Sruthi Shankar and Shashwat Chauhan (Reuters) – The UK’s FTSE 100 closed lower on Monday, as upbeat U.S. economic data ..

Turkey quake kills 912 in historic disaster, Erdogan says

Turkey quake kills 912 in historic disaster, Erdogan says

ANKARA (Reuters) – At least 912 people were killed and more than 5,000 injured when a magnitude-7.8 earthquake struck southern T..