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..
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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 ..
Headlines
Global shares slide, dollar gains as rates rise on strong data
By Herbert Lash and Amanda Cooper WASHINGTON (Reuters) – Global equity markets slid and the dollar firmed on Monday after data s..
News
Bank of England’s Mann doubles down on backing for rate hikes
By Gergely Szakacs BUDAPEST (Reuters) – Bank of England rate-setter Catherine Mann on Monday backed further increases in interes..
Finance
UK new car sales rise in January, full-year sales to top last year – SMMT
(Reuters) – New car registrations in the United Kingdom rose for the sixth straight month, recording a 14.7% annual rise in Janu..
Business
UK watchdog warns crypto firms to prepare for advertising rule change
LONDON (Reuters) -Britain’s financial watchdog warned crypto businesses on Monday to get ready for a rule change on advertising ..
Headlines
U.S. job growth powers ahead; unemployment rate at 3.4%
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated sharply in January while the unemployment rate hit a more t..
Business
Euro zone inflation seen just above ECB’s target in 2025, poll shows
FRANKFURT (Reuters) – Euro zone inflation is set to decline to 2.1% in 2025, just a shade above the European Central Bank’..
Headlines
Kering recruits Estee Lauder exec for push into cosmetics
PARIS (Reuters) – French luxury goods group Kering said Friday it was entering the cosmetics business, with the announcement tha..
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Lockmaker Assa Abloy boosts dividend, but wary on outlook
STOCKHOLM (Reuters) -Assa Abloy, the world’s biggest lockmaker, raised its dividend more than expected as it met quarterly profi..
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TomTom raises 2023 revenue outlook as automotive drives Q4 beat
By Federica Mileo (Reuters) -Dutch navigation and digital mapping company TomTom raised its 2023 revenue forecast on Friday, after pos..
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France seeks strategy as nuclear waste site risks saturation point
By Benjamin Mallet LA HAGUE, France (Reuters) – At a nuclear waste site in Normandy, robotic arms guided by technicians behind a..
Headlines
Tech earnings hit pause button on market rally
By Caroline Valetkevitch and Herbert Lash (Reuters) – Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message..
Headlines
Billionaire Cohen builds stake in Nordstrom, urges board shakeup
By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Ryan Cohen is building a large stake in Nordstrom Inc and plans to pus..
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Ford posts lower profit, issues downbeat outlook; shares drop
By Joseph White and Paul Lienert DETROIT (Reuters) -Ford Motor Co on Thursday said quarterly profits fell and the automaker predicted ..
Headlines
Oil slumps on economic data, stronger U.S. dollar
By Laila Kearney NEW YORK (Reuters) -Oil prices settled lower on Thursday as U.S. industrial-linked factory orders dipped, while the d..
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Business
Apple’s weak iPhone sales drive first profit miss since 2016
Apple’s weak iPhone sales drive first profit miss since 2016
By Stephen Nellis (Reuters) – Apple Inc on Thursday reported sales and profits that missed Wall Street expectations driven by weak iPhone sales ..
Business
Central banks hike rates again, but a pause is coming
LONDON (Reuters) – Major central banks are steadily moving closer to a pause in their aggressive interest rate hiking campaigns...
Finance
Fed rates up, BoE up, ECB up, stocks up
By Marc Jones LONDON (Reuters) – Higher stock markets showed the bulls were still firmly in charge on Thursday as the European Central Bank and ..
Finance
Research confirms executive education boosts personal, professional and organisational life-wide learning
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Opinion
Roche flags 2023 earnings decline on slump in COVID products
By Ludwig Burger BASEL (Reuters) – Roche warned of a decline in 2023 earnings, as revenue growth from new drugs, including its h..
Headlines
Julius Baer 2022 profits fall as it hits business cycle targets
ZURICH (Reuters) – Julius Baer on Thursday said net profit fell 12% in 2022 in a tough market environment, as the Swiss bank sai..
Headlines
Trustly closes acquisition of Ecospend – becoming the leading Open Banking payments company in the UK
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Finance
New study finds that 98% of women want to come back to work after maternity leave – but only 13% say it’s viable
The Careers After Babies research found that 98% of women want to return to work after having a child but just 13% can make it work ..
Business
Exclusive: Volvo readies EV blitz in biggest product revamp under Geely
By Norihiko Shirouzu (Reuters) – Volvo Cars is gearing up for an electric blitz to convert all its mainstay models – three..
Headlines
Dollar falls to nine-month low as Powell notes progress in disinflation
By Karen Brettell NEW YORK (Reuters) – The dollar extended losses on Wednesday and fell to a nine-month low against a basket of ..
Finance
Investors go back to basics with simpler self-driving vehicles
By Nick Carey and Paul Lienert COVENTRY, England (Reuters) – Developing fully autonomous vehicles (AVs) that can go everywhere h..
Technology
UK shop price inflation hits record 8% in January: BRC
By David Milliken LONDON (Reuters) – Prices in British shops in January were 8.0% higher than a year before, the biggest annual ..
Finance
UK and EU reach post-Brexit customs deal for N.Ireland-The Times
LONDON (Reuters) -Britain and the European Union have struck a customs deal that could help end post-Brexit wrangling over Northern Ir..
Headlines
Dutch telecom KPN locks in 2023 targets helped by cost controls
(Reuters) -Dutch telecoms company KPN NV aims to slightly improve its core profit this year, it confirmed on Tuesday, supported by cos..
Headlines
Athletics-Farah returns for London Marathon before likely 2023 retirement
(Reuters) -Britain’s four-times Olympic champion Mo Farah said on Tuesday he expects 2023 to be the final year of his career, af..
Headlines
Philips to cut 13% of jobs in safety and profitability drive
By Bart H. Meijer AMSTERDAM (Reuters) -Dutch health technology company Philips will scrap another 6,000 jobs worldwide as it tries to ..
Headlines
Nissan and Renault agree to overhaul alliance, this time as equals
By Maki Shiraki and Gilles Guillaume TOKYO/PARIS (Reuters) -Nissan Motor Co and Renault SA agreed on Monday to a sweeping remake of th..
Headlines
EU recovers appetite for trade in green industry push
By Philip Blenkinsop BRUSSELS (Reuters) – The European Union is aiming to enact up to five trade deals in record time to ensure ..
News
Euro zone economic sentiment rises in January to seven-month high
BRUSSELS (Reuters) -Euro zone economic sentiment rose to a seven-month high in January on more optimism across all sectors except cons..
Finance
Shares and bonds nervy as rate-hike week looms
By Lawrence White LONDON (Reuters) – Stock markets worldwide halted their January rally on Monday, pausing for breath at the sta..
Headlines
Euro rises after Spanish CPI, dollar slips towards 8-mth low
By Samuel Indyk and Rae Wee LONDON (Reuters) – The euro rose on Monday after unexpectedly high Spanish inflation data raised exp..
Finance