Analysis-Foreign firms’ losses from exiting Russia top $107 billion
Western nations froze around $300 billion of the Bank of Russia’s gold and foreign exchange reserves after Russia’s invas..
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Climate change, AI in focus at Commonwealth’s Oct meet in Samoa
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UK homeowners and businesses resilient to high interest rates, BoE says
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Analysis – Europe’s gas stocks point to healthy supply next winter
By Susanna Twidale, Marwa Rashad and Nina Chestney LONDON (Reuters) – The European Union will have plenty of gas in stock nex..
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Factbox-European companies cut jobs as economy sputters
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Ferrari to expand cooperation with battery supplier SK On
MILAN (Reuters) – Luxury sports car manufacturer Ferrari has entered a preliminary agreement with its electric-vehicle (EV) bat..
Business
Shares edge higher; yen’s drop to 1990 low lifts Nikkei
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Wealth Creation
Olympics-Parisians get ready to leave city with rental cash in pocket
PARIS (Reuters) – Like many Parisians, Martin Cassan will be heading the other way when the tidal wave of Olympics visitors hit..
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Big Oil’s climate planning not good enough, investor group says
By Simon Jessop LONDON (Reuters) -The current low-carbon transition plans of 10 of Europe’s and North America’s biggest l..
News
Brazil, France launch $1.1 billion program to protect Amazon rainforest
By Ueslei Marcelino BELEM, Brazil (Reuters) -Brazil and France on Tuesday launched an investment program to protect the Brazilian and..
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UK’s ASOS posts 18% drop in first-half sales
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German consumer sentiment stays on slow recovery path, finds GfK
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France’s Atos seeks debt restructuring plan by July after record losses
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RiverRock and Horizon acquired from Ferrovial an 89.2% stake in Euroscut Azores, a Portuguese 93 km shadow toll road in the Azores
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Google, Apple breakups on the agenda as global regulators target tech
It is far from certain that regulators will issue break-up order as they mull options and any action may just result in a fine. Legal..
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Home improvement retailer Kingfisher warns on profit outlook
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Talgo’s top shareholder in talks with Stadler over takeover bid, report says
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Analysis-Spain’s battle of the banks as BBVA narrows gap to Santander
Although BBVA cannot compete with Santander for reach and scale, its shares trade at more than 1.2 times book value thanks to a 32.5%..
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Analysis-Cocoa rally and market tumult hoist systematic hedge funds ahead of their peers
The highest-performing systematic strategies or trend funds took the most risk. These use different volatility thresholds to decide w..
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Oil rises as heightened geopolitical risks exacerbate supply concerns
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Australia’s ANZ Group to settle credit cards class action for $37.4 million
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Thousands of Spanish bank staff strike to demand pay rise, union says
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Air Europa says customer data may have been compromised in October breach
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Santander expects over 6 billion euros in dividends, buybacks on solid 2024 start
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European Championship won’t save German economy, study shows
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Dollar set for weekly rise as Swiss cut signals potential rates gap
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UK consumers turn positive about their finances, GfK survey shows
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King Charles doing ‘very well’, Camilla tells Belfast crowds
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Oil broadly steady after surprise US crude stock drop
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Europe’s pro-nuclear leaders seek atomic energy revival
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Reddit set for hotly anticipated debut after pricing IPO at top of range
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UK inflation fall paves way for BoE rate cuts later in 2024
The BoE has said that kind of underlying inflation pressure in the economy remains too persistent for it to cut interest rates now al..
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Glencore aims to cut industrial assets’ carbon emissions by one-fourth by 2030
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Stellantis buys stake in optical radar start-up SteerLight
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Gloomy youth pull US and western Europe down global happiness ranking
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UK’s Labour opens door for more investment borrowing
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California, Stellantis strike vehicle emissions deal
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