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What’s better than OpenAI? Developers shop for alternatives

What’s better than OpenAI? Developers shop for alternatives

  By Krystal Hu NEW YORK (Reuters) – Microsoft-backed OpenAI is no longer..

Intercos fund shareholders L Catterton, OTPP sell 6% stake at 7% discount

Intercos fund shareholders L Catterton, OTPP sell 6% stake at 7% discount

MILAN (Reuters) – Private equity fund L Catterton and the Ontario TeachersR..

Factbox-Five facts about returning UBS CEO Sergio Ermotti

Factbox-Five facts about returning UBS CEO Sergio Ermotti

LONDON (Reuters) – Sergio Ermotti has been rehired as the CEO of Swiss banking..

Wizz Air loses fight against $67 million in state aid for Romanian rival

Wizz Air loses fight against $67 million in state aid for Romanian rival

By Foo Yun Chee BRUSSELS (Reuters) – European budget carrier Wizz Air on Wedne..

Britain’s Next sees lower clothing inflation, shares dip on cautious outlook

Britain’s Next sees lower clothing inflation, shares dip on cautious outlook

By James Davey LONDON (Reuters) -British fashion retailer Next reported a better-tha..

Banking turmoil means recession fears are creeping back

Banking turmoil means recession fears are creeping back

(Reuters) – The failures of U.S. lenders Silicon Valley Bank (SVB) and Signatu..

Asian stocks rally as bank jitters calm, Alibaba lifts mood

Asian stocks rally as bank jitters calm, Alibaba lifts mood

By Ankur Banerjee SINGAPORE (Reuters) – Asian shares surged on Wednesday as ea..

Ride-hailing app Cabify raises $110 million for expansion in LatAm, Spain

Ride-hailing app Cabify raises $110 million for expansion in LatAm, Spain

BOGOTA (Reuters) – Spanish ride-hailing app Cabify has raised $110 million in ..

UK broadcasters to stay prominent on smart TVs and speakers

UK broadcasters to stay prominent on smart TVs and speakers

LONDON (Reuters) – On-demand services from Britain’s BBC, ITV and other ..

Explainer-What are credit default swaps and why are they causing trouble for Europe’s banks?

Explainer-What are credit default swaps and why are they causing trouble for Europe’s banks?

By Amanda Cooper LONDON (Reuters) – Turbulence in Europe’s banks followi..

SCUDI launches innovative FinTech ‘Payday’ App in UK

SCUDI launches innovative FinTech ‘Payday’ App in UK

  SCUDI International BV announced today that its growing client base has neces..

EU approves law to end sales of new CO2-emitting cars by 2035

EU approves law to end sales of new CO2-emitting cars by 2035

BRUSSELS (Reuters) – European Union countries’ energy ministers gave fin..

Home battery sales in Germany may surge 59% this year -study

Home battery sales in Germany may surge 59% this year -study

FRANKFURT (Reuters) – German sales of batteries to store solar energy at home ..

UK’s Bellway to buy back shares, hike social housing output

UK’s Bellway to buy back shares, hike social housing output

By Aby Jose Koilparambil (Reuters) -UK’s Bellway will build a bigger share of ..

Stocks rise after bank sale fuels investor risk appetite

Stocks rise after bank sale fuels investor risk appetite

By Amanda Cooper LONDON (Reuters) -Global stocks rose and the dollar eased on Tuesda..

Euro 7 emissions proposals, the sequel Europe’s carmakers don’t want to see

Euro 7 emissions proposals, the sequel Europe’s carmakers don’t want to see

By Christina Amann and Marie Mannes BERLIN/STOCKHOLM (Reuters) – European carm..

Nvidia shows new research on using AI to improve chip designs

Nvidia shows new research on using AI to improve chip designs

By Stephen Nellis (Reuters) – Nvidia Corp, the world’s leading designer ..

OneWeb-Eutelsat set for secondary London listing – The Times

OneWeb-Eutelsat set for secondary London listing – The Times

(Reuters) – A combined company of London’s OneWeb and French satellite f..

Amazon loses bid to throw out case by UK drivers seeking worker rights

Amazon loses bid to throw out case by UK drivers seeking worker rights

LONDON (Reuters) -Amazon.com Inc has lost a bid to throw out three sample lawsuits b..

EU seeks clarification on Italy post-COVID plan, freezes 19 billion euros

EU seeks clarification on Italy post-COVID plan, freezes 19 billion euros

By Giuseppe Fonte and Gavin Jones ROME (Reuters) – The European Commission has..

BoE’s Bailey says rate-setters can put inflation before bank worries

BoE’s Bailey says rate-setters can put inflation before bank worries

By William Schomberg and Andy Bruce LONDON/MANCHESTER (Reuters) -Bank of England Gov..

In renewed push, Spain to tender EU funds for EVs, batteries in July

In renewed push, Spain to tender EU funds for EVs, batteries in July

By Joan Faus BARCELONA (Reuters) – Spain plans to launch two tenders simultane..

UK oil, gas firms to leave year’s worth of output in ground with tax hikes-report

UK oil, gas firms to leave year’s worth of output in ground with tax hikes-report

LONDON (Reuters) – Windfall taxes mean oil and gas producers in the British No..

UK retailers turn positive on sales hopes after bleak winter

UK retailers turn positive on sales hopes after bleak winter

LONDON (Reuters) – British retailers reported their first positive sales expec..

Li-Cycle to build French battery processing facility

Li-Cycle to build French battery processing facility

By Ernest Scheyder (Reuters) – Li-Cycle Holdings Corp said on Monday it will b..

Hungary’s booming wedding market doused by soaring inflation

Hungary’s booming wedding market doused by soaring inflation

By Gergely Szakacs and Krisztina Fenyo BUDAPEST (Reuters) – Soaring inflation ..

Credit Agricole launches China M&A and investment banking business

Credit Agricole launches China M&A and investment banking business

HONG KONG (Reuters) – Credit Agricole, France’s second-biggest listed ba..

U.S. mid-tier lenders shares rise in Frankfurt after SVB deal

U.S. mid-tier lenders shares rise in Frankfurt after SVB deal

LONDON (Reuters) – The Frankfurt-listed shares of several mid-tier U.S. lender..

UK’s competition watchdog to examine EDF buying GE’s nuclear turbine unit

UK’s competition watchdog to examine EDF buying GE’s nuclear turbine unit

(Reuters) – UK’s anti-trust regulator said on Monday it was looking into..

In inflation-hit Germany, massive strike over pay to cripple transport

In inflation-hit Germany, massive strike over pay to cripple transport

By Klaus Lauer and Tom Sims BERLIN/FRANKFURT (Reuters) – A massive strike in G..

Marketmind: Banks are leaking money

Marketmind: Banks are leaking money

A look at the day ahead in European and global markets from Wayne Cole It’s be..

Oil markets steady as investors weigh banking crisis, Russia

Oil markets steady as investors weigh banking crisis, Russia

By Mohi Narayan and Florence Tan (Reuters) -Oil prices stabilised in Asian trade on ..

How the 2023 banking crisis unfolded

How the 2023 banking crisis unfolded

(Reuters) – Global banks are staring at the biggest crisis since 2008 after tw..

Dollar outshines euro, sterling amid European bank jitters

Dollar outshines euro, sterling amid European bank jitters

By Hannah Lang WASHINGTON (Reuters) – The euro and sterling fell sharply again..

Amazon, other retailers revamp ‘free’ shipping as costs soar

Amazon, other retailers revamp ‘free’ shipping as costs soar

By Lisa Baertlein LOS ANGELES (Reuters) – There is no such thing as free shipp..

S&P Global fined 1.1 million euros for premature credit rating publications

S&P Global fined 1.1 million euros for premature credit rating publications

By Marc Jones LONDON (Reuters) -The European Union’s securities watchdog has f..

UK’s J D Wetherspoon returns to profit as supply issues ease

UK’s J D Wetherspoon returns to profit as supply issues ease

(Reuters) -British pub group J D Wetherspoon Plc on Friday posted a return to half-y..