German software maker SAP’s quarterly cloud revenue leaps 25%
(Reuters) -Europe’s largest software maker SAP reported a 25% jump in its cloud business and beat analysts’ estimates for ..
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Galp’s quarterly profit up 16% and Namibia oil in focus
By Sergio Goncalves LISBON (Reuters) -Portugal’s Galp Energia reported on Monday a 16% rise in second-quarter net profit, beatin..
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Artist swaps British Museum coin with fake
By Hani Richter (Reuters) – A Brazilian conceptual artist swapped a historic British coin for a fake in the British Museum to hi..
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China surprises with cuts to key rates to support weak economy
SHANGHAI (Reuters) -China surprised markets by lowering a key short-term policy rate and its benchmark lending rates on Monday, in eff..
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Xpeng, Volkswagen set up project house to roll out new EV architecture
(Reuters) -Chinese electric vehicle (EV) maker Xpeng has established project houses for engineers in partnership with German automaker..
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Aviation summit opens amid jet shortages, supply chain turbulence
Aviation summit opens amid jet shortages, supply chain turbulence By Joe Brock and Tim Hepher FARNBOROUGH, England (Reuters) – A..
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Dollar eases as Biden ends reelection bid; yuan steady after rate cut
By Kevin Buckland TOKYO (Reuters) – The dollar eased on Monday in the initial reaction to U.S. President Joe Biden’s decis..
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Dollar eases as Biden ends reelection bid; yuan steady after rate cut
By Kevin Buckland TOKYO (Reuters) – The dollar eased on Monday in the initial reaction to U.S. President Joe Biden’s decis..
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CrowdStrike says significant number of outage-affected devices back up
(Reuters) – Cybersecurity firm CrowdStrike said on Sunday that a significant number of the 8.5 million Microsoft devices that we..
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France’s Ubisoft tops guidance for Q1 net bookings on strong GaaS engagement
(Corrects July 18 story to say Ubisoft beat its own forecast but missed consensus for net bookings in headline and paragraphs 1..
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Electrolux swings to operating profit in Q2
STOCKHOLM (Reuters) – Electrolux, the world’s second-biggest appliances maker, reported on Friday an operating prof..
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Lift maker Schindler’s orders slip in Q2, weighed by China
By Louis van Boxel-Woolf and Bartosz Dabrowski (Reuters) -Swiss lift and escalator maker Schindler reported a slight decline in..
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Consumer goods makers weighed down by weak US and European sales
By Richa Naidu LONDON (Reuters) – Consumer goods giants including Nestle, Kraft Heinz and Reckitt are likely to report we..
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Big central banks are starting to cut rates, slowly
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – The move to ease monetary policy among major central banks is proving m..
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EU new car sales rise 4.3% in June, industry body ACEA says
By Greta Rosen Fondahn and Alessandro Parodi (Reuters) -New car sales in the European Union rose 4.3% in June to their highest since J..
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Standard Chartered boosts private bank team with 14 new hires
HONG KONG (Reuters) – Standard Chartered has hired more than a dozen new bankers to its private banking teams in Singapore, Hong..
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BYD to introduce three more car models to Vietnam market
HANOI (Reuters) – Chinese electric carmaker BYD will introduce three more models to the Vietnamese market this October and plans..
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Asian stocks slide on rising trade tensions, yen climbs
Asian stocks slide on rising trade tensions, yen climbs By Ankur Banerjee SINGAPORE (Reuters) – Asian equities fell on Thursday,..
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Samsung agrees to acquire British startup Oxford Semantic for AI
SEOUL (Reuters) – Samsung Electronics said on Thursday it agreed to acquire Oxford Semantic Technologies, a British startup spec..
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Britain’s new government must act fast to meet 2030 climate target, say advisers
By Susanna Twidale LONDON (Reuters) – The new Labour government will have to act fast to get Britain back on track to meet its 2..
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Oil prices gain 2% on big US storage withdrawal, weaker US dollar
By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude sto..
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Factbox-The King’s Speech: A guide to the new UK government’s proposed laws
By Andrew MacAskill LONDON (Reuters) -Britain’s new Labour government set out its first package of proposed laws on Wednesday as..
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Yen jumps on possible intervention, sterling hits one-year high
By Chuck Mikolajczak NEW YORK (Reuters) -The yen rose sharply on Wednesday in a move that was suspected to be the result of another in..
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German coalition passes 2025 budget after months of wrangling
By Maria Martinez BERLIN (Reuters) -The German cabinet passed its 2025 budget on Wednesday after months of wrangling, even though a 17..
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Netflix’s efforts to grow ad tier in focus as subscriber growth slows
By Harshita Mary Varghese (Reuters) – Netflix likely added the fewest number of subscribers in five quarters during April-June a..
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Stocks dive on prospect of US trade curbs; yen jumps
By Isla Binnie NEW YORK (Reuters) -World stock indexes mostly fell on Wednesday, with Wall Street weighed down by the prospect of U.S...
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BlackRock assets hit record-high $10.65 trillion on ETF flows, rising stocks
By Arasu Kannagi Basil and Davide Barbuscia (Reuters) – Assets managed by BlackRock hit a record $10.65 trillion in the second q..
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UK building firms face worst recruitment problems, survey shows
LONDON (Reuters) – Construction and engineering firms are bearing the brunt of Britain’s shortage of workers, accor..
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India’s Paytm gets warning from markets regulator for old transactions with banking unit
BENGALURU (Reuters) – Paytm received an administrative warning from India’s markets regulator for certain transacti..
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Asian shares fall as China drags, dollar in demand
By Stella Qiu SYDNEY (Reuters) – Asian shares fell on Tuesday as investors pondered the prospect of a Trump victory and what tha..
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TotalEnergies, SSE to launch EV charging company in UK and Ireland
By America Hernandez PARIS – French oil major TotalEnergies and UK power firm SSE are seeking to grab a 20% share of the electri..
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German 2025 budget draft has a 17 billion euros hole – sources
By Maria Martinez, Holger Hansen and Christian Kraemer BERLIN (Reuters) -The German cabinet plans to approve its draft for the 2025 bu..
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Factbox-European companies cut jobs as economy sputters
(Reuters) – Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiri..
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China’s economy falters, raises pressure for more stimulus
By Kevin Yao and Joe Cash BEIJING (Reuters) -China’s economy grew much slower than expected in the second quarter as a protracte..
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France ‘dangerously exposed’ in case of economic shock, national audit office says
By Sudip Kar-Gupta PARIS (Reuters) -France’s ailing public finances and its 154 billion euros ($168 billion) deficit figure leav..
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Analysis-Nvidia investor dilemma: how much is too much in a stock portfolio?
By David Randall NEW YORK (Reuters) – Outsized positions in artificial intelligence darling Nvidia have boosted portfolio manage..
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OpenAI working on new reasoning technology under code name ‘Strawberry’
By Anna Tong and Katie Paul -ChatGPT maker OpenAI is working on a novel approach to its artificial intelligence models in a project co..
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