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..
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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..
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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..
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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..
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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 ..
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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..
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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..
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The mouse that roared: New Zealand and the world’s 2% inflation target
By Lucy Craymer WELLINGTON, New Zealand (Reuters) – More than 30 years ago, some relatively youthful central bank and Treasury e..
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Hopes of slowdown in rate hikes bolster shares ahead of U.S. GDP
By Huw Jones LONDON (Reuters) – Stocks firmed on Thursday as investors bet that central banks meeting next week will signal a sl..
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Spain’s unemployment rate inches up to 12.87% in Q4 2022
(Reuters) -Spain’s unemployment rate rose to 12.87% in the fourth quarter of 2022 from 12.67% three months earlier, data from th..
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UK’s Wetherspoon posts 13.1% rise in sales for 25-wk period
(Reuters) – UK’s J D Wetherspoon reported a 13.1% rise in like-for-like sales for the 25 weeks to Jan. 22 on Wednesday, as..
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Global economy seen facing a challenging year -Eurochambres
BERLIN (Reuters) – The international business community expects a challenging 2023 marked by geopolitical tensions, high inflati..
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Ford to make call on Europe job cuts by mid-Feb as buyers circle German site
By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Ford will decide by mid-February how many jobs to cut in Europe a German u..
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Exclusive-Binance moved $346 million for seized crypto exchange Bitzlato, data show
By Tom Wilson and Angus Berwick LONDON (Reuters) -Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digit..
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Prada’s Lorenzo Bertelli sets out ‘soft transition’ to new leadership
By Elisa Anzolin VENICE, Italy (Reuters) – Italian fashion group Prada is hiring former Luxottica chief Andrea Guerra to smooth ..
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Sweden to upgrade Berzelius supercomputer with Nvidia AI systems
STOCKHOLM (Reuters) – Sweden will upgrade its Berzelius supercomputer using Nvidia’s latest artificial intelligence (AI) s..
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Bank funding for renewables stagnates vs oil and gas – report
LONDON (Reuters) – The share of bank finance going to renewable energy rather than fossil fuels has little changed in six years,..
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By Kate Abnett BRUSSELS (Reuters) – European Union proposals to overhaul its electricity market will attempt to better protect consumer energy b..
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New suppliers race to plug in to electric car market
By Nick Carey and Paul Lienert WOKING, England (Reuters) – The global auto industry has committed $1.2 trillion to developing el..
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Analysis-ECB seen struggling to keep market on side after mixed messages
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s policy signals don’t seem t..
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Activist investor Elliott Management takes stake in Salesforce -sources
(Reuters) -Activist investor Elliott Management Corp has made a multi-billion dollar investment in cloud-based software firm Salesforc..
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Analysis-Frankfurt ‘STIRs’ up euro clearing battle with London
By Huw Jones LONDON (Reuters) – Frankfurt expands derivatives clearing on Monday in an early test of how well European Union amb..
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European junk debt sales spring back to life as sentiment improves
By Chiara Elisei LONDON (Reuters) – Junk-rated companies in Europe have raised $1.4 billion from bond sales this month as invest..
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Frontline communications platform Yapster acquired by Sona with backing from Google’s Gradient Ventures
London, 17th January 2023 – Yapster, the leading mobile messaging app used by retailers to communicate with frontline employees,..
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ECB can cut carbon footprint by shedding bonds of biggest polluters
By Virginia Furness and Francesco Canepa LONDON (Reuters) -The European Central Bank could radically cut the carbon footprint of its c..
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Explainer-Why Malaysia is considering a ban on palm oil exports to the European Union
By Mei Mei Chu KUALA LUMPUR (Reuters) – Malaysia, the world’s second-largest palm oil producer, on Thursday said it might ..
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EDPR brings Iberia’s first wind-solar power plant on-stream
By Sergio Goncalves and Miguel Pereira LISBON (Reuters) – EDP Renovaveis, the world’s fourth-largest renewable power produ..
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King Charles, Prince William make first appearances since Harry’s memoir
By Michael Holden ABOYNE, Scotland (Reuters) -Britain’s King Charles and Prince William made their first public appearances on T..
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German home solar power firm sees bright future as demand soars
By Vera Eckert and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) – Soaring demand for home solar power systems in Germany could..
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Lighting maker Signify cuts 2022 outlook again on China, business lighting
(Reuters) -Signify NV, the world’s biggest maker of lights, on Thursday again cut its full-year 2022 profit margin and sales gui..
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Ubisoft shares slump 20% after French video game maker warns on revenue
By Dominique Vidalon PARIS (Reuters) -Shares in Ubisoft fell 20% on Thursday after the French video game maker warned on revenue and p..
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Centrica names O’Brien as new CFO, raises earnings forecast
(Reuters) -British Gas owner Centrica on Thursday named Russell O’Brien as its chief financial officer, and raised its full-year..
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Suedzucker quarterly profits surge 73.5% despite cost rise
HAMBURG (Reuters) -Europe’s largest sugar producer, Suedzucker, on Thursday posted a rise of 73.5%% in quarterly earnings as hig..
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Varo Energy buys 80% of Dutch biogas firm; aims to double capacity by 2026
LONDON (Reuters) – Fuel trader and refiner Varo Energy, owned by Carlyle and energy trader Vitol, told Reuters on Thursday it ha..
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KFC franchisees in Russia ask govt to halt sale of stores to local operator – RIA
MOSCOW (Reuters) – A number of KFC franchisees in Russia have asked the government to stop the sale of the Yum! Brands restauran..
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Chinese fret over elderly as WHO warns of holiday COVID surge
By Bernard Orr and Liz Lee BEIJING (Reuters) -People in China worried on Thursday about spreading COVID-19 to aged relatives as they p..
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Apple may add touch screens to Mac computers – Bloomberg News
(Reuters) -Apple Inc is actively working on adding touch screens to its Mac computers, Bloomberg News reported on Wednesday, citing pe..
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