News

European shares set for worst week in three months, Siemens Energy plunges

European shares set for worst week in three months, Siemens Energy plunges

A survey showed euro zone business growth virtually stalled this month as the downturn in manufacturing deepened while activity in th..

Nasdaq to transfer European power business to EEX bourse

Nasdaq to transfer European power business to EEX bourse

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Bain Capital makes $3.2 billion offer for SoftwareOne, board says it’s too low

Bain Capital makes $3.2 billion offer for SoftwareOne, board says it’s too low

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Oil gains after US leaders strike debt deal

Oil gains after US leaders strike debt deal

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EU raw material targets need money and faster permits, sector chief says

EU raw material targets need money and faster permits, sector chief says

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Audit finds holes in ECB’s management of bank credit risk

Audit finds holes in ECB’s management of bank credit risk

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Pound hits one-year high against struggling dollar

Pound hits one-year high against struggling dollar

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U.S. officials lead urgent rescue talks for First Republic -sources

U.S. officials lead urgent rescue talks for First Republic -sources

By Nupur Anand, Andrea Shalal and Greg Roumeliotis NEW YORK (Reuters) – U.S. officials are coordinating urgent talks to rescue ..

Analysis-Crisis radar falls on fault lines in Europe’s commercial property

Analysis-Crisis radar falls on fault lines in Europe’s commercial property

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Testing waters, Hungary’s central bank flags cut in top end of rate corridor

Testing waters, Hungary’s central bank flags cut in top end of rate corridor

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Banking stability worries go behind closed doors at IMF-World Bank meetings

Banking stability worries go behind closed doors at IMF-World Bank meetings

The IMF opened the week by warning that a major new flare-up of banking system turmoil could slam global growth back to 1% this year,..

Oil gains after IEA sees demand rising to record high

Oil gains after IEA sees demand rising to record high

By Ron Bousso LONDON (Reuters) -Oil prices rose on Friday after the West’s energy watchdog said it expected global demand to ri..

Recruiter Hays boosted by record net fees, but cautious on outlook

Recruiter Hays boosted by record net fees, but cautious on outlook

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Lack of electric vans opens door for Chinese, other EV makers

Lack of electric vans opens door for Chinese, other EV makers

Seven of UK supermarket chain Asda’s eight ECVs are Maxus models, the other is a Ford. Fleet manager Sean Clifton has 50 additi..

G7 finance leaders pledge financial stability, supply chain diversity

G7 finance leaders pledge financial stability, supply chain diversity

The ministers said that supply chains needed to achieve both efficiency and resilience, helping to maintain macroeconomic stability a..

UK plans streamlined post-Brexit border checks

UK plans streamlined post-Brexit border checks

LONDON (Reuters) – Britain has set out plans to simplify and speed up post-Brexit border checks after repeated delays that the g..

Dollar skids after soft U.S. economic data; impact of OPEC+ cuts fades

Dollar skids after soft U.S. economic data; impact of OPEC+ cuts fades

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar stumbled on Monday, surrendering earlier gains following unexpected ..

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 carmakers are fighting back against proposed emission ..

Swiss franc grapples with safe-haven identity crisis after Credit Suisse

Swiss franc grapples with safe-haven identity crisis after Credit Suisse

By Samuel Indyk LONDON (Reuters) – The Swiss franc hasn’t lived up to its safe-haven reputation during the Credit Suisse c..

Oil steadies after dipping on China outlook; investors await Fed clues

Oil steadies after dipping on China outlook; investors await Fed clues

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices were steady on Monday as top oil executives debated supply tightness at an oil conf..

Estonia’s pro-Kyiv government faces election test amid cost of living crisis

Estonia’s pro-Kyiv government faces election test amid cost of living crisis

By Andrius Sytas KOHTLA-JARVE, Estonia (Reuters) – One of Europe’s most staunchly pro-Ukrainian governments faces a challe..

Australia’s Macquarie explores $6 billion deal for Britain’s M&G, Sky News reports

Australia’s Macquarie explores $6 billion deal for Britain’s M&G, Sky News reports

(Reuters) – Australian investment bank Macquarie Group Ltd is at the early stages of exploring a takeover bid of over 5 billion ..

Germany home prices to sink nearly 6% this year – Reuters Poll

Germany home prices to sink nearly 6% this year – Reuters Poll

By Indradip Ghosh BENGALURU (Reuters) – Home prices in Germany will fall more sharply this year and next than previously thought..

Big Tech ‘fair share’ debate set to dominate Barcelona mobile meet

Big Tech ‘fair share’ debate set to dominate Barcelona mobile meet

By Supantha Mukherjee, Martin Coulter and Joan Faus BARCELONA (Reuters) -A clash between Big Tech and European Union telecoms firms ov..

Oil prices steady after U.S. stockpile swell

Oil prices steady after U.S. stockpile swell

By Shadia Nasralla LONDON (Reuters) – Oil prices were steady on Thursday, as optimism over recovering Chinese demand was offset ..

Bayer hits 8-month high as investors welcome CEO change

Bayer hits 8-month high as investors welcome CEO change

BERLIN (Reuters) -Bayer shares rose as much as 5% in early Thursday trading to an eight month high, adding to gains from the day befor..

Russian threat to Baltic security rising – Estonian intelligence report

Russian threat to Baltic security rising – Estonian intelligence report

By Andrius Sytas VILNIUS (Reuters) – Estonia’s Foreign Intelligence Service said it believed Russia still had the strength..

Global shares slide, dollar gains as rates rise on strong data

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..

EU recovers appetite for trade in green industry push

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 ..

Sterling steadies vs dollar ahead of BoE, ECB meetings

Sterling steadies vs dollar ahead of BoE, ECB meetings

By Joice Alves LONDON (Reuters) – Sterling edged lower against the U.S. dollar on Monday ahead of a number of central bank meeti..

Public Power Corp, RWE to build five solar farms in Greece

Public Power Corp, RWE to build five solar farms in Greece

(Reuters) – Greece’s biggest power utility Public Power Corp. (PPC) and Germany’s RWE have taken a final investment ..

EU commission approves delay in medical devices law to avert shortages

EU commission approves delay in medical devices law to avert shortages

LONDON (Reuters) – The European Commission said on Friday it approved delaying the deadline for companies to comply with a new l..

Musk halts Twitter’s coveted blue check amid proliferation of imposters

Musk halts Twitter’s coveted blue check amid proliferation of imposters

By Nivedita Balu (Reuters) -Twitter Inc paused its recently announced $8 blue check subscription service on Friday as fake accounts mu..

News

AstraZeneca lifts 2022 earnings outlook as cancer drugs boost results

AstraZeneca lifts 2022 earnings outlook as cancer drugs boost results

By Natalie Grover (Reuters) -AstraZeneca raised its full-year earnings outlook on Thursday after strong sales of its key cancer drugs helped it beat q..

New carbon accounting standards crucial in matching changing climate investment landscape

New carbon accounting standards crucial in matching changing climate investment landscape

Specific accounting standards are urgently needed for new asset types such as certified carbon offset credits, according to a new repo..

Britain’s Next sticks to outlook after quarterly sales rise

Britain’s Next sticks to outlook after quarterly sales rise

By James Davey LONDON (Reuters) -British clothing retailer Next reaffirmed full-year guidance that was cut in September as it reported..

CVS, Walmart, Walgreens agree to pay $13.8 billion to settle U.S. opioid claims – sources

CVS, Walmart, Walgreens agree to pay $13.8 billion to settle U.S. opioid claims – sources

By Brendan Pierson (Reuters) -CVS Health Corp, Walgreens Boots Alliance Inc and Walmart Inc have tentatively agreed to pay about $13.8..