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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-than-expected 5.7% rise in annual profit on Wednesday..

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 Signature Bank, followed by Credit Suisse’s rescue,..

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 easing concerns over the banking sector revived risk..

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 financing aimed at accelerating its growth in Lati..

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 public service broadcasters must remain easy to fi..

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 following the implosion of 167-year-old Credit Suisse and..

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 final approval on Tuesday to a law ending sales of ne..

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 may jump 59% this year as more residents seek a ch..

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 homes in its social housing programme this fiscal ..

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 Tuesday, after a deal backed by the U.S. regulator for F..