Headlines

Germany’s BaFin tells Eurex Clearing, Clearstream to clean up organisational deficiencies

Germany’s BaFin tells Eurex Clearing, Clearstream to clean up organisational deficiencies

FRANKFURT (Reuters) – Germany’s financial supervisory authority (BaFin) said on Thursday it has ordered clearing house Eur..

Geely’s EV brand Zeekr aims to double sales in 2023, expand in Europe

Geely’s EV brand Zeekr aims to double sales in 2023, expand in Europe

By Joseph White LAS VEGAS (Reuters) – Chinese electric vehicle brand Zeekr aims to double sales in 2023 to about 140,000 vehicle..

Amazon CEO says job cuts to exceed 18,000 roles

Amazon CEO says job cuts to exceed 18,000 roles

By Jeffrey Dastin and Uday Sampath Kumar (Reuters) -Amazon.com Inc’s layoffs will now increase to more than 18,000 roles as part..

British shoppers defy cost-of-living crisis at Christmas

British shoppers defy cost-of-living crisis at Christmas

By James Davey and Sarah Young LONDON (Reuters) -Britons spent more than expected over Christmas, Next, one of the country’s big..

UK’s Prince Harry declines to commit to attending King Charles’ coronation

UK’s Prince Harry declines to commit to attending King Charles’ coronation

LONDON (Reuters) – Prince Harry declined to commit to going to the coronation of his father King Charles, according to a clip fr..

Britain’s Next sees lower profit in 2023 as consumer outlook darkens

Britain’s Next sees lower profit in 2023 as consumer outlook darkens

By James Davey LONDON (Reuters) – Britisah clothing retailer Next forecast lower profit in its 2023-24 year, reflecting uncertai..

Walmart paid most of $1 billion tax for PhonePe shifting base to India

Walmart paid most of $1 billion tax for PhonePe shifting base to India

By Nandan Mandayam BENGALURU (Reuters) – Walmart Inc late on Wednesday confirmed that it had already paid the Indian government ..

With big bets on Musk, these funds may have a Tesla problem in ’23

With big bets on Musk, these funds may have a Tesla problem in ’23

By David Randall NEW YORK (Reuters) – Tesla Inc’s steep sell-off is proving to be an ongoing nightmare for fund managers t..

UK’s December shopper numbers defy inflation and rail strikes hit

UK’s December shopper numbers defy inflation and rail strikes hit

LONDON (Reuters) – Shopper numbers across Britain in December rose 5.8% from November and were up 9.9% compared to 2021 despite ..

GE HealthCare rises 8% in market debut, eyes small deals

GE HealthCare rises 8% in market debut, eyes small deals

By Leroy Leo and Kannaki Deka (Reuters) -GE HealthCare Technologies Inc’s shares rose as much as 8.4% in their Nasdaq debut on W..