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Companies face stricter supply finance disclosures after Greensill collapse

Companies face stricter supply finance disclosures after Greensill collapse

LONDON (Reuters) – Companies will have to disclose details of loans for paying suppliers from January 2024, a global accounting ..

UK retail sales fall in May after April rise, outlook less gloomy: CBI

UK retail sales fall in May after April rise, outlook less gloomy: CBI

LONDON (Reuters) – British retail sales declined this month after a modest rise in April but stores expect sales volumes to stab..

Armani sales up 18% in Q1 as Asia rebounds, U.S. slows down

Armani sales up 18% in Q1 as Asia rebounds, U.S. slows down

MILAN (Reuters) – Italy’s Armani said on Thursday that sales jumped 18% in the first quarter thanks to a rebound in Asia a..

Analysis-Europe hits resistance in race to finalise green laws

Analysis-Europe hits resistance in race to finalise green laws

BRUSSELS (Reuters) – Increased political resistance to new EU laws to protect the environment has left the European Commission f..

Oil eases as Russia downplays additional OPEC+ cuts

Oil eases as Russia downplays additional OPEC+ cuts

LONDON (Reuters) -Oil prices fell on Thursday after Russian Deputy Prime Minister Alexander Novak played down the prospect of further ..

British EV maker Arrival seeks second chance with US EV tax credits

British EV maker Arrival seeks second chance with US EV tax credits

DETROIT/BICESTER, England (Reuters) – British electric van startup Arrival, which has hit many road bumps in its quest to become..

Ericsson beats US shareholder lawsuit over graft disclosures

Ericsson beats US shareholder lawsuit over graft disclosures

(Reuters) – Swedish telecoms company Ericsson beat a lawsuit by U.S. shareholders on Wednesday, when a federal judge ruled it di..

Dollar gains after Fitch watch heightens debt ceiling jitters

Dollar gains after Fitch watch heightens debt ceiling jitters

TOKYO (Reuters) – The dollar pushed to a two-month peak against a basket of its peers on Thursday as worries mounted about a dis..

Enel suspends Colombia wind farm construction after years of protests

Enel suspends Colombia wind farm construction after years of protests

BOGOTA (Reuters) – The Colombian unit of Italy’s biggest utility, Enel, indefinitely suspended the construction of a wind ..

UK car output up 9.9% y-o-y in April as supply chain issues ease

UK car output up 9.9% y-o-y in April as supply chain issues ease

(Reuters) – The number of cars made in Britain rose by 9.9% year-over-year in April as easing supply chain snarls helped boost p..