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UK retailer Halfords posts lower annual profit

UK retailer Halfords posts lower annual profit

(Reuters) -British bicycle and car products retailer Halfords Group reported a fall in annual profit on Thursday as footfall across it..

Nokia sells submarine networks business ASN to French state

Nokia sells submarine networks business ASN to French state

COPENHAGEN (Reuters) – Nokia on Thursday said it had agreed to sell its submarine networks business ASN to the French state for..

BP halts hiring, slows renewables roll-out to win over investors

BP halts hiring, slows renewables roll-out to win over investors

LONDON (Reuters) – BP’s new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he..

SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports

SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports

(Reuters) – Japanese technology investor SoftBank Group Corp’s Vision Fund 2 is investing between $10 million and $20 mill..

Dollar hits 38-year high vs yen; stocks mostly ease

Dollar hits 38-year high vs yen; stocks mostly ease

NEW YORK (Reuters) -The dollar hit a fresh 38-year high against the Japanese yen on Wednesday, with investor speculation high that Jap..

Euro zone yields edge up before inflation data, caution over France

Euro zone yields edge up before inflation data, caution over France

(Reuters) -Euro zone government bond yields rose on Wednesday as investors awaited inflation data from the United States and some me..

Yen tumbles to 38-year low vs dollar as likely Japan intervention looms

Yen tumbles to 38-year low vs dollar as likely Japan intervention looms

NEW YORK/LONDON (Reuters) – The yen dropped to its lowest against the U.S. dollar since late 1986 on Wednesday, amid a wide in..

UK retail sales go into reverse this month, CBI survey shows

UK retail sales go into reverse this month, CBI survey shows

(Reuters) -British retail sales softened this month after a recovery in May, and stores expect another drop next month, an industry su..

Aussie dollar jumps on inflation spike, while yen stays under pressure

Aussie dollar jumps on inflation spike, while yen stays under pressure

LONDON/SINGAPORE (Reuters) -The Australian dollar rallied after a surprise jump in inflation on Wednesday raised the prospect of anoth..

Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say

Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say

LONDON (Reuters) – U.S. meal delivery group Doordash flagged an interest in a takeover of Britain’s Deliveroo last month, ..