Chinese-owned chipmaker Nexperia invests $200 million in European expansion
AMSTERDAM/HAMBURG (Reuters) – Nexperia, one of the world’s largest makers of basic semiconductors such as diodes and trans..
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UBS’s new wealth management co-leaders announce reshuffle
ZURICH (Reuters) – UBS is making changes to its wealth management arm, the division’s new co-leaders Rob Karofsky and Iqba..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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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..
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