By Hannah Lang WASHINGTON (Reuters) – Euro and sterling rose against the safe-haven dollar on Monday, supported by a risk-on…
Mercedes CEO: ‘absolutely inconceivable’ to write off China
FRANKFURT (Reuters) – Mercedes-Benz Chief Executive Ola Källenius on Monday spoke out against distancing oneself from China, saying it was…
BioNTech executive says it is too early to predict China vaccine approval
FRANKFURT (Reuters) – A BioNTech executive on Monday confirmed that the company is in discussions with Chinese authorities over regulatory…
Russia’s Sberbank sues Glencore for $116 million over oil supplies
MOSCOW (Reuters) -Russia’s largest lender, Sberbank, is suing global commodities trader Glencore for around 117 million euros ($116 million) over…
UK banks were slow to pass on rate hikes to savers, says watchdog
By Huw Jones LONDON (Reuters) – Britain’s banks were slow to start passing on increases in central bank interest rates…
European shares at seven-week peak as travel stocks shine
By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares closed on Monday at a more than seven-week high as a…
India’s Paytm posts rise in quarterly revenue as loan growth jumps
BENGALURU (Reuters) – Indian digital payments firm Paytm reported a 76% jump in second-quarter revenue, helped in part by a…
China’s Geely truck unit Farizon targets Europe with electric cargo van
By Norihiko Shirouzu BEIJING (Reuters) – China’s Farizon, a new-energy truck maker owned by automaker Geely, aims step up expansion…
Mexican carrier Aeromexico expands routes to Europe, Asia
MEXICO CITY (Reuters) – Mexican airline Aeromexico is expanding its flights to Europe and reestablishing a route to Asia, the…
FACTBOX-Australia Inc roiled by raft of cyberattacks this year
(Reuters) -Australian firms have suffered a flood of cyberattacks, putting the spotlight on country’s understaffed cybersecurity industry which experts say…