TOKYO (Reuters) -Orix Corp has decided it could invest about 300 billion yen ($2 billion) in a consortium to buy…
UK watchdog fines Barclays $55 million for fees paid in 2008 fundraising
LONDON (Reuters) -Britain’s Financial Conduct Authority (FCA) said it would fine Barclays 50 million pounds ($55 million) for its failure…
Bleak UK shopping and borrowing data underscore challenge for new PM
By William Schomberg and Ana Nicolaci da Costa LONDON (Reuters) -British shoppers cut their spending sharply last month and their…
Deliveroo warns on sales growth as consumers tighten belts
By Sarah Young LONDON (Reuters) – British food delivery company Deliveroo warned sales growth would be at the lower end…
Take Five: Westminster woes, Tokyo on yen watch
(Reuters) – The breathtaking pace of political events in Britain is keeping traders on their toes, while Japan is back…
BMW production chief sees improved margins as supply chains stabilise
By Victoria Waldersee and Christina Amann LEIPZIG (Reuters) -BMW production chief Milan Nedeljkovic expects stabilising supply chains to lead to…
Tesla’s Musk says recession could last until 2024
By Akash Sriram and Hyunjoo Jin (Reuters) -Tesla Inc Chief Executive Elon Musk thinks a recession will last until the…
Ray-Ban maker EssilorLuxottica’s sales rise as Asia-Pacific rebounds
By Valentine Baldassari (Reuters) -EssilorLuxottica reported a rise in its third-quarter revenues on Friday as the world’s biggest eyewear maker…
Deutsche Bank investment bank job cuts to include staff in Britain – source
FRANKFURT (Reuters) – The dozens of staff to be cut at Deutsche Bank’s investment bank include staff based in Britain,…
French state says will support any initiative that boosts Renault’s alliance with Nissan
PARIS (Reuters) – The French state will support any initiative aimed at boosting Renault’s partnership with Japan’s Nissan, the head…