Finance
EV maker Polestar's quarterly loss widens as tariffs, pricing pressure weigh on margins
May 7 (Reuters) - Sweden's Polestar reported a bigger first-quarter loss on Thursday, as pricing pre...
7th May, 2026
Global Banking & Finance Review®
Breaking Headlines
Finance
Russia says Armenia is being dragged into EU's 'anti-Russian orbit'
MOSCOW, May 7 (Reuters) - Russia's Foreign Ministry said on Thursday that Armenia was being drawn in...
7th May, 2026
Finance
BP to sell stakes in flagship UK carbon capture projects in Northern England
May 7 (Reuters) - BP said on Thursday it would sell stakes in two flagship UK carbon capture and sto...
7th May, 2026
Finance
Exclusive-Hungry to sell, UAE slips hidden oil tankers through Strait of Hormuz
By Florence Tan and Jonathan Saul SINGAPORE/LONDON, May 7 (Reuters) - With their location trackers s...
7th May, 2026
Finance
Italian unions call strike at Kering over lack of clarity on strategy
MILAN, May 7 (Reuters) - Italy's largest unions have called a strike on May 20 across all companies...
7th May, 2026
Finance
Lanxess sees oil price in range of $100-$110 per barrel
By Ozan Ergenay May 7 (Reuters) - Lanxess expects oil prices to stay high in the coming months, warn...
7th May, 2026
Headlines
Bosnia's election commission calls general election for October 4
SARAJEVO, May 7 (Reuters) - Bosnia will hold presidential and parliamentary elections on October 4,...
7th May, 2026
Finance
Adidas is entitled to refund of 300 million euros from U.S. tariffs, CEO says
MUNICH, May 7 (Reuters) - Adidas CEO Bjorn Gulden said the company would be entitled to a refund of...
7th May, 2026
Finance
Amazon's Prime Video to invest at least 90 million euros in 2026 in local production, regulator says
PARIS, May 7 (Reuters) - Amazon's Prime Video will invest at least 90 million euros ($105.95 million...
7th May, 2026
Headlines
A small town in Germany braces for end to decades of life with US troops
By Lisi Niesner VILSECK, Germany, May 6 (Reuters) - The picturesque Bavarian town of Vilseck has hos...
7th May, 2026
Finance
Swisscom says could take years to solve Italian tower dispute
By Cian Muenster May 7 (Reuters) - Telecoms company Swisscom said it could take around five years to...
7th May, 2026
Finance
China 'strongly opposes' EU move to bar funding for projects using Chinese inverters
BEIJING, May 7 (Reuters) - China's commerce ministry on Thursday expressed strong opposition after t...
7th May, 2026
Finance
Russia to auction seized stake in gold producer UGC from May 8
MOSCOW, May 7 (Reuters) - Russian property agency Rosimushchestvo said on Thursday it would launch a...
7th May, 2026
Finance
Malaysia seeks clarification from Norway after export control halts missile supply
KUALA LUMPUR, May 7 (Reuters) - Malaysia's Defence Ministry said it will discuss with Norway a shift...
7th May, 2026
Finance
Arm shares slides as concerns over AI chip supply overshadow upbeat forecast
May 7 (Reuters) - Arm Holdings tumbled on Thursday on investor worries about the company's ability t...
7th May, 2026
Finance
Europe's catch-all energy relief measures could impact public finances if they grow, Fitch says
LONDON, May 7 (Reuters) - European governments' blanket measures to shield households and businesses...
7th May, 2026
Finance
China's CATL to supply cars with its EV chassis in first overseas project in Turkey
BEIJING, May 7 (Reuters) - Chinese electric vehicle battery giant CATL said on Thursday that it woul...
7th May, 2026
Finance
German investor morale in Hungary improves in post-election survey
By Gergely Szakacs BUDAPEST, May 7 (Reuters) - German investor morale in Hungary has improved after...
7th May, 2026
Finance
Shell's profit beats expectations at $6.9 billion, raises dividend by 5%
By Shadia Nasralla and Stephanie Kelly LONDON, May 7 (Reuters) - Shell's first-quarter profit beat e...
7th May, 2026
Headlines
Russia says 32 drones targeting Moscow shot down ahead of Victory Day
MOSCOW, May 7 (Reuters) - Russia said on Thursday that air defences had destroyed 32 drones heading...
7th May, 2026
Finance
Poland's EMP teams up with Foxconn to build EV manufacturing hub
By Barbara Erling WARSAW, May 7 (Reuters) - State-backed ElectroMobility Poland said Thursday it wil...
7th May, 2026
Finance
UK builders hit by biggest surge in cost inflation in nearly four years
LONDON, May 7 (Reuters) - British builders saw one of the biggest month-on-month jumps in cost infla...
7th May, 2026
Finance
Activist Palliser builds stake in UK's Autotrader, Sky News reports
May 7 (Reuters) - Activist investor Palliser Capital has built a stake of between 1% and 2% in Briti...
7th May, 2026
Finance
German banks have capital but find few good borrowers, Bundesbank says
FRANKFURT, May 7 (Reuters) - German banks have vast excess capital but do not lend it to companies a...
7th May, 2026
Headlines
Israeli attack kills son of Hamas leader negotiating with Trump-led board
By Nidal al-Mughrabi CAIRO, May 7 (Reuters) - An Israeli air strike has killed the son of Hamas' chi...
7th May, 2026
Finance
Strengthening Financial Crime Compliance in the Age of AI: A Cross-Border Perspective
By Humaira Binte Hannan
7th May, 2026
Finance
Quantum Motion raises $160 million to build quantum computers from standard silicon transistors
By Stephen Nellis SAN FRANCISCO, May 7 (Reuters) - Quantum Motion on Thursday said it raised $160 mi...
7th May, 2026
Finance
France preps aid for airlines hit by jet fuel price hikes
PARIS, May 7 (Reuters) - The French government is preparing to provide financial aid for airlines hi...
7th May, 2026
Finance
German industrial orders surge in March as firms brace for more Iran war pain
By Miranda Murray and Rene Wagner BERLIN, May 6 (Reuters) - German industrial orders rose more than...
7th May, 2026
Finance
Britain's JD Sports says Nike's Hill 'doing a great job'
LONDON, May 7 (Reuters) - Nike CEO Elliott Hill got a vote of confidence from one of its largest cus...
7th May, 2026
Business
The Business Implications of the New PCI Security Framework
By Sanjay Kukreja, Global Head of Technology, eClerx
7th May, 2026
Finance
Support for Germany's far-right AfD soars in eastern state ahead of vote
BERLIN, May 7 (Reuters) - Germany's Alternative for Germany (AfD) is on track to become the stronges...
7th May, 2026
Finance
Countries scramble to track passengers of virus-hit cruise ship
By Bart H. Meijer AMSTERDAM, May 7 (Reuters) - Countries worldwide scrambled on Thursday to trace pe...
7th May, 2026
Finance
Helios Towers raises annual profit outlook on solid Africa, Mideast demand
May 7 (Reuters) - UK-listed telecoms infrastructure group Helios Towers raised its annual profit for...
7th May, 2026
Finance
Taiwan carries out first torpedo test fire for domestically made submarine
TAIPEI, May 7 (Reuters) - Taiwan has carried out the maiden torpedo test firing for its first domest...
7th May, 2026
Finance
UK voters cast ballots in elections expected to deal blow to Starmer
By Elizabeth Piper LONDON, May 7 (Reuters) - Millions of British voters cast their ballots on Thursd...
7th May, 2026
Finance
Ad group S4's revenue falls as client caution persists, tech spend cuts weigh; shares drop
May 7 (Reuters) - Martin Sorell's ad group S4 Capital reported a 5% fall in first-quarter like-for-l...
7th May, 2026
Finance
Burger King and Popeyes franchisee Rex Concepts debuts 3% below IPO price in Warsaw
May 7 (Reuters) - Quick-service restaurant operator Rex Concepts' shares fell around 3% on their mar...
7th May, 2026
Finance
Emirates airline posts record net profit despite war impact
DUBAI, May 7 (Reuters) - Emirates airline on Thursday posted a record full-year net profit despite t...
7th May, 2026
Finance
UK's Harbour Energy narrows up annual output forecast after strong quarter
May 7 (Reuters) - Harbour Energy on Thursday narrowed its annual production forecast upward after a...
7th May, 2026