Reuters UK

By Anshuman Daga and Lawrence White SINGAPORE/LONDON (Reuters) – HSBC has shelved plans for fresh stock buybacks this year after reporting an unexpected hit to its capital on Tuesday, as a cocktail of rising inflation, geopolitical drama and economic w…

LONDON (Reuters) – British armed forces minister James Heappey said on Tuesday he did not think there was an imminent threat of escalation in the war in Ukraine, dismissing comments by Russian foreign minister Sergei Lavrov as bravado. Earlier Lavrov t…

ZURICH (Reuters) -UBS’s first-quarter net profit rose 17% on Tuesday to its best since 2007 on the back of strong trading, upending expectations for a fall amidst uncertainties over the war in Ukraine. Net profit for the March quarter of $2.136 billion…

By Arathy Somasekhar HOUSTON -Oil prices rebounded in volatile trading on Tuesday as the market weighed China’s plans to support its economy against a possible coronavirus lockdown in its capital Beijing. Brent crude futures were up $2.37, or 3.7%, at …

(Reuters) – Swiss logistics group Kuehne & Nagel International reported on Tuesday a rise of 162% in first-quarter net earnings, citing strong demand for capital and consumer goods. The quarterly net came in at 832 million Swiss francs, up from 318 mil…

(Reuters) – Core operating income at Novartis edged 3% higher in the first quarter as sales growth from new drugs was partly offset by unfavourable currency effects. Quarterly core operating income rose to $4.08 billion, up from $3.96 billion a year ea…

PARIS (Reuters) – French vaccines company Valneva, which is aiming to get European approval for its COVID-19 vaccine product, said it had secured new financing with U.S.-based healthcare investment firms Deerfield Management Company and OrbiMed. Valnev…

By Neha Arora NEW DELHI (Reuters) – Russian and Indian officials met last week in an effort to resolve an impasse over the shipping of coking coal to Indian steelmakers, which has dried up since March over payment methods, a trade source and an Indian …

By Tim Hepher LONDON (Reuters) -A British judge on Tuesday denied a bid by Qatar Airways to reinstate a jet contract cancelled by Europe’s Airbus in the latest twist to a dramatic feud playing out in UK courts. The companies have been locked in a safet…

(Reuters) -Bombardier Inc said on Monday it would defend itself against a request for arbitration by Alstom SA