Global Banking & Finance Review®

Breaking Headlines

Finance

Germany's Merz calls for EU budget overhaul as battle looms

By Christian Kraemer and Matthias Williams BERLIN, May 14 (Reuters) - German Chancellor Friedrich Me...

14th May, 2026

Finance

China’s Ming Yang plans Europe factory after UK wind turbine snub

By Susanna Twidale LONDON, May 14 (Reuters) - Chinese wind turbine maker Ming Yang Smart Energy is s...

14th May, 2026

Finance

UK opens antitrust probe into Microsoft's business software

LONDON, May 14 (Reuters) - Britain on Thursday launched an antitrust investigation into Microsoft's...

14th May, 2026

Finance

KNDS considering takeover of Mercedes, VW plants, Spiegel reports

May 14 (Reuters) - Franco-German tank manufacturer KNDS is in talks with Mercedes-Benz about taking...

14th May, 2026

Headlines

Lebanon to press Israel to cease fire at Washington talks, Lebanese official says

By Laila Bassam BEIRUT, May 14 (Reuters) - Lebanon will demand Israel cease fire at face-to-face tal...

14th May, 2026

Headlines

Israeli nationalists hold parade marking their capture of East Jerusalem

By Alexander Cornwell JERUSALEM, May 14 (Reuters) - Thousands of Israeli nationalists will march on...

14th May, 2026

Finance

Pope Leo decries European military spending as 'betrayal' of diplomacy

By Joshua McElwee ROME, May 14 (Reuters) - Pope Leo on Thursday decried rising European military spe...

14th May, 2026

Finance

Britain confirms money market fund reform plans

LONDON, May 14 (Reuters) - The British government on Thursday confirmed plans to reform rules govern...

14th May, 2026

Finance

Russia says it's establishing 'full partnership' with Afghan Taliban

MOSCOW, May 14 (Reuters) - Russia is establishing a "full-fledged partnership" with Afghanistan's ru...

14th May, 2026

Finance

Ferretti shareholders to vote as KKCG, Weichai clash over board control

MILAN, May 14 (Reuters) - Ferretti's two top shareholders, Czech investment firm KKCG Maritime and C...

14th May, 2026

Headlines

Prince Harry says antisemitism in UK is "deeply troubling"

LONDON, May 14 (Reuters) - Prince Harry has said a rise in antisemitism in Britain is deeply troubli...

14th May, 2026

Finance

Malaysia to seek legal action, compensation in row with Norway over scrapped defence deal

By Danial Azhar and Rozanna Latiff KUALA LUMPUR, May 14 (Reuters) - Malaysia's defence minister said...

14th May, 2026

Finance

Aviva CEO calls for UK political stability to help businesses

By Iain Withers and Yamini Kalia LONDON, May 14 (Reuters) - Aviva CEO Amanda Blanc said on Thursday...

14th May, 2026

Headlines

Latvian Prime Minister Silina says she is resigning

May 14 (Reuters) - Latvia's centre-right Prime Minister Evika Silina said on Thursday she will resig...

14th May, 2026

Finance

China urges caution over British Steel nationalisation plan

BEIJING, May 14 (Reuters) - China on Thursday urged Britain to "make decisions prudently" over plans...

14th May, 2026

Finance

L&G shares jump after report cites CEO saying not considering sale 

LONDON, May 14 (Reuters) - Legal and General shares rose almost 5% on Thursday, on track for their b...

14th May, 2026

Headlines

UK police charge second man over arson at former synagogue

LONDON, May 14 (Reuters) - British police said on Thursday they had charged a second man, a 31-year-...

14th May, 2026

Finance

UK regulator to toughen private credit reporting, sources say 

By Phoebe Seers and Nell Mackenzie LONDON, May 14 (Reuters) - Britain's financial regulator is prepa...

14th May, 2026

Finance

UAE defence group EDGE strikes deal to acquire 80% of Italy's CMD in European push

By Federico Maccioni DUBAI, May 14 (Reuters) - Emirati defence group EDGE has entered an agreement t...

14th May, 2026

Finance

Brookfield set to acquire World Freight Company in $1.2 billion deal, sources say

By Kane Wu HONG KONG, May 14 (Reuters) - Brookfield Asset Management is set to acquire World Freight...

14th May, 2026

Finance

Mr Kipling owner Premier Foods beats annual profit view on new product launches

May 14 (Reuters) - Mr Kipling owner Premier Foods beat market expectations for annual headline tradi...

14th May, 2026

Finance

Princes Group's quarterly profit rises on steady grocery demand

May 14 (Reuters) - Grocery supplier Princes Group posted a 17% rise in first-quarter adjusted core p...

14th May, 2026

Finance

UK's ITV says it remains in 'active' deal talks with Sky

LONDON, May 14 (Reuters) - British broadcaster ITV said on Thursday it remained in "active discussio...

14th May, 2026

Finance

Investor Caltagirone voices concern over possible Monte dei Paschi-Banco BPM merger

MILAN, May 14 (Reuters) - Italian businessman Francesco Gaetano Caltagirone said on Thursday that me...

14th May, 2026

Finance

UK's National Grid misses profit view as US storm damages weigh

May 14 (Reuters) - Britain's National Grid posted annual profit below market expectations on Thursda...

14th May, 2026

Finance

London's Spire Healthcare gets buyout proposal from Toscafund

May 14 (Reuters) - London-listed private hospital group Spire Healthcare said on Thursday it receive...

14th May, 2026

Headlines

Ukraine's anti-corruption court places Zelenskiy's former chief of staff Yermak under arrest

KYIV, May 14 (Reuters) - Ukraine's anti-corruption court on Thursday ordered the arrest of Andriy Ye...

14th May, 2026

Finance

Siemens buys Italy's MERMEC businesses to strengthen rail technology portfolio

ROME, May 14 (Reuters) - Siemens said on Thursday it agreed to buy several key businesses of Italian...

14th May, 2026

Finance

Watches of Switzerland forecasts annual profit above market view on strong US market

May 14 (Reuters) - British luxury watch retailer Watches of Switzerland forecast fiscal 2026 profit...

14th May, 2026

Finance

Burberry reports higher quarterly sales, chair to retire

May 14 (Reuters) - Burberry reported higher fourth-quarter sales on Thursday, thanks to a turnaround...

14th May, 2026

Finance

UK economy shows unexpected growth of 0.3% in March

LONDON, May 14 (Reuters) - Britain's economy expanded unexpectedly in March by 0.3%, official data s...

14th May, 2026

Headlines

French central bank succession fight tests Macron's sway ahead of 2027 election

By Elizabeth Pineau and Leigh Thomas PARIS, May 14 (Reuters) - French President Emmanuel Macron face...

14th May, 2026

Headlines

Cricket-Former England women's stumper Taylor named men's fielding coach for NZ series

May 14 (Reuters) - Former England wicketkeeper Sarah Taylor will become the first female coach to wo...

14th May, 2026

Headlines

English voters where Labour lost say PM Starmer has to go

By Marissa Davison and Vitalii Yalahuzian GRAYS, England, May 14 (Reuters) - For disillusioned voter...

14th May, 2026

Finance

Exclusive-Wizz Air expects revenue bump for summer despite Iran war

By Joanna Plucinska LONDON, May 14 (Reuters) - European budget carrier Wizz Air expects revenue to r...

14th May, 2026

Finance

Czech energy utility CEZ lifts 2026 profit outlook as Middle East conflict raises prices

PRAGUE, May 14 (Reuters) - CEZ lifted its 2026 earnings outlook on Thursday, due to a rise in prices...

14th May, 2026

Finance

Telefonica posts $481 million net loss in Q1 due to LatAm sales

MADRID, May 14 (Reuters) - Spanish telecomms company Telefonica on Thursday reported a net loss of 4...

14th May, 2026

Headlines

UK's Rayner cleared by authorities over tax affairs, Guardian reports

May 14 (Reuters) - Former British Deputy Prime Minister Angela Rayner has been cleared by the countr...

14th May, 2026

Finance

Italy's Monte dei Paschi should not to sell its Generali stake, investor Caltagirone says  

MILAN, May 14 (Reuters) - Banca Monte dei Paschi di Siena's (MPS) second-largest shareholder, France...

14th May, 2026

Finance

Analysis-Jet fuel crisis, what crisis? European airlines downplay fears of summer shortage

By Alessandro Parodi May 14 (Reuters) - European airlines, airports and tour operators are striking...

14th May, 2026