Breaking Headlines

Image for EU carbon trading revamp to boost revenue return to industry, commissioner says
Finance

EU carbon trading revamp to boost revenue return to industry, commissioner says

By Sergio Goncalves LISBON, May 12 (Reuters) - The European Commission's revamp of the bloc's carbon...

12th May, 2026

Image for Kremlin repeats Putin's assertion that Ukraine war is nearly over after Zelenskiy casts doubt
Finance

Kremlin repeats Putin's assertion that Ukraine war is nearly over after Zelenskiy casts doubt

MOSCOW, May 12 (Reuters) - The Kremlin repeated Russian President Vladimir Putin's assertion that th...

12th May, 2026

Image for Eurovision Song Contest gets off to a tense start, overshadowed by Gaza
Finance

Eurovision Song Contest gets off to a tense start, overshadowed by Gaza

By Francois Murphy VIENNA, May 12 (Reuters) - The Eurovision Song Contest gets off to a tense start...

12th May, 2026

Image for UK shares fall as political uncertainty, Middle East concerns hit sentiment
Finance

UK shares fall as political uncertainty, Middle East concerns hit sentiment

May 12 (Reuters) - UK shares slipped on Tuesday as investors weighed domestic political uncertainty,...

12th May, 2026

Image for Delivery Hero CEO Niklas Oestberg to step down
Finance

Delivery Hero CEO Niklas Oestberg to step down

May 12 (Reuters) - German food delivery group Delivery Hero said on Tuesday its CEO Niklas Oestberg...

12th May, 2026

Image for Italy's Panetta to chair central bank group BIS' Board of Directors
Finance

Italy's Panetta to chair central bank group BIS' Board of Directors

By Marc Jones May 12 (Reuters) - Italy's central bank chief Fabio Panetta is to take over as chair o...

12th May, 2026

Image for H Lundbeck raises 2026 forecasts on US demand, delayed generic competition
Finance

H Lundbeck raises 2026 forecasts on US demand, delayed generic competition

May 12 (Reuters) - Danish drugmaker H Lundbeck raised its 2026 sales and earnings growth forecasts o...

12th May, 2026

Image for UK watchdog bans pension advisory director for misconduct
Finance

UK watchdog bans pension advisory director for misconduct

May 12 (Reuters) - Britain’s financial regulator on Tuesday banned Frank Breuer, the joint owner and...

12th May, 2026

Image for Hungary needs new economic policy course, credible fiscal path, minister says
Finance

Hungary needs new economic policy course, credible fiscal path, minister says

By Gergely Szakacs BUDAPEST, May 12 (Reuters) - Finance Minister Andras Karman on Tuesday pledged to...

12th May, 2026

Image for Swatch shareholders reject activist investor's bid for board seat
Finance

Swatch shareholders reject activist investor's bid for board seat

By Alessandro Parodi and Oliver Hirt ZURICH, May 12 (Reuters) - Swatch shareholders on Tuesday rejec...

12th May, 2026

Image for Siemens to buy Italy's Mer Mec in 1 billion euro deal, source says
Finance

Siemens to buy Italy's Mer Mec in 1 billion euro deal, source says

MUNICH, May 12 (Reuters) - Siemens has agreed to buy Italian rail technology Company Mer Mec in a de...

12th May, 2026

Image for Wall St futures fall as AI rally cools; inflation data in focus
Finance

Wall St futures fall as AI rally cools; inflation data in focus

May 12 (Reuters) - U.S. stock index futures edged lower on Tuesday as a rally in chip stocks lost st...

12th May, 2026

Image for Norway raises oil, gas revenue forecast to $78 billion for 2026
Finance

Norway raises oil, gas revenue forecast to $78 billion for 2026

OSLO, May 12 (Reuters) - Norway's government said on Tuesday it expects the state to earn 721.1 bill...

12th May, 2026

Image for Sweden's EQT launches $3.76 billion tender offer to take Japan's Kakaku.com private
Finance

Sweden's EQT launches $3.76 billion tender offer to take Japan's Kakaku.com private

May 12 (Reuters) - Swedish investment firm EQT said on Tuesday it would launch a tender offer to tak...

12th May, 2026

Image for TikTok challenges EU 'gatekeeper' status at Europe's top court
Finance

TikTok challenges EU 'gatekeeper' status at Europe's top court

By Foo Yun Chee LUXEMBOURG, May 12 (Reuters) - Bytedance's social media platform TikTok on Tuesday m...

12th May, 2026

Image for Germany must pull itself together, Merz tells unions as jeers ring out
Finance

Germany must pull itself together, Merz tells unions as jeers ring out

By Holger Hansen and Matthias Williams BERLIN, May 12 (Reuters) - Chancellor Friedrich Merz said Ger...

12th May, 2026

Image for Zelenskiy meets Palantir CEO as Ukraine expands use of AI in war
Finance

Zelenskiy meets Palantir CEO as Ukraine expands use of AI in war

May 12 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Tuesday he had met the CEO of Pal...

12th May, 2026

Image for Hungary's new government must revise anti-LGBTQ laws, says justice minister nominee
Headlines

Hungary's new government must revise anti-LGBTQ laws, says justice minister nominee

BUDAPEST, May 12 (Reuters) - Hungary will need to revise legislation restricting access to LGBTQ con...

12th May, 2026

Image for EU ETS review needs price signal for outside Europe flights
Finance

EU ETS review needs price signal for outside Europe flights

By Nina Chestney LONDON, May 12 (Reuters) - The European Commission's review of its Emissions Tradin...

12th May, 2026

Image for Morale among German firms in China improves despite Iran war, trade tensions, survey shows
Finance

Morale among German firms in China improves despite Iran war, trade tensions, survey shows

BEIJING, May 12 (Reuters) - Business sentiment among German firms in China has improved compared to...

12th May, 2026

Image for German investor morale rises unexpectedly in May, ZEW finds
Finance

German investor morale rises unexpectedly in May, ZEW finds

BERLIN, May 12 (Reuters) - German investor morale rose unexpectedly to minus 10.2 points in May, the...

12th May, 2026

Image for Sportswear brand On expects higher 2026 profit as it attracts younger, female customers
Finance

Sportswear brand On expects higher 2026 profit as it attracts younger, female customers

May 12 (Reuters) - Sportswear brand On raised its profit margin forecast on Tuesday after strong fir...

12th May, 2026

Image for Lufthansa to exercise option to buy majority stake in ITA in June
Finance

Lufthansa to exercise option to buy majority stake in ITA in June

BERLIN, May 12 (Reuters) - Lufthansa said on Tuesday that it will exercise its option to acquire a m...

12th May, 2026

Image for UK PM Starmer tells cabinet he is not quitting
Headlines

UK PM Starmer tells cabinet he is not quitting

LONDON, May 12 (Reuters) - British Prime Minster Keir Starmer told a meeting of his cabinet on Tuesd...

12th May, 2026

Image for Italy industry output posts solid gain in March as Iran war impact awaited
Finance

Italy industry output posts solid gain in March as Iran war impact awaited

ROME, May 12 (Reuters) - Italian industrial output rose by 0.7% in March compared to the previous mo...

12th May, 2026

Image for MPS CEO says hard to say when it may make sense to sell the Generali stake
Finance

MPS CEO says hard to say when it may make sense to sell the Generali stake

MILAN, May 12 (Reuters) - Monte dei Paschi is not tied to the stake it holds in insurer Generali, CE...

12th May, 2026

Image for German special police force member dies in apparent shooting accident, police say
Headlines

German special police force member dies in apparent shooting accident, police say

May 12 (Reuters) - German police said on Tuesday it had launched an investigation into the death of...

12th May, 2026

Image for All access roads to Brussels airport are closed due to gas leak
Finance

All access roads to Brussels airport are closed due to gas leak

BRUSSELS, May 12 (Reuters) - All roads leading to the Brussels international airport were closed by...

12th May, 2026

Image for UK junior minister Miatta Fahnbulleh resigns, urges PM Starmer to set exit timetable
Headlines

UK junior minister Miatta Fahnbulleh resigns, urges PM Starmer to set exit timetable

LONDON, May 12 (Reuters) - Britain's Miatta Fahnbulleh, a junior minister in the housing and communi...

12th May, 2026

Image for Russia strikes Ukraine with drones as ceasefire ends, Ukrainian officials say
Headlines

Russia strikes Ukraine with drones as ceasefire ends, Ukrainian officials say

May 12 (Reuters) - Russia launched more than 200 drones at Ukraine overnight, Ukrainian officials sa...

12th May, 2026

Image for EU to invite Taliban officials to Brussels to hold migration talks
Headlines

EU to invite Taliban officials to Brussels to hold migration talks

BRUSSELS, May 12 (Reuters) - The European Union is planning to invite officials from Afghanistan's T...

12th May, 2026

Image for Germany's finance watchdog to make targeted inspections amid 'substantial' AI risks
Finance

Germany's finance watchdog to make targeted inspections amid 'substantial' AI risks

FRANKFURT, May 12 (Reuters) - Germany's banking regulator BaFin warned on Tuesday that cyber risks w...

12th May, 2026

Image for Meta loses court fight over compensation to Italian publishers
Finance

Meta loses court fight over compensation to Italian publishers

By Foo Yun Chee LUXEMBOURG, May 12 (Reuters) - Meta Platforms on Tuesday lost its fight against an I...

12th May, 2026

Image for EU targets social media to protect children, von der Leyen says
Finance

EU targets social media to protect children, von der Leyen says

BRUSSELS, May 12 (Reuters) - The European Union is working on regulations to reign in on social medi...

12th May, 2026

Image for UK borrowing costs march higher, sterling slumps as Starmer's future in doubt
Finance

UK borrowing costs march higher, sterling slumps as Starmer's future in doubt

By Yoruk Bahceli LONDON, May 12 (Reuters) - UK borrowing costs neared their highest since 2008, ster...

12th May, 2026

Image for European equities fall as fragile Mideast ceasefire dents risk sentiment
Finance

European equities fall as fragile Mideast ceasefire dents risk sentiment

May 12 (Reuters) - European shares tumbled on Tuesday, as fading hopes of a U.S.-Iran peace deal pus...

12th May, 2026

Image for Sterling drops as markets watch UK politics, PM Starmer's future
Finance

Sterling drops as markets watch UK politics, PM Starmer's future

By Stefano Rebaudo May 12 (Reuters) - Sterling slid against the dollar and the euro on Tuesday as ma...

12th May, 2026

Image for UK police charge man with arson at former London synagogue
Headlines

UK police charge man with arson at former London synagogue

LONDON, May 12 (Reuters) - British police said they charged a 45-year-old man with arson with intent...

12th May, 2026

Image for World markets feel the strain as US–Iran war grinds on
Finance

World markets feel the strain as US–Iran war grinds on

By Karin Strohecker and Dhara Ranasinghe LONDON, May 12 (Reuters) - From a rout in Asian currencies...

12th May, 2026

Image for KBC's profit misses market forecast as it builds buffer against war hit
Finance

KBC's profit misses market forecast as it builds buffer against war hit

May 12 (Reuters) - KBC reported a first-quarter profit below market expectations on Tuesday, depress...

12th May, 2026