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Sterling extends bounce off recent lows as U.S. election in focus

Sterling extends bounce off recent lows as U.S. election in focus

By Medha Singh (Reuters) – The British pound bounced against a tepid dollar on..

China EV price deal needs be as effective as tariffs, says EU official

China EV price deal needs be as effective as tariffs, says EU official

BRUSSELS (Reuters) – Any agreement reached with Chinese producers on minimum p..

Ryanair H1 profit falls 18% on lower fares, but price weakness moderating

Ryanair H1 profit falls 18% on lower fares, but price weakness moderating

By Conor Humphries DUBLIN (Reuters) -Budget airline Ryanair said on Monday that aver..

Swedish government commission recommends easing mortgage repayment rules

Swedish government commission recommends easing mortgage repayment rules

STOCKHOLM (Reuters) – Sweden should ease rules on mortgage borrowing and repay..

German companies’ hiring plans drop to four-year low, Ifo finds

German companies’ hiring plans drop to four-year low, Ifo finds

BERLIN (Reuters) – German companies are less willing to hire new staff than at..

Burberry shares jump on Moncler bid report

Burberry shares jump on Moncler bid report

(Reuters) -Burberry shares rose as much as 8% on Monday after a media report said It..

European stocks climb on energy boost; headed for weekly losses

European stocks climb on energy boost; headed for weekly losses

By Pranav Kashyap (Reuters) -European shares climbed on Friday, buoyed by a rally in..

Swiss inflation falls to lowest level in three years

Swiss inflation falls to lowest level in three years

ZURICH (Reuters) – Swiss inflation fell to its lowest level in more than three..

Vopak expects clean energy investments to accelerate towards 2030, CEO says

Vopak expects clean energy investments to accelerate towards 2030, CEO says

By Florence Tan and Jeslyn Lerh SINGAPORE (Reuters) – Global tank storage oper..

Greek factory output grows but demand stays weak in October, PMI shows

Greek factory output grows but demand stays weak in October, PMI shows

ATHENS (Reuters) – Greece’s manufacturing sector saw a renewed expansion..

Virgin Money UK picks insider Gergely Zaborszky as next CFO

Virgin Money UK picks insider Gergely Zaborszky as next CFO

(Reuters) – British lender Virgin Money UK said on Wednesday that insider Gerg..

Amundi’s Q3 net inflows profit from ETF demand, Asian operations

Amundi’s Q3 net inflows profit from ETF demand, Asian operations

By Mathieu Rosemain PARIS (Reuters) – Amundi, Europe’s biggest fund mana..

French economy expanded 0.4% in Q3, INSEE says

French economy expanded 0.4% in Q3, INSEE says

  PARIS (Reuters) -French economic growth beat estimates by accelerating by 0.4..

Ericsson signs 5G ORAN deal with Spain’s MasOrange

Ericsson signs 5G ORAN deal with Spain’s MasOrange

  By Supantha Mukherjee STOCKHOLM (Reuters) – Ericsson has signed a 5G de..

More companies planning price hikes in Germany, survey finds

More companies planning price hikes in Germany, survey finds

  BERLIN (Reuters) – Companies in Germany’s industrial, retail and ..

Covestro trims 2024 profit target again in a tough economy

Covestro trims 2024 profit target again in a tough economy

(Reuters) -German chemicals maker Covestro lowered the upper end of its full-year co..

Volkswagen’s Traton reports higher sales in weak truck market

Volkswagen’s Traton reports higher sales in weak truck market

  (Reuters) -Volkswagen’s truck unit Traton on Monday reported a 3% rise ..

Novartis to pay Monte Rosa $150 million upfront to develop a new class of drugs

Novartis to pay Monte Rosa $150 million upfront to develop a new class of drugs

  (Reuters) – Swiss pharmaceutical giant Novartis will pay Monte Rosa The..

Analysis-Musk’s bold 2025 prediction on Tesla sales faces skepticism, scrutiny

Analysis-Musk’s bold 2025 prediction on Tesla sales faces skepticism, scrutiny

By Abhirup Roy Tesla CEO Elon Musk stunned investors and analysts with plans to grow..

London stocks climb, energy shares keep gains in check

London stocks climb, energy shares keep gains in check

By Shubham Batra (Reuters) – The UK’s benchmark FTSE 100 index rose on M..

Business

Analysis-Bricks over clicks as shops come back into fashion in Europe

Analysis-Bricks over clicks as shops come back into fashion in Europe

By Alberto Chiumento and Paolo Laudani (Reuters) – The rise of online shopping has led to swat..

Norway’s wealth fund falls short on climate ambitions, NGO says

Norway’s wealth fund falls short on climate ambitions, NGO says

By Gwladys Fouche OSLO (Reuters) – The world’s largest sovereign wealth ..

G20 welcomes recommendations to unlock funding for climate transition projects

G20 welcomes recommendations to unlock funding for climate transition projects

  By Marcela Ayres WASHINGTON (Reuters) -A group of funds backed by the world&#..

Accor adjusts guidance as it sees strong demand at luxury hotels

Accor adjusts guidance as it sees strong demand at luxury hotels

  By Marta Maciag and Nathan Vifflin (Reuters) -Accor, Europe’s largest h..

Exclusive-JBS, Sigma vie for Kraft Heinz’s $3 billion hot-dog business, sources say

Exclusive-JBS, Sigma vie for Kraft Heinz’s $3 billion hot-dog business, sources say

  By Abigail Summerville NEW YORK (Reuters) – Brazilian meatpacker JBS an..

European shares end flat as economic woes overshadow upbeat earnings

European shares end flat as economic woes overshadow upbeat earnings

  By Paolo Laudani, Ankika Biswas and Johann M Cherian (Reuters) -European shar..

Harley-Davidson lowers full-year revenue forecast on weak demand

Harley-Davidson lowers full-year revenue forecast on weak demand

  By Kannaki Deka and Nathan Gomes (Reuters) -Harley-Davidson cut its annual re..

Tesla promises paid robotaxis next year, but significant hurdles remain

Tesla promises paid robotaxis next year, but significant hurdles remain

  By Chris Kirkham (Reuters) -Tesla CEO Elon Musk on Wednesday said the electri..

FTSE 100 closes higher on earnings boost

FTSE 100 closes higher on earnings boost

  By Pranav Kashyap (Reuters) -London’s blue-chip stock index edged highe..

Allianz weighs options for AllianzGI unit, sources say

Allianz weighs options for AllianzGI unit, sources say

  By Amy-Jo Crowley, Alexander Hübner, Andres Gonzalez and Anousha Sakoui LONDO..

ECB hawks push back against bets on more and bigger cuts

ECB hawks push back against bets on more and bigger cuts

  By Balazs Koranyi WASHINGTON (Reuters) -Three European Central Bank officials..

Europe struggling to meet offshore wind targets, industry heads and lawmakers say

Europe struggling to meet offshore wind targets, industry heads and lawmakers say

  By Jacob Gronholt-Pedersen and Stine Jacobsen ODENSE, Denmark (Reuters) ̵..

Global commercial insurance rates show first quarterly fall in seven years, Marsh says

Global commercial insurance rates show first quarterly fall in seven years, Marsh says

  LONDON (Reuters) – Global commercial insurance rates fell 1% in the thi..

Italgas posts third-quarter core profit up 10.9% ahead of 2i Rete Gas acquisition

Italgas posts third-quarter core profit up 10.9% ahead of 2i Rete Gas acquisition

  (Reuters) -Europe’s biggest gas distributor Italgas on Thursday reporte..

Harry Potter publisher Bloomsbury tracks ahead of FY24-25 expectations on fantasy-fiction demand

Harry Potter publisher Bloomsbury tracks ahead of FY24-25 expectations on fantasy-fiction demand

  (Reuters) -UK’s Bloomsbury Publishing on Thursday said trading in fisca..

IBM misses third-quarter revenue estimates as consulting drags; shares fall

IBM misses third-quarter revenue estimates as consulting drags; shares fall

  By Arsheeya Bajwa (Reuters) -International Business Machines missed analysts&..

New report: Merchants, payment providers ready to embrace CVRP but lack of bank support risks progress

New report: Merchants, payment providers ready to embrace CVRP but lack of bank support risks progress

22 October 2024, London — Merchants, payment service providers (PSPs) and third-part..