Shein’s European entity reports 68% sales growth in 2023
By Helen Reid LONDON (Reuters) -Sales by Shein’s Ireland-registered entity Inf..
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KPMG to lay off less than 4% of US audit workforce, source says
(Reuters) -KPMG will lay off less than 4%, or about 330 people, of its audit workfor..
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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..
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Swedish government commission recommends easing mortgage repayment rules
STOCKHOLM (Reuters) – Sweden should ease rules on mortgage borrowing and repay..
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German companies’ hiring plans drop to four-year low, Ifo finds
BERLIN (Reuters) – German companies are less willing to hire new staff than at..
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Virgin Money UK picks insider Gergely Zaborszky as next CFO
(Reuters) – British lender Virgin Money UK said on Wednesday that insider Gerg..
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Amundi’s Q3 net inflows profit from ETF demand, Asian operations
By Mathieu Rosemain PARIS (Reuters) – Amundi, Europe’s biggest fund mana..
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French economy expanded 0.4% in Q3, INSEE says
PARIS (Reuters) -French economic growth beat estimates by accelerating by 0.4..
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More companies planning price hikes in Germany, survey finds
BERLIN (Reuters) – Companies in Germany’s industrial, retail and ..
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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..
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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..
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G20 welcomes recommendations to unlock funding for climate transition projects
By Marcela Ayres WASHINGTON (Reuters) -A group of funds backed by the world&#..
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Accor adjusts guidance as it sees strong demand at luxury hotels
By Marta Maciag and Nathan Vifflin (Reuters) -Accor, Europe’s largest h..
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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..
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European shares end flat as economic woes overshadow upbeat earnings
By Paolo Laudani, Ankika Biswas and Johann M Cherian (Reuters) -European shar..
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Harley-Davidson lowers full-year revenue forecast on weak demand
By Kannaki Deka and Nathan Gomes (Reuters) -Harley-Davidson cut its annual re..
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Tesla promises paid robotaxis next year, but significant hurdles remain
By Chris Kirkham (Reuters) -Tesla CEO Elon Musk on Wednesday said the electri..
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FTSE 100 closes higher on earnings boost
By Pranav Kashyap (Reuters) -London’s blue-chip stock index edged highe..
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Allianz weighs options for AllianzGI unit, sources say
By Amy-Jo Crowley, Alexander Hübner, Andres Gonzalez and Anousha Sakoui LONDO..
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ECB hawks push back against bets on more and bigger cuts
By Balazs Koranyi WASHINGTON (Reuters) -Three European Central Bank officials..
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Europe struggling to meet offshore wind targets, industry heads and lawmakers say
By Jacob Gronholt-Pedersen and Stine Jacobsen ODENSE, Denmark (Reuters) ̵..
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Global commercial insurance rates show first quarterly fall in seven years, Marsh says
LONDON (Reuters) – Global commercial insurance rates fell 1% in the thi..
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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..
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IBM misses third-quarter revenue estimates as consulting drags; shares fall
By Arsheeya Bajwa (Reuters) -International Business Machines missed analysts&..
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Wolfspeed shelves plans to build chip factory in Germany
(Reuters) -Wolfspeed has shelved plans to build a semiconductor factory in En..
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IMF says UK should shield investment while curbing debt
By David Lawder and David Milliken WASHINGTON (Reuters) -Britain should bring..
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French bond investors brace for Moody’s rating review
By Stefano Rebaudo (Reuters) – Rating agency Moody’s will review ..
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Euro zone consumer confidence rises to -12.5 in October
(Reuters) – Euro zone consumer confidence rose by 0.4 points in October..
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Air Liquide confirms full-year targets after in-line quarter
By Olivier Cherfan (Reuters) -French industrial gases supplier Air Liquide re..
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Goldman sees oil prices holding around $76/bbl in 2025 on ample supply
(Reuters) – Goldman Sachs expects oil prices to average $76 a barrel in..
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L’Oreal third quarter sales disappoint as China spends less on beauty
By Dominique Patton PARIS (Reuters) -French cosmetics giant L’Oreal rep..
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Germany identifies its first case of new mpox variant
BERLIN (Reuters) -Germany has detected its first case of the new mpox variant..
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Eni to launch chemical business restructuring in coming days, sources say
MILAN (Reuters) – Italy’s Eni is expected to announce an overhaul..
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German steelmaker Salzgitter cuts full-year guidance
(Reuters) – German steelmaker Salzgitter cut its full-year guidance on ..
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Brevan Howard says significant amount of its crypto trading done from UAE
By Nell Mackenzie (Reuters) – Brevan Howard does a significant amount o..
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King Charles visits melanoma clinic in Sydney and meets cancer survivors
SYDNEY (Reuters) – King Charles visited a skin cancer clinic in Sydney ..
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German tax revenue rose 6.9% in September
BERLIN (Reuters) – Germany’s federal and state governments’..
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