Exclusive-Ubisoft activist investor says it has support of 10% of shareholders in management tussle
By Zaheer Kachwala (Reuters) – An activist investor pushing for a sale of “Assassin’s Creed” maker Ubis..
Business
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Discounter Pepco’s sales hurt by supply chain disruption
By James Davey LONDON (Reuters) -European discount retailer Pepco Group said its fourth-quarter underlying revenue was lower th..
Headlines
Dollar firm following sharp rebound as Fed speakers eyed
By Kevin Buckland TOKYO (Reuters) – The dollar held firm on Thursday following its sharpest rally since early June as tra..
Headlines
Polish fashion retailer LPP confirms annual revenue goal of up to $5.5 billion
GDANSK (Reuters) – Poland’s largest apparel retailer LPP confirmed its full-year revenue target of 20-21 billion zl..
Headlines
UniCredit starts process to bring life insurance business in house
MILAN (Reuters) – UniCredit has told Allianz and CNP Assurances that it will buy their stakes in the life insurance joint..
Headlines
European shares end marginally lower as energy stocks drop
By Pranav Kashyap and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 closed slightly lower on Wednesday as energy stocks ..
Business
Meta shows off prototype augmented-reality glasses at Connect event
By Katie Paul MENLO PARK, California (Reuters) -Facebook owner Meta Platforms showed off its first working prototype of augmented-re..
Technology
Switching off is hard to do – 29% hatch work plans on holiday
YouGov survey for Purbeck Insurance Services September 2024: As the summer holidays come to an end, a new survey of work-age adults a..
Business
Fonterra’s annual profit falls 25%; shares rise on dividend declaration
By Rajasik Mukherjee (Reuters) -New Zealand’s Fonterra posted a 25% drop in its fiscal 2024 profit on Wednesday, hurt by ..
Headlines
Soccer-‘I thought it was AI,’ says Wimbledon director of flooding images at stadium
(Reuters) – AFC Wimbledon’s managing director thought he was looking at AI-created images when he saw pictures of f..
Headlines
Solvay to cut 68 jobs in Salindres site throughout 2025
(Reuters) – Belgian chemicals group Solvay announced on Tuesday plans to enter into talks with labour unions to cease pro..
Headlines
ECB started issuing fine notices to banks not meeting climate expectations
NEW YORK (Reuters) – The European Central Bank has started issuing fine notices to lenders not meeting its long-defined e..
Headlines
Spotify expands AI Playlist feature to new markets including US, Canada
(Reuters) – Spotify is expanding its tool that helps create playlists using generative artificial intelligence for premiu..
Headlines
UK employers give joint-lowest pay rises since June 2022, Brightmine says
LONDON (Reuters) – British employers gave staff the joint-lowest pay rises since June 2022 in the three months to the end..
Headlines
TUI confirms guidance after strong summer season, shares rise
By Andrey Sychev (Reuters) -Europe’s biggest tour operator TUI on Tuesday confirmed its annual guidance and mid-term targ..
Headlines
China stimulus pushes global shares to new peak, boosts commodities
By Ankur Banerjee and Sruthi Shankar SINGAPORE/LONDON (Reuters) – World stocks hit a record high on Tuesday after China u..
Headlines
Miniso shares slump on plans to buy stake in Yonghui Superstores
HONG KONG (Reuters) -Shares of Miniso Group Holding plunged as much as 39.2% to HK$20 ($2.57) on Tuesday after the company said..
Business
Unilever CEO looking for first-ever global plastics treaty with “teeth”
By Jessica DiNapoli NEW YORK (Reuters) – Unilever CEO Hein Schumacher hopes to see a global plastics treaty that “h..
Headlines
Qualcomm’s potential Intel buyout could raise antitrust, foundry concerns
By Aditya Soni and Yuvraj Malik (Reuters) -A potential deal to buy Intel could accelerate Qualcomm’s diversification but ..
Headlines
Northvolt to axe 1,600 jobs as Europe’s EV hopes stall
By Marie Mannes STOCKHOLM (Reuters) – Northvolt plans to cut 1,600 jobs at its base in Sweden, or about a fifth of its gl..
News
Almost 30,000 suspected mpox cases in Africa this year, WHO says
LONDON (Reuters) – Nearly 30,000 suspected mpox cases have been reported in Africa so far this year, most of them in Demo..
Business
Sterling at two-year peak versus euro after PMI data
(Reuters) – Sterling dipped against the dollar on Monday but touched a new two-year high versus the euro as business acti..
Headlines
European shares edge higher as traders brace for data-packed week
By Pranav Kashyap (Reuters) -European shares edged higher on Monday, though gains were capped by caution as investors tread car..
News
Siemens to carve out EV charging business
BERLIN (Reuters) – Siemens plans to carve out its electric vehicle (EV) charging business, Siemens eMobility, to open opp..
Headlines
Oil climbs on Middle East escalation fears, US Fed rate cut
By Gabrielle Ng and Emily Chow SINGAPORE (Reuters) -Oil prices rose on Monday, buoyed by concerns that heightened conflict in t..
Headlines
BNP Paribas signs deal to buy HSBC private banking unit in Germany
PARIS (Reuters) -BNP Paribas <BNPP.PA> has signed a deal to buy HSBC’s private banking unit in Germany as it contin..
Headlines
Novo Nordisk faces US congressional grilling over price of weight loss drugs, FT reports
(Reuters) – Novo Nordisk’s chief executive is preparing for a showdown next week with U.S. Senator Bernie Sanders o..
Headlines
Asia stocks, Wall St futures edge up; China trims repo rate
By Wayne Cole SYDNEY (Reuters) -Asian stocks firmed on Monday ahead of central bank meetings that are widely expected to delive..
Business
CMA CGM agrees to buy 48% of Santos Brasil for $1.2 billion, will launch takeover bid
SAO PAULO (Reuters) – French shipping giant CMA CGM agreed to buy 47.6% of port terminal operator Santos Brasil for 6.3 b..
Headlines
Bitcoin jumps while Japan holiday dulls most currencies
SINGAPORE (Reuters) – Bitcoin was the notable mover as it reached for one-month highs on Monday, sustaining its rally aft..
Finance
Introduction to Bajaj Markets: An Overview of Financial Market
The inception of finance apps revolutionized how individuals manage money, making the process more accessible and streamlined. It all ..
Finance
Analysis-SocGen’s CEO Krupa tightens screws on costs as bank’s turnaround plan falls flat
By Mathieu Rosemain PARIS (Reuters) – Societe Generale’s CEO Slawomir Krupa is set to turn the screws further on costs a..
Headlines
Nike veteran Hill to replace Donahoe as CEO; shares jump
By Juveria Tabassum, Nicholas P. Brown (Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the comp..
Business
EU regulator backs use of Novo’s Wegovy for obesity-related heart condition
(Reuters) -The European Medicines Agency backed the use of Novo Nordisk’s popular drug Wegovy to help ease heart failure in peop..
Headlines
Analysis-Extreme weather adds to fiscal strains in central Europe
By Jan Lopatka, Karol Badohal and Gergely Szakacs PRAGUE/WARSAW (Reuters) – Just a week ago, before deadly floods swept throug..
Headlines
Yen slides as BOJ governor steers clear of rate hike talk
By Linda Pasquini and Wayne Cole LONDON/SYDNEY (Reuters) – The yen weakened on Friday after the Bank of Japan signalled it was i..
Headlines
Nike’s next CEO Hill brings a bootstraps mentality
By Nicholas P. Brown (Reuters) – Elliott Hill started at Nike as an intern in 1988 but steadily scaled its ranks, banking on v..
Business