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Italy opens procedure against Sinochem over Pirelli possible governance breach

Italy opens procedure against Sinochem over Pirelli possible governance breach

MILAN (Reuters) –     Pirelli said on Wednesday that Italy’s Prime Minis..

Safran appoints new CEOs for its Aircraft Engines, Electrical & Power units

Safran appoints new CEOs for its Aircraft Engines, Electrical & Power units

(Reuters) – Safran has appointed Stephane Cueille as CEO of its Aircraft Engin..

UK orders China-registered firm to sell stake in Scottish chip company

UK orders China-registered firm to sell stake in Scottish chip company

LONDON (Reuters) –     The British government on Wednesday ordered China-regis..

China wants talks on trade measures at COP29 climate summit, document shows

China wants talks on trade measures at COP29 climate summit, document shows

By Kate Abnett BRUSSELS (Reuters) – China has requested that countries hold ta..

Cycling-Britain’s Froome dreaming of one last Tour de France

Cycling-Britain’s Froome dreaming of one last Tour de France

(Reuters) – Four-times Tour de France champion Chris Froome says he dreams of ..

Walmart, other US retailers import fewer Christmas goods ahead of tepid holiday season

Walmart, other US retailers import fewer Christmas goods ahead of tepid holiday season

By Richa Naidu, Aishwarya Venugopal and Siddharth Cavale (Reuters) – Santa Cla..

CFE Finance Group acquires 100% of TechStar, a leader in the Metaverse A €6 million investment in the Meta Presence® platform

CFE Finance Group acquires 100% of TechStar, a leader in the Metaverse A €6 million investment in the Meta Presence® platform

CFE Finance Group, an investment banking boutique, has acquired 100% of TechStar, a ..

DHL reports Q3 net income below expectations

DHL reports Q3 net income below expectations

(Reuters) -German logistics giant DHL reported a third quarter net income of 751 mil..

Shein’s European entity reports 68% sales growth in 2023

Shein’s European entity reports 68% sales growth in 2023

By Helen Reid LONDON (Reuters) -Sales by Shein’s Ireland-registered entity Inf..

KPMG to lay off less than 4% of US audit workforce, source says

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..

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..

UK house prices edge up in October, Nationwide says

UK house prices edge up in October, Nationwide says

LONDON (Reuters) – British house prices rose by a marginal 0.1% in October, sl..

Oil climbs more than $1 on reports of Iran preparing strike on Israel

Oil climbs more than $1 on reports of Iran preparing strike on Israel

By Florence Tan SINGAPORE (Reuters) – Oil prices extended gains on Friday, cli..

Asia markets start big month on cautious footing as US jobs data looms

Asia markets start big month on cautious footing as US jobs data looms

By Stella Qiu SYDNEY (Reuters) -Asian markets started what could be a momentous mont..

Morning Bid: A November to remember..

Morning Bid: A November to remember..

A look at the day ahead in European and global markets from Stella Qiu Asian markets..

Exclusive-Chinese researchers develop AI model for military use on back of Meta’s Llama

Exclusive-Chinese researchers develop AI model for military use on back of Meta’s Llama

By James Pomfret and Jessie Pang (Reuters) -Top Chinese research institutions linked..

Asia’s factory activity stagnates, taking shine off rebound in China

Asia’s factory activity stagnates, taking shine off rebound in China

By Leika Kihara TOKYO (Reuters) – Asia’s manufacturing activity stagnate..

Transforming Retail With AI: Tobias Waldhecker on the Future of E-Commerce and Supply Chain Innovation

Transforming Retail With AI: Tobias Waldhecker on the Future of E-Commerce and Supply Chain Innovation

Tobias Waldhecker is an industrial engineer and expert in commercializa..

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..

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..

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..