EU leaders resolve to boost economic security amid global tension
GRANADA, Spain (Reuters) – European Union leaders resolved on Friday to strengthen the bloc’s competitiveness, be at th..
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Analysis-Is the US strategy of engaging China working?
By Michael Martina and Humeyra Pamuk WASHINGTON (Reuters) – Early in the Biden administration, U.S. Secretary of State Antony Bl..
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The Different Types of Gold Bullion Available on the Market
Whenever many people think of gold, they often imagine a gleaming, yellow metal. While this portrayal is exact, the vast majority don&..
Investment
Simple Guide To Ensure You Pass Your SAP Calculation Test
To guarantee compliance with UK regulations, every new build dwelling must undergo Standard Assessment Procedure calculations. This ar..
Business
Renault brings in Volvo, CMA CGM for electric van project
PARIS (Reuters) – Renault will work with fellow carmaker Volvo and shipping group CMA CGM on an electric van project that Renaul..
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US FDA still not satisfied with Philips recall; stock falls over 9%
By Toby Sterling and Piotr Lipinski AMSTERDAM (Reuters) -The U.S. Food and Drug Administration (FDA) said it is still not satisfied wi..
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ECB’s Schnabel can’t rule out more hikes amid inflation risks
FRANKFURT (Reuters) -The European Central Bank may need to raise interest rates again if wages, profits or new supply snags boost infl..
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GSK raises $1.1 billion from Haleon stake sale
(Reuters) -British drugmaker GSK on Friday said it raised 885.6 million pounds ($1.08 billion) from a stake sale in Haleon, bringing d..
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UK’s J D Wetherspoon posts higher sales on resilient demand
(Reuters) -British pub group J D Wetherspoon said on Friday sales in the first nine weeks of its financial year rose nearly 10% on st..
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Norway plans resource tax on onshore wind farms
OSLO (Reuters) – Norway will introduce a resource rent tax on onshore wind power from 2024, although existing facilities will ge..
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Finnair to raise $632 million to shore up finances
STOCKHOLM (Reuters) -Finnish airline Finnair said on Friday it planned to raise up to 600 million euros ($632 million) in a rights iss..
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Explainer-Why are British lender Metro Bank’s shares plunging?
LONDON (Reuters) – Mid-sized British lender Metro Bank saw its shares plunge more than 25% on Thursday following reports it is t..
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Oil prices fall again; demand worries outweigh tight supply
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell about 2% on Thursday, extending the previous session’s nearly 6% losse..
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UK to examine Amazon and Microsoft’s cloud dominance
LONDON (Reuters) -Britain’s media regulator on Thursday asked the country’s antitrust authority to investigate U.S. tech g..
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Analysis-When, not if, Europe copies Wall Street share trading reform
By Huw Jones LONDON (Reuters) – The European Union, Britain and Switzerland have little choice but to copy Wall Street in speedi..
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Citigroup outlines layoff process, reassignments as overhaul takes shape
By Lananh Nguyen, Saeed Azhar and Tatiana Bautzer NEW YORK (Reuters) -Citigroup managers are reviewing staff rosters to determine by N..
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Dollar, stocks slip amid still tight U.S. labor market
By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) -The dollar eased and a gauge of global equities slipped on Thursday ..
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Greedy beast’ of inflation not yet defeated, Bundesbank chief says
FRANKFURT (Reuters) – Euro zone inflation is falling but the fight is not yet won and the high rate of underlying price growth r..
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Pound dips after weak UK construction data, BoE survey
By Samuel Indy LONDON (Reuters) – The British pound dipped against the U.S. dollar and the euro on Thursday after data sh..
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Alstom cash flow warning wipes $3 billion off train maker’s value
(Reuters) -Alstom’s shares plunged by as much as 38% in Paris on Thursday after the French train maker slashed its full-year fre..
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Jewellery retailer Pandora raises growth targets, shares jump
By Helen Reid LONDON (Reuters) -Jewellery retailer Pandora raised its growth targets on Thursday, saying investments in the brand and ..
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Novo Nordisk’s Wegovy bonanza looms large in Denmark
By Maggie Fick COPENHAGEN (Reuters) – The whirlwind success of weight-loss treatment Wegovy is providing a bonanza not just for ..
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Birkenstock the latest shoe IPO to drop in a tough market
(Reuters) – Sandal company Birkenstock needs to sell more clogs and boots and boost sales from its own website and boutiques to ..
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UK new car sales rise about 20% in September, says industry body SMMT
(Reuters) – New car sales in Britain rose roughly 20% in September from a year earlier, driven largely by an increase in registr..
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UK PM Sunak offers billions for new links after scrapping HS2 northern leg
MANCHESTER (Reuters) – British Prime Minister Rishi Sunak cancelled the northern leg of the costly HS2 high-speed rail project o..
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Europe could become energy self-sufficient in $2 trillion push – study
FRANKFURT (Reuters) – Europe could wean itself off fossil fuels and create a self-sustainable energy sector by spending around 2..
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World’s biggest bond markets steady after heavy selloff
By Alun John and Naomi Rovnick LONDON (Reuters) -A broad selloff in world government bonds on Wednesday drove up U.S. 30-year Treasury..
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UK business downturn eases after inflation data, BoE pause – PMI
LONDON (Reuters) – British services companies suffered a less severe downturn in September than first feared, reflecting a surp..
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Euro zone economy likely contracted in Q3 amid waning demand
By Jonathan Cable LONDON (Reuters) – The euro zone economy probably shrank last quarter, according to a survey which showed dema..
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Global bond rout deepens before receding on relief rally
NEW YORK/LONDON (Reuters) -A rout in government bond markets deepened on Wednesday with benchmark U.S. yields hitting fresh 16-year hi..
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ECB’s Centeno says rate cycle likely completed, inflation retreating
LISBON (Reuters) -The cycle of interest rate hikes by the European Central Bank has likely come to an end as inflation across the euro..
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Factbox-Italy feels health sector pinch as Europe struggles post COVID-19
ROME (Reuters) – Italy’s government has warned that a shortage of doctors and nurses in the national health service repres..
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Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year
BRUSSELS (Reuters) – Euro zone producer prices edged higher as expected month-on-month in August and plunged year-on-year on a s..
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Exxon Mobil to sell majority stake in Italy LNG terminal to BlackRock
By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in ItalyR..
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Central bank test lab develops global bitcoin mapping system
By Marc Jones LONDON (Reuters) – A global central bank test lab has designed a prototype bitcoin monitoring system aimed at givi..
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Russian car sales jump in September as Chinese brands expand market share
(Reuters) – Car sales in Russia jumped by 148.6% year-on-year in September, continuing to rebound from a huge slump in 2022, ana..
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Sanofi to co-develop Teva Pharmaceutical’s Colitis, Crohn’s drug
By Steven Scheer JERUSALEM (Reuters) – Teva Pharmaceutical Industries said on Wednesday it will collaborate with French drugmake..
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