All Posts

British retailer John Lewis says turnaround delayed by two years

British retailer John Lewis says turnaround delayed by two years

By James Davey LONDON (Reuters) -John Lewis Partnership’s turnaround will take two years longer than planned and cost more money..

Swedish inflation slows in August; Riksbank still expected to hike next week

Swedish inflation slows in August; Riksbank still expected to hike next week

STOCKHOLM (Reuters) – The pace of headline Swedish inflation slowed more than expected in August, official data showed on Thursd..

Thyssenkrupp creates green tech division, launches performance programme

Thyssenkrupp creates green tech division, launches performance programme

FRANKFURT (Reuters) – Thyssenkrupp on Thursday unveiled plans to bundle its businesses with a green technology angle in one segm..

New Zealand’s National Party looks to cement lead 30 days out from election

New Zealand’s National Party looks to cement lead 30 days out from election

WELLINGTON (Reuters) – Thirty days out from New Zealand’s general election, recent polls show the opposition party National ceme..

Carrefour sticks price warnings on food to shame suppliers

Carrefour sticks price warnings on food to shame suppliers

PARIS (Reuters) – French supermarket chain Carrefour has slapped price warnings on products from Lindt chocolates to Lipton Ice ..

OpenAI launches office in Dublin with nine job listings

OpenAI launches office in Dublin with nine job listings

By Anna Tong (Reuters) -Artificial intelligence leader OpenAI is opening an office in Dublin, the Microsoft-backed company said Thursd..

Exor to buy back 1 billion euro own shares, starts with 750 million tender offer on Thursday

Exor to buy back 1 billion euro own shares, starts with 750 million tender offer on Thursday

MILAN (Reuters) – Exor has approved a new share buyback program for up to one billion euros ($1.07 billion), with an initial ten..

SoftBank’s Arm valued at $54.5 billion in year’s biggest IPO

SoftBank’s Arm valued at $54.5 billion in year’s biggest IPO

By Echo Wang and Anirban Sen NEW YORK (Reuters) – Chip designer Arm Holdings Plc secured a $54.5 billion valuation in its U.S. i..

Goldman, J.P.Morgan cut UK’s 2023 growth forecast

Goldman, J.P.Morgan cut UK’s 2023 growth forecast

(Reuters) -Goldman Sachs and J.P.Morgan on Wednesday cut their full-year growth forecast for the UK’s gross domestic product (G..

ABB invests $280 million in new robotics factory in Sweden

ABB invests $280 million in new robotics factory in Sweden

ZURICH (Reuters) – ABB is spending $280 million on a new robotics factory in Sweden, the Swiss engineering and technology group ..

Aviva to sell Singlife joint venture stake for $1 billion

Aviva to sell Singlife joint venture stake for $1 billion

LONDON (Reuters) -Aviva is quitting its Singlife joint venture, selling its 25.9% stake in Singapore Life Holdings and two debt instru..

Sterling drops after UK economy contracts by more than expected

Sterling drops after UK economy contracts by more than expected

LONDON (Reuters) – The British pound declined against the dollar and euro on Wednesday after data showed British economic output..

Zara owner Inditex’s H1 profit climbs as it eyes growth through stable prices

Zara owner Inditex’s H1 profit climbs as it eyes growth through stable prices

MADRID (Reuters) -Zara owner Inditex reported on Wednesday a jump of 40% in profit for the six months to July amid higher sales compar..

Oil near 10-month peak on supply tightness, US inflation data awaits

Oil near 10-month peak on supply tightness, US inflation data awaits

By Yuka Obayashi and Muyu Xu (Reuters) -Oil rose on Wednesday, firming its ground near a 10-month peak reached during trading a day ea..

EY to create 1,000 jobs in N. Ireland, kicking off investment conference

EY to create 1,000 jobs in N. Ireland, kicking off investment conference

LONDON (Reuters) – Professional services firm EY will create 1,000 jobs in Northern Ireland over the next five years, the Britis..

Boeing deliveries decrease in August as it wrestles with manufacturing defect

Boeing deliveries decrease in August as it wrestles with manufacturing defect

By Valerie Insinna WASHINGTON (Reuters) – Boeing delivered 35 planes in August, its lowest number since April, as it struggles w..

Nothing to toast as Italy loses wine-making leadership to France

Nothing to toast as Italy loses wine-making leadership to France

ROME (Reuters) – Wine output in Italy looks set to fall 12% this year to below 44 million hectolitres after extreme weather and ..

UK, Japanese, Italian partners agree next steps for fighter jet

UK, Japanese, Italian partners agree next steps for fighter jet

LONDON (Reuters) – Britain’s BAE Systems, Japan’s Mitsubishi Heavy Industries, and Italy’s Leonardo have agree..

FTSE 100 rises on peak rate bets; Smurfit Kappa slumps on WestRock deal

FTSE 100 rises on peak rate bets; Smurfit Kappa slumps on WestRock deal

(Reuters) – UK’s FTSE 100 index inched higher on Tuesday after labour data signalled that the Bank of England might be nea..

UK jobless rate rises but wage growth points to another rate hike

UK jobless rate rises but wage growth points to another rate hike

LONDON (Reuters) -Britain’s labour market showed more signs of cooling in the three months through July, even as data showing an..

Russian plane with 159 aboard makes emergency landing in Novosibirsk region – agencies

Russian plane with 159 aboard makes emergency landing in Novosibirsk region – agencies

(Reuters) – Russia’s Ural Airlines plane with 159 people aboard and flying from Sochi to Omsk made an emergency landing in..

Asian stocks steady, Japan, China central banks interrupt dollar’s ascent

Asian stocks steady, Japan, China central banks interrupt dollar’s ascent

By Tom Westbrook SINGAPORE (Reuters) – Asian stock markets edged up on Tuesday while comments from central banks in China and Ja..

Brent holds above $90; traders eye U.S., European interest rates as guide to demand

Brent holds above $90; traders eye U.S., European interest rates as guide to demand

By Stephanie Kelly and Jeslyn Lerh SINGAPORE (Reuters) -Brent crude futures held above $90 a barrel on Tuesday, while investors await..

BoE’s Mann says better to err towards over-tightening rates

BoE’s Mann says better to err towards over-tightening rates

By Andy Bruce and David Milliken LONDON (Reuters) -Bank of England policymaker Catherine Mann said on Monday that it was too soon for ..

Global companies to hike security spending as threats rise – survey

Global companies to hike security spending as threats rise – survey

By Kate Holton LONDON (Reuters) – Almost half of security chiefs at the world’s biggest companies expect to increase their..

Ripe for change? Activist investors eye food, consumer goods firms

Ripe for change? Activist investors eye food, consumer goods firms

LONDON (Reuters) – In early 2021, investment management firm Artisan Partners sent an open letter to an incoming member of Danon..

AstraZeneca shares fall 4% to 7-1/2 week low

AstraZeneca shares fall 4% to 7-1/2 week low

LONDON (Reuters) -Shares in London-listed drugmaker AstraZeneca fell more than 4% on Monday, sliding to their lowest since July 19. Th..

BMW to invest $750 million in UK plants to take Mini fully electric

BMW to invest $750 million in UK plants to take Mini fully electric

LONDON (Reuters) -BMW said on Monday it will invest 600 million pounds ($750 million) in its UK plants to take its Mini brand all-elec..

All of UK retailer Wilko’s stores to shut, risking 12,500 jobs

All of UK retailer Wilko’s stores to shut, risking 12,500 jobs

LONDON (Reuters) -Failed retailer Wilko will disappear from British high streets next month, as its entire chain of 400 homeware store..

How will quantum computing affect artificial intelligence applications?

How will quantum computing affect artificial intelligence applications?

In the ever-evolving landscape of technology, two cutting-edge fields, quantum computing and artificial intelligence (AI), are poised ..

England confirms 34 COVID cases linked to highly mutated variant – UKSHA

England confirms 34 COVID cases linked to highly mutated variant – UKSHA

(Reuters) – UK Health Security Agency (UKSHA) said on Friday that 34 COVID-19 cases linked to the highly mutated variant BA.2.86..

G20 chair India says leaders’ statement almost ready

G20 chair India says leaders’ statement almost ready

NEW DELHI (Reuters) – The G20 leaders’ communique is almost ready to be presented to those attending the weekend summit of..

Italy, France agree to postpone closure of Mont Blanc tunnel by a year

Italy, France agree to postpone closure of Mont Blanc tunnel by a year

MILAN (Reuters) – Key maintenance works on the Mont Blanc tunnel between Italy and France have been postponed until September ne..

As deadly Greek rainstorm ebbs, a trail of devastation emerges

As deadly Greek rainstorm ebbs, a trail of devastation emerges

By Angeliki Koutantou and Louisa Gouliamaki KARDITSA, Greece (Reuters) -Hundreds of people were stranded without food or water for a t..

London-listed SPAC moves closer to launch of Lloyd’s insurance vehicle

London-listed SPAC moves closer to launch of Lloyd’s insurance vehicle

LONDON (Reuters) – A London-listed special purpose acquisition company has moved closer to launching a vehicle designed to give ..

German inflation eases to 6.4% in August

German inflation eases to 6.4% in August

BERLIN (Reuters) – German inflation eased in August to 6.4%, the federal statistics office said on Friday, confirming prelimina..

What Is Agile Project Management

What Is Agile Project Management

Definition of Agile Project Management Agile Project Management is a methodology that promotes iterative and incremental developme..