Business

Saipem wins $4 billion contract from QatarEnergy

Saipem wins $4 billion contract from QatarEnergy

  (Reuters) – Italian energy engineering group Saipem said on Sunday it h..

US locks in steep China tariff hikes, many to start Sept. 27

US locks in steep China tariff hikes, many to start Sept. 27

By David Lawder (Reuters) -The Biden administration on Friday locked in steep tariff..

Zara to offer its secondhand clothes service in US by October

Zara to offer its secondhand clothes service in US by October

MADRID (Reuters) – Zara will offer its service for selling, repairing or donat..

Scotland’s only oil refinery to close next year, 400 jobs to go

Scotland’s only oil refinery to close next year, 400 jobs to go

By Ron Bousso and Robert Harvey LONDON (Reuters) -Grangemouth, Scotland’s only..

Zara owner Inditex sees early autumn sales perk up after summer slowdown

Zara owner Inditex sees early autumn sales perk up after summer slowdown

By Corina Pons MADRID (Reuters) -Zara owner Inditex reported a jump in sales of its ..

Services’ grip on UK economy tightens as manufacturing share ebbs further

Services’ grip on UK economy tightens as manufacturing share ebbs further

By Andy Bruce (Reuters) – Britain’s shift towards a services-dominated e..

Etihad Airways plans IPO no earlier than 2025, sources say

Etihad Airways plans IPO no earlier than 2025, sources say

By Hadeel Al Sayegh, Andres Gonzalez and Federico Maccioni DUBAI/LONDON (Reuters) -A..

Key events at Nike under CEO John Donahoe

Key events at Nike under CEO John Donahoe

(Reuters) – Nike will hold its annual meeting virtually on Tuesday and a key i..

Retail, consumer CEOs see shorter tenures as boards act more quickly

Retail, consumer CEOs see shorter tenures as boards act more quickly

By Svea Herbst-Bayliss and Richa Naidu NEW YORK/LONDON (Reuters) – When two of..

UK pay growth cools, keeping BoE on track for another rate cut

UK pay growth cools, keeping BoE on track for another rate cut

By Andy Bruce and Suban Abdulla LONDON (Reuters) -British pay growth cooled in the t..

Aldi UK says shoppers trading up as inflation eases

Aldi UK says shoppers trading up as inflation eases

By Paul Sandle LONDON (Reuters) -Supermarket group Aldi UK said its prices this summ..

Tips On International Currency Transfers for Businesses

Tips On International Currency Transfers for Businesses

Businesses operating in today’s globalized economy rely heavily on foreign cur..

UK retailer John Lewis to bring back 100-year old price pledge

UK retailer John Lewis to bring back 100-year old price pledge

  By Sarah Young LONDON (Reuters) – British department store John Lewis i..

Maersk says impact from Red Sea attacks continues to intensify

Maersk says impact from Red Sea attacks continues to intensify

  STOCKHOLM (Reuters) – The negative impact on maritime shipping and glob..

South Africa’s SPAR sells Polish business to Specjal

South Africa’s SPAR sells Polish business to Specjal

  JOHANNESBURG (Reuters) – South Africa’s second-biggest grocery gr..

Malaysia central bank to hold rates at 3.0% until at least 2026: Reuters poll

Malaysia central bank to hold rates at 3.0% until at least 2026: Reuters poll

  By Pranoy Krishna BENGALURU (Reuters) – Bank Negara Malaysia (BNM) will..

BMW worldwide recalling Mini Cooper SE electric models, company says

BMW worldwide recalling Mini Cooper SE electric models, company says

  BERLIN (Reuters) -German automaker BMW is recalling electric Mini Cooper SE v..

Lowest euro zone inflation in 3 years sets up ECB for cut

Lowest euro zone inflation in 3 years sets up ECB for cut

By Francesco Canepa and Balazs Koranyi FRANKFURT/TALLINN (Reuters) -Inflation in the..

Uber invests in UK startup Wayve to speed up self-driving projects

Uber invests in UK startup Wayve to speed up self-driving projects

By Nick Carey LONDON (Reuters) – Ride-hailing platform Uber will invest in Way..

UK’s Sainsbury’s agrees deal to acquire 10 Homebase stores

UK’s Sainsbury’s agrees deal to acquire 10 Homebase stores

  LONDON (Reuters) – Britain’s second-largest supermarket group, Sa..

Europe shrugs off Nvidia chill to eye record high

Europe shrugs off Nvidia chill to eye record high

By Chibuike Oguh NEW YORK (Reuters) -Global shares edged higher on Thursday, shruggi..

EU new car sales flat in July as battery-electric slumps, industry body ACEA says

EU new car sales flat in July as battery-electric slumps, industry body ACEA says

By Alessandro Parodi and Greta Rosen Fondahn (Reuters) -New car sales in the Europea..

HMD launches Barbie phone in partnership with Mattel

HMD launches Barbie phone in partnership with Mattel

  STOCKHOLM (Reuters) – HMD Global, which makes Nokia-branded phones, sai..

UK shop prices dip for first time in nearly 3 years, survey shows

UK shop prices dip for first time in nearly 3 years, survey shows

  (Reuters) – British shop prices fell in annual terms this month for the..

Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance

Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance

  By Arathy Somasekhar HOUSTON (Reuters) -Oil major Shell on Monday said it pla..

Pay gap between bosses and ordinary workers widens in Switzerland

Pay gap between bosses and ordinary workers widens in Switzerland

ZURICH (Reuters) -The gap between the highest- and lowest-paid workers in Switzerlan..

Analysis-Darkening global outlook, central bank pivots signal more turbulence

Analysis-Darkening global outlook, central bank pivots signal more turbulence

  By Leika Kihara, Howard Schneider and Balazs Koranyi JACKSON HOLE, Wyoming (R..

Australian employees now have the right to ignore work emails, calls after hours

Australian employees now have the right to ignore work emails, calls after hours

  By Lewis Jackson SYDNEY (Reuters) – Is your boss texting you on the wee..

BHP’s return to Argentina marks new hope for untapped copper mines

BHP’s return to Argentina marks new hope for untapped copper mines

  By Daina Beth Solomon and Divya Rajagopal SANTIAGO/TORONTO (Reuters) – ..

Oil up over 1% but set to end week down on demand concerns

Oil up over 1% but set to end week down on demand concerns

By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose 1% on Friday on a softer dollar b..

Nestle replaces CEO Schneider with company veteran Freixe

Nestle replaces CEO Schneider with company veteran Freixe

  By John Revill and Richa Naidu ZURICH/LONDON (Reuters) – Nestle is repl..

Oil set to end week lower on demand concerns, easing supply woes

Oil set to end week lower on demand concerns, easing supply woes

  By Shariq Khan (Reuters) – Oil prices were little changed on Friday, on..

UK businesses report more growth momentum in August

UK businesses report more growth momentum in August

By Andy Bruce (Reuters) -British business activity sped up this month and cost press..

Analysis-Euro, now a safer bet, emerges a winner from market turmoil

Analysis-Euro, now a safer bet, emerges a winner from market turmoil

By Sruthi Shankar and Alun John (Reuters) -The euro is trading at its highest this y..

UK factory orders fall again but by less than in July, CBI survey shows

UK factory orders fall again but by less than in July, CBI survey shows

UK factory orders fall again but by less than in July, CBI survey shows (Reuters) &#..

Siemens picks Toyota’s Vanderlande as buyer for logistics unit, sources say

Siemens picks Toyota’s Vanderlande as buyer for logistics unit, sources say

  MUNICH (Reuters) – Siemens has chosen Toyota’s Vanderlande as a b..

Britain’s insurers told to demonstrate better value for customers

Britain’s insurers told to demonstrate better value for customers

  LONDON (Reuters) – Some of Britain’s insurers are still unable to..