Headlines

Cisco to cut more than 4,000 jobs, lowers annual revenue forecast

Cisco to cut more than 4,000 jobs, lowers annual revenue forecast

By Akash Sriram (Reuters) -Cisco Systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annual..

India’s Bosch posts Q3 profit climb on healthy auto parts demand

India’s Bosch posts Q3 profit climb on healthy auto parts demand

BENGALURU (Reuters) – Bosch, the Indian arm of German automotive supplier Robert Bosch GmbH, reported a 62.5% climb in third-qua..

TUI swings to surprise first-quarter profit on robust travel demand

TUI swings to surprise first-quarter profit on robust travel demand

By Joanna Plucinska and Ilona Wissenbach LONDON (Reuters) – Europe’s largest travel operator TUI on Tuesday reported far b..

German economy expected to grow in 2024, official says

German economy expected to grow in 2024, official says

BERLIN (Reuters) – Germany is not in recession and its economy is expected to grow in 2024, Chancellor Olaf Scholz’s chief..

The hardest job in the world’: Siberian shipyard workers brave freezing cold

The hardest job in the world’: Siberian shipyard workers brave freezing cold

YAKUTIA, Russia (Reuters) – A drone flies low over a snow-covered shipyard in Russia’s Far East, where workers toil in sub..

Asia stocks nudge higher, dollar steady ahead of US inflation report

Asia stocks nudge higher, dollar steady ahead of US inflation report

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks inched higher and the dollar held steady on Tuesday ahead of a key U.S. inf..

Displaced Gaza doctor offers free medical help for children from his tent

Displaced Gaza doctor offers free medical help for children from his tent

By Saleh Salem RAFAH, Gaza Strip (Reuters) – The long queue of anxious parents waiting outside paediatrician Rajaa Okasha’..

AI frenzy puts Nvidia briefly ahead of Amazon in market value

AI frenzy puts Nvidia briefly ahead of Amazon in market value

(Reuters) -Nvidia briefly surpassed Amazon.com Inc in market capitalization on Monday, as the euphoria around artificial intelligence ..

German commercial property prices post biggest-ever drop, data shows

German commercial property prices post biggest-ever drop, data shows

By Tom Sims FRANKFURT (Reuters) -German commercial property prices fell 12.1% in the final three months of 2023 compared with a year e..

Battery maker ACC secures financing for three European factories

Battery maker ACC secures financing for three European factories

By Gilles Guillaume PARIS (Reuters) – European auto battery manufacturer ACC, co-owned by Stellantis, Mercedes and TotalEnergie..

Novo Nordisk’s controlling shareholder plans to invest up to $7 billion a year by 2030 – FT

Novo Nordisk’s controlling shareholder plans to invest up to $7 billion a year by 2030 – FT

(Reuters) – Novo Holdings, the controlling shareholder of Danish obesity drugmaker Novo Nordisk, plans to invest up to $7 billio..

Google pledges 25 million euros to boost AI skills in Europe

Google pledges 25 million euros to boost AI skills in Europe

By Martin Coulter LONDON (Reuters) – Google has pledged 25 million euros ($26.98 million) to help people in Europe learn to use ..

Oil starts week lower after Israel says ‘concluded’ Gaza strikes

Oil starts week lower after Israel says ‘concluded’ Gaza strikes

By Sudarshan Varadhan (Reuters) – Oil prices fell in early Asian trade on Monday after Israel said it had “concluded”..

UK employers plan smaller pay rises for 2024: CIPD

UK employers plan smaller pay rises for 2024: CIPD

LONDON (Reuters) – British employers plan smaller pay rises over the coming year than they did three months ago, the first such ..

Roche cutting 345 jobs in product development – media

Roche cutting 345 jobs in product development – media

ZURICH (Reuters) – Roche is cutting 345 jobs, Swiss website Muula reported, as the drugs company responds to lower profit posted..

European shares inch higher on earnings boost; Maersk drops

European shares inch higher on earnings boost; Maersk drops

By Shristi Achar A (Reuters) -European shares edged higher on Thursday, propped up by strong performances from consumer staples stocks..

Iceland volcano erupts again, molten rocks spew from fissures

Iceland volcano erupts again, molten rocks spew from fissures

Iceland volcano erupts again, molten rocks spew from fissures OSLO (Reuters) -A volcano erupted on Thursday in southwest Iceland for t..

SoftBank posts first profit in five quarters with $6.6 billion net income

SoftBank posts first profit in five quarters with $6.6 billion net income

SoftBank posts first profit in five quarters with $6.6 billion net income By Anton Bridge TOKYO (Reuters) -Japan’s SoftBank Grou..

Swisscom profit rises on Fastweb growth, declines comment on Vodafone talks

Swisscom profit rises on Fastweb growth, declines comment on Vodafone talks

Swisscom profit rises on Fastweb growth, declines comment on Vodafone talks By Mateusz Dobrzyniewski and Anastasiia Kozlova (Reuters) ..

Vontobel to take additional cost-cutting measures as profit falls

Vontobel to take additional cost-cutting measures as profit falls

Vontobel to take additional cost-cutting measures as profit falls ZURICH (Reuters) -Vontobel Holding saw its full-year net profit fall..

Siemens profit ahead of forecast despite digital sector orders fall

Siemens profit ahead of forecast despite digital sector orders fall

By John Revill ZURICH (Reuters) -Siemens reported first-quarter profit slightly ahead of expectations on Thursday despite the German e..

Oil rises on slim progress in Gaza peace talks, weaker dollar

Oil rises on slim progress in Gaza peace talks, weaker dollar

By Katya Golubkova and Jeslyn Lerh SINGAPORE (Reuters) -Oil extended gains on Thursday after Israel rejected a ceasefire offer from Ha..

Britain extends tariff-free trade with Ukraine to 2029

Britain extends tariff-free trade with Ukraine to 2029

Britain extends tariff-free trade with Ukraine to 2029 LONDON (Reuters) – Britain on Thursday said it would extend tariff-free t..

UK’s Labour to back out of 28 billion stg green pledge -BBC

UK’s Labour to back out of 28 billion stg green pledge -BBC

UK’s Labour to back out of 28 billion stg green pledge -BBC (Reuters) – Britain’s opposition Labour Party will back ..

OpenAI developing software that operates devices, automates tasks – The Information

OpenAI developing software that operates devices, automates tasks – The Information

(Reuters) – Microsoft-backed OpenAI is working on a type of agent software to automate complex tasks by taking over a users̵..

Dollar slips as market awaits data for direction

Dollar slips as market awaits data for direction

By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The dollar slid further on Wednesday as it consolidates a bounce in ..

Equinor trims cash payouts, share price drops 7%

Equinor trims cash payouts, share price drops 7%

By Nerijus Adomaitis and Nora Buli LONDON (Reuters) – Equinor said on Wednesday it would cut its overall cash returns to shareho..

Equinor trims cash payouts, share price drops 7%

Equinor trims cash payouts, share price drops 7%

By Nerijus Adomaitis and Nora Buli LONDON (Reuters) – Equinor said on Wednesday it would cut its overall cash returns to shareho..

Global stocks hit two-year highs, as dollar eases

Global stocks hit two-year highs, as dollar eases

NEW YORK/LONDON (Reuters) -Global equities rose to a more than two-year high and the S&P 500 touched a record peak on Wednesday, a..

Global stocks hit two-year highs, as dollar eases

Global stocks hit two-year highs, as dollar eases

NEW YORK/LONDON (Reuters) -Global equities rose to a more than two-year high and the S&P 500 touched a record peak on Wednesday, a..

Big Oil offers record returns to lure investors back

Big Oil offers record returns to lure investors back

LONDON (Reuters) – Big Oil firms are handing shareholders more money than ever and are promising more going forward in an attemp..

Big Oil offers record returns to lure investors back

Big Oil offers record returns to lure investors back

LONDON (Reuters) – Big Oil firms are handing shareholders more money than ever and are promising more going forward in an attemp..

Nvidia’s stock market value on verge of overtaking Amazon

Nvidia’s stock market value on verge of overtaking Amazon

(Reuters) – Wall Street’s enthusiasm about artificial intelligence has Nvidia on the verge of becoming more valuable than ..

Nvidia’s stock market value on verge of overtaking Amazon

Nvidia’s stock market value on verge of overtaking Amazon

(Reuters) – Wall Street’s enthusiasm about artificial intelligence has Nvidia on the verge of becoming more valuable than ..

Prince William back to work after Kate’s surgery and King Charles’ cancer

Prince William back to work after Kate’s surgery and King Charles’ cancer

LONDON (Reuters) -Britain’s Prince William returned to public duty on Wednesday following his wife Kate’s surgery and news..

Prince William back to work after Kate’s surgery and King Charles’ cancer

Prince William back to work after Kate’s surgery and King Charles’ cancer

By Michael Holden LONDON (Reuters) -Britain’s Prince William returned to public duty on Wednesday following his wife Kate’..

Aircraft lessor DAE expects further Boeing delays

Aircraft lessor DAE expects further Boeing delays

(Reuters) – A production cap and recent incidents with Boeing’s 737 MAX aircraft will “undoubtedly” impede the..