Headlines

LightOn to become Europe’s first listed GenAI startup with Paris IPO

LightOn to become Europe’s first listed GenAI startup with Paris IPO

(Reuters) – French generative AI startup LightOn launched an initial public of..

Audi unveils new EV brand in China without four ring logo

Audi unveils new EV brand in China without four ring logo

By Brenda Goh SHANGHAI (Reuters) – Audi on Thursday unveiled a new electric ve..

Diamond necklace possibly linked to Marie Antoinette’s demise up for auction

Diamond necklace possibly linked to Marie Antoinette’s demise up for auction

By Cecile Mantovani and Denis Balibouse GENEVA (Reuters) – A diamond-studded n..

Lyft projects strong fourth-quarter bookings on robust commuter demand, shares jump

Lyft projects strong fourth-quarter bookings on robust commuter demand, shares jump

By Akash Sriram (Reuters) -Lyft on Wednesday forecast current-quarter gross bookings..

Coty sees annual profit at low end of forecast as mass beauty demand slows

Coty sees annual profit at low end of forecast as mass beauty demand slows

(Reuters) –     Coty on Wednesday said it expects annual profit to come in at ..

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 ..

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..

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..

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..

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..

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..

Wolfspeed shelves plans to build chip factory in Germany

Wolfspeed shelves plans to build chip factory in Germany

  (Reuters) -Wolfspeed has shelved plans to build a semiconductor factory in En..

IMF says UK should shield investment while curbing debt

IMF says UK should shield investment while curbing debt

  By David Lawder and David Milliken WASHINGTON (Reuters) -Britain should bring..

Mike Ashley’s Frasers drops plan to buy luxury brand Mulberry

Mike Ashley’s Frasers drops plan to buy luxury brand Mulberry

  (Reuters) -British sportswear and apparel retailer Frasers Group walked away ..

French bond investors brace for Moody’s rating review

French bond investors brace for Moody’s rating review

  By Stefano Rebaudo (Reuters) – Rating agency Moody’s will review ..

Euro zone consumer confidence rises to -12.5 in October

Euro zone consumer confidence rises to -12.5 in October

  (Reuters) – Euro zone consumer confidence rose by 0.4 points in October..

Air Liquide confirms full-year targets after in-line quarter

Air Liquide confirms full-year targets after in-line quarter

  By Olivier Cherfan (Reuters) -French industrial gases supplier Air Liquide re..

Goldman sees oil prices holding around $76/bbl in 2025 on ample supply

Goldman sees oil prices holding around $76/bbl in 2025 on ample supply

  (Reuters) – Goldman Sachs expects oil prices to average $76 a barrel in..

L’Oreal third quarter sales disappoint as China spends less on beauty

L’Oreal third quarter sales disappoint as China spends less on beauty

  By Dominique Patton PARIS (Reuters) -French cosmetics giant L’Oreal rep..

Germany identifies its first case of new mpox variant

Germany identifies its first case of new mpox variant

  BERLIN (Reuters) -Germany has detected its first case of the new mpox variant..

Eni to launch chemical business restructuring in coming days, sources say

Eni to launch chemical business restructuring in coming days, sources say

  MILAN (Reuters) – Italy’s Eni is expected to announce an overhaul..

German steelmaker Salzgitter cuts full-year guidance

German steelmaker Salzgitter cuts full-year guidance

  (Reuters) – German steelmaker Salzgitter cut its full-year guidance on ..