Headlines

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 reported a rise in third quarter sales on Tuesday tha..

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, the Robert Koch Institute for public health said..

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 of its chemical business in the coming days as it..

German steelmaker Salzgitter cuts full-year guidance

German steelmaker Salzgitter cuts full-year guidance

  (Reuters) – German steelmaker Salzgitter cut its full-year guidance on Tuesday, reporting a drop in its earnings during t..

Brevan Howard says significant amount of its crypto trading done from UAE

Brevan Howard says significant amount of its crypto trading done from UAE

  By Nell Mackenzie (Reuters) – Brevan Howard does a significant amount of its crypto trading from the United Arab Emirates..

King Charles visits melanoma clinic in Sydney and meets cancer survivors

King Charles visits melanoma clinic in Sydney and meets cancer survivors

  SYDNEY (Reuters) – King Charles visited a skin cancer clinic in Sydney on Tuesday where he met cancer survivors and resea..

German tax revenue rose 6.9% in September

German tax revenue rose 6.9% in September

  BERLIN (Reuters) – Germany’s federal and state governments’ tax revenues rose 6.9% in September compared with..

Logitech raises full-year outlook as sales and profit expectations climb

Logitech raises full-year outlook as sales and profit expectations climb

  (Reuters) -Logitech International raised its full-year outlook after a strong performance and a growth in demand in the second ..

Analysis-Can the new CVS CEO handle the Aetna challenge?

Analysis-Can the new CVS CEO handle the Aetna challenge?

By Amina Niasse NEW YORK (Reuters) – As CVS Health’s new CEO David Joyner steps into the top job after Karen Lynch’s..

Climate scientists warn Nordic ministers of changing Atlantic Ocean current

Climate scientists warn Nordic ministers of changing Atlantic Ocean current

  COPENHAGEN (Reuters) – More than 40 climate scientists are urging Nordic ministers to prevent global warming from causing..

Retailer Carrefour reviewing work practices at Saudi partner after Amnesty raises concerns

Retailer Carrefour reviewing work practices at Saudi partner after Amnesty raises concerns

  PARIS (Reuters) -French supermarket retailer Carrefour said on Monday it is reviewing how staff are treated at Majid Al Futtaim..

Forvia clinches new supply deals with China’s BYD and Xiaomi, shares jump

Forvia clinches new supply deals with China’s BYD and Xiaomi, shares jump

By Nathan Vifflin and Mara Vilcu (Reuters) -French car part supplier Forvia has secured new deals with Chinese automakers BYD and Xiao..

STOXX 600 subdued with key earnings on tap; energy shares jump

STOXX 600 subdued with key earnings on tap; energy shares jump

By Paolo Laudani and Ankika Biswas (Reuters) -European shares struggled for direction on Monday, after two back-to-back weekly gains, ..

German producer prices fall more than expected in September

German producer prices fall more than expected in September

  BERLIN (Reuters) – German producer prices fell more than expected in September, declining 1.4% year on year, due mainly t..

Tepid start to week for world stocks, but gold, bitcoin shine

Tepid start to week for world stocks, but gold, bitcoin shine

  By Medha Singh and Rae Wee LONDON (Reuters) – Global stocks kicked off the week on a tepid note on Monday, after strong g..

Sanofi reaches deal on terms of sale of consumer health arm, say French government sources

Sanofi reaches deal on terms of sale of consumer health arm, say French government sources

PARIS (Reuters) -Sanofi on Sunday reached an agreement on terms to sell a controlling stake in its consumer health unit Opella to U.S...

Perplexity AI in funding talks to more than double valuation to $8 billion, WSJ reports

Perplexity AI in funding talks to more than double valuation to $8 billion, WSJ reports

  (Reuters) -Jeff Bezos-backed Perplexity AI has begun fundraising talks in which it is looking to more than double its valuation..

Triathlon-Britain’s Yee adds world title to Olympic gold

Triathlon-Britain’s Yee adds world title to Olympic gold

(Reuters) – British Olympic champion Alex Yee finished third after a barn-storming run in the men’s triathlon World Champi..

UK’s Mothercare partners with Reliance to strengthen South Asia presence

UK’s Mothercare partners with Reliance to strengthen South Asia presence

  (Reuters) – Mothercare formed a joint venture with Reliance Brands Holding UK, strengthening its presence in the South As..

Number of female business leaders in Britain falls in 2024, report says

Number of female business leaders in Britain falls in 2024, report says

  LONDON (Reuters) – The number of women who hold executive reins in corporate Britain has fallen for the first time in eig..

FTSE 100 touches five-month closing high on optimism over rate cuts

FTSE 100 touches five-month closing high on optimism over rate cuts

  By Pranav Kashyap and Sruthi Shankar (Reuters) -The UK’s FTSE 100 closed at a near five-month high on Thursday, as pest c..

Denmark’s central bank cuts key interest rate to 2.85%, mirroring ECB

Denmark’s central bank cuts key interest rate to 2.85%, mirroring ECB

  COPENHAGEN (Reuters) – Denmark’s central bank cut its key policy interest rate by 25 basis points to 2.85% on Thurs..

Heightened Egyptian demand in tight market buoys European fuel oil prices

Heightened Egyptian demand in tight market buoys European fuel oil prices

By Robert Harvey and Ahmad Ghaddar LONDON (Reuters) – A spike in Egyptian imports of fuel oil used for power generation has coin..

Germany moves to strengthen domestic wind power industry

Germany moves to strengthen domestic wind power industry

By Riham Alkousaa BERLIN (Reuters) -Germany is planning state guarantees for wind energy production, it said on Thursday, as part of a..

Adyen co-founder’s new firm Tebi raises $22 million to expand

Adyen co-founder’s new firm Tebi raises $22 million to expand

  By Toby Sterling AMSTERDAM (Reuters) – The co-founder of payments giant Adyen has begun scaling up his new business softw..

GSK sues Moderna for US patent infringement over COVID, RSV vaccines

GSK sues Moderna for US patent infringement over COVID, RSV vaccines

  By Blake Brittain (Reuters) -British drugmaker GlaxoSmithKline sued Moderna in U.S. federal court in Delaware on Tuesday, accus..

Spain 12-month EU-harmonised inflation falls to 1.7% in September

Spain 12-month EU-harmonised inflation falls to 1.7% in September

  (Reuters) – Spain’s European Union-harmonised 12-month inflation fell to 1.7% in September, down from 2.4% in the p..

Adobe starts roll-out of AI video tools, challenging OpenAI and Meta

Adobe starts roll-out of AI video tools, challenging OpenAI and Meta

  (Reuters) – Adobe on Monday said it has started publicly distributing an AI model that can generate video from text promp..

Hungary seeks housing boost from pensions ahead of 2026 election

Hungary seeks housing boost from pensions ahead of 2026 election

  By Gergely Szakacs BUDAPEST (Reuters) -Hungary’s economy ministry proposed on Monday that savings in private pension acco..

Sterling dips as investors look to UK jobs, inflation reports this week

Sterling dips as investors look to UK jobs, inflation reports this week

  By Medha Singh LONDON (Reuters) – The pound held near a one-month low against the dollar on Monday ahead of wage growth a..

Exclusive-Ericsson gets new 5G contract from India’s Bharti Airtel, sources say

Exclusive-Ericsson gets new 5G contract from India’s Bharti Airtel, sources say

  By Supantha Mukherjee STOCKHOLM (Reuters) -Swedish telecom gear maker Ericsson has received a new multi-billion dollar contract..

Stellantis’ CEO declines to rule out job cuts in challenging market

Stellantis’ CEO declines to rule out job cuts in challenging market

  PARIS (Reuters) – Stellantis CEO Carlos Tavares on Monday declined to rule out job cuts and said keeping up with Chinese ..

Inside China’s bid to build sway over global metals pricing

Inside China’s bid to build sway over global metals pricing

  By Pratima Desai and Siyi Liu LONDON/SINGAPORE (Reuters) – China is locking in steps to shape the pricing of the vast qua..

Geopolitics dents big UK businesses’ optimism, Deloitte says

Geopolitics dents big UK businesses’ optimism, Deloitte says

  By Andy Bruce (Reuters) – Optimism in large British companies softened ahead of the new Labour government’s first a..

Athletics-Kenya’s Chepngetich smashes women’s marathon world record

Athletics-Kenya’s Chepngetich smashes women’s marathon world record

  (Reuters) -Kenya’s Ruth Chepngetich put on a performance for the ages as she obliterated the women’s marathon world..

NASA spacecraft to study whether Jupiter’s moon Europa can harbor life

NASA spacecraft to study whether Jupiter’s moon Europa can harbor life

  By Will Dunham WASHINGTON (Reuters) – NASA is set to launch a spacecraft to Jupiter’s moon Europa, considered one o..

Italian-run space centre in Kenya to be used again for earth observation

Italian-run space centre in Kenya to be used again for earth observation

  MILAN (Reuters) – An Italian-run space centre in Kenya will be used again for the launch of Earth observation satellites ..