Nestle sales soar as price rises drive growth
By John Revill and Richa Naidu ZURICH/LONDON (Reuters) -Nestle posted its strongest nine-month sales growth in 14 years on Wednesday a..
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Tesla investors to focus on demand issues in earnings report
(Reuters) -Tesla Inc’s quarterly report on Wednesday will likely show whether the Elon Musk-led electric-vehicle maker is facing..
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Abris-backed Alsendo invests in SaaS specialist Innoship
The transaction will accelerate the transformation of the shipping business into a tech-driven provider of e-commerce so..
Technology
Logistics Tech is Streamlining the Healthcare Supply Chain
In 2021 and into 2022, issues with global supply chains made headlines around the world. Primarily connected to the COVID-..
Trading
Italy’s Brembo sets up venture capital arm to invest in tech startups
MILAN (Reuters) – Premium brakes maker Brembo said on Wednesday it had set up an internal venture capital unit, called Brembo Ve..
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Irish central bank eases strict mortgage-lending limits
By Conor Humphries DUBLIN (Reuters) -Ireland’s central bank is to ease mortgage-lending limits to allow first-time property buye..
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Australia to investigate reports pilots trained Chinese military – minister
By Kirsty Needham, Jamie Freed and Lucy Craymer SYDNEY/WELLINGTON (Reuters) -Australia’s defence minister said its military was ..
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China lodges representations over alleged harassment at Manchester consulate
BEIJING (Reuters) – China’s foreign ministry, responding to a question about clashes between Hong Kong protesters and the ..
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Just Eat delivers Q3 profit as cost cuts outweigh lower order volumes
By Diana Mandia and Dagmarah Mackos (Reuters) -Just Eat Takeaway.com, Europe’s largest meal delivery company, said on Wednesday ..
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ECB to go big again on Oct. 27 with 75 bps rate hike: Reuters poll
By Jonathan Cable LONDON (Reuters) – The European Central Bank will go for another jumbo 75 basis point increase to its deposit ..
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OutThink raises $10 million to tackle human errors behind data breaches
By Juliette Portala (Reuters) – London-based cybersecurity company OutThink has raised $10 million in early-stage investments ba..
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UK regulator’s head of enforcement to step down in 2023
By Kirstin Ridley and Carolyn Cohn LONDON (Reuters) -Mark Steward, head of enforcement at Britain’s Financial Conduct Authority ..
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Data reveals companies with female CEOs are more profitable
Recent research has revealed that companies with female CEOs are more profitable than others. Pulled together by Frank Recruitm..
Business
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Oracle Cloud adding tens of thousands of Nvidia chips for AI
Oracle Cloud adding tens of thousands of Nvidia chips for AI
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) – Oracle Corp and Nvidia Corp on Tuesday announced they are expanding their partnership and adding ..
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Holcim supports resolution with U.S. regarding legacy operations in Syria
ZURICH (Reuters) – Holcim said it supported the agreement made by Lafarge SA with the United States Department of Justice on Tue..
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Tesla tops battery-electric vehicle registrations in Germany, beating Volkswagen
BERLIN (Reuters) – Tesla topped registrations of battery-electric vehicles in Germany in the first nine months of this year at n..
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Factbox-Strikes, protests in Europe over cost of living and pay
(Reuters) – European countries are facing more strikes and protests due to high energy prices and mounting costs of living. Here..
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Analysis-UK crisis forces ‘off kilter’ businesses to halt investment
By Kate Holton and James Davey LONDON (Reuters) – British company owners are pulling investments as a crisis triggered in Westmi..
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Britain’s political and market turmoil
LONDON (Reuters) – Prime Minister Liz Truss has apologised for threatening Britain’s economic stability after she was forc..
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Bond vigilantes mean business, governments better beware
(This Oct. 17 story has been refiled to add a dropped word in paragraph 2.) By Marc Jones and Yoruk Bahceli LONDON (Reuters) – T..
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Russian soft drinks maker to cut back investments, hiring over new sugar tax
MOSCOW (Reuters) – Chernogolovka, a Russian soft drinks producer hoping to seize market share as Western competitors leave, said..
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Inflation drives global firms eastward in Europe in search of cost savings
By Michael Kahn and Anna Koper PRAGUE/WARSAW (Reuters) – Central European companies that provide remote, lower-cost business ser..
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Australia, Singapore sign ‘green economy’ pact
By Lewis Jackson SYDNEY (Reuters) – Australia and Singapore agreed on Tuesday on a “green economy” deal to boost coo..
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Rio Tinto tempers annual iron ore shipments outlook as demand weakens
By Harish Sridharan (Reuters) -Rio Tinto forecast annual iron ore shipments at the lower end of its guidance on Tuesday, after third-q..
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UK’s Truss: ‘Sorry’ for the mistakes, but ‘I’m sticking around’
UK’s Truss: ‘Sorry’ for the mistakes, but ‘I’m sticking around’ LONDON (Reuters) -Britain’s ..
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YouTube expands audio and podcast advertising for brands
By Sheila Dang (Reuters) – Alphabet Inc’s YouTube will expand ways for advertisers to reach music and podcast listeners an..
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Visa, Mastercard under fresh FTC investigation over debit card routing – WSJ
(Reuters) – The U.S. Federal Trade Commission is investigating whether Visa Inc and Mastercard Inc’s security tokens restr..
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Goldman plans major reorganization to combine key units -sources
By Pamela Barbaglia, Saeed Azhar and Lananh Nguyen LONDON/NEW YORK (Reuters) – Goldman Sachs is planning a major reorganization ..
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Q&A: Interview with Evgeniy Chuikov from EasyTip
Tell us more about EasyTip, how did the idea come about? Giving a gratuity has been a long-standing tradition..
Business
Stellantis CEO calls for talks to soften EU’s 2035 fossil-fuel car ban
By Gilles Guillaume PARIS (Reuters) – The European Union’s proposed 2035 ban on fossil-fuel cars should be renegotiated to..
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Britain’s political and market turmoil
LONDON (Reuters) – New finance minister Jeremy Hunt scrapped Prime Minister Liz Truss’s Sept. 23 mini-budget and scaled ba..
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UK consumer industries warn curbing energy support will hit demand
LONDON (Reuters) – The mood among Britain’s beleaguered retail and hospitality industries darkened on Monday on fears new ..
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Britain’s financial system under stress amid market turmoil -analysts
By Iain Withers and Lawrence White LONDON (Reuters) -Britain’s banks and financial firms face deepening stress from rising fundi..
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Market turmoil a boon for trend-following hedge funds
By Nell Mackenzie (Reuters) – Trend-following hedge funds are capitalising on market disruption and geopolitical unrest, with fu..
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Bank of England publishes rules for energy firms’ liquidity tool
LONDON (Reuters) – The Bank of England published on Monday the rules for energy firms seeking to use a new liquidity tool design..
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UK finance minister Hunt to make statement at 1000 GMT – source
LONDON (Reuters) – British finance minister Jeremy Hunt will make a statement at 1000 GMT, a source in Prime Minister Liz Truss&..
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ITV shares jump on reports it could sell stake in production arm
LONDON (Reuters) – Shares in ITV jumped 7% in early deals on Monday, lifted by a Financial Times report that it is considering s..
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