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 ..
News
All Posts
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..
News
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 billi..
News
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..
News
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 “concluded̶..
News
UK employers plan smaller pay rises for 2024: CIPD
By David Milliken LONDON (Reuters) – British employers plan smaller pay rises over the coming year than they did three months a..
News
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 poste..
News
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 stock..
News
Iceland volcano erupts again, molten rocks spew from fissures
OSLO (Reuters) -A volcano erupted on Thursday in southwest Iceland for the second time this year, the country’s meteorological ..
News
SoftBank posts first profit in five quarters with $6.6 billion net income
By Anton Bridge TOKYO (Reuters) -Japan’s SoftBank Group returned to profit for the first time in five quarters on Thursday, as ..
News
Swisscom profit rises on Fastweb growth, declines comment on Vodafone talks
By Mateusz Dobrzyniewski and Anastasiia Kozlova (Reuters) -Swisscom met expectations with a 4.9% rise in full-year core profit on Thu..
News
Vontobel to take additional cost-cutting measures as profit falls
ZURICH (Reuters) -Vontobel Holding saw its full-year net profit fall 6.5%, the Swiss private bank and asset manager said on Thursday,..
News
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 ..
News
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 H..
News
Britain extends tariff-free trade with Ukraine to 2029
LONDON (Reuters) – Britain on Thursday said it would extend tariff-free trade with Ukraine on almost all goods until 2029, givi..
News
UK’s Labour to back out of 28 billion stg green pledge -BBC
(Reuters) – Britain’s opposition Labour Party will back out of its 28 billion pound ($35.34 billion) policy pledge that s..
News
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 usersR..
News
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..
News
Equinor trims cash payouts, share price drops 7%
LONDON (Reuters) – Equinor said on Wednesday it would cut its overall cash returns to shareholders this year by $3 billion, send..
News
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..
News
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..
News
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 ..
News
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..
News
Aircraft lessor DAE expects further Boeing delays
(Reuters) – A production cap and recent incidents with Boeing’s 737 MAX aircraft will “undoubtedly” impede the..
News
Gucci’s new designer in focus as Kering plots future growth
By Mimosa Spencer and Elisa Anzolin PARIS/MILAN (Reuters) – Investors will be looking to see if Gucci’s new creative di..
News
Siemens investors call for further unbundling of the group
By John Revill ZURICH (Reuters) – Two of Siemens’s largest investors have called for the German engineering group to si..
News
Time is right to step up investment, Sainsbury’s CEO says
LONDON (Reuters) – British supermarket Sainsbury’s believes that having improved its financial performance over the last ..
News
Long and tedious journey’: companies sour on China outlook
By Helen Reid, Emma Rumney and Ananya Mariam Rajesh (Reuters) – Some of the world’s top food, drinks and tech companies h..
News
German industrial output falls more than expected in December
By Maria Martinez (Reuters) -German industrial production fell more than expected in December, the federal statistics office said on ..
News
Telenor Q4 core profit in line with expectations
OSLO (Reuters) -Norwegian telecoms operator Telenor on Wednesday reported fourth-quarter core operating earnings in line with expecta..
News
Snap misses revenue estimate, shares plunge 30%
By Sheila Dang (Reuters) -Snap missed Wall Street estimates for quarterly revenue on Tuesday, as the Snapchat owner continued to stru..
News
New Zealand labour pressures ease slightly, jobs market still tight
New Zealand labour pressures ease slightly, jobs market still tight By Lucy Craymer WELLINGTON (Reuters) -New Zealand labour pressures..
News
Wind power outpaced gas plants in Europe for the first time in 2023 – Ember
By Susanna Twidale LONDON (Reuters) – Wind power production outpaced gas plants in Europe for the first time last year as fossi..
News
Germany’s KfW bank sells 50 million Deutsche Post shares
By Emma-Victoria Farr FRANKFURT (Reuters) -Germany’s state-owned KfW bank on Tuesday launched the placement of 50 million share..
News
UBS resumes buybacks, seeks more cost savings from Credit Suisse takeover
By Noele Illien ZURICH (Reuters) -UBS said on Tuesday it would restart share buybacks and find $3 billion more in cost savings from i..
News
Aston Martin is hunting for a new CEO – Bloomberg News
(Reuters) – British luxury carmaker Aston Martin is reaching out to current and former heads of automakers to succeed Amedeo Fe..
News
China’s exchanges restrict stock selling by some hedge funds
SHANGHAI/BEIJING (Reuters) – China’s stock exchanges are restricting share selling by some hedge funds, four fund manager..
News