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L’Occitane’s billionaire owner decides against deal to take company private

L’Occitane’s billionaire owner decides against deal to take company private

By Rishav Chatterjee (Reuters) – Hong Kong-listed skincare specialist L’Occitane International SA said on Monday its cont..

Hundreds more UK school buildings could be crumbling, says minister

Hundreds more UK school buildings could be crumbling, says minister

By Sachin Ravikumar LONDON (Reuters) -Hundreds more school buildings in England might be crumbling and unsafe, Britain’s Educat..

Factbox-What is the G20 and what are the key issues for the 2023 summit?

Factbox-What is the G20 and what are the key issues for the 2023 summit?

NEW DELHI (Reuters) – Leaders of the world’s richest and most powerful countries will attend the two-day G20 Summit in In..

Taiwan to restore power after Typhoon Haikui batters island

Taiwan to restore power after Typhoon Haikui batters island

TAIPEI (Reuters) -Taiwan expects to restore power supply by late on Monday to thousands of homes cut off by Typhoon Haikui in the isl..

Sustainability takes back seat in auto industry sourcing decisions – survey

Sustainability takes back seat in auto industry sourcing decisions – survey

By Victoria Waldersee BERLIN (Reuters) – Automakers and suppliers are deprioritising sustainability initiatives in their sourci..

Novo Nordisk launches weight-loss drug Wegovy in Britain

Novo Nordisk launches weight-loss drug Wegovy in Britain

By Maggie Fick LONDON (Reuters) -Novo Nordisk launched its weight-loss injection Wegovy in Britain on Monday, its second debut in Eur..

Bosch expects sales in core mobility division to grow 10% in 2023

Bosch expects sales in core mobility division to grow 10% in 2023

FRANKFURT (Reuters) – Bosch, the world’s top automotive supplier, expects sales at its mobility business division to grow..

Nestle divests peanut allergy business Palforzia

Nestle divests peanut allergy business Palforzia

ZURICH (Reuters) – Nestle has divested its peanut allergy treatment business Palforzia, the Swiss food company said on Monday, ..

Oil inches higher on OPEC+ supply cut expectations

Oil inches higher on OPEC+ supply cut expectations

By Mohi Narayan NEW DELHI (Reuters) – Oil prices edged higher on Monday, supported by expectations that major producers will ke..

Mercedes boss: EV costs will remain higher for foreseeable future

Mercedes boss: EV costs will remain higher for foreseeable future

MUNICH (Reuters) – The variable costs for producing electric vehicles will remain higher compared to combustion engine models f..

Czech Finance Ministry proposes 2024 state budget with $11.3 billion deficit

Czech Finance Ministry proposes 2024 state budget with $11.3 billion deficit

PRAGUE (Reuters) – The Czech Finance Ministry has proposed a 2024 central state budget with a 252 billion crown ($11.36 billion..

Cybercrime to cost Germany 206 billion euros in 2023 -survey

Cybercrime to cost Germany 206 billion euros in 2023 -survey

BERLIN (Reuters) -The theft of IT equipment and data, as well as digital and industrial espionage and sabotage, will cost Germany 206 ..

Why is Huawei’s new smartphone generating so much buzz?

Why is Huawei’s new smartphone generating so much buzz?

SHENZHEN, China (Reuters) -The surprise launch of the latest high-end smartphone from Chinese tech giant Huawei Technologies has trig..

UK statistics office revises up strength of post-COVID bounce back

UK statistics office revises up strength of post-COVID bounce back

By David Milliken LONDON (Reuters) -Britain’s statistics office has sharply revised up its estimate for the size of the economy..

NatWest appoints former Nationwide CFO to its UK bank board

NatWest appoints former Nationwide CFO to its UK bank board

LONDON (Reuters) – NatWest has appointed Mark Rennison, a former Nationwide Building Society Chief Financial Officer, to the bo..

Airline SAS to boost capacity after first quarterly profit since 2019

Airline SAS to boost capacity after first quarterly profit since 2019

By Marie Mannes STOCKHOLM (Reuters) -Scandinavian airline SAS plans to ramp-up winter capacity this year, the company said on Friday ..

British home prices to fall 4% in 2023 as borrowing costs bite – Reuters poll

British home prices to fall 4% in 2023 as borrowing costs bite – Reuters poll

By Jonathan Cable LONDON (Reuters) – British home prices will fall 4% this year, more than was thought a few months ago, as hig..

Dollar set for weekly loss as crucial US jobs data looms

Dollar set for weekly loss as crucial US jobs data looms

By Kevin Buckland TOKYO (Reuters) – The dollar was on course to snap a six-week winning streak against major peers on Friday, a..

Swiss takeover board rules NewGAMe’s partial offer for GAM shares complies with rules

Swiss takeover board rules NewGAMe’s partial offer for GAM shares complies with rules

(Reuters) – Switzerland’s takeover board has ruled that a partial offer for up to 28 million shares of GAM Holding by an ..

Dell raises full-year forecasts on AI strength, demand recovery

Dell raises full-year forecasts on AI strength, demand recovery

By Zaheer Kachwala (Reuters) – Dell Technologies raised its full-year forecast for revenue and profit on Thursday, as it benefi..

French data watchdog carries out ‘checks’ at Worldcoin Paris office

French data watchdog carries out ‘checks’ at Worldcoin Paris office

By Sudip Kar-Gupta and Martin Coulter PARIS (Reuters) -France’s data watchdog carried out “checks” at WorldcoinR..

StanChart CFO Halford to retire, hires former BofA senior banker

StanChart CFO Halford to retire, hires former BofA senior banker

(Reuters) -Standard Chartered said on Thursday Andy Halford has decided to retire as chief financial officer, with former Bank of Ame..

UK business optimism at 18-month high on hopes for rate hike pause

UK business optimism at 18-month high on hopes for rate hike pause

LONDON (Reuters) – British companies are their most confident since before Russia’s invasion of Ukraine, according to a s..

UK’s car output continues growth streak for six months in July- SMMT

UK’s car output continues growth streak for six months in July- SMMT

(Reuters) – Britain’s car production rose for the sixth consecutive month in July as automakers continued to recover from..

How AI is Transforming the Gaming Industry As We Know It

How AI is Transforming the Gaming Industry As We Know It

By by Rashid Mansoor, CEO of MetaGravity Gaming – a realm we’ve cherished from the pixelated paddles of Pong to the vast ..

French prices to stay high till March -Les Mousquetaires grocery chain

French prices to stay high till March -Les Mousquetaires grocery chain

PARIS (Reuters) -Retail prices in France will not fall significantly before March, the boss of supermarkets group Les Mousquetaires s..

European car sales rise 15% in July, EVs up nearly 61%

European car sales rise 15% in July, EVs up nearly 61%

LONDON (Reuters) – European new car registrations jumped 15.2% in July, the 12th consecutive month of growth as the auto indust..

Australia’s Orora confirms talks to buy French glass bottles maker Saverglass

Australia’s Orora confirms talks to buy French glass bottles maker Saverglass

(Reuters) – Australian packaging firm Orora Ltd confirmed on Wednesday it was in advanced discussions regarding a potential acq..

England to rollout world-first seven-minute cancer treatment jab

England to rollout world-first seven-minute cancer treatment jab

(Reuters) – Britain’s state-run national health service will be the first in the world to offer an injection that treats ..

Oil rises 1% on softer dollar, US braces for hurricane hit

Oil rises 1% on softer dollar, US braces for hurricane hit

By Shariq Khan BENGALURU (Reuters) -Oil prices rallied more than a dollar a barrel on Tuesday as the greenback slid, while investors ..

Russia’s Rosneft shows H1 net income at 652 billion rbls

Russia’s Rosneft shows H1 net income at 652 billion rbls

MOSCOW (Reuters) – Russia’s largest oil producer Rosneft said on Tuesday its January to June net income reached 652 billio..

World shares rally as China offers markets a hand

World shares rally as China offers markets a hand

By Nell Mackenzie and Amanda Cooper LONDON (Reuters) -U.S. stocks were set to open higher on Monday after China announced measures to..

Thyssenkrupp’s Nucera targets growth to meet green hydrogen demand

Thyssenkrupp’s Nucera targets growth to meet green hydrogen demand

By Rachel More and Tom Käckenhoff BERLIN (Reuters) – Thyssenkrupp Nucera laid out growth plans on Monday after reporting strong..

Paralympics-Paris 2024 eyes sell-out crowds to beat London record – IPC

Paralympics-Paris 2024 eyes sell-out crowds to beat London record – IPC

By Karolos Grohmann (Reuters) – The Paris 2024 Paralympics aim to sell every one of the 2.8 million tickets before the global e..

How IoT-powered tracking tech is reshaping supply chains and payments

How IoT-powered tracking tech is reshaping supply chains and payments

By Sam Colley, CEO, Pod Group In today’s fast-paced global economy, companies are constantly seeking innovative solutions to ac..

What is high frequency trading

What is high frequency trading

High-Frequency Trading (HFT) has revolutionized financial markets, propelling the adoption of automated trading strategies that levera..

Analysis-Nvidia’s $25 billion buyback ‘a head-scratcher’ for some shareholders

Analysis-Nvidia’s $25 billion buyback ‘a head-scratcher’ for some shareholders

NEW YORK (Reuters) – Nvidia’s move to buy back $25 billion of its shares after its stock has more than tripled this year c..