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..
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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..
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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..
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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..
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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..
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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..
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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..
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Nestle divests peanut allergy business Palforzia
ZURICH (Reuters) – Nestle has divested its peanut allergy treatment business Palforzia, the Swiss food company said on Monday, ..
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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..
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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..
Technology
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..
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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 ..
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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..
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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..
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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..
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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 ..
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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..
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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..
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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 ..
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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..
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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..
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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..
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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..
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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..
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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 ..
Technology
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..
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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..
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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..
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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 ..
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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 ..
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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..
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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..
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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..
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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..
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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..
Technology
What is high frequency trading
High-Frequency Trading (HFT) has revolutionized financial markets, propelling the adoption of automated trading strategies that levera..
Trading
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..
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