FTSE 100 closes higher on earnings boost
By Pranav Kashyap (Reuters) -London’s blue-chip stock index edged higher on Thursday, buoyed by upbeat corporate earnings..
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Allianz weighs options for AllianzGI unit, sources say
By Amy-Jo Crowley, Alexander Hübner, Andres Gonzalez and Anousha Sakoui LONDON (Reuters) – Allianz is weighing options fo..
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ECB hawks push back against bets on more and bigger cuts
By Balazs Koranyi WASHINGTON (Reuters) -Three European Central Bank officials tried to cool market speculation on bigger intere..
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Europe struggling to meet offshore wind targets, industry heads and lawmakers say
By Jacob Gronholt-Pedersen and Stine Jacobsen ODENSE, Denmark (Reuters) – Europe is falling behind its own ambitious targ..
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Global commercial insurance rates show first quarterly fall in seven years, Marsh says
LONDON (Reuters) – Global commercial insurance rates fell 1% in the third quarter of 2024, the first quarterly decline re..
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Italgas posts third-quarter core profit up 10.9% ahead of 2i Rete Gas acquisition
(Reuters) -Europe’s biggest gas distributor Italgas on Thursday reported 10.9% growth in third-quarter adjusted core earn..
Business
Harry Potter publisher Bloomsbury tracks ahead of FY24-25 expectations on fantasy-fiction demand
(Reuters) -UK’s Bloomsbury Publishing on Thursday said trading in fiscal year 2024-2025 will be ahead of current expectat..
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IBM misses third-quarter revenue estimates as consulting drags; shares fall
By Arsheeya Bajwa (Reuters) -International Business Machines missed analysts’ estimates for third-quarter revenue on Wedn..
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Wolfspeed shelves plans to build chip factory in Germany
(Reuters) -Wolfspeed has shelved plans to build a semiconductor factory in Ensdorf, Germany, due to slower electric vehicle ado..
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IMF says UK should shield investment while curbing debt
By David Lawder and David Milliken WASHINGTON (Reuters) -Britain should bring public debt under control in a way that preserves..
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Mike Ashley’s Frasers drops plan to buy luxury brand Mulberry
(Reuters) -British sportswear and apparel retailer Frasers Group walked away from its attempts to buy Mulberry on Wednesday, ci..
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French bond investors brace for Moody’s rating review
By Stefano Rebaudo (Reuters) – Rating agency Moody’s will review France’s sovereign rating on Friday in what ..
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Euro zone consumer confidence rises to -12.5 in October
(Reuters) – Euro zone consumer confidence rose by 0.4 points in October from the September number, figures released on We..
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Air Liquide confirms full-year targets after in-line quarter
By Olivier Cherfan (Reuters) -French industrial gases supplier Air Liquide reported third-quarter revenue in line with market e..
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Goldman sees oil prices holding around $76/bbl in 2025 on ample supply
(Reuters) – Goldman Sachs expects oil prices to average $76 a barrel in 2025 based on a moderate crude surplus and spare ..
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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..
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OpenAI hires ex-White House official as chief economist
(Reuters) – ChatGPT parent OpenAI has tapped former White House official Aaron Chatterji as its first chief economist to ..
Technology
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..
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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..
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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..
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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..
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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..
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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..
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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 ..
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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..
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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..
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Gold’s allure spreads as bulls lock in on fresh records
By Polina Devitt and Swati Verma LONDON (Reuters) – Gold is extending a period of successive record highs, moving the psy..
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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..
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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..
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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, ..
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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..
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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..
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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...
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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..
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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..
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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..
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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..
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