Business

Britain’s Tesco lifts profit outlook after strong first half

Britain’s Tesco lifts profit outlook after strong first half

By James Davey LONDON (Reuters) -Tesco, Britain’s biggest supermarket group, l..

Britain’s Tesco lifts annual profit forecast after strong first half

Britain’s Tesco lifts annual profit forecast after strong first half

  By James Davey LONDON (Reuters) -Tesco, Britain’s biggest supermarket g..

Euro area long-dated yields rise after sharp drop, geopolitics in focus

Euro area long-dated yields rise after sharp drop, geopolitics in focus

By Stefano Rebaudo (Reuters) – Euro area government bond yields rose on Wedn..

Sainsbury’s boss looks to UK budget to lift spending gloom

Sainsbury’s boss looks to UK budget to lift spending gloom

By James Davey COBHAM, England (Reuters) – Britons bruised by a cost of living..

Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say

Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say

  (Reuters) – TikTok’s Chinese parent ByteDance plans to develop an..

Exclusive-Ubisoft activist investor says it has support of 10% of shareholders in management tussle

Exclusive-Ubisoft activist investor says it has support of 10% of shareholders in management tussle

  By Zaheer Kachwala (Reuters) – An activist investor pushing for a sale ..

Nike veteran Hill to replace Donahoe as CEO; shares jump

Nike veteran Hill to replace Donahoe as CEO; shares jump

By Juveria Tabassum, Nicholas P. Brown (Reuters) -Nike said on Thursday that former ..

Nike’s next CEO Hill brings a bootstraps mentality

Nike’s next CEO Hill brings a bootstraps mentality

By Nicholas P. Brown (Reuters) – Elliott Hill started at Nike as an intern i..

UK supermarket sales growth slows after summer holidays

UK supermarket sales growth slows after summer holidays

LONDON (Reuters) – British supermarket sales growth slowed over the last month..

French millers face long grind as rain-hit wheat harvest comes in

French millers face long grind as rain-hit wheat harvest comes in

PARIS (Reuters) – Flour mills in France are facing higher costs and a long sea..

UK’s Asda says retail veteran Stuart Rose to lead business

UK’s Asda says retail veteran Stuart Rose to lead business

  By James Davey LONDON (Reuters) -British supermarket group Asda, which has be..

BP to sell its US onshore wind business

BP to sell its US onshore wind business

(Reuters) -BP plans to sell its U.S. onshore wind energy business, it announced on M..

Central Europe factories and retailers shut in flood-hit areas

Central Europe factories and retailers shut in flood-hit areas

By Jan Lopatka PRAGUE (Reuters) -Factories and stores across central Europe shut dow..

UK’s Domino’s Pizza plans to hire 5,000 staff ahead of peak holiday season

UK’s Domino’s Pizza plans to hire 5,000 staff ahead of peak holiday season

  (Reuters) – Britain’s Domino’s Pizza Group said on Monday t..

US locks in steep China tariff hikes, many to start Sept. 27

US locks in steep China tariff hikes, many to start Sept. 27

By David Lawder (Reuters) -The Biden administration on Friday locked in steep tariff..

Zara to offer its secondhand clothes service in US by October

Zara to offer its secondhand clothes service in US by October

MADRID (Reuters) – Zara will offer its service for selling, repairing or donat..

Scotland’s only oil refinery to close next year, 400 jobs to go

Scotland’s only oil refinery to close next year, 400 jobs to go

By Ron Bousso and Robert Harvey LONDON (Reuters) -Grangemouth, Scotland’s only..

Zara owner Inditex sees early autumn sales perk up after summer slowdown

Zara owner Inditex sees early autumn sales perk up after summer slowdown

By Corina Pons MADRID (Reuters) -Zara owner Inditex reported a jump in sales of its ..

Services’ grip on UK economy tightens as manufacturing share ebbs further

Services’ grip on UK economy tightens as manufacturing share ebbs further

By Andy Bruce (Reuters) – Britain’s shift towards a services-dominated e..

Etihad Airways plans IPO no earlier than 2025, sources say

Etihad Airways plans IPO no earlier than 2025, sources say

By Hadeel Al Sayegh, Andres Gonzalez and Federico Maccioni DUBAI/LONDON (Reuters) -A..

Key events at Nike under CEO John Donahoe

Key events at Nike under CEO John Donahoe

(Reuters) – Nike will hold its annual meeting virtually on Tuesday and a key i..

Retail, consumer CEOs see shorter tenures as boards act more quickly

Retail, consumer CEOs see shorter tenures as boards act more quickly

By Svea Herbst-Bayliss and Richa Naidu NEW YORK/LONDON (Reuters) – When two of..

UK pay growth cools, keeping BoE on track for another rate cut

UK pay growth cools, keeping BoE on track for another rate cut

By Andy Bruce and Suban Abdulla LONDON (Reuters) -British pay growth cooled in the t..

Aldi UK says shoppers trading up as inflation eases

Aldi UK says shoppers trading up as inflation eases

By Paul Sandle LONDON (Reuters) -Supermarket group Aldi UK said its prices this summ..

South Africa’s SPAR sells Polish business to Specjal

South Africa’s SPAR sells Polish business to Specjal

  JOHANNESBURG (Reuters) – South Africa’s second-biggest grocery gr..

Malaysia central bank to hold rates at 3.0% until at least 2026: Reuters poll

Malaysia central bank to hold rates at 3.0% until at least 2026: Reuters poll

  By Pranoy Krishna BENGALURU (Reuters) – Bank Negara Malaysia (BNM) will..

BMW worldwide recalling Mini Cooper SE electric models, company says

BMW worldwide recalling Mini Cooper SE electric models, company says

  BERLIN (Reuters) -German automaker BMW is recalling electric Mini Cooper SE v..

Lowest euro zone inflation in 3 years sets up ECB for cut

Lowest euro zone inflation in 3 years sets up ECB for cut

By Francesco Canepa and Balazs Koranyi FRANKFURT/TALLINN (Reuters) -Inflation in the..

Uber invests in UK startup Wayve to speed up self-driving projects

Uber invests in UK startup Wayve to speed up self-driving projects

By Nick Carey LONDON (Reuters) – Ride-hailing platform Uber will invest in Way..

UK’s Sainsbury’s agrees deal to acquire 10 Homebase stores

UK’s Sainsbury’s agrees deal to acquire 10 Homebase stores

  LONDON (Reuters) – Britain’s second-largest supermarket group, Sa..

Europe shrugs off Nvidia chill to eye record high

Europe shrugs off Nvidia chill to eye record high

By Chibuike Oguh NEW YORK (Reuters) -Global shares edged higher on Thursday, shruggi..

Iliad meets goal to become Europe’s 5th largest telecoms operator

Iliad meets goal to become Europe’s 5th largest telecoms operator

  By Gianluca Lo Nostro and Stephanie Hamel (Reuters) -France’s Iliad sai..

HMD launches Barbie phone in partnership with Mattel

HMD launches Barbie phone in partnership with Mattel

  STOCKHOLM (Reuters) – HMD Global, which makes Nokia-branded phones, sai..

UK shop prices dip for first time in nearly 3 years, survey shows

UK shop prices dip for first time in nearly 3 years, survey shows

  (Reuters) – British shop prices fell in annual terms this month for the..

Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance

Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance

  By Arathy Somasekhar HOUSTON (Reuters) -Oil major Shell on Monday said it pla..

Pay gap between bosses and ordinary workers widens in Switzerland

Pay gap between bosses and ordinary workers widens in Switzerland

ZURICH (Reuters) -The gap between the highest- and lowest-paid workers in Switzerlan..

Analysis-Darkening global outlook, central bank pivots signal more turbulence

Analysis-Darkening global outlook, central bank pivots signal more turbulence

  By Leika Kihara, Howard Schneider and Balazs Koranyi JACKSON HOLE, Wyoming (R..