Deliveroo keeps annual guidance as quarterly revenue rises
LONDON (Reuters) – Meal delivery group Deliveroo maintained its full-year financial guidance on Thursday, as it reported a 5% r..
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Nokia to cut up to 14,000 jobs after sales drop a fifth
By Supantha Mukherjee STOCKHOLM (Reuters) -Finnish telecom gear group Nokia said on Thursday it would cut up to 14,000 jobs in a new ..
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Nestle misses nine-month sales estimates, expects volume upturn by year-end
Nestle misses nine-month sales estimates, expects volume upturn by year-end
By Richa Naidu LONDON (Reuters) -Nestle posted lower-than-expected nine-month sales growth on Thursday as higher product prices made shoppers balk, b..
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Explainer-Scotland’s “kilt” bonds – how might the debt plan work?
LONDON (Reuters) – Scotland’s pro-independence government plans to sell bonds in international debt markets for the first..
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Exclusive-G7 to discuss four versions of Russian diamond ban this week- sources
By Julia Payne BRUSSELS (Reuters) – G7 countries will this week discuss four plans to ban Russian diamonds from G7 markets from..
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Oil up about 2% on big US crude storage draw, Middle East tension
By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 2% to a two-week high on Wednesday on a bigger-than-expected U.S. stor..
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Britain aims for global leadership role with AI safety summit
By Martin Coulter LONDON (Reuters) – Britain will host the world’s first global artificial intelligence (AI) safety summi..
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ECB starts preparation for digital euro in multi-year project
By Francesco Canepa FRANKFURT (Reuters) – The European Central Bank took a further step on Wednesday towards launching a digi..
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ASML warns of flat 2024 sales as chipmakers slow orders
By Toby Sterling AMSTERDAM (Reuters) – Semiconductor equipment maker ASML Holding NV reported lower-than-expected orders on Wed..
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China’s Nio considers tapping dealers to boost EV sales in Europe – sources
SHANGHAI (Reuters) -Chinese electric vehicle maker Nio is considering building a dealer network in Europe to speed up sales growth, t..
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CVC looking at Nexi but no bid in the works-source
By Elisa Anzolin and Valentina Za MILAN (Reuters) -A potential deal targeting Italian payments group Nexi is one of several options b..
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Ericsson says telecoms uncertainty to persist into 2024, shares fall
By Supantha Mukherjee STOCKHOLM (Reuters) -Ericsson on Tuesday said it expected the uncertainty impacting its mobile networks busines..
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Automakers blast US plan to hike fuel efficiency rules
By David Shepardson WASHINGTON (Reuters) -A group representing General Motors, Toyota Motor, Volkswagen and nearly all other major au..
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FTSE 100 climbs on pharma boost, UK CPI in focus
By Khushi Singh and Bansari Mayur Kamdar (Reuters) -Britain’s FTSE 100 rose on Tuesday after latest figures showing a weakening..
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Exclusive-Brookfield weighs move into UK pension insurance market -sources
By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Iain Withers (Reuters) -Brookfield, through its affiliate Brookfield Reinsurance, is weig..
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Four-day work week boosts Spanish workers’ health, pilot programme shows
MADRID (Reuters) – Four-day work weeks improved Spanish workers’ health such as by lowering stress while reducing fuel em..
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European shares slip amid downbeat earnings reports; UK stocks outperform
By Amruta Khandekar and Shristi Achar A (Reuters) -European stocks edged lower on Tuesday as a slew of downbeat earnings and higher g..
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Oil prices edge higher ahead of Biden Middle East trip
By Nicole Jao NEW YORK (Reuters) – Oil prices edged higher on Tuesday ahead of a trip by U.S. President Joe Biden to the Middle..
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Vitol to spend half of its capex on low-carbon, renewables -CEO
LONDON (Reuters) – The world’s top independent energy trader Vitol will invest around half of its $2 billion capital expen..
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Volkswagen picks firm for Xinjiang site labour audit -sources
SHANGHAI/FRANKFURT/BERLIN (Reuters) – Volkswagen has found a company to conduct a labour audit at a site in Xinjiang, China, wh..
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Poland, EU’s biggest poultry producer, reports bird flu outbreak
PARIS (Reuters) -Poland, the European Union’s largest poultry producer, has reported an outbreak of the highly contagious H5N1 ..
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EU Commission proposes measures to curb microplastic pollution from pellets
By Marine Strauss and Julia Payne BRUSSELS (Reuters) -The European Commission proposed measures on Monday to prevent microplastic pol..
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How does Bitcoin work
What is Bitcoin: Bitcoin is a digital currency that enables peer-to-peer transactions without the need for intermediaries like ba..
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Global smartphone market slumps to lowest Q3 level in decade – Counterpoint
(Reuters) – The global smartphone market contracted by 8% to its lowest third-quarter level in a decade on subdued demand for m..
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Britain pulls rules aimed at applying lessons from Carillion, BHS, collapses
By Huw Jones LONDON (Reuters) – Britain on Monday unexpectedly scrapped “burdensome” draft rules is has already put..
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Dollar gains against yen, eases against euro
By Karen Brettell NEW YORK (Reuters) – The dollar was mixed on Monday before a week heavy with speeches by Federal Reserve offi..
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Pfizer’s foggy COVID outlook hits vaccine maker shares
By Michael Erman and Manas Mishra (Reuters) -Pfizer on Monday set off a fresh round of concern about the size of the COVID-19 vaccine..
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Italy unveils tax-cutting 2024 budget amid debt worries
By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Italy’s government on Monday approved a budget for next year with measures wo..
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Bank of England considers changes to regulation of foreign bank branches
By Huw Jones LONDON (Reuters) -The Bank of England said on Monday it was thinking about possible changes to how it regulates branches..
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Oil fall below $90 a barrel on report of US-Venezuela deal
HOUSTON (Reuters) -Oil futures fell on Monday on a report the U.S. and Venezuela could soon reach a deal to ease sanctions on Venezuel..
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As global debt worries mount, is another crisis brewing?
By Yoruk Bahceli, Dhara Ranasinghe and Maria Martinez LONDON (Reuters) – Record debts, high interest rates, the costs of climat..
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Wall Street rallies, Treasury yields rise as high profile earnings loom
By Stephen Culp NEW YORK (Reuters) – Wall Street rebounded from Friday’s selloff and benchmark Treasury yields rose as in..
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Tesla earnings: investors watching margins, deliveries, self-driving
By Akash Sriram (Reuters) – Tesla’s margins are likely to drop in the third quarter and take a bigger hit in the last thr..
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BioNTech warns of write-off of up to 900 million euros on COVID vaccine
By Ludwig Burger BERLIN (Reuters) – Shares in Germany’s BioNTech fell on Monday after it flagged write-downs of up to 900..
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Bayer to introduce its direct-seeded rice system in the Philippines
MANILA (Reuters) – Bayer AG said on Monday it plans to bring its direct-seeded rice programme to the Philippines in 2024, offer..
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Polish stocks rise in first session after parliamentary election
GDANSK (Reuters) – Polish stocks rallied on Monday after the ruling nationalists looked to have fallen short of a parliamentary ..
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Atos Chairman Meunier steps down amid shareholders’ uproar
(Reuters) – Atos Chairman Bertrand Meunier has stepped down, the French IT consulting group said on Monday, following an uproar..
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