News

Germany reports outbreak of H5N1 bird flu on a farm

Germany reports outbreak of H5N1 bird flu on a farm

  PARIS (Reuters) – Germany reported an outbreak of highly pathogenic H5N1 bird flu on a farm in the eastern region of Saxo..

SoftBank to invest $500 million in OpenAI, The Information reports

SoftBank to invest $500 million in OpenAI, The Information reports

  (Reuters) – Japanese telecom company SoftBank’s Vision Fund will invest $500 million in OpenAI’s latest fundi..

Big banks add October cut to ECB forecasts

Big banks add October cut to ECB forecasts

  LONDON (Reuters) -Major brokerages, including Goldman Sachs and JPMorgan, now expect the European Central Bank to deliver a qua..

Thailand’s Central Group takes over Swiss department stores Globus

Thailand’s Central Group takes over Swiss department stores Globus

  BERLIN (Reuters) – Thai retail and property conglomerate Central Group said on Monday it will take over the operational b..

Labour’s move to tax private education leaves Britain divided

Labour’s move to tax private education leaves Britain divided

  By Sarah Young MALVERN, England (Reuters) – Mark Manwaring-White, 67, had been hoping to retire but a policy introduced b..

Grifols plans to invest $402 million in new industrial centre, El Economista says

Grifols plans to invest $402 million in new industrial centre, El Economista says

  (Reuters) – Spanish drugmaker Grifols plans to invest 360 million euros ($401.98 million) to build a new industrial plant..

UK business confidence falls from eight-year high, Lloyds says

UK business confidence falls from eight-year high, Lloyds says

  By David Milliken LONDON (Reuters) – British business confidence ebbed slightly this month after reaching an eight-year h..

Spotify back up after outage hits over 40,000 users

Spotify back up after outage hits over 40,000 users

  -“Everything’s looking much better now!” Spotify said in a post on social media platform X. Spotify did not i..

Oil steady but on track for weekly drop on firmer supply outlook

Oil steady but on track for weekly drop on firmer supply outlook

  By Paul Carsten LONDON (Reuters) -Oil prices held on Friday but remained on track for a weekly fall as investors weighed expect..

Moncler CEO strengthens grip on company with LVMH deal

Moncler CEO strengthens grip on company with LVMH deal

  By Elisa Anzolin and Mimosa Spencer MILAN/PARIS (Reuters) -Moncler’s Chairman and CEO Remo Ruffini is tightening his cont..

Aeffe sells ‘Moschino’ brand for perfumes to Euroitalia

Aeffe sells ‘Moschino’ brand for perfumes to Euroitalia

  MILAN (Reuters) – Italian fashion group Aeffe has agreed to transfer the ownership of its ‘Moschino’ brand in..

Exclusive-African countries eye world’s first joint ‘debt-for-nature’ swap

Exclusive-African countries eye world’s first joint ‘debt-for-nature’ swap

  LONDON (Reuters) – At least five African countries are working on what could be the world’s first joint “debt..

UK’s FTSE 100 closes slightly up as falling energy shares offset China-driven rally

UK’s FTSE 100 closes slightly up as falling energy shares offset China-driven rally

  By Lisa Pauline Mattackal and Shashwat Chauhan (Reuters) -UK’s FTSE 100 closed up on Thursday, though lagging its Europea..

Discounter Pepco’s sales hurt by supply chain disruption

Discounter Pepco’s sales hurt by supply chain disruption

  By James Davey LONDON (Reuters) -European discount retailer Pepco Group said its fourth-quarter underlying revenue was lower th..

Dollar firm following sharp rebound as Fed speakers eyed

Dollar firm following sharp rebound as Fed speakers eyed

  By Kevin Buckland TOKYO (Reuters) – The dollar held firm on Thursday following its sharpest rally since early June as tra..

Polish fashion retailer LPP confirms annual revenue goal of up to $5.5 billion

Polish fashion retailer LPP confirms annual revenue goal of up to $5.5 billion

  GDANSK (Reuters) – Poland’s largest apparel retailer LPP confirmed its full-year revenue target of 20-21 billion zl..

UniCredit starts process to bring life insurance business in house

UniCredit starts process to bring life insurance business in house

  MILAN (Reuters) – UniCredit has told Allianz and CNP Assurances that it will buy their stakes in the life insurance joint..

European shares end marginally lower as energy stocks drop

European shares end marginally lower as energy stocks drop

  By Pranav Kashyap and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 closed slightly lower on Wednesday as energy stocks ..

Fonterra’s annual profit falls 25%; shares rise on dividend declaration

Fonterra’s annual profit falls 25%; shares rise on dividend declaration

  By Rajasik Mukherjee (Reuters) -New Zealand’s Fonterra posted a 25% drop in its fiscal 2024 profit on Wednesday, hurt by ..

Soccer-‘I thought it was AI,’ says Wimbledon director of flooding images at stadium

Soccer-‘I thought it was AI,’ says Wimbledon director of flooding images at stadium

  (Reuters) – AFC Wimbledon’s managing director thought he was looking at AI-created images when he saw pictures of f..

Solvay to cut 68 jobs in Salindres site throughout 2025

Solvay to cut 68 jobs in Salindres site throughout 2025

  (Reuters) – Belgian chemicals group Solvay announced on Tuesday plans to enter into talks with labour unions to cease pro..

ECB started issuing fine notices to banks not meeting climate expectations

ECB started issuing fine notices to banks not meeting climate expectations

  NEW YORK (Reuters) – The European Central Bank has started issuing fine notices to lenders not meeting its long-defined e..

Spotify expands AI Playlist feature to new markets including US, Canada

Spotify expands AI Playlist feature to new markets including US, Canada

  (Reuters) – Spotify is expanding its tool that helps create playlists using generative artificial intelligence for premiu..

UK employers give joint-lowest pay rises since June 2022, Brightmine says

UK employers give joint-lowest pay rises since June 2022, Brightmine says

  LONDON (Reuters) – British employers gave staff the joint-lowest pay rises since June 2022 in the three months to the end..

TUI confirms guidance after strong summer season, shares rise

TUI confirms guidance after strong summer season, shares rise

  By Andrey Sychev (Reuters) -Europe’s biggest tour operator TUI on Tuesday confirmed its annual guidance and mid-term targ..

China stimulus pushes global shares to new peak, boosts commodities

China stimulus pushes global shares to new peak, boosts commodities

  By Ankur Banerjee and Sruthi Shankar SINGAPORE/LONDON (Reuters) – World stocks hit a record high on Tuesday after China u..

Miniso shares slump on plans to buy stake in Yonghui Superstores

Miniso shares slump on plans to buy stake in Yonghui Superstores

  HONG KONG (Reuters) -Shares of Miniso Group Holding plunged as much as 39.2% to HK$20 ($2.57) on Tuesday after the company said..

Unilever CEO looking for first-ever global plastics treaty with “teeth”

Unilever CEO looking for first-ever global plastics treaty with “teeth”

  By Jessica DiNapoli NEW YORK (Reuters) – Unilever CEO Hein Schumacher hopes to see a global plastics treaty that “h..

Qualcomm’s potential Intel buyout could raise antitrust, foundry concerns

Qualcomm’s potential Intel buyout could raise antitrust, foundry concerns

  By Aditya Soni and Yuvraj Malik (Reuters) -A potential deal to buy Intel could accelerate Qualcomm’s diversification but ..

Almost 30,000 suspected mpox cases in Africa this year, WHO says

Almost 30,000 suspected mpox cases in Africa this year, WHO says

  LONDON (Reuters) – Nearly 30,000 suspected mpox cases have been reported in Africa so far this year, most of them in Demo..

Sterling at two-year peak versus euro after PMI data

Sterling at two-year peak versus euro after PMI data

  (Reuters) – Sterling dipped against the dollar on Monday but touched a new two-year high versus the euro as business acti..

European shares edge higher as traders brace for data-packed week

European shares edge higher as traders brace for data-packed week

  By Pranav Kashyap (Reuters) -European shares edged higher on Monday, though gains were capped by caution as investors tread car..

Siemens to carve out EV charging business

Siemens to carve out EV charging business

  BERLIN (Reuters) – Siemens plans to carve out its electric vehicle (EV) charging business, Siemens eMobility, to open opp..

Oil climbs on Middle East escalation fears, US Fed rate cut

Oil climbs on Middle East escalation fears, US Fed rate cut

  By Gabrielle Ng and Emily Chow SINGAPORE (Reuters) -Oil prices rose on Monday, buoyed by concerns that heightened conflict in t..

News

BNP Paribas signs deal to buy HSBC private banking unit in Germany

BNP Paribas signs deal to buy HSBC private banking unit in Germany

  PARIS (Reuters) -BNP Paribas <BNPP.PA> has signed a deal to buy HSBC’s private banking unit in Germany as it continues to expand it..

Novo Nordisk faces US congressional grilling over price of weight loss drugs, FT reports

Novo Nordisk faces US congressional grilling over price of weight loss drugs, FT reports

  (Reuters) – Novo Nordisk’s chief executive is preparing for a showdown next week with U.S. Senator Bernie Sanders o..

Asia stocks, Wall St futures edge up; China trims repo rate

Asia stocks, Wall St futures edge up; China trims repo rate

  By Wayne Cole SYDNEY (Reuters) -Asian stocks firmed on Monday ahead of central bank meetings that are widely expected to delive..