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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..

Europe’s STOXX 600 clocks all-time closing high on China stimulus boost

Europe’s STOXX 600 clocks all-time closing high on China stimulus boost

By Pranav Kashyap and Shashwat Chauhan (Reuters) -European shares jumped on Thursday, with China-exposed stocks such as luxury and min..

Stocks rise to records with Micron rally; oil prices slide

Stocks rise to records with Micron rally; oil prices slide

By Caroline Valetkevitch NEW YORK (Reuters) -A widely followed global stock index and the S&P 500 hit record highs on Thursday aft..

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 of “Assassin’s Creed” maker Ubis..

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 ..

Meta shows off prototype augmented-reality glasses at Connect event

Meta shows off prototype augmented-reality glasses at Connect event

By Katie Paul MENLO PARK, California (Reuters) -Facebook owner Meta Platforms showed off its first working prototype of augmented-re..

Switching off is hard to do – 29% hatch work plans on holiday

Switching off is hard to do – 29% hatch work plans on holiday

YouGov survey for Purbeck Insurance Services September 2024:  As the summer holidays come to an end, a new survey of work-age adults a..

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 ..

Northvolt to axe 1,600 jobs as Europe’s EV hopes stall

Northvolt to axe 1,600 jobs as Europe’s EV hopes stall

  By Marie Mannes STOCKHOLM (Reuters) – Northvolt plans to cut 1,600 jobs at its base in Sweden, or about a fifth of its gl..

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..

Green Heat ‘Beneath Our Feet’: Sweden’s Blue Purpose Drives Sustainability

Green Heat ‘Beneath Our Feet’: Sweden’s Blue Purpose Drives Sustainability

LONDON, UK. September 19th, 2024 – As the world grapples with climate change and the need for sustainable energy solutions, ther..

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 contin..

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..

CMA CGM agrees to buy 48% of Santos Brasil for $1.2 billion, will launch takeover bid

CMA CGM agrees to buy 48% of Santos Brasil for $1.2 billion, will launch takeover bid

  SAO PAULO (Reuters) – French shipping giant CMA CGM agreed to buy 47.6% of port terminal operator Santos Brasil for 6.3 b..

Bitcoin jumps while Japan holiday dulls most currencies

Bitcoin jumps while Japan holiday dulls most currencies

  SINGAPORE (Reuters) – Bitcoin was the notable mover as it reached for one-month highs on Monday, sustaining its rally aft..

Analysis-SocGen&#8217;s CEO Krupa tightens screws on costs as bank&#8217;s turnaround plan falls flat

Analysis-SocGen’s CEO Krupa tightens screws on costs as bank’s turnaround plan falls flat

By Mathieu Rosemain PARIS (Reuters) – Societe Generale’s CEO Slawomir Krupa is set to turn the screws further on costs a..

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 senior executive Elliott Hill will rejoin the comp..

EU regulator backs use of Novo&#8217;s Wegovy for obesity-related heart condition

EU regulator backs use of Novo’s Wegovy for obesity-related heart condition

(Reuters) -The European Medicines Agency backed the use of Novo Nordisk’s popular drug Wegovy to help ease heart failure in peop..