Eutelsat announces contract with Airbus for 100 satellites
(Reuters) -French satellite company Eutelsat has chosen aerospace giant Airbus to build 100 small satellites for its OneWeb constellat..
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Credit Agricole names Olivier Gavalda as its new CEO
PARIS (Reuters) -Credit Agricole said on Tuesday it had appointed Olivier Gavalda as the French bank’s new CEO. The 61-year-old ..
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Luxury and energy sectors weaken European shares; French stocks fall 0.7%
By Sruthi Shankar and Shashwat Chauhan (Reuters) – European shares closed lower on Monday, bogged down by heavyweight luxury..
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UK stocks start policy decision week lower; Entain falls
(Reuters) -Britain’s FTSE 100 index slipped on Monday, with Entain dropping after Australia’s financial crime watchdog ini..
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French central bank trims growth outlook on political drama
PARIS (Reuters) – France’s economy will grow more slowly than expected in the next two years as its home-grown politic..
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UniCredit CEO says $10.5 billion Banco BPM bid is fair as offer becomes binding
By Valentina Za MILAN (Reuters) -UniCredit on Friday filed its buyout offer for rival Banco BPM with Italy’s market regulator, a..
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Soccer-Manchester United’s Diallo snatches derby victory at stunned City
By Lori Ewing MANCHESTER, England (Reuters) -Manchester United poured on the misery for flagging Premier League champions Manchester C..
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German Chancellor Scholz to ask parliament to clear way for new elections
By Thomas Escritt BERLIN (Reuters) – Chancellor Olaf Scholz will call on Germany’s parliament on Monday to declare it ..
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UK property asking prices fall, headwinds remain for 2025, Rightmove says
By Suban Abdulla LONDON (Reuters) – Average asking prices for newly listed houses and apartments in Britain fell by 1.7% in ..
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Schroders seeks buyers for Indonesian unit with $4 billion in assets, sources say
By Yantoultra Ngui and Selena Li SINGAPORE/HONG KONG (Reuters) – Schroders is looking to sell its Indonesian business, according..
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ECB’s Villeroy: more interest rate cuts to come in 2025
PARIS (Reuters) – The European Central Bank is likely to further ease interest rates next year and is at ease with market projec..
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Lilly’s Mounjaro more popular than Wegovy in UK’s private obesity drug market
By Maggie Fick LONDON (Reuters) – Britons paying privately for obesity drugs are increasingly choosing Eli Lilly’s Mounjar..
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UK payments regulator consults on cross-border card fees cap
LONDON (Reuters) – Britain’s payments regulator said on Friday it would consult on whether to introduce a cap on cross-bor..
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E-Commerce in a Technologically Developing World: a Conversation with Prakash Veenam
Prakash Veenam E-commerce seems so ubiquitous in our world today. From big online retailers like Amazon to small business..
Business
Dollar holds steady despite rate cut bets; Aussie rises after jobs data
By Brigid Riley TOKYO (Reuters) – The U.S. dollar traded in a narrow range on Thursday after hitting a two-week high in the ..
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Adidas raided for second day running in EU tax investigation, FT reports
BERLIN (Reuters) – Investigators carried out searches at Adidas’s headquarters for a second consecutive day, the Finan..
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Polish fashion retailer LPP’s Q3 profit misses forecasts as labour costs rise
By Marta Maciag (Reuters) -Poland’s biggest fashion retailer LPP on Thursday reported third-quarter profit that missed analysts&..
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Upper Crust owner SSP plans for Indian IPO of Travel Food Services
(Reuters) -Upper Crust owner SSP Group said on Tuesday that it is planning an initial public offering in India of airport lounge opera..
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French central bank sees growth flatlining in fourth quarter
PARIS (Reuters) – French economic growth is set to stall in the last three months of the year but not retreat as some busine..
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Vodafone franchisees in Britain file legal claim against telecom group
LONDON (Reuters) – A group of current and former Vodafone franchisees in the UK filed a legal claim against the company on T..
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Former OpenAI researcher raises $40 million to build more empathetic audio AI
By Anna Tong SAN FRANCISCO (Reuters) – – A former OpenAI researcher has raised $40 million for a startup that will bui..
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Dollar edges up as market looks to CPI data; Aussie, kiwi rise on China
By Hannah Lang NEW YORK (Reuters) -The dollar was up slightly in skittish trading on Monday as investors awaited U.S. inflation data l..
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Global, US stocks fall; oil, gold rise over 1% on geopolitical risk
By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) – Global shares turned lower on Monday as traders focused on U..
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Rachel Reeves to push for UK/EU reset at finance ministers’ meeting
LONDON (Reuters) – Reducing Britain’s trade barriers with the European Union will improve the growth prospects of both, fi..
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Germany’s CompuGroup in talks about potential offer by CVC
(Reuters) – CompuGroup Medical, a German provider of healthcare software, said on Sunday it is in advanced talks to be acquired ..
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UK business leaders struggle to understand cyber risk as a financial risk as three-quarters of mid-to-large firms report breaches
Despite the UK Government’s latest figures showing that 74% of mid-to-large UK businesses have experienced cybercrime, IT and financia..
Cyber Security
At Gulf bitcoin gathering, Trump family and allies to bask in crypto industry’s euphoria
By Michelle Conlin NEW YORK (Reuters) -Several key players in President-elect Donald Trump’s new cryptocurrency venture head to ..
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Ant International sees robust growth across pillar businesses of payments, digitalisation, and inclusive financial services in 2024
Numbers show Alipay+ expands a vibrant wallet-based payment and digitalisation space that further strengthens WorldFirst and Antom, t..
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Italian startup iGenius and Nvidia to build major AI system
By Stephen Nellis (Reuters) – Italian startup iGenius and Nvidia on Thursday said they are planning to bring online one of the w..
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Macquarie-backed offshore wind developer Corio starts job cuts
(Reuters) – Corio Generation, the UK-based offshore wind developer backed by Australia’s Macquarie Group, plans to cut a s..
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Russian Railways to cut spending by around 40% in 2025, says finance chief
(Reuters) – Russian Railways, a key cog in Russia’s industrial machine, may substantially cut its spending next year by ar..
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HSBC improves data access and operational efficiency with Starburst technology.
Thanks to Starburst’s solution, HSBC has accelerated its access to information with queries up to 20 times faster, reducing anal..
Business
Instant view: Bitcoin vaults above $100,000
(Reuters) – Bitcoin hit a record high above $100,000 on Thursday as the election of Republican Donald Trump as U.S. president fu..
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Sweden’s SBB receives letters from funds intending to accelerate Eurobonds
(Reuters) – Swedish property group SBB said it had received letters from FFI Fund and Olifant Fund notifying an intention to..
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Airbus cuts 2,000 Defence and Space jobs, taming earlier plans
By Tim Hepher PARIS (Reuters) – Airbus announced just over 2,000 job cuts in Defence and Space, or about 5% of its second-la..
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European Commission favours more EU funds for electric vehicles sector
BRUSSELS (Reuters) – The European Commission called on Tuesday for an additional 1 billion euros ($1.1 billion) of EU funds ..
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Bronze statues, coins and ancient eggs found in Tuscan thermal baths
By Alvise Armellini ROME (Reuters) – Ancient statues, coins, jewels and still-intact eggs from Roman and Etruscan times have..
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