Roche has no plans for job cuts and business is healthy, CEO says
ZURICH (Reuters) – Swiss pharmaceutical company Roche is not planning job cuts and its business is healthy, CEO Thomas Schinecke..
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Pearl Leads the Way in AI Agent Technology
David Minarsch, CEO of Valory and Founding Member of Olas, speaking about Pearl with Ethereum founder, Vitalik Buterin, in attendance...
Digital
Yen hovers near 5-month low as BOJ’s cautious stance weighs
TOKYO (Reuters) – The yen hovered near a five-month low to the dollar on Friday as the U.S. Federal Reserve’s hawkish ..
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Oil prices set for weekly gain on China stimulus optimism
(Reuters) – Oil prices were little changed on Friday but were set for a weekly rise amid optimism economic stimulus efforts ..
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Asian stocks drift, yen at 5-month low in thin year-end trading
SINGAPORE (Reuters) – Asian stocks wobbled on Friday while the dollar was steady, keeping the yen rooted near five-month low..
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Oil prices edge higher on hopes for more China stimulus
TOKYO (Reuters) -Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China,..
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Dollar stays resilient, Asia shares get festive lift
SINGAPORE (Reuters) – Asia shares rose slightly in holiday-thinned trade on Thursday, extending gains from earlier in the we..
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Santa Claus global flight to deliver presents underway
Santa Claus took off early Christmas Eve aboard his reindeer-powered sleigh to deliver presents around the world. That is according to..
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Euro zone bond yields rise to one-month high
LONDON (Reuters) -Euro zone government bond yields rose to their highest level in around a month on Monday as investors continued to t..
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Polish e-commerce Allegro’s unit sues Alphabet for $568 million
GDANSK (Reuters) -A subsidiary of Polish e-commerce platform Allegro filed a lawsuit on Monday against Google owner Alphabet, Google I..
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Asia shares rise, dollar underpinned by elevated bond yields
SINGAPORE (Reuters) – Asian stocks edged up on Tuesday, though moves were subdued in a holiday-curtailed week, while the gre..
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Dollar steady after benign US inflation eases worries over rates
SINGAPORE (Reuters) – The dollar was steady on Monday after U.S. inflation data showed only a modest rise last month, easing..
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Asia shares rally on US inflation relief
SYDNEY (Reuters) – Asian shares rallied on Monday after a benign reading on U.S. inflation restored some hope for further po..
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Australia’s Telstra sells most of its Foxtel stake to DAZN
(Reuters) – Australian telecom firm Telstra said on Monday it had sold a 35% stake in Australian cable TV and streaming unit..
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A Guide for UK Fleet Managers, Truck Drivers, and Business Owners to Save Big with iCompario
Managing a truck fleet, running a logistics operation, or simply transporting goods across the UK is no small feat. With mounting cost..
Business
Asian shares pinned near three-month lows, dollar towers at 2-yr peak
SYDNEY (Reuters) – Asian shares were pinned near three-month lows on Friday as investors awaited key U.S. inflation data tha..
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Dollar set to end week on a high, yen at five-month low
SINGAPORE (Reuters) – The dollar was set to cap the week on a strong note on Friday as it was perched near a two-year high b..
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In weight loss battle, Novo and Lilly face growing offensive from licensed copies
SHANGHAI (Reuters) – As Novo Nordisk and Eli Lilly expand sales of their popular diabetes and weight-loss drugs, cheaper cop..
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Asian stocks slide after Fed flags slower rate cuts, BOJ stands pat
SINGAPORE (Reuters) -Asian stocks slipped and the dollar was perched near a two-year high on Thursday after the U.S. Federal Reserve c..
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Britain seeks to beef up Ofgem energy regulator’s powers
LONDON (Reuters) – Britain set out plans on Thursday to strengthen its energy regulator Ofgem to help facilitate the country..
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Oil falls on demand concerns after Fed signals slower easing ahead
BEIJING (Reuters) – Oil prices fell in early trading on Thursday after the U.S. Federal Reserve signalled that it would slow..
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Racing against time: why shared infrastructure is critical for carbon capture success
Jean-Philippe Hiegel, Head of Strategy & Growth at RepAir Carbon By Jean-Philippe Hiegel, Head of Strategy & Growt..
Business
Banks, oil stocks knock European shares to two-week lows
(Reuters) -Europe’s STOXX 600 fell to two-week lows on Tuesday, pressured by losses in energy and bank stocks, as investors awai..
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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