News

Alstom cash flow warning wipes $3 billion off train maker’s value

Alstom cash flow warning wipes $3 billion off train maker’s value

(Reuters) -Alstom’s shares plunged by as much as 38% in Paris on Thursday aft..

Jewellery retailer Pandora raises growth targets, shares jump

Jewellery retailer Pandora raises growth targets, shares jump

By Helen Reid LONDON (Reuters) -Jewellery retailer Pandora raised its growth target..

Novo Nordisk’s Wegovy bonanza looms large in Denmark

Novo Nordisk’s Wegovy bonanza looms large in Denmark

COPENHAGEN (Reuters) – The whirlwind success of weight-loss treatment Wegovy i..

Birkenstock the latest shoe IPO to drop in a tough market

Birkenstock the latest shoe IPO to drop in a tough market

(Reuters) – Sandal company Birkenstock needs to sell more clogs and boots and ..

UK new car sales rise about 20% in September, says industry body SMMT

UK new car sales rise about 20% in September, says industry body SMMT

(Reuters) – New car sales in Britain rose roughly 20% in September from a year..

UK PM Sunak offers billions for new links after scrapping HS2 northern leg

UK PM Sunak offers billions for new links after scrapping HS2 northern leg

By Alistair Smout and Sarah Young MANCHESTER (Reuters) – British Prime Minist..

Europe could become energy self-sufficient in $2 trillion push – study

Europe could become energy self-sufficient in $2 trillion push – study

FRANKFURT (Reuters) – Europe could wean itself off fossil fuels and create a ..

World’s biggest bond markets steady after heavy selloff

World’s biggest bond markets steady after heavy selloff

By Alun John and Naomi Rovnick LONDON (Reuters) -A broad selloff in world governmen..

UK business downturn eases after inflation data, BoE pause – PMI

UK business downturn eases after inflation data, BoE pause – PMI

LONDON (Reuters) – British services companies suffered a less severe downturn..

Euro zone economy likely contracted in Q3 amid waning demand

Euro zone economy likely contracted in Q3 amid waning demand

By Jonathan Cable LONDON (Reuters) – The euro zone economy probably shrank la..

Global bond rout deepens before receding on relief rally

Global bond rout deepens before receding on relief rally

NEW YORK/LONDON (Reuters) -A rout in government bond markets deepened on Wednesday w..

ECB’s Centeno says rate cycle likely completed, inflation retreating

ECB’s Centeno says rate cycle likely completed, inflation retreating

LISBON (Reuters) -The cycle of interest rate hikes by the European Central Bank has ..

Factbox-Italy feels health sector pinch as Europe struggles post COVID-19

Factbox-Italy feels health sector pinch as Europe struggles post COVID-19

ROME (Reuters) – Italy’s government has warned that a shortage of doctor..

Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year

Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year

BRUSSELS (Reuters) – Euro zone producer prices edged higher as expected month-..

Exxon Mobil to sell majority stake in Italy LNG terminal to BlackRock

Exxon Mobil to sell majority stake in Italy LNG terminal to BlackRock

HOUSTON (Reuters) – Exxon Mobil Corp chose BlackRock as the potential buyer fo..

Central bank test lab develops global bitcoin mapping system

Central bank test lab develops global bitcoin mapping system

LONDON (Reuters) – A global central bank test lab has designed a prototype bit..

Russian car sales jump in September as Chinese brands expand market share

Russian car sales jump in September as Chinese brands expand market share

(Reuters) – Car sales in Russia jumped by 148.6% year-on-year in September, c..

Sanofi to co-develop Teva Pharmaceutical’s Colitis, Crohn’s drug

Sanofi to co-develop Teva Pharmaceutical’s Colitis, Crohn’s drug

JERUSALEM (Reuters) – Teva Pharmaceutical Industries said on Wednesday it will..

Britain’s SSE sees weaker half-year profit on subdued renewables output

Britain’s SSE sees weaker half-year profit on subdued renewables output

(Reuters) -British power generator and network operator SSE Plc on Wednesday said i..

Britain’s Tesco upgrades outlook as inflation eases

Britain’s Tesco upgrades outlook as inflation eases

LONDON (Reuters) -Tesco, Britain’s biggest supermarket, upgraded its annual pr..

Spotify Premium to include free access to audiobooks in UK, Australia

Spotify Premium to include free access to audiobooks in UK, Australia

(Reuters) – Spotify said on Tuesday that users of its premium services in the..

UK’s Petrofac gets over $600 million carbon capture contract from ADNOC Gas

UK’s Petrofac gets over $600 million carbon capture contract from ADNOC Gas

(Reuters) -UK oil services firm Petrofac said on Tuesday it got a more than $600 mil..

Banks behind 70% jump in greenwashing incidents in 2023 -report

Banks behind 70% jump in greenwashing incidents in 2023 -report

LONDON (Reuters) – The number of instances of greenwashing by banks and financ..

Countries pledge to raise $12 billion to fund coral reef protection

Countries pledge to raise $12 billion to fund coral reef protection

By David Stanway SINGAPORE (Reuters) – An alliance of nations said on Tuesday..

UK’s Greggs shows resilience with quarterly sales rise

UK’s Greggs shows resilience with quarterly sales rise

LONDON (Reuters) -British baker and fast food chain Greggs kept its full-year outloo..

Rouble recovers slightly after slide past 100 vs dollar

Rouble recovers slightly after slide past 100 vs dollar

(Reuters) -The Russian rouble weakened past the symbolic threshold of 100 to the do..

UK shop price inflation at lowest in a year – BRC

UK shop price inflation at lowest in a year – BRC

LONDON (Reuters) – Prices in British store chains rose at the slowest pace in ..

Visa launches $100 million venture fund for generative AI startups

Visa launches $100 million venture fund for generative AI startups

(Reuters) – Payments processor Visa on Monday launched a $100 million venture ..

Oil tumbles 2% to 3-week low on strong dollar, profit taking

Oil tumbles 2% to 3-week low on strong dollar, profit taking

NEW YORK (Reuters) -Oil prices fell about 2% on Monday to a three-week low as a high..

Dollar climbs to near 150 vs yen after US shutdown avoided, data

Dollar climbs to near 150 vs yen after US shutdown avoided, data

By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index climbed on Monday,..

Global stock index dips while bond yields, dollar climb

Global stock index dips while bond yields, dollar climb

By Sinéad Carew NEW YORK (Reuters) – MSCI’s global index of stocks ki..

Oil pares gains ahead of Fed Reserve comments

Oil pares gains ahead of Fed Reserve comments

LONDON (Reuters) – Oil prices pared gains after earlier climbing $1 on Monday,..

EU launches first phase of world’s first carbon border tariff

EU launches first phase of world’s first carbon border tariff

BRUSSELS (Reuters) – The European Union launched on Sunday the first phase of ..

Tesla misses delivery estimates as factory upgrades curb production

Tesla misses delivery estimates as factory upgrades curb production

(Reuters) -Tesla missed market estimates for third-quarter deliveries on Monday as p..

London stocks kick off Q4 lower as rising yields bite

London stocks kick off Q4 lower as rising yields bite

(Reuters) -London stocks gave up early gains and closed lower on Monday as rising yi..

Germany’s Birkenstock targets over $9 billion valuation in US IPO

Germany’s Birkenstock targets over $9 billion valuation in US IPO

By Manya Saini (Reuters) -Birkenstock, the German premium footwear brand backed b..

France kicks off bird flu vaccination despite trade backlash risk

France kicks off bird flu vaccination despite trade backlash risk

By Sybille de La Hamaide PARIS (Reuters) -France began vaccinating ducks against bi..