News

Euro zone factory activity stuck in steep downturn in Sept – PMI

Euro zone factory activity stuck in steep downturn in Sept – PMI

LONDON (Reuters) – Euro zone manufacturing activity remained mired in a deep a..

STOXX 600 sinks to six-month low on higher bond yields

STOXX 600 sinks to six-month low on higher bond yields

(Reuters) -European stocks kicked off the final quarter on a negative note as higher..

Hungarian and US scientists win Nobel for COVID-19 vaccine discoveries

Hungarian and US scientists win Nobel for COVID-19 vaccine discoveries

STOCKHOLM (Reuters) -Hungarian scientist Katalin Kariko and U.S. colleague Drew Weis..

Environmental groups file complaint against France’s TotalEnergies over climate impact

Environmental groups file complaint against France’s TotalEnergies over climate impact

PARIS (Reuters) – Four environmental organisations have started legal action a..

Top central banks’ rate hike push fizzles out in September, EM parts ways

Top central banks’ rate hike push fizzles out in September, EM parts ways

By Karin Strohecker and Sumanta Sen LONDON (Reuters) – Central banks across m..

Italy’s Enel sells 50% of its Australia green business to INPEX

Italy’s Enel sells 50% of its Australia green business to INPEX

MILAN (Reuters) – Italy’s Enel said on Friday it has finalised the sale..

Cellnex sells stake in units in Sweden, Denmark for $772 million to Stonepeak

Cellnex sells stake in units in Sweden, Denmark for $772 million to Stonepeak

MADRID (Reuters), it – Spanish mobile phone tower operator Cellnex said on Fri..

Nobel Peace Prize could honour Indigenous, women or green activists

Nobel Peace Prize could honour Indigenous, women or green activists

OSLO/STOCKHOLM (Reuters) – Ukrainian President Volodymyr Zelenskiy and Russian..

Heavy winter sweaters, coats pile up at stores as warm weather threatens holiday shopping season

Heavy winter sweaters, coats pile up at stores as warm weather threatens holiday shopping season

By Ananya Mariam Rajesh (Reuters) – Unseasonably warm autumn weather from the..

Meta’s new AI assistant trained on public Facebook and Instagram posts

Meta’s new AI assistant trained on public Facebook and Instagram posts

By Katie Paul MENLO PARK, California (Reuters) -Meta Platforms used public Facebook..

UK business confidence slips in September: Lloyds Bank

UK business confidence slips in September: Lloyds Bank

LONDON (Reuters) – British business confidence declined in September as optimi..

Exclusive-Travelex owners considering sale of company –sources

Exclusive-Travelex owners considering sale of company –sources

LONDON (Reuters) – Travelex’s owners are exploring a sale of the British..

Oil jumps 3% as steep US crude stocks draw adds to supply concerns

Oil jumps 3% as steep US crude stocks draw adds to supply concerns

HOUSTON (Reuters) -Oil prices surged 3% on Wednesday, after U.S. crude stocks fell m..

Sizes of European government debt trades halve in 2023-ICMA

Sizes of European government debt trades halve in 2023-ICMA

By Yoruk Bahceli (Reuters) – Investors are having to put on much smaller trad..

Meta’s new Quest headset to start shipping on Oct 10 -Zuckerberg

Meta’s new Quest headset to start shipping on Oct 10 -Zuckerberg

MENLO PARK, California (Reuters) -Meta Platforms’ newest Quest mixed-reality h..

Shopify invests in wholesale platform Faire

Shopify invests in wholesale platform Faire

LONDON (Reuters) – E-commerce giant Shopify is investing in wholesale platform..

Bank of England delays final Basel bank capital rules to July 2025

Bank of England delays final Basel bank capital rules to July 2025

LONDON (Reuters) – The Bank of England on Wednesday said it would delay by six..

Germany halts e-cars solar subsidy programme amid high demand

Germany halts e-cars solar subsidy programme amid high demand

BERLIN (Reuters) – Germany’s state-owned KfW bank on Wednesday said it h..

UK’s Hiscox to sell Singapore and Thailand insurance business

UK’s Hiscox to sell Singapore and Thailand insurance business

(Reuters) – British insurer Hiscox said on Wednesday it has agreed to sell Dir..

Germany bans neo-Nazi group, raids members’ homes

Germany bans neo-Nazi group, raids members’ homes

BERLIN (Reuters) – German authorities raided dozens of locations nationwide o..

Dollar scales 10-month top as rate jitters persist

Dollar scales 10-month top as rate jitters persist

By Rae Wee SINGAPORE (Reuters) – The dollar rose to a 10-month high against i..

Merchants want lower fees, need Amazon’s ads as US FTC files suit

Merchants want lower fees, need Amazon’s ads as US FTC files suit

RALEIGH, North Carolina (Reuters) – Merchants who sell on Amazon.com want the ..

Bank of England to leave rates on hold through mid-2024, cut in Q3: Reuters poll

Bank of England to leave rates on hold through mid-2024, cut in Q3: Reuters poll

By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England has concluded..

French shoppers buy fewer tampons, less detergent as prices surge

French shoppers buy fewer tampons, less detergent as prices surge

LONDON (Reuters) – French consumers are buying fewer personal hygiene and hous..

Shutdown showdown in US Congress: Time running short to fund government

Shutdown showdown in US Congress: Time running short to fund government

By David Morgan and Andy Sullivan WASHINGTON (Reuters) – The U.S. House and S..

Three-quarters of firms globally are not ready for new ESG rules, KPMG finds

Three-quarters of firms globally are not ready for new ESG rules, KPMG finds

LONDON (Reuters) – Three-quarters of companies globally are not ready to have..

French retailers E-Leclerc and Carrefour say they will sell fuel at cost

French retailers E-Leclerc and Carrefour say they will sell fuel at cost

PARIS (Reuters) -France’s two largest food retailers, E-Leclerc and Carrefour,..

Equities fall as U.S. Treasury yields, dollar stay elevated

Equities fall as U.S. Treasury yields, dollar stay elevated

NEW YORK (Reuters) – Equities around the world were lower on Tuesday in a ch..

UK home secretary warns uncontrolled migration poses ‘existential challenge’

UK home secretary warns uncontrolled migration poses ‘existential challenge’

LONDON (Reuters) -Britain’s Home Secretary Suella Braverman warned on Tuesday ..

Exclusive-Cinven bought Eurovita bonds from GIC, others to help liquidation-source

Exclusive-Cinven bought Eurovita bonds from GIC, others to help liquidation-source

MILAN (Reuters) – Private equity firm Cinven has agreed to buy back 160 millio..

Novartis confirms Sandoz spin-off for October 4, 2023

Novartis confirms Sandoz spin-off for October 4, 2023

ZURICH (Reuters) – Novartis on Monday confirmed its plans for a 100% spin-off..

Lego abandons effort to make oil-free bricks – FT

Lego abandons effort to make oil-free bricks – FT

(Reuters) – Danish Toymaker Lego has abandoned its effort to ditch oil-based p..

Macron wants fuel industry to sell at cost price

Macron wants fuel industry to sell at cost price

PARIS (Reuters) – French President Emmanuel Macron said on Sunday the governme..

Safran CEO sees supply chain pressure through 2024

Safran CEO sees supply chain pressure through 2024

PARIS (Reuters) -Global aerospace supply chains will remain under pressure througho..

UK’s Mothercare says it expects to complete refinancing shortly

UK’s Mothercare says it expects to complete refinancing shortly

(Reuters) -Mothercare expects to complete a refinancing shortly and will remain in d..

France’s Eramet and Suez pick Dunkirk for EV battery recycling

France’s Eramet and Suez pick Dunkirk for EV battery recycling

PARIS (Reuters) – Eramet and Suez have chosen Dunkirk as the location for a pl..

Analysis-A year after budget crisis, UK debt faces fresh pensions headwind

Analysis-A year after budget crisis, UK debt faces fresh pensions headwind

By Yoruk Bahceli and Carolyn Cohn LONDON (Reuters) – Britain’s pensions..