News

Tesla promises paid robotaxis next year, but significant hurdles remain

Tesla promises paid robotaxis next year, but significant hurdles remain

  By Chris Kirkham (Reuters) -Tesla CEO Elon Musk on Wednesday said the electri..

FTSE 100 closes higher on earnings boost

FTSE 100 closes higher on earnings boost

  By Pranav Kashyap (Reuters) -London’s blue-chip stock index edged highe..

Allianz weighs options for AllianzGI unit, sources say

Allianz weighs options for AllianzGI unit, sources say

  By Amy-Jo Crowley, Alexander Hübner, Andres Gonzalez and Anousha Sakoui LONDO..

ECB hawks push back against bets on more and bigger cuts

ECB hawks push back against bets on more and bigger cuts

  By Balazs Koranyi WASHINGTON (Reuters) -Three European Central Bank officials..

Europe struggling to meet offshore wind targets, industry heads and lawmakers say

Europe struggling to meet offshore wind targets, industry heads and lawmakers say

  By Jacob Gronholt-Pedersen and Stine Jacobsen ODENSE, Denmark (Reuters) ̵..

Global commercial insurance rates show first quarterly fall in seven years, Marsh says

Global commercial insurance rates show first quarterly fall in seven years, Marsh says

  LONDON (Reuters) – Global commercial insurance rates fell 1% in the thi..

Harry Potter publisher Bloomsbury tracks ahead of FY24-25 expectations on fantasy-fiction demand

Harry Potter publisher Bloomsbury tracks ahead of FY24-25 expectations on fantasy-fiction demand

  (Reuters) -UK’s Bloomsbury Publishing on Thursday said trading in fisca..

IBM misses third-quarter revenue estimates as consulting drags; shares fall

IBM misses third-quarter revenue estimates as consulting drags; shares fall

  By Arsheeya Bajwa (Reuters) -International Business Machines missed analysts&..

Wolfspeed shelves plans to build chip factory in Germany

Wolfspeed shelves plans to build chip factory in Germany

  (Reuters) -Wolfspeed has shelved plans to build a semiconductor factory in En..

IMF says UK should shield investment while curbing debt

IMF says UK should shield investment while curbing debt

  By David Lawder and David Milliken WASHINGTON (Reuters) -Britain should bring..

Mike Ashley’s Frasers drops plan to buy luxury brand Mulberry

Mike Ashley’s Frasers drops plan to buy luxury brand Mulberry

  (Reuters) -British sportswear and apparel retailer Frasers Group walked away ..

French bond investors brace for Moody’s rating review

French bond investors brace for Moody’s rating review

  By Stefano Rebaudo (Reuters) – Rating agency Moody’s will review ..

Euro zone consumer confidence rises to -12.5 in October

Euro zone consumer confidence rises to -12.5 in October

  (Reuters) – Euro zone consumer confidence rose by 0.4 points in October..

Air Liquide confirms full-year targets after in-line quarter

Air Liquide confirms full-year targets after in-line quarter

  By Olivier Cherfan (Reuters) -French industrial gases supplier Air Liquide re..

Goldman sees oil prices holding around $76/bbl in 2025 on ample supply

Goldman sees oil prices holding around $76/bbl in 2025 on ample supply

  (Reuters) – Goldman Sachs expects oil prices to average $76 a barrel in..

L’Oreal third quarter sales disappoint as China spends less on beauty

L’Oreal third quarter sales disappoint as China spends less on beauty

  By Dominique Patton PARIS (Reuters) -French cosmetics giant L’Oreal rep..

Germany identifies its first case of new mpox variant

Germany identifies its first case of new mpox variant

  BERLIN (Reuters) -Germany has detected its first case of the new mpox variant..

Eni to launch chemical business restructuring in coming days, sources say

Eni to launch chemical business restructuring in coming days, sources say

  MILAN (Reuters) – Italy’s Eni is expected to announce an overhaul..

German steelmaker Salzgitter cuts full-year guidance

German steelmaker Salzgitter cuts full-year guidance

  (Reuters) – German steelmaker Salzgitter cut its full-year guidance on ..

Brevan Howard says significant amount of its crypto trading done from UAE

Brevan Howard says significant amount of its crypto trading done from UAE

  By Nell Mackenzie (Reuters) – Brevan Howard does a significant amount o..

King Charles visits melanoma clinic in Sydney and meets cancer survivors

King Charles visits melanoma clinic in Sydney and meets cancer survivors

  SYDNEY (Reuters) – King Charles visited a skin cancer clinic in Sydney ..

German tax revenue rose 6.9% in September

German tax revenue rose 6.9% in September

  BERLIN (Reuters) – Germany’s federal and state governments’..

Logitech raises full-year outlook as sales and profit expectations climb

Logitech raises full-year outlook as sales and profit expectations climb

(Reuters) -Logitech International raised its full-year outlook after a strong perfor..

Analysis-Can the new CVS CEO handle the Aetna challenge?

Analysis-Can the new CVS CEO handle the Aetna challenge?

By Amina Niasse NEW YORK (Reuters) – As CVS Health’s new CEO David Joyne..

Climate scientists warn Nordic ministers of changing Atlantic Ocean current

Climate scientists warn Nordic ministers of changing Atlantic Ocean current

  COPENHAGEN (Reuters) – More than 40 climate scientists are urging Nordi..

Retailer Carrefour reviewing work practices at Saudi partner after Amnesty raises concerns

Retailer Carrefour reviewing work practices at Saudi partner after Amnesty raises concerns

  PARIS (Reuters) -French supermarket retailer Carrefour said on Monday it is r..

Forvia clinches new supply deals with China’s BYD and Xiaomi, shares jump

Forvia clinches new supply deals with China’s BYD and Xiaomi, shares jump

By Nathan Vifflin and Mara Vilcu (Reuters) -French car part supplier Forvia has secu..

STOXX 600 subdued with key earnings on tap; energy shares jump

STOXX 600 subdued with key earnings on tap; energy shares jump

By Paolo Laudani and Ankika Biswas (Reuters) -European shares struggled for directio..

German producer prices fall more than expected in September

German producer prices fall more than expected in September

  BERLIN (Reuters) – German producer prices fell more than expected in Se..

Tepid start to week for world stocks, but gold, bitcoin shine

Tepid start to week for world stocks, but gold, bitcoin shine

  By Medha Singh and Rae Wee LONDON (Reuters) – Global stocks kicked off ..

Sanofi reaches deal on terms of sale of consumer health arm, say French government sources

Sanofi reaches deal on terms of sale of consumer health arm, say French government sources

PARIS (Reuters) -Sanofi on Sunday reached an agreement on terms to sell a controllin..

Perplexity AI in funding talks to more than double valuation to $8 billion, WSJ reports

Perplexity AI in funding talks to more than double valuation to $8 billion, WSJ reports

  (Reuters) -Jeff Bezos-backed Perplexity AI has begun fundraising talks in whi..

Triathlon-Britain’s Yee adds world title to Olympic gold

Triathlon-Britain’s Yee adds world title to Olympic gold

(Reuters) – British Olympic champion Alex Yee finished third after a barn-stor..

UK’s Mothercare partners with Reliance to strengthen South Asia presence

UK’s Mothercare partners with Reliance to strengthen South Asia presence

  (Reuters) – Mothercare formed a joint venture with Reliance Brands Hold..

Number of female business leaders in Britain falls in 2024, report says

Number of female business leaders in Britain falls in 2024, report says

  LONDON (Reuters) – The number of women who hold executive reins in corp..

FTSE 100 touches five-month closing high on optimism over rate cuts

FTSE 100 touches five-month closing high on optimism over rate cuts

  By Pranav Kashyap and Sruthi Shankar (Reuters) -The UK’s FTSE 100 close..

Denmark’s central bank cuts key interest rate to 2.85%, mirroring ECB

Denmark’s central bank cuts key interest rate to 2.85%, mirroring ECB

  COPENHAGEN (Reuters) – Denmark’s central bank cut its key policy ..