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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 closed at a near five-month high on Thursday, as pest c..

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 interest rate by 25 basis points to 2.85% on Thurs..

Heightened Egyptian demand in tight market buoys European fuel oil prices

Heightened Egyptian demand in tight market buoys European fuel oil prices

By Robert Harvey and Ahmad Ghaddar LONDON (Reuters) – A spike in Egyptian imports of fuel oil used for power generation has coin..

Germany moves to strengthen domestic wind power industry

Germany moves to strengthen domestic wind power industry

By Riham Alkousaa BERLIN (Reuters) -Germany is planning state guarantees for wind energy production, it said on Thursday, as part of a..

Amazon reveals its first color Kindle e-reader after years of development

Amazon reveals its first color Kindle e-reader after years of development

  By Greg Bensinger SAN FRANCISCO (Reuters) – Amazon on Wednesday announced its first color Kindle e-reader following years..

BHP iron ore output beats, copper production edges up on better grades at Escondida

BHP iron ore output beats, copper production edges up on better grades at Escondida

  By Rishav Chatterjee (Reuters) -Global miner BHP beat first-quarter iron ore output estimates on Thursday, spurred by easing of..

Smaller UK firms need help to end ‘doom loop’, think tank says

Smaller UK firms need help to end ‘doom loop’, think tank says

  LONDON (Reuters) – Britain’s smaller listed companies can reverse a “doom loop”, driven by plummeting v..

Airbus to cut up to 2,500 jobs in defence and space

Airbus to cut up to 2,500 jobs in defence and space

  By Tim Hepher PARIS (Reuters) -Airbus announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space division af..

Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record

Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record

By Tatiana Bautzer, Manya Saini and Niket Nishant (Reuters) – Morgan Stanley’s profit surpassed estimates on a bumper thir..

Adyen co-founder’s new firm Tebi raises $22 million to expand

Adyen co-founder’s new firm Tebi raises $22 million to expand

  By Toby Sterling AMSTERDAM (Reuters) – The co-founder of payments giant Adyen has begun scaling up his new business softw..

GSK sues Moderna for US patent infringement over COVID, RSV vaccines

GSK sues Moderna for US patent infringement over COVID, RSV vaccines

  By Blake Brittain (Reuters) -British drugmaker GlaxoSmithKline sued Moderna in U.S. federal court in Delaware on Tuesday, accus..

Blackstone to invest $8.2 billion in data centres in northeastern Spain

Blackstone to invest $8.2 billion in data centres in northeastern Spain

  MADRID (Reuters) – Blackstone, the world’s largest alternative asset manager, plans to invest 7.5 billion euros ($8..

Spain 12-month EU-harmonised inflation falls to 1.7% in September

Spain 12-month EU-harmonised inflation falls to 1.7% in September

  (Reuters) – Spain’s European Union-harmonised 12-month inflation fell to 1.7% in September, down from 2.4% in the p..

Adobe starts roll-out of AI video tools, challenging OpenAI and Meta

Adobe starts roll-out of AI video tools, challenging OpenAI and Meta

  (Reuters) – Adobe on Monday said it has started publicly distributing an AI model that can generate video from text promp..

Hungary seeks housing boost from pensions ahead of 2026 election

Hungary seeks housing boost from pensions ahead of 2026 election

  By Gergely Szakacs BUDAPEST (Reuters) -Hungary’s economy ministry proposed on Monday that savings in private pension acco..

Sterling dips as investors look to UK jobs, inflation reports this week

Sterling dips as investors look to UK jobs, inflation reports this week

  By Medha Singh LONDON (Reuters) – The pound held near a one-month low against the dollar on Monday ahead of wage growth a..

Exclusive-Ericsson gets new 5G contract from India’s Bharti Airtel, sources say

Exclusive-Ericsson gets new 5G contract from India’s Bharti Airtel, sources say

  By Supantha Mukherjee STOCKHOLM (Reuters) -Swedish telecom gear maker Ericsson has received a new multi-billion dollar contract..

Stellantis’ CEO declines to rule out job cuts in challenging market

Stellantis’ CEO declines to rule out job cuts in challenging market

  PARIS (Reuters) – Stellantis CEO Carlos Tavares on Monday declined to rule out job cuts and said keeping up with Chinese ..

Inside China’s bid to build sway over global metals pricing

Inside China’s bid to build sway over global metals pricing

  By Pratima Desai and Siyi Liu LONDON/SINGAPORE (Reuters) – China is locking in steps to shape the pricing of the vast qua..

Athletics-Kenya’s Chepngetich smashes women’s marathon world record

Athletics-Kenya’s Chepngetich smashes women’s marathon world record

  (Reuters) -Kenya’s Ruth Chepngetich put on a performance for the ages as she obliterated the women’s marathon world..

NASA spacecraft to study whether Jupiter’s moon Europa can harbor life

NASA spacecraft to study whether Jupiter’s moon Europa can harbor life

  By Will Dunham WASHINGTON (Reuters) – NASA is set to launch a spacecraft to Jupiter’s moon Europa, considered one o..

Italian-run space centre in Kenya to be used again for earth observation

Italian-run space centre in Kenya to be used again for earth observation

  MILAN (Reuters) – An Italian-run space centre in Kenya will be used again for the launch of Earth observation satellites ..

Hungary’s economy to get boost from housing next year, PM Orban says

Hungary’s economy to get boost from housing next year, PM Orban says

  By Gergely Szakacs and Anita Komuves BUDAPEST (Reuters) -Hungary’s economic growth will accelerate substantially in the f..

Dutch economy minister pushes for European chip industry coalition

Dutch economy minister pushes for European chip industry coalition

  ROME (Reuters) – The Dutch economy minister said on Thursday he wants to form a European Union “coalition of the wi..

Tesla to give permanent jobs to 500 temporary staff at German gigafactory

Tesla to give permanent jobs to 500 temporary staff at German gigafactory

  FRANKFURT (Reuters) -Tesla on Thursday said it would give permanent jobs from Nov. 1 to 500 temporary workers at its German gig..

Spain’s top fashion retailers to launch trial to collect clothes waste in 2025

Spain’s top fashion retailers to launch trial to collect clothes waste in 2025

  By Corina Pons MADRID (Reuters) – Spain’s largest fashion companies will start collecting discarded clothes from Ap..

UK property market strengthens, pressure on renters intensifies, RICS says

UK property market strengthens, pressure on renters intensifies, RICS says

LONDON (Reuters) – Britain’s housing market recovered further last month, according to property surveyors who said house p..

Hurricane Milton leaves Florida with less damage than feared

Hurricane Milton leaves Florida with less damage than feared

By Leonara LaPeter Anton and Brad Brooks ST. PETERSBURG, Florida (Reuters) -Hurricane Milton plowed into the Atlantic Ocean on Thursda..

Sterling hovers near one-month low ahead of US inflation print

Sterling hovers near one-month low ahead of US inflation print

  LONDON (Reuters) – The pound was flat on Thursday, hovering near its lowest level against the dollar in a month, as trade..

French government to present 2025 belt-tightening budget

French government to present 2025 belt-tightening budget

  By Leigh Thomas PARIS (Reuters) – France’s government is to deliver its 2025 budget on Thursday with plans for 60 b..

Britain sets out funding model for renewable energy storage projects

Britain sets out funding model for renewable energy storage projects

  By Susanna Twidale LONDON (Reuters) – Britain will offer developers of renewable energy storage projects, such as pumped ..

Multilateral banks could lend up to $480 billion more before rating downgrades, Fitch says 

Multilateral banks could lend up to $480 billion more before rating downgrades, Fitch says 

  (Reuters) – A dozen of the largest multilateral development banks could collectively lend a further half-trillion dollars..

Insurer Aviva secures $2 billion pensions buy-in

Insurer Aviva secures $2 billion pensions buy-in

  LONDON (Reuters) – British insurer Aviva has completed a 1.5 billion pound ($1.96 billion) bulk annuity buy-in deal with ..

Ratan Tata, who put India’s Tata Group on the global map, dies at 86

Ratan Tata, who put India’s Tata Group on the global map, dies at 86

  By Abhirup Roy (Reuters) – Ratan Tata, the former Tata Group chairman who put a staid and sprawling Indian conglomerate o..

Spain grants $146 million subsidy to Stellantis for potential EV battery plant

Spain grants $146 million subsidy to Stellantis for potential EV battery plant

  MADRID (Reuters) – Spain has granted automaker Stellantis a 133 million euro ($146 million) subsidy for its potential bat..

UK population rises to 68.3 million, driven by immigration

UK population rises to 68.3 million, driven by immigration

LONDON (Reuters) – The United Kingdom’s population grew by 1% in annual terms to 68.3 million as of mid-2023, mainly due t..

Thirty marathons in 30 days: Briton tests his stamina to raise funds for rare disease

Thirty marathons in 30 days: Briton tests his stamina to raise funds for rare disease

  By Horaci Garcia and Nacho Doce BARCELONA (Reuters) – When Mike Humphreys finished his 42 kilometre (26.1 miles) run in B..