Swiss GDP growth lags expectations in Q3
ZURICH (Reuters) – The Swiss economy grew a real 0.2% in the third quarter versus the second three months of 2022 and 0.5% year-..
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Nestle nudges 2022 sales outlook higher again
ZURICH (Reuters) -Nestle has nudged its 2022 sales outlook higher again, the world’s largest packaged food company said ahead of..
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Europe on course to end winter with plenty of gas: Kemp
By John Kemp LONDON (Reuters) -Europe’s gas inventories are on course to end the winter of 2022/23 at one of the highest levels ..
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UK royals in U.S. spotlight as William and Kate visit
By Michael Holden and Sarah Mills LONDON (Reuters) – Prince William and his wife Kate fly out to the United States on Wednesday ..
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Ford recalls 634,000 vehicles worldwide over fire risks
By David Shepardson (Reuters) -Ford Motor Co is recalling 634,000 sport utility vehicles (SUVs) worldwide over fire risks from possibl..
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Italy seeks fresh options for TIM as bid for network seen fading
By Elvira Pollina and Giuseppe Fonte MILAN/ROME (Reuters) -Italy’s new government will likely need to seek fresh options for ail..
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Greece PM senses “momentum” in “Elgin Marbles” talks with Britain
LONDON (Reuters) – Greece’s Prime Minister Kyriakos Mitsotakis said on Monday there was “progress” and a sense..
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European retailers downbeat despite Black Friday boost
By Maria Sheahan, Toby Sterling and Alvise Armellini BERLIN/AMSTERDAM/MILAN (Reuters) -Europeans snapped up smartphones, Christmas dec..
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EU sets out plans to shift derivatives clearing from London to Frankfurt
By Huw Jones LONDON (Reuters) -Banks and other market participants in the European Union will have to prove to regulators that they ar..
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Five simple ways to start making passive income
Lisa Johnson By Lisa Johnson business strategist (www.lisajohnson.com) Passive income is often thought of as a new conce..
Finance
Deutsche Bank: Equity bear market rally will stretch into 2023, dollar weaker
LONDON (Reuters) – A bear market rally in equity markets will continue into next year before slumping as a recession in the worl..
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Euro zone credit growth remains brisk despite gloomy outlook
FRANKFURT (Reuters) – Bank lending to euro zone companies held steady, maintaining the sector’s biggest borrowing binge in..
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Food of the future: London air raid shelter to underground farm
By Sarah Young and Aiden Nulty LONDON (Reuters) – In an underground World War Two air raid shelter where London tube trains can ..
News
UK’s Superdry in talks with Bantry Bay to refinance $85 million facility
LONDON (Reuters) – British fashion group Superdry said it is in negotiations to refinance borrowings of up to 70 million pounds ..
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Dollar slips, while yuan slumps on COVID unrest in China
By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) – The dollar weakened on Monday as investors weighed up the recent dro..
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UK to launch new billion-pound home insulation programme
LONDON (Reuters) – Britain’s government intends to make 1 billion pounds ($1.2 billion) of public funding available for ho..
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Prague Christmas market returns after COVID but with fewer lights
PRAGUE (Reuters) – Thousands of people poured into Prague’s medieval Old Town Square at the weekend for the lighting of a ..
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UK to fine tech companies that fail to remove self-harm material
By David Milliken LONDON (Reuters) – Britain’s government intends to make it illegal to encourage others to harm themselve..
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Airbus may delay some 2023 jet deliveries: sources
By Tim Hepher PARIS (Reuters) – Airbus is preparing the ground for further delays to planned delivery dates of some medium-haul ..
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Credit Agricole is weighing foray into German car-sharing: media report
FRANKFURT (Reuters) – French bank Credit Agricole is weighing plans to offer car-sharing financial services in Germany because t..
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OPEC+ meeting to take into account market conditions – Iraqi official
CAIRO (Reuters) – The OPEC+ meeting in December will take into account the condition and balance of the market, Iraq’s sta..
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EU demands quick fix from U.S. of green subsidy law
By Philip Blenkinsop BRUSSELS (Reuters) – European Union ministers warned on Friday that time was running out to resolve differe..
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Cost-of-living crisis casts shadow over Europe’s Black Friday
By James Davey LONDON (Reuters) – Europe’s retailers are hoping Black Friday discount day will get shoppers spending, thou..
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IKEA stores owner Ingka’s annual operating profit rises 9%
By Anna Ringstrom STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores, reported on Friday a 9% rise in annual opera..
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How sharing the ups and downs of being a start up can be a recipe for success
Many entrepreneurs will have overcome a certain amount of adversity to get their business up and running. Whether this be struggling w..
Business
UK budget fashion chain Primark to invest 140 million stg in stores
LONDON (Reuters) – British fashion chain Primark set out plans to invest 140 million pounds ($169 million) in its UK store estat..
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UK energy regulator drops plan to ring fence customers’ cash
LONDON (Reuters) -British energy regulator Ofgem on Friday dropped a planned requirement for suppliers to ring fence customer credit b..
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Cost-of-living crisis casts shadow over Europe’s Black Friday
By James Davey LONDON (Reuters) -Europe’s retailers are hoping Black Friday discount day will get shoppers spending, though it t..
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Dollar set for weekly loss amid expectations Fed will slow hikes
By Rae Wee and Joice Alves SINGAPORE/LONDON (Reuters) – The U.S. dollar hovered near a three-month low on Friday and was headed ..
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Atlantia exit highlights Milan’s battle to retain market heavyweights
By Elisa Anzolin MILAN (Reuters) – The buyout of Atlantia will cut another 19 billion euros ($19.5 billion) from the value of th..
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Exclusive: Foxconn woes could hit at least 30% of iPhone Nov shipments from China plant – source
TAIPEI (Reuters) – Production of Apple Inc’s iPhones could slump by at least 30% at Foxconn’s factory in China’..
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Malaysia’s new PM Anwar says first priority is cost of living
By Mei Mei Chu KUALA LUMPUR (Reuters) – Malaysia’s newly appointed Prime Minister Anwar Ibrahim said on Friday his primary..
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British nurses to stage first strikes on Dec. 15, 20
LONDON (Reuters) – Thousands of British nurses will go on strike on Dec. 15 and 20 for more pay, their union said on Friday, add..
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UK motor and home insurers headed for heavy losses, EY warns
(Reuters) – British motor and home insurers are set for significant losses in 2022 and 2023 due to inflationary pressures and lo..
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Soccer-Ronaldo breaks record as Portugal up and running with Ghana win
By Toby Davis DOHA (Reuters) -Cristiano Ronaldo drew a line under a tumultuous tournament build-up as he wrote his name in the record ..
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Soccer-Manchester United fans want more say under any new owners
By Alan Baldwin (Reuters) -Manchester United needs new owners and fresh investment to halt years of decline and fans should be given a..
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German regulator stays vigilant as Meta changes VR headset rules
BERLIN (Reuters) – Facebook’s parent company Meta Platforms has responded to the German cartel office’s concerns by ..
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