L’Oréal denies report saying it suspended Twitter ad spending
(Reuters) -Cosmetics maker L’Oréal SA said it had not suspended advertising spending on Twitter, denying a Financial Times repor..
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Mickey Mouse, Spider-Man, Super Mario added to Russia’s parallel imports scheme
(Reuters) – Moscow on Wednesday added Walt Disney, Marvel and DC Comics to a list of brands that can be imported without permiss..
Headlines
Cyclicals, BAT drag FTSE 100 lower ahead of Fed decision
By Johann M Cherian and Sruthi Shankar (Reuters) – UK’s FTSE 100 index slipped on Wednesday, weighed down by cyclical sect..
Headlines
UK considering delay to Northern Ireland elections, Ireland minister says
By Amanda Ferguson BELFAST (Reuters) -The UK government could change the law to delay elections in Northern Ireland, the Republic of I..
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Tesco wins appeal in trademark fight with Lidl in UK court
By Sam Tobin (Reuters) – Britain’s biggest retailer Tesco can argue at trial that discount supermarket Lidl applied for trademar..
Headlines
Russian retail sales fall deeper, jobless rate rises in Sept – data
MOSCOW (Reuters) – Russian retail sales fell deeper and the jobless rate slightly increased in September, official data from the..
Headlines
Yum beats sales estimates as customers flock to KFC, Taco Bell deals
By Uday Sampath Kumar (Reuters) -Yum Brands Inc beat Wall Street estimates for quarterly comparable sales on Wednesday, as the company..
Investment
World’s top bankers expect markets to stay turbulent
By Xie Yu and Summer Zhen HONG KONG (Reuters) – Central banks will get inflation under control, but there will be turbulence in ..
Headlines
Energy crisis putting most German firms under duress -survey
BERLIN (Reuters) -The energy crisis is impacting nearly every branch of the German economy, with the number of companies that see high..
Headlines
Russian gold miner Polymetal’s Q3 revenue down 13% y/y
MOSCOW (Reuters) -Polymetal’s third-quarter revenue fell by 13% year on year to $714 million due to accumulated inventory and lo..
Headlines
Central banks ease off on rate hike push in October
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks around t..
Headlines
Britain’s Metro Bank returned to profit in September, sees no customer stress
LONDON (Reuters) – Metro Bank said on Wednesday it returned to profit in September by keeping a tight rein on costs and has so f..
Headlines
Britain’s Next sticks to outlook after quarterly sales rise
By James Davey LONDON (Reuters) -British clothing retailer Next reaffirmed full-year guidance that was cut in September as it reported..
Headlines
Catering group Sodexo targets operating margin above 6% in 2025
(Reuters) -French catering and food services group Sodexo onWednesday forecast organic sales growth of between 6% and 8% for fiscal 20..
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Big brands set to miss plastic sustainability targets
By Joe Brock SINGAPORE (Reuters) – Some of the world’s biggest consumer goods companies, including PepsiCo, Mars and Nestl..
Headlines
Quebec’s elected officials must swear oath to King Charles to sit in National Assembly
(Reuters) – Quebec National Assembly speaker ruled on Tuesday that all elected members must swear an oath to Britain’s Kin..
Headlines
CVS, Walmart, Walgreens agree to pay $13.8 billion to settle U.S. opioid claims – sources
By Brendan Pierson (Reuters) -CVS Health Corp, Walgreens Boots Alliance Inc and Walmart Inc have tentatively agreed to pay about $13.8..
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Asian shares rise, dollar dips ahead of Fed policy decision
By Stella Qiu SYDNEY (Reuters) – Asian shares climbed on Wednesday, led by Chinese stocks on reopening hopes, while the dollar s..
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EA lowers bookings expectation on strong dollar, gaming slowdown
By Tiyashi Datta and Aditya Soni (Reuters) -Electronic Arts Inc lowered its annual bookings forecast on Tuesday as the publisher of &#..
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France’s Thales says hackers claim to have stolen data
PARIS (Reuters) -French defence and technology group Thales said on Tuesday the hacker group LockBit 3.0 claimed to have stolen some o..
Headlines
Robinhood, Coinbase find sanctuary in interest income amid market rout
By Niket Nishant and Manya Saini (Reuters) – For U.S. online trading companies an often-overlooked financial metric could act as..
Headlines
European shares kick off November on bright note
By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares gained on Tuesday, starting November on an upbeat note amid growing h..
Headlines
Elon Musk, who runs four other companies, will now be Twitter CEO
(Reuters) -Tesla Inc boss Elon Musk said on Monday he will serve as chief executive of Twitter, the social media company he just bough..
Headlines
Thomson Reuters keeps outlook, but wary of slowing economy
By Nick Zieminski and Kenneth Li NEW YORK (Reuters) -Thomson Reuters Corp kept its financial guidance for this year and next after a f..
Headlines
European stocks hit six-week high on hopes for rate hike slowdown
By Elizabeth Howcroft LONDON (Reuters) -European stocks rose on Tuesday and the positive market sentiment was set to continue on Wall ..
Finance
Scientists in Germany turn up heat on seagrass in climate change fight
BERLIN (Reuters) – Scientists in Germany are working on ways to restore seagrass fields in the Baltic Sea, vast natural sinks th..
Headlines
Cryptoverse: Bitcoin wants to break its bond with stocks
(Our weekly analysis of the wild world of cryptocurrencies. Repeats for additional subscribers) By Lisa Pauline Mattackal and Medha Si..
Finance
Chinese fashion retailer Shein to open permanent ‘event space’ in Tokyo
TOKYO (Reuters) – Chinese fashion retailer Shein is to open its first permanent premises in Tokyo this month, the company said o..
Headlines
Frankfurt steps up efforts to shift euro clearing from London
By Huw Jones LONDON (Reuters) – Deutsche Boerse’s derivatives division stepped up efforts on Tuesday to attract a bigger s..
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Prosus and Naspers deny report they are in talks to sell Tencent stake
AMSTERDAM (Reuters) -Technology investment firm Prosus NV and its South African parent Naspers on Tuesday rejected as “untrue..
Headlines
Exclusive-Tesla plans mass production start for Cybertruck at end of 2023-sources
(Reuters) – Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the..
Headlines
UK’s National Grid launches 50 million pound energy support fund
By Nina Chestney LONDON (Reuters) – Britain’s National Grid said on Tuesday it has launched a 50 million pound ($58 millio..
Headlines
NFON Takes the Pulse of Working from Home in the UK
UK workers have most cramped homeworking space in Europe and are more likely to resort to working in the toilet, bathroom or b..
Opinion
BP sees $2.5 billion UK tax bill this year including windfall levy
LONDON (Reuters) – BP expects to pay around $2.5 billion in taxes for its British North Sea business this year, including $800 m..
Headlines
Dutch chemicals group DSM cuts profit target as costs soar
By Tristan Chabba (Reuters) -Dutch specialty chemicals maker DSM on Tuesday lowered its 2022 outlook after it saw energy and raw mater..
Headlines
Musk’s lenders prepare to hold $12.7 billion Twitter debt on books until early 2023 – FT
(Reuters) – Banks that lent $12.7 billion to Elon Musk for his $44 billion Twitter takeover will hold the debt until early next ..
Headlines
Toyota cuts output target amid chip crunch as profit tumbles 25%
TOKYO (Reuters) -Toyota Motor Corp on Tuesday posted a worse-than-expected 25% drop in quarterly profit and cut its annual output targ..
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