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Vitol to spend half of its capex on low-carbon, renewables -CEO
LONDON (Reuters) – The world’s top independent energy trader Vitol will invest around half of its $2 billion capital expe..
Headlines
Volkswagen picks firm for Xinjiang site labour audit -sources
SHANGHAI/FRANKFURT/BERLIN (Reuters) – Volkswagen has found a company to conduct a labour audit at a site in Xinjiang, China, wh..
Headlines
Poland, EU’s biggest poultry producer, reports bird flu outbreak
PARIS (Reuters) -Poland, the European Union’s largest poultry producer, has reported an outbreak of the highly contagious H5N1 ..
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EU Commission proposes measures to curb microplastic pollution from pellets
By Marine Strauss and Julia Payne BRUSSELS (Reuters) -The European Commission proposed measures on Monday to prevent microplastic pol..
Headlines
Global smartphone market slumps to lowest Q3 level in decade – Counterpoint
(Reuters) – The global smartphone market contracted by 8% to its lowest third-quarter level in a decade on subdued demand for m..
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Britain pulls rules aimed at applying lessons from Carillion, BHS, collapses
By Huw Jones LONDON (Reuters) – Britain on Monday unexpectedly scrapped “burdensome” draft rules is has already put..
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Dollar gains against yen, eases against euro
By Karen Brettell NEW YORK (Reuters) – The dollar was mixed on Monday before a week heavy with speeches by Federal Reserve offi..
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Pfizer’s foggy COVID outlook hits vaccine maker shares
By Michael Erman and Manas Mishra (Reuters) -Pfizer on Monday set off a fresh round of concern about the size of the COVID-19 vaccine..
Headlines
Italy unveils tax-cutting 2024 budget amid debt worries
By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Italy’s government on Monday approved a budget for next year with measures wo..
Headlines
Bank of England considers changes to regulation of foreign bank branches
By Huw Jones LONDON (Reuters) -The Bank of England said on Monday it was thinking about possible changes to how it regulates branches..
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Oil fall below $90 a barrel on report of US-Venezuela deal
By Erwin Seba HOUSTON (Reuters) -Oil futures fell on Monday on a report the U.S. and Venezuela could soon reach a deal to ease sancti..
Headlines
As global debt worries mount, is another crisis brewing?
By Yoruk Bahceli, Dhara Ranasinghe and Maria Martinez LONDON (Reuters) – Record debts, high interest rates, the costs of climat..
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Wall Street rallies, Treasury yields rise as high profile earnings loom
By Stephen Culp NEW YORK (Reuters) – Wall Street rebounded from Friday’s selloff and benchmark Treasury yields rose as in..
Headlines
Tesla earnings: investors watching margins, deliveries, self-driving
By Akash Sriram (Reuters) – Tesla’s margins are likely to drop in the third quarter and take a bigger hit in the last thr..
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BioNTech warns of write-off of up to 900 million euros on COVID vaccine
By Ludwig Burger BERLIN (Reuters) – Shares in Germany’s BioNTech fell on Monday after it flagged write-downs of up to 900..
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Bayer to introduce its direct-seeded rice system in the Philippines
MANILA (Reuters) – Bayer AG said on Monday it plans to bring its direct-seeded rice programme to the Philippines in 2024, offer..
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Polish stocks rise in first session after parliamentary election
GDANSK (Reuters) – Polish stocks rallied on Monday after the ruling nationalists looked to have fallen short of a parliamentary..
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Atos Chairman Meunier steps down amid shareholders’ uproar
(Reuters) – Atos Chairman Bertrand Meunier has stepped down, the French IT consulting group said on Monday, following an uproar..
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Dollar buoyed by safe-haven bids, rate jitters
By Rae Wee SINGAPORE (Reuters) – The dollar was on the front foot on Monday in cautious trade as tensions in the Middle East es..
News
Artificial heart maker Carmat completes 7 million euro capital increase
PARIS (Reuters) – Artificial heart maker Carmat, whose financial situation has been under pressure, said on Monday that it had ..
Headlines
KKR prepares binding bid for Telecom Itali a’s grid as deadline looms
By Elvira Pollina MILAN (Reuters) – U.S. fund KKR is preparing to submit a multibillion euro bid for Telecom Italia’s (TI..
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Dollar softens slightly, yen in touching distance of 150
By Samuel Indyk and Brigid Riley LONDON (Reuters) – The U.S. dollar edged lower on Friday after its biggest daily increase sinc..
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Porsche: deliveries up in every region but China in first 9 months of 2023
BERLIN (Reuters) – Porsche said on Friday that deliveries worldwide for the first nine months of 2023 were up 10% on the year, ..
Headlines
Map maker TomTom’s Q3 loss narrows boosted by car branch growth
(Reuters) -Digital mapping specialist TomTom on Friday reported a smaller than expected operating loss for the third quarter, driven ..
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Singapore Q3 GDP up 0.7% y/y
SINGAPORE (Reuters) – Singapore’s economy grew faster than expected in the third quarter, preliminary government data sho..
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EU opens probe into X in test of new tech rules, pressure on TikTok, Meta
By Foo Yun Chee and Sheila Dang BRUSSELS/DALLAS (Reuters) -EU industry chief Thierry Breton on Thursday opened an investigation into ..
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TitanML Secures $2.8M to Solve the LLM Deployment Nightmare Plaguing Machine Learning Teams
TitanML’s deep learning deployment platform empowers enterprises to unlock the true value of AI investment by making LLM deployments ..
Technology
Ericsson books $3 billion impairment, says Q3 core profit fell 39%
STOCKHOLM (Reuters) -Ericsson on Wednesday announced a 32 billion Swedish crown ($2.9 billion) impairment charge related to its acqui..
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Best industries for project managers
The role of a project manager is akin to that of a ship’s captain in turbulent waters. They steer the ship, chart the co..
Opinion
Travis Perkins shares sink as weak housing market prompts profit warning
By Sarah Young LONDON (Reuters) -Travis Perkins, Britain’s biggest supplier of building materials, downgraded its annual profit..
Headlines
Asia stocks hit 2-week high as Fed talk turns dovish
By Tom Westbrook SINGAPORE (Reuters) – Asia’s stockmarkets rose on Wednesday and the dollar beat a retreat as a dovish sh..
Headlines
Euribor revamp aims to attract wider pool of banks
By Marc Jones and Huw Jones LONDON (Reuters) – Administrators of the Euribor bank-to-bank lending rate are proposing a revamp o..
Headlines
HP forecasts 2024 profit in line with estimates, boosts annual dividend
(Reuters) -HP Inc on Tuesday forecast fiscal 2024 earnings largely in line with estimates and raised its annual dividend, reflecting ..
Headlines
Exclusive-EU push for Big Tech to fund 5G rollout shelved to 2025, sources say
By Foo Yun Chee BRUSSELS (Reuters) -Europe’s telecoms operators pushing for Big Tech to help pay for the rollout of 5G and broa..
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Court OKs Mallinckrodt restructuring, $1 billion cut to opioid settlement
By Dietrich Knauth (Reuters) -Drugmaker Mallinckrodt on Tuesday won court approval for a bankruptcy plan that cuts $1 billion from wh..
Headlines
Estonia launches investigation into underwater communications cable malfunction -PM
(Reuters) – Estonia has launched an investigation into the malfunction of communications cable connecting it to Finland under t..
Headlines