Ericsson signs 5G ORAN deal with Spain’s MasOrange
By Supantha Mukherjee STOCKHOLM (Reuters) – Ericsson has signed a 5G deal with Spain’s largest telecoms operator, M..
Business
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More companies planning price hikes in Germany, survey finds
BERLIN (Reuters) – Companies in Germany’s industrial, retail and corporate services sectors are planning more price..
Headlines
Covestro trims 2024 profit target again in a tough economy
(Reuters) -German chemicals maker Covestro lowered the upper end of its full-year core profit forecast range on Tuesday for the second..
Business
Volkswagen’s Traton reports higher sales in weak truck market
(Reuters) -Volkswagen’s truck unit Traton on Monday reported a 3% rise in nine-month revenue amid subdued demand for comm..
Finance
Novartis to pay Monte Rosa $150 million upfront to develop a new class of drugs
(Reuters) – Swiss pharmaceutical giant Novartis will pay Monte Rosa Therapeutics $150 million upfront payment for a globa..
Headlines
London stocks climb, energy shares keep gains in check
By Shubham Batra (Reuters) – The UK’s benchmark FTSE 100 index rose on Monday, led by travel and leisure shares as Trainli..
Finance
Analysis-Bricks over clicks as shops come back into fashion in Europe
By Alberto Chiumento and Paolo Laudani (Reuters) – The rise of online shopping has led to swathes of store closures, casting dou..
Business
Norway’s wealth fund falls short on climate ambitions, NGO says
By Gwladys Fouche OSLO (Reuters) – The world’s largest sovereign wealth fund is falling short on its own climate expectati..
Investment
G20 welcomes recommendations to unlock funding for climate transition projects
By Marcela Ayres WASHINGTON (Reuters) -A group of funds backed by the world’s 20 largest economies aimed at financing cli..
Headlines
Exclusive-JBS, Sigma vie for Kraft Heinz’s $3 billion hot-dog business, sources say
By Abigail Summerville NEW YORK (Reuters) – Brazilian meatpacker JBS and Mexico’s Sigma Alimentos are among those c..
Headlines
Accor adjusts guidance as it sees strong demand at luxury hotels
By Marta Maciag and Nathan Vifflin (Reuters) -Accor, Europe’s largest hotel group by portfolio, on Thursday raised the bo..
Headlines
European shares end flat as economic woes overshadow upbeat earnings
By Paolo Laudani, Ankika Biswas and Johann M Cherian (Reuters) -European shares gave up early gains to close little changed on ..
Headlines
Harley-Davidson lowers full-year revenue forecast on weak demand
By Kannaki Deka and Nathan Gomes (Reuters) -Harley-Davidson cut its annual revenue forecast as sticky inflation and high borrow..
Headlines
Tesla promises paid robotaxis next year, but significant hurdles remain
By Chris Kirkham (Reuters) -Tesla CEO Elon Musk on Wednesday said the electric vehicle maker will roll out driverless ride-hail..
Headlines
FTSE 100 closes higher on earnings boost
By Pranav Kashyap (Reuters) -London’s blue-chip stock index edged higher on Thursday, buoyed by upbeat corporate earnings..
Headlines
Allianz weighs options for AllianzGI unit, sources say
By Amy-Jo Crowley, Alexander Hübner, Andres Gonzalez and Anousha Sakoui LONDON (Reuters) – Allianz is weighing options fo..
Headlines
ECB hawks push back against bets on more and bigger cuts
By Balazs Koranyi WASHINGTON (Reuters) -Three European Central Bank officials tried to cool market speculation on bigger intere..
Headlines
Europe struggling to meet offshore wind targets, industry heads and lawmakers say
By Jacob Gronholt-Pedersen and Stine Jacobsen ODENSE, Denmark (Reuters) – Europe is falling behind its own ambitious targ..
Headlines
Global commercial insurance rates show first quarterly fall in seven years, Marsh says
LONDON (Reuters) – Global commercial insurance rates fell 1% in the third quarter of 2024, the first quarterly decline re..
Headlines
Italgas posts third-quarter core profit up 10.9% ahead of 2i Rete Gas acquisition
(Reuters) -Europe’s biggest gas distributor Italgas on Thursday reported 10.9% growth in third-quarter adjusted core earn..
Business
Harry Potter publisher Bloomsbury tracks ahead of FY24-25 expectations on fantasy-fiction demand
(Reuters) -UK’s Bloomsbury Publishing on Thursday said trading in fiscal year 2024-2025 will be ahead of current expectat..
Headlines
IBM misses third-quarter revenue estimates as consulting drags; shares fall
By Arsheeya Bajwa (Reuters) -International Business Machines missed analysts’ estimates for third-quarter revenue on Wedn..
Headlines
Wolfspeed shelves plans to build chip factory in Germany
(Reuters) -Wolfspeed has shelved plans to build a semiconductor factory in Ensdorf, Germany, due to slower electric vehicle ado..
Headlines
IMF says UK should shield investment while curbing debt
By David Lawder and David Milliken WASHINGTON (Reuters) -Britain should bring public debt under control in a way that preserves..
Headlines
Mike Ashley’s Frasers drops plan to buy luxury brand Mulberry
(Reuters) -British sportswear and apparel retailer Frasers Group walked away from its attempts to buy Mulberry on Wednesday, ci..
Headlines
French bond investors brace for Moody’s rating review
By Stefano Rebaudo (Reuters) – Rating agency Moody’s will review France’s sovereign rating on Friday in what ..
Headlines
Euro zone consumer confidence rises to -12.5 in October
(Reuters) – Euro zone consumer confidence rose by 0.4 points in October from the September number, figures released on We..
Headlines
Air Liquide confirms full-year targets after in-line quarter
By Olivier Cherfan (Reuters) -French industrial gases supplier Air Liquide reported third-quarter revenue in line with market e..
Headlines
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 2025 based on a moderate crude surplus and spare ..
Headlines
L’Oreal third quarter sales disappoint as China spends less on beauty
By Dominique Patton PARIS (Reuters) -French cosmetics giant L’Oreal reported a rise in third quarter sales on Tuesday tha..
Headlines
OpenAI hires ex-White House official as chief economist
(Reuters) – ChatGPT parent OpenAI has tapped former White House official Aaron Chatterji as its first chief economist to ..
Technology
Germany identifies its first case of new mpox variant
BERLIN (Reuters) -Germany has detected its first case of the new mpox variant, the Robert Koch Institute for public health said..
Headlines
Eni to launch chemical business restructuring in coming days, sources say
MILAN (Reuters) – Italy’s Eni is expected to announce an overhaul of its chemical business in the coming days as it..
Headlines
German steelmaker Salzgitter cuts full-year guidance
(Reuters) – German steelmaker Salzgitter cut its full-year guidance on Tuesday, reporting a drop in its earnings during t..
Headlines
Brevan Howard says significant amount of its crypto trading done from UAE
By Nell Mackenzie (Reuters) – Brevan Howard does a significant amount of its crypto trading from the United Arab Emirates..
Headlines
King Charles visits melanoma clinic in Sydney and meets cancer survivors
SYDNEY (Reuters) – King Charles visited a skin cancer clinic in Sydney on Tuesday where he met cancer survivors and resea..
Headlines
German tax revenue rose 6.9% in September
BERLIN (Reuters) – Germany’s federal and state governments’ tax revenues rose 6.9% in September compared with..
Headlines