UK shoppers pick up their spending, signalling quick end to recession
By Suban Abdulla LONDON (Reuters) -British retail sales jumped by the most in almost three years in January as consumers recovered the..
Headlines
Headlines
Eni beats Q4 profit forecasts helped by favourable arbitration
By Francesca Landini MILAN (Reuters) -Italian energy group Eni on Friday reported fourth-quarter adjusted net profit of 1.64 billion e..
Headlines
Swiss Re 2023 net profit surges, in line with expectations
FRANKFURT (Reuters) -Reinsurance company Swiss Re said on Friday that net profit for 2023 surged 580%, in line with expectations, as i..
Headlines
Mahindra to use Volkswagen electric components, battery cells
BERLIN (Reuters) -Volkswagen and Mahindra & Mahindra Ltd have signed a supply agreement on the use of key electric components of ..
Headlines
ECB’s Villeroy: should not hold off first rate cut for too long
PARIS (Reuters) – There are several compelling reasons why the European Central Bank should not hold off for too long on an ini..
Headlines
Britain’s Labour Party wins by-election in southwestern English town
LONDON (Reuters) -Britain’s opposition Labour Party won a contest for a new lawmaker in the southwestern English town of Kingsw..
Headlines
Australia’s QBE Insurance annual profit more than doubles but misses view
By Echha Jain (Reuters) -Australia’s QBE Insurance Group’s full-year profit more than doubled on Friday, helped by higher..
Headlines
UK’s Costa Coffee to give workers 9% pay rise
LONDON (Reuters) – Britain’s Costa Coffee will give over 15,000 hourly-paid workers an average 9% pay increase from April ..
Headlines
Jet engine maker Safran raises dividend on profit jump and growth outlook
PARIS (Reuters) -French jet engine maker Safran posted sharply higher revenue and operating profit for 2023, raised its dividend and p..
Headlines
Cisco to cut more than 4,000 jobs, lowers annual revenue forecast
By Akash Sriram (Reuters) -Cisco Systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annua..
Headlines
Swedish union to exempt some Tesla cars from mechanic strike
STOCKHOLM (Reuters) – Swedish labour union IF Metall on Wednesday said it would permit its mechanics to fix some Tesla cars at i..
Headlines
India’s Bosch posts Q3 profit climb on healthy auto parts demand
BENGALURU (Reuters) – Bosch, the Indian arm of German automotive supplier Robert Bosch GmbH, reported a 62.5% climb in third-qua..
Headlines
TUI swings to surprise first-quarter profit on robust travel demand
By Joanna Plucinska and Ilona Wissenbach LONDON (Reuters) – Europe’s largest travel operator TUI on Tuesday reported far b..
Headlines
German economy expected to grow in 2024, official says
BERLIN (Reuters) – Germany is not in recession and its economy is expected to grow in 2024, Chancellor Olaf Scholz’s chief..
Headlines
The hardest job in the world’: Siberian shipyard workers brave freezing cold
YAKUTIA, Russia (Reuters) – A drone flies low over a snow-covered shipyard in Russia’s Far East, where workers toil in su..
Headlines
Asia stocks nudge higher, dollar steady ahead of US inflation report
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks inched higher and the dollar held steady on Tuesday ahead of a key U.S. in..
Headlines
Displaced Gaza doctor offers free medical help for children from his tent
By Saleh Salem RAFAH, Gaza Strip (Reuters) – The long queue of anxious parents waiting outside paediatrician Rajaa Okasha’..
Headlines
AI frenzy puts Nvidia briefly ahead of Amazon in market value
(Reuters) -Nvidia briefly surpassed Amazon.com Inc in market capitalization on Monday, as the euphoria around artificial intelligence..
Headlines
German commercial property prices post biggest-ever drop, data shows
By Tom Sims FRANKFURT (Reuters) -German commercial property prices fell 12.1% in the final three months of 2023 compared with a year e..
Headlines
Battery maker ACC secures financing for three European factories
By Gilles Guillaume PARIS (Reuters) – European auto battery manufacturer ACC, co-owned by Stellantis, Mercedes and TotalEnergies..
Headlines
Novo Nordisk’s controlling shareholder plans to invest up to $7 billion a year by 2030 – FT
(Reuters) – Novo Holdings, the controlling shareholder of Danish obesity drugmaker Novo Nordisk, plans to invest up to $7 billio..
Headlines
Google pledges 25 million euros to boost AI skills in Europe
By Martin Coulter LONDON (Reuters) – Google has pledged 25 million euros ($26.98 million) to help people in Europe learn to use ..
Headlines
Oil starts week lower after Israel says ‘concluded’ Gaza strikes
By Sudarshan Varadhan (Reuters) – Oil prices fell in early Asian trade on Monday after Israel said it had “concluded”..
Headlines
UK employers plan smaller pay rises for 2024: CIPD
By David Milliken LONDON (Reuters) – British employers plan smaller pay rises over the coming year than they did three months a..
Headlines
Roche cutting 345 jobs in product development – media
ZURICH (Reuters) – Roche is cutting 345 jobs, Swiss website Muula reported, as the drugs company responds to lower profit posted..
Headlines
Dollar slips as market awaits data for direction
By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The dollar slid further on Wednesday as it consolidates a bounce in ..
Headlines
Equinor trims cash payouts, share price drops 7%
By Nerijus Adomaitis and Nora Buli LONDON (Reuters) – Equinor said on Wednesday it would cut its overall cash returns to shareho..
Headlines
Global stocks hit two-year highs, as dollar eases
By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) -Global equities rose to a more than two-year high and the S&P 500 t..
Headlines
Big Oil offers record returns to lure investors back
By Ron Bousso LONDON (Reuters) – Big Oil firms are handing shareholders more money than ever and are promising more going forwar..
Headlines
Nvidia’s stock market value on verge of overtaking Amazon
By Noel Randewich (Reuters) – Wall Street’s enthusiasm about artificial intelligence has Nvidia on the verge of becoming ..
Headlines
Prince William back to work after Kate’s surgery and King Charles’ cancer
By Michael Holden LONDON (Reuters) -Britain’s Prince William returned to public duty on Wednesday following his wife Kate’..
Headlines
Aircraft lessor DAE expects further Boeing delays
(Reuters) – A production cap and recent incidents with Boeing’s 737 MAX aircraft will “undoubtedly” impede the..
Headlines
Gucci’s new designer in focus as Kering plots future growth
By Mimosa Spencer and Elisa Anzolin PARIS/MILAN (Reuters) – Investors will be looking to see if Gucci’s new creative dir..
Headlines
Siemens investors call for further unbundling of the group
By John Revill ZURICH (Reuters) – Two of Siemens’s largest investors have called for the German engineering group to sim..
Headlines
Time is right to step up investment, Sainsbury’s CEO says
LONDON (Reuters) – British supermarket Sainsbury’s believes that having improved its financial performance over the last t..
Headlines
‘Long and tedious journey’: companies sour on China outlook
By Helen Reid, Emma Rumney and Ananya Mariam Rajesh (Reuters) – Some of the world’s top food, drinks and tech companies ha..
Headlines
Aston Martin is hunting for a new CEO – Bloomberg News
(Reuters) – British luxury carmaker Aston Martin is reaching out to current and former heads of automakers to succeed Amedeo Fel..
Headlines