Headlines

Cellnex sells stake in units in Sweden, Denmark for $772 million to Stonepeak

Cellnex sells stake in units in Sweden, Denmark for $772 million to Stonepeak

MADRID (Reuters), it – Spanish mobile phone tower operator Cellnex said on Friday it sold a 49% stake in its Swedish and Danish..

Nobel Peace Prize could honour Indigenous, women or green activists

Nobel Peace Prize could honour Indigenous, women or green activists

By Gwladys Fouche and Ilze Filks OSLO/STOCKHOLM (Reuters) – Ukrainian President Volodymyr Zelenskiy and Russian dissident Alexe..

Heavy winter sweaters, coats pile up at stores as warm weather threatens holiday shopping season

Heavy winter sweaters, coats pile up at stores as warm weather threatens holiday shopping season

By Ananya Mariam Rajesh (Reuters) – Unseasonably warm autumn weather from the United States to Europe is denting sales of heavy..

Meta’s new AI assistant trained on public Facebook and Instagram posts

Meta’s new AI assistant trained on public Facebook and Instagram posts

By Katie Paul MENLO PARK, California (Reuters) -Meta Platforms used public Facebook and Instagram posts to train parts of its new Met..

UK business confidence slips in September: Lloyds Bank

UK business confidence slips in September: Lloyds Bank

LONDON (Reuters) – British business confidence declined in September as optimism about the economic outlook faded, a survey sho..

Exclusive-Travelex owners considering sale of company –sources

Exclusive-Travelex owners considering sale of company –sources

By Amy-Jo Crowley and Pablo Mayo Cerqueiro LONDON (Reuters) – Travelex’s owners are exploring a sale of the British curre..

Oil jumps 3% as steep US crude stocks draw adds to supply concerns

Oil jumps 3% as steep US crude stocks draw adds to supply concerns

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices surged 3% on Wednesday, after U.S. crude stocks fell more than expected, adding to..

Sizes of European government debt trades halve in 2023-ICMA

Sizes of European government debt trades halve in 2023-ICMA

By Yoruk Bahceli (Reuters) – Investors are having to put on much smaller trades more frequently in Europe’s government bo..

Meta’s new Quest headset to start shipping on Oct 10 -Zuckerberg

Meta’s new Quest headset to start shipping on Oct 10 -Zuckerberg

By Katie Paul and Anna Tong MENLO PARK, California (Reuters) -Meta Platforms’ newest Quest mixed-reality headset will start shi..

Bank of England to leave rates on hold through mid-2024, cut in Q3: Reuters poll

Bank of England to leave rates on hold through mid-2024, cut in Q3: Reuters poll

By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England has concluded its tightening cycle and will likely keep the Bank..

French shoppers buy fewer tampons, less detergent as prices surge

French shoppers buy fewer tampons, less detergent as prices surge

By Richa Naidu and Helen Reid LONDON (Reuters) – French consumers are buying fewer personal hygiene and household products, sacr..

Shutdown showdown in US Congress: Time running short to fund government

Shutdown showdown in US Congress: Time running short to fund government

By David Morgan and Andy Sullivan WASHINGTON (Reuters) – The U.S. House and Senate on Tuesday plan to take sharply divergent pat..

Three-quarters of firms globally are not ready for new ESG rules, KPMG finds

Three-quarters of firms globally are not ready for new ESG rules, KPMG finds

LONDON (Reuters) – Three-quarters of companies globally are not ready to have their environmental, social and governance (ESG) d..

Equities fall as U.S. Treasury yields, dollar stay elevated

Equities fall as U.S. Treasury yields, dollar stay elevated

By Sinéad Carew NEW YORK (Reuters) – Equities around the world were lower on Tuesday in a choppy trading session as Treasury y..

UK home secretary warns uncontrolled migration poses ‘existential challenge’

UK home secretary warns uncontrolled migration poses ‘existential challenge’

By Andrew MacAskill LONDON (Reuters) -Britain’s Home Secretary Suella Braverman warned on Tuesday uncontrolled migration poses a..

French retailers E-Leclerc and Carrefour say they will sell fuel at cost

French retailers E-Leclerc and Carrefour say they will sell fuel at cost

By Blandine Henault and Forrest Crellin PARIS (Reuters) -France’s two largest food retailers, E-Leclerc and Carrefour, said on ..

Exclusive-Cinven bought Eurovita bonds from GIC, others to help liquidation-source

Exclusive-Cinven bought Eurovita bonds from GIC, others to help liquidation-source

By Valentina Za and Emilio Parodi MILAN (Reuters) – Private equity firm Cinven has agreed to buy back 160 million euros ($170 m..

Novartis confirms Sandoz spin-off for October 4, 2023

Novartis confirms Sandoz spin-off for October 4, 2023

ZURICH (Reuters) – Novartis on Monday confirmed its plans for a 100% spin-off of the Sandoz business on Oct. 4 after shareholde..

Lego abandons effort to make oil-free bricks – FT

Lego abandons effort to make oil-free bricks – FT

(Reuters) – Danish Toymaker Lego has abandoned its effort to ditch oil-based plastics from its bricks after finding that its ne..

Macron wants fuel industry to sell at cost price

Macron wants fuel industry to sell at cost price

PARIS (Reuters) – French President Emmanuel Macron said on Sunday the government would ask the fuel industry to sell at cost pr..

Safran CEO sees supply chain pressure through 2024

Safran CEO sees supply chain pressure through 2024

PARIS (Reuters) -Global aerospace supply chains will remain under pressure throughout 2024, Safran CEO Olivier Andries said on Friday..

UK’s Mothercare says it expects to complete refinancing shortly

UK’s Mothercare says it expects to complete refinancing shortly

(Reuters) -Mothercare expects to complete a refinancing shortly and will remain in discussions with stakeholders and financing partne..

France’s Eramet and Suez pick Dunkirk for EV battery recycling

France’s Eramet and Suez pick Dunkirk for EV battery recycling

PARIS (Reuters) – Eramet and Suez have chosen Dunkirk as the location for a planned electric vehicle (EV) battery recycling fac..

Analysis-A year after budget crisis, UK debt faces fresh pensions headwind

Analysis-A year after budget crisis, UK debt faces fresh pensions headwind

By Yoruk Bahceli and Carolyn Cohn LONDON (Reuters) – Britain’s pensions industry, Europe’s biggest, is posing a new..

Warner Bros to expand British studios’ production capacity by over 50%

Warner Bros to expand British studios’ production capacity by over 50%

By David Lawder (Reuters) -Warner Bros Discovery on Thursday said it planned to expand production capacity at its Leavesden studios n..

Irish consumer sentiment drops to six-month low, survey shows

Irish consumer sentiment drops to six-month low, survey shows

DUBLIN (Reuters) – Irish consumer sentiment slumped to a six-month low in September, a survey showed on Friday, pointing to an ..

UK’s Hunt says unclear when taxes can be cut amid interest cost pressure

UK’s Hunt says unclear when taxes can be cut amid interest cost pressure

By David Lawder (Reuters) -British finance minister Jeremy Hunt said on Thursday that higher long term interest rates were pressuring..

Russia temporarily bans fuel exports to most countries in response to shortages

Russia temporarily bans fuel exports to most countries in response to shortages

MOSCOW (Reuters) -Russia has temporarily banned exports of gasoline and diesel to all countries outside a circle of four ex-Soviet st..

More than a fifth of cars sold in EU in August were full EVs – ACEA

More than a fifth of cars sold in EU in August were full EVs – ACEA

By Nick Carey LONDON (Reuters) – Just over one in five new cars sold in the European Union in August was fully electric, as sal..

Oil falls ahead of Fed rate policy announcement

Oil falls ahead of Fed rate policy announcement

By Yuka Obayashi and Emily Chow TOKYO (Reuters) – Oil prices retreated further from 10-month highs on Wednesday ahead of the U...

King Charles heads to France for three-day state visit

King Charles heads to France for three-day state visit

By Elizabeth Pineau and Michael Holden PARIS (Reuters) – King Charles will arrive in France on Wednesday for a three-day state ..

UK PM Sunak to announce more ‘proportionate’ climate response

UK PM Sunak to announce more ‘proportionate’ climate response

By Elizabeth Piper and William James LONDON (Reuters) -British Prime Minister Rishi Sunak will give a speech this week in which he is..

Musk’s Neuralink to start human trial of brain implant for paralysis patients

Musk’s Neuralink to start human trial of brain implant for paralysis patients

(Reuters) -Billionaire entrepreneur Elon Musk’s brain-chip startup Neuralink said on Tuesday it has received approval from an i..

Novo Nordisk contracts South Africa’s Aspen to produce insulin for African nations

Novo Nordisk contracts South Africa’s Aspen to produce insulin for African nations

By Maggie Fick LONDON (Reuters) – Novo Nordisk has contracted Aspen Pharmacare to produce human insulin on its behalf in South ..

B&Q owner Kingfisher cuts profit forecast as Poland, France drag

B&Q owner Kingfisher cuts profit forecast as Poland, France drag

By Sarah Young LONDON (Reuters) -European home improvement retailer Kingfisher downgraded its annual profit forecast by 7% on Tuesday..

UK’s Hargreaves Lansdown bets on increased savings to sustain growth

UK’s Hargreaves Lansdown bets on increased savings to sustain growth

By Khushi Mandowara (Reuters) -Hargreaves Lansdown is betting on savers to fuel growth despite subdued investment and trading activit..

Tour operator TUI confirms full-year outlook on back of strong bookings

Tour operator TUI confirms full-year outlook on back of strong bookings

By Joanna Plucinska LONDON (Reuters) -Tour group TUI on Tuesday confirmed its full-year outlook for the 2023 financial year, citing s..