Headlines

FTSE 100 closes higher on earnings boost

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..

Allianz weighs options for AllianzGI unit, sources say

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..

ECB hawks push back against bets on more and bigger cuts

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..

Europe struggling to meet offshore wind targets, industry heads and lawmakers say

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..

Global commercial insurance rates show first quarterly fall in seven years, Marsh says

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..

Harry Potter publisher Bloomsbury tracks ahead of FY24-25 expectations on fantasy-fiction demand

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..

IBM misses third-quarter revenue estimates as consulting drags; shares fall

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..

Wolfspeed shelves plans to build chip factory in Germany

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..

IMF says UK should shield investment while curbing debt

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..

Mike Ashley’s Frasers drops plan to buy luxury brand Mulberry

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..

French bond investors brace for Moody’s rating review

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 ..

Euro zone consumer confidence rises to -12.5 in October

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..

Air Liquide confirms full-year targets after in-line quarter

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..

Goldman sees oil prices holding around $76/bbl in 2025 on ample supply

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 ..

L’Oreal third quarter sales disappoint as China spends less on beauty

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..

Germany identifies its first case of new mpox variant

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..

Eni to launch chemical business restructuring in coming days, sources say

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..

German steelmaker Salzgitter cuts full-year guidance

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..

Brevan Howard says significant amount of its crypto trading done from UAE

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..

King Charles visits melanoma clinic in Sydney and meets cancer survivors

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..

German tax revenue rose 6.9% in September

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..

Logitech raises full-year outlook as sales and profit expectations climb

Logitech raises full-year outlook as sales and profit expectations climb

(Reuters) -Logitech International raised its full-year outlook after a strong performance and a growth in demand in the second quarter..

Analysis-Can the new CVS CEO handle the Aetna challenge?

Analysis-Can the new CVS CEO handle the Aetna challenge?

By Amina Niasse NEW YORK (Reuters) – As CVS Health’s new CEO David Joyner steps into the top job after Karen Lynch’s..

Climate scientists warn Nordic ministers of changing Atlantic Ocean current

Climate scientists warn Nordic ministers of changing Atlantic Ocean current

  COPENHAGEN (Reuters) – More than 40 climate scientists are urging Nordic ministers to prevent global warming from causing..

Retailer Carrefour reviewing work practices at Saudi partner after Amnesty raises concerns

Retailer Carrefour reviewing work practices at Saudi partner after Amnesty raises concerns

  PARIS (Reuters) -French supermarket retailer Carrefour said on Monday it is reviewing how staff are treated at Majid Al Futtaim..

Forvia clinches new supply deals with China’s BYD and Xiaomi, shares jump

Forvia clinches new supply deals with China’s BYD and Xiaomi, shares jump

By Nathan Vifflin and Mara Vilcu (Reuters) -French car part supplier Forvia has secured new deals with Chinese automakers BYD and Xiao..

STOXX 600 subdued with key earnings on tap; energy shares jump

STOXX 600 subdued with key earnings on tap; energy shares jump

By Paolo Laudani and Ankika Biswas (Reuters) -European shares struggled for direction on Monday, after two back-to-back weekly gains, ..

German producer prices fall more than expected in September

German producer prices fall more than expected in September

  BERLIN (Reuters) – German producer prices fell more than expected in September, declining 1.4% year on year, due mainly t..

Tepid start to week for world stocks, but gold, bitcoin shine

Tepid start to week for world stocks, but gold, bitcoin shine

  By Medha Singh and Rae Wee LONDON (Reuters) – Global stocks kicked off the week on a tepid note on Monday, after strong g..

Sanofi reaches deal on terms of sale of consumer health arm, say French government sources

Sanofi reaches deal on terms of sale of consumer health arm, say French government sources

PARIS (Reuters) -Sanofi on Sunday reached an agreement on terms to sell a controlling stake in its consumer health unit Opella to U.S...

Triathlon-Britain’s Yee adds world title to Olympic gold

Triathlon-Britain’s Yee adds world title to Olympic gold

(Reuters) – British Olympic champion Alex Yee finished third after a barn-storming run in the men’s triathlon World Champi..

UK’s Mothercare partners with Reliance to strengthen South Asia presence

UK’s Mothercare partners with Reliance to strengthen South Asia presence

  (Reuters) – Mothercare formed a joint venture with Reliance Brands Holding UK, strengthening its presence in the South As..

Number of female business leaders in Britain falls in 2024, report says

Number of female business leaders in Britain falls in 2024, report says

  LONDON (Reuters) – The number of women who hold executive reins in corporate Britain has fallen for the first time in eig..

FTSE 100 touches five-month closing high on optimism over rate cuts

FTSE 100 touches five-month closing high on optimism over rate cuts

  By Pranav Kashyap and Sruthi Shankar (Reuters) -The UK’s FTSE 100 closed at a near five-month high on Thursday, as pest c..

Denmark’s central bank cuts key interest rate to 2.85%, mirroring ECB

Denmark’s central bank cuts key interest rate to 2.85%, mirroring ECB

  COPENHAGEN (Reuters) – Denmark’s central bank cut its key policy interest rate by 25 basis points to 2.85% on Thurs..

Heightened Egyptian demand in tight market buoys European fuel oil prices

Heightened Egyptian demand in tight market buoys European fuel oil prices

By Robert Harvey and Ahmad Ghaddar LONDON (Reuters) – A spike in Egyptian imports of fuel oil used for power generation has coin..

Germany moves to strengthen domestic wind power industry

Germany moves to strengthen domestic wind power industry

By Riham Alkousaa BERLIN (Reuters) -Germany is planning state guarantees for wind energy production, it said on Thursday, as part of a..