Behind FTX’s fall, battling billionaires and a failed bid to save crypto
By Angus Berwick and Tom Wilson (Reuters) – On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught ..
Finance
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AstraZeneca lifts 2022 earnings outlook as cancer drugs boost results
By Natalie Grover (Reuters) -AstraZeneca raised its full-year earnings outlook on Thursday after strong sales of its key cancer drugs ..
News
Twitter, social platforms could see spike in election misinformation
By Sheila Dang (Reuters) – Election misinformation is spreading across social media platforms like Twitter and Meta PlatformR..
News
Republican ‘red wave’ fizzles, but midterm race for U.S. Congress tight
By Gabriella Borter and Tim Reid BIRMINGHAM, Mich./PHOENIX, Ariz. (Reuters) – Republicans made modest gains in U.S. midterm elec..
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World stocks slip as markets await U.S. midterms outcome
By Herbert Lash NEW YORK (Reuters) – World stocks slid below recent seven-week highs and the dollar rose on Wednesday as investo..
Top Story
Christmas shopping begins early as Britons face cash crunch
By James Davey and Sarah Young LONDON (Reuters) -British consumers are trying to navigate the hit to their finances by spreading out t..
News
Disney streaming beats Wall Street targets, earnings miss
By Dawn Chmielewski and Lisa Richwine (Reuters) – Walt Disney Co said on Tuesday its marquee streaming service, Disney+, gained ..
News
Fingerprints™ and Tag Systems collaborate to offer contactless biometric payment cards globally
World-leading biometrics company, Fingerprint Cards AB (Fingerprints™) has entered a partnership with global card manufacturer, Tag Sy..
Technology
Blow for EU crackdown on tax deals as Fiat wins appeal
By Foo Yun Chee LUXEMBOURG (Reuters) -Fiat Chrysler on Tuesday won its fight against an EU order to pay 30 million euros ($30 million)..
News
Bayer beats Q3 profit forecast on strong herbicide sales
By Ludwig Burger FRANKFURT (Reuters) -Agriculture and pharmaceuticals company Bayer on Tuesday reported better-than-expected quarterly..
News
Pandora braces for recession despite resilient demand
By Nikolaj Skydsgaard COPENHAGEN (Reuters) -Danish jewellery maker Pandora reported third-quarter sales just above expectations on Tue..
News
Munich Re firmly sticks to 2022 target after quarterly profit rise
FRANKFURT (Reuters) – Munich Re on Tuesday said it posted a 44% rise in net profit in the third quarter, despite big claims from..
News
Commerzbank, Norsk Hydro to invest 600 million euro into 1 GW of Danish solar
By Nora Buli OSLO (Reuters) – A joint venture of subsidiaries of Germany’s Commerzbank and Norway’s Norsk Hydro will..
News
Factbox-‘Beaver blood moon’ offers world’s last total lunar eclipse until 2025
By Steve Gorman (Reuters) – Nighttime skywatchers from East Asia to North America will be treated to the rare spectacle of a ..
News
Developing countries need $1 trillion a year in climate finance -report
SHARM EL-SHEIKH, Egypt (Reuters) – Developing countries need to work with investors, rich countries and development banks to sec..
News
Bosch agrees to pay $25 million to settle California diesel emissions probe
By David Shepardson (Reuters) -German auto supplier Bosch has agreed pay $25 million to resolve California’s probe into the comp..
News
UK chancellor Jeremy Hunt to announce a tax raid on inheritance -Telegraph
(Reuters) – British Finance Minister Jeremy Hunt is to announce a tax raid on inheritance as he attempts to balance the books in..
News
Global hedge funds advance in October amid stocks rally
NEW YORK (Reuters) – Global hedge funds posted a 2% gain in October, helped by a rally in stock markets and a combination of hig..
News
New Swedish government to cut fuel taxes, boost defence, police in budget
STOCKHOLM (Reuters) – Sweden’s new right-wing government will cut fuel taxes and give extra cash to the military and polic..
News
Ford’s EV guru Field talks bottlenecks and opportunities
By Paul Lienert (Reuters) – An inadequate charging network and insufficient access to battery raw materials are critical bottlen..
News
Green Investment Group to launch battery storage platform
LONDON (Reuters) – The Green Investment Group (GIG), owned by Macquarie Asset Management, will launch a new platform to develop ..
News
Germany should hike taxes on rich to finance relief packages, advisers say – report
BERLIN (Reuters) – Germany’s economic advisory council will recommend the government raise taxes on the wealthy to help fi..
News
Ireland to sell 8% of its majority stake in AIB in one go
DUBLIN (Reuters) – The Irish government received more than enough demand to cover the sale of 8% of its majority stake in Allied..
News
Factbox-Strikes, protests in Europe over cost of living and pay
(Reuters) – European countries are facing strikes and protests due to high energy prices and mounting costs of living. Here are ..
News
Companies
Analysis-Twitter’s ‘massive’ revenue drop adds to heavy debt burden
Analysis-Twitter’s ‘massive’ revenue drop adds to heavy debt burden
By Matt Tracy NEW YORK (Reuters) – Elon Musk’s revelation that Twitter has suffered a “massive” revenue drop since he took ove..
Companies
At COP27, climate ‘loss and damage’ funding makes it on the table
By Laurie Goering SHARM EL-SHEIKH, Egypt (Thomson Reuters Foundation) – Warned that mounting economic crises should not delay ac..
News
Negotiating our future’: Youth set to grab power roles at COP27
By Laurie Goering SHARM EL-SHEIKH, Egypt (Thomson Reuters Foundation) – Fiji’s Sivendra Michael was just a year old when P..
News
How mixing farms with forests can help the UK reach net zero
By Rachel Parsons PETERBOROUGH, England (Thomson Reuters Foundation) – Stephen Briggs popped open his pocket knife, carved a wed..
News
German industry calls for delay to global minimum tax – BDI
BERLIN (Reuters) – German industry has called for a delay to a global minimum corporate tax by at least a year to 2025 to give c..
News
British minister to meet Taiwan president, drawing China’s anger
TAIPEI (Reuters) – A British minister will visit Taiwan this week for trade talks and meet President Tsai Ing-wen, his office sa..
News
Russia’s Sberbank sues Glencore for $116 million over oil supplies
MOSCOW (Reuters) – Russia’s largest lender, Sberbank, is suing global commodities trader Glencore for around 117 million e..
News
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LONDON (Reuters) -British house prices fell in October at the fastest monthly rate since February 2021, a fresh sign of weakness in th..
News
Analysis-Runaway prices have central Europe on the ropes
By Gergely Szakacs and Anna Wlodarczak-Semczuk BUDAPEST/WARSAW (Reuters) – While inflation in western Europe is largely expected..
News
China’s COVID resurgence spurs new curbs, Foxconn imposes restrictions
SHANGHAI (Reuters) – China’s escalating COVID-19 resurgence has spurred authorities and companies, including key iPhone ma..
News
Oil prices slide as hopes for China demand rebound fade
By Florence Tan SINGAPORE (Reuters) -Oil prices fell more than $1 a barrel on Monday after Chinese officials on the weekend reiterated..
News
Six in ten Britons will spend less at Christmas -Deloitte survey
LONDON (Reuters) – Six in ten Britons believe they will have less money to spend over the Christmas period than last year, accor..
News
“Live up to your climate promises,” UK PM will say
SHARM EL-SHEIKH, Egypt (Reuters) – British Prime Minister Rishi Sunak will on Monday use a speech at the United Nations climate ..
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