Lights maker Signify cuts annual outlook on lower consumer demand, China woes
(Reuters) -Signify, the world’s biggest maker of lights, cut its full-year profit margin and sales guidance on Friday, hit by lo..
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Equinor posts record profit boosted by soaring gas
By Nerijus Adomaitis and Nora Buli OSLO (Reuters) – Equinor on Friday posted forecast-beating record profits for the third quart..
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South Korea has not supplied lethal weapons to Ukraine, president says
SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Friday Seoul has not provided any lethal weapons to Ukraine, afte..
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Universal Music Q3 earnings beat expectations, streaming growth slows
AMSTERDAM (Reuters) -Universal Music Group NV (UMG), the largest record label, on Thursday reported better than expected third-quarter..
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Food group Danone raises 2022 outlook as third-quarter sales beat expectations
By Dominique Vidalon PARIS (Reuters) – French food group Danone on Thursday raised its 2022 revenue growth forecast after its th..
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French unions unanimously sign wage agreement with EDF, company says
PARIS (Reuters) – France’s EDF has formally signed a wage agreement for its workers in the country with all unions present..
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ECB raises interest rates again, cuts bank subsidies
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank raised interest rates again on Thursday a..
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Factbox-European gas prices: why have they been falling?
By Nina Chestney LONDON (Reuters) – European benchmark gas prices have been steadily declining over the past few months to near ..
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European banks cash in on rising rates as clouds gather
By Tom Sims, John O’Donnell and Jesús Aguado FRANKFURT (Reuters) – Some of Europe’s largest banks warned of growing ..
Finance
Young Greeks priced out as inflation, rents soar
By George Georgiopoulos and Lefteris Papadimas ATHENS (Reuters) – Like many young Greeks trying to live within their means, Chri..
Finance
Mercedes-Benz lifts profit forecast as luxury cars boom
By Victoria Waldersee BERLIN (Reuters) -Mercedes-Benz raised its full-year profit forecast on Wednesday as strong demand for luxury ca..
Business
StanChart surprises with 40% profit jump, ups income goal on rising rates
By Anshuman Daga and Lawrence White SINGAPORE (Reuters) -Standard Chartered’s third-quarter profit surged 40% as higher interest..
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Puma confirms full-year outlook, flags market volatility
By Alexander Hübner and Joice Alves BERLIN/LONDON (Reuters) – Shares in Puma fell 1.75% on Wednesday after the company confirmed..
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HSBC’s direction in question after Elhedery’s sprint to CEO contender
By Lawrence White, Sinead Cruise and Anshuman Daga LONDON/SINGAPORE (Reuters) -Georges Elhedery’s appointment as HSBC’s ch..
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Alphabet’s miss fans inflation fears across digital advertising
By Sheila Dang and Eva Mathews (Reuters) -Google parent Alphabet Inc’s disappointing ad sales sparked worries across the digital..
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UK’s Sunak plans to meet Biden in G20 summit
(Reuters) – British Prime Minister Rishi Sunak spoke with U.S. President Joe Biden on Tuesday evening and they are set to meet i..
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UK PM Sunak’s office says ‘the hard work begins now’
LONDON (Reuters) – British Prime Minister Rishi Sunak is now ready to face the hard work of government after appointing his seni..
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Apple says issues with iMessage, FaceTime resolved
(Reuters) – Apple Inc said on Tuesday issues that had caused a brief outage in its iMessage service and video calling app FaceTi..
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Xerox shares slide as annual revenue, cash flow forecasts take a hit
(Reuters) – Xerox Holdings Inc’s shares plunged about 25% to 13-year lows on Tuesday after the photocopy maker slashed its..
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Hyundai breaks ground on $5.5 billion U.S. EV, battery plant
By David Shepardson ELLABELL, Ga. (Reuters) – Hyundai Motor Co broke ground on a $5.54 billion electric vehicle (EV) and battery..
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Factbox-Dominic Raab returns to government as deputy PM under Sunak
LONDON (Reuters) – British lawmaker Dominic Raab was appointed deputy prime minister and minister of justice on Tuesday, returni..
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James Cleverly to remain UK foreign minister – statement
LONDON (Reuters) – James Cleverly has been re-appointed as Britain’s foreign minister, Prime Minister Rishi Sunak’s ..
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New PM Rishi Sunak pledges to lead Britain out of economic crisis
By Kate Holton, Elizabeth Piper and Alistair Smout LONDON (Reuters) -Rishi Sunak became Britain’s third prime minister in two mo..
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Factbox-UK PM Rishi Sunak’s new team of ministers
LONDON (Reuters) – British Prime Minister Rishi Sunak on Tuesday appointed key ministers to his government after replacing Liz T..
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Factbox-What is Rishi Sunak’s solution to Britain’s problems?
LONDON (Reuters) – Since entering the contest to be British prime minister, frontrunner Rishi Sunak has said little publicly abo..
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Rishi Sunak declared next leader of UK Conservative Party, to become next PM
LONDON (Reuters) – Rishi Sunak was declared the next leader of Britain’s Conservative Party by the head of the 1922 Commit..
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PIONEERING D-REC INITIATIVE AIMS TO SUPERCHARGE RENEWABLE ENERGY AND SOCIAL GOOD IN DEVELOPING WORLD
Distributed Renewable Energy Certificates accelerate the energy transition, increase local supply, boost transparency, and tr..
Technology
How payment technologies are helping to improve eCommerce processes and the online customer journey through innovation
By Philipp Buschmann, CEO and Co-Founder of AAZZUR Digital payments in eCommerce are clearly nothing new. Ever sin..
Finance
Liz Truss resigns after six weeks as UK prime minister
(Refiles as UPDATE 7, not 6, text unchanged) By Elizabeth Piper, Andrew MacAskill and Muvija M LONDON (Reuters) – Liz Truss said..
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Marketmind: Reality check
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever If investors needed a reminder that t..
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Digital ad market shows ‘signs of life’ but economy clouds 2023 outlook
By Sheila Dang and Katie Paul (Reuters) – When Snap Inc kicks off the third-quarter earnings season for tech and social media co..
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BMW invests $1.7 billion to build electric vehicles in U.S
By David Shepardson SPARTANBURG, South Carolina (Reuters) -BMW AG said on Wednesday it will invest $1.7 billion to build electric vehi..
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Nestle sales soar as price rises drive growth
By John Revill and Richa Naidu ZURICH/LONDON (Reuters) -Nestle posted its strongest nine-month sales growth in 14 years on Wednesday a..
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Tesla investors to focus on demand issues in earnings report
(Reuters) -Tesla Inc’s quarterly report on Wednesday will likely show whether the Elon Musk-led electric-vehicle maker is facing..
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Italy’s Brembo sets up venture capital arm to invest in tech startups
MILAN (Reuters) – Premium brakes maker Brembo said on Wednesday it had set up an internal venture capital unit, called Brembo Ve..
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Irish central bank eases strict mortgage-lending limits
By Conor Humphries DUBLIN (Reuters) -Ireland’s central bank is to ease mortgage-lending limits to allow first-time property buye..
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Australia to investigate reports pilots trained Chinese military – minister
By Kirsty Needham, Jamie Freed and Lucy Craymer SYDNEY/WELLINGTON (Reuters) -Australia’s defence minister said its military was ..
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