Nokia to cut up to 14,000 jobs after sales drop a fifth
STOCKHOLM (Reuters) -Finnish telecom gear group Nokia said on Thursday it would cut up to 14,000 jobs in a new cost reduction effort a..
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Nestle misses nine-month sales estimates, expects volume upturn by year-end
LONDON (Reuters) -Nestle posted lower-than-expected nine-month sales growth on Thursday as higher product prices made shoppers balk, b..
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Explainer-Scotland’s “kilt” bonds – how might the debt plan work?
LONDON (Reuters) – Scotland’s pro-independence government plans to sell bonds in international debt markets for the first..
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Exclusive-G7 to discuss four versions of Russian diamond ban this week- sources
By Julia Payne BRUSSELS (Reuters) – G7 countries will this week discuss four plans to ban Russian diamonds from G7 markets from..
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Oil up about 2% on big US crude storage draw, Middle East tension
NEW YORK (Reuters) -Oil prices climbed about 2% to a two-week high on Wednesday on a bigger-than-expected U.S. storage draw and as ris..
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Britain aims for global leadership role with AI safety summit
By Martin Coulter LONDON (Reuters) – Britain will host the world’s first global artificial intelligence (AI) safety summi..
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ECB starts preparation for digital euro in multi-year project
By Francesco Canepa FRANKFURT (Reuters) – The European Central Bank took a further step on Wednesday towards launching a digi..
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ASML warns of flat 2024 sales as chipmakers slow orders
AMSTERDAM (Reuters) – Semiconductor equipment maker ASML Holding NV reported lower-than-expected orders on Wednesday and warned ..
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China’s Nio considers tapping dealers to boost EV sales in Europe – sources
SHANGHAI (Reuters) -Chinese electric vehicle maker Nio is considering building a dealer network in Europe to speed up sales growth, t..
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CVC looking at Nexi but no bid in the works-source
By Elisa Anzolin and Valentina Za MILAN (Reuters) -A potential deal targeting Italian payments group Nexi is one of several options b..
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Ericsson says telecoms uncertainty to persist into 2024, shares fall
STOCKHOLM (Reuters) -Ericsson on Tuesday said it expected the uncertainty impacting its mobile networks business to persist into 2024,..
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Automakers blast US plan to hike fuel efficiency rules
By David Shepardson WASHINGTON (Reuters) -A group representing General Motors, Toyota Motor, Volkswagen and nearly all other major au..
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FTSE 100 climbs on pharma boost, UK CPI in focus
By Khushi Singh and Bansari Mayur Kamdar (Reuters) -Britain’s FTSE 100 rose on Tuesday after latest figures showing a weakening..
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Top mountain bike brands
The exhilarating world of mountain biking offers riders an adventure like no other, but embarking on this thrilling journey requires ..
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Biggest cyber attacks in history
The realm of cybersecurity has evolved dramatically since the inception of the internet, with digital threats growing in complexity, ..
Technology
Exclusive-Brookfield weighs move into UK pension insurance market -sources
By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Iain Withers (Reuters) -Brookfield, through its affiliate Brookfield Reinsurance, is weig..
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Four-day work week boosts Spanish workers’ health, pilot programme shows
MADRID (Reuters) – Four-day work weeks improved Spanish workers’ health such as by lowering stress while reducing fuel em..
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European shares slip amid downbeat earnings reports; UK stocks outperform
(Reuters) -European stocks edged lower on Tuesday as a slew of downbeat earnings and higher government bond yields outweighed gains in..
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Oil prices edge higher ahead of Biden Middle East trip
By Nicole Jao NEW YORK (Reuters) – Oil prices edged higher on Tuesday ahead of a trip by U.S. President Joe Biden to the Middle..
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Vitol to spend half of its capex on low-carbon, renewables -CEO
LONDON (Reuters) – The world’s top independent energy trader Vitol will invest around half of its $2 billion capital expe..
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Volkswagen picks firm for Xinjiang site labour audit -sources
SHANGHAI/FRANKFURT/BERLIN (Reuters) – Volkswagen has found a company to conduct a labour audit at a site in Xinjiang, China, wh..
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Poland, EU’s biggest poultry producer, reports bird flu outbreak
PARIS (Reuters) -Poland, the European Union’s largest poultry producer, has reported an outbreak of the highly contagious H5N1 ..
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EU Commission proposes measures to curb microplastic pollution from pellets
BRUSSELS (Reuters) -The European Commission proposed measures on Monday to prevent microplastic pollution from the spillage of plastic..
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The year of the employee and the Great Return?
By Colin Redbond, SVP Product Strategy, SS&C Blue Prism The past few years have seen a rise in dissatisfaction among the global ..
Companies
What are three ways banks make money?
In the intricate landscape of financial institutions, understanding how banks generate revenue is pivotal to unveiling their p..
Finance
What is the difference between earned income, passive income, and investment income?
In the realm of personal finance, the distinction between earned income, passive income, and investment income forms a foundational un..
Finance
Global smartphone market slumps to lowest Q3 level in decade – Counterpoint
(Reuters) – The global smartphone market contracted by 8% to its lowest third-quarter level in a decade on subdued demand for ma..
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Britain pulls rules aimed at applying lessons from Carillion, BHS, collapses
By Huw Jones LONDON (Reuters) – Britain on Monday unexpectedly scrapped “burdensome” draft rules is has already put..
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Dollar gains against yen, eases against euro
NEW YORK (Reuters) – The dollar was mixed on Monday before a week heavy with speeches by Federal Reserve officials that will be ..
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Pfizer’s foggy COVID outlook hits vaccine maker shares
(Reuters) -Pfizer on Monday set off a fresh round of concern about the size of the COVID-19 vaccine and treatment market in the long t..
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Italy unveils tax-cutting 2024 budget amid debt worries
ROME (Reuters) -Italy’s government on Monday approved a budget for next year with measures worth around 24 billion euros ($25.3 ..
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Bank of England considers changes to regulation of foreign bank branches
By Huw Jones LONDON (Reuters) -The Bank of England said on Monday it was thinking about possible changes to how it regulates branches..
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Oil fall below $90 a barrel on report of US-Venezuela deal
HOUSTON (Reuters) -Oil futures fell on Monday on a report the U.S. and Venezuela could soon reach a deal to ease sanctions on Venezuel..
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As global debt worries mount, is another crisis brewing?
LONDON (Reuters) – Record debts, high interest rates, the costs of climate change, health and pension spending as populations ag..
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Wall Street rallies, Treasury yields rise as high profile earnings loom
By Stephen Culp NEW YORK (Reuters) – Wall Street rebounded from Friday’s selloff and benchmark Treasury yields rose as in..
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Tesla earnings: investors watching margins, deliveries, self-driving
(Reuters) – Tesla’s margins are likely to drop in the third quarter and take a bigger hit in the last three months of 2023..
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BioNTech warns of write-off of up to 900 million euros on COVID vaccine
By Ludwig Burger BERLIN (Reuters) – Shares in Germany’s BioNTech fell on Monday after it flagged write-downs of up to 900..
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