Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say
(Reuters) – TikTok’s Chinese parent ByteDance plans to develop an..
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Discounter Pepco’s sales hurt by supply chain disruption
By James Davey LONDON (Reuters) -European discount retailer Pepco Group said ..
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Miniso shares slump on plans to buy stake in Yonghui Superstores
HONG KONG (Reuters) -Shares of Miniso Group Holding plunged as much as 39.2% ..
Business
Nike veteran Hill to replace Donahoe as CEO; shares jump
By Juveria Tabassum, Nicholas P. Brown (Reuters) -Nike said on Thursday that former ..
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Nike’s next CEO Hill brings a bootstraps mentality
By Nicholas P. Brown (Reuters) – Elliott Hill started at Nike as an intern i..
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UK supermarket sales growth slows after summer holidays
LONDON (Reuters) – British supermarket sales growth slowed over the last month..
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French millers face long grind as rain-hit wheat harvest comes in
PARIS (Reuters) – Flour mills in France are facing higher costs and a long sea..
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UK’s Asda says retail veteran Stuart Rose to lead business
By James Davey LONDON (Reuters) -British supermarket group Asda, which has be..
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Daimler Truck eyes half of Europe sales from EVs in 2030
By Ilona Wissenbach and Andrey Sychev HANOVER, Germany (Reuters) -Daimler Tru..
Business
BP to sell its US onshore wind business
(Reuters) -BP plans to sell its U.S. onshore wind energy business, it announced on M..
Business
Central Europe factories and retailers shut in flood-hit areas
By Jan Lopatka PRAGUE (Reuters) -Factories and stores across central Europe shut dow..
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British ministers head to Gulf for talks on new trade deal
(Reuters) – Britain’s new trade ministers visited the Gulf region on Mon..
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UK’s Domino’s Pizza plans to hire 5,000 staff ahead of peak holiday season
(Reuters) – Britain’s Domino’s Pizza Group said on Monday t..
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Saipem wins $4 billion contract from QatarEnergy
(Reuters) – Italian energy engineering group Saipem said on Sunday it h..
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US locks in steep China tariff hikes, many to start Sept. 27
By David Lawder (Reuters) -The Biden administration on Friday locked in steep tariff..
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Zara to offer its secondhand clothes service in US by October
MADRID (Reuters) – Zara will offer its service for selling, repairing or donat..
Business
Scotland’s only oil refinery to close next year, 400 jobs to go
By Ron Bousso and Robert Harvey LONDON (Reuters) -Grangemouth, Scotland’s only..
Business
Bank of England eyes growth with lighter bank capital reforms for UK lenders
By Sinead Cruise LONDON (Reuters) -The Bank of England aims to roll out revised new ..
Business
Zara owner Inditex sees early autumn sales perk up after summer slowdown
By Corina Pons MADRID (Reuters) -Zara owner Inditex reported a jump in sales of its ..
Business
Services’ grip on UK economy tightens as manufacturing share ebbs further
By Andy Bruce (Reuters) – Britain’s shift towards a services-dominated e..
Business
Etihad Airways plans IPO no earlier than 2025, sources say
By Hadeel Al Sayegh, Andres Gonzalez and Federico Maccioni DUBAI/LONDON (Reuters) -A..
Business
Key events at Nike under CEO John Donahoe
(Reuters) – Nike will hold its annual meeting virtually on Tuesday and a key i..
Business
UK pay growth cools, keeping BoE on track for another rate cut
By Andy Bruce and Suban Abdulla LONDON (Reuters) -British pay growth cooled in the t..
Business
Aldi UK says shoppers trading up as inflation eases
By Paul Sandle LONDON (Reuters) -Supermarket group Aldi UK said its prices this summ..
Business
South Africa’s SPAR sells Polish business to Specjal
JOHANNESBURG (Reuters) – South Africa’s second-biggest grocery gr..
Business
Malaysia central bank to hold rates at 3.0% until at least 2026: Reuters poll
By Pranoy Krishna BENGALURU (Reuters) – Bank Negara Malaysia (BNM) will..
Business
Oil edges higher as halted Libyan exports balance expected OPEC+ supply boost
By Nia Williams and Arunima Kumar (Reuters) -Oil prices edged higher on Monda..
Business
BMW worldwide recalling Mini Cooper SE electric models, company says
BERLIN (Reuters) -German automaker BMW is recalling electric Mini Cooper SE v..
Business
Lowest euro zone inflation in 3 years sets up ECB for cut
By Francesco Canepa and Balazs Koranyi FRANKFURT/TALLINN (Reuters) -Inflation in the..
Business
HMD launches Barbie phone in partnership with Mattel
STOCKHOLM (Reuters) – HMD Global, which makes Nokia-branded phones, sai..
Business
UK shop prices dip for first time in nearly 3 years, survey shows
(Reuters) – British shop prices fell in annual terms this month for the..
Business
Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance
By Arathy Somasekhar HOUSTON (Reuters) -Oil major Shell on Monday said it pla..
Business
Pay gap between bosses and ordinary workers widens in Switzerland
ZURICH (Reuters) -The gap between the highest- and lowest-paid workers in Switzerlan..
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Analysis-Darkening global outlook, central bank pivots signal more turbulence
By Leika Kihara, Howard Schneider and Balazs Koranyi JACKSON HOLE, Wyoming (R..
Business
Australian employees now have the right to ignore work emails, calls after hours
By Lewis Jackson SYDNEY (Reuters) – Is your boss texting you on the wee..
Business
BHP’s return to Argentina marks new hope for untapped copper mines
By Daina Beth Solomon and Divya Rajagopal SANTIAGO/TORONTO (Reuters) – ..
Business
Nestle replaces CEO Schneider with company veteran Freixe
By John Revill and Richa Naidu ZURICH/LONDON (Reuters) – Nestle is repl..
Business