News

Eni beats Q4 profit forecasts helped by favourable arbitration

Eni beats Q4 profit forecasts helped by favourable arbitration

MILAN (Reuters) -Italian energy group Eni on Friday reported fourth-quarter adjusted..

Swiss Re 2023 net profit surges, in line with expectations

Swiss Re 2023 net profit surges, in line with expectations

FRANKFURT (Reuters) -Reinsurance company Swiss Re said on Friday that net profit fo..

Mahindra to use Volkswagen electric components, battery cells

Mahindra to use Volkswagen electric components, battery cells

BERLIN (Reuters) -Volkswagen and Mahindra & Mahindra Ltd have signed a supply ag..

ECB’s Villeroy: should not hold off first rate cut for too long

ECB’s Villeroy: should not hold off first rate cut for too long

PARIS (Reuters) – There are several compelling reasons why the European Centra..

Britain’s Labour Party wins by-election in southwestern English town

Britain’s Labour Party wins by-election in southwestern English town

LONDON (Reuters) -Britain’s opposition Labour Party won a contest for a new l..

Australia’s QBE Insurance annual profit more than doubles but misses view

Australia’s QBE Insurance annual profit more than doubles but misses view

By Echha Jain (Reuters) -Australia’s QBE Insurance Group’s full-year pr..

UK’s Costa Coffee to give workers 9% pay rise

UK’s Costa Coffee to give workers 9% pay rise

LONDON (Reuters) – Britain’s Costa Coffee will give over 15,000 hourly-p..

Jet engine maker Safran raises dividend on profit jump and growth outlook

Jet engine maker Safran raises dividend on profit jump and growth outlook

PARIS (Reuters) -French jet engine maker Safran posted sharply higher revenue and op..

Cisco to cut more than 4,000 jobs, lowers annual revenue forecast

Cisco to cut more than 4,000 jobs, lowers annual revenue forecast

By Akash Sriram (Reuters) -Cisco Systems said it would cut 5% of its global workfor..

Swedish union to exempt some Tesla cars from mechanic strike

Swedish union to exempt some Tesla cars from mechanic strike

STOCKHOLM (Reuters) – Swedish labour union IF Metall on Wednesday said it wou..

India’s Bosch posts Q3 profit climb on healthy auto parts demand

India’s Bosch posts Q3 profit climb on healthy auto parts demand

BENGALURU (Reuters) – Bosch, the Indian arm of German automotive supplier Rob..

TUI swings to surprise first-quarter profit on robust travel demand

TUI swings to surprise first-quarter profit on robust travel demand

LONDON (Reuters) – Europe’s largest travel operator TUI on Tuesday repor..

German economy expected to grow in 2024, official says

German economy expected to grow in 2024, official says

BERLIN (Reuters) – Germany is not in recession and its economy is expected to..

The hardest job in the world’: Siberian shipyard workers brave freezing cold

The hardest job in the world’: Siberian shipyard workers brave freezing cold

YAKUTIA, Russia (Reuters) – A drone flies low over a snow-covered shipyard in ..

Asia stocks nudge higher, dollar steady ahead of US inflation report

Asia stocks nudge higher, dollar steady ahead of US inflation report

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks inched higher and the do..

Displaced Gaza doctor offers free medical help for children from his tent

Displaced Gaza doctor offers free medical help for children from his tent

By Saleh Salem RAFAH, Gaza Strip (Reuters) – The long queue of anxious parent..

AI frenzy puts Nvidia briefly ahead of Amazon in market value

AI frenzy puts Nvidia briefly ahead of Amazon in market value

(Reuters) -Nvidia briefly surpassed Amazon.com Inc in market capitalization on Monda..

News

German commercial property prices post biggest-ever drop, data shows

German commercial property prices post biggest-ever drop, data shows

By Tom Sims FRANKFURT (Reuters) -German commercial property prices fell 12.1% in the final three mo..

Novo Nordisk’s controlling shareholder plans to invest up to $7 billion a year by 2030 – FT

Novo Nordisk’s controlling shareholder plans to invest up to $7 billion a year by 2030 – FT

(Reuters) – Novo Holdings, the controlling shareholder of Danish obesity drugm..

Google pledges 25 million euros to boost AI skills in Europe

Google pledges 25 million euros to boost AI skills in Europe

LONDON (Reuters) – Google has pledged 25 million euros ($26.98 million) to hel..

Oil starts week lower after Israel says ‘concluded’ Gaza strikes

Oil starts week lower after Israel says ‘concluded’ Gaza strikes

(Reuters) – Oil prices fell in early Asian trade on Monday after Israel said i..

UK employers plan smaller pay rises for 2024: CIPD

UK employers plan smaller pay rises for 2024: CIPD

LONDON (Reuters) – British employers plan smaller pay rises over the coming ye..

Roche cutting 345 jobs in product development – media

Roche cutting 345 jobs in product development – media

ZURICH (Reuters) – Roche is cutting 345 jobs, Swiss website Muula reported, as..

European shares inch higher on earnings boost; Maersk drops

European shares inch higher on earnings boost; Maersk drops

By Shristi Achar A (Reuters) -European shares edged higher on Thursday, propped up ..

Iceland volcano erupts again, molten rocks spew from fissures

Iceland volcano erupts again, molten rocks spew from fissures

Iceland volcano erupts again, molten rocks spew from fissures OSLO (Reuters) -A volc..

SoftBank posts first profit in five quarters with $6.6 billion net income

SoftBank posts first profit in five quarters with $6.6 billion net income

SoftBank posts first profit in five quarters with $6.6 billion net income By Anton B..

Swisscom profit rises on Fastweb growth, declines comment on Vodafone talks

Swisscom profit rises on Fastweb growth, declines comment on Vodafone talks

Swisscom profit rises on Fastweb growth, declines comment on Vodafone talks By Mateu..

Vontobel to take additional cost-cutting measures as profit falls

Vontobel to take additional cost-cutting measures as profit falls

Vontobel to take additional cost-cutting measures as profit falls ZURICH (Reuters) -..

Siemens profit ahead of forecast despite digital sector orders fall

Siemens profit ahead of forecast despite digital sector orders fall

By John Revill ZURICH (Reuters) -Siemens reported first-quarter profit slightly ahe..

UK’s Labour to back out of 28 billion stg green pledge -BBC

UK’s Labour to back out of 28 billion stg green pledge -BBC

(Reuters) – Britain’s opposition Labour Party will back out of its 28 bi..

OpenAI developing software that operates devices, automates tasks – The Information

OpenAI developing software that operates devices, automates tasks – The Information

(Reuters) – Microsoft-backed OpenAI is working on a type of agent software to ..

Dollar slips as market awaits data for direction

Dollar slips as market awaits data for direction

By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The dollar slid f..

Equinor trims cash payouts, share price drops 7%

Equinor trims cash payouts, share price drops 7%

LONDON (Reuters) – Equinor said on Wednesday it would cut its overall cash ret..

Global stocks hit two-year highs, as dollar eases

Global stocks hit two-year highs, as dollar eases

NEW YORK/LONDON (Reuters) -Global equities rose to a more than two-year high and the..

Big Oil offers record returns to lure investors back

Big Oil offers record returns to lure investors back

LONDON (Reuters) – Big Oil firms are handing shareholders more money than ever..

Nvidia’s stock market value on verge of overtaking Amazon

Nvidia’s stock market value on verge of overtaking Amazon

(Reuters) – Wall Street’s enthusiasm about artificial intelligence has N..

Prince William back to work after Kate’s surgery and King Charles’ cancer

Prince William back to work after Kate’s surgery and King Charles’ cancer

By Michael Holden LONDON (Reuters) -Britain’s Prince William returned to publ..