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European shares hit two-week low as dismal earnings add to risk-off mood

European shares hit two-week low as dismal earnings add to risk-off mood

(Reuters) -European shares lost ground on Thursday as a raft of downbeat corporate earnings, including from packaged food giant Nestle..

Oil mixed as Venezuela sanctions ease, Middle East in focus

Oil mixed as Venezuela sanctions ease, Middle East in focus

(Reuters) -Oil prices were little changed on Thursday as the United States eased sanctions on Venezuela to allow more oil to flow glob..

Wall Street dips as U.S. Treasuries graze 5%, Middle East tensions simmer

Wall Street dips as U.S. Treasuries graze 5%, Middle East tensions simmer

NEW YORK (Reuters) -Wall Street struggled for gains and benchmark U.S. Treasuries reached a new 16-year high as market participants lo..

EU seeking to resolve trade irritants with US at summit

EU seeking to resolve trade irritants with US at summit

BRUSSELS (Reuters) – Top EU officials have headed to Washington in the hope of sealing agreements with the United States to end ..

Dollar dips as 10-year yields back away from highs

Dollar dips as 10-year yields back away from highs

By Karen Brettell NEW YORK (Reuters) – The dollar fell against the euro and yen Thursday as the U.S. 10-year yield backed awa..

London stock exchange sees first trading halt in 4 years; blue chips spared

London stock exchange sees first trading halt in 4 years; blue chips spared

LONDON (Reuters) -The London Stock Exchange (LSE) was forced to halt trading in smaller stocks on Thursday after an incident disrup..

Nestle begins work on ‘companion products’ for weight loss drugs

Nestle begins work on ‘companion products’ for weight loss drugs

LONDON (Reuters) – Nestle on Thursday said it has started work on products to “companion” weight loss drugs like Nov..

Deliveroo keeps annual guidance as quarterly revenue rises

Deliveroo keeps annual guidance as quarterly revenue rises

LONDON (Reuters) – Meal delivery group Deliveroo maintained its full-year financial guidance on Thursday, as it reported a 5% ri..

Nokia to cut up to 14,000 jobs after sales drop a fifth

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..

Nestle misses nine-month sales estimates, expects volume upturn by year-end

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..

Explainer-Scotland’s “kilt” bonds – how might the debt plan work?

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..

Exclusive-G7 to discuss four versions of Russian diamond ban this week- sources

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..

Oil up about 2% on big US crude storage draw, Middle East tension

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..

Britain aims for global leadership role with AI safety summit

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..

ECB starts preparation for digital euro in multi-year project

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..

ASML warns of flat 2024 sales as chipmakers slow orders

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 ..

China’s Nio considers tapping dealers to boost EV sales in Europe – sources

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..

CVC looking at Nexi but no bid in the works-source

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..

Ericsson says telecoms uncertainty to persist into 2024, shares fall

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,..

Automakers blast US plan to hike fuel efficiency rules

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..

FTSE 100 climbs on pharma boost, UK CPI in focus

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..

Exclusive-Brookfield weighs move into UK pension insurance market -sources

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..

Four-day work week boosts Spanish workers’ health, pilot programme shows

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..

European shares slip amid downbeat earnings reports; UK stocks outperform

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..

Oil prices edge higher ahead of Biden Middle East trip

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..

Vitol to spend half of its capex on low-carbon, renewables -CEO

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..

Volkswagen picks firm for Xinjiang site labour audit -sources

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..

Poland, EU’s biggest poultry producer, reports bird flu outbreak

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 ..

EU Commission proposes measures to curb microplastic pollution from pellets

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..

Global smartphone market slumps to lowest Q3 level in decade – Counterpoint

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..

Britain pulls rules aimed at applying lessons from Carillion, BHS, collapses

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..

Dollar gains against yen, eases against euro

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 ..

Pfizer’s foggy COVID outlook hits vaccine maker shares

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..

Italy unveils tax-cutting 2024 budget amid debt worries

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 ..

Bank of England considers changes to regulation of foreign bank branches

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..

Oil fall below $90 a barrel on report of US-Venezuela deal

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..

As global debt worries mount, is another crisis brewing?

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..