Nestle divests peanut allergy business Palforzia
ZURICH (Reuters) – Nestle has divested its peanut allergy treatment business Palforzia, the Swiss food company said on Monday, f..
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Czech Finance Ministry proposes 2024 state budget with $11.3 billion deficit
PRAGUE (Reuters) – The Czech Finance Ministry has proposed a 2024 central state budget with a 252 billion crown ($11.36 billion..
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Cybercrime to cost Germany 206 billion euros in 2023 -survey
BERLIN (Reuters) -The theft of IT equipment and data, as well as digital and industrial espionage and sabotage, will cost Germany 206 ..
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Why is Huawei’s new smartphone generating so much buzz?
SHENZHEN, China (Reuters) -The surprise launch of the latest high-end smartphone from Chinese tech giant Huawei Technologies has trigg..
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UK statistics office revises up strength of post-COVID bounce back
By David Milliken LONDON (Reuters) -Britain’s statistics office has sharply revised up its estimate for the size of the economy..
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NatWest appoints former Nationwide CFO to its UK bank board
LONDON (Reuters) – NatWest has appointed Mark Rennison, a former Nationwide Building Society Chief Financial Officer, to the boa..
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Airline SAS to boost capacity after first quarterly profit since 2019
By Marie Mannes STOCKHOLM (Reuters) -Scandinavian airline SAS plans to ramp-up winter capacity this year, the company said on Friday ..
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British home prices to fall 4% in 2023 as borrowing costs bite – Reuters poll
By Jonathan Cable LONDON (Reuters) – British home prices will fall 4% this year, more than was thought a few months ago, as hig..
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Dollar set for weekly loss as crucial US jobs data looms
By Kevin Buckland TOKYO (Reuters) – The dollar was on course to snap a six-week winning streak against major peers on Friday, a..
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Swiss takeover board rules NewGAMe’s partial offer for GAM shares complies with rules
(Reuters) – Switzerland’s takeover board has ruled that a partial offer for up to 28 million shares of GAM Holding by an ..
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Dell raises full-year forecasts on AI strength, demand recovery
(Reuters) – Dell Technologies raised its full-year forecast for revenue and profit on Thursday, as it benefited from the artific..
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French data watchdog carries out ‘checks’ at Worldcoin Paris office
PARIS (Reuters) -France’s data watchdog carried out “checks” at Worldcoin’s Paris office this week, amid globa..
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StanChart CFO Halford to retire, hires former BofA senior banker
(Reuters) -Standard Chartered said on Thursday Andy Halford has decided to retire as chief financial officer, with former Bank of Ame..
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Privacy activist Schrems files complaints against Google’s Fitbit
By Supantha Mukherjee STOCKHOLM (Reuters) – Advocacy group Noyb on Thursday filed complaints against Google-owned Fitbit in Aus..
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UK business optimism at 18-month high on hopes for rate hike pause
LONDON (Reuters) – British companies are their most confident since before Russia’s invasion of Ukraine, according to a s..
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UK’s car output continues growth streak for six months in July- SMMT
(Reuters) – Britain’s car production rose for the sixth consecutive month in July as automakers continued to recover from..
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French prices to stay high till March -Les Mousquetaires grocery chain
PARIS (Reuters) -Retail prices in France will not fall significantly before March, the boss of supermarkets group Les Mousquetaires s..
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European car sales rise 15% in July, EVs up nearly 61%
LONDON (Reuters) – European new car registrations jumped 15.2% in July, the 12th consecutive month of growth as the auto industr..
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Australia’s Orora confirms talks to buy French glass bottles maker Saverglass
(Reuters) – Australian packaging firm Orora Ltd confirmed on Wednesday it was in advanced discussions regarding a potential acqu..
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England to rollout world-first seven-minute cancer treatment jab
(Reuters) – Britain’s state-run national health service will be the first in the world to offer an injection that treats c..
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Oil rises 1% on softer dollar, US braces for hurricane hit
By Shariq Khan BENGALURU (Reuters) -Oil prices rallied more than a dollar a barrel on Tuesday as the greenback slid, while investors ..
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Russia’s Rosneft shows H1 net income at 652 billion rbls
MOSCOW (Reuters) – Russia’s largest oil producer Rosneft said on Tuesday its January to June net income reached 652 billi..
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World shares rally as China offers markets a hand
By Nell Mackenzie and Amanda Cooper LONDON (Reuters) -U.S. stocks were set to open higher on Monday after China announced measures to..
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Thyssenkrupp’s Nucera targets growth to meet green hydrogen demand
BERLIN (Reuters) – Thyssenkrupp Nucera laid out growth plans on Monday after reporting strong sales and operating income, as the..
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Paralympics-Paris 2024 eyes sell-out crowds to beat London record – IPC
By Karolos Grohmann (Reuters) – The Paris 2024 Paralympics aim to sell every one of the 2.8 million tickets before the global e..
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Analysis-Nvidia’s $25 billion buyback ‘a head-scratcher’ for some shareholders
By Lewis Krauskopf, Chibuike Oguh and Lance Tupper NEW YORK (Reuters) – Nvidia’s move to buy back $25 billion of its shar..
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Shell taps Goldman Sachs to explore Singapore refinery sale -sources
SINGAPORE (Reuters) -Shell is considering a sale of its Singapore refining and petrochemical plants as part of a broader strategic rev..
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Reactions as India’s Chandrayaan-3 makes historic moon landing
NEW DELHI (Reuters) -India on Wednesday became the fourth country to land on the moon after the Indian Space Research OrganisationR..
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Germany plans to double AI funding in race with China, U.S
BERLIN (Reuters) – Germany plans to almost double its public funding for artificial intelligence research to nearly a billion e..
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Factory slump and cost-of-living squeeze puts UK economy on course to shrink
By David Milliken LONDON (Reuters) -Britain’s economy looks on course to shrink during the current quarter and risks falling in..
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Britain’s Ocado Retail and Sainsbury’s cut prices again
By James Davey LONDON (Reuters) -British food retailers Ocado Retail and Sainsbury’s cut more prices on Wednesday, in a further..
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Euro falls on gloomy PMI data, dollar hits 2-month high
By Samuel Indyk and Ankur Banerjee LONDON (Reuters) – The euro fell to a more than two-month low against the dollar and a 12-mo..
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UK pay deals cool for first time in 2023, easing pressure on BoE: XpertHR
LONDON (Reuters) – Pay deals awarded by British employers cooled for the first time this year in the quarter to July, which may ..
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Analysis-Arm’s clients turn IPO into tug of war for chip influence
By Milana Vinn, Anirban Sen and Stephen Nellis NEW YORK/SAN FRANCISCO (Reuters) – A scramble among Arm Holdings Ltd’s cli..
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Oil prices settle lower on nagging worries about Chinese demand
(Reuters) -Oil prices settled lower on Tuesday as investors remained focused on the likelihood that China’s economic malaise wil..
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Paris bans pony rides for children following animal rights campaign
PARIS (Reuters) – Paris will ban pony rides for children in its public parks from 2025 following a campaign by animal rights act..
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UBS upgrades global equities’ rating to ‘neutral’
(Reuters) – Economists at UBS have upgraded their rating for global equities, citing recent economic and inflation data coming i..
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