News

STOXX 600 subdued with key earnings on tap; energy shares jump

STOXX 600 subdued with key earnings on tap; energy shares jump

By Paolo Laudani and Ankika Biswas (Reuters) -European shares struggled for direction on Monday, after two back-to-back weekly gains, ..

German producer prices fall more than expected in September

German producer prices fall more than expected in September

  BERLIN (Reuters) – German producer prices fell more than expected in September, declining 1.4% year on year, due mainly t..

Tepid start to week for world stocks, but gold, bitcoin shine

Tepid start to week for world stocks, but gold, bitcoin shine

  By Medha Singh and Rae Wee LONDON (Reuters) – Global stocks kicked off the week on a tepid note on Monday, after strong g..

Sanofi reaches deal on terms of sale of consumer health arm, say French government sources

Sanofi reaches deal on terms of sale of consumer health arm, say French government sources

PARIS (Reuters) -Sanofi on Sunday reached an agreement on terms to sell a controlling stake in its consumer health unit Opella to U.S...

Perplexity AI in funding talks to more than double valuation to $8 billion, WSJ reports

Perplexity AI in funding talks to more than double valuation to $8 billion, WSJ reports

  (Reuters) -Jeff Bezos-backed Perplexity AI has begun fundraising talks in which it is looking to more than double its valuation..

Triathlon-Britain’s Yee adds world title to Olympic gold

Triathlon-Britain’s Yee adds world title to Olympic gold

(Reuters) – British Olympic champion Alex Yee finished third after a barn-storming run in the men’s triathlon World Champi..

UK’s Mothercare partners with Reliance to strengthen South Asia presence

UK’s Mothercare partners with Reliance to strengthen South Asia presence

  (Reuters) – Mothercare formed a joint venture with Reliance Brands Holding UK, strengthening its presence in the South As..

Number of female business leaders in Britain falls in 2024, report says

Number of female business leaders in Britain falls in 2024, report says

  LONDON (Reuters) – The number of women who hold executive reins in corporate Britain has fallen for the first time in eig..

FTSE 100 touches five-month closing high on optimism over rate cuts

FTSE 100 touches five-month closing high on optimism over rate cuts

  By Pranav Kashyap and Sruthi Shankar (Reuters) -The UK’s FTSE 100 closed at a near five-month high on Thursday, as pest c..

Denmark’s central bank cuts key interest rate to 2.85%, mirroring ECB

Denmark’s central bank cuts key interest rate to 2.85%, mirroring ECB

  COPENHAGEN (Reuters) – Denmark’s central bank cut its key policy interest rate by 25 basis points to 2.85% on Thurs..

Heightened Egyptian demand in tight market buoys European fuel oil prices

Heightened Egyptian demand in tight market buoys European fuel oil prices

By Robert Harvey and Ahmad Ghaddar LONDON (Reuters) – A spike in Egyptian imports of fuel oil used for power generation has coin..

Germany moves to strengthen domestic wind power industry

Germany moves to strengthen domestic wind power industry

By Riham Alkousaa BERLIN (Reuters) -Germany is planning state guarantees for wind energy production, it said on Thursday, as part of a..

Amazon reveals its first color Kindle e-reader after years of development

Amazon reveals its first color Kindle e-reader after years of development

  By Greg Bensinger SAN FRANCISCO (Reuters) – Amazon on Wednesday announced its first color Kindle e-reader following years..

BHP iron ore output beats, copper production edges up on better grades at Escondida

BHP iron ore output beats, copper production edges up on better grades at Escondida

  By Rishav Chatterjee (Reuters) -Global miner BHP beat first-quarter iron ore output estimates on Thursday, spurred by easing of..

Smaller UK firms need help to end ‘doom loop’, think tank says

Smaller UK firms need help to end ‘doom loop’, think tank says

  LONDON (Reuters) – Britain’s smaller listed companies can reverse a “doom loop”, driven by plummeting v..

Airbus to cut up to 2,500 jobs in defence and space

Airbus to cut up to 2,500 jobs in defence and space

  By Tim Hepher PARIS (Reuters) -Airbus announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space division af..

Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record

Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record

By Tatiana Bautzer, Manya Saini and Niket Nishant (Reuters) – Morgan Stanley’s profit surpassed estimates on a bumper thir..

Adyen co-founder’s new firm Tebi raises $22 million to expand

Adyen co-founder’s new firm Tebi raises $22 million to expand

  By Toby Sterling AMSTERDAM (Reuters) – The co-founder of payments giant Adyen has begun scaling up his new business softw..

GSK sues Moderna for US patent infringement over COVID, RSV vaccines

GSK sues Moderna for US patent infringement over COVID, RSV vaccines

  By Blake Brittain (Reuters) -British drugmaker GlaxoSmithKline sued Moderna in U.S. federal court in Delaware on Tuesday, accus..

Blackstone to invest $8.2 billion in data centres in northeastern Spain

Blackstone to invest $8.2 billion in data centres in northeastern Spain

  MADRID (Reuters) – Blackstone, the world’s largest alternative asset manager, plans to invest 7.5 billion euros ($8..

Spain 12-month EU-harmonised inflation falls to 1.7% in September

Spain 12-month EU-harmonised inflation falls to 1.7% in September

  (Reuters) – Spain’s European Union-harmonised 12-month inflation fell to 1.7% in September, down from 2.4% in the p..

Adobe starts roll-out of AI video tools, challenging OpenAI and Meta

Adobe starts roll-out of AI video tools, challenging OpenAI and Meta

  (Reuters) – Adobe on Monday said it has started publicly distributing an AI model that can generate video from text promp..

US tech firms to invest $8.2 billion in UK data centres

US tech firms to invest $8.2 billion in UK data centres

  LONDON (Reuters) – Britain said on Monday that U.S. firms ServiceNow, CyrusOne, CloudHQ and CoreWeave would invest a comb..

Hungary seeks housing boost from pensions ahead of 2026 election

Hungary seeks housing boost from pensions ahead of 2026 election

  By Gergely Szakacs BUDAPEST (Reuters) -Hungary’s economy ministry proposed on Monday that savings in private pension acco..

News

Sterling dips as investors look to UK jobs, inflation reports this week

Sterling dips as investors look to UK jobs, inflation reports this week

  By Medha Singh LONDON (Reuters) – The pound held near a one-month low against the dollar on Monday ahead of wage growth and inflation dat..

Exclusive-Ericsson gets new 5G contract from India’s Bharti Airtel, sources say

Exclusive-Ericsson gets new 5G contract from India’s Bharti Airtel, sources say

  By Supantha Mukherjee STOCKHOLM (Reuters) -Swedish telecom gear maker Ericsson has received a new multi-billion dollar contract..

Stellantis’ CEO declines to rule out job cuts in challenging market

Stellantis’ CEO declines to rule out job cuts in challenging market

  PARIS (Reuters) – Stellantis CEO Carlos Tavares on Monday declined to rule out job cuts and said keeping up with Chinese ..

News

Inside China’s bid to build sway over global metals pricing

Inside China’s bid to build sway over global metals pricing

  By Pratima Desai and Siyi Liu LONDON/SINGAPORE (Reuters) – China is locking in steps to shape the pricing of the vast quantities of indus..

Geopolitics dents big UK businesses’ optimism, Deloitte says

Geopolitics dents big UK businesses’ optimism, Deloitte says

  By Andy Bruce (Reuters) – Optimism in large British companies softened ahead of the new Labour government’s first a..

Athletics-Kenya’s Chepngetich smashes women’s marathon world record

Athletics-Kenya’s Chepngetich smashes women’s marathon world record

  (Reuters) -Kenya’s Ruth Chepngetich put on a performance for the ages as she obliterated the women’s marathon world..

NASA spacecraft to study whether Jupiter’s moon Europa can harbor life

NASA spacecraft to study whether Jupiter’s moon Europa can harbor life

  By Will Dunham WASHINGTON (Reuters) – NASA is set to launch a spacecraft to Jupiter’s moon Europa, considered one o..

Italian-run space centre in Kenya to be used again for earth observation

Italian-run space centre in Kenya to be used again for earth observation

  MILAN (Reuters) – An Italian-run space centre in Kenya will be used again for the launch of Earth observation satellites ..

Hungary’s economy to get boost from housing next year, PM Orban says

Hungary’s economy to get boost from housing next year, PM Orban says

  By Gergely Szakacs and Anita Komuves BUDAPEST (Reuters) -Hungary’s economic growth will accelerate substantially in the f..

Dutch economy minister pushes for European chip industry coalition

Dutch economy minister pushes for European chip industry coalition

  ROME (Reuters) – The Dutch economy minister said on Thursday he wants to form a European Union “coalition of the wi..

Tesla to give permanent jobs to 500 temporary staff at German gigafactory

Tesla to give permanent jobs to 500 temporary staff at German gigafactory

  FRANKFURT (Reuters) -Tesla on Thursday said it would give permanent jobs from Nov. 1 to 500 temporary workers at its German gig..

UK property market strengthens, pressure on renters intensifies, RICS says

UK property market strengthens, pressure on renters intensifies, RICS says

LONDON (Reuters) – Britain’s housing market recovered further last month, according to property surveyors who said house p..

Hurricane Milton leaves Florida with less damage than feared

Hurricane Milton leaves Florida with less damage than feared

By Leonara LaPeter Anton and Brad Brooks ST. PETERSBURG, Florida (Reuters) -Hurricane Milton plowed into the Atlantic Ocean on Thursda..