Central banks ease off on rate hike push in October
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks around t..
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Britain’s Metro Bank returned to profit in September, sees no customer stress
LONDON (Reuters) – Metro Bank said on Wednesday it returned to profit in September by keeping a tight rein on costs and has so f..
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Britain’s Next sticks to outlook after quarterly sales rise
By James Davey LONDON (Reuters) -British clothing retailer Next reaffirmed full-year guidance that was cut in September as it reported..
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Catering group Sodexo targets operating margin above 6% in 2025
(Reuters) -French catering and food services group Sodexo onWednesday forecast organic sales growth of between 6% and 8% for fiscal 20..
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Big brands set to miss plastic sustainability targets
By Joe Brock SINGAPORE (Reuters) – Some of the world’s biggest consumer goods companies, including PepsiCo, Mars and Nestl..
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Quebec’s elected officials must swear oath to King Charles to sit in National Assembly
(Reuters) – Quebec National Assembly speaker ruled on Tuesday that all elected members must swear an oath to Britain’s Kin..
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CVS, Walmart, Walgreens agree to pay $13.8 billion to settle U.S. opioid claims – sources
By Brendan Pierson (Reuters) -CVS Health Corp, Walgreens Boots Alliance Inc and Walmart Inc have tentatively agreed to pay about $13.8..
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Asian shares rise, dollar dips ahead of Fed policy decision
By Stella Qiu SYDNEY (Reuters) – Asian shares climbed on Wednesday, led by Chinese stocks on reopening hopes, while the dollar s..
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EA lowers bookings expectation on strong dollar, gaming slowdown
By Tiyashi Datta and Aditya Soni (Reuters) -Electronic Arts Inc lowered its annual bookings forecast on Tuesday as the publisher of &#..
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France’s Thales says hackers claim to have stolen data
PARIS (Reuters) -French defence and technology group Thales said on Tuesday the hacker group LockBit 3.0 claimed to have stolen some o..
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Robinhood, Coinbase find sanctuary in interest income amid market rout
By Niket Nishant and Manya Saini (Reuters) – For U.S. online trading companies an often-overlooked financial metric could act as..
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European shares kick off November on bright note
By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares gained on Tuesday, starting November on an upbeat note amid growing h..
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Elon Musk, who runs four other companies, will now be Twitter CEO
(Reuters) -Tesla Inc boss Elon Musk said on Monday he will serve as chief executive of Twitter, the social media company he just bough..
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Thomson Reuters keeps outlook, but wary of slowing economy
By Nick Zieminski and Kenneth Li NEW YORK (Reuters) -Thomson Reuters Corp kept its financial guidance for this year and next after a f..
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Scientists in Germany turn up heat on seagrass in climate change fight
BERLIN (Reuters) – Scientists in Germany are working on ways to restore seagrass fields in the Baltic Sea, vast natural sinks th..
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Chinese fashion retailer Shein to open permanent ‘event space’ in Tokyo
TOKYO (Reuters) – Chinese fashion retailer Shein is to open its first permanent premises in Tokyo this month, the company said o..
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Frankfurt steps up efforts to shift euro clearing from London
By Huw Jones LONDON (Reuters) – Deutsche Boerse’s derivatives division stepped up efforts on Tuesday to attract a bigger s..
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Prosus and Naspers deny report they are in talks to sell Tencent stake
AMSTERDAM (Reuters) -Technology investment firm Prosus NV and its South African parent Naspers on Tuesday rejected as “untrue..
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Exclusive-Tesla plans mass production start for Cybertruck at end of 2023-sources
(Reuters) – Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the..
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UK’s National Grid launches 50 million pound energy support fund
By Nina Chestney LONDON (Reuters) – Britain’s National Grid said on Tuesday it has launched a 50 million pound ($58 millio..
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BP sees $2.5 billion UK tax bill this year including windfall levy
LONDON (Reuters) – BP expects to pay around $2.5 billion in taxes for its British North Sea business this year, including $800 m..
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Dutch chemicals group DSM cuts profit target as costs soar
By Tristan Chabba (Reuters) -Dutch specialty chemicals maker DSM on Tuesday lowered its 2022 outlook after it saw energy and raw mater..
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Musk’s lenders prepare to hold $12.7 billion Twitter debt on books until early 2023 – FT
(Reuters) – Banks that lent $12.7 billion to Elon Musk for his $44 billion Twitter takeover will hold the debt until early next ..
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Toyota cuts output target amid chip crunch as profit tumbles 25%
TOKYO (Reuters) -Toyota Motor Corp on Tuesday posted a worse-than-expected 25% drop in quarterly profit and cut its annual output targ..
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Oil prices rise as weaker dollar offsets China COVID-19 concerns
By Isabel Kua SINGAPORE (Reuters) – Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar..
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UK government under pressure over conditions at migrant centre
By Kylie MacLellan LONDON (Reuters) – The British government came under increasing pressure on Monday to tackle deteriorating co..
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Instagram fixes bug that triggered hours-long outage
(Reuters) -Instagram said on Monday it had fixed a software bug that prevented thousands of users from accessing the photo-sharing pla..
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Stocks fall, bond yields rise as focus shifts to Fed, rate outlook
By Caroline Valetkevitch NEW YORK (Reuters) – A global stock index fell and U.S. Treasury yields edged up on Monday as investors..
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Oil slips on China COVID curbs, weak factory activity data
By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices fell on Monday following weaker-than-expected factory activity data out..
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Apple workers in Australia gear up for more strike action
By Lewis Jackson SYDNEY (Reuters) – Hundreds of Apple workers in Australia are set to strike again after almost two-thirds of em..
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Stocks rally wobbles as Fed hike draws near
By Tom Westbrook SINGAPORE (Reuters) – Asian stock markets wobbled higher on Monday as hopes waned that the U.S. Federal Reserve..
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Baillie Gifford funds bought more shares of China’s Pinduoduo, NIO in Q3
By Summer Zhen HONG KONG (Reuters) – Baillie Gifford, one of the largest asset managers in Europe and a China bull in recent yea..
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U.S. climate envoy Kerry: King Charles at COP27 would be ‘very powerful’
LONDON (Reuters) – It would be “very powerful” if King Charles attended the COP27 climate summit in Egypt, U.S. spec..
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French asset manager Amundi posts Q3 outflows of $13 billion
By Carolyn Cohn LONDON (Reuters) -Amundi posted net outflows of 12.9 billion euros ($12.86 billion) in the third quarter, the French a..
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EU approves effective ban on new fossil fuel cars from 2035
By Kate Abnett BRUSSELS (Reuters) -The European Union struck a deal on Thursday on a law to effectively ban the sale of new petrol and..
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Swedish Match continues to see strong smoke-free sales growth
c(Reuters) -Nicotine and tobacco products group Swedish Match on Friday reported third-quarter operating profit in line with forecasts..
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Porsche posts 40% jump in nine-month operating profit
BERLIN (Reuters) -Porsche reported a 40.6% leap in operating profit to more than 5 billion euros ($4.99 billion) on revenue up 15.7% i..
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