Japan’s Konica Minolta to cut 2,400 jobs, book $132 million in expenses
TOKYO (Reuters) – Japan’s Konica Minolta said on Thursday it will trim 2,400 jobs worldwide during the current fiscal year..
Headlines
All Posts
Novo says Ozempic starter kits still not available in Germany in Q2
FRANKFURT (Reuters) – Novo Nordisk has warned that starter kits of its popular diabetes drug Ozempic will still not be available..
Headlines
Euro zone inflation unexpectedly eases, boosting rate cut case
FRANKFURT (Reuters) – Euro zone inflation fell unexpectedly last month, solidifying the case for the European Central Bank to st..
Headlines
UK supermarket sales rise 5.4%, NIQ market researcher says
LONDON (Reuters) – British supermarket total sales rose by 5.4% year-over-year in the four weeks to March 23 as slowing inflatio..
Headlines
UK’s Topps Tiles flags persistent weak demand in 2024 after lower H1 volumes
(Reuters) -Britain’s largest tile retailer Topps Tiles said on Wednesday subdued demand in the domestic repair and maintenance s..
Headlines
Diversifying companies delivered 53% higher annual shareholder returns during and after COVID
Study from Stryber of 738 listed businesses in Europe showed that companies which diversified their revenue streams deliver 53% highe..
Headlines
Swiss Re appoints Andreas Berger as new CEO from July
ZURICH (Reuters) -Reinsurance company Swiss Re said on Wednesday Andreas Berger would become group chief executive officer from July, ..
Headlines
CMA CGM acquires 10% in stake in Volvo-Renault EV joint venture, Renault says
(Reuters) – French car manufacturer Renault on Wednesday announced that shipping group CMA CGM officially joined Flexis, its par..
Headlines
Card payments no longer the default choice for consumers – local payments are the new hero
A new global study of 10,500 consumers across 37 markets reveals a mainstream shift in the way people around the world pay online Fin..
Finance
Euro zone factory downturn deepened again in March, PMI shows
LONDON (Reuters) – Euro zone manufacturing activity took a further turn for the worse in March, contracting at a steeper pace th..
Headlines
IKEA Foundation backs emerging market EV push with $100 million grant
LONDON (Reuters) – A global initiative to accelerate electric vehicle uptake has received a $100 million funding boost from the ..
Headlines
UK shop prices rise at slowest pace since December 2021
LONDON (Reuters) – Prices in British shops rose at the slowest pace in more than two years in March, the British Retail Consorti..
Headlines
Disney edges ahead in battle for board seats with activist investors
NEW YORK (Reuters) – Walt Disney appeared to pull ahead of activist investors in the battle for board seats and the future of th..
Headlines
UBS launches new $2bn share buyback
ZURICH (Reuters) -UBS on Tuesday announced it was launching a new share buyback programme of up to $2 billion, with up to half being c..
Headlines
BMW and India’s Tata Technologies to form JV for developing software
BENGALURU (Reuters) -BMW Group and Tata Technologies will form a joint venture for the development of software for the German luxury a..
Headlines
King Charles greets well-wishers after Easter Sunday service
WINDSOR, England (Reuters) -Britain’s King Charles greeted well-wishers in an impromptu walkabout after an Easter church service..
Headlines
China believes France will provide fair business environment for Chinese firms, foreign ministry says
BEIJING (Reuters) – China will import even more high-quality products and services from France and believes the European country..
Headlines
Exclusive-Microsoft to separate Teams and Office globally amid antitrust scrutiny
BRUSSELS (Reuters) – Microsoft will sell its chat and video app Teams separately from its Office product globally, the U.S. tech..
Headlines
Xiaomi’s EV buyers face up to seven-month wait for car, app shows
BEIJING (Reuters) -Xiaomi is advising would-be buyers of its new SU7 electric sedan that they could face an up to seven-month wait, it..
News
Stocks subdued, yen in focus, with inflation data on tap
NEW YORK/LONDON (Reuters) -A gauge of global share markets was barely changed on Thursday as it was poised to end the quarter with sol..
Headlines
Hershey, Mondelez bet big on Easter as cocoa price crisis looms
(This March 26 story has been refiled to correct the data source to ‘NielsenIQ’ from ‘Nielsen’ in paragraph 23..
Headlines
Greece to raise monthly minimum wage by 6.4% to 830 euros
ATHENS (Reuters) – Greece will raise its monthly minimum gross wage by 6.4% to 830 euros, the conservative government said on Fr..
Finance
Syngenta ditches multi-billion dollar China IPO bid
BEIJING (Reuters) -Swiss agrichemicals and seeds group Syngenta on Friday withdrew its bid for a multi-billion dollar listing on the S..
News
India keen on trade deals with Britain, Oman early in Modi’s probable third term, sources say
By Shivangi Acharya NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi is likely to prioritise completion of free trade d..
News
UK’s Thames Water in crisis after shareholders refuse to pay up
LONDON (Reuters) -Thames Water, Britain’s biggest water utility, said on Thursday its shareholders had refused to pay 500 millio..
Headlines
Mercedes partly loses class action case over diesel defeat devices
BERLIN (Reuters) – A German court ruled on Thursday partly in favour of consumers in a class action suit against Mercedes Benz o..
Headlines
UK competition regulator decides against in-depth probe of Aviva, AIG Life UK merger
LONDON (Reuters) -Britain’s competition regulator said on Thursday that it has decided not to open an in-depth ‘phase 2..
Headlines
JD Sports’ January sales fall in ‘challenging’ market
LONDON (Reuters) -British sportswear retailer JD Sports said trading conditions remained challenging after its like-for-like sales dro..
Headlines
French company Valeo to use more Google Cloud AI tools
PARIS (Reuters) – French car parts maker Valeo said on Thursday it would be using more Google Cloud AI tools at Valeo, highlight..
Headlines
Analysis-Foreign firms’ losses from exiting Russia top $107 billion
(Reuters) – The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billio..
Headlines
Climate change, AI in focus at Commonwealth’s Oct meet in Samoa
SYDNEY (Reuters) -Climate change and efforts to keep up with advances in artificial intelligence top the agenda for a Commonwealth mee..
Headlines
UK homeowners and businesses resilient to high interest rates, BoE says
LONDON, March 27 (Reuters) – British mortgage holders and businesses are generally coping well with high interest rates and prob..
Headlines
Analysis – Europe’s gas stocks point to healthy supply next winter
LONDON (Reuters) – The European Union will have plenty of gas in stock next winter and the remaining buyers of Russian pipelin..
Headlines
Factbox-European companies cut jobs as economy sputters
(Reuters) – The highest inflation for decades and the impact of the war in Ukraine have forced companies across Europe into layo..
Headlines
Ferrari to expand cooperation with battery supplier SK On
MILAN (Reuters) – Luxury sports car manufacturer Ferrari has entered a preliminary agreement with its electric-vehicle (EV) batt..
Business
Shares edge higher; yen’s drop to 1990 low lifts Nikkei
By Kevin Buckland and Amanda Cooper LONDON/TOKYO (Reuters) – Global shares rose on Wednesday, nudged higher by a rally in Japane..
Finance
Olympics-Parisians get ready to leave city with rental cash in pocket
PARIS (Reuters) – Like many Parisians, Martin Cassan will be heading the other way when the tidal wave of Olympics visitors hits..
Headlines