Burberry shares jump on Moncler bid report
(Reuters) -Burberry shares rose as much as 8% on Monday after a media report said Italian luxury outerwear maker Moncler was consideri..
Business
Business
Asia’s factory activity stagnates, taking shine off rebound in China
By Leika Kihara TOKYO (Reuters) – Asia’s manufacturing activity stagnated in October as a rebound in China failed to give ..
Business
Ericsson signs 5G ORAN deal with Spain’s MasOrange
By Supantha Mukherjee STOCKHOLM (Reuters) – Ericsson has signed a 5G deal with Spain’s largest telecoms operator, M..
Business
Covestro trims 2024 profit target again in a tough economy
(Reuters) -German chemicals maker Covestro lowered the upper end of its full-year core profit forecast range on Tuesday for the second..
Business
Volkswagen’s Traton reports higher sales in weak truck market
(Reuters) -Volkswagen’s truck unit Traton on Monday reported a 3% rise in nine-month revenue amid subdued demand for comm..
Business
Analysis-Bricks over clicks as shops come back into fashion in Europe
By Alberto Chiumento and Paolo Laudani (Reuters) – The rise of online shopping has led to swathes of store closures, casting dou..
Business
Global commercial insurance rates show first quarterly fall in seven years, Marsh says
LONDON (Reuters) – Global commercial insurance rates fell 1% in the third quarter of 2024, the first quarterly decline re..
Business
Italgas posts third-quarter core profit up 10.9% ahead of 2i Rete Gas acquisition
(Reuters) -Europe’s biggest gas distributor Italgas on Thursday reported 10.9% growth in third-quarter adjusted core earn..
Business
Gold’s allure spreads as bulls lock in on fresh records
By Polina Devitt and Swati Verma LONDON (Reuters) – Gold is extending a period of successive record highs, moving the psy..
Business
How Digital Tools Are Changing Business Operations
In today’s rapidly evolving business landscape, digital tools have become essential for enhancing efficiency, particularly for i..
Business
French bank Credit Agricole to buy 50% of GAC’s leasing unit
By Mathieu Rosemain and Sudip Kar-Gupta PARIS (Reuters) -Credit Agricole is planning to buy a 50% stake in the leasing unit of ..
Business
Adidas raises 2024 guidance again, citing good brand momentum
(Reuters) -Adidas on Tuesday raised its full-year sales and profit guidance, citing better than expected performance in the thi..
Business
Britain’s SSE rebuffed EDP proposal to merge, sources say
By Andres Gonzalez, Sarah McFarlane and Sergio Goncalves LONDON (Reuters) – Portugal’s main power utility EDP initi..
Business
Prospering in Economic Uncertainty: A Strategic Guide for Entrepreneurs
In times of economic uncertainty, rising inflation, and financial instability, entrepreneurs need to embrace strategies that promote r..
Business
UK economy returns to growth in August after two months of stagnation
By Suban Abdulla and Andy Bruce LONDON (Reuters) -Britain’s economy grew in August after two consecutive months of stagnation, p..
Business
Business
Spain’s top fashion retailers to launch trial to collect clothes waste in 2025
Spain’s top fashion retailers to launch trial to collect clothes waste in 2025
By Corina Pons MADRID (Reuters) – Spain’s largest fashion companies will start collecting discarded clothes from April next year as..
Business
IKEA sales fall 5% after price cuts amid weak housing market
By Helen Reid LONDON (Reuters) – IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid..
Business
Britain outlines details of closely watched workers’ rights plan
LONDON (Reuters) -Britain’s Labour government set out its plans on Thursday for the biggest change to employment law in a genera..
Business
Online shopping returns to growth in Europe amid fierce competition
By Helen Reid LONDON (Reuters) – Recovering consumer confidence has boosted online shopping in Europe this year, industry group ..
Business
Spain grants $146 million subsidy to Stellantis for potential EV battery plant
MADRID (Reuters) – Spain has granted automaker Stellantis a 133 million euro ($146 million) subsidy for its potential bat..
Business
Online retailer Shein’s 2023 sales hit $2 billion in UK
By Helen Reid (Reuters) -Shein’s British business made 1.55 billion pounds ($2 billion) in revenue in 2023, a filing by the on..
Business
Thirty marathons in 30 days: Briton tests his stamina to raise funds for rare disease
By Horaci Garcia and Nacho Doce BARCELONA (Reuters) – When Mike Humphreys finished his 42 kilometre (26.1 miles) run in B..
Business
Business
Europe launches Hera asteroid probe on SpaceX rocket
Europe launches Hera asteroid probe on SpaceX rocket
PARIS (Reuters) – Europe’s Hera asteroid probe blasted off from Florida on a SpaceX rocket on Monday, beginning a two-year voyage t..
Business
Global money market funds draw large inflows in the week to Oct. 2
(Reuters) – Global money market funds attracted large inflows in the week to Oct. 2 as investor caution ahead of a key U...
Business
Greece’s growth seen nearly unchanged in 2025, draft budget shows
By Lefteris Papadimas ATHENS (Reuters) – The Greek government is forecasting economic growth of 2.3% in 2025, outperformi..
Business
Exclusive-Samsung Electronics says it is not interested in spinning off foundry business
By Neil Jerome Morales and Heekyong Yang MANILA/SEOUL (Reuters) – Samsung Electronics is not interested in spinning off i..
Business
Pfizer wins bid to invalidate GSK’s patents over RSV vaccine
LONDON (Reuters) – Pfizer on Monday won a bid in a London court to invalidate two of GSK’s patents relating to a re..
Business
Italgas sees double-digit income growth to 2030, ups minimum dividend rise
By Francesca Landini and Cristina Carlevaro MILAN (Reuters) -Italy’s biggest gas distributor Italgas expects double-digit..
Business
Adani Group in talks to buy Heidelberg’s Indian cement operations, paper says
BENGALURU (Reuters) -The Adani Group is in talks to buy the Indian cement operations of Germany’s Heidelberg Materials in..
Business
Japan leads Asia stock rally, dollar firms after blowout US payrolls
By Kevin Buckland TOKYO (Reuters) – Asian stocks rallied and the dollar reached a fresh seven-week peak on the yen on Mon..
Business
Soccer-Beleaguered Man United battle to 0-0 draw at Villa
BIRMINGHAM, England (Reuters) -Manchester United ground out a 0-0 draw at Aston Villa on Sunday with the club suffering their w..
Business
Exclusive-Online retailer Shein to hold roadshows soon ahead of London IPO, sources say
By Julie Zhu, Amy-Jo Crowley and Hadeel Al Sayegh HONG KONG/LONDON (Reuters) – Shein is set to hold informal investor meetings i..
Business
Levi Strauss shares fall on weak holiday-quarter forecast
(Reuters) – Levi Strauss’ shares fell about 7% on Thursday after a tepid forecast for holiday-quarter revenue underscored ..
Business
Britain’s Tesco lifts profit outlook after strong first half
By James Davey LONDON (Reuters) -Tesco, Britain’s biggest supermarket group, lifted its annual profit forecast on Thursday after..
Business
Britain’s Tesco lifts annual profit forecast after strong first half
By James Davey LONDON (Reuters) -Tesco, Britain’s biggest supermarket group, lifted its annual profit forecast on Thursda..
Business
Euro area long-dated yields rise after sharp drop, geopolitics in focus
By Stefano Rebaudo (Reuters) – Euro area government bond yields rose on Wednesday, a day after long-dated yields posted their ..
Business
Sainsbury’s boss looks to UK budget to lift spending gloom
By James Davey COBHAM, England (Reuters) – Britons bruised by a cost of living crisis will not start spending strongly again unt..
Business