Business

Strides Pharma Consolidates European Business-to-Business Operations in Switzerland

Strides Pharma Consolidates European Business-to-Business Operations in Switzerland

·        Market proximity of Strides Pharma International AG, based in Zug, Switzerland, opens the way for rapid ..

Some global property catastrophe reinsurance rates to fall 5% to 15% on Jan 1, broker says

Some global property catastrophe reinsurance rates to fall 5% to 15% on Jan 1, broker says

LONDON (Reuters) – Global property catastrophe reinsurance rates will fall 5% to 15% on Jan. 1 for books of businesses which hav..

Fuel Cards: The Ultimate Guide for UK Fleet Owners and Truck Drivers

Fuel Cards: The Ultimate Guide for UK Fleet Owners and Truck Drivers

Managing a fleet in today’s competitive and challenging world is no easy feat. From increasing fuel costs and driver management ..

Swiss International University Announces $21.7 Million Acquisition of Academies in Switzerland, Dubai and Kyrgyzstan

Swiss International University Announces $21.7 Million Acquisition of Academies in Switzerland, Dubai and Kyrgyzstan

Swiss International University LLC acquires four leading academies in Switzerland, Kyrgyzstan and the UAE from a well-established lear..

Smaller game titles stretched by delays in crowded market, Embracer CEO says

Smaller game titles stretched by delays in crowded market, Embracer CEO says

By Jesus Calero (Reuters) – Game development delays and extended production timelines are straining video game companies, the CE..

Games developer Embracer misses Q2 operating profit forecast

Games developer Embracer misses Q2 operating profit forecast

By Jesus Calero (Reuters) – Games developer Embracer on Thursday posted a bigger-than-expected drop in second-quarter operating ..

Greenwashing: The Perils of Misleading Sustainability in Advertising

Greenwashing: The Perils of Misleading Sustainability in Advertising

By Ronn Torossian founder 5WPR, a leading PR firm. Ronn Torossian In recent years, sustainability has emerged as a critic..

NEW LEADERSHIP TEAM DRIVES MAJOR YEAR-ON-YEAR GROWTH AT INFINOX CAPITAL LIMITED

NEW LEADERSHIP TEAM DRIVES MAJOR YEAR-ON-YEAR GROWTH AT INFINOX CAPITAL LIMITED

Companies House filings show a 117% increase in pre-tax profits and 70% reduction in administration costs New Leadership Team inclu..

Walmart, other US retailers import fewer Christmas goods ahead of tepid holiday season

Walmart, other US retailers import fewer Christmas goods ahead of tepid holiday season

By Richa Naidu, Aishwarya Venugopal and Siddharth Cavale (Reuters) – Santa Claus is not delivering as many Christmas trees, toys..

DHL reports Q3 net income below expectations

DHL reports Q3 net income below expectations

(Reuters) -German logistics giant DHL reported a third quarter net income of 751 million euros ($817 million) on Tuesday, missing anal..

China EV price deal needs be as effective as tariffs, says EU official

China EV price deal needs be as effective as tariffs, says EU official

BRUSSELS (Reuters) – Any agreement reached with Chinese producers on minimum prices for electric vehicles would need to be as ef..

Burberry shares jump on Moncler bid report

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..

Asia’s factory activity stagnates, taking shine off rebound in China

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 ..

Ericsson signs 5G ORAN deal with Spain’s MasOrange

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..

Covestro trims 2024 profit target again in a tough economy

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..

Volkswagen’s Traton reports higher sales in weak truck market

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..

Analysis-Bricks over clicks as shops come back into fashion in Europe

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..

Global commercial insurance rates show first quarterly fall in seven years, Marsh says

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..

Italgas posts third-quarter core profit up 10.9% ahead of 2i Rete Gas acquisition

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..

Gold’s allure spreads as bulls lock in on fresh records

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..

How Digital Tools Are Changing Business Operations

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..

French bank Credit Agricole to buy 50% of GAC’s leasing unit

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 ..

Adidas raises 2024 guidance again, citing good brand momentum

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..

Britain’s SSE rebuffed EDP proposal to merge, sources say

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..

Prospering in Economic Uncertainty: A Strategic Guide for Entrepreneurs

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..

UK economy returns to growth in August after two months of stagnation

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

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..

IKEA sales fall 5% after price cuts amid weak housing market

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..

Britain outlines details of closely watched workers’ rights plan

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..

Online shopping returns to growth in Europe amid fierce competition

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 ..

Spain grants $146 million subsidy to Stellantis for potential EV battery plant

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..

Online retailer Shein’s 2023 sales hit $2 billion in UK

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..

Thirty marathons in 30 days: Briton tests his stamina to raise funds for rare disease

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

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..

Global money market funds draw large inflows in the week to Oct. 2

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...

Greece’s growth seen nearly unchanged in 2025, draft budget shows

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..

Exclusive-Samsung Electronics says it is not interested in spinning off foundry 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..