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..
Headlines
Headlines
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..
Headlines
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..
Headlines
Swedish Match continues to see strong smoke-free sales growth
(Reuters) -Nicotine and tobacco products group Swedish Match on Friday reported third-quarter operating profit in line with forecasts ..
Headlines
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..
Headlines
Analysis-European retailers are on investors’ naughty lists this Christmas
By Joice Alves LONDON (Reuters) – The Christmas shopping period is unlikely to bring relief to European retailers that sell anyt..
Headlines
Lights maker Signify cuts annual outlook on lower consumer demand, China woes
(Reuters) -Signify, the world’s biggest maker of lights, cut its full-year profit margin and sales guidance on Friday, hit by lo..
Headlines
Equinor posts record profit boosted by soaring gas
By Nerijus Adomaitis and Nora Buli OSLO (Reuters) – Equinor on Friday posted forecast-beating record profits for the third quart..
Headlines
South Korea has not supplied lethal weapons to Ukraine, president says
SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Friday Seoul has not provided any lethal weapons to Ukraine, afte..
Headlines
Universal Music Q3 earnings beat expectations, streaming growth slows
AMSTERDAM (Reuters) -Universal Music Group NV (UMG), the largest record label, on Thursday reported better than expected third-quarter..
Headlines
Food group Danone raises 2022 outlook as third-quarter sales beat expectations
By Dominique Vidalon PARIS (Reuters) – French food group Danone on Thursday raised its 2022 revenue growth forecast after its th..
Headlines
French unions unanimously sign wage agreement with EDF, company says
PARIS (Reuters) – France’s EDF has formally signed a wage agreement for its workers in the country with all unions present..
Headlines
ECB raises interest rates again, cuts bank subsidies
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank raised interest rates again on Thursday a..
Headlines
Capgemini ‘comfortable’ with top end 2022 targets but sees demand slowing
By Dagmarah Mackos (Reuters) -French IT consulting group Capgemini sees demand slowing in 2023 but expects results at the top end of g..
Headlines
Oil rises on strong crude demand, despite China fears
By Alex Lawler LONDON (Reuters) -Oil rose on Thursday, extending a rally of nearly 3% in the previous session, as optimism over record..
Headlines
Britain’s car output drops 6% as supply woes persist
(Reuters) – British car production dropped 6% in September, an industry body said on Thursday, as the sector continues to bear t..
Headlines
Hotel group Accor continues post-COVID recovery after a ‘gorgeous’ summer
By Diana Mandia and Dina Kartit (Reuters) – Europe’s biggest hotel group Accor reported higher than expected third-quarter..
Headlines
Macron, Scholz plaster over differences with smiles and a handshake
By Michel Rose PARIS (Reuters) – French President Emmanuel Macron and German Chancellor Olaf Scholz met in Paris with smiles and..
Headlines
Italy’s windfall tax on energy companies needs to be rewritten – PM
ROME (Reuters) – Italy needs to rewrite its windfall tax on energy companies that have benefited from surging oil and gas prices..
Headlines
Heathrow Airport says return to pre-pandemic demand years away
LONDON (Reuters) -Britain’s biggest airport Heathrow reported a nine-month loss of 442 million pounds ($507 million) and warned ..
Headlines
Twitter shares cruise towards Musk’s offer price as deal deadline looms
By Medha Singh (Reuters) – Twitter Inc’s stock inched closer to Elon Musk’s $54.20 per share buyout offer for the mi..
Headlines
France’s Dassault Systemes shares slump on reduced licence target
By Karol Badohal GDANSK (Reuters) -French software maker Dassault Systemes’ shares dropped more than 5% on Wednesday, erasing Tu..
Headlines
Factbox-European gas prices: why have they been falling?
By Nina Chestney LONDON (Reuters) – European benchmark gas prices have been steadily declining over the past few months to near ..
Headlines
UK’s Sunak plans to meet Biden in G20 summit
(Reuters) – British Prime Minister Rishi Sunak spoke with U.S. President Joe Biden on Tuesday evening and they are set to meet i..
Headlines
UK PM Sunak’s office says ‘the hard work begins now’
LONDON (Reuters) – British Prime Minister Rishi Sunak is now ready to face the hard work of government after appointing his seni..
Headlines
Factbox-Dominic Raab returns to government as deputy PM under Sunak
LONDON (Reuters) – British lawmaker Dominic Raab was appointed deputy prime minister and minister of justice on Tuesday, returni..
Headlines
James Cleverly to remain UK foreign minister – statement
LONDON (Reuters) – James Cleverly has been re-appointed as Britain’s foreign minister, Prime Minister Rishi Sunak’s ..
Headlines
New PM Rishi Sunak pledges to lead Britain out of economic crisis
By Kate Holton, Elizabeth Piper and Alistair Smout LONDON (Reuters) -Rishi Sunak became Britain’s third prime minister in two mo..
Headlines
Factbox-UK PM Rishi Sunak’s new team of ministers
LONDON (Reuters) – British Prime Minister Rishi Sunak on Tuesday appointed key ministers to his government after replacing Liz T..
Headlines
Factbox-What is Rishi Sunak’s solution to Britain’s problems?
LONDON (Reuters) – Since entering the contest to be British prime minister, frontrunner Rishi Sunak has said little publicly abo..
Headlines
Rishi Sunak declared next leader of UK Conservative Party, to become next PM
LONDON (Reuters) – Rishi Sunak was declared the next leader of Britain’s Conservative Party by the head of the 1922 Commit..
Headlines
EU countries seek common stance on climate compensation for COP27
By Kate Abnett and Bart H. Meijer BRUSSELS (Reuters) -Ministers from European Union countries will attempt on Monday to agree their ne..
Headlines
China’s Xi clinches third term, packs leadership with loyalists
By Yew Lun Tian and Tony Munroe BEIJING (Reuters) -China’s Xi Jinping secured a precedent-breaking third leadership term on Sund..
Headlines
Poland’s Bank Millennium third-quarter results hit by payment holidays
WARSAW (Reuters) -Bank Millennium, part of Portuguese banking group Millennium bcp, on Monday reported a third-quarter net loss of 1.0..
Headlines
Euro zone October PMI adds to evidence bloc is heading for recession
By Jonathan Cable LONDON (Reuters) -The euro zone is likely entering a recession with business activity contracting at the fastest pac..
Headlines
FTSE 100 slips on stronger pound; PM race takes focus
By Johann M Cherian (Reuters) -UK’s FTSE 100 fell on Monday as a stronger pound and weaker oil prices weighed on the blue-chip i..
Headlines
No messing around with red-hot inflation: Five questions for the ECB
By Dhara Ranasinghe, Stefano Rebaudo and Kripa Jayaram LONDON (Reuters) – The European Central Bank meets on Thursday and appear..
Headlines