Novavax cuts full-year revenue forecast again amid weak demand
(Reuters) – Novavax Inc cut its full-year revenue forecast on Tuesday for the second time in three months, hurt by a global supp..
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Disney streaming beats Wall Street targets, earnings miss
By Dawn Chmielewski and Lisa Richwine (Reuters) – Walt Disney Co said on Tuesday its marquee streaming service, Disney+, gained ..
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Fingerprints™ and Tag Systems collaborate to offer contactless biometric payment cards globally
World-leading biometrics company, Fingerprint Cards AB (Fingerprints™) has entered a partnership with global card manufacturer, Tag Sy..
Technology
GumGum to integrate advanced attention measurement across all contextual campaigns
Playground xyz’s advanced attention technology and intelligence enables GumGum to optimise campaigns based on both attention and..
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Blow for EU crackdown on tax deals as Fiat wins appeal
By Foo Yun Chee LUXEMBOURG (Reuters) -Fiat Chrysler on Tuesday won its fight against an EU order to pay 30 million euros ($30 million)..
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Bayer beats Q3 profit forecast on strong herbicide sales
By Ludwig Burger FRANKFURT (Reuters) -Agriculture and pharmaceuticals company Bayer on Tuesday reported better-than-expected quarterly..
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Pandora braces for recession despite resilient demand
By Nikolaj Skydsgaard COPENHAGEN (Reuters) -Danish jewellery maker Pandora reported third-quarter sales just above expectations on Tue..
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Munich Re firmly sticks to 2022 target after quarterly profit rise
FRANKFURT (Reuters) – Munich Re on Tuesday said it posted a 44% rise in net profit in the third quarter, despite big claims from..
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Commerzbank, Norsk Hydro to invest 600 million euro into 1 GW of Danish solar
By Nora Buli OSLO (Reuters) – A joint venture of subsidiaries of Germany’s Commerzbank and Norway’s Norsk Hydro will..
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Factbox-‘Beaver blood moon’ offers world’s last total lunar eclipse until 2025
By Steve Gorman (Reuters) – Nighttime skywatchers from East Asia to North America will be treated to the rare spectacle of a ..
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Developing countries need $1 trillion a year in climate finance -report
SHARM EL-SHEIKH, Egypt (Reuters) – Developing countries need to work with investors, rich countries and development banks to sec..
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Bosch agrees to pay $25 million to settle California diesel emissions probe
By David Shepardson (Reuters) -German auto supplier Bosch has agreed pay $25 million to resolve California’s probe into the comp..
Headlines
UK chancellor Jeremy Hunt to announce a tax raid on inheritance -Telegraph
(Reuters) – British Finance Minister Jeremy Hunt is to announce a tax raid on inheritance as he attempts to balance the books in..
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Global hedge funds advance in October amid stocks rally
NEW YORK (Reuters) – Global hedge funds posted a 2% gain in October, helped by a rally in stock markets and a combination of hig..
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New Swedish government to cut fuel taxes, boost defence, police in budget
STOCKHOLM (Reuters) – Sweden’s new right-wing government will cut fuel taxes and give extra cash to the military and polic..
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Ford’s EV guru Field talks bottlenecks and opportunities
By Paul Lienert (Reuters) – An inadequate charging network and insufficient access to battery raw materials are critical bottlen..
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Green Investment Group to launch battery storage platform
LONDON (Reuters) – The Green Investment Group (GIG), owned by Macquarie Asset Management, will launch a new platform to develop ..
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Germany should hike taxes on rich to finance relief packages, advisers say – report
BERLIN (Reuters) – Germany’s economic advisory council will recommend the government raise taxes on the wealthy to help fi..
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Ireland to sell 8% of its majority stake in AIB in one go
DUBLIN (Reuters) – The Irish government received more than enough demand to cover the sale of 8% of its majority stake in Allied..
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Factbox-Strikes, protests in Europe over cost of living and pay
(Reuters) – European countries are facing strikes and protests due to high energy prices and mounting costs of living. Here are ..
Headlines
Analysis-Twitter’s ‘massive’ revenue drop adds to heavy debt burden
By Matt Tracy NEW YORK (Reuters) – Elon Musk’s revelation that Twitter has suffered a “massive” revenue drop s..
Headlines
At COP27, climate ‘loss and damage’ funding makes it on the table
By Laurie Goering SHARM EL-SHEIKH, Egypt (Thomson Reuters Foundation) – Warned that mounting economic crises should not delay ac..
Headlines
Negotiating our future’: Youth set to grab power roles at COP27
By Laurie Goering SHARM EL-SHEIKH, Egypt (Thomson Reuters Foundation) – Fiji’s Sivendra Michael was just a year old when P..
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How mixing farms with forests can help the UK reach net zero
By Rachel Parsons PETERBOROUGH, England (Thomson Reuters Foundation) – Stephen Briggs popped open his pocket knife, carved a wed..
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German industry calls for delay to global minimum tax – BDI
BERLIN (Reuters) – German industry has called for a delay to a global minimum corporate tax by at least a year to 2025 to give c..
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British minister to meet Taiwan president, drawing China’s anger
TAIPEI (Reuters) – A British minister will visit Taiwan this week for trade talks and meet President Tsai Ing-wen, his office sa..
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Russia’s Sberbank sues Glencore for $116 million over oil supplies
MOSCOW (Reuters) – Russia’s largest lender, Sberbank, is suing global commodities trader Glencore for around 117 million e..
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Mini-budget’ fallout hits UK house prices in October – Halifax
LONDON (Reuters) -British house prices fell in October at the fastest monthly rate since February 2021, a fresh sign of weakness in th..
Headlines
Analysis-Runaway prices have central Europe on the ropes
By Gergely Szakacs and Anna Wlodarczak-Semczuk BUDAPEST/WARSAW (Reuters) – While inflation in western Europe is largely expected..
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China’s COVID resurgence spurs new curbs, Foxconn imposes restrictions
SHANGHAI (Reuters) – China’s escalating COVID-19 resurgence has spurred authorities and companies, including key iPhone ma..
Headlines
Oil prices slide as hopes for China demand rebound fade
By Florence Tan SINGAPORE (Reuters) -Oil prices fell more than $1 a barrel on Monday after Chinese officials on the weekend reiterated..
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Six in ten Britons will spend less at Christmas -Deloitte survey
LONDON (Reuters) – Six in ten Britons believe they will have less money to spend over the Christmas period than last year, accor..
Headlines
“Live up to your climate promises,” UK PM will say
SHARM EL-SHEIKH, Egypt (Reuters) – British Prime Minister Rishi Sunak will on Monday use a speech at the United Nations climate ..
Headlines
Facebook parent Meta is preparing large-scale layoffs this week – WSJ
(Reuters) – Meta Platforms Inc is planning to begin large-scale layoffs this week that will affect thousands of employees, the W..
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ECB, UniCredit clash over capital plans, Russia presence, FT says
(Reuters) – The European Central Bank (ECB) has clashed with UniCredit over the Italian lender’s plans to return cash to s..
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Twitter asks some laid off workers to come back, Bloomberg reports
(Reuters) – After Twitter Inc laid off roughly half its staff on Friday following Elon Musk’s $44 billion acquisition, the..
Headlines
Dollar tumbles as U.S. nonfarm payrolls show mixed picture
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar slumped on Friday after the U.S. nonfarm payrolls report for October..
Finance