Number of female business leaders in Britain falls in 2024, report says
LONDON (Reuters) – The number of women who hold executive reins in corporate Britain has fallen for the first time in eig..
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FTSE 100 touches five-month closing high on optimism over rate cuts
By Pranav Kashyap and Sruthi Shankar (Reuters) -The UK’s FTSE 100 closed at a near five-month high on Thursday, as pest c..
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Denmark’s central bank cuts key interest rate to 2.85%, mirroring ECB
COPENHAGEN (Reuters) – Denmark’s central bank cut its key policy interest rate by 25 basis points to 2.85% on Thurs..
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Heightened Egyptian demand in tight market buoys European fuel oil prices
By Robert Harvey and Ahmad Ghaddar LONDON (Reuters) – A spike in Egyptian imports of fuel oil used for power generation has coin..
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ECB cuts rates once more as euro zone economy sags
By Francesco Canepa and Balazs Koranyi (Reuters) -The European Central Bank cut interest rates on Thursday for the third time this yea..
Finance
Wall St follows European shares higher after solid retail sales data
By Stephen Culp NEW YORK (Reuters) – U.S. stocks followed their European counterparts higher on Thursday as investors parsed an ..
Finance
Dollar jumps as retail sales confirm strong US economy
By Karen Brettell NEW YORK (Reuters) – The dollar jumped to an 11-week high on Thursday after data showed that U.S. retail sales..
Finance
Germany moves to strengthen domestic wind power industry
By Riham Alkousaa BERLIN (Reuters) -Germany is planning state guarantees for wind energy production, it said on Thursday, as part of a..
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Amazon reveals its first color Kindle e-reader after years of development
By Greg Bensinger SAN FRANCISCO (Reuters) – Amazon on Wednesday announced its first color Kindle e-reader following years..
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BHP iron ore output beats, copper production edges up on better grades at Escondida
By Rishav Chatterjee (Reuters) -Global miner BHP beat first-quarter iron ore output estimates on Thursday, spurred by easing of..
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Smaller UK firms need help to end ‘doom loop’, think tank says
LONDON (Reuters) – Britain’s smaller listed companies can reverse a “doom loop”, driven by plummeting v..
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Airbus to cut up to 2,500 jobs in defence and space
By Tim Hepher PARIS (Reuters) -Airbus announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space division af..
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Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record
By Tatiana Bautzer, Manya Saini and Niket Nishant (Reuters) – Morgan Stanley’s profit surpassed estimates on a bumper thir..
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Adyen co-founder’s new firm Tebi raises $22 million to expand
By Toby Sterling AMSTERDAM (Reuters) – The co-founder of payments giant Adyen has begun scaling up his new business softw..
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GSK sues Moderna for US patent infringement over COVID, RSV vaccines
By Blake Brittain (Reuters) -British drugmaker GlaxoSmithKline sued Moderna in U.S. federal court in Delaware on Tuesday, accus..
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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 ..
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Tech stocks hurt STOXX 600, ASML logs biggest one-day drop in 26 years
By Paolo Laudani, Ankika Biswas and Johann M Cherian (Reuters) -European shares posted their biggest one-day drop in over two w..
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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..
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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
Blackstone to invest $8.2 billion in data centres in northeastern Spain
MADRID (Reuters) – Blackstone, the world’s largest alternative asset manager, plans to invest 7.5 billion euros ($8..
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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
Spain 12-month EU-harmonised inflation falls to 1.7% in September
(Reuters) – Spain’s European Union-harmonised 12-month inflation fell to 1.7% in September, down from 2.4% in the p..
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Adobe starts roll-out of AI video tools, challenging OpenAI and Meta
(Reuters) – Adobe on Monday said it has started publicly distributing an AI model that can generate video from text promp..
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US tech firms to invest $8.2 billion in UK data centres
LONDON (Reuters) – Britain said on Monday that U.S. firms ServiceNow, CyrusOne, CloudHQ and CoreWeave would invest a comb..
News
Tesla’s sporty, two-seater robotaxi design puzzles experts
By Abhirup Roy and Chris Kirkham SAN FRANCISCO (Reuters) -Tesla’s reveal of a robotaxi designed as a low-slung, two-seate..
Technology
Hungary seeks housing boost from pensions ahead of 2026 election
By Gergely Szakacs BUDAPEST (Reuters) -Hungary’s economy ministry proposed on Monday that savings in private pension acco..
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Sterling dips as investors look to UK jobs, inflation reports this week
By Medha Singh LONDON (Reuters) – The pound held near a one-month low against the dollar on Monday ahead of wage growth a..
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Exclusive-Ericsson gets new 5G contract from India’s Bharti Airtel, sources say
By Supantha Mukherjee STOCKHOLM (Reuters) -Swedish telecom gear maker Ericsson has received a new multi-billion dollar contract..
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Stellantis’ CEO declines to rule out job cuts in challenging market
PARIS (Reuters) – Stellantis CEO Carlos Tavares on Monday declined to rule out job cuts and said keeping up with Chinese ..
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Inside China’s bid to build sway over global metals pricing
By Pratima Desai and Siyi Liu LONDON/SINGAPORE (Reuters) – China is locking in steps to shape the pricing of the vast qua..
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Geopolitics dents big UK businesses’ optimism, Deloitte says
By Andy Bruce (Reuters) – Optimism in large British companies softened ahead of the new Labour government’s first a..
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Athletics-Kenya’s Chepngetich smashes women’s marathon world record
(Reuters) -Kenya’s Ruth Chepngetich put on a performance for the ages as she obliterated the women’s marathon world..
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NASA spacecraft to study whether Jupiter’s moon Europa can harbor life
By Will Dunham WASHINGTON (Reuters) – NASA is set to launch a spacecraft to Jupiter’s moon Europa, considered one o..
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Italian-run space centre in Kenya to be used again for earth observation
MILAN (Reuters) – An Italian-run space centre in Kenya will be used again for the launch of Earth observation satellites ..
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Dollar flat against peers as markets digest U.S. economic data
By Chibuike Oguh, Alun John NEW YORK/LONDON (Reuters) -The U.S. dollar was little changed against major currencies on Friday as market..
Finance
Stocks higher after inflation data keeps Fed expectations on hold
By Chuck Mikolajczak NEW YORK (Reuters) -Global stocks were higher and poised for a weekly gain while longer-dated U.S. Treasury yield..
Finance
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