Business

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..

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 Ap..

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..

Multilateral banks could lend up to $480 billion more before rating downgrades, Fitch says 

Multilateral banks could lend up to $480 billion more before rating downgrades, Fitch says 

  (Reuters) – A dozen of the largest multilateral development banks could collectively lend a further half-trillion dollars..

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 ..

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..

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...

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..

Italgas sees double-digit income growth to 2030, ups minimum dividend rise

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..

Adani Group in talks to buy Heidelberg’s Indian cement operations, paper says

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..

Soccer-Beleaguered Man United battle to 0-0 draw at Villa

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..

Exclusive-Online retailer Shein to hold roadshows soon ahead of London IPO, sources say

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..

Levi Strauss shares fall on weak holiday-quarter forecast

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 ..

Britain’s Tesco lifts profit outlook after strong first half

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..

Britain’s Tesco lifts annual profit forecast after strong first half

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..

Euro area long-dated yields rise after sharp drop, geopolitics in focus

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 ..

Sainsbury’s boss looks to UK budget to lift spending gloom

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..

SoftBank to invest $500 million in OpenAI, The Information reports

SoftBank to invest $500 million in OpenAI, The Information reports

  (Reuters) – Japanese telecom company SoftBank’s Vision Fund will invest $500 million in OpenAI’s latest fundi..

Grifols plans to invest $402 million in new industrial centre, El Economista says

Grifols plans to invest $402 million in new industrial centre, El Economista says

  (Reuters) – Spanish drugmaker Grifols plans to invest 360 million euros ($401.98 million) to build a new industrial plant..

Exclusive-Ubisoft activist investor says it has support of 10% of shareholders in management tussle

Exclusive-Ubisoft activist investor says it has support of 10% of shareholders in management tussle

  By Zaheer Kachwala (Reuters) – An activist investor pushing for a sale of “Assassin’s Creed” maker Ubis..

European shares end marginally lower as energy stocks drop

European shares end marginally lower as energy stocks drop

  By Pranav Kashyap and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 closed slightly lower on Wednesday as energy stocks ..

Miniso shares slump on plans to buy stake in Yonghui Superstores

Miniso shares slump on plans to buy stake in Yonghui Superstores

  HONG KONG (Reuters) -Shares of Miniso Group Holding plunged as much as 39.2% to HK$20 ($2.57) on Tuesday after the company said..

Nike veteran Hill to replace Donahoe as CEO; shares jump

Nike veteran Hill to replace Donahoe as CEO; shares jump

By Juveria Tabassum, Nicholas P. Brown (Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the comp..

Nike’s next CEO Hill brings a bootstraps mentality

Nike’s next CEO Hill brings a bootstraps mentality

By Nicholas P. Brown (Reuters) – Elliott Hill started at Nike as an intern in 1988 but steadily scaled its ranks, banking on v..

Analysis-Investors shun European car stocks despite rock bottom valuations

Analysis-Investors shun European car stocks despite rock bottom valuations

  By Sruthi Shankar and Danilo Masoni (Reuters) – European auto stocks are so unpopular right now that investors keep reduc..

UK supermarket sales growth slows after summer holidays

UK supermarket sales growth slows after summer holidays

LONDON (Reuters) – British supermarket sales growth slowed over the last month as consumers trimmed spending after their summer ..

French millers face long grind as rain-hit wheat harvest comes in

French millers face long grind as rain-hit wheat harvest comes in

PARIS (Reuters) – Flour mills in France are facing higher costs and a long search for grain as they feel the effects of a dire w..

UK’s Asda says retail veteran Stuart Rose to lead business

UK’s Asda says retail veteran Stuart Rose to lead business

  By James Davey LONDON (Reuters) -British supermarket group Asda, which has been losing market share, said its chairman, veteran..

With Fed’s rate cut at hand, debate swirls over how big a move

With Fed’s rate cut at hand, debate swirls over how big a move

  By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve on Wednesday almost certainly will lower interest rates fo..

Daimler Truck eyes half of Europe sales from EVs in 2030

Daimler Truck eyes half of Europe sales from EVs in 2030

  By Ilona Wissenbach and Andrey Sychev HANOVER, Germany (Reuters) -Daimler Truck, one of the world’s biggest commercial ve..

BP to sell its US onshore wind business

BP to sell its US onshore wind business

(Reuters) -BP plans to sell its U.S. onshore wind energy business, it announced on Monday, saying the assets were not aligned with its..

Central Europe factories and retailers shut in flood-hit areas

Central Europe factories and retailers shut in flood-hit areas

By Jan Lopatka PRAGUE (Reuters) -Factories and stores across central Europe shut down production lines and closed their doors on Monda..

UK’s embattled manufacturers see brighter days, Make UK/BDO survey shows

UK’s embattled manufacturers see brighter days, Make UK/BDO survey shows

  By Andy Bruce (Reuters) – British manufacturers grappling with falling output and fading growth in new orders see better ..

British ministers head to Gulf for talks on new trade deal

British ministers head to Gulf for talks on new trade deal

(Reuters) – Britain’s new trade ministers visited the Gulf region on Monday in a first joint visit for talks on a possible..

UK’s Domino’s Pizza plans to hire 5,000 staff ahead of peak holiday season

UK’s Domino’s Pizza plans to hire 5,000 staff ahead of peak holiday season

  (Reuters) – Britain’s Domino’s Pizza Group said on Monday that it plans to hire 5,000 staff across the UK and..