Headlines

Digital ad market shows ‘signs of life’ but economy clouds 2023 outlook

Digital ad market shows ‘signs of life’ but economy clouds 2023 outlook

By Sheila Dang and Katie Paul (Reuters) – When Snap Inc kicks off the third-quarter earnings season for tech and social media co..

BMW invests $1.7 billion to build electric vehicles in U.S

BMW invests $1.7 billion to build electric vehicles in U.S

By David Shepardson SPARTANBURG, South Carolina (Reuters) -BMW AG said on Wednesday it will invest $1.7 billion to build electric vehi..

Nestle sales soar as price rises drive growth

Nestle sales soar as price rises drive growth

By John Revill and Richa Naidu ZURICH/LONDON (Reuters) -Nestle posted its strongest nine-month sales growth in 14 years on Wednesday a..

Tesla investors to focus on demand issues in earnings report

Tesla investors to focus on demand issues in earnings report

(Reuters) -Tesla Inc’s quarterly report on Wednesday will likely show whether the Elon Musk-led electric-vehicle maker is facing..

Italy’s Brembo sets up venture capital arm to invest in tech startups

Italy’s Brembo sets up venture capital arm to invest in tech startups

MILAN (Reuters) – Premium brakes maker Brembo said on Wednesday it had set up an internal venture capital unit, called Brembo Ve..

Irish central bank eases strict mortgage-lending limits

Irish central bank eases strict mortgage-lending limits

By Conor Humphries DUBLIN (Reuters) -Ireland’s central bank is to ease mortgage-lending limits to allow first-time property buye..

Australia to investigate reports pilots trained Chinese military – minister

Australia to investigate reports pilots trained Chinese military – minister

By Kirsty Needham, Jamie Freed and Lucy Craymer SYDNEY/WELLINGTON (Reuters) -Australia’s defence minister said its military was ..

China lodges representations over alleged harassment at Manchester consulate

China lodges representations over alleged harassment at Manchester consulate

BEIJING (Reuters) – China’s foreign ministry, responding to a question about clashes between Hong Kong protesters and the ..

Just Eat delivers Q3 profit as cost cuts outweigh lower order volumes

Just Eat delivers Q3 profit as cost cuts outweigh lower order volumes

By Diana Mandia and Dagmarah Mackos (Reuters) -Just Eat Takeaway.com, Europe’s largest meal delivery company, said on Wednesday ..

ECB to go big again on Oct. 27 with 75 bps rate hike: Reuters poll

ECB to go big again on Oct. 27 with 75 bps rate hike: Reuters poll

By Jonathan Cable LONDON (Reuters) – The European Central Bank will go for another jumbo 75 basis point increase to its deposit ..

OutThink raises $10 million to tackle human errors behind data breaches

OutThink raises $10 million to tackle human errors behind data breaches

By Juliette Portala (Reuters) – London-based cybersecurity company OutThink has raised $10 million in early-stage investments ba..

UK regulator’s head of enforcement to step down in 2023

UK regulator’s head of enforcement to step down in 2023

By Kirstin Ridley and Carolyn Cohn LONDON (Reuters) -Mark Steward, head of enforcement at Britain’s Financial Conduct Authority ..

Oracle Cloud adding tens of thousands of Nvidia chips for AI

Oracle Cloud adding tens of thousands of Nvidia chips for AI

By Jane Lanhee Lee OAKLAND, Calif. (Reuters) – Oracle Corp and Nvidia Corp on Tuesday announced they are expanding their partner..

Holcim supports resolution with U.S. regarding legacy operations in Syria

Holcim supports resolution with U.S. regarding legacy operations in Syria

ZURICH (Reuters) – Holcim said it supported the agreement made by Lafarge SA with the United States Department of Justice on Tue..

Tesla tops battery-electric vehicle registrations in Germany, beating Volkswagen

Tesla tops battery-electric vehicle registrations in Germany, beating Volkswagen

BERLIN (Reuters) – Tesla topped registrations of battery-electric vehicles in Germany in the first nine months of this year at n..

Factbox-Strikes, protests in Europe over cost of living and pay

Factbox-Strikes, protests in Europe over cost of living and pay

(Reuters) – European countries are facing more strikes and protests due to high energy prices and mounting costs of living. Here..

Analysis-UK crisis forces ‘off kilter’ businesses to halt investment

Analysis-UK crisis forces ‘off kilter’ businesses to halt investment

By Kate Holton and James Davey LONDON (Reuters) – British company owners are pulling investments as a crisis triggered in Westmi..

Britain’s political and market turmoil

Britain’s political and market turmoil

LONDON (Reuters) – Prime Minister Liz Truss has apologised for threatening Britain’s economic stability after she was forc..

Bond vigilantes mean business, governments better beware

Bond vigilantes mean business, governments better beware

(This Oct. 17 story has been refiled to add a dropped word in paragraph 2.) By Marc Jones and Yoruk Bahceli LONDON (Reuters) – T..

Russian soft drinks maker to cut back investments, hiring over new sugar tax

Russian soft drinks maker to cut back investments, hiring over new sugar tax

MOSCOW (Reuters) – Chernogolovka, a Russian soft drinks producer hoping to seize market share as Western competitors leave, said..

Inflation drives global firms eastward in Europe in search of cost savings

Inflation drives global firms eastward in Europe in search of cost savings

By Michael Kahn and Anna Koper PRAGUE/WARSAW (Reuters) – Central European companies that provide remote, lower-cost business ser..

Australia, Singapore sign ‘green economy’ pact

Australia, Singapore sign ‘green economy’ pact

By Lewis Jackson SYDNEY (Reuters) – Australia and Singapore agreed on Tuesday on a “green economy” deal to boost coo..

Rio Tinto tempers annual iron ore shipments outlook as demand weakens

Rio Tinto tempers annual iron ore shipments outlook as demand weakens

By Harish Sridharan (Reuters) -Rio Tinto forecast annual iron ore shipments at the lower end of its guidance on Tuesday, after third-q..

UK’s Truss: ‘Sorry’ for the mistakes, but ‘I’m sticking around’

UK’s Truss: ‘Sorry’ for the mistakes, but ‘I’m sticking around’

LONDON (Reuters) -Britain’s Prime Minister Liz Truss apologised for “mistakes” in her programme that caused investor..

YouTube expands audio and podcast advertising for brands

YouTube expands audio and podcast advertising for brands

By Sheila Dang (Reuters) – Alphabet Inc’s YouTube will expand ways for advertisers to reach music and podcast listeners an..

Visa, Mastercard under fresh FTC investigation over debit card routing – WSJ

Visa, Mastercard under fresh FTC investigation over debit card routing – WSJ

(Reuters) – The U.S. Federal Trade Commission is investigating whether Visa Inc and Mastercard Inc’s security tokens restr..

France fined over air pollution again

France fined over air pollution again

PARIS (Reuters) -France’s highest administrative court on Monday ordered the state to pay two new 10-million-euro ($9.75 million..

Stellantis CEO calls for talks to soften EU’s 2035 fossil-fuel car ban

Stellantis CEO calls for talks to soften EU’s 2035 fossil-fuel car ban

By Gilles Guillaume PARIS (Reuters) – The European Union’s proposed 2035 ban on fossil-fuel cars should be renegotiated to..

Britain’s political and market turmoil

Britain’s political and market turmoil

LONDON (Reuters) – New finance minister Jeremy Hunt scrapped Prime Minister Liz Truss’s Sept. 23 mini-budget and scaled ba..

UK consumer industries warn curbing energy support will hit demand

UK consumer industries warn curbing energy support will hit demand

LONDON (Reuters) – The mood among Britain’s beleaguered retail and hospitality industries darkened on Monday on fears new ..

Britain’s financial system under stress amid market turmoil -analysts

Britain’s financial system under stress amid market turmoil -analysts

By Iain Withers and Lawrence White LONDON (Reuters) -Britain’s banks and financial firms face deepening stress from rising fundi..

Market turmoil a boon for trend-following hedge funds

Market turmoil a boon for trend-following hedge funds

By Nell Mackenzie (Reuters) – Trend-following hedge funds are capitalising on market disruption and geopolitical unrest, with fu..

Bank of England publishes rules for energy firms’ liquidity tool

Bank of England publishes rules for energy firms’ liquidity tool

LONDON (Reuters) – The Bank of England published on Monday the rules for energy firms seeking to use a new liquidity tool design..

UK finance minister Hunt to make statement at 1000 GMT – source

UK finance minister Hunt to make statement at 1000 GMT – source

LONDON (Reuters) – British finance minister Jeremy Hunt will make a statement at 1000 GMT, a source in Prime Minister Liz Truss&..

ITV shares jump on reports it could sell stake in production arm

ITV shares jump on reports it could sell stake in production arm

LONDON (Reuters) – Shares in ITV jumped 7% in early deals on Monday, lifted by a Financial Times report that it is considering s..

UK’s Hargreaves Lansdown CEO Hill to step down

UK’s Hargreaves Lansdown CEO Hill to step down

By Sinchita Mitra (Reuters) -Hargreaves Lansdown said on Monday its Chief Executive Officer Chris Hill would step down after more than..

How Britain’s pension scheme hedge became a trillion pound gamble

How Britain’s pension scheme hedge became a trillion pound gamble

By Tommy Wilkes and Carolyn Cohn LONDON (Reuters) -It started out simply enough: British pension schemes were looking for a way to mat..