Asia markets start big month on cautious footing as US jobs data looms
By Stella Qiu SYDNEY (Reuters) -Asian markets started what could be a momentous mont..
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Morning Bid: A November to remember..
A look at the day ahead in European and global markets from Stella Qiu Asian markets..
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Exclusive-Chinese researchers develop AI model for military use on back of Meta’s Llama
By James Pomfret and Jessie Pang (Reuters) -Top Chinese research institutions linked..
Technology
Asia’s factory activity stagnates, taking shine off rebound in China
By Leika Kihara TOKYO (Reuters) – Asia’s manufacturing activity stagnate..
Business
Virgin Money UK picks insider Gergely Zaborszky as next CFO
(Reuters) – British lender Virgin Money UK said on Wednesday that insider Gerg..
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Amundi’s Q3 net inflows profit from ETF demand, Asian operations
By Mathieu Rosemain PARIS (Reuters) – Amundi, Europe’s biggest fund mana..
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French economy expanded 0.4% in Q3, INSEE says
PARIS (Reuters) -French economic growth beat estimates by accelerating by 0.4..
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Ericsson signs 5G ORAN deal with Spain’s MasOrange
By Supantha Mukherjee STOCKHOLM (Reuters) – Ericsson has signed a 5G de..
Business
More companies planning price hikes in Germany, survey finds
BERLIN (Reuters) – Companies in Germany’s industrial, retail and ..
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Covestro trims 2024 profit target again in a tough economy
(Reuters) -German chemicals maker Covestro lowered the upper end of its full-year co..
Business
Volkswagen’s Traton reports higher sales in weak truck market
(Reuters) -Volkswagen’s truck unit Traton on Monday reported a 3% rise ..
Business
Novartis to pay Monte Rosa $150 million upfront to develop a new class of drugs
(Reuters) – Swiss pharmaceutical giant Novartis will pay Monte Rosa The..
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Analysis-Markets gear up for two wild weeks of elections and rate moves
By Harry Robertson and Naomi Rovnick LONDON (Reuters) – Investors globally are..
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Norway’s wealth fund falls short on climate ambitions, NGO says
By Gwladys Fouche OSLO (Reuters) – The world’s largest sovereign wealth ..
Finance
G20 welcomes recommendations to unlock funding for climate transition projects
By Marcela Ayres WASHINGTON (Reuters) -A group of funds backed by the world&#..
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Accor adjusts guidance as it sees strong demand at luxury hotels
By Marta Maciag and Nathan Vifflin (Reuters) -Accor, Europe’s largest h..
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Exclusive-JBS, Sigma vie for Kraft Heinz’s $3 billion hot-dog business, sources say
By Abigail Summerville NEW YORK (Reuters) – Brazilian meatpacker JBS an..
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European shares end flat as economic woes overshadow upbeat earnings
By Paolo Laudani, Ankika Biswas and Johann M Cherian (Reuters) -European shar..
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Tesla promises paid robotaxis next year, but significant hurdles remain
By Chris Kirkham (Reuters) -Tesla CEO Elon Musk on Wednesday said the electri..
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Harley-Davidson lowers full-year revenue forecast on weak demand
By Kannaki Deka and Nathan Gomes (Reuters) -Harley-Davidson cut its annual re..
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FTSE 100 closes higher on earnings boost
By Pranav Kashyap (Reuters) -London’s blue-chip stock index edged highe..
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Allianz weighs options for AllianzGI unit, sources say
By Amy-Jo Crowley, Alexander Hübner, Andres Gonzalez and Anousha Sakoui LONDO..
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ECB hawks push back against bets on more and bigger cuts
By Balazs Koranyi WASHINGTON (Reuters) -Three European Central Bank officials..
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Europe struggling to meet offshore wind targets, industry heads and lawmakers say
By Jacob Gronholt-Pedersen and Stine Jacobsen ODENSE, Denmark (Reuters) ̵..
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Global commercial insurance rates show first quarterly fall in seven years, Marsh says
LONDON (Reuters) – Global commercial insurance rates fell 1% in the thi..
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Italgas posts third-quarter core profit up 10.9% ahead of 2i Rete Gas acquisition
(Reuters) -Europe’s biggest gas distributor Italgas on Thursday reporte..
Business
Harry Potter publisher Bloomsbury tracks ahead of FY24-25 expectations on fantasy-fiction demand
(Reuters) -UK’s Bloomsbury Publishing on Thursday said trading in fisca..
News
IBM misses third-quarter revenue estimates as consulting drags; shares fall
By Arsheeya Bajwa (Reuters) -International Business Machines missed analysts&..
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Wolfspeed shelves plans to build chip factory in Germany
(Reuters) -Wolfspeed has shelved plans to build a semiconductor factory in En..
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IMF says UK should shield investment while curbing debt
By David Lawder and David Milliken WASHINGTON (Reuters) -Britain should bring..
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Mike Ashley’s Frasers drops plan to buy luxury brand Mulberry
(Reuters) -British sportswear and apparel retailer Frasers Group walked away ..
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French bond investors brace for Moody’s rating review
By Stefano Rebaudo (Reuters) – Rating agency Moody’s will review ..
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Euro zone consumer confidence rises to -12.5 in October
(Reuters) – Euro zone consumer confidence rose by 0.4 points in October..
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Air Liquide confirms full-year targets after in-line quarter
By Olivier Cherfan (Reuters) -French industrial gases supplier Air Liquide re..
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Goldman sees oil prices holding around $76/bbl in 2025 on ample supply
(Reuters) – Goldman Sachs expects oil prices to average $76 a barrel in..
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L’Oreal third quarter sales disappoint as China spends less on beauty
By Dominique Patton PARIS (Reuters) -French cosmetics giant L’Oreal rep..
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OpenAI hires ex-White House official as chief economist
(Reuters) – ChatGPT parent OpenAI has tapped former White House officia..
Technology