L’Oreal third quarter sales disappoint as China spends less on beauty
By Dominique Patton PARIS (Reuters) -French cosmetics giant L’Oreal reported a rise in third quarter sales on Tuesday tha..
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OpenAI hires ex-White House official as chief economist
(Reuters) – ChatGPT parent OpenAI has tapped former White House official Aaron Chatterji as its first chief economist to ..
Technology
Almond FinTech Announces Q4 Awards and Trade Shows
B2B FinTech Technology Provider Closes 2024 with Momentum Boston, MA, October 22, 2004 — Almond FinTech, a B2B technology ..
Technology
Germany identifies its first case of new mpox variant
BERLIN (Reuters) -Germany has detected its first case of the new mpox variant, the Robert Koch Institute for public health said..
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Eni to launch chemical business restructuring in coming days, sources say
MILAN (Reuters) – Italy’s Eni is expected to announce an overhaul of its chemical business in the coming days as it..
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German steelmaker Salzgitter cuts full-year guidance
(Reuters) – German steelmaker Salzgitter cut its full-year guidance on Tuesday, reporting a drop in its earnings during t..
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Brevan Howard says significant amount of its crypto trading done from UAE
By Nell Mackenzie (Reuters) – Brevan Howard does a significant amount of its crypto trading from the United Arab Emirates..
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King Charles visits melanoma clinic in Sydney and meets cancer survivors
SYDNEY (Reuters) – King Charles visited a skin cancer clinic in Sydney on Tuesday where he met cancer survivors and resea..
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German tax revenue rose 6.9% in September
BERLIN (Reuters) – Germany’s federal and state governments’ tax revenues rose 6.9% in September compared with..
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Logitech raises full-year outlook as sales and profit expectations climb
(Reuters) -Logitech International raised its full-year outlook after a strong performance and a growth in demand in the second ..
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Analysis-Can the new CVS CEO handle the Aetna challenge?
By Amina Niasse NEW YORK (Reuters) – As CVS Health’s new CEO David Joyner steps into the top job after Karen Lynch’s..
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Climate scientists warn Nordic ministers of changing Atlantic Ocean current
COPENHAGEN (Reuters) – More than 40 climate scientists are urging Nordic ministers to prevent global warming from causing..
Headlines
Gold’s allure spreads as bulls lock in on fresh records
By Polina Devitt and Swati Verma LONDON (Reuters) – Gold is extending a period of successive record highs, moving the psy..
Business
Retailer Carrefour reviewing work practices at Saudi partner after Amnesty raises concerns
PARIS (Reuters) -French supermarket retailer Carrefour said on Monday it is reviewing how staff are treated at Majid Al Futtaim..
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Forvia clinches new supply deals with China’s BYD and Xiaomi, shares jump
By Nathan Vifflin and Mara Vilcu (Reuters) -French car part supplier Forvia has secured new deals with Chinese automakers BYD and Xiao..
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STOXX 600 subdued with key earnings on tap; energy shares jump
By Paolo Laudani and Ankika Biswas (Reuters) -European shares struggled for direction on Monday, after two back-to-back weekly gains, ..
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German producer prices fall more than expected in September
BERLIN (Reuters) – German producer prices fell more than expected in September, declining 1.4% year on year, due mainly t..
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Sanofi reaches deal on terms of sale of consumer health arm, say French government sources
PARIS (Reuters) -Sanofi on Sunday reached an agreement on terms to sell a controlling stake in its consumer health unit Opella to U.S...
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Tepid start to week for world stocks, but gold, bitcoin shine
By Medha Singh and Rae Wee LONDON (Reuters) – Global stocks kicked off the week on a tepid note on Monday, after strong g..
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Perplexity AI in funding talks to more than double valuation to $8 billion, WSJ reports
(Reuters) -Jeff Bezos-backed Perplexity AI has begun fundraising talks in which it is looking to more than double its valuation..
Business
Triathlon-Britain’s Yee adds world title to Olympic gold
(Reuters) – British Olympic champion Alex Yee finished third after a barn-storming run in the men’s triathlon World Champi..
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UK’s Mothercare partners with Reliance to strengthen South Asia presence
(Reuters) – Mothercare formed a joint venture with Reliance Brands Holding UK, strengthening its presence in the South As..
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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..
Headlines
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..
News
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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