EU approves effective ban on new fossil fuel cars from 2035
By Kate Abnett BRUSSELS (Reuters) -The European Union struck a deal on Thursday on a law to effectively ban the sale of new petrol and..
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Swedish Match continues to see strong smoke-free sales growth
(Reuters) -Nicotine and tobacco products group Swedish Match on Friday reported third-quarter operating profit in line with forecasts ..
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Porsche posts 40% jump in nine-month operating profit
BERLIN (Reuters) -Porsche reported a 40.6% leap in operating profit to more than 5 billion euros ($4.99 billion) on revenue up 15.7% i..
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Analysis-European retailers are on investors’ naughty lists this Christmas
By Joice Alves LONDON (Reuters) – The Christmas shopping period is unlikely to bring relief to European retailers that sell anyt..
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Lights maker Signify cuts annual outlook on lower consumer demand, China woes
(Reuters) -Signify, the world’s biggest maker of lights, cut its full-year profit margin and sales guidance on Friday, hit by lo..
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Equinor posts record profit boosted by soaring gas
By Nerijus Adomaitis and Nora Buli OSLO (Reuters) – Equinor on Friday posted forecast-beating record profits for the third quart..
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South Korea has not supplied lethal weapons to Ukraine, president says
SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Friday Seoul has not provided any lethal weapons to Ukraine, afte..
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Universal Music Q3 earnings beat expectations, streaming growth slows
AMSTERDAM (Reuters) -Universal Music Group NV (UMG), the largest record label, on Thursday reported better than expected third-quarter..
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Food group Danone raises 2022 outlook as third-quarter sales beat expectations
By Dominique Vidalon PARIS (Reuters) – French food group Danone on Thursday raised its 2022 revenue growth forecast after its th..
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French unions unanimously sign wage agreement with EDF, company says
PARIS (Reuters) – France’s EDF has formally signed a wage agreement for its workers in the country with all unions present..
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ECB raises interest rates again, cuts bank subsidies
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank raised interest rates again on Thursday a..
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“The new role models now show it’s okay to let the ball drop because you know they’re going to pick it back up again”
Role models don’t need to be perfect, says Across the Pond’s Finance Director Sinthiya Croos – they should be able to show their vuln..
Business
Four tips for overcoming economic pressures as an SME
Author: Nicky Tozer, EMEA SVP at Oracle NetSuite Pressure, as theoldadage goes, creates diamonds. In the face of adversity, we ..
Finance
Unilever downbeat on Europe, China consumer sentiment
By Richa Naidu LONDON (Reuters) -Unilever Plc on Thursday gave a dire assessment of consumer sentiment in Europe and China, two of its..
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Capgemini ‘comfortable’ with top end 2022 targets but sees demand slowing
By Dagmarah Mackos (Reuters) -French IT consulting group Capgemini sees demand slowing in 2023 but expects results at the top end of g..
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Oil rises on strong crude demand, despite China fears
By Alex Lawler LONDON (Reuters) -Oil rose on Thursday, extending a rally of nearly 3% in the previous session, as optimism over record..
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Britain’s car output drops 6% as supply woes persist
(Reuters) – British car production dropped 6% in September, an industry body said on Thursday, as the sector continues to bear t..
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Hotel group Accor continues post-COVID recovery after a ‘gorgeous’ summer
By Diana Mandia and Dina Kartit (Reuters) – Europe’s biggest hotel group Accor reported higher than expected third-quarter..
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Macron, Scholz plaster over differences with smiles and a handshake
By Michel Rose PARIS (Reuters) – French President Emmanuel Macron and German Chancellor Olaf Scholz met in Paris with smiles and..
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Italy’s windfall tax on energy companies needs to be rewritten – PM
ROME (Reuters) – Italy needs to rewrite its windfall tax on energy companies that have benefited from surging oil and gas prices..
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Heathrow Airport says return to pre-pandemic demand years away
LONDON (Reuters) -Britain’s biggest airport Heathrow reported a nine-month loss of 442 million pounds ($507 million) and warned ..
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Twitter shares cruise towards Musk’s offer price as deal deadline looms
By Medha Singh (Reuters) – Twitter Inc’s stock inched closer to Elon Musk’s $54.20 per share buyout offer for the mi..
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France’s Dassault Systemes shares slump on reduced licence target
By Karol Badohal GDANSK (Reuters) -French software maker Dassault Systemes’ shares dropped more than 5% on Wednesday, erasing Tu..
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Factbox-European gas prices: why have they been falling?
By Nina Chestney LONDON (Reuters) – European benchmark gas prices have been steadily declining over the past few months to near ..
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European banks cash in on rising rates as clouds gather
By Tom Sims, John O’Donnell and Jesús Aguado FRANKFURT (Reuters) – Some of Europe’s largest banks warned of growing ..
Finance
Young Greeks priced out as inflation, rents soar
By George Georgiopoulos and Lefteris Papadimas ATHENS (Reuters) – Like many young Greeks trying to live within their means, Chri..
Finance
Mercedes-Benz lifts profit forecast as luxury cars boom
By Victoria Waldersee BERLIN (Reuters) -Mercedes-Benz raised its full-year profit forecast on Wednesday as strong demand for luxury ca..
Business
StanChart surprises with 40% profit jump, ups income goal on rising rates
By Anshuman Daga and Lawrence White SINGAPORE (Reuters) -Standard Chartered’s third-quarter profit surged 40% as higher interest..
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Puma confirms full-year outlook, flags market volatility
By Alexander Hübner and Joice Alves BERLIN/LONDON (Reuters) – Shares in Puma fell 1.75% on Wednesday after the company confirmed..
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Sustainable packaging provider wraps up £6m investment to enter new markets and accelerate product development
Caerphilly-based packaging innovator, Transcend Packaging, has secured a £6m facility from alternative lender Growth Lending. T..
Finance
Snellman Chooses Infor Cloud ERP System
Finnish Food Group to adopt Infor CloudSuite Food & Beverage to support future growth and new business operations Infor®, t..
Finance
Catherine Schmitt-Weber, Partner at Oliver Wight EAME tells us all about delivering humanitarian aid in a crisis
https://oliverwight-eame.com/biography/catherine-schmitt-weber What role do procurement and supply teams play in acquiri..
Business
5 Steps from start-up to scale-up
Rob Stone – Founder & Director of Instaloft According to the ScaleUp Institute, scale-ups are the engin..
Business
HSBC’s direction in question after Elhedery’s sprint to CEO contender
By Lawrence White, Sinead Cruise and Anshuman Daga LONDON/SINGAPORE (Reuters) -Georges Elhedery’s appointment as HSBC’s ch..
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Alphabet’s miss fans inflation fears across digital advertising
By Sheila Dang and Eva Mathews (Reuters) -Google parent Alphabet Inc’s disappointing ad sales sparked worries across the digital..
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UK’s Sunak plans to meet Biden in G20 summit
(Reuters) – British Prime Minister Rishi Sunak spoke with U.S. President Joe Biden on Tuesday evening and they are set to meet i..
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UK PM Sunak’s office says ‘the hard work begins now’
LONDON (Reuters) – British Prime Minister Rishi Sunak is now ready to face the hard work of government after appointing his seni..
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