Polish fashion retailer LPP’s Q3 profit misses forecasts as labour costs rise
By Marta Maciag (Reuters) -Poland’s biggest fashion retailer LPP on Thursday reported third-quarter profit that missed analysts&..
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Upper Crust owner SSP plans for Indian IPO of Travel Food Services
(Reuters) -Upper Crust owner SSP Group said on Tuesday that it is planning an initial public offering in India of airport lounge opera..
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French central bank sees growth flatlining in fourth quarter
PARIS (Reuters) – French economic growth is set to stall in the last three months of the year but not retreat as some busine..
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Vodafone franchisees in Britain file legal claim against telecom group
LONDON (Reuters) – A group of current and former Vodafone franchisees in the UK filed a legal claim against the company on T..
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Former OpenAI researcher raises $40 million to build more empathetic audio AI
By Anna Tong SAN FRANCISCO (Reuters) – – A former OpenAI researcher has raised $40 million for a startup that will bui..
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Dollar edges up as market looks to CPI data; Aussie, kiwi rise on China
By Hannah Lang NEW YORK (Reuters) -The dollar was up slightly in skittish trading on Monday as investors awaited U.S. inflation data l..
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Global, US stocks fall; oil, gold rise over 1% on geopolitical risk
By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) – Global shares turned lower on Monday as traders focused on U..
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Rachel Reeves to push for UK/EU reset at finance ministers’ meeting
LONDON (Reuters) – Reducing Britain’s trade barriers with the European Union will improve the growth prospects of both, fi..
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Germany’s CompuGroup in talks about potential offer by CVC
(Reuters) – CompuGroup Medical, a German provider of healthcare software, said on Sunday it is in advanced talks to be acquired ..
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At Gulf bitcoin gathering, Trump family and allies to bask in crypto industry’s euphoria
By Michelle Conlin NEW YORK (Reuters) -Several key players in President-elect Donald Trump’s new cryptocurrency venture head to ..
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Ant International sees robust growth across pillar businesses of payments, digitalisation, and inclusive financial services in 2024
Numbers show Alipay+ expands a vibrant wallet-based payment and digitalisation space that further strengthens WorldFirst and Antom, t..
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SKSC OPENS AFRICAN OFFICE
Smurfit Kappa Security Concepts (SKSC), the internationally recognised high security printing and identity management solutions provid..
Business
Italian startup iGenius and Nvidia to build major AI system
By Stephen Nellis (Reuters) – Italian startup iGenius and Nvidia on Thursday said they are planning to bring online one of the w..
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Macquarie-backed offshore wind developer Corio starts job cuts
(Reuters) – Corio Generation, the UK-based offshore wind developer backed by Australia’s Macquarie Group, plans to cut a s..
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Russian Railways to cut spending by around 40% in 2025, says finance chief
(Reuters) – Russian Railways, a key cog in Russia’s industrial machine, may substantially cut its spending next year by ar..
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HSBC improves data access and operational efficiency with Starburst technology.
Thanks to Starburst’s solution, HSBC has accelerated its access to information with queries up to 20 times faster, reducing anal..
Technology
Instant view: Bitcoin vaults above $100,000
(Reuters) – Bitcoin hit a record high above $100,000 on Thursday as the election of Republican Donald Trump as U.S. president fu..
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Sweden’s SBB receives letters from funds intending to accelerate Eurobonds
(Reuters) – Swedish property group SBB said it had received letters from FFI Fund and Olifant Fund notifying an intention to..
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Airbus cuts 2,000 Defence and Space jobs, taming earlier plans
By Tim Hepher PARIS (Reuters) – Airbus announced just over 2,000 job cuts in Defence and Space, or about 5% of its second-la..
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European Commission favours more EU funds for electric vehicles sector
BRUSSELS (Reuters) – The European Commission called on Tuesday for an additional 1 billion euros ($1.1 billion) of EU funds ..
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Bronze statues, coins and ancient eggs found in Tuscan thermal baths
By Alvise Armellini ROME (Reuters) – Ancient statues, coins, jewels and still-intact eggs from Roman and Etruscan times have..
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UK’s FTSE 100 extends winning streak as energy stocks climb
(Reuters) – Britain’s FTSE 100 gained for a fifth straight session on Tuesday as higher oil prices lifted energy share..
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Tavares clashed with Stellantis board over revival plan, sources say
By Giulio Piovaccari and Alessandro Parodi MILAN (Reuters) – Outgoing CEO Carlos Tavares clashed with Stellantis’ boar..
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Oil steady, traders hopeful on China demand but worried about Fed
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices were little changed on Monday, as hopes of stronger demand stemming from higher fac..
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World shares mixed, dollar advances amid improved U.S. manufacturing, French political drama
By Lawrence Delevingne (Reuters) -Stocks in the U.S. and Europe were mixed on Monday, while the dollar gained versus the euro, amid po..
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Asia stocks rise after Wall Street records; dollar rebounds
By Kevin Buckland TOKYO (Reuters) – Asian stocks climbed on Monday, buoyed by record high closes on Wall Street, while the d..
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Dollar edges higher amid rate, political uncertainty
By Wayne Cole SYDNEY (Reuters) – The dollar crept higher on Monday in what is shaping up to be a critical week for the prosp..
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UBS capital requirements should be proportionate, minister says
ZURICH (Reuters) -Capital requirements set for UBS under new banking regulations should be “proportionate”, as Switzerland..
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Euro zone consumers see inflation edge up slightly, ECB survey shows
FRANKFURT (Reuters) – Euro zone inflation expectations for the year ahead edged up slightly in October and stayed steady for..
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German unemployment rises less than expected in November, labour office says
By Maria Martinez BERLIN (Reuters) – The number of people out of work in Germany rose less than expected in November, federa..
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Exclusive – HSBC pulling back from China credit card business after struggling to expand, sources say
By Selena Li and Engen Tham (Reuters) – HSBC is pulling back from its credit card business in China eight years after its l..
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Oil slips on US gasoline stocks buildup; traders eye weekend OPEC+ meet
By Siyi Liu SINGAPORE (Reuters) -Oil prices drifted lower on Thursday after a surprise jump in U.S. gasoline inventories, with investo..
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UK’s Direct Line surges after rejecting Aviva’s $4.16 billion takeover offer
(Reuters) -Shares in UK’s Direct Line Insurance soared over 36% in early trade on Thursday after it rejected a 3.28 billion poun..
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ASML and peers climb on hopes for less severe US curbs on China chips
(Reuters) -Shares of ASML and its peers in the European computer chip equipment sector climbed on Thursday after Bloomberg News report..
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Bitcoin options trade shows more bets on retreat after failing to breach $100,000
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Investors in the world’s largest cryptocurrency are anticipating a si..
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French tightening plans credible, Dutch want to spend too much, says Commission
By Jan Strupczewski BRUSSELS (Reuters) -France’s draft 2025 budget and medium-term plan to bring down public debt are in line wi..
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Asian stocks slide amid Trump tariff worries, yen gains
By Kevin Buckland TOKYO (Reuters) -Asian stocks fell on Wednesday and currencies were volatile as investors fretted over whether other..
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