Ripe for change? Activist investors eye food, consumer goods firms
LONDON (Reuters) – In early 2021, investment management firm Artisan Partners sent an open letter to an incoming member of Dano..
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AstraZeneca shares fall 4% to 7-1/2 week low
LONDON (Reuters) -Shares in London-listed drugmaker AstraZeneca fell more than 4% on Monday, sliding to their lowest since July 19. Th..
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BMW to invest $750 million in UK plants to take Mini fully electric
By Nick Carey LONDON (Reuters) -BMW said on Monday it will invest 600 million pounds ($750 million) in its UK plants to take its Mini ..
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All of UK retailer Wilko’s stores to shut, risking 12,500 jobs
LONDON (Reuters) -Failed retailer Wilko will disappear from British high streets next month, as its entire chain of 400 homeware stor..
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Passive income ideas for young adults
In an era where financial stability and independence are paramount, young adults are increasingly drawn to the concept of pass..
Finance
England confirms 34 COVID cases linked to highly mutated variant – UKSHA
(Reuters) – UK Health Security Agency (UKSHA) said on Friday that 34 COVID-19 cases linked to the highly mutated variant BA.2.8..
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G20 chair India says leaders’ statement almost ready
NEW DELHI (Reuters) – The G20 leaders’ communique is almost ready to be presented to those attending the weekend summit of..
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Italy, France agree to postpone closure of Mont Blanc tunnel by a year
MILAN (Reuters) – Key maintenance works on the Mont Blanc tunnel between Italy and France have been postponed until September n..
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As deadly Greek rainstorm ebbs, a trail of devastation emerges
By Angeliki Koutantou and Louisa Gouliamaki KARDITSA, Greece (Reuters) -Hundreds of people were stranded without food or water for a ..
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London-listed SPAC moves closer to launch of Lloyd’s insurance vehicle
LONDON (Reuters) – A London-listed special purpose acquisition company has moved closer to launching a vehicle designed to give..
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German inflation eases to 6.4% in August
BERLIN (Reuters) – German inflation eased in August to 6.4%, the federal statistics office said on Friday, confirming prelimina..
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How to Manage a Remote Team
The rapid evolution of work dynamics has brought about a significant shift in how teams collaborate and achieve success. With the ris..
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Gazprom’s board to consider buying shares
MOSCOW (Reuters) – The board of Russian natural gas giant Gazprom said on Tuesday that it will consider buying shares of the co..
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Tonix’s long COVID drug fails to meet mid-stage trial goal
(Reuters) – Tonix Pharmaceuticals Holding Corp said on Tuesday its experimental drug failed to meet the primary goal in a mid-s..
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Exclusive-Shell, Trinidad weigh Venezuela’s natural gas investment demands
By Curtis Williams and Marianna Parraga HOUSTON (Reuters) – Shell and Trinidad and Tobago’s National Gas Company (NGC) ar..
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Euro zone producer prices drop for seventh month in July
BRUSSELS (Reuters) – Euro zone producer prices fell for a seventh consecutive month in July, data showed on Tuesday, with figur..
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UK investors’ stocks sell-off accelerates, ESG ‘boom ends’ – Calastone
LONDON (Reuters) – Investors in Britain dumped both stocks and bonds in August as they continued to opt for the safety of cash ..
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Vodafone teams up with Amazon’s Project Kuiper to extend 5G reach
LONDON (Reuters) – Vodafone plans to work with Amazon’s low Earth orbit satellite constellation Project Kuiper to extend ..
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Equipment rental firm Ashtead lowers UK rental revenue outlook, shares fall
(Reuters) -British equipment rental firm Ashtead Group on Tuesday lowered its annual UK rental revenue growth forecast to 6%-9% from 1..
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Russian services activity grows in Aug at fastest rate in five months -PMI
MOSCOW (Reuters) – Activity in Russia’s services sector grew at the fastest rate in five months in August as the sharpest..
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ECB chief economist says easing inflation welcome but must continue
DUBLIN (Reuters) – An easing in goods and services inflation in flash data last week is welcome but needs to continue, European ..
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UK August new car registrations up more than 20%- SMMT
UK August new car registrations up more than 20%- SMMT
(Reuters) – New car registrations in Britain rose for the 13th consecutive month in August, rising more than 20% from a year earlier, prelimina..
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L’Occitane’s billionaire owner decides against deal to take company private
By Rishav Chatterjee (Reuters) – Hong Kong-listed skincare specialist L’Occitane International SA said on Monday its cont..
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Hundreds more UK school buildings could be crumbling, says minister
By Sachin Ravikumar LONDON (Reuters) -Hundreds more school buildings in England might be crumbling and unsafe, Britain’s Educat..
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Factbox-What is the G20 and what are the key issues for the 2023 summit?
NEW DELHI (Reuters) – Leaders of the world’s richest and most powerful countries will attend the two-day G20 Summit in In..
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Taiwan to restore power after Typhoon Haikui batters island
TAIPEI (Reuters) -Taiwan expects to restore power supply by late on Monday to thousands of homes cut off by Typhoon Haikui in the isla..
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Sustainability takes back seat in auto industry sourcing decisions – survey
By Victoria Waldersee BERLIN (Reuters) – Automakers and suppliers are deprioritising sustainability initiatives in their sourci..
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Novo Nordisk launches weight-loss drug Wegovy in Britain
By Maggie Fick LONDON (Reuters) -Novo Nordisk launched its weight-loss injection Wegovy in Britain on Monday, its second debut in Eur..
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Bosch expects sales in core mobility division to grow 10% in 2023
FRANKFURT (Reuters) – Bosch, the world’s top automotive supplier, expects sales at its mobility business division to grow..
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Nestle divests peanut allergy business Palforzia
ZURICH (Reuters) – Nestle has divested its peanut allergy treatment business Palforzia, the Swiss food company said on Monday, ..
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Oil inches higher on OPEC+ supply cut expectations
By Mohi Narayan NEW DELHI (Reuters) – Oil prices edged higher on Monday, supported by expectations that major producers will ke..
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Mercedes boss: EV costs will remain higher for foreseeable future
MUNICH (Reuters) – The variable costs for producing electric vehicles will remain higher compared to combustion engine models f..
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Czech Finance Ministry proposes 2024 state budget with $11.3 billion deficit
PRAGUE (Reuters) – The Czech Finance Ministry has proposed a 2024 central state budget with a 252 billion crown ($11.36 billion..
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Cybercrime to cost Germany 206 billion euros in 2023 -survey
BERLIN (Reuters) -The theft of IT equipment and data, as well as digital and industrial espionage and sabotage, will cost Germany 206..
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Why is Huawei’s new smartphone generating so much buzz?
SHENZHEN, China (Reuters) -The surprise launch of the latest high-end smartphone from Chinese tech giant Huawei Technologies has trig..
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UK statistics office revises up strength of post-COVID bounce back
By David Milliken LONDON (Reuters) -Britain’s statistics office has sharply revised up its estimate for the size of the economy..
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NatWest appoints former Nationwide CFO to its UK bank board
LONDON (Reuters) – NatWest has appointed Mark Rennison, a former Nationwide Building Society Chief Financial Officer, to the bo..
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