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Cycling-Britain’s Froome dreaming of one last Tour de France

Cycling-Britain’s Froome dreaming of one last Tour de France

(Reuters) – Four-times Tour de France champion Chris Froome says he dreams of competing in the world’s greatest cycling ra..

Walmart, other US retailers import fewer Christmas goods ahead of tepid holiday season

Walmart, other US retailers import fewer Christmas goods ahead of tepid holiday season

By Richa Naidu, Aishwarya Venugopal and Siddharth Cavale (Reuters) – Santa Claus is not delivering as many Christmas trees, toys..

CFE Finance Group acquires 100% of TechStar, a leader in the Metaverse A €6 million investment in the Meta Presence® platform

CFE Finance Group acquires 100% of TechStar, a leader in the Metaverse A €6 million investment in the Meta Presence® platform

CFE Finance Group, an investment banking boutique, has acquired 100% of TechStar, a pioneering company in industrial metaverse technol..

DHL reports Q3 net income below expectations

DHL reports Q3 net income below expectations

(Reuters) -German logistics giant DHL reported a third quarter net income of 751 million euros ($817 million) on Tuesday, missing anal..

Shein’s European entity reports 68% sales growth in 2023

Shein’s European entity reports 68% sales growth in 2023

By Helen Reid LONDON (Reuters) -Sales by Shein’s Ireland-registered entity Infinite Styles Ecommerce Co grew 68% in 2023, hittin..

KPMG to lay off less than 4% of US audit workforce, source says

KPMG to lay off less than 4% of US audit workforce, source says

(Reuters) -KPMG will lay off less than 4%, or about 330 people, of its audit workforce in the United States, a source familiar with th..

Sterling extends bounce off recent lows as U.S. election in focus

Sterling extends bounce off recent lows as U.S. election in focus

By Medha Singh (Reuters) – The British pound bounced against a tepid dollar on Monday ahead of high-stakes events this week that..

China EV price deal needs be as effective as tariffs, says EU official

China EV price deal needs be as effective as tariffs, says EU official

BRUSSELS (Reuters) – Any agreement reached with Chinese producers on minimum prices for electric vehicles would need to be as ef..

Ryanair H1 profit falls 18% on lower fares, but price weakness moderating

Ryanair H1 profit falls 18% on lower fares, but price weakness moderating

By Conor Humphries DUBLIN (Reuters) -Budget airline Ryanair said on Monday that average fares fell 10% in the six months ended Septemb..

Swedish government commission recommends easing mortgage repayment rules

Swedish government commission recommends easing mortgage repayment rules

STOCKHOLM (Reuters) – Sweden should ease rules on mortgage borrowing and repayment which have made it harder for new buyers to g..

German companies’ hiring plans drop to four-year low, Ifo finds

German companies’ hiring plans drop to four-year low, Ifo finds

BERLIN (Reuters) – German companies are less willing to hire new staff than at any point in more than four years, data from the ..

Burberry shares jump on Moncler bid report

Burberry shares jump on Moncler bid report

(Reuters) -Burberry shares rose as much as 8% on Monday after a media report said Italian luxury outerwear maker Moncler was consideri..

Markets start big month on cautious footing as US jobs data looms

Markets start big month on cautious footing as US jobs data looms

By Stella Qiu and Alun John SYDNEY/LONDON (Reuters) – Markets started what could be a momentous month warily, with shares steady..

A year on, Intel’s touted AI-chip deals have fallen short

A year on, Intel’s touted AI-chip deals have fallen short

By Jeffrey Dastin (Reuters) – Intel’s upbeat revenue projections on Thursday masked a sore point for the embattled company..

Pound set for worst weekly losses since 2018 after budget jolt

Pound set for worst weekly losses since 2018 after budget jolt

LONDON (Reuters) – The pound stabilised on Friday after a volatile few sessions, but still headed for its longest stretch of wee..

UK factory activity shrinks slightly for first time since April, PMI shows

UK factory activity shrinks slightly for first time since April, PMI shows

By David Milliken LONDON (Reuters) – British factory activity contracted very slightly last month for the first time since April..

Virgin Money UK picks insider Gergely Zaborszky as next CFO

Virgin Money UK picks insider Gergely Zaborszky as next CFO

(Reuters) – British lender Virgin Money UK said on Wednesday that insider Gergely Zaborszky would take on the role of its CFO, a..

Amundi’s Q3 net inflows profit from ETF demand, Asian operations

Amundi’s Q3 net inflows profit from ETF demand, Asian operations

By Mathieu Rosemain PARIS (Reuters) – Amundi, Europe’s biggest fund manager, posted in-line quarterly inflows on Wednesday..

French economy expanded 0.4% in Q3, INSEE says

French economy expanded 0.4% in Q3, INSEE says

  PARIS (Reuters) -French economic growth beat estimates by accelerating by 0.4% in the third quarter 2024 from 0.2% in the secon..

Ericsson signs 5G ORAN deal with Spain’s MasOrange

Ericsson signs 5G ORAN deal with Spain’s MasOrange

  By Supantha Mukherjee STOCKHOLM (Reuters) – Ericsson has signed a 5G deal with Spain’s largest telecoms operator, M..

More companies planning price hikes in Germany, survey finds

More companies planning price hikes in Germany, survey finds

  BERLIN (Reuters) – Companies in Germany’s industrial, retail and corporate services sectors are planning more price..

Covestro trims 2024 profit target again in a tough economy

Covestro trims 2024 profit target again in a tough economy

(Reuters) -German chemicals maker Covestro lowered the upper end of its full-year core profit forecast range on Tuesday for the second..

Volkswagen’s Traton reports higher sales in weak truck market

Volkswagen’s Traton reports higher sales in weak truck market

  (Reuters) -Volkswagen’s truck unit Traton on Monday reported a 3% rise in nine-month revenue amid subdued demand for comm..

Novartis to pay Monte Rosa $150 million upfront to develop a new class of drugs

Novartis to pay Monte Rosa $150 million upfront to develop a new class of drugs

  (Reuters) – Swiss pharmaceutical giant Novartis will pay Monte Rosa Therapeutics $150 million upfront payment for a globa..

Analysis-Musk’s bold 2025 prediction on Tesla sales faces skepticism, scrutiny

Analysis-Musk’s bold 2025 prediction on Tesla sales faces skepticism, scrutiny

By Abhirup Roy Tesla CEO Elon Musk stunned investors and analysts with plans to grow vehicle sales by 30% next year, buoyed by a new, ..

London stocks climb, energy shares keep gains in check

London stocks climb, energy shares keep gains in check

By Shubham Batra (Reuters) – The UK’s benchmark FTSE 100 index rose on Monday, led by travel and leisure shares as Trainli..

Analysis-Bricks over clicks as shops come back into fashion in Europe

Analysis-Bricks over clicks as shops come back into fashion in Europe

By Alberto Chiumento and Paolo Laudani (Reuters) – The rise of online shopping has led to swathes of store closures, casting dou..

Norway’s wealth fund falls short on climate ambitions, NGO says

Norway’s wealth fund falls short on climate ambitions, NGO says

By Gwladys Fouche OSLO (Reuters) – The world’s largest sovereign wealth fund is falling short on its own climate expectati..

G20 welcomes recommendations to unlock funding for climate transition projects

G20 welcomes recommendations to unlock funding for climate transition projects

  By Marcela Ayres WASHINGTON (Reuters) -A group of funds backed by the world’s 20 largest economies aimed at financing cli..

Accor adjusts guidance as it sees strong demand at luxury hotels

Accor adjusts guidance as it sees strong demand at luxury hotels

  By Marta Maciag and Nathan Vifflin (Reuters) -Accor, Europe’s largest hotel group by portfolio, on Thursday raised the bo..

Exclusive-JBS, Sigma vie for Kraft Heinz’s $3 billion hot-dog business, sources say

Exclusive-JBS, Sigma vie for Kraft Heinz’s $3 billion hot-dog business, sources say

  By Abigail Summerville NEW YORK (Reuters) – Brazilian meatpacker JBS and Mexico’s Sigma Alimentos are among those c..

European shares end flat as economic woes overshadow upbeat earnings

European shares end flat as economic woes overshadow upbeat earnings

  By Paolo Laudani, Ankika Biswas and Johann M Cherian (Reuters) -European shares gave up early gains to close little changed on ..

Harley-Davidson lowers full-year revenue forecast on weak demand

Harley-Davidson lowers full-year revenue forecast on weak demand

  By Kannaki Deka and Nathan Gomes (Reuters) -Harley-Davidson cut its annual revenue forecast as sticky inflation and high borrow..

Tesla promises paid robotaxis next year, but significant hurdles remain

Tesla promises paid robotaxis next year, but significant hurdles remain

  By Chris Kirkham (Reuters) -Tesla CEO Elon Musk on Wednesday said the electric vehicle maker will roll out driverless ride-hail..

FTSE 100 closes higher on earnings boost

FTSE 100 closes higher on earnings boost

  By Pranav Kashyap (Reuters) -London’s blue-chip stock index edged higher on Thursday, buoyed by upbeat corporate earnings..

Allianz weighs options for AllianzGI unit, sources say

Allianz weighs options for AllianzGI unit, sources say

  By Amy-Jo Crowley, Alexander Hübner, Andres Gonzalez and Anousha Sakoui LONDON (Reuters) – Allianz is weighing options fo..

ECB hawks push back against bets on more and bigger cuts

ECB hawks push back against bets on more and bigger cuts

  By Balazs Koranyi WASHINGTON (Reuters) -Three European Central Bank officials tried to cool market speculation on bigger intere..