Business

Grifols plans to invest $402 million in new industrial centre, El Economista says

Grifols plans to invest $402 million in new industrial centre, El Economista says

  (Reuters) – Spanish drugmaker Grifols plans to invest 360 million euros..

Discounter Pepco’s sales hurt by supply chain disruption

Discounter Pepco’s sales hurt by supply chain disruption

  By James Davey LONDON (Reuters) -European discount retailer Pepco Group said ..

Miniso shares slump on plans to buy stake in Yonghui Superstores

Miniso shares slump on plans to buy stake in Yonghui Superstores

  HONG KONG (Reuters) -Shares of Miniso Group Holding plunged as much as 39.2% ..

Nike veteran Hill to replace Donahoe as CEO; shares jump

Nike veteran Hill to replace Donahoe as CEO; shares jump

By Juveria Tabassum, Nicholas P. Brown (Reuters) -Nike said on Thursday that former ..

Nike’s next CEO Hill brings a bootstraps mentality

Nike’s next CEO Hill brings a bootstraps mentality

By Nicholas P. Brown (Reuters) – Elliott Hill started at Nike as an intern i..

UK supermarket sales growth slows after summer holidays

UK supermarket sales growth slows after summer holidays

LONDON (Reuters) – British supermarket sales growth slowed over the last month..

French millers face long grind as rain-hit wheat harvest comes in

French millers face long grind as rain-hit wheat harvest comes in

PARIS (Reuters) – Flour mills in France are facing higher costs and a long sea..

French central bank sees consumer gains easing budget pains

French central bank sees consumer gains easing budget pains

  PARIS (Reuters) – France’s economy is set to gain momentum in the..

BP to sell its US onshore wind business

BP to sell its US onshore wind business

(Reuters) -BP plans to sell its U.S. onshore wind energy business, it announced on M..

Central Europe factories and retailers shut in flood-hit areas

Central Europe factories and retailers shut in flood-hit areas

By Jan Lopatka PRAGUE (Reuters) -Factories and stores across central Europe shut dow..

British ministers head to Gulf for talks on new trade deal

British ministers head to Gulf for talks on new trade deal

(Reuters) – Britain’s new trade ministers visited the Gulf region on Mon..

UK’s Domino’s Pizza plans to hire 5,000 staff ahead of peak holiday season

UK’s Domino’s Pizza plans to hire 5,000 staff ahead of peak holiday season

  (Reuters) – Britain’s Domino’s Pizza Group said on Monday t..

Saipem wins $4 billion contract from QatarEnergy

Saipem wins $4 billion contract from QatarEnergy

  (Reuters) – Italian energy engineering group Saipem said on Sunday it h..

US locks in steep China tariff hikes, many to start Sept. 27

US locks in steep China tariff hikes, many to start Sept. 27

By David Lawder (Reuters) -The Biden administration on Friday locked in steep tariff..

Zara to offer its secondhand clothes service in US by October

Zara to offer its secondhand clothes service in US by October

MADRID (Reuters) – Zara will offer its service for selling, repairing or donat..

Scotland’s only oil refinery to close next year, 400 jobs to go

Scotland’s only oil refinery to close next year, 400 jobs to go

By Ron Bousso and Robert Harvey LONDON (Reuters) -Grangemouth, Scotland’s only..

Zara owner Inditex sees early autumn sales perk up after summer slowdown

Zara owner Inditex sees early autumn sales perk up after summer slowdown

By Corina Pons MADRID (Reuters) -Zara owner Inditex reported a jump in sales of its ..

Services’ grip on UK economy tightens as manufacturing share ebbs further

Services’ grip on UK economy tightens as manufacturing share ebbs further

By Andy Bruce (Reuters) – Britain’s shift towards a services-dominated e..

Etihad Airways plans IPO no earlier than 2025, sources say

Etihad Airways plans IPO no earlier than 2025, sources say

By Hadeel Al Sayegh, Andres Gonzalez and Federico Maccioni DUBAI/LONDON (Reuters) -A..

Key events at Nike under CEO John Donahoe

Key events at Nike under CEO John Donahoe

(Reuters) – Nike will hold its annual meeting virtually on Tuesday and a key i..

Retail, consumer CEOs see shorter tenures as boards act more quickly

Retail, consumer CEOs see shorter tenures as boards act more quickly

By Svea Herbst-Bayliss and Richa Naidu NEW YORK/LONDON (Reuters) – When two of..

UK pay growth cools, keeping BoE on track for another rate cut

UK pay growth cools, keeping BoE on track for another rate cut

By Andy Bruce and Suban Abdulla LONDON (Reuters) -British pay growth cooled in the t..

Aldi UK says shoppers trading up as inflation eases

Aldi UK says shoppers trading up as inflation eases

By Paul Sandle LONDON (Reuters) -Supermarket group Aldi UK said its prices this summ..

UK retailer John Lewis to bring back 100-year old price pledge

UK retailer John Lewis to bring back 100-year old price pledge

  By Sarah Young LONDON (Reuters) – British department store John Lewis i..

Maersk says impact from Red Sea attacks continues to intensify

Maersk says impact from Red Sea attacks continues to intensify

  STOCKHOLM (Reuters) – The negative impact on maritime shipping and glob..

Citi says 2025 oil prices could average $60/bbl without deeper OPEC+ cuts

Citi says 2025 oil prices could average $60/bbl without deeper OPEC+ cuts

  (Reuters) – If producer group OPEC+ doesn’t reduce production fur..

South Africa’s SPAR sells Polish business to Specjal

South Africa’s SPAR sells Polish business to Specjal

  JOHANNESBURG (Reuters) – South Africa’s second-biggest grocery gr..

Malaysia central bank to hold rates at 3.0% until at least 2026: Reuters poll

Malaysia central bank to hold rates at 3.0% until at least 2026: Reuters poll

  By Pranoy Krishna BENGALURU (Reuters) – Bank Negara Malaysia (BNM) will..

BMW worldwide recalling Mini Cooper SE electric models, company says

BMW worldwide recalling Mini Cooper SE electric models, company says

  BERLIN (Reuters) -German automaker BMW is recalling electric Mini Cooper SE v..

Lowest euro zone inflation in 3 years sets up ECB for cut

Lowest euro zone inflation in 3 years sets up ECB for cut

By Francesco Canepa and Balazs Koranyi FRANKFURT/TALLINN (Reuters) -Inflation in the..

Europe shrugs off Nvidia chill to eye record high

Europe shrugs off Nvidia chill to eye record high

By Chibuike Oguh NEW YORK (Reuters) -Global shares edged higher on Thursday, shruggi..

EU new car sales flat in July as battery-electric slumps, industry body ACEA says

EU new car sales flat in July as battery-electric slumps, industry body ACEA says

By Alessandro Parodi and Greta Rosen Fondahn (Reuters) -New car sales in the Europea..

HMD launches Barbie phone in partnership with Mattel

HMD launches Barbie phone in partnership with Mattel

  STOCKHOLM (Reuters) – HMD Global, which makes Nokia-branded phones, sai..

UK shop prices dip for first time in nearly 3 years, survey shows

UK shop prices dip for first time in nearly 3 years, survey shows

  (Reuters) – British shop prices fell in annual terms this month for the..

Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance

Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance

  By Arathy Somasekhar HOUSTON (Reuters) -Oil major Shell on Monday said it pla..

Pay gap between bosses and ordinary workers widens in Switzerland

Pay gap between bosses and ordinary workers widens in Switzerland

ZURICH (Reuters) -The gap between the highest- and lowest-paid workers in Switzerlan..

Analysis-Darkening global outlook, central bank pivots signal more turbulence

Analysis-Darkening global outlook, central bank pivots signal more turbulence

  By Leika Kihara, Howard Schneider and Balazs Koranyi JACKSON HOLE, Wyoming (R..