Headlines

ASML warns of flat 2024 sales as chipmakers slow orders

ASML warns of flat 2024 sales as chipmakers slow orders

By Toby Sterling AMSTERDAM (Reuters) – Semiconductor equipment maker ASML Holding NV reported lower-than-expected orders on Wed..

China’s Nio considers tapping dealers to boost EV sales in Europe – sources

China’s Nio considers tapping dealers to boost EV sales in Europe – sources

SHANGHAI (Reuters) -Chinese electric vehicle maker Nio is considering building a dealer network in Europe to speed up sales growth, t..

CVC looking at Nexi but no bid in the works-source

CVC looking at Nexi but no bid in the works-source

By Elisa Anzolin and Valentina Za MILAN (Reuters) -A potential deal targeting Italian payments group Nexi is one of several options be..

Ericsson says telecoms uncertainty to persist into 2024, shares fall

Ericsson says telecoms uncertainty to persist into 2024, shares fall

By Supantha Mukherjee STOCKHOLM (Reuters) -Ericsson on Tuesday said it expected the uncertainty impacting its mobile networks busines..

Automakers blast US plan to hike fuel efficiency rules

Automakers blast US plan to hike fuel efficiency rules

By David Shepardson WASHINGTON (Reuters) -A group representing General Motors, Toyota Motor, Volkswagen and nearly all other major au..

FTSE 100 climbs on pharma boost, UK CPI in focus

FTSE 100 climbs on pharma boost, UK CPI in focus

By Khushi Singh and Bansari Mayur Kamdar (Reuters) -Britain’s FTSE 100 rose on Tuesday after latest figures showing a weakening..

Exclusive-Brookfield weighs move into UK pension insurance market -sources

Exclusive-Brookfield weighs move into UK pension insurance market -sources

By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Iain Withers (Reuters) -Brookfield, through its affiliate Brookfield Reinsurance, is weig..

Four-day work week boosts Spanish workers’ health, pilot programme shows

Four-day work week boosts Spanish workers’ health, pilot programme shows

MADRID (Reuters) – Four-day work weeks improved Spanish workers’ health such as by lowering stress while reducing fuel em..

European shares slip amid downbeat earnings reports; UK stocks outperform

European shares slip amid downbeat earnings reports; UK stocks outperform

By Amruta Khandekar and Shristi Achar A (Reuters) -European stocks edged lower on Tuesday as a slew of downbeat earnings and higher g..

Oil prices edge higher ahead of Biden Middle East trip

Oil prices edge higher ahead of Biden Middle East trip

By Nicole Jao NEW YORK (Reuters) – Oil prices edged higher on Tuesday ahead of a trip by U.S. President Joe Biden to the Middle..

Vitol to spend half of its capex on low-carbon, renewables -CEO

Vitol to spend half of its capex on low-carbon, renewables -CEO

LONDON (Reuters) – The world’s top independent energy trader Vitol will invest around half of its $2 billion capital expe..

Volkswagen picks firm for Xinjiang site labour audit -sources

Volkswagen picks firm for Xinjiang site labour audit -sources

SHANGHAI/FRANKFURT/BERLIN (Reuters) – Volkswagen has found a company to conduct a labour audit at a site in Xinjiang, China, wh..

Poland, EU’s biggest poultry producer, reports bird flu outbreak

Poland, EU’s biggest poultry producer, reports bird flu outbreak

PARIS (Reuters) -Poland, the European Union’s largest poultry producer, has reported an outbreak of the highly contagious H5N1 ..

EU Commission proposes measures to curb microplastic pollution from pellets

EU Commission proposes measures to curb microplastic pollution from pellets

By Marine Strauss and Julia Payne BRUSSELS (Reuters) -The European Commission proposed measures on Monday to prevent microplastic pol..

Global smartphone market slumps to lowest Q3 level in decade – Counterpoint

Global smartphone market slumps to lowest Q3 level in decade – Counterpoint

(Reuters) – The global smartphone market contracted by 8% to its lowest third-quarter level in a decade on subdued demand for m..

Britain pulls rules aimed at applying lessons from Carillion, BHS, collapses

Britain pulls rules aimed at applying lessons from Carillion, BHS, collapses

By Huw Jones LONDON (Reuters) – Britain on Monday unexpectedly scrapped “burdensome” draft rules is has already put..

Dollar gains against yen, eases against euro

Dollar gains against yen, eases against euro

By Karen Brettell NEW YORK (Reuters) – The dollar was mixed on Monday before a week heavy with speeches by Federal Reserve offi..

Pfizer’s foggy COVID outlook hits vaccine maker shares

Pfizer’s foggy COVID outlook hits vaccine maker shares

By Michael Erman and Manas Mishra (Reuters) -Pfizer on Monday set off a fresh round of concern about the size of the COVID-19 vaccine..

Italy unveils tax-cutting 2024 budget amid debt worries

Italy unveils tax-cutting 2024 budget amid debt worries

By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Italy’s government on Monday approved a budget for next year with measures wo..

Bank of England considers changes to regulation of foreign bank branches

Bank of England considers changes to regulation of foreign bank branches

By Huw Jones LONDON (Reuters) -The Bank of England said on Monday it was thinking about possible changes to how it regulates branches..

Oil fall below $90 a barrel on report of US-Venezuela deal

Oil fall below $90 a barrel on report of US-Venezuela deal

By Erwin Seba HOUSTON (Reuters) -Oil futures fell on Monday on a report the U.S. and Venezuela could soon reach a deal to ease sancti..

As global debt worries mount, is another crisis brewing?

As global debt worries mount, is another crisis brewing?

By Yoruk Bahceli, Dhara Ranasinghe and Maria Martinez LONDON (Reuters) – Record debts, high interest rates, the costs of climat..

Wall Street rallies, Treasury yields rise as high profile earnings loom

Wall Street rallies, Treasury yields rise as high profile earnings loom

By Stephen Culp NEW YORK (Reuters) – Wall Street rebounded from Friday’s selloff and benchmark Treasury yields rose as in..

Tesla earnings: investors watching margins, deliveries, self-driving

Tesla earnings: investors watching margins, deliveries, self-driving

By Akash Sriram (Reuters) – Tesla’s margins are likely to drop in the third quarter and take a bigger hit in the last thr..

BioNTech warns of write-off of up to 900 million euros on COVID vaccine

BioNTech warns of write-off of up to 900 million euros on COVID vaccine

By Ludwig Burger BERLIN (Reuters) – Shares in Germany’s BioNTech fell on Monday after it flagged write-downs of up to 900..

Bayer to introduce its direct-seeded rice system in the Philippines

Bayer to introduce its direct-seeded rice system in the Philippines

MANILA (Reuters) – Bayer AG said on Monday it plans to bring its direct-seeded rice programme to the Philippines in 2024, offer..

Polish stocks rise in first session after parliamentary election

Polish stocks rise in first session after parliamentary election

GDANSK (Reuters) – Polish stocks rallied on Monday after the ruling nationalists looked to have fallen short of a parliamentary..

Atos Chairman Meunier steps down amid shareholders’ uproar

Atos Chairman Meunier steps down amid shareholders’ uproar

(Reuters) – Atos Chairman Bertrand Meunier has stepped down, the French IT consulting group said on Monday, following an uproar..

Dollar buoyed by safe-haven bids, rate jitters

Dollar buoyed by safe-haven bids, rate jitters

By Rae Wee SINGAPORE (Reuters) – The dollar was on the front foot on Monday in cautious trade as tensions in the Middle East es..

Artificial heart maker Carmat completes 7 million euro capital increase

Artificial heart maker Carmat completes 7 million euro capital increase

PARIS (Reuters) – Artificial heart maker Carmat, whose financial situation has been under pressure, said on Monday that it had ..

KKR prepares binding bid for Telecom Itali a’s grid as deadline looms

KKR prepares binding bid for Telecom Itali a’s grid as deadline looms

By Elvira Pollina MILAN (Reuters) – U.S. fund KKR is preparing to submit a multibillion euro bid for Telecom Italia’s (TI..

Dollar softens slightly, yen in touching distance of 150

Dollar softens slightly, yen in touching distance of 150

By Samuel Indyk and Brigid Riley LONDON (Reuters) – The U.S. dollar edged lower on Friday after its biggest daily increase sinc..

Porsche: deliveries up in every region but China in first 9 months of 2023

Porsche: deliveries up in every region but China in first 9 months of 2023

BERLIN (Reuters) – Porsche said on Friday that deliveries worldwide for the first nine months of 2023 were up 10% on the year, ..

Map maker TomTom’s Q3 loss narrows boosted by car branch growth

Map maker TomTom’s Q3 loss narrows boosted by car branch growth

(Reuters) -Digital mapping specialist TomTom on Friday reported a smaller than expected operating loss for the third quarter, driven ..

Singapore Q3 GDP up 0.7% y/y

Singapore Q3 GDP up 0.7% y/y

SINGAPORE (Reuters) – Singapore’s economy grew faster than expected in the third quarter, preliminary government data sho..

EU opens probe into X in test of new tech rules, pressure on TikTok, Meta

EU opens probe into X in test of new tech rules, pressure on TikTok, Meta

By Foo Yun Chee and Sheila Dang BRUSSELS/DALLAS (Reuters) -EU industry chief Thierry Breton on Thursday opened an investigation into E..

Ericsson books $3 billion impairment, says Q3 core profit fell 39%

Ericsson books $3 billion impairment, says Q3 core profit fell 39%

STOCKHOLM (Reuters) -Ericsson on Wednesday announced a 32 billion Swedish crown ($2.9 billion) impairment charge related to its acqui..