Porsche’s blockbuster IPO is no ‘gamechanger’ for Europe’s battered markets
By Lucy Raitano and Andres Gonzalez LONDON (Reuters) – Porsche’s landmark listing is defying market turmoil giving a welco..
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Inflation weighs on consumer morale in euro zone’s big three economies
BERLIN (Reuters) -Consumer morale was down across the euro zone’s three largest economies as high inflation shows no sign of rel..
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Drinks group Pernod hires former Kering executive Oudinot for new unit
PARIS (Reuters) – French drinks group Pernod said it had hired Nicolas Oudinot, a former leading executive at luxury goods fashi..
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Stocks hit two-year lows, sterling comes under fire
By Wayne Cole and Amanda Cooper LONDON/SYDNEY (Reuters) – World shares sank to two-year lows on Wednesday, hammered by spirallin..
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White House’s Deese, asked about UK economic plans, stresses ‘fiscal prudence’
By Andrea Shalal WASHINGTON (Reuters) -White House economic adviser Brian Deese said on Tuesday he was not surprised by the negative r..
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Meta says it removes China-based propaganda operation targeting U.S. midterms
By Katie Paul (Reuters) -Meta Platforms said on Tuesday it disrupted the first known China-based influence operation focused on target..
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British health officials warn of difficult winter with flu and COVID
LONDON (Reuters) – British health officials on Wednesday warned that increased circulation of flu and a resurgence in COVID-19 c..
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U.S. VP Harris to push against China’s Taiwan policy in Japan speech
By Trevor Hunnicutt TOKYO (Reuters) – U.S. Vice President Kamala Harris is expected to take aim at China’s actions toward ..
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Jaguar Land Rover sets out to train workers, dealers for EV world
By Nick Carey LONDON (Reuters) – Luxury British carmaker Jaguar Land Rover said on Wednesday it would retrain 29,000 employees a..
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Factbox-Companies cut jobs, freeze hiring to prepare for economic slowdown
(Reuters) – Technology companies, crypto exchanges and financial firms are cutting jobs and slowing hiring as global economic gr..
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EU draft rules to make it easier to sue drone makers, AI systems
By Foo Yun Chee BRUSSELS (Reuters) – Individuals and companies that suffer harm from drones, robots and other products or servic..
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New coins, banknotes, stamps and cypher for Britain’s King Charles
LONDON (Reuters) – Britain will gradually see coins, banknotes and stamps bearing the image of King Charles, while the new monar..
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Shield-IoT and Datora Telecom Partner to Secure Millions of IoT Devices in Brazil
New IoT security service protects cellular connected devices from cyber criminals and nation-state threats, “With Shield-IoT, we are a..
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Ireland dips into budget surplus to ease cost of living squeeze
By Padraic Halpin and Conor Humphries DUBLIN (Reuters) -Ireland dipped into one of Europe’s few budget surpluses to fund higher-..
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Czech government slightly raises 2023 deficit target to $11.5 billion
PRAGUE (Reuters) – The Czech government approved the 2023 central state budget draft with a deficit of 295 billion crowns ($11.5..
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Swiss National Bank’s Maechler determined to bring down inflation
ZURICH (Reuters) -The Swiss National Bank will do “everything” to reduce inflation, governing board member Andrea Maechler..
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Siemens automates design process for testing new chips with advanced packaging
(Reuters) – Siemens Digital Industries Software, a unit of Siemens AG, on Monday said it launched new software called Tessent Mu..
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UK may fine TikTok $29 million for failing to protect children’s privacy
(Reuters) – Britain could fine TikTok 27 million pounds ($28.91 million) following an investigation that found the short-form vi..
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Depositions of Musk, Twitter’s Agrawal have been postponed -sources
WILMINGTON, Del. (Reuters) – Monday’s depositions of Elon Musk and Twitter Inc’s Chief Executive Officer Parag Agraw..
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UK PM Truss thanks Saudi Crown Prince for role in release of British detainees
LONDON (Reuters) – Prime Minister Liz Truss has thanked Saudi Arabia’s Crown Prince Mohammed bin Salman for his “personal ..
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Factbox-The challenges automakers, and now Tesla, face with humanoid robots
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla’s CEO Elon Musk is set to unveil its prototype humanoid robots at an event ..
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Iberdrola hires Barclays to sell stake in Spanish renewable portfolio, Expansion says
MADRID (Reuters) – Spanish power company Iberdrola hired Barclays’ investment bank to sell up to 49% in a portfolio of Spa..
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Unilever CEO set to leave after GSK debacle, arrival of activist investor
By Richa Naidu (Reuters) – Unilever said CEO Alan Jope would retire at the end of 2023, announcing the move less than a year aft..
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GSK picks Burberry’s Brown as first female CFO
By Amna Karimi and Pushkala Aripaka (Reuters) -GSK named luxury fashion brand Burberry’s Julie Brown as its first ever female ch..
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Exclusive-With eye on Big Tech, energy crisis, EU telcos call for shared network costs
By Foo Yun Chee BRUSSELS (Reuters) – Deutsche Telekom, Orange, Telefonica and 13 other European telecoms providers on Monday mad..
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Auto suppliers feel the green squeeze as carmakers get clean
By Nick Carey, Victoria Waldersee and Giulio Piovaccari TAMWORTH, England (Reuters) – The auto industry’s drive to a green..
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Sterling plunges to all-time low in scathing appraisal of fiscal plan
By Kevin Buckland TOKYO (Reuters) -Sterling tumbled nearly 5% to an all-time low on Monday as investors ran for the exits after the ne..
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New Zealand marks Queen Elizabeth’s passing on national day of mourning
SYDNEY (Reuters) – Prime Minister Jacinda Ardern led a state memorial service for Queen Elizabeth II on Monday, saying the Pacif..
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Japan bans chemical weapons-related goods to Russia, concerned by nuke threats
TOKYO (Reuters) – Japan has decided to ban exports of chemical weapons-related goods to Russia in an additional sanction against..
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Sterling collapses as investors fly into dollars
By Tom Westbrook SYDNEY (Reuters) – Sterling slumped to a record low on Monday, prompting speculation of an emergency response f..
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UK home asking prices rise, tax cuts to spur demand: Rightmove
LONDON (Reuters) – Asking prices for British homes advertised rose solidly this month and last week’s cut to property purc..
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Factbox: Companies potentially affected by Italy’s election
(Reuters) – A right-wing alliance led by Giorgia Meloni’s Brothers of Italy party looks set to win a clear majority in the..
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Italy’s right-wing parties seen winning power – exit polls
ROME (Reuters) – A right-wing alliance led by Giorgia Meloni’s Brothers of Italy party looks set to win a majority in the ..
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Euro zone likely entering recession as price rises hit demand -PMI
By Jonathan Cable LONDON (Reuters) – A downturn in business activity across the euro zone deepened in September, according to a ..
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Explainer-Rightist alliance set for Italian election victory
ROME (Reuters) – Italy votes in a national election on Sunday that could herald its most right-wing government since World War T..
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Four fifths of UK households saw disposable income fall in August, says Asda
LONDON (Reuters) – Four in five UK households saw their disposable income decrease in August compared to the same month last yea..
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Credit Suisse shares hit record low after report bank is looking to raise cash
LONDON (Reuters) – Credit Suisse shares dropped to a record low on Friday after a Reuters report said the company is looking to ..
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