NEWS

Telecoms group Orange signs sustainability-linked refinancing of 6 billion euros syndicated credit facility

Telecoms group Orange signs sustainability-linked refinancing of 6 billion euros syndicated credit facility

PARIS (Reuters) – Orange, France’s biggest telecoms group, said on Wednesday it had signed an agreement for a sustainabili..

Factbox-U.S. offers new details on plan to cap Russian oil prices

Factbox-U.S. offers new details on plan to cap Russian oil prices

(Reuters) -New guidance issued by the U.S. Treasury adds more detail to a complex plan by the European Union, G7 nations and Australia..

New space observatory helps solve mystery involving enormous black holes

New space observatory helps solve mystery involving enormous black holes

By Will Dunham WASHINGTON (Reuters) – Most galaxies are built around humongous black holes. While many of these are comparativel..

Volkswagen strikes below-inflation wage deal, continues German trend

Volkswagen strikes below-inflation wage deal, continues German trend

By Jan Schwartz HAMBURG (Reuters) -Volkswagen on Wednesday agreed a two-year wage deal for workers at its western German factories, of..

Italy’s A2A trims green investment plan citing economy, volatile markets

Italy’s A2A trims green investment plan citing economy, volatile markets

(Reuters) -Italy’s largest regional utility A2A on Tuesday scaled back its investments aimed at reducing its carbon footprint, a..

Britain’s Halfords targets retirees in recruitment drive

Britain’s Halfords targets retirees in recruitment drive

LONDON (Reuters) – Halfords is aiming to recruit 1,000 new technicians over the next 12 months by attracting retirees to work in..

Glencore to sell Australian copper mine to SPAC for $1.1 billion

Glencore to sell Australian copper mine to SPAC for $1.1 billion

(Reuters) – Glencore said on Wednesday that blank-check firm Metal Acquisition Corp (MAC) agreed to an amended agreement to buy ..

German residential property market faces risk of price drop – DIW study

German residential property market faces risk of price drop – DIW study

BERLIN (Reuters) – The German residential property market faces a growing risk of price corrections, the DIW research institute ..

HP to cut about 12% jobs by end of fiscal 2025

HP to cut about 12% jobs by end of fiscal 2025

(Reuters) -HP Inc said on Tuesday it expects to cut up to 6,000 jobs by the end of fiscal 2025, or about 12% of its global workforce, ..

Analysis-At World Cup, Saudi crown prince moves back on to global stage

Analysis-At World Cup, Saudi crown prince moves back on to global stage

By Angus McDowall and Maya Gebeily DOHA (Reuters) – When Saudi Arabian Crown Prince Mohammed bin Salman took his seat next to th..

UK investigating Apple, Google mobile browser dominance

UK investigating Apple, Google mobile browser dominance

By Paul Sandle and Pushkala Aripaka LONDON (Reuters) -Britain’s competition watchdog on Tuesday launched an in-depth investigati..

First nationwide map of Italy’s fascist monuments goes online

First nationwide map of Italy’s fascist monuments goes online

By Alvise Armellini ROME (Reuters) – More than 1,400 monuments, street signs and plaques honouring fascism have been put online ..

UK says Baker Hughes-Altus deal may hurt competition in oil well services

UK says Baker Hughes-Altus deal may hurt competition in oil well services

(Reuters) – Britain’s competition watchdog said on Tuesday U.S.-listed oilfield services firm Baker Hughes Co’s acqu..

Equinor evaluating impact of British windfall tax on projects

Equinor evaluating impact of British windfall tax on projects

By Ron Bousso LONDON (Reuters) -Norwegian oil company Equinor said on Tuesday it is evaluating the impact of Britain’s windfall ..

Suedzucker expects to raise its sugar prices again next year

Suedzucker expects to raise its sugar prices again next year

By Maytaal Angel LONDON (Reuters) -Europe’s largest sugar producer Suedzucker is set to bump up sugar prices again next year as ..

Zoom shares down 90% from peak as pandemic boom fades

Zoom shares down 90% from peak as pandemic boom fades

By Aditya Soni and Chavi Mehta (Reuters) – Shares of Zoom Video Communications Inc have tumbled about 90% from their pandemic pe..

End of cheap money for U.S. farmers plows trouble into food production

End of cheap money for U.S. farmers plows trouble into food production

By P.J. Huffstutter and Bianca Flowers CHICAGO (Reuters) – Montana farmer Sarah Degn had big plans to invest the healthy profits..

King Charles hosts first state visit for S.Africa’s Ramaphosa

King Charles hosts first state visit for S.Africa’s Ramaphosa

LONDON (Reuters) – King Charles will host his first state visit since his accession to the British throne when he welcomes South..

Shell to ‘evaluate’ 25 billion pound British investments after windfall tax

Shell to ‘evaluate’ 25 billion pound British investments after windfall tax

By Ron Bousso LONDON (Reuters) -Shell said on Monday it will evaluate plans to spend up to 25 billion pounds in Britain over the next ..

France demands Twitter ensure it can preserve ‘safe environment’

France demands Twitter ensure it can preserve ‘safe environment’

PARIS (Reuters) – French regulator Arcom said on Monday it had sent a letter to Twitter asking it to ensure by Nov. 24 that it c..

Exclusive-QatarEnergy boss says World Cup tension will not impact German business

Exclusive-QatarEnergy boss says World Cup tension will not impact German business

By Andrew Mills and Maha El Dahan DOHA (Reuters) – QatarEnergy chief Saad al-Kaabi said on Monday that business with German firm..

UK businesses call for looser immigration rules to boost growth

UK businesses call for looser immigration rules to boost growth

LONDON (Reuters) – Britain should create a programme of temporary work visas to boost economic growth and also resolve a dispute..

Lufthansa launches drive to hire 20,000 employees

Lufthansa launches drive to hire 20,000 employees

BERLIN (Reuters) – Deutsche Lufthansa said it planned to hire 20,000 new employees as the German flagship airline launched a rec..

Virgin Money shares leap on higher profit, investor payouts

Virgin Money shares leap on higher profit, investor payouts

By Iain Withers LONDON (Reuters) -Shares in British lender Virgin Money leapt 16% on Monday after it reported a jump in full-year prof..

StanChart sees Asia, Middle East as bright spots in weak global economy

StanChart sees Asia, Middle East as bright spots in weak global economy

By Anshuman Daga SINGAPORE (Reuters) – Standard Chartered expects Asia and the Middle East to outperform other regions even as s..

Nestle’s Nespresso to sell paper-based compostable coffee pods

Nestle’s Nespresso to sell paper-based compostable coffee pods

ZURICH (Reuters) – Nestle’s Nespresso coffee business is launching paper-based compostable capsules to attract customers p..

Contract caterer Compass expects 2023 profit growth to top 20%

Contract caterer Compass expects 2023 profit growth to top 20%

(Reuters) – Contract caterer Compass Group on Monday forecast its profit growth to be more than 20% in 2023 and margins to be ab..

In a stadium of their own, migrant workers say their sweat made World Cup happen

In a stadium of their own, migrant workers say their sweat made World Cup happen

By Maya Gebeily and Charlotte Bruneau DOHA (Reuters) -Taking selfies from the stands and sitting on the grassy pitch, thousands of mig..

Oil prices ease to trade near 2-month lows on China demand fears, dollar strength

Oil prices ease to trade near 2-month lows on China demand fears, dollar strength

By Emily Chow SINGAPORE (Reuters) -Oil prices dropped to trade near two-month lows on Monday, having earlier slid by around $1 a barre..

Younger Chinese are spurning factory jobs that power the economy

Younger Chinese are spurning factory jobs that power the economy

By David Kirton SHENZHEN (Reuters) – Growing up in a Chinese village, Julian Zhu only saw his father a few times a year when he ..

Chinese carmakers target more European sales with five-star EVs

Chinese carmakers target more European sales with five-star EVs

By Nick Carey SOLIHULL, England (Reuters) – Chinese electric vehicle (EV) makers have set their sights on winning over European ..

Irish consumer sentiment dips slightly on tech job losses

Irish consumer sentiment dips slightly on tech job losses

DUBLIN (Reuters) – Irish consumer sentiment dipped slightly in November as people grew concerned about job losses in the country..

Collapsed FTX owes nearly $3.1 billion to top 50 creditors

Collapsed FTX owes nearly $3.1 billion to top 50 creditors

(Reuters) -Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, said it owes its 50 biggest creditors ne..

Pfizer/BioNTech’s updated COVID shot shows strong response against BQ.1.1

Pfizer/BioNTech’s updated COVID shot shows strong response against BQ.1.1

(Reuters) -Pfizer Inc and its German partner BioNTech SE said on Friday their Omicron-tailored shot produced higher virus-neutralizing..

Analysis-U.S. regulators could be pressured by slim Republican House control

Analysis-U.S. regulators could be pressured by slim Republican House control

By Ross Kerber and Chris Prentice BOSTON/ WASHINGTON (Reuters) – With the U.S. House of Representatives under their control, Rep..

Big Pharma may have to reveal government deals in WHO’s draft pandemic rules

Big Pharma may have to reveal government deals in WHO’s draft pandemic rules

By Jennifer Rigby and Emma Farge LONDON/GENEVA (Reuters) – Pharmaceutical companies could be made to disclose prices and deals a..

UK’s Royal Mail workers to strike in run-up to Christmas

UK’s Royal Mail workers to strike in run-up to Christmas

LONDON (Reuters) -Postal workers at Britain’s Royal Mail will strike for six days in the run-up to the busy Christmas period in ..