Ahold turns to solar panels, lowers thermostats to save energy
By Richa Naidu and Toby Sterling LONDON (Reuters) – Supermarket group Ahold Delhaize is turning to renewable energy and lowering..
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Britain’s Next buys failed furniture retailer Made.com, 400 jobs axed
By Sachin Ravikumar LONDON (Reuters) -British fashion retailer Next will buy the Made.com brand for 3.4 million pounds ($3.8 million) ..
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Britain’s M&S warns of ‘gathering storm’ of higher costs and weak consumer
By James Davey LONDON (Reuters) -British retailer Marks & Spencer warned on Wednesday of a “gathering storm” of higher..
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Citigroup to buy Deutsche Bank license in Mexico for wholesale unit
NEW YORK (Reuters) -Citigroup Inc said on Tuesday it would purchase Deutsche Bank’s Mexican license in order to continue its cor..
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Adidas slashes 2022 outlook after Kanye West split
By Rachel More BERLIN (Reuters) -Adidas further slashed its outlook for 2022 on Wednesday as it weighed the impact of its split from Y..
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Commerzbank keeps outlook as lower Q3 profit still beats expectations
By Tom Sims and Unknown 9629b5b2-3983-43b7-ac6e-49eba7f61a04 FRANKFURT (Reuters) -Germany’s Commerzbank said on Wednesday its ne..
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ABN Amro’s Q3 profit jumps as interest income recovers
AMSTERDAM (Reuters) -Dutch bank ABN Amro beat analysts’ expectations on Wednesday, saying its net profit had more than doubled t..
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InPost sees stronger 2022 but warns of slowing demand
(Reuters) – Poland’s InPost on Wednesday said its full-year expectations were higher than previously anticipated thanks to..
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Taiwan’s President looks forward to Britain supporting its CPTPP bid
TAIPEI (Reuters) – Taiwan’s President Tsai Ing-wen told visiting British minister of state for trade Greg Hands on Wednesd..
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Dollar catches breath while investors await midterms; cryptos skittish
By Tom Westbrook SINGAPORE (Reuters) – The dollar steadied on Wednesday as traders waited on results from U.S. elections and on ..
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Oil prices ease on U.S. inventory build, China COVID worries
By Sonali Paul and Isabel Kua SINGAPORE (Reuters) -Oil prices slid on Wednesday as industry data showed U.S. crude stockpiles rose mor..
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Asia stocks advance as investors await U.S. midterm election results
By Ankur Banerjee SINGAPORE (Reuters) – Asian shares rose and the dollar wobbled on Wednesday as investors awaited U.S. inflatio..
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Twitter to introduce ‘Official’ label for some verified accounts
By Sheila Dang and Fanny Potkin (Reuters) -Billionaire Elon Musk’s social media platform Twitter will introduce an “Offici..
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Binance plans to buy rival FTX in bailout as crypto market crumbles
By Hannah Lang and Tom Wilson WASHINGTON/LONDON (Reuters) – Crypto giant Binance signed a nonbinding agreement on Tuesday to buy..
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Novavax cuts full-year revenue forecast again amid weak demand
(Reuters) – Novavax Inc cut its full-year revenue forecast on Tuesday for the second time in three months, hurt by a global supp..
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Disney streaming beats Wall Street targets, earnings miss
By Dawn Chmielewski and Lisa Richwine (Reuters) – Walt Disney Co said on Tuesday its marquee streaming service, Disney+, gained ..
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Factbox-Strikes, protests in Europe over cost of living and pay
(Reuters) – European countries are facing strikes and protests due to high energy prices and mounting costs of living. Here are ..
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At COP27, climate ‘loss and damage’ funding makes it on the table
By Laurie Goering SHARM EL-SHEIKH, Egypt (Thomson Reuters Foundation) – Warned that mounting economic crises should not delay ac..
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Negotiating our future’: Youth set to grab power roles at COP27
By Laurie Goering SHARM EL-SHEIKH, Egypt (Thomson Reuters Foundation) – Fiji’s Sivendra Michael was just a year old when P..
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How mixing farms with forests can help the UK reach net zero
By Rachel Parsons PETERBOROUGH, England (Thomson Reuters Foundation) – Stephen Briggs popped open his pocket knife, carved a wed..
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German industry calls for delay to global minimum tax – BDI
BERLIN (Reuters) – German industry has called for a delay to a global minimum corporate tax by at least a year to 2025 to give c..
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British minister to meet Taiwan president, drawing China’s anger
TAIPEI (Reuters) – A British minister will visit Taiwan this week for trade talks and meet President Tsai Ing-wen, his office sa..
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Russia’s Sberbank sues Glencore for $116 million over oil supplies
MOSCOW (Reuters) – Russia’s largest lender, Sberbank, is suing global commodities trader Glencore for around 117 million e..
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Analysis-Runaway prices have central Europe on the ropes
By Gergely Szakacs and Anna Wlodarczak-Semczuk BUDAPEST/WARSAW (Reuters) – While inflation in western Europe is largely expected..
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China’s COVID resurgence spurs new curbs, Foxconn imposes restrictions
SHANGHAI (Reuters) – China’s escalating COVID-19 resurgence has spurred authorities and companies, including key iPhone ma..
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Oil prices slide as hopes for China demand rebound fade
By Florence Tan SINGAPORE (Reuters) -Oil prices fell more than $1 a barrel on Monday after Chinese officials on the weekend reiterated..
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Six in ten Britons will spend less at Christmas -Deloitte survey
LONDON (Reuters) – Six in ten Britons believe they will have less money to spend over the Christmas period than last year, accor..
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“Live up to your climate promises,” UK PM will say
SHARM EL-SHEIKH, Egypt (Reuters) – British Prime Minister Rishi Sunak will on Monday use a speech at the United Nations climate ..
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Facebook parent Meta is preparing large-scale layoffs this week – WSJ
(Reuters) – Meta Platforms Inc is planning to begin large-scale layoffs this week that will affect thousands of employees, the W..
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ECB, UniCredit clash over capital plans, Russia presence, FT says
(Reuters) – The European Central Bank (ECB) has clashed with UniCredit over the Italian lender’s plans to return cash to s..
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Twitter asks some laid off workers to come back, Bloomberg reports
(Reuters) – After Twitter Inc laid off roughly half its staff on Friday following Elon Musk’s $44 billion acquisition, the..
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Euro zone downturn deepened in Oct, winter recession likely -PMI
LONDON (Reuters) – Euro zone business activity contracted last month at the fastest pace since late 2020 as high inflation and f..
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Shares in Monte dei Paschi plunge 14% after capital raise
MILAN (Reuters) – Shares in Monte dei Paschi di Siena plunged 14% on Friday, triggering an automatic trading suspension, after t..
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Britain launches scheme to pay homes to curb electricity use
LONDON (Reuters) – Britain’s National Grid on Friday launched a scheme to pay homeowners and businesses to curb their elec..
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German industrial orders drop in Sept on foreign demand slump
BERLIN (Reuters) – German industrial orders fell more than expected in September, weighed down by a sharp fall in foreign demand..
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Nissan says talks with Renault focused on better competing in electric cars
By Kevin Krolicki and David Dolan TOKYO (Reuters) -Nissan Motor Co’s talks with Renault SA are focused on optimising their inves..
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UK new car sales up by nearly a quarter in October – SMMT
(Reuters) – British new car registrations rose for the third consecutive month in October, up by around a quarter, according to ..
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