North Korea fires artillery into sea as South Korea and U.S. pledge cooperation
SEOUL (Reuters) -North Korea fired about 80 artillery rounds into a maritime border zone overnight, South Korea said on Friday, as def..
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Chaos, confusion reign ahead of Twitter layoffs
By Sheila Dang and Katie Paul (Reuters) – Fear and dread spread across Twitter Inc offices on Thursday as 7,500 employees from S..
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World equities fall, U.S. Treasury yields rise after hawkish Fed
By Chibuike Oguh NEW YORK (Reuters) -Global equities fell while U.S. Treasury yields rose on Thursday as investors weighed hawkish com..
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Euronext Italian arm to become group-wide clearer from end 2023
By Huw Jones LONDON (Reuters) – Pan-European stock exchange Euronext said on Thursday that customers will be able to clear all s..
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Investors trim bets for peak Bank of England rate
LONDON (Reuters) – Investors trimmed their bets on the peak for British interest rates on Thursday after the Bank of England tol..
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Italy’s Leonardo raises FY orders guidance after strong nine months
ROME (Reuters) -Italy’s state-controlled defence group Leonardo on Thursday raised its full-year guidance after reporting a size..
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More ethical businesses are more unlikely to experience unethical employee behaviour
Despite a growing trend for more ethical investment, Rotterdam School of Management, Erasmus University (RSM) has uncovered eight unet..
Business
Analysis: Energy market turmoil shakes Europe’s green power plan
By Susanna Twidale, Isla Binnie and Kate Abnett (Reuters) – Europe’s plan to roughly double renewable power generation by ..
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Expert View: Bank of England lifts UK rates to 3% in historic hike
LONDON (Reuters) – The Bank of England raised UK interest rates to 3% on Thursday in its largest rate hike since 1989 and warned..
Finance
Yum beats sales estimates as customers flock to KFC, Taco Bell deals
By Uday Sampath Kumar (Reuters) -Yum Brands Inc beat Wall Street estimates for quarterly comparable sales on Wednesday, as the company..
Business
World’s top bankers expect markets to stay turbulent
By Xie Yu and Summer Zhen HONG KONG (Reuters) – Central banks will get inflation under control, but there will be turbulence in ..
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New carbon accounting standards crucial in matching changing climate investment landscape
Specific accounting standards are urgently needed for new asset types such as certified carbon offset credits, according to a new repo..
News
Innovation and R&D: Are they the same thing?
By Emma Lewis, Tax Cloud R&D and innovation are certainly very closely linked and it’s easy to believe they’re one and the same. B..
Business
Energy crisis putting most German firms under duress -survey
BERLIN (Reuters) -The energy crisis is impacting nearly every branch of the German economy, with the number of companies that see high..
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Russian gold miner Polymetal’s Q3 revenue down 13% y/y
MOSCOW (Reuters) -Polymetal’s third-quarter revenue fell by 13% year on year to $714 million due to accumulated inventory and lo..
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Central banks ease off on rate hike push in October
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks around t..
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Britain’s Metro Bank returned to profit in September, sees no customer stress
LONDON (Reuters) – Metro Bank said on Wednesday it returned to profit in September by keeping a tight rein on costs and has so f..
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Britain’s Next sticks to outlook after quarterly sales rise
By James Davey LONDON (Reuters) -British clothing retailer Next reaffirmed full-year guidance that was cut in September as it reported..
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Catering group Sodexo targets operating margin above 6% in 2025
(Reuters) -French catering and food services group Sodexo onWednesday forecast organic sales growth of between 6% and 8% for fiscal 20..
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Big brands set to miss plastic sustainability targets
By Joe Brock SINGAPORE (Reuters) – Some of the world’s biggest consumer goods companies, including PepsiCo, Mars and Nestl..
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Quebec’s elected officials must swear oath to King Charles to sit in National Assembly
(Reuters) – Quebec National Assembly speaker ruled on Tuesday that all elected members must swear an oath to Britain’s Kin..
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CVS, Walmart, Walgreens agree to pay $13.8 billion to settle U.S. opioid claims – sources
By Brendan Pierson (Reuters) -CVS Health Corp, Walgreens Boots Alliance Inc and Walmart Inc have tentatively agreed to pay about $13.8..
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Asian shares rise, dollar dips ahead of Fed policy decision
By Stella Qiu SYDNEY (Reuters) – Asian shares climbed on Wednesday, led by Chinese stocks on reopening hopes, while the dollar s..
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EA lowers bookings expectation on strong dollar, gaming slowdown
By Tiyashi Datta and Aditya Soni (Reuters) -Electronic Arts Inc lowered its annual bookings forecast on Tuesday as the publisher of &#..
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France’s Thales says hackers claim to have stolen data
PARIS (Reuters) -French defence and technology group Thales said on Tuesday the hacker group LockBit 3.0 claimed to have stolen some o..
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Robinhood, Coinbase find sanctuary in interest income amid market rout
By Niket Nishant and Manya Saini (Reuters) – For U.S. online trading companies an often-overlooked financial metric could act as..
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European shares kick off November on bright note
By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares gained on Tuesday, starting November on an upbeat note amid growing h..
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Elon Musk, who runs four other companies, will now be Twitter CEO
(Reuters) -Tesla Inc boss Elon Musk said on Monday he will serve as chief executive of Twitter, the social media company he just bough..
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Thomson Reuters keeps outlook, but wary of slowing economy
By Nick Zieminski and Kenneth Li NEW YORK (Reuters) -Thomson Reuters Corp kept its financial guidance for this year and next after a f..
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European stocks hit six-week high on hopes for rate hike slowdown
By Elizabeth Howcroft LONDON (Reuters) -European stocks rose on Tuesday and the positive market sentiment was set to continue on Wall ..
Finance
Scientists in Germany turn up heat on seagrass in climate change fight
BERLIN (Reuters) – Scientists in Germany are working on ways to restore seagrass fields in the Baltic Sea, vast natural sinks th..
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Cryptoverse: Bitcoin wants to break its bond with stocks
(Our weekly analysis of the wild world of cryptocurrencies. Repeats for additional subscribers) By Lisa Pauline Mattackal and Medha Si..
Finance
Chinese fashion retailer Shein to open permanent ‘event space’ in Tokyo
TOKYO (Reuters) – Chinese fashion retailer Shein is to open its first permanent premises in Tokyo this month, the company said o..
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Frankfurt steps up efforts to shift euro clearing from London
By Huw Jones LONDON (Reuters) – Deutsche Boerse’s derivatives division stepped up efforts on Tuesday to attract a bigger s..
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Prosus and Naspers deny report they are in talks to sell Tencent stake
AMSTERDAM (Reuters) -Technology investment firm Prosus NV and its South African parent Naspers on Tuesday rejected as “untrue..
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Exclusive-Tesla plans mass production start for Cybertruck at end of 2023-sources
(Reuters) – Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the..
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UK’s National Grid launches 50 million pound energy support fund
By Nina Chestney LONDON (Reuters) – Britain’s National Grid said on Tuesday it has launched a 50 million pound ($58 millio..
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