Richemont say US business in good position for growth
ZURICH (Reuters) -Richemont’s U.S. business is in a good position to carry on growing now that uncertainty around this week̵..
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Global Fiber Optic Patch Cord Market Propelled by 5.5% CAGR – Verified Market Reports®
The Global Fiber Optic Patch Cord Market is projected to grow at a CAGR of 5.5% from 2024 to 2030, according to a new report published..
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Global Ultrasonic Imaging Camera Market Propelled by 15.2% CAGR – Verified Market Reports®
The Global Ultrasonic Imaging Camera Market is projected to grow at a CAGR of 15.2% from 2024 to 2030, according to a new report publi..
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Global Adaptive Learning Software Market Propelled by 18.14% CAGR – Verified Market Reports®
The Global Adaptive Learning Software Market is projected to grow at a CAGR of 18.14% from 2024 to 2030, according to a new report pub..
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Global Turbocompressor Market Propelled by 5.23% CAGR – Verified Market Reports®
The Global Turbocompressor Market is projected to grow at a CAGR of 5.23% from 2024 to 2030, according to a new report published by Ve..
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Global Platelet Agitator Market Propelled by 4.88% CAGR – Verified Market Reports®
The Global Platelet Agitator Market is projected to grow at a CAGR of 4.88% from 2024 to 2030, according to a new report published by ..
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Global Mining Software Market Propelled by 8.1% CAGR – Verified Market Reports®
The Global Mining Software Market is projected to grow at a CAGR of 8.1% from 2024 to 2030, according to a new report published by Ver..
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LightOn to become Europe’s first listed GenAI startup with Paris IPO
(Reuters) – French generative AI startup LightOn launched an initial public offering (IPO) on the Euronext Growth market in Pari..
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Audi unveils new EV brand in China without four ring logo
By Brenda Goh SHANGHAI (Reuters) – Audi on Thursday unveiled a new electric vehicle brand in China whose cars will sport just th..
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Diamond necklace possibly linked to Marie Antoinette’s demise up for auction
By Cecile Mantovani and Denis Balibouse GENEVA (Reuters) – A diamond-studded necklace thought to be involved in a scandal that l..
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Lyft projects strong fourth-quarter bookings on robust commuter demand, shares jump
By Akash Sriram (Reuters) -Lyft on Wednesday forecast current-quarter gross bookings above estimates after posting upbeat quart..
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Coty sees annual profit at low end of forecast as mass beauty demand slows
(Reuters) – Coty on Wednesday said it expects annual profit to come in at the low end of its forecast, as weak demand for be..
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Italy opens procedure against Sinochem over Pirelli possible governance breach
MILAN (Reuters) – Pirelli said on Wednesday that Italy’s Prime Minister’s Office opened an administrative proced..
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Safran appoints new CEOs for its Aircraft Engines, Electrical & Power units
(Reuters) – Safran has appointed Stephane Cueille as CEO of its Aircraft Engines unit, replacing Jean-Paul Alary effective in th..
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UK orders China-registered firm to sell stake in Scottish chip company
LONDON (Reuters) – The British government on Wednesday ordered China-registered Future Technology Devices International Hold..
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China wants talks on trade measures at COP29 climate summit, document shows
By Kate Abnett BRUSSELS (Reuters) – China has requested that countries hold talks at next week’s COP29 U.N. climate summit..
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Cycling-Britain’s Froome dreaming of one last Tour de France
(Reuters) – Four-times Tour de France champion Chris Froome says he dreams of competing in the world’s greatest cycling ra..
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Walmart, other US retailers import fewer Christmas goods ahead of tepid holiday season
By Richa Naidu, Aishwarya Venugopal and Siddharth Cavale (Reuters) – Santa Claus is not delivering as many Christmas trees, toys..
Business
CFE Finance Group acquires 100% of TechStar, a leader in the Metaverse A €6 million investment in the Meta Presence® platform
CFE Finance Group, an investment banking boutique, has acquired 100% of TechStar, a pioneering company in industrial metaverse technol..
Technology
DHL reports Q3 net income below expectations
(Reuters) -German logistics giant DHL reported a third quarter net income of 751 million euros ($817 million) on Tuesday, missing anal..
Business
Shein’s European entity reports 68% sales growth in 2023
By Helen Reid LONDON (Reuters) -Sales by Shein’s Ireland-registered entity Infinite Styles Ecommerce Co grew 68% in 2023, hittin..
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KPMG to lay off less than 4% of US audit workforce, source says
(Reuters) -KPMG will lay off less than 4%, or about 330 people, of its audit workforce in the United States, a source familiar with th..
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Sterling extends bounce off recent lows as U.S. election in focus
By Medha Singh (Reuters) – The British pound bounced against a tepid dollar on Monday ahead of high-stakes events this week that..
Finance
China EV price deal needs be as effective as tariffs, says EU official
BRUSSELS (Reuters) – Any agreement reached with Chinese producers on minimum prices for electric vehicles would need to be as ef..
Business
Ryanair H1 profit falls 18% on lower fares, but price weakness moderating
By Conor Humphries DUBLIN (Reuters) -Budget airline Ryanair said on Monday that average fares fell 10% in the six months ended Septemb..
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Swedish government commission recommends easing mortgage repayment rules
STOCKHOLM (Reuters) – Sweden should ease rules on mortgage borrowing and repayment which have made it harder for new buyers to g..
Finance
German companies’ hiring plans drop to four-year low, Ifo finds
BERLIN (Reuters) – German companies are less willing to hire new staff than at any point in more than four years, data from the ..
Business
Burberry shares jump on Moncler bid report
(Reuters) -Burberry shares rose as much as 8% on Monday after a media report said Italian luxury outerwear maker Moncler was consideri..
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A year on, Intel’s touted AI-chip deals have fallen short
By Jeffrey Dastin (Reuters) – Intel’s upbeat revenue projections on Thursday masked a sore point for the embattled company..
Technology
Markets start big month on cautious footing as US jobs data looms
By Stella Qiu and Alun John SYDNEY/LONDON (Reuters) – Markets started what could be a momentous month warily, with shares steady..
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Pound set for worst weekly losses since 2018 after budget jolt
LONDON (Reuters) – The pound stabilised on Friday after a volatile few sessions, but still headed for its longest stretch of wee..
Finance
UK factory activity shrinks slightly for first time since April, PMI shows
By David Milliken LONDON (Reuters) – British factory activity contracted very slightly last month for the first time since April..
Industries
Exclusive-Chinese researchers develop AI model for military use on back of Meta’s Llama
By James Pomfret and Jessie Pang (Reuters) -Top Chinese research institutions linked to the People’s Liberation Army have used M..
Technology
Asia’s factory activity stagnates, taking shine off rebound in China
By Leika Kihara TOKYO (Reuters) – Asia’s manufacturing activity stagnated in October as a rebound in China failed to give ..
Industries
Virgin Money UK picks insider Gergely Zaborszky as next CFO
(Reuters) – British lender Virgin Money UK said on Wednesday that insider Gergely Zaborszky would take on the role of its CFO, a..
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Amundi’s Q3 net inflows profit from ETF demand, Asian operations
By Mathieu Rosemain PARIS (Reuters) – Amundi, Europe’s biggest fund manager, posted in-line quarterly inflows on Wednesday..
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French economy expanded 0.4% in Q3, INSEE says
PARIS (Reuters) -French economic growth beat estimates by accelerating by 0.4% in the third quarter 2024 from 0.2% in the secon..
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