Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record
By Tatiana Bautzer, Manya Saini and Niket Nishant (Reuters) – Morgan Stanley’s profit surpassed estimates on a bumper thir..
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Adyen co-founder’s new firm Tebi raises $22 million to expand
By Toby Sterling AMSTERDAM (Reuters) – The co-founder of payments giant Adyen has begun scaling up his new business softw..
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GSK sues Moderna for US patent infringement over COVID, RSV vaccines
By Blake Brittain (Reuters) -British drugmaker GlaxoSmithKline sued Moderna in U.S. federal court in Delaware on Tuesday, accus..
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Blackstone to invest $8.2 billion in data centres in northeastern Spain
MADRID (Reuters) – Blackstone, the world’s largest alternative asset manager, plans to invest 7.5 billion euros ($8..
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Spain 12-month EU-harmonised inflation falls to 1.7% in September
(Reuters) – Spain’s European Union-harmonised 12-month inflation fell to 1.7% in September, down from 2.4% in the p..
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Adobe starts roll-out of AI video tools, challenging OpenAI and Meta
(Reuters) – Adobe on Monday said it has started publicly distributing an AI model that can generate video from text promp..
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Hungary seeks housing boost from pensions ahead of 2026 election
By Gergely Szakacs BUDAPEST (Reuters) -Hungary’s economy ministry proposed on Monday that savings in private pension acco..
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Sterling dips as investors look to UK jobs, inflation reports this week
By Medha Singh LONDON (Reuters) – The pound held near a one-month low against the dollar on Monday ahead of wage growth a..
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Exclusive-Ericsson gets new 5G contract from India’s Bharti Airtel, sources say
By Supantha Mukherjee STOCKHOLM (Reuters) -Swedish telecom gear maker Ericsson has received a new multi-billion dollar contract..
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Stellantis’ CEO declines to rule out job cuts in challenging market
PARIS (Reuters) – Stellantis CEO Carlos Tavares on Monday declined to rule out job cuts and said keeping up with Chinese ..
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Geopolitics dents big UK businesses’ optimism, Deloitte says
By Andy Bruce (Reuters) – Optimism in large British companies softened ahead of the new Labour government’s first a..
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Athletics-Kenya’s Chepngetich smashes women’s marathon world record
(Reuters) -Kenya’s Ruth Chepngetich put on a performance for the ages as she obliterated the women’s marathon world..
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NASA spacecraft to study whether Jupiter’s moon Europa can harbor life
By Will Dunham WASHINGTON (Reuters) – NASA is set to launch a spacecraft to Jupiter’s moon Europa, considered one o..
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Italian-run space centre in Kenya to be used again for earth observation
MILAN (Reuters) – An Italian-run space centre in Kenya will be used again for the launch of Earth observation satellites ..
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Hungary’s economy to get boost from housing next year, PM Orban says
By Gergely Szakacs and Anita Komuves BUDAPEST (Reuters) -Hungary’s economic growth will accelerate substantially in the f..
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Dutch economy minister pushes for European chip industry coalition
ROME (Reuters) – The Dutch economy minister said on Thursday he wants to form a European Union “coalition of the wi..
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Tesla to give permanent jobs to 500 temporary staff at German gigafactory
FRANKFURT (Reuters) -Tesla on Thursday said it would give permanent jobs from Nov. 1 to 500 temporary workers at its German gig..
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Spain’s top fashion retailers to launch trial to collect clothes waste in 2025
By Corina Pons MADRID (Reuters) – Spain’s largest fashion companies will start collecting discarded clothes from Ap..
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UK property market strengthens, pressure on renters intensifies, RICS says
LONDON (Reuters) – Britain’s housing market recovered further last month, according to property surveyors who said house p..
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Hurricane Milton leaves Florida with less damage than feared
By Leonara LaPeter Anton and Brad Brooks ST. PETERSBURG, Florida (Reuters) -Hurricane Milton plowed into the Atlantic Ocean on Thursda..
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Sterling hovers near one-month low ahead of US inflation print
LONDON (Reuters) – The pound was flat on Thursday, hovering near its lowest level against the dollar in a month, as trade..
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French government to present 2025 belt-tightening budget
By Leigh Thomas PARIS (Reuters) – France’s government is to deliver its 2025 budget on Thursday with plans for 60 b..
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Britain sets out funding model for renewable energy storage projects
By Susanna Twidale LONDON (Reuters) – Britain will offer developers of renewable energy storage projects, such as pumped ..
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Multilateral banks could lend up to $480 billion more before rating downgrades, Fitch says
(Reuters) – A dozen of the largest multilateral development banks could collectively lend a further half-trillion dollars..
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Insurer Aviva secures $2 billion pensions buy-in
LONDON (Reuters) – British insurer Aviva has completed a 1.5 billion pound ($1.96 billion) bulk annuity buy-in deal with ..
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Ratan Tata, who put India’s Tata Group on the global map, dies at 86
By Abhirup Roy (Reuters) – Ratan Tata, the former Tata Group chairman who put a staid and sprawling Indian conglomerate o..
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Nobel chemistry prize 2024 goes to trio of protein pioneers
By Johan Ahlander, Niklas Pollard, Marie Mannes STOCKHOLM (Reuters) -U.S. scientists David Baker and John Jumper and Briton Demis Hass..
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Spain grants $146 million subsidy to Stellantis for potential EV battery plant
MADRID (Reuters) – Spain has granted automaker Stellantis a 133 million euro ($146 million) subsidy for its potential bat..
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UK population rises to 68.3 million, driven by immigration
LONDON (Reuters) – The United Kingdom’s population grew by 1% in annual terms to 68.3 million as of mid-2023, mainly due t..
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Thirty marathons in 30 days: Briton tests his stamina to raise funds for rare disease
By Horaci Garcia and Nacho Doce BARCELONA (Reuters) – When Mike Humphreys finished his 42 kilometre (26.1 miles) run in B..
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Global money market funds draw large inflows in the week to Oct. 2
(Reuters) – Global money market funds attracted large inflows in the week to Oct. 2 as investor caution ahead of a key U...
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Greece’s growth seen nearly unchanged in 2025, draft budget shows
By Lefteris Papadimas ATHENS (Reuters) – The Greek government is forecasting economic growth of 2.3% in 2025, outperformi..
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Pfizer wins bid to invalidate GSK’s patents over RSV vaccine
LONDON (Reuters) – Pfizer on Monday won a bid in a London court to invalidate two of GSK’s patents relating to a re..
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Adani Group in talks to buy Heidelberg’s Indian cement operations, paper says
BENGALURU (Reuters) -The Adani Group is in talks to buy the Indian cement operations of Germany’s Heidelberg Materials in..
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Factbox-2024 Nobel prizes announced this week
STOCKHOLM (Reuters) – The Nobel prizes are to be announced this week, starting with the award for medicine or physiology ..
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Soccer-Beleaguered Man United battle to 0-0 draw at Villa
BIRMINGHAM, England (Reuters) -Manchester United ground out a 0-0 draw at Aston Villa on Sunday with the club suffering their w..
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ECB will probably cut rates in Oct on risk of too low inflation: Villeroy
FRANKFURT (Reuters) – The European Central Bank will probably cut interest rates on Oct 17 as economic growth is weak and..
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