Maersk triples quarterly profit despite lower container volumes
COPENHAGEN (Reuters) – Shipping group A.P. Moller-Maersk on Tuesday said record-high freight rates boosted quarterly earnings de..
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Business
WeWork rival IWG quarterly revenue dips on prolonged pandemic impact
(Reuters) – Office rental firm IWG Plc reported a slight fall in third-quarter revenue on Tuesday as a resurgence in global COVI..
Business
Elon Musk goes viral on Chinese social media with ancient poem post
(Refiles to fix location in dateline) By Eduardo Baptista HONG KONG (Reuters) – The posting of an ancient Chinese poem by Tesla ..
Business
Jewellery maker Pandora lifts 2021 outlook
COPENHAGEN (Reuters) – Pandora, the world’s largest jewellery maker by production capacity, on Monday lifted its sales and..
Business
Oil drops on China fuel reserves release; OPEC+ meeting in view
By Yuka Obayashi TOKYO (Reuters) -Oil prices dropped on Monday as China’s release of gasoline and diesel reserves eased concerns..
Business
Oil prices set for first weekly drop since August as supply concerns ease
By Roslan Khasawneh and Sonali Paul SINGAPORE (Reuters) -Oil prices edged up on Friday but were headed for their first weekly losses i..
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DS Smith says cardboard box volumes strong; flags higher costs
(Reuters) – Cardboard maker DS Smith said on Thursday its box volume growth has been strong in the first half of the year, suppo..
Business
Wagamama-owner Restaurant Group names former Cadbury executive Ken Hanna chairman
(Reuters) – Britain’s Restaurant Group, which owns Frankie & Benny’s and Wagamama, on Thursday named former Cadb..
Business
McDonald’s sales soar on higher U.S. prices, newer menu items
By Aishwarya Venugopal and Hilary Russ (Reuters) -Higher U.S. prices and celebrity-themed meals boosted quarterly comparable sales at ..
Business
Gas price surge pushes Europe’s ceramics industry to breaking point
By Stephen Jewkes, Isla Binnie and Elvira Pollina MILAN (Reuters) – Continental Europe’s $35 billion ceramics industry tho..
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Hackers-for-hire are biggest cybersecurity threat -EU agency
By Foo Yun Chee BRUSSELS (Reuters) – Hackers-for-hire emerged as the biggest threat to online security in the last 15 months, wi..
Business
Santander to release some pandemic provisions as profits jump
By Jesús Aguado MADRID (Reuters) -Santander is to release some of the cash it set aside at the height of the pandemic in a sign the Sp..
Business
It’s time to endorse e-signatures
Hybrid working is accelerating our move to cloud-based document management. But many businesses are reluctant to take an advanced step..
Business
Tesco says online services back up after interference ‘attempt’
LONDON (Reuters) -British supermarket chain Tesco said its website and app are back up after the services were disrupted by an attempt..
Business
Britain’s Co-op bank confirms TSB approach
LONDON (Reuters) – Britain’s Co-operative Bank confirmed on Monday that it expressed interest in potentially buying TSB fr..
Business
Norway’s DNB announces dividend after posting record Q3 earnings
By Victoria Klesty and Gwladys Fouche OSLO (Reuters) – Norway’s largest bank DNB reported its best ever third-quarter earn..
Business
Amazon and others commit to using zero-carbon shipping fuels by 2040
By Jonathan Saul LONDON (Reuters) -Amazon.com Inc and IKEA are among commercial users of container shipping that will opt for zero-car..
Business
Business sales drop 2% when local average tempera-ture increases by 1°C, says new report
A 1°C increase in average daily temperatures in the US is linked to a reduction in company sales of around 2%, according to research f..
Business
Trend Micro Evaluated as Having the Highest Score in Current Offering Category in XDR Evaluation
Trend Micro Vision One Named a Leader in firm’s first major XDR vendor evaluation Bangalore, – Trend Micro Incorporated (TYO: 4704; T..
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UK competition watchdog has music streaming in its sights
By Kate Holton LONDON (Reuters) -Britain’s competition regulator plans to launch an investigation into music streaming to see wh..
Business
Ford to invest around $300 million to build electric car parts at UK plant
LONDON (Reuters) – Ford said on Monday it would invest up to 230 million pounds ($316 million) to build electric car components ..
Business
Oil prices climb as COVID recovery, power generators stoke demand
By Jessica Jaganathan SINGAPORE (Reuters) -Oil prices hit their highest level in years on Monday as demand recovers from the COVID-19 ..
Business
Taiwan’s Foxconn shows off three electric vehicle prototypes
By Yimou Lee TAIPEI (Reuters) – Taiwan tech giant Foxconn unveiled its first three electric vehicle prototypes on Monday, unders..
Business
Italian fashion group OTB joins LVMH-led blockchain platform
MILAN (Reuters) – Italian fashion group OTB has joined a consortium formed by luxury goods heavyweights LVMH, Prada and Richemon..
Business
The logo of French cloud computing company OVHcloud is seen on a data-center building in Strasbourg, France, October 13, 2021. REUTERS/Christian Hartmann
LONDON (Reuters) – Royal Dutch Shell has appointed Wael Sawan as head of its integrated gas and renewables division, replacing M..
Business
Shares in French tech champion OVHcloud gain 6% in Paris debut
PARIS (Reuters) -Shares in French cloud computing company OVHcloud climbed around 6% on their first day of trading on Friday, after a ..
Business
Companies’ climate disclosures still lacking -task force
By Huw Jones and Simon Jessop LONDON (Reuters) -Around half of companies assessed have begun to apply globally-agreed climate-related ..
Business
IKEA warns supply chain disruptions likely to last into 2022
By Anna Ringstrom STOCKHOLM (Reuters) -IKEA, the world’s biggest furniture brand, is leasing more ships, buying containers and r..
Business
Digital ad demand helps Publicis hike 2021 growth outlook
By Milla Nissi (Reuters) – French advertising group Publicis raised its outlook for 2021 on Thursday as a global shift towards d..
Business
White collar jobs market booming: Employers need to be more creative to attract talent amid chronic skills shortages
The professional recruitment market has continued to perform exceptionally well with increases in year-on-year vacancy and placement f..
Business
JLR parent Tata Motors surges nearly 20% on TPG fundraise, EV plans
BENGALURU (Reuters) – Shares of India’s Tata Motors rose nearly 20% on Wednesday, a day after the Jaguar and Land Rover ow..
Business
Asia’s airlines ramp up flights, offers as tough COVID travel curbs ease
By Jamie Freed and Aradhana Aravindan SYDNEY/SINGAPORE (Reuters) – Asia-Pacific airlines have lost billions of dollars this year..
Business
Marston’s says Q4 sales above pre-pandemic levels
(Reuters) – Pub operator Marston’s said on Wednesday that sales were above pre-pandemic levels in the fourth quarter, as p..
Business
Apple likely to cut iPhone 13 production due to chip crunch -Bloomberg News
By Stephen Nellis (Reuters) -Apple Inc is likely to slash production of its iPhone 13 by as many as 10 million units due to the global..
Business
Levelling up the UK will take years, be costly and likely cause job losses if not carefully prepared and managed, says expert
The government’s move towards an economy with high-skill, high-wage and high productivity will likely cause economic disruptions and j..
Business
How to ensure your new hybrid team working is equitably inclusive
By: Joanna Rawbone, founder of Flourishing Introverts With the draw to return of the workplace increasing, and hybrid work..
Business
Textron launches two Cessna jets on corporate demand rebound
(Reuters) – Textron Inc on Monday launched two Cessna business jets as it looks to tap the corporate travel demand that has rebo..
Business