financial community

Image for Porsche SE earnings down a third as German carmakers struggle
Investing

Porsche SE earnings down a third as German carmakers struggle

(Reuters) – Porsche SE’s earnings after tax fell a third, to 2.5 billion euros ($2.65 billion), in t...

13th November, 2024

Image for British writer Harvey wins Booker Prize for space story ‘Orbital’
Top Stories

British writer Harvey wins Booker Prize for space story ‘Orbital’

LONDON (Reuters) – Britain’s Samantha Harvey won the 2024 Booker Prize for her novel ‘Orbital’, a st...

13th November, 2024

Image for Explainer-COP29: What is the latest science on climate change?
Top Stories

Explainer-COP29: What is the latest science on climate change?

By Gloria Dickie BAKU (Reuters) – This year’s U.N. climate summit – COP29 – is being held during yet...

12th November, 2024

Image for Germany’s IG Metall union says agrees wage deal for key industries
Top Stories

Germany’s IG Metall union says agrees wage deal for key industries

By Alexander Hübner MUNICH (Reuters) -Germany’s largest industrial union said it had struck a wage d...

12th November, 2024

Image for AstraZeneca lifts 2024 revenue and profit forecast after Q3 beat
Business

AstraZeneca lifts 2024 revenue and profit forecast after Q3 beat

(Reuters) – Drugmaker AstraZeneca lifted its annual sales and profit forecast for the second time in...

12th November, 2024

Image for German inflation confirmed at 2.4% in October
Finance

German inflation confirmed at 2.4% in October

BERLIN (Reuters) – German inflation rose to 2.4% in October, the federal statistics office said on T...

12th November, 2024

Image for COP29 countries endorse global carbon market framework
Top Stories

COP29 countries endorse global carbon market framework

By Virginia Furness and Kate Abnett BAKU (Reuters) – Countries at the two-week COP29 climate summit...

12th November, 2024

Image for Spain’s former central bank chief to lead Bank for International Settlements
Banking

Spain’s former central bank chief to lead Bank for International Settlements

LONDON (Reuters) – Spain’s former central bank governor, Pablo Hernandez de Cos, was picked on Monda...

12th November, 2024

Image for Volkswagen investment chief steps down from Northvolt board
Investing

Volkswagen investment chief steps down from Northvolt board

STOCKHOLM (Reuters) -The head of investments at German auto maker Volkswagen is leaving the board of...

12th November, 2024

Image for Moncler repeats it won’t comment on ‘unsubstantiated rumors’ about Burberry
Business

Moncler repeats it won’t comment on ‘unsubstantiated rumors’ about Burberry

MILAN (Reuters) – Italy’s Moncler on Monday reiterated it would not comment “on unsubstantiated rumo...

11th November, 2024

Image for Spain’s Melia books 24% 9-month net profit increase as summer sales soar
Top Stories

Spain’s Melia books 24% 9-month net profit increase as summer sales soar

MADRID (Reuters) – Spain’s largest hotel chain, Melia Hotels, on Monday said its net profit over the...

11th November, 2024

Image for UMG says Pershing does not have right to require Amsterdam delisting
Investing

UMG says Pershing does not have right to require Amsterdam delisting

(Reuters) -Universal Music Group (UMG) said on Saturday that billionaire Bill Ackman’s Pershing Squa...

10th November, 2024