Business

UK retailers see weak sales growth in November despite Black Friday deals

UK retailers see weak sales growth in November despite Black Friday deals

By Suban Abdulla LONDON (Reuters) -British retail sales growth remained sluggish in November despite Black Friday deals, as the ongoi..

Fall in euro zone Nov business activity adds to recession expectations -PMI

Fall in euro zone Nov business activity adds to recession expectations -PMI

LONDON (Reuters) – The downturn in euro zone business activity eased last month but still indicates the bloc’s economy wi..

Analysis-Job cuts, lean bonuses loom over Europe’s bankers in 2024

Analysis-Job cuts, lean bonuses loom over Europe’s bankers in 2024

By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) – A mix of global economic unease and geopolitical uncertain..

Britain to promote share ownership in bid to encourage London IPOs

Britain to promote share ownership in bid to encourage London IPOs

By Huw Jones LONDON (Reuters) – Britain plans further measures to encourage people to buy shares in an effort to boost economic..

Baer says exposure to single group tops 600 million francs, as Signa crisis deepens

Baer says exposure to single group tops 600 million francs, as Signa crisis deepens

ZURICH (Reuters) -Julius Baer, which has been expected to write down some loans to troubled property group Signa, said on Monday it h..

Enel to invest 36 billion euros by 2026, be more selective on renewables

Enel to invest 36 billion euros by 2026, be more selective on renewables

By Francesca Landini MILAN (Reuters) -Italy’s Enel plans 35.8 billion euros ($39 billion) gross capital expenditure in the next..

Siemens Energy’s struggling wind unit plans $436 million in cost cuts

Siemens Energy’s struggling wind unit plans $436 million in cost cuts

By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) -Siemens Gamesa, the struggling wind division of Germany’..

BBC scraps UK Top Gear show for ‘foreseeable future’ following crash

BBC scraps UK Top Gear show for ‘foreseeable future’ following crash

LONDON (Reuters) – The British version of the globally popular BBC car show ‘Top Gear’ will not return for the fore..

Exclusivity the name of the game as luxury firms target China’s wealthiest for growth

Exclusivity the name of the game as luxury firms target China’s wealthiest for growth

By Casey Hall and Mimosa Spencer SHANGHAI/PARIS (Reuters) – The world’s biggest luxury brands seeking growth in their sec..

Giorgio Armani fashions his own legacy with succession plan

Giorgio Armani fashions his own legacy with succession plan

By Elisa Anzolin MILAN (Reuters) – Giorgio Armani has always kept a tight grip on the firm he founded, and the Italian fashion ..