Business

China EV price deal needs be as effective as tariffs, says EU official

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..

Burberry shares jump on Moncler bid report

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..

Greek factory output grows but demand stays weak in October, PMI shows

Greek factory output grows but demand stays weak in October, PMI shows

ATHENS (Reuters) – Greece’s manufacturing sector saw a renewed expansion in output in October driven by producers efforts ..

Ericsson signs 5G ORAN deal with Spain’s MasOrange

Ericsson signs 5G ORAN deal with Spain’s MasOrange

  By Supantha Mukherjee STOCKHOLM (Reuters) – Ericsson has signed a 5G deal with Spain’s largest telecoms operator, M..

Covestro trims 2024 profit target again in a tough economy

Covestro trims 2024 profit target again in a tough economy

(Reuters) -German chemicals maker Covestro lowered the upper end of its full-year core profit forecast range on Tuesday for the second..

Volkswagen’s Traton reports higher sales in weak truck market

Volkswagen’s Traton reports higher sales in weak truck market

  (Reuters) -Volkswagen’s truck unit Traton on Monday reported a 3% rise in nine-month revenue amid subdued demand for comm..

Analysis-Bricks over clicks as shops come back into fashion in Europe

Analysis-Bricks over clicks as shops come back into fashion in Europe

By Alberto Chiumento and Paolo Laudani (Reuters) – The rise of online shopping has led to swathes of store closures, casting dou..

Global commercial insurance rates show first quarterly fall in seven years, Marsh says

Global commercial insurance rates show first quarterly fall in seven years, Marsh says

  LONDON (Reuters) – Global commercial insurance rates fell 1% in the third quarter of 2024, the first quarterly decline re..

Italgas posts third-quarter core profit up 10.9% ahead of 2i Rete Gas acquisition

Italgas posts third-quarter core profit up 10.9% ahead of 2i Rete Gas acquisition

  (Reuters) -Europe’s biggest gas distributor Italgas on Thursday reported 10.9% growth in third-quarter adjusted core earn..

Gold’s allure spreads as bulls lock in on fresh records

Gold’s allure spreads as bulls lock in on fresh records

  By Polina Devitt and Swati Verma LONDON (Reuters) – Gold is extending a period of successive record highs, moving the psy..