Business

Britain’s Tesco lifts profit outlook after strong first half

Britain’s Tesco lifts profit outlook after strong first half

By James Davey LONDON (Reuters) -Tesco, Britain’s biggest supermarket group, lifted its annual profit forecast on Thursday after..

Britain’s Tesco lifts annual profit forecast after strong first half

Britain’s Tesco lifts annual profit forecast after strong first half

  By James Davey LONDON (Reuters) -Tesco, Britain’s biggest supermarket group, lifted its annual profit forecast on Thursda..

Morning Bid: PMIs to pave the way for rate cuts

Morning Bid: PMIs to pave the way for rate cuts

  A look at the day ahead in European and global markets from Stella Qiu Services PMIs due across Europe on Thursday are likely t..

Euro area long-dated yields rise after sharp drop, geopolitics in focus

Euro area long-dated yields rise after sharp drop, geopolitics in focus

By Stefano Rebaudo (Reuters) – Euro area government bond yields rose on Wednesday, a day after long-dated yields posted their ..

Sainsbury’s boss looks to UK budget to lift spending gloom

Sainsbury’s boss looks to UK budget to lift spending gloom

By James Davey COBHAM, England (Reuters) – Britons bruised by a cost of living crisis will not start spending strongly again unt..

SoftBank to invest $500 million in OpenAI, The Information reports

SoftBank to invest $500 million in OpenAI, The Information reports

  (Reuters) – Japanese telecom company SoftBank’s Vision Fund will invest $500 million in OpenAI’s latest fundi..

Big banks add October cut to ECB forecasts

Big banks add October cut to ECB forecasts

  LONDON (Reuters) -Major brokerages, including Goldman Sachs and JPMorgan, now expect the European Central Bank to deliver a qua..

Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say

Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say

  (Reuters) – TikTok’s Chinese parent ByteDance plans to develop an AI model trained primarily with chips from compat..

UK business confidence falls from eight-year high, Lloyds says

UK business confidence falls from eight-year high, Lloyds says

  By David Milliken LONDON (Reuters) – British business confidence ebbed slightly this month after reaching an eight-year h..

Exclusive-Ubisoft activist investor says it has support of 10% of shareholders in management tussle

Exclusive-Ubisoft activist investor says it has support of 10% of shareholders in management tussle

  By Zaheer Kachwala (Reuters) – An activist investor pushing for a sale of “Assassin’s Creed” maker Ubis..