Nokia to cut up to 14,000 jobs after sales drop a fifth
STOCKHOLM (Reuters) -Finnish telecom gear group Nokia said on Thursday it would cut up to 14,000 jobs in a new cost reduction effort a..
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Nestle misses nine-month sales estimates, expects volume upturn by year-end
LONDON (Reuters) -Nestle posted lower-than-expected nine-month sales growth on Thursday as higher product prices made shoppers balk, b..
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Explainer-Scotland’s “kilt” bonds – how might the debt plan work?
LONDON (Reuters) – Scotland’s pro-independence government plans to sell bonds in international debt markets for the first ..
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Exclusive-G7 to discuss four versions of Russian diamond ban this week- sources
BRUSSELS (Reuters) – G7 countries will this week discuss four plans to ban Russian diamonds from G7 markets from Jan. 1, from li..
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Oil up about 2% on big US crude storage draw, Middle East tension
NEW YORK (Reuters) -Oil prices climbed about 2% to a two-week high on Wednesday on a bigger-than-expected U.S. storage draw and as ris..
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Britain aims for global leadership role with AI safety summit
LONDON (Reuters) – Britain will host the world’s first global artificial intelligence (AI) safety summit next month, aimin..
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ECB starts preparation for digital euro in multi-year project
The ECB said it would start a two-year “preparation phase” for the digital euro on November 1, in which it would finali..
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ASML warns of flat 2024 sales as chipmakers slow orders
AMSTERDAM (Reuters) – Semiconductor equipment maker ASML Holding NV reported lower-than-expected orders on Wednesday and warned ..
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China’s Nio considers tapping dealers to boost EV sales in Europe – sources
SHANGHAI (Reuters) -Chinese electric vehicle maker Nio is considering building a dealer network in Europe to speed up sales growth, th..
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CVC looking at Nexi but no bid in the works-source
MILAN (Reuters) -A potential deal targeting Italian payments group Nexi is one of several options being studied by CVC Capital Partner..
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