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ABB invests $280 million in new robotics factory in Sweden

ABB invests $280 million in new robotics factory in Sweden

ZURICH (Reuters) – ABB is spending $280 million on a new robotics factory in Sweden, the Swiss engineering and technology group ..

Aviva to sell Singlife joint venture stake for $1 billion

Aviva to sell Singlife joint venture stake for $1 billion

LONDON (Reuters) -Aviva is quitting its Singlife joint venture, selling its 25.9% stake in Singapore Life Holdings and two debt instru..

Sterling drops after UK economy contracts by more than expected

Sterling drops after UK economy contracts by more than expected

LONDON (Reuters) – The British pound declined against the dollar and euro on Wednesday after data showed British economic output..

Zara owner Inditex’s H1 profit climbs as it eyes growth through stable prices

Zara owner Inditex’s H1 profit climbs as it eyes growth through stable prices

MADRID (Reuters) -Zara owner Inditex reported on Wednesday a jump of 40% in profit for the six months to July amid higher sales compar..

Oil near 10-month peak on supply tightness, US inflation data awaits

Oil near 10-month peak on supply tightness, US inflation data awaits

(Reuters) -Oil rose on Wednesday, firming its ground near a 10-month peak reached during trading a day earlier, as the market balanced..

EY to create 1,000 jobs in N. Ireland, kicking off investment conference

EY to create 1,000 jobs in N. Ireland, kicking off investment conference

LONDON (Reuters) – Professional services firm EY will create 1,000 jobs in Northern Ireland over the next five years, the Britis..

Boeing deliveries decrease in August as it wrestles with manufacturing defect

Boeing deliveries decrease in August as it wrestles with manufacturing defect

WASHINGTON (Reuters) – Boeing delivered 35 planes in August, its lowest number since April, as it struggles with time-consuming ..

Nothing to toast as Italy loses wine-making leadership to France

Nothing to toast as Italy loses wine-making leadership to France

ROME (Reuters) – Wine output in Italy looks set to fall 12% this year to below 44 million hectolitres after extreme weather and ..

UK, Japanese, Italian partners agree next steps for fighter jet

UK, Japanese, Italian partners agree next steps for fighter jet

LONDON (Reuters) – Britain’s BAE Systems, Japan’s Mitsubishi Heavy Industries, and Italy’s Leonardo have agree..

FTSE 100 rises on peak rate bets; Smurfit Kappa slumps on WestRock deal

FTSE 100 rises on peak rate bets; Smurfit Kappa slumps on WestRock deal

(Reuters) – UK’s FTSE 100 index inched higher on Tuesday after labour data signalled that the Bank of England might be nea..