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Europe struggling to meet offshore wind targets, industry heads and lawmakers say

Europe struggling to meet offshore wind targets, industry heads and lawmakers say

  By Jacob Gronholt-Pedersen and Stine Jacobsen ODENSE, Denmark (Reuters) – Europe is falling behind its own ambitious targ..

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..

Harry Potter publisher Bloomsbury tracks ahead of FY24-25 expectations on fantasy-fiction demand

Harry Potter publisher Bloomsbury tracks ahead of FY24-25 expectations on fantasy-fiction demand

  (Reuters) -UK’s Bloomsbury Publishing on Thursday said trading in fiscal year 2024-2025 will be ahead of current expectat..

IBM misses third-quarter revenue estimates as consulting drags; shares fall

IBM misses third-quarter revenue estimates as consulting drags; shares fall

  By Arsheeya Bajwa (Reuters) -International Business Machines missed analysts’ estimates for third-quarter revenue on Wedn..

Wolfspeed shelves plans to build chip factory in Germany

Wolfspeed shelves plans to build chip factory in Germany

  (Reuters) -Wolfspeed has shelved plans to build a semiconductor factory in Ensdorf, Germany, due to slower electric vehicle ado..

IMF says UK should shield investment while curbing debt

IMF says UK should shield investment while curbing debt

  By David Lawder and David Milliken WASHINGTON (Reuters) -Britain should bring public debt under control in a way that preserves..

Mike Ashley’s Frasers drops plan to buy luxury brand Mulberry

Mike Ashley’s Frasers drops plan to buy luxury brand Mulberry

  (Reuters) -British sportswear and apparel retailer Frasers Group walked away from its attempts to buy Mulberry on Wednesday, ci..

French bond investors brace for Moody’s rating review

French bond investors brace for Moody’s rating review

  By Stefano Rebaudo (Reuters) – Rating agency Moody’s will review France’s sovereign rating on Friday in what ..

Euro zone consumer confidence rises to -12.5 in October

Euro zone consumer confidence rises to -12.5 in October

  (Reuters) – Euro zone consumer confidence rose by 0.4 points in October from the September number, figures released on We..