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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..

Air Liquide confirms full-year targets after in-line quarter

Air Liquide confirms full-year targets after in-line quarter

  By Olivier Cherfan (Reuters) -French industrial gases supplier Air Liquide reported third-quarter revenue in line with market e..

Goldman sees oil prices holding around $76/bbl in 2025 on ample supply

Goldman sees oil prices holding around $76/bbl in 2025 on ample supply

  (Reuters) – Goldman Sachs expects oil prices to average $76 a barrel in 2025 based on a moderate crude surplus and spare ..

L’Oreal third quarter sales disappoint as China spends less on beauty

L’Oreal third quarter sales disappoint as China spends less on beauty

  By Dominique Patton PARIS (Reuters) -French cosmetics giant L’Oreal reported a rise in third quarter sales on Tuesday tha..

OpenAI hires ex-White House official as chief economist

OpenAI hires ex-White House official as chief economist

  (Reuters) – ChatGPT parent OpenAI has tapped former White House official Aaron Chatterji as its first chief economist to ..