Headlines

Britain’s Labour Party wins by-election in southwestern English town

Britain’s Labour Party wins by-election in southwestern English town

LONDON (Reuters) -Britain’s opposition Labour Party won a contest for a new lawmaker in the southwestern English town of Kingswo..

Australia’s QBE Insurance annual profit more than doubles but misses view

Australia’s QBE Insurance annual profit more than doubles but misses view

(Reuters) -Australia’s QBE Insurance Group’s full-year profit more than doubled on Friday, helped by higher income from pr..

UK’s Costa Coffee to give workers 9% pay rise

UK’s Costa Coffee to give workers 9% pay rise

LONDON (Reuters) – Britain’s Costa Coffee will give over 15,000 hourly-paid workers an average 9% pay increase from April ..

Jet engine maker Safran raises dividend on profit jump and growth outlook

Jet engine maker Safran raises dividend on profit jump and growth outlook

PARIS (Reuters) -French jet engine maker Safran posted sharply higher revenue and operating profit for 2023, raised its dividend and p..

Cisco to cut more than 4,000 jobs, lowers annual revenue forecast

Cisco to cut more than 4,000 jobs, lowers annual revenue forecast

(Reuters) -Cisco Systems said it would cut 5% of its global workforce, or more than 4,000 jobs, and lowered its annual revenue target ..

Swedish union to exempt some Tesla cars from mechanic strike

Swedish union to exempt some Tesla cars from mechanic strike

STOCKHOLM (Reuters) – Swedish labour union IF Metall on Wednesday said it would permit its mechanics to fix some Tesla cars at i..

India’s Bosch posts Q3 profit climb on healthy auto parts demand

India’s Bosch posts Q3 profit climb on healthy auto parts demand

BENGALURU (Reuters) – Bosch, the Indian arm of German automotive supplier Robert Bosch GmbH, reported a 62.5% climb in third-qua..

TUI swings to surprise first-quarter profit on robust travel demand

TUI swings to surprise first-quarter profit on robust travel demand

LONDON (Reuters) – Europe’s largest travel operator TUI on Tuesday reported far better-than-expected first quarter results..

German economy expected to grow in 2024, official says

German economy expected to grow in 2024, official says

BERLIN (Reuters) – Germany is not in recession and its economy is expected to grow in 2024, Chancellor Olaf Scholz’s chief..

The hardest job in the world’: Siberian shipyard workers brave freezing cold

The hardest job in the world’: Siberian shipyard workers brave freezing cold

YAKUTIA, Russia (Reuters) – A drone flies low over a snow-covered shipyard in Russia’s Far East, where workers toil in sub..