Headlines

Ericsson books $3 billion impairment, says Q3 core profit fell 39%

Ericsson books $3 billion impairment, says Q3 core profit fell 39%

STOCKHOLM (Reuters) -Ericsson on Wednesday announced a 32 billion Swedish crown ($2...

Travis Perkins shares sink as weak housing market prompts profit warning

Travis Perkins shares sink as weak housing market prompts profit warning

LONDON (Reuters) -Travis Perkins, Britain’s biggest supplier of building mater..

Asia stocks hit 2-week high as Fed talk turns dovish

Asia stocks hit 2-week high as Fed talk turns dovish

SINGAPORE (Reuters) – Asia’s stockmarkets rose on Wednesday and the doll..

Euribor revamp aims to attract wider pool of banks

Euribor revamp aims to attract wider pool of banks

LONDON (Reuters) – Administrators of the Euribor bank-to-bank lending rate are..

HP forecasts 2024 profit in line with estimates, boosts annual dividend

HP forecasts 2024 profit in line with estimates, boosts annual dividend

(Reuters) -HP Inc on Tuesday forecast fiscal 2024 earnings largely in line with esti..

Exclusive-EU push for Big Tech to fund 5G rollout shelved to 2025, sources say

Exclusive-EU push for Big Tech to fund 5G rollout shelved to 2025, sources say

BRUSSELS (Reuters) -Europe’s telecoms operators pushing for Big Tech to help p..

Court OKs Mallinckrodt restructuring, $1 billion cut to opioid settlement

Court OKs Mallinckrodt restructuring, $1 billion cut to opioid settlement

(Reuters) -Drugmaker Mallinckrodt on Tuesday won court approval for a bankruptcy pla..

Estonia launches investigation into underwater communications cable malfunction -PM

Estonia launches investigation into underwater communications cable malfunction -PM

(Reuters) – Estonia has launched an investigation into the malfunction of comm..

IMF says global economy ‘limping along’, cuts growth forecast for China, euro zone

IMF says global economy ‘limping along’, cuts growth forecast for China, euro zone

MARRAKECH, Morocco (Reuters) -The International Monetary Fund on Tuesday cut its gro..

Ireland lays out plans for 100 billion euro sovereign wealth fund

Ireland lays out plans for 100 billion euro sovereign wealth fund

DUBLIN (Reuters) -Ireland laid out plans in Tuesday’s budget to turn some of t..