Citigroup outlines layoff process, reassignments as overhaul takes shape
NEW YORK (Reuters) -Citigroup managers are reviewing staff rosters to determine by November who will stay in place, be reassigned or l..
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Dollar, stocks slip amid still tight U.S. labor market
NEW YORK/LONDON (Reuters) -The dollar eased and a gauge of global equities slipped on Thursday as investors grappled with U.S. unemplo..
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‘Greedy beast’ of inflation not yet defeated, Bundesbank chief says
FRANKFURT (Reuters) – Euro zone inflation is falling but the fight is not yet won and the high rate of underlying price growth r..
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Alstom cash flow warning wipes $3 billion off train maker’s value
(Reuters) -Alstom’s shares plunged by as much as 38% in Paris on Thursday after the French train maker slashed its full-year fre..
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Jewellery retailer Pandora raises growth targets, shares jump
LONDON (Reuters) -Jewellery retailer Pandora raised its growth targets on Thursday, saying investments in the brand and store network ..
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Novo Nordisk’s Wegovy bonanza looms large in Denmark
COPENHAGEN (Reuters) – The whirlwind success of weight-loss treatment Wegovy is providing a bonanza not just for its developer, ..
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UK new car sales rise about 20% in September, says industry body SMMT
(Reuters) – New car sales in Britain rose roughly 20% in September from a year earlier, driven largely by an increase in registr..
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UK PM Sunak offers billions for new links after scrapping HS2 northern leg
MANCHESTER (Reuters) – British Prime Minister Rishi Sunak cancelled the northern leg of the costly HS2 high-speed rail project o..
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Europe could become energy self-sufficient in $2 trillion push – study
FRANKFURT (Reuters) – Europe could wean itself off fossil fuels and create a self-sustainable energy sector by spending around 2..
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World’s biggest bond markets steady after heavy selloff
LONDON (Reuters) -A broad selloff in world government bonds on Wednesday drove up U.S. 30-year Treasury yields to 5% for the first tim..
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