Headlines

Carrefour sticks price warnings on food to shame suppliers

Carrefour sticks price warnings on food to shame suppliers

PARIS (Reuters) – French supermarket chain Carrefour has slapped price warnings on products from Lindt chocolates to Lipton Ice ..

OpenAI launches office in Dublin with nine job listings

OpenAI launches office in Dublin with nine job listings

(Reuters) -Artificial intelligence leader OpenAI is opening an office in Dublin, the Microsoft-backed company said Thursday. It is the..

Exor to buy back 1 billion euro own shares, starts with 750 million tender offer on Thursday

Exor to buy back 1 billion euro own shares, starts with 750 million tender offer on Thursday

MILAN (Reuters) – Exor has approved a new share buyback program for up to one billion euros ($1.07 billion), with an initial ten..

SoftBank’s Arm valued at $54.5 billion in year’s biggest IPO

SoftBank’s Arm valued at $54.5 billion in year’s biggest IPO

NEW YORK (Reuters) – Chip designer Arm Holdings Plc secured a $54.5 billion valuation in its U.S. initial public offering (IPO) ..

EU to investigate ‘flood’ of Chinese electric cars, weigh tariffs

EU to investigate ‘flood’ of Chinese electric cars, weigh tariffs

BRUSSELS (Reuters) -The European Commission launched an investigation on Wednesday into whether to impose punitive tariffs to protect ..

Goldman, J.P.Morgan cut UK’s 2023 growth forecast

Goldman, J.P.Morgan cut UK’s 2023 growth forecast

(Reuters) -Goldman Sachs and J.P.Morgan on Wednesday cut their full-year growth forecast for the UK’s gross domestic product (GD..

ABB invests $280 million in new robotics factory in Sweden

ABB invests $280 million in new robotics factory in Sweden

ZURICH (Reuters) – ABB is spending $280 million on a new robotics factory in Sweden, the Swiss engineering and technology group ..

Aviva to sell Singlife joint venture stake for $1 billion

Aviva to sell Singlife joint venture stake for $1 billion

LONDON (Reuters) -Aviva is quitting its Singlife joint venture, selling its 25.9% stake in Singapore Life Holdings and two debt instru..

Sterling drops after UK economy contracts by more than expected

Sterling drops after UK economy contracts by more than expected

LONDON (Reuters) – The British pound declined against the dollar and euro on Wednesday after data showed British economic output..

Zara owner Inditex’s H1 profit climbs as it eyes growth through stable prices

Zara owner Inditex’s H1 profit climbs as it eyes growth through stable prices

MADRID (Reuters) -Zara owner Inditex reported on Wednesday a jump of 40% in profit for the six months to July amid higher sales compar..