MILAN (Reuters) – Italy’s second-largest lender UniCredit will give its staff in Germany a bonus of 2,500 euros ($2,594) to…
UK retail sales recover only partially as outlook darkens
By Andy Bruce LONDON (Reuters) -British retail sales staged only a partial rebound last month after shops closed in September…
Hungary aiming to prevent economy sliding into recession, Orban says
BUDAPEST (Reuters) -Hungary is aiming to prevent its economy sliding into recession, Prime Minister Viktor Orban said on Friday after…
Moody’s changes Renault’s outlook to “stable” from “negative”
PARIS (Reuters) – Moody’s Investors Service said on Friday it changed the outlook on French carmaker Renault’s ratings to stable…
Norway’s economy grew more than expected in Q3
OSLO (Reuters) – The Norwegian economy grew at a faster pace than economists had expeced in the third quarter, Statistics…
Credit Suisse’s Swiss investment bank to be spared in overhaul
ZURICH (Reuters) – The Swiss arm of Credit Suisse’s investment bank will be largely unaffected by the restructuring plan the…
Zuckerberg says WhatsApp business chat will drive sales sooner than metaverse
By Paresh Dave and Katie Paul (Reuters) – Meta Platforms Inc Chief Executive Mark Zuckerberg told employees on Thursday that…
Amazon layoffs to extend into 2023
(Reuters) – Amazon.com Inc said on Thursday there would be more role reductions as its annual planning process extends into…
Bankrupt FTX’s new CEO outlines fund abuses, untrustworthy records
(Reuters) -The executive hired to steer FTX Group through bankruptcy offered his first findings of improper fund transfers and poor…
Alibaba quarterly revenue misses expectations as spending slows
(Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd posted a low single-digit rise in quarterly revenue on Thursday, slightly…