By Stella Qiu SYDNEY (Reuters) – A look at the day ahead in European and global markets from Stella Qiu:…
Amazon UK adds e-cargo bikes, walkers in decarbonisation drive
LONDON (Reuters) – Amazon UK said it would expand its electric-cargo bike fleet and make more deliveries on foot to…
Patagonia sues Gap for copying ‘iconic’ flap pocket
By Jonathan Stempel (Reuters) – Patagonia Inc, the high-end outdoor clothing retailer, filed a lawsuit accusing Gap Inc of illegally…
Oil slides over 3% on Russian price cap talks, U.S. gasoline build
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices fell more than 3% on Wednesday, continuing a streak of volatile trading,…
Dollar down as Fed minutes, U.S. data weighs
By Saqib Iqbal Ahmed and John McCrank NEW YORK (Reuters) – The U.S. dollar fell across the board on Wednesday,…
Kering confirms departure of Gucci creative director Alessandro Michele
PARIS (Reuters) – French luxury goods company Kering confirmed on Wednesday the departure of Gucci creative director Alessandro Michele. “There…
ECB’s Centeno sees more consolidation in Portugal’s banking sector
By Sergio Goncalves and Andrei Khalip LISBON (Reuters) – Further consolidation of Portugal’s banking sector is inevitable, European Central Bank…
Investors back call for UK firms to support low-paid workers
By Simon Jessop LONDON (Reuters) – A group of 17 investors managing 3.2 trillion pounds ($3.82 trillion) have called on…
Factbox-Corporate America cuts thousands of jobs as recession looms
(Updates Amazon) (Reuters) – Corporate America is bracing for a potential economic downturn by shrinking the employee base as part…
Europe’s STOXX 600 hits over 3-month highs; Credit Suisse drops after flagging hefty loss
By Sruthi Shankar and Devik Jain (Reuters) -Europe’s STOXX 600 index closed higher on Wednesday as gains in miners offset…