By Sarah McFarlane, Timothy Gardner and Susanna Twidale WASHINGTON/LONDON (Reuters) – U.S. firms developing a new generation of small nuclear…
Analysis-Overlapping crises add urgency for IMF, World Bank resources, reforms
By David Lawder and Andrea Shalal WASHINGTON (Reuters) – Global financial leaders are digging into a long to-do list after…
Ukraine insurance costs surpass Iraq war levels, industry sources say
By Carolyn Cohn and Noor Zainab Hussain LONDON (Reuters) – Insurance for humanitarian workers, journalists, engineers and others heading to…
Adidas cuts 2022 outlook on weaker demand, Russian exit
By Emma-Victoria Farr FRANKFURT (Reuters) -German sporting goods maker Adidas on Thursday cut its full-year guidance, citing weaker expectations for…
Credit Suisse scrambles to finalise revamp as deadline looms
By Oliver Hirt, John O’Donnell and Noele Illien ZURICH/FRANKFURT (Reuters) -Credit Suisse is racing to firm up sales of part…
New Gucci head in China to lay out strategy soon to revive sales
PARIS (Reuters) – Gucci’s new chief in China will lay out his strategy to revive the label’s sales in the…
BMW tests hydrogen burner at German plant, expands battery assembly lines
LEIPZIG, Germany (Reuters) -BMW is testing a burner able to operate on both hydrogen and gas in its paint shop…
L’Oreal posts brisk sales rise despite disruptions in China
PARIS (Reuters) – Cosmetics group L’Oreal posted robust sales growth over the third quarter, lifted by brisk demand in Europe…
European shares rise after UK’s Truss resigns as prime minister
By Amruta Khandekar and Devik Jain (Reuters) -European shares rose on Thursday after Liz Truss said she was resigning as…
Investors file lawsuit against Volkswagen over climate-change related lobbying disclosures
BERLIN (Reuters) – Six Volkswagen investors filed a case against the carmaker this week for refusing to discuss at its…