business

Business
Vestas CFO to step down, shares slip 5%

Business
Euro zone business activity declines sharply in November, PMI shows

Business
Volvo Cars reports 5% rise in November sales

Business
Palliser intensifies campaign to push Rio to give up London listing, FT reports

US job openings rise in October, layoffs decrease
Date: December 3, 2024
WASHINGTON (Reuters) – U.S. job openings increased moderately in October while layoffs declined, suggesting the labor market continued to slow in an orderly fashion. Job openings, a measure of labor demand, had risen 372,000 to 7.744 million by the last day of October, the Labor Department’s Bureau of Labor Statistics said in its Job Openings...

France’s EDF, TotalEnergies awarded Saudi solar tenders during Macron visit
Date: December 3, 2024
By America Hernandez PARIS/CAIRO (Reuters) -TotalEnergies will build an 0.3 gigawatt (GW) solar park in Saudi Arabia, while EDF Renewables will build two solar parks totalling 1.4 GW, as part of a series of deals announced on Tuesday during a visit by French President Emmanuel Macron to Riyadh. The French companies entered into 25-year power...

Should You Start Your Own Blog?
Date: December 3, 2024
Blogging might not be the first thing you think of when it comes to putting your voice out there these days, but you might be surprised to learn that blogs are still as popular as ever. Thanks to their accessibility, freedom, and general simplicity, blogs are a great alternative to social media for creative expression—and...

European Commission favours more EU funds for electric vehicles sector
Date: December 3, 2024
BRUSSELS (Reuters) – The European Commission called on Tuesday for an additional 1 billion euros ($1.1 billion) of EU funds to be made available to support electric vehicle battery cell manufacturing, as the EV sector shows signs of pressure. This would form part of an overall 4.6 billion euros set aside from the EU’s Innovation...

Shift to new UK job market survey may be delayed to 2027, ONS says
Date: December 3, 2024
By Suban Abdulla and William Schomberg LONDON (Reuters) – Britain’s statistics agency cautioned on Tuesday that the shift to its new, improved labour market survey may be pushed back to as late as 2027, dealing a fresh blow to the Bank of England as it tries to assess inflationary pressures in the economy. The Office...

Britons spent $4.6 billion online over Black Friday/Cyber Monday period, says Adobe
Date: December 3, 2024
LONDON (Reuters) – British shoppers spent 3.63 billion pounds ($4.6 billion) online over the Black Friday/Cyber Monday (Nov. 29-Dec. 2) period, a 5.2% increase year-on-year, according to data from Adobe Analytics published on Tuesday. UK retailers were looking to the discount weekend to kick start trading in the run up to Christmas after official data...
