business

Image for Prosus nearly doubles profit in H1 on strong e-commerce, Tencent growth

Finance

Prosus nearly doubles profit in H1 on strong e-commerce, Tencent growth

Image for Unilever CEO looking to sell food brands with $1 billion in sales, FD reports

Finance

Unilever CEO looking to sell food brands with $1 billion in sales, FD reports

Image for Topps Tiles says board supports strategy after top investor's criticism

Finance

Topps Tiles says board supports strategy after top investor's criticism

Image for Green Minerals expects delay to Norway's first deep-sea mining licensing round

Finance

Green Minerals expects delay to Norway's first deep-sea mining licensing round

Image for PZU aims to sell Alior Bank shares to Pekao under new strategy

PZU aims to sell Alior Bank shares to Pekao under new strategy

Date: December 2, 2024

GDANSK (Reuters) - Poland's top insurer PZU said on Monday it plans to sell its 32% stake in Alior Bank to Pekao, in which it holds 20%, as it seeks to regroup its banking activities under a new 2025-...

Image for Euro zone Nov factory activity fell sharply; outlook gloomy, PMI shows

Euro zone Nov factory activity fell sharply; outlook gloomy, PMI shows

Date: December 2, 2024

LONDON (Reuters) - Euro zone manufacturing activity fell sharply last month and a further decline in demand likely dashed any hopes for an imminent recovery after the sector had showed some signs of...

Image for German manufacturing sector mired in downturn in November, PMI shows

German manufacturing sector mired in downturn in November, PMI shows

Date: December 2, 2024

BERLIN (Reuters) - Germany's manufacturing sector remained firmly entrenched in contraction territory in November as firms struggle with weak demand and competitive pressure, highlighting ongoing...

Image for Oil rises on upbeat China data, shaky Israel-Lebanon ceasefire

Oil rises on upbeat China data, shaky Israel-Lebanon ceasefire

Date: December 2, 2024

By Florence Tan and Gabrielle Ng SINGAPORE (Reuters) -Oil prices rose on Monday, supported by strong factory activity in China, the world's second-largest oil consumer, and heightened tensions in the...

Image for Factbox-Europe's embattled auto sector plans plant closures and layoffs

Factbox-Europe's embattled auto sector plans plant closures and layoffs

Date: December 2, 2024

(Reuters) - A slew of automotive companies have recently announced plant closures and big layoffs in Europe as they struggle with weak demand, high production costs, competition from Chinese rivals...

Image for Britain's Supreme buys Typhoo Tea out of administration

Britain's Supreme buys Typhoo Tea out of administration

Date: December 2, 2024

(Reuters) - Britain's Supreme has bought out loss-making tea brand Typhoo Tea from administration in a 10.2 million pound ($12.94 million) deal, the fast-moving consumer products seller said on Monday...