business
Finance
Telefonica's sale of Peruvian fibre network falls through
Business
Trump’s tariffs could cost carmakers up to 17% of combined core profits, S&P says
Business
Britain seeks views on including shipping in carbon market from 2026
Business
KIXY & BRITISH WRESTLING PIN PARTNERSHIP TO EMPOWER COMMUNITIES
European asset manager Amundi targets India debt with two recent fund launches
Date: November 29, 2024
By Dharamraj Dhutia MUMBAI (Reuters) – Amundi Investments, Europe’s largest asset management firm, plans to increase its exposure to Indian debt through its recently launched funds focusing on the country’s fixed income market, officials at the asset management firm said. To add to the dollar-denominated exchange-traded fund (ETF) launched in September, the fund house launched...
Strikes to hit Volkswagen in December as clash with labour escalates
Date: November 29, 2024
BERLIN (Reuters) -Workers at Volkswagen could go out on strike across Germany as soon as next week, the IG Metall union said in a notice on Friday, as a clash between labour and management over layoffs and plant closures escalates. “Strikes are possible and also necessary from the beginning of December,” IG Metall said in...
German retail sales fall more than expected in October
Date: November 29, 2024
(Reuters) – German retail sales fell more than expected in October, decreasing by 1.5% compared with the previous month, data showed on Friday. Analysts polled by Reuters had predicted a 0.3% decrease. Compared to the same month in the previous year, the retail sector recorded an increase in sales of 1.0% in real terms. Food...
Sabadell picks Marc Armengol to replace Robin Bulloch as TSB’s CEO
Date: November 29, 2024
MADRID (Reuters) -Marc Armengol will succeed Robin Bulloch as Chief Executive Officer of Britain’s TSB bank at the beginning of 2025, its Spanish owner Banco Sabadell <SABE.MC> said on Friday. Bulloch, who will retire after a 45-year career in retail banking, had joined TSB in 2019 and had been appointed CEO in 2021. The reshuffle...
Hot Wheels, G.I. Joes aplenty on Shein, Temu amid worry over fake products
Date: November 29, 2024
By Jessica DiNapoli, Helen Reid and Arriana McLymore NEW YORK (Reuters) – Fast-growing specialty e-commerce sites such as PDD’s Temu and its rival Shein are branching deeper into the business of selling toys as many American and European shoppers prepare to seek out steep bargains during the Black Friday weekend. In previous years, Temu and...
Huawei sees excitement for Mate 70 phone wane, analysts say
Date: November 29, 2024
SHANGHAI (Reuters) – Huawei is seeing less consumer excitement in China for its newly launched Mate 70 smartphone, which could impact the Chinese tech giant’s overall shipments for the year to benefit Apple and other Chinese brands, brokerage Jefferies said. Jefferies said in a note published on Thursday that its observation of online discussions after...