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Factbox-Airlines suspend flights as Middle East tensions rise
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Sterling heads for worst weekly performance since January
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Polish fashion retailer LPP appoints Marcin Bojko as deputy CEO
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EU Commission sees euro zone economy picking up, warns of US protectionism
TotalEnergies, BP, Equinor and Shell commit $500 million to boost energy access
Date: November 15, 2024
By America Hernandez PARIS (Reuters) -Oil and gas majors TotalEnergies, BP, Shell and Equinor pledged on Friday to invest $500 million to increase access to affordable energy, primarily in sub-Saharan Africa, south and southeast Asia. That is about 0.7% of some $70 billion in net profit the four companies collectively earned in 2023. The announcement...
Borderless Europe fights brain drain as talent heads north
Date: November 15, 2024
(This Nov. 14 story has been refiled to fix the currency conversion in paragraph 17) By Sergio Goncalves, Giselda Vagnoni, Gergely Szakacs and Charlie Devereux LISBON (Reuters) – Until recently aerospace engineer Pedro Monteiro figured he’d join many of his peers moving from Portugal to its richer European neighbours in the quest for a better-paid...
How Global Expansion and Strategic Acquisitions Are Driving a New Growth Era for Beyorch
Date: November 15, 2024
When Dré Villeroy founded Beyorch in 2018, he wanted to create an investment company that went beyond the pursuit of wealth. In keeping with this goal, he formulated the company’s name by combining the words “beyond” and “rich.” Villeroy’s intentions were twofold: to identify companies that were accomplishing good in the world and to give...
The Hidden Costs of Complex Contracts: New Report Highlights Need for Contract Simplification
Date: November 15, 2024
By: Andi Stark A recent report from World Commerce & Contracting (WorldCC) in partnership with Icertis sheds light on a growing issue in commercial transactions: the hidden costs associated with complex contracts. As contracts become increasingly intricate, companies are bogged down by rising costs, wasted time, and strained partnerships. Based on data from thousands of...
German economy to underperform euro zone until 2026, EU forecasts
Date: November 15, 2024
By Maria Martinez BERLIN (Reuters) – The German economy will continue to significantly underperform average growth in the euro zone until 2026, the forecasts of the European Commission showed on Friday. The European Commission’s Autumn Forecast projects GDP growth in 2024 at 0.8% in the euro area, while a 0.1% GDP contraction is expected in...
Generali beats profit estimates despite natural disasters
Date: November 15, 2024
MILAN (Reuters) -Generali beat nine-month profit forecasts as lower claims and price increases offset a 930 million euro ($982 million) hit from natural disasters, the Italian insurer said on Friday. Nine-month operating profit – closely watched by the market – rose 7.9% to 5.4 billion euros ($5.7 billion), above a company-provided analyst consensus estimate of...