Business

Image for Exclusive-Russia’s grain trader Demetra buys large stocks of sunflower seeds in Oct

Business

Exclusive-Russia’s Grain Trader Demetra Buys Large Stocks of Sunflower Seeds in Oct

Image for Northvolt has considered US bankruptcy protection, sources say

Business

Northvolt Has Considered US Bankruptcy Protection, Sources Say

Image for TotalEnergies’ Suriname project kicks off with $3 billion in contract awards

Business

TotalEnergies’ Suriname Project Kicks Off With $3 Billion in Contract Awards

Image for Factbox-Airlines suspend flights as Middle East tensions rise

Business

Factbox-Airlines Suspend Flights as Middle East Tensions Rise

Image for Sterling heads for worst weekly performance since January

Sterling Heads for Worst Weekly Performance Since January

Date: November 16, 2024

By Amanda Cooper LONDON (Reuters) – The pound headed for its biggest weekly loss since January on Friday, under pressure from weak UK economic data and a surging dollar that is getting a lift from investors’ conviction that Donald Trump’s policies will drive up U.S. growth and inflation. Britain’s economy contracted unexpectedly in September and...

Image for Polish fashion retailer LPP appoints Marcin Bojko as deputy CEO

Polish Fashion Retailer Lpp Appoints Marcin Bojko as Deputy CEO

Date: November 16, 2024

(Reuters) – Poland’s largest fashion retailer LPP said on Friday it has appointed Marcin Bojko as its deputy CEO. Bojko was previously finance director of the company. Bojko replaces Przemyslaw Lutkiewicz, who resigned as deputy CEO last month due to health reasons, after nearly 10 years in the role. (Reporting by Marta Maciag; Editing...

Image for EU Commission sees euro zone economy picking up, warns of US protectionism

EU Commission Sees Euro Zone Economy Picking Up, Warns of US Protectionism

Date: November 15, 2024

By Jan Strupczewski BRUSSELS (Reuters) -Euro zone economic growth will pick up in 2025 and 2026 and inflation will slow, the European Commission forecast on Friday, but warned a protectionist U.S. trade policy under the Trump administration could be “extremely harmful”. U.S. President-elect Donald Trump, who will take office on Jan 20, has floated the...

Image for TotalEnergies, BP, Equinor and Shell commit $500 million to boost energy access

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...

Image for Borderless Europe fights brain drain as talent heads north

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...

Image for How Global Expansion and Strategic Acquisitions Are Driving a New Growth Era for Beyorch

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...